My name is Anonymous,
and I think of pouring money into cryptocurrencies as an accessible scheme of a venture investment. U.S. regulations prohibit an investor from purchasing ownership interests in companies that are not publicly listed on a stock exchange — unless he / she has at least $200K of a yearly income. This is very unfortunate and closes those great instruments from the general population.
Cryptocurrency investment, on the other hand, is not currently regulated by SEC — or similar agencies. Keeping this in mind, investing in Ethereum development in middle-2014 has been extremely similar to a venture investment. And, well, it played out — allowing ETH team to grow rapidly.
Any investment may grow by a huge factor. Or, it may become worth nothing. It’s your take whether to follow the advice, or to ignore it. There are many cryptos out there which are just sophisticated ponzi schemes decided to enrich their creators. Similarly, currencies which do not bring any innovations to the table have been excluded from the list.
The simplified list:
1 .Ethereum(ETH): Current Rate: $292.76
Exp Rate at End of 2017:$500
2.Monero(XMR): Current Rate: $116.92
Exp Rate at End of 2017:$350
3.Ripple(XRP) : Current Rate: $0.208683
Exp Rate at End of 2017:~$1
4.STEEM(STEEM) : Current Rate: $1.39
Exp Rate at End of 2017:$10
5.NEO(NEO): Current Rate: $24.23
Exp Rate at End of 2017:$70
6:BitShares(BTS): Current Rate: $0.113508
Exp Rate at End of 2017:~$0.6
7.Basic Attention token: Current Rate: $0.205816
(BAT) Exp Rate at End of 2017:~$0.8
8.Litecoin(LTC): Current Rate: $66.67
Exp Rate at End of 2017: $120
9.OmniseGo(OMG) : Current Rate: $11.38
Exp Rate at End of 2017: $30
10.Tether(USDT) : Current Rate: $1.04
Exp Rate at End of 2017:~$9
Start investing in cryptocurrencies before its late...<<<<<<<
please suggest any do’s or don’ts.
Your ideas and criticism are always welcomed);
Thank you.