In my first post, I gave my top 3 sectors for the crypto space in 2018. My top pick is privacy coins. Why? Well, a lot of it has to do with the influx in institutional money. Hedge funds, IRAs, but most importantly government regulation. Governments want to tax the hell out of you. In the U.S. They think they can get away with making every trade, a taxable event.
With this insane prospect, a lot of people are going to go private. Untraceable transactions. The U.S. government doesn't call Crypto CURRENCY a currency. They call it property, or intangible assets. I don't know about you, but I cant buy a loaf of bread with my house at one place, and then buy a soda at another place with my house. I can use my coins though.
With the attempts of the government to tax you so much it makes investing almost pointless. Consider this an attempt to keep the rich people rich, and the middle class stuck, dependent on corporations. Crypto is a way to even the score. Allow us to build wealth from a different, non-traditional avenue.
With that being said, There are a lot of privacy coins to invest in. Some are fairly expensive like Zcash. It will appreciate in value, but what if you want a chance to make a big gain?
My top choice is a little known coin called Shield. XSH. Currently, it is on small exchanges like "stocks.exchange" It hasn't stopped it from becoming a 55 million dollar market cap coin. Its current price is right around 10 cents. Before the market corrected last week, it had appreciated to 37 cents. It then briefly dropped to just under 5 cents a coin. It has recovered and is in the 10-15 cent range. This is an extremely cheap coin.
It does have some nice things coming down for 2018 that I believe could catapult this coin above $2 by the end of the year. Make this coin a long term investment. I does provide a good trade candidate if you wish to make some moves on the market.
There is another couple of coins that are in the "shitcoin" category, but could really come out to surprise and make a lot of money for you.
There are 3 to be exact.
- XSTC. SafeTradeCoin
- LINDA . LindaCoin
- LIFE. LifeCoin
Currently, these coins trade under 100 sats. XSTC recently had a 7000% prive movement. From 5 sats to over 450 sats. It has since been destroyed with the market crash. Its current price is in between 60-70 sats.
LINDA has had a nice run recently as well. It was at 13 sats before jumping up and touching 100 sats. It is currently at 40. It has been a good coin to trade as well, with a range in the 40-60 sat range.
LIFE has been an interesting trade as well. At around 15 sats, it jumped to the 40 range. Currently, it is back in the 15-20 sat range. This coin has been a lower volume coin and is more difficult to unload at once.
Now, any one of these coins can explode all at once. All three of them have things coming that could cause a price boost. Getting listed on a new exchange can cause a nice jump in price. 300% moves arent out of the question in these three. If you have extra cash laying around and are willing to take a chance, these three could provide with some great gains.
Instead of choosing one coin, it is always best to diversify. I never recommend going all in on one coin. Buying a couple hundred thousand units of each of these coins could build a nice nest egg, Take these with a grain of salt. Anything can happen. They could go to 0. They could also go to 10 cents or more. If thats the case, look out!
Think of these coins right now as if you had seen Tron (TRX) when it was at .0024, before it blew up.