Top Crypto Currency to Hold for Long Time
It is advisable to invest in cryptocurrency only the amount you are able to lose.
These markets require a lot of knowledge to create quality, but there are many things to be found. cryptocurrency is easy, except for Bitcoin, which has an anonymous creator / builder. It's not easy to talk to the CEO of some of the companies you want to invest.
We must realize that this market is immature, highly volatile, and fueled by speculation. News can move trigger liars movements (ex Bitfinex hack 2016, DAO hack 2016, Mt.Gox hack 2014).
Bitcoin and other cryptocurrencies are generally subjective economic theories, level levels are the result of a holder's belief, not a real intrinsic value. Of course, there are many properties of Bitcoin that make Bitcoin a spectacular and spectacular value, but can freely interact with Bitcoin.
However, choose me in the following four, based on 5 years experience in space.
Bitcoin
currently used as a Store of Value and Pretender for gold 2.0. Bitcoin can be considered the king of cryptocurrency, simply because of its propulsion, good tissue effect and from its blockchain. The computing power required for 1000 networks is 1000 times stronger than the world's top 500 supercomputers combined. If you calculate the cost of 500 supercomputers, then Bitcoin's combined computing power is much cheaper.
Bitcoin has the limit to process 5 (theoretically 7) transactions per second, which by some parties as a settlement for payment as a global payment method. Bitcoin can be considered as the strongest p2p financial network in the world.
Siacoin - Currently Market is relatively low, but buying Siacoin means you for the future in a peer-to-peer storage network called Sia. If Bitcoin diverts a gold bar, Siacoin welcomes the hard-drive. Siacoin is a storage currency, which allows you to purchase data storage on a peer-to-peer network. Can be considered a crypto-commodity. Strong fundamentals and P-o-W can be mined. Block time is 10 minutes. This differs from Bitcoin, in the way it handles transactions, and has various basics - blockchain by smart contracts, which allows hosts and tenants to transact in the open market for data storage (world's first).
Ethereum - allows you to create decentralized apps and run smart contracts on the Ethereum network, which wants to be a world supercomputer. Think of Ethereum as a computer spread all over the world, where you can apply business applications and logic.
Ether
(Ethereum currency) can be used as a global payment method, simply because it has a very fast transaction. The block time is 14m.29s, compared to the 10m time Bitcoin block. This is the case of the Ethereum chain which is divided into two chains, the developer.
This network has potential, but still has plenty of evidence.
*Monero *
this is a privacy cryptocurrency that enables anonymous transactions and has strong growth by 2016. Monero has rolled out 2 minutes, allowing faster Confirmation of transactions from Bitcoin. It has a relatively low market capitalization with Bitcoin at the moment, but has a strong development company, because Github suggests that developers are very effective in this project (statistics of Crypto-Currencies commitments). Monero needs more infrastructure, but it seems the ecosystem is growing. Fundamentally looks good.
None of the above is an investment advice, this happens to my observations and so on.
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