Investing in IOTA: Advisable or not?

2017 was the year of IOTA. The cryptocurrency penetrated the top of the market within a few months. As a result, many investors and prospective investors have taken notice and are wondering whether to invest. With a market capitalization of 0.95 billion euros, IOTA is ranked 36th.

IOTA made it to the top 10 cryptocurrencies in no time.

Investing in IOTA: You should know

In contrast to Bitcoin and Co, IOTA is based on the tangle. The technology behind it is called Direct Acyclic Graph (DAG) and offers some promising features.

• As it gets bigger, the Tangle gets faster and faster. So it theoretically scales positively infinitely.
• There are no transaction fees on the network.
• The Tangle is even protected from quantum computing.

With these features, the IOTA team aims to become the leading currency in the growing M2M market. Industrial companies such as Bosch have already confirmed that they want to work with the IOTA - so the big ambitions seem to have a real foundation.This means: at the end of 2017, the IOTA was a very good investment, as it was full of potential, but had not played this out for a long time. Even in 2021 with the "Coordicide", IOTA is expected to become a powerful cryptocurrency and therefore still offers a lot of potential.As always, the following applies: in the volatile crypto market, there are no absolute certainties, only tendencies and probabilities. So you should only bet money you can do without if necessary, as all forecasts should be taken with a grain of salt.