Before we run into great detail of finding the best cryptocurrency.
I want to explain you the basic differences between Bitcoin and old coins.
Bitcoin is the first de-centralized cryptocurrency in the world and it was launched by Satoshi Nakamoto
in 2009 and it's two cryptocurrency that pretty much everybody knows about when you go to the streets
to ask What is Bitcoin they say oh I know this mythical.
When you ask them Do you know what is nice.
They say well this does what this ripple maybe some people Soglow ripple.
So Bitcoin is the most well known cryptocurrency is the first one it gets the most people are the in
the media.
Then out coin's which means alternative coins are all other crypto currencies and there are around 1500
out coins at the moment in the world.
And when you were was this caused this video there may be 2000 or 3000 crypto currencies and out goes
because the number is growing pretty fast.
People are all the time creating new crypto currencies and they are for example a terrible ripple that
small narrow cardinal and so on and so forth.
There are so many of them and the basic idea is that they try to do something better or differently
than Bitcoin.
So you can compare this to companies for example when somebody creates a company for example a mobile
phone company.
Nokia was the first one at least that was dominating the industry for a long time.
Then came Apple and Samsung and Huawei and they tried to do something differently and a little bit better.
And that's also a bit similar idea with cryptocurrency is alternative costs are trying to do things
better than Bitcoin.
They are also trying to solve other problems 10 bit cold because there are many things that made solution
into cryptocurrency world and in the world in general.
So some of these alternative coin's tried to solve other problems like education or many other problems.
Many cryptocurrency experts say that most old cars are Robby's but some of them will tains our world.
Some people say that one in 50 out Cowen's are moved.
And forty nine of the 50 outsource Robby's and that's what you need to keep in mind.
Most of them are not good and you will lose money if you invest in them.
But some of them can be gems and you can make big money if you find them early.
So should you invest in bitcoin or outscores Bitcoin is the oldest one is the biggest one at the moment.
And bitcoin is the most popular one it gets the most people are in the media.
So it means more people hear about it and the more money comes in.
On the other hand because it's the oldest one they may not have the best technology and it's the biggest
one already.
So there is already lots of money put in it and it doesn't have so much what to sell the crowd and some
small coins that many people don't know about.
For example the new cryptocurrency technology is popping up every day and they may make 100 time games
or even one Poulson time games.
So this kind of games are not possible in the same way with credit card then also transaction fees and
transaction times are cheaper with many out coins and some old coins so different problems than Bitcoin.
Like I explained solved then tried the sole integration problem like decrypts one of the crypto currencies
and there are many other examples out cause also more water than Bitcoin.
So the price goes up very fast but it can also go down very fast.
Bitcoin stocks are water at the moment so should you invest in Bitcoin all at once.
I will not answer that question directly because I want to give you the tools that will give you the
low rates that you can decide.
Is Bitcoin the best one.
Or are outscores the best.
Well because when you have the tools you don't need to rely on me or any other expert who is telling
you something about crypto currencies.
So let's take a closer look at those.
How you can define the best cryptocurrency.