๐ Every week, I decided to update the different cryptocurrencies I own and would like to ask you which one do you believe in the most in your respective wallet. ๐
This is the 18th weekly: "What cryptos do You own?"
- As I work in finance, Stock Markets polls are very useful for fund managers to understand what investors own because they currently like it and what they do not.
- Usually, in the Stock Market, it is not very good to own a stock that everybody owns; it means that most investors bought it already and therefore, future demand will be low.
- Whereas understanding which one are under owned is very useful in case a positive news is released on the stock. Since a few investors own it, they will rush to buy some and the price will increase significantly.
My current portfolio and reasons why I own these cryptos:
I still have leveraged position on EOS that I try to gather.
Cryptocurrencies that I used to own
- Steem: If you read this, you know why. I am still mad that I did not buy more at <1$
- Eosio (EOS): I believe in Dan Larimer; he already developped 2 great projects (Steem and Bitshares) and as the Co-founder of Steemit on @SGTReport said about Dan larimer and its EOS ICO: โThe people who say that there is no product yet, Dan has built 2 of them if they think heโs not gonna build the 3rd one, theyโre crazy. This is the one he always wanted. The other 2 were just helping him get thereโ. EOS is showing some nice upward trend recently. I can see some โWhalesโ are stacking them.
- Ethereum (ETH): In my opinion, it has been the most exciting project in cryptos so far. This project has been copied or inspire many other hot cryptos (NEO, EOS...). Devon3 gathering brought a lot of visibility on Ethereum's next improvements especially on the scalability issue.
- Siacoin (SC): Siacoin is a solution that allow companies to use storage in a decentralize on Siacoin network. โMinersโ are renting their storage capacity. It is 5-10x less expensive than with traditional companies as Amazon Web Services, Google, etcโฆ
- STORJ: Same business plan as Siacoin, smaller Market Capitalisation and recently the company announced that it โfrozeโ some of its tokens as they will not need it in the next 6months+ to finance the development of the platform. This is a good sign as it tells us the team is feeling confident to have โall it needsโ to deliver what the market expects.
- Golem (GNT): It is a cryptocurrency allowing you to use the calculating power of the computers connected to its blockchain network. This is useful for companies looking to rent some calculating power for a project, etcโฆ
Cryptocurrencies that I used to own
- Mysterium (MYST): * The company is developing a Blockchain VPN. As China is trying to implement its Great Internet Wall before 2018, this would block VPN based technology. This project could offer a solution to Chinese and even other people to have more privacy while browsing through the internet
- Basic Attention Token (BAT): It radically improves the efficiency of digital advertising by creating a BAT coin that can be exchanged between publishers, advertisers, and users.
- Augur (REP): I just like the prediction market project. They have a good team of developers and seem to work very hard on this project. And last but not least but they keep you updated on a weekly basis and were at Devcon3 recently.
- Ripple (XRP): Signed most of the TOP50 banks and is runned very professionally. It is working with Chinese partners on many projects.
- Stratis (STRAT): Stratis offers full service capabilities for the development, deployment and management of blockchain applications and solutions utilizing C#.Stratis tries to make it easier for companies, organisations or other entities to develop a blockchain app.
- Ethereum Classic (ETC): I think it is undervalued, dapps and other projects are using it as the Ethereum network is getting crowded.
My Portfolio on January, 17th
I am long Altcoins and still not interested by BTC
Bitcoin was the first Crypto, butโฆ I always preferred Altcoins (EOS, SC, GLM, XRP, REPโฆ).
Finally, What crypto should I look into at the moment?
And you, What do YOU own?
Please remember this is my personal opinion and not a financial/investment advice. You need to do your own research to make your own decision. Investing in cryptocurrencies can lead to financial losses.
Source Image 1
You don't want to miss a Crypto news?
Follow me on Twitter and Facebook
I have just recently lost belief in ETC, I am sure it will get better, but NEO seems to be a better condenter for ETH at the moment in my eyes.
Dash and Neo are the main one I wouldn't leave from my portoflio that you haven't already got.
Also, no ADA ?
Why NEO is so special? Except the fact that it is allowed by Chinese Government?
I feel ADA it is fairly valued.
NEO is massive in Asia as a whole. They're pushing a whole bunch of new ICO's in 2018 and have a committed team and community. I highly suggest looking into it :)
Thank you for the information. I will
Thanks for these valuable informations @vlemon, I upvoted and following you my friend.
@racoo
Nice post @vlemon, may I ask how you purchase and store your coins? What wallets/exchanges do you recommend?
Ryan
Hello, I use a lot of them (Bitfinex for leverage, Bittrex and Binance for Altcoins and Kraken for withdrawing).
I would recommend Kraken to put money in and Binance/Bitfinex to trade.
Thanks, @vlemon :)
I'm curious why you don't have BTS if you have Steem and EOS? I'm BTS, EOS, Steem, Arisebank ICO all will be or are on the BTS blockchain.
I plan to buy some for sure but didn't have time and free $ to do so yet.
DENT is still looking like a great buy level. Since it is trading relative to ETH, it is down due to ETH's run up.
I wish EOS would have crashed more. I was able to buy a few at $7.50 but I would have rather taken them at $4. The development partner airdrops that are going to be happening will drive up prices once people catch wind of more of them.
how do you feel about bitcoin being banned in some countries?
I'm a huge EOS fan too... and of course, STEEM!
Zcash
amazing informative post..hope that everyone know about it and benefited from here..so thanks for sharing..keep it up
Hope the market re-corrects its self soon, so that people won't lose trust in the market...
My portfolio still has BTC as majority holding followed my steem. Neo. Etherium. Eos. Omisego and digibyte. Regards Nainaz.
#thealliance
Storj is an open source project that aims to offer a completely decentralized, secure, and efficient cloud storage service, that also serves as a peer-to-peer payment system like Bitcoin.