What Will Be the Hottest Sector in the Crypto Markets Next Year?
Here is a list of the different sectors of the Cryptocurrency markets and the approximate market caps.
Today We Are Going to Focus on Lending.
Currently the lending market in Crypto is miniscule compared to the overall market. Sitting at just .10% of the market or 1/2 $Billion. What is about to happen in the Crypto space could possibly launch the lending sector of Crypto to the moon.
SALT Lending
SALT lets you leverage your blockchain assets to secure cash loans. We make it easy to get money without having to sell your favorite investment.
When I first heard about SALT it was in my Crypto Trading group where Shawn Owen the CEO of SALT is a member. He offered everyone in our group to join the ICO very early on. At the time I was not participating in ICO's so I passed on the offer. A few months later and I was in full FOMO mode. Why did I pass on this huge opportunity? So I went out and bought a large chunk of SALT at full retail price.
Once I understood the concept of SALT I saw why it would be such an exciting long term play for my Cryptocurrency holdings. Then a few weeks back I was privileged to spend some time with Shawn Owen at the Latin American Bitcoin Conference in Bogota, Colombia.
That time with Shawn really opened my eyes to the future of Lending in the Cryptocurrency space. He also mentioned that the platform will be ready to launch very soon. This Tweet from Salt Lending says in December.
EthLend
Fully decentralized peer to peer lending on the Ethereum Blockchain.
Now due to my massive FOMO from missing out on making huge profits on SALT I began to look for another project in the Cryptocurrency lending space. I stumbled upon EthLend. I really can't recall how I found them but I literally found them the day their Pre-ICO began. I was not going to miss out on this type of opportunity again! I bought my ETHLend at $.01 each and I am not selling. I am HODLing my LEND.
While we were attending SteemFest in Portugal we met Jordan Lazaro Gustave (Head of Management) for ETHLend. I recognized him from the website and said, "hey ETHLend guy!" Jordan told me what the project was doing and how they were attending conferences across Europe spreading the good news of ETHLend. The project ended up selling out their ICO.
Jordan Lazaro Gustave and Martin Wichman of ETHLend at SteemFest 2017.
Why Do I Believe Lending Will Explode in Value in 2018?
So many people I know are sitting on large amounts of CryptoCurrency. The value of their HODLings has exponentially grown in 2017. Now they want to do something with their profits but they do not want to sell their Crypto. Anyone who is serious about Crypto knows how difficult it is to sell.
How HODLers React When They Need to Sell Some Crypto.
Now we have lending programs like SALT and ETHLend where we can deposit some of our Crypto without selling. This will enable the community the ability to access funds in the traditional financial markets for such things as houses, cars, crypto mining equipment, capital for business expenses etc. This is huge! I know how much I hated having to sell my Bitcoin and other CryptoCurrencies, over the last few years, to pay expenses.
SALT Chart as of December 26, 2017.
At the time of this chart SALT was trading at $10.68 or 0.00066500 BTC.
ETHLend Chart as of December 26, 2017.
At the time of this chart ETHLend was trading at $0.079459 or 0.00000504 BTC
What I am Doing.
On December 11th I wrote my article, "6 Lesser Known Crypto Coins and Tokens That Could Be Big Gainers in 2018." where I first wrote about Ethlend. At the time is was priced around $.03 it has more than doubled since then. SALT on the other hand has been on a consistent uptrend since mid November.
Prepare for a huge 2018 for these tokens! This is not financial advice but my personal trades.
Very interesting! I have not check in to the lending crypto idea much but i will research it more now.
Thanks for info @hilarski ....salt and ethlend could be a good choice of 2018...
@hilarski I bought lend also around 1cent ,I canr wait till lend will explode ✔✔😉 thanks for the post 🙂
lol I am totally like Danny DeVito
@hilarski ! Whoa man, what a blast from the past! Glad to see your posts again (I've only been away from Steemit for a couple of months, but time flies in crypto land).
