Made a reply in another thread answering my view on altcoins.
Thought I might as well just copy/paste it for reference.
----------------------------
Without any doubts, I buy longterm:
ETH, EOS, (BTC), XMR, XLM, XTZ, XRP
I dont think I need to say anything other than I am 100% in on these.
EOS and XLM still havent really proven themselves. They might die. But I am 100% in anyway.
The others, have already proven a utility function and solved a major technological problem. They will be here for good. I'm putting my money where my opinion is on this. 100% of my liquid assets are crypto now. (I invest in tech companies and own founder stock otherwise, but thats the only other investing I do)
$LINK
I think LINK has potential but it is very inflated and overvalued/hyped right now.
LINK has not actually accomplished much of its blockchain technology claims yet, but it seems like progress is going well, and its supported, etc. so its a good one to add to the list.
It has good business development behind it also, partnering up with many other chains, and companies / agendas.
$ZEC
Some people might also like ZEC. I am on the fence.
$REP $BAT
REP and BAT are interesting as well. Utility usage and found a niche. any altcoin that has not found a 1) valid; 2) usable; and 3) niche - utility - will eventually disappear (go to $0).
$LTC
I'd also say LTC is a valid coin. Its basically bitcoin but faster tx speed, lower tx fees, and not much different from it (LTC is a BTC fork).
$BCH, $BSV/$BC*/etc
BCH is the other bitcoin "alternative" that I think has validity. The others I dont (BSV, BS* etc). However I dont hold BCH because it has a 51% vulnerability that is very very low. It could happen anytime. The only thing keeping it alive is MAD (mutually assured destruction). The miners who have over 65% control of BCH just dont want to nuke their own coin as the scam exit might not be as valuable as continuing to mine it/manipulate it. (ergo: BCH is WAY too centralized).
$OMG $ALGO $DASH
OMG, ALGO, and DASH are interesting to keep a watch on too.
These are basically all the coins on my watchlist.
ETC as well, but I have a love/hate relationship with ETC. I believed in it, and it burned me, so I'm staying away now. I also dont think ETC really matters anymore. ETH won that argument years ago.
ETC doesnt have the ETH dapp chain either. Everyone is using ETH chain not ETC chain.
ETC only exists because some purists cant let go of an old argument that they lost, basically, and I think thats childish and regardless of who is "right" and who is "wrong" (which isnt distinguishable in this case IMO),....let it frikkin go and move on with your life.
#1 "altcoin" ofc is ETH. So much so that I believe before 2021 it will decouple from BTC and have close to (if not more) market share. Its not even really an altcoin anymore. BTC and ETH are "THE COINS".
DISCLAIMER: I an an XMR miner.
However XMR has solved every drawback of BTC and improved upon it 100x.
If technical ability was the value of each coin, XMR would be worth 10 BTC.
I believe, eventually, it will be.
I will not sell a single coin lower than $250 right now, and after 2025 I wont sell a single one under $1k.
If you are interested, watch this:
www.youtube.com/watch?v=8quGD9W7...
Its long, but watch it in background while you play or work.
Its well worth it.
It literally covers everything about BTC and XMR and future of crypto as valid currency.
Monero Means Money (Monero=XMR). It is going to replace fiat and its already doing it in very niche markets.
Thought I might as well just copy/paste it for reference.
----------------------------
Without any doubts, I buy longterm:
ETH, EOS, (BTC), XMR, XLM, XTZ, XRP
I dont think I need to say anything other than I am 100% in on these.
EOS and XLM still havent really proven themselves. They might die. But I am 100% in anyway.
The others, have already proven a utility function and solved a major technological problem. They will be here for good. I'm putting my money where my opinion is on this. 100% of my liquid assets are crypto now. (I invest in tech companies and own founder stock otherwise, but thats the only other investing I do)
$LINK
I think LINK has potential but it is very inflated and overvalued/hyped right now.
LINK has not actually accomplished much of its blockchain technology claims yet, but it seems like progress is going well, and its supported, etc. so its a good one to add to the list.
It has good business development behind it also, partnering up with many other chains, and companies / agendas.
$ZEC
Some people might also like ZEC. I am on the fence.
$REP $BAT
REP and BAT are interesting as well. Utility usage and found a niche. any altcoin that has not found a 1) valid; 2) usable; and 3) niche - utility - will eventually disappear (go to $0).
$LTC
I'd also say LTC is a valid coin. Its basically bitcoin but faster tx speed, lower tx fees, and not much different from it (LTC is a BTC fork).
$BCH, $BSV/$BC*/etc
BCH is the other bitcoin "alternative" that I think has validity. The others I dont (BSV, BS* etc). However I dont hold BCH because it has a 51% vulnerability that is very very low. It could happen anytime. The only thing keeping it alive is MAD (mutually assured destruction). The miners who have over 65% control of BCH just dont want to nuke their own coin as the scam exit might not be as valuable as continuing to mine it/manipulate it. (ergo: BCH is WAY too centralized).
$OMG $ALGO $DASH
OMG, ALGO, and DASH are interesting to keep a watch on too.
These are basically all the coins on my watchlist.
ETC as well, but I have a love/hate relationship with ETC. I believed in it, and it burned me, so I'm staying away now. I also dont think ETC really matters anymore. ETH won that argument years ago.
ETC doesnt have the ETH dapp chain either. Everyone is using ETH chain not ETC chain.
ETC only exists because some purists cant let go of an old argument that they lost, basically, and I think thats childish and regardless of who is "right" and who is "wrong" (which isnt distinguishable in this case IMO),....let it frikkin go and move on with your life.
#1 "altcoin" ofc is ETH. So much so that I believe before 2021 it will decouple from BTC and have close to (if not more) market share. Its not even really an altcoin anymore. BTC and ETH are "THE COINS".
DISCLAIMER: I an an XMR miner.
However XMR has solved every drawback of BTC and improved upon it 100x.
If technical ability was the value of each coin, XMR would be worth 10 BTC.
I believe, eventually, it will be.
I will not sell a single coin lower than $250 right now, and after 2025 I wont sell a single one under $1k.
If you are interested, watch this:
www.youtube.com/watch?v=8quGD9W7...
Its long, but watch it in background while you play or work.
Its well worth it.
It literally covers everything about BTC and XMR and future of crypto as valid currency.
Monero Means Money (Monero=XMR). It is going to replace fiat and its already doing it in very niche markets.