Cryptocurrency: 20 alternatives to Bitcoin

By David Blake

Be one of the thousand investors that are making money from cryptocurrency!

There is no doubt that Bitcoin has taken the world by storm. The new coin has ushered in a whole new way to view currency and our economy. However, with the price of the Bitcoin reaching all time highs, it is already soaring out of reach for many people.

In this book, we give you 20 different alternatives that may be your way to get started with this whole new form of investing – options that will not break the bank for you to get started. All of the coins listed in this book are not only low in cost but show a strong potential for incredible profits in the future.

In addition, we have also included some basic guidelines every new cryptocurrency investor should follow when evaluating these coins. With so many new coins out there it will be difficult to sift through it all without a little guidance on how to pick and choose your own.

Discover:

• 20 Alternatives to Bitcoin
• What you need to know to start investing
• What coins are our top picks for the coming year
• What to be watchful for when choosing a new coin
• Where to look to get the information you need

This book is packed full of all sorts of information any new investor will need. What are you waiting for? Now you’re ready to get started investing!

• Language: English
• Publisher: David Blake
• Release date: Apr 7, 2018
• ISBN: 9781386308010

Book preview

Introduction

Congratulations on downloading Cryptocurrency: 20 Alternatives to Bitcoin and thank you for doing so.

There is no doubt that the cryptocurrency bandwagon has left the station and is heading for amazing destinations. The promise of great wealth is undeniable for many who may be considering investing in this new type of currency. It is exciting to be able to get in on the ground floor of any type of new investment, but there is no question that such a venture comes with its own level of risks.

Those risks are the very things that can hold a person back from making a decision to invest in cryptocurrency. The idea that it could be a fly by night operation that will soon vanish into oblivion taking your hard earned dollars with it is enough to make many hesitate. Others might be concerned that it is a scam that will one day be exposed as such or even have the idea that it is not at all what it is cracked up to be.

The reality though is pretty simple. Those are the same fears that people have wondered about in regards to any new investment opportunity. Imagine what people might have thought about Microsoft when it first announced its public offering in 1986 for a small $21/share. At that time, $21 may have seemed like a small fortune for many who took the plunge. Today, that same $21 share now sells for $84.00.

Or how about Google with its initial offering of $85/share? Even a small investment back then would have provided you with a massive windfall today. Those same shares are now being sold for over $1000. One need only look at the numbers to find big names today, like Microsoft, Google, and Amazon to see that there is high-profit potential in areas where one might least expect it.

This seems to also be the case with cryptocurrency but with a lot more reason to fear investment in this area. Unlike investing in the stock market where there are a lot of regulations and guidelines in place to protect investors and navigating the market has already been put to the test, investing in cryptocurrency is a whole new way game. Never has an innovation like this been at the disposal of so many. Investing in cryptocurrency puts you on the ground floor of a whole new way of thinking about money. From now on, money will be viewed as an investment tool in and of itself rather than a tool used to invest in other things.

So, how can you get in on this type of investment without running the risk of losing your shirt? While there is no sure-fire way to guarantee success, the key to investing in cryptocurrency lies in becoming familiar with those currencies that have set up an established track record but are still low enough in price that even those of humble means can have a chance to reap some incredible returns.

Quite often, when you mention cryptocurrency, Bitcoin comes to mind. As the first cryptocurrency introduced, it seems to be the most logical of choices as a promising investment option. However, with its price recently soaring to its highest point, ever it’s quite likely already priced out of reach for most people. For them, the next best option is to find a promising alternative that will get them in on the ground floor of a potential money maker.

Unfortunately, the popularity of altcoins can be a two-edged sword. While they often promise great earnings over time, there are also many far less scrupulous individuals who are less inclined to offer you a real coin of value. They may promise you high earnings, but after a little digging, the true value of their coins will become clear.

The trick, therefore, is not in finding an altcoin to invest in. They are found nearly everywhere you look. You see them advertised on social media, on the websites you are most likely to frequent, and you may even find them marketed at your local supermarket. The reality is that as cryptocoins become more popular, you’re going to find them everywhere you look. The real trick is to find a legitimate one that has the potential to become profitable over the life of your investment.

Through the pages of this book, we hope that you’ll find that one little gem that can put you on the path to future wealth. It is possible if you know how to do your research and choose the right coin to

Reviews for Cryptocurrency

[woojtek123 · Rating: 2 out of 5 stars]

It has not dated very well, only general part relevant, most of the suggested coins appear not to be succesfull