4 Cryptocurrencies to Buy If You Missed the Boat on Bitcoin

November 28, 2017 trap.LA

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With bitcoin prices cracking $10,000, investors who were late to the game should seek out alternative cryptocurrencies

Not known for providing conventional trading dynamics, bitcoin prices again shocked the world, this time exceeding $8,000. At this juncture, we may be standing on a critical inflection point. For those that believe that cryptocurrencies are in a bubble, the present bitcoin prices are a perfect argument. But to crypto supporters, the dramatic rise only proves the viability of the digital markets. I’ve written extensively about cryptocurrencies, and I’ve traded them as well. But even I have to admit that the meteoric skyrocketing of bitcoin prices is a shocker. I’m not so surprised in terms of nominal targets: a few months back, I wrote about the not-so-crazy case for $10,000 bitcoin. My InvestorPlace colleague, Will Ashworth, did the same. Rather, the speed at which bitcoin prices accelerated caught me flatfooted.