Started using Binance today. Bought some XRP (Ripple).
There’s like a 100 different Cryptocurrencies on there!
Any other recommendations to buy and hold?
I missed the BTC train and am not going to invest 15,000 to buy one.
The more and more currencies are traded, the softening the demand will get across all but the premium coins. Its more like beanie babies than a true asset market.
Unless there’s some specific technology or use that makes a new currency advantageous, it’s hard to justify buying it - but then again, it’s all so speculative anyway.