As we’ve seen so far in 2017, the cryptocurrency phenomenon continues to shock the world as an astonishing number of ICO’s raise record breaking capital in a matter of days or even hours! ICO’s and cryptocurrencies are extremely attractive to investors because they offer massive returns on investment.
The top cryptocurrencies I have my eye on are:
Bitcoin – The eldest and most prestige of all coins. Currently trading at around 4000USD with a 2 year price forecast of 25,000.
Etheruem – The revolutionary smart contract technology that has changed the cryptocurrency landscape. Etheruem is the second largest crypto by market cap, currently trading at 290 USD with a 2 year price forecast of 3000 USD.
EOS – Also called ‘the Ethereum killer’ is a project that many experts are saying will offer what Etheruem offers and more. Currently trading at 1.66 USD with a 2-year price target of 3 USD.
Tezos – The first blockchain project to institute a self-governing characteristic. This will prevent the token from any forks in the future.
Bitquence – An investment App built on the ethereum blockchain. Bitquence have an amazing team and an even better idea. BQX is currently trading at 1.20 but has the potential to hit 10 – 15 USD per token in the next 12 to 24 months. 1000% ROI in 12 months for those investors willing to take the risk.
As we speak, ICO’s are offering the highest returns on investment and we believe everyone should be aware of all up coming projects. https://www.icoalert.com is a great website for keeping track of all ICOs.
Keeping Your Cryptos Safe! Hardware Wallets - A hardware wallet stores the user's private keys in a secure hardware device offline. To date there have been no verifiable incidents of Bitcoins stolen from hardware wallets. The three most popular and reliable hardware wallets in the market place:
- Ledger Nano S
- Trezor
- Keep Key
Buying Cryptos
New cryptocurrency wallets and exchanges are being established everyday. Deciding which one to use can be tricky. Generally, the following wallets and exchanges have the best rates and the best reputation in the marketplace: Top Three Crypto Wallets: Coinbase, Bitstamp and CEX.io
Top Three Crypto Exchanges: Poloniex, Bittrex & Kraken
It is very important that new investors understand the risks they are taking. Investors should undertake their own due diligence and research before investing in any crypto project. Due to the decentralized nature of most crypto projects, it would be practically impossible to sue a project if funds were lost or stolen!