Rise of the Alt-Coins and their affect in the marketplace.

How Many Alt Coins Are There?

By now many of us have heard of the legendary Bitcoin. Some of us may be for the crypto currency while others may be against it. But as traders it's important to know all our options in the marketplace. Currently, there almost 100 crypto currencies in the marketplace. Some of them are doing extremely well while others are worth only pennies on the dollar. If you understand what the key alt coins are, you can make a better desicion when investing. Also, you need to have a good idea of what alt coins may be cheap today but have a good chance of going up in the near future.

As of right now Litecoin is being marketed as silver to Bitcoins gold. This makes Litecoin and excellent option for investing. Bitbar is another worthy choice that markets itself as being a "rare" and expensive digital currency to own. Dogecoin is currently worth 1/1,000 of a dollar, but dont let that fool you. The alt coin has recieved lots of attention from the media and I expect it to gain value over the next few years.

With so many choices of alt coin on the market, it provides us investors with a new frontier of opportunity. While the loss and gain can be huge - so is the excitement!