Quote Originally Posted by WJ99mobile View Post
Massive risks surely buying a unknown Crypto

Long term surely only Bitcoin will survive?

You need to research the whitepaper of the coin you're interested in buying. Choose a coin that has a real practical everyday function.
There are literally thousands of cryptocurrencies, however, a huge amount of them are just 'shitcoins' and not likely to be around long.
My Vechain coin is used to track inventory and stop counterfeiting too. The Chinese government use it, so do Walmart and BMW, to name just a few.
XRP will replace SWIFT payments for international transactions, it can send money anywhere in the world in seconds
and for the cost of a few pennies. PayPal is already getting on board.
My Theta coin has the YouTube founder, Steven Chen as an advisor. It will be installed on all new Samsung TVs and is being adopted by Verizon and Google. It's purpose is to increase bandwidth when streaming videos (huge growth market).

In fact, all of the coins I hold have a real purpose. Bitcoin doesn't have any real purpose, other than being a store of value.