Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, NEM, Cardano: Price Analysis, Jan. 8

After a bumper 2017, the cryptocurrency market is attracting new traders who wish to make a fortune in short time. While this is a bullish development, it is also fraught with risk. Most newbies entering the markets believe that it is a ‘get rich quick’ scheme.

However, a majority will end up investing in coins that are likely to vanish from the scene in a few years. Too many inexperienced traders willing to buy at any price can lead to a bubble, which will end with a sharp downturn that does not bounce back quickly.

Full article: https://cointelegraph.com/news/bitcoin-ethereum-bitcoin-cash-ripple-iota-litecoin-nem-cardano-price-analysis-jan-8