
What are Lesser-Known Cryptocurrencies?
Why Invest in Lesser-Known Cryptocurrencies?
Low buy-ins – investing in lesser-known cryptocurrencies can be cheaper than investing in established, popular coins. High growth potential – because these cryptocurrencies are not as well-known, there is a potential for high growth if they become popular. Diversification – investing in a variety of cryptocurrencies, including lesser-known ones, can help diversify your portfolio.
How to Invest in Lesser-Known Cryptocurrencies
Research and find a new cryptocurrency – you can scour forums, message boards, and whitepapers to find a promising new cryptocurrency that is not yet on popular exchanges. Use a smaller exchange – smaller exchanges may have more obscure cryptocurrencies that you can invest in. Join an ICO – initial coin offerings (ICOs) offer a chance to invest in a new cryptocurrency before it hits the market.