A comment piece in themerkle.com has highlighted seven emerging cryptocurrency trends that anyone with an interest in the marketplace should take heed off.
And it starts its list with a warning to “Pay Attention To The New Players”. The article states: “Even though Bitcoin is the most significant player in the market, new coins like Ethereum, Litecoin, and Ripple are coming from behind. And it’s not just them. As of July 2017, there were over 900 active cryptocurrencies governing the anonymous financial market. Pay attention to the new players, as you never know when their values are going to skyrocket, just as Bitcoin’s did.” Later in the article, it explains how “cryptocurrency exchanges are not as safe as they might look. Certain leaks and errors have already caused thousands of people to lose their money. However, digital wallets are becoming more and more popular. By using a wallet, you can minimize the risk of a security breach because that wallet is personal. An exchange? Not so much.” (Source: themerkle.com)