You're actually making a great point with the lending platforms, however I just invested all of my liquid crypto, including all of my Bitcoin to other altcoins, which I plan to hodl for the long run, therefore I won't be investing in the actual tokens.
However I might be using them, since I'm so keen on not selling any of my positions right now, and having absolutely nothing to spare, I might just lend out some of my coins, to get access to some liquid funds fast.
Thanks a lot for this post, and for your support! (Yes, I do remember the time I was on your SteemVoter list, I really appreciated that man!) Keep it up!
Welcome back! I have really toned down SteemVoter since HF 19. It really messed up my game.
Thanks! Glad to be back. I'm very focused and a lot more experienced now in the crypto world. The time I was away I really learned a lot, had a lot of time to think about a few strategies, and I'm more confident than ever, especially going into 2018.
I've gained skills on technical analysis that I want to start both refining and using - practice makes perfect. I am thinking of doing a beginner series into candle stick patterns and then start doing some technical analysis for different coins.
Anyway, I always write essays in my comments. I have no problem with SteemVoter myself, other than people don't get to see the post just upvote blindly. But I do use up all of my slots in there, and it proved to gain me some nice curation rewards while I was gone :)
I am going to look further into Salt. I keep seeing it pop up. Thanks for the additional info.
Good idea ; )
Completely agree on this one @hilarski. Especially STEEM holders, aside from the appreciation of Value, Just keeping STEEM in STEEM Power gives us SP on top of SBDs that authors earn. Why sell?
Bought my SALT at $2.50 :)
Smarter than me!
got my PPT at $3 too, But I did trade my Dash for neo at 1:10 :( hoping that'll flip eventually
Great entry point!
very nice post, we can use your daily publications on this subject, to be certain to make the right decision.....@hilarski.
Well, I sure appreciate the heads up on those coins, but I would really need to some of my own research on them before making any moves.
I guess the part that would scare me the most, as either a borrower or lender, would be the potential enormous volatility of the underlying crypto used as collateral. Would a huge spike down trigger some kind of sell, kind of like a margin call on a security?
OMG you really opened my eyes dear @hilarski. I really appreciate your approach that you are sharing the real picture towards community. Otherwise most of the people don't bother it, they hide such news. I have invested in some coins and definitely I will HODL them till my target achieve. I heard about salt coin but never tried to invest in it. But honestly speaking this coin is now out of range for me. You mentioned another coin ETHLend This is till in range and I must invest in it. Thanks for your positive thoughts towards community. Keep it up and Stay Blessed!
I just followed you cause your posts seems to be informative post you can find similar crypto news on my steemit that might be productive for you too...
@reewy
Oh yes, I will definitely use your information! There are new coins, there will be new markets! Thank you @hilarski
ALT and ETHLand would be greatest cryptocurrency module as you told from this post. Awesome options. Waiting to more profit. I'll check it out.
ETHLend Alpha 0.2 Reaches over 100 ETH Lending Volume in a Week
@hilarski,
I heard about SALT, but never joined due to lack of confidence! Now it's time, coz you recommend them! Let's build the future with your great followings! Thank you very much for giving us this amazing opportunity by sharing this wonderful news!
Cheers~
@hilarski - Sir, with your guidance everything is possible in this crypto world... Nice you decided to share those projects & Hottest Sector in the Crypto Markets Next Year guidance... I will print it & keep it infront of my computer Sir... Thank you Sir...
+W+
Thank you for the info @hilarski I will be looking into both of these for the new year. What are your thoughts on electroneum and Binance?
Good and helpful information ,,thanks for the sectors list. ...really helpful post.@resteem
Congratulations @hilarski
Now you are in the MinnowsPower Loyalty Member List...!!!
Exceptional article about explode projects of crypto world in 2018. Nice photography with nice smile...!!!
50% Upvoted by @MinnowsPower
charts says good to buy, nice information & very useful thing for us. impressive post @hilarski
@resteemia
resteemed & upvoted & commented & followed
Now my main work will be hodl this 2 currencies as much as possible..! Thanks for introducing Lending Tokens with us!
Hello @hilarski,
Extraordinary good information, this graph is a very useful thing for all cryto players. Incredible sharing & thank you for the assistant.
~@mywhale
I'm new to the crypto world. (we have had this discussion before). I started following SALT about a week ago and like it. I've never heard of ETHL but will take a look at it.
Thanks for the information.
MUE has also doubled its value, from $ 0.17 to $ 0.38 (yesterday $ 0.50), DBET continues to grow.
If anyone bought that list from two weeks ago they have done very well. I know we have. ; )
I invested in salt 🙂 and waiting for that “sugar”. I never heard of ETHland before.
you have perfectly warmed my interest in these assets, I will consider them as a tool for investment in the coming year ... I especially liked SALT, this is really the future of lending in the Cryptocurrency space.
Thank you for sharing valuable information, I wish you big profits in 2018
Thanks for the information. this is great post
100% like and resteem
Two big projects & you joined both of them. Pretty Awesome. 2018 is a bright with them. Valuable blogging & useful crypto update.
~Followed & Upvoted
Thank you for information. Frankly saying I would have never touched this sector if it wasn't for your blog.
So you say they will explode? How about the team behind it?
I'll check it out!
The teams on their websites but I mentioned Shawn the CEO of SALT and the two gentlemen for ETHLend.
Yeah, probably on their web pages. Have you heard about ICON token?
People say it can explode into new Eth but from Korea.
Check it out, I'm curious about your opinion.
I think I'll take a look at these two. I like to stay diversified in my crypto and I don't have anything related to these yet.
Instant transfer & zero transfer fee (#Nexty) - Do you believe it ? This means that when dealing with NTY you will not lose time (instantaneous transactions)
and no charge (this is the time pass bitcoin or eth will understand it uncomfortable and tired how tired). #blockchain #eth
I love to see you talking about salt because i bought 200 at the price of $2,92 yeah!, i mean you have a good eye for coins. Regards
Congratulations, you are up nicely!
Thanks @hilarski :). Now i have to learn more about ETHlend
Thank you for sharing with us, all your predictions are the same. Let's wait 2018
I really believe that most of the cryptos will have a great increase the next year! Who knows, we have already seen unbelievable changes at the end of this year :)
Wow,,, @hilarski greatest update of SALT tokens and ETHLand currency.
Superb once. I like to study more.
2 Crypto Lending Tokens That Could Explode to the Upside in 2018.
By this topic, before 2018 begins you started make us profitable. Excellent information & thank you~
i like salt , it have a big proyect
It was great information @hilarski. We need to know this to prepare everything in the future 👍🙂
salt and ethlend might be an excellent choice of 2018..Thank you @hilarski for blog . this is my 1st comment in steemit
Congratulations, followed.
tnq you dear bro ,upvoted and resteem too
THANKS FOR SHARING
Comparitive table interests me, very informative and descriptive
Thank you so much for this very useful information Sir @hilarski, to be honest this is very helpful for us especially me in determining which assets are well and had a good progress in the year 2018. Honestly believe strongly with your analysis techniques in the world of this cryptocurrency, because I never tried anything that you suggest, and it worked fine. It seems I am preparing for a digital currency 2 is Salt and Ethlend. A very useful post Sir.
Very interesting article.. thanks @hilarski..
Thank you @hilarski for sharing valuable info. with us. I would like to do more research before investing but your info. is of great help. I think IOTA and Riple too would be great option. ☺💚
it all about information pf salt and ethlend, i think it better choice for upcoming year, thanks for the information.
Hello sir I am raihan hkn n your post very inpton post thank you for sharing 👍👏
😂😂😂😂😂
Both once greatest crypto modules. Tks for the tips @hilarski.
Any concern these will run into regulatory issues? Lending is a pretty heavily regulated space.
https://steemit.com/screen/@cutminajn/full-protection-of-tempered-glass-screen-protector-samples-2d5383594ebf7 follow me and vote me..
Saya sangat menyukai pos anda... # @hilarski