The famed Hedge Fund Manager and Host of Mad Money Jim Cramer among many others believe that Long Term Investments are best when utilizing trends in the market that are likely to increase profits or value in the future. Blockchain is a disruptive force to many industries and while new to the general public, the future trends of crypto disruption due to current limitations are almost obvious. We are still very early on in the crypto revolution so while the recently short term volatility will leave some cringing at the potential loss of three stacks of high society, the steady players will allow the trends over the long term to play out to new market highs and "Flop The Nut Straight" while waiting in the end for Teddy KGB and Grama from the movie Rounders to say "Pay That Man His Money $$$"
Below are some trends that I believe will play out over the next few years allowing you to "Lay down a monster." Don't let the traders "Check, Check Check" then trick you into selling and feeling like a "Young man coming in for quickie. You'll feel so unsatisfied" These trends in my opinion should play out over time unless something breaks down the trend making the thesis invalid. While this is not financial advice, my experience during my former life of finance / investments at Morgan Stanley and Vested Capital Partners leads me to focus on 2-3 in each industry. In business, there is always room for choice and investment returns typically increase for those businesses that are succeeding chasing the #1 in their industry as there is more room to grow.
Disclosure: I own all those mentioned below in varying amounts due to my belief in the long term trends of Digital Payments, Decentralization, Privacy, Cross Border Payments / Remittances, and Platforms of the Blockchain. I have written other posts "3 Favorite Long Term Picks" on Stellar, Bitshares, NEO, and individual blogs about Binance, Safex and others, so my explanation of Digibyte will go further into detail but am a personal investor and believer in all mentioned.
Digital Payments - Blockchain (Potential $100 Trillion Mkt Cap)
The Current Money System appears to be finally changing from mail to email. Fast, Secure Payments Across the Globe at the click of a button.
Coins of Focus:
Bitcoin (This includes BTC, BCH etc.) - No explanation needed - The King
Litecoin - No explanation needed. The Silver To Bitcoins Gold
Digibyte - The next great blockchain?
I love all three, but my favorite investment pick is "Digibyte" It is slightly riskier, but more secure, more decentralized, cheaper and faster. Many people have said that blockchain technology is more important than Bitcoin itself. Digibyte has the best of both worlds as the longest running block, 15 second blocks, its own 5 algorithm blockchain and lightning fast transaction speeds at fractions of a penny. The upcoming release of its IOS App Wallet will help bring it to the masses on its 700 Million Iphones and other smart phones for personal and corporate adoption. As the