5 Cryptocurrencies You Should Know About Besides Bitcoin
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After years of being seen as a nerdy collector's item for programmers and computer geeks, bitcoin has recently gained the attention of mainstream investors, day traders, Wall Street, and probably your crazy uncle Jimmy, too. The cryptocurrency's ridiculous 330% price gain in 2017 has left many to wonder whether bitcoin is a get-rich-quick investment that could actually pay off. Bitcoin has undoubtedly made some early investors rich, but the incredible interest in the cryptocurrency has far exceeded the market's understanding of how the underlying "blockchain" technology works.
That gap in knowledge has created an opportunity for the creation of hundreds of new cryptocurrency tokens looking to cash in on investors' greed and ignorance -- but that doesn't mean all should be avoided. If you're serious about the technology -- and you're ready to do your homework -- then you may want to consider adding one or more of these five cryptocurrencies and tokens to your portfolio.
Source: Fool.com
