Bitcoin and CryptoCurrency isn’t for the faint of heart, dramatic changes in terms of percents per day occur, and seem to be the norm! As I write this post, cyrpto currency is changing, mostly down, but a few hints of increasing.
Bitcoin – still leads all Crypto Currencies!
As Bitcoin changes, so does the alternative coin marketplace, following it other up and down the ranks. Bitcoin commands the leadership in coin market cap listings, harboring some 60% of the values.
A number of coin exchanges offer services to take your cash and convert it into mainly Bitcoin, to enable you to purchase one of the hundreds of other coins (in support of their dynamic projects and communities). Your purchasing instills belief that their projects are worthy! The currency world allows you to vote with your support (purchase of coins) for projects you believe in.
The coin market cap listings highlight a variety of coins, including tokens, providing a listing for new coin arrivals, the list of daily best performing and of course the daily worst performances. Hopefully, once you choose your coins, they will be on the best performing list. A lot of choices exist in selecting coins to support, with a good practice to place your money behind projects in the top 50 based on market cap. Of course you can add a few random choices, just as a long shot!
Join the crypto coin world, taking the next step, converting your cash into cryptocurrency so you can support your favorite projects.
Where to start
- find an exchange that handles your currency
- find an exchange to buy some alt coins (new page coming soon)
- read, read and read, join groups and follow you favorite coins (see content here)
- try out some mining (perhaps cloud, unless you’re a bit of a geek … suggestions coming soon)
- have fun and watch your crypto currency value increase!