“Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.”
Keep that in mind as my framework for this answer.
I’ll do you one better than giving you a single token.
Why? Because I asked this question to so many people when I was starting out.
All. The. Time.
I am offering a strategy that I learned a couple of months ago. For Free. It has helped me a lot to answer this question.
Have you ever seen these ICOs / altcoins that just shoot up, and you’re then left reading about it with the option to buy only now (when it’s relatively expensive)? I have.
The way to be on the other side of the equation is to track the coin market caps early on! Here’s how you do that:
- Go to Cryptocurrency Market Capitalizations | CoinMarketCap
- Copy the top 100 coins / tokens into a spreadsheet, ordered by market cap (largest to smallest)
- The next day, open a new tab and copy in the top 100 for that day, ordered by market cap (largest to smallest)
- Put a # rank next to each coin / token and then subtract the new # rank the following day; if it’s a positive number, then take stock of what that coin / token is and see if that trend happens again. I’d recommend doing this with coins in the top half of the top 100 (50–100) so you catch them early
- For example, if I have a coin / token that’s #10 today and #2 tomorrow, then it’s score is +8
- Take a close look at those coins that have entered the top 75 and top 50 that weren’t previously in it
- If a coin enters the top 50 and quickly enters the top 45 or 40, then that is a good reason to investigate (read: potentially buy)
That is how I have found coins early…
All that said, here are a few “fish” in addition to the “fishing rod” I just outlined above (in no particular order):
IOTA
Neo
Monero
Stellar Lumens
Axpire
EOS
Ethos
Siacoin
There a most definitely more, but those are the ones I'm looking at.
Disclosure: I am long IOTA (available on exchanges) and Axpire (private pre-sale right now, info@axpire.io)…I’m learning more about the rest to get to my personal threshold for investment. This is not financial or investment advice!!!