Want to play safe? Invest in these 4 coins
Well, Bitcoin needs no introduction, do they? They are simply the most reliable blockchain. Bitcoin can be called as the father of all altcoins. Currently, Bitcoin holds #1 position according to the crypto market cap.
Bitcoin is an asset/cryptocurrency whose price keeps going up and down. So, it is highly volatile. But when compared to any alt coins, you will find BTC to be more stable (except Ripple).
Ethereum was founded by Vitalik. It is a blockchain protocol which has their own currency, Ether. It has considered as the world computer. They are more like a technology based on which other cryptos/apps are built. Look at the market size. It currently ranks #2 when it comes to market cap size. Ethereum is fast. Transaction time is very less compared to Bitcoins, sometimes less than 2 minutes. It supports smart contracts.
Litecoin is faster and cheaper form of Bitcoin.
Litecoin has been in the market for a very long time. They have a good community with a lot of developers. Compared to Bitcoin, the transaction cost is very less. And again, it is faster than Bitcoin.
I will give you one more reason why you should invest in Litecoin. When the market crashed in 2017 June, Litecoin was one of those coins that did not dip.
Many of you might not agree with me here. You may say that NEO is an over hyped coin with no strong technology. Well, they actually did a branding and good PR in Japan and China. And kudos to them. 10th August was actually a historical date, which changed everything for NEO. They rebranded themselves from Antshares to NEO. And since then, it really boomed.
Today (4th September), it saw a big dip and the price fell down to below 19USD. However, when the technology is good, you need not worry about any crashes.
Update - Currently, NEO is trading at 30 USD
4 coins that can be multibaggers
0x is zero exchange based on the Ethereum platform. They want to reduce the fee. They have a strong team of developers and advisors. Currently, to shift from one coin to another, you need to pay a hefty commission. Also, it takes a lot of time. Ox plans to reduce down the cost as well as the time. They have a great team. One of their advisors is a co-founder of Coinbase. If I were to conclude in one line, I would say Ox will be the future of crypto exchanges.
It will be a decentralized marketplace where the middleman gets eliminated. They have launched Ethlane.com and Namebazaar. Do you want to know what is the best part? It is still not in Poloniex or Bittrex. They are trying to create a district for every industry. From ATH, the price has come down considerably. Once it starts going up, you may add some coins.
Civic is a verification platform. They already have an app and the information you put on there. It is on the Ethereum blockchain currently. They have a plan to shift it to Bitcoin platform. The best thing about CICI is even if the app gets hacked, since all the information is encrypted, no he/she will not be able to get any information.
CIVIC makes banking KYC process fast and less expensive. It can cut down the costs by 80 percent and it also saves time by 99 percent. CVC could also be used for verifying government passports.
Now, let me tell you something about the team and advisors. Vinny Lingham is the CEO of Civic. He is a serial entrepreneur and knows his stuff really well. CVC is the only coin where they already had the product launched before going with the ICO.Who are the advisors? Jezz Garzhik, CEO of Blog< Juan Benet and other highly experienced guys.
Who are the advisors? Jezz Garzhik, Juan Benet and other highly experienced guys.
They are very active in social communities. They will have some releases in Q1 2018 and this is when the price may bloom.
Komado is a block chain. They have been silent for a very long time. And they are going to come with recent updates this Friday. The coin has been going up from the last few days and may keep increasing. They are launching something big on 8th September. May be they are rebranding themselves.
3 Coins that are technologically Strong
To understand the importance of OMG, let us know something about Omise. Omise is a company that operates in South East Asia and helps transaction happen from one one country to another with ease. Now, with Omise-Go, they are trying to combine banking and finance with the blockchain. They will be launching their own API and blockchain. They will also be launching their own wallet. Once it gets launched, you will earn for every transaction that happens in the network. They also have an excellent team and are backed by the Ethereum founder, Vitalik.
TenX is a debit card for cryptocurrency holders. With the use of TenX cards, users will be able to pay in cryptocurrencies. They support a list of coins including Bitcoins, Ethereum Litecoin etc. Currently, it is priced at 3.5 USD. They will be distributing the cards to the users from September. Once it comes to the US market, TenX can just be the next VISA.
IOTA is an Internet of Things based coin. So, what is IOTA? It is actually 3rd generation crypto currency. Zero fees for any transaction. Plus, light speed transaction. IOTA is the future. But, for it to be a success, people need to start adopting IoT, which might take some years.
IOTA does not use Blockchain. They use Tangle technology. Ripple has a transaction fee, though very less. Whereas, with IoTA, you do not need to pay any. It is completely free.
Now is IOTA and MIOTA different?
There are a lot of IOT coins in the circulating system. Hence, it is listed as MIOTA - Million IoTA. Exchanges are listing IOTA as MIOTA. So, when you think you are buying IOTA, you are buying MIOTA.
3 Upcoming Coins you need to keep your Eyes on
Update: Well, with the recent news of China banning ICOs, it may not be that profitable. Let's keep a close watch and see how things go from here.
Note - We will be adding about more coins in next 3 days. .. To be continued.