Altcoins will Blow Up
Well, except for scam coins.
So Coinbase (a massive leader in the crypto space for buying/selling BTC, LTC, and ETH) recently announced that they are looking to add all alt coins onto their website. They plan on doing this by raising $1 billion dollars from investors. Now, this is huge because crypto, for the average consumer, is very complicated. By Coinbase adding alt coins, they basically simplify, or dumb down the process for newbies by allowing them to buy and sell all coins from one website, as well as use this one website as their wallet rather than bouncing back and forth from wallet, exchange, and Coinbase to purchase altcoins.
Now, I hope that Coinbase makes their website ultra-secure, and adds some sort of "saftey net" like the FDIC for banks if you loose your coins. If they do this, they could dominate the future market. People want two things: 1.) Crypto to make sense and 2.) To invest simply and securely.
My apologies for how spazzy I am in this video, as I hope you find it entertaining. What I am trying to get across is that if you invest in the really inexpensive coins now that have great future potential, you could be looking at a MASSIVE payday. One similar to the Bitcoin pizza story if you do it right. This is because you would be investing into alt coins before the masses do, aka before the prices skyrocket.
(Read more about Coinbase here: https://cointelegraph.com/news/coinbase-seeks-to-raise-1-bln-to-expand-and-go-beyond-bitcoin)
-full disclaimer I'm not a finical adviser, this is just my opinion, so invest at your own risk-