Of all the cryptocurrencies with high return and high risk in 2018, a lot of analysts would agree that NEO is among the top of the list. Below, we are explaining why.
Basically, NEO allows developers to create smart contracts without the need of learning a new programming language but instead using C++ or Javascript. This has a great advantage over Ethereum for example. There are almost no barriers for developers. Because of this, NEO is often called as the Ethereum of China but I think that this has a higher meaning than just be focused on China. I think that it has a great opportunity worldwide.
Since this year is going to be the year of regulations, maybe even some ICOs regulations can be a good thing for the entire crypto market. ICOs allowed all developers to acquire resources for free with no legally obliged future returns and this led to a lot of people getting scammed. Also, I don’t believe that the ICO ban will be the end of NEO because it has great potential and also for its current price.
The main risks for NEO, however, are the decisions made regarding the ban of all cryptocurrencies. The current situation in Asia is very unstable and very unpredictable. Also, this year is expected to be the year of digital currencies and there is a high possibility that a new currency can emerge with a lot of technological advantage. You can see here (Dc Forecasts) the progress and the expectations for NEO this year. I, however, believe that NEO has great potential despite all the risks but when you think twice, the entire crypto market is risky and so are the cryptocurrencies.
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