Why Lisk (LSK) a Profitable Investment?

The future price performance of LSK depends solely on the success of the Lisk network and the adoption of its technology by developers, programmers, and start-ups. Lisk is not a digital currency that can be used to buy and sell goods and services. Hence, unlike bitcoin, no merchants will likely ever adopt the cryptocurrency as a means of payment. Therefore, the key drivers will be technology adoption and investor interest, with the two tending to go hand in hand in the cryptocurrency market as ether (ETH) has shown."Why Lisk (LSK) a Profitable Investment?"

If you are not averse to risky speculative investments and are familiar with the cryptocurrency markets, putting a small amount of money into LSK could potentially turn out to be a very lucrative investment. Given that Lisk uses JavaScript as a programming language, which is popular among tech giants such as Microsoft and Google, the likelihood of its developer base increasing and adopting Lisk as a network to build applications on is quite high.

Furthermore, Lisk has entered into a partnership with Microsoft Azure, which means that developers worldwide can develop, test, and deploy Lisk blockchain applications using Microsoft’s Azure cloud computing platform and infrastructure. However, there is a risk that more superior blockchains that offer similar functionalities will emerge then the price of LSK will likely drop sharply.

I would say LSK is a riskier investment than Ethereum’s ether as the demand for the development of smart contracts, especially from the financial industry, is huge. Also, a background in programming in necessary to fully understand the Lisk system and may be a barrier preventing some investors from getting on board.

Moreover, while Lisk performs well in terms of developer participation, it is lacking in liquidity, with low trading volumes on exchanges, and needs to build a larger community around itself to generate more discussion on social media relative to more successful cryptocurrencies like bitcoin or ether.

Nevertheless, the potential reward for investing now is also large; the main advantage over Ethereum is that all Lisk applications run on their own blockchains, i.e. the ‘sidechains’, which could provide an advantage in scaling to a mainstream audience.'Why Lisk (LSK) a Profitable Investment?'

LSK as an investment will only perform well in the long run if the Lisk network becomes a leading blockchain technology for start-ups to build new apps over the next year or so, which up until now looking very promising.

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