Well hello there!
thought I would post my first post here about something im passionate about and spend a lot of my time reading and studying and buying crypto currency
Hope you guys enjoy the read!
Sooooo Besides BITCOIN and ETHEREUM there are plenty of ways to be involved in the investing world of crypto currencies. $100 billion in combined market capitalization was the latest achievement in the crypto world. While BTC currently sits at $2,793.96 (at the writing of this article) and ETH at $260.20 and raising fast, I have my eyes set on upcoming projects that are taking the crypto world by storm. While I Do advise investors to get in on some bitcoins and some ether for a long-term holds, I am focused on upcoming projects and companies that are aimed at shifting the way we operate today as we know it.
Before I start my list I also would like people to understand the process. To be able to invest in ALT currencies such as the list below the process I use is:
- Make a Coin base account (by using my referral link you will receive free $$ worth of bitcoin for just signing up and depositing) https://www.coinbase.com/join/58ee40fdfededc400c3bfdab
- Purchase BITCOIN
- Transfer to a trading site such as Poloniex, Bittrex, Kraken. ( I prefer Poloniex or Bittrex)
- Use your BTC to buy said currency
So lets take a look at my top 5 medium to long-term holds:
5.UBQ
($2.10)
We all know ETH. If you don’t then I suggest you read up on it. It seems that anything ETH touches turns to gold. Well let me introduce you to UBQ. UBQ is a forked project that is built upon an improved ETHEREUM codebase. Straight from the teams site: UBIQ is a decentralized platform which allows the creation and implementation of smart contracts and decentralized applications. Built upon an improved Ethereum codebase, the Ubiq blockchain acts as a large globally distributed ledger and supercomputer, allowing developers to create decentralized and automated solutions to thousands of tasks which today are carried out by third party intermediaries.
4.RIPPLE
($0.29)
According to is Open Coin, the company behind ripple, the currency addresses the need to keep money flowing freely. Aimed at the banks transactional process, The goal of Ripple is to build on the decentralized digital currency approach set by bitcoin and do “for money what the internet did for all other forms of information.” In other words RIPPLE AKA XRP is attempting to become the world’s ledger and transaction processor between banks and is on their way to being pretty successful. BUT we all know banks take forever to do anything so I expect this process to take its time and we see a slow but steady raise of RIPPLES true value
3.Verge
($0.0052)
VERGE is a coin that is a more secure/anonymous/evolving cryptocurrency that FOCUSES on BEING private and untraceable. As the market shows there is a need for this type of currency and even though a few exist and have done outstandingly well Monroe, BTC Dark, ETC. I believe this coin trades outstandingly fast and might be the fastest privacy coin out there. I suspect that this coin will find its value over time as the people that feel the need to use privacy coins will see the benefits of using this coin over other privacy coins.
2.SIA coin
($0.015)
We have reached number two! This is, for me, Tied at number one only falling to the number two spot because the online wallets in the past week for poloniex.com have be in “maintenance” hindering the withdrawel process for a bit. I suspect that it will be fixed relatively soon and it shouldn’t be an issue.
SiaCoin is a Decentralized data cloud storage solution. Sia stores tiny pieces of your files on dozens of nodes across the globe and focuses on storing all your files and and data on a decentralized network all over the world. The best way I can explain it, in lamest terms, is imagine a piece of paper and you rip the piece of paper into a millions of pieces and scatter them separately all over the world and whenever needed can be recalled at any time as if you had it right there on your hard drive the entire time. Also you would only pay around 5$ for this service. Sounds like a no brainier right? The current existing storage clouds are NON-decentralized data storage and are kept and controlled by a specific company. You probably have heard of a few AMAZON DRIVE, MICROSOFT ONE DRIVE, ETC. These services all charge a pretty good number for you to store your data. As sia also charges, you’re looking at 1/4th the price even up to 1/8th the price and not a single person able to read any of your files as they are completely shredded down into small amounts of info and spread out many times over. Sounds to me like companies will go with SIA as their choice to storage solutions. Cheap amazing tech backed by an outstanding team who continues to make strides this, for me is going to the moon and wouldn’t be surprised to see over $1.25 in a year or two.
1.Steem
($2.14)
Here we are the best of the best!
Steemit a social media site that is built off A block chain technology. This site focuses on creating an environment where readers and publishers who interact with the site get paid to leave comments, likes, and publish articles. So imagine all the time social media in your life gets, now imagine that if all that time you spent on it you were also getting paid. That is the bread and butter of STEEMIT. Get paid to be interactive in almost everything you do. I feel like with this idea and the way this company has gone about launching and getting it out there the sky is the limit. The idea and the solid foundation and the way the Steem currency gets used to pay normal people to do what they like to do already this is a no brainer!
Well there you have it. My top five currencies for the next year or so. I do advise everyone to invest with only what you can afford to lose and be happy with your buys as any other way is a way of troubles! You should be having fun with this and setting yourself up for the stars.
Thanks for reading and I wish you luck and hope this helps!
Don't forget to help me get started here and drop me a UPVOTE and what not
Thanks