Beyond Bitcoin: Promising Cryptocurrencies

Whatever your position on Bitcoin and its supporting blockchain technology, it's hard to deny its impact. Nearly 1,500 cryptocurrencies have emerged since the launch of the first Bitcoin block in January 2009. In 2017 the price of Bitcoin itself increased from less than $1,000 in January to more than $19,000 two weeks before Christmas. It's been a wild ride.

This year, Bitcoin has already dipped well below the $10,000 mark. Many investors still consider this unduly inflated. They do, however, see huge potential for profiting on alternative coins (altcoins) that are still gaining momentum. The challenge is discovering which cryptocurrencies are legitimate, and which aren't.

Altcoins: A Word of Warning

The cryptocurrency market is highly volatile, making price trends impossible to predict. It's not uncommon to see daily fluctuations of 5% to 10%. And the impact of future regulations or potential bans in some

IOTA's steady decline