While the prediction seems to be on the higher side, we have all seen how to mine neo tremendously cryptocurrencies have performed in the past.

It would be fair to say that the long-term future also looks promising for the NEO coin. So, is NEO a good investment?

As we have seen, NEO has provided great investment returns in the past. How to mine neo with previous performance, a crucial factor that pushes a how to mine neo to success is strong fundamentals, and NEO has plenty.

There are many aspects of NEO which may make it even more successful.

Their comments about planning to ban cryptocurrency mining led to a crash in market prices. However, Neo is one of their own cryptocurrencies and they have how to mine neo it favorably. Not only that, but it is also being used by many major businesses in the nation such as Alibaba and Microsoft China.

Considering the huge size of the Chinese market and the impact China has on the overall economy, this factor could provide a major boost for NEO.

Ethereum developers need to learn Solidity to code smart contracts. This could be a game changer for NEO as it makes the platform more accessible to a wider range of developers.

Smart Economy How to mine neo was born with the purpose of digitizing currency using blockchain technology.

Ethereum became the next generation of blockchain with the creation of smart contracts that could digitize how to mine neo kinds of agreements.

NEO does all of that and much more. NEO is bringing in the concept of a Smart Economy where any real assets like a house can be digitized.

So, for how to mine neo, if you rent out your home, you can enter into a smart contract with your tenant. You could insert a condition in which a digital key of the house is shared with the tenant only when you receive the rent.

Most ICOs that how to mine neo launched last year was launched on the Ethereum network, which made Ethereum very popular. It looks as if NEO is a strong coin and could go a long way, and these are all how to mine neo factors that could lead NEO on the path of success.

However, there are also some things that you need to be careful about too.

Government Regulations Even though NEO currently has the support of the Chinese government, we are not sure if this stance will change in the future. China has not been a crypto-friendly nation and that could directly how to mine neo the success of NEO.

It has been the biggest beneficiary of the support of the Chinese government, how to mine neo it will also be how to mine neo worst hit if they decide to go anti-cryptocurrency again. So, you should keep a lookout for news related to the movements of the Chinese government.

Increase in Competition NEO could face stiff competition from many cryptocurrencies which are developing similar platforms for smart contracts. In fact, Cardano ADA coin, which is also being considered as a next generation blockchain platform, has a bigger market capitalization than NEO. Source: coinmarketcap There are other coins like EOS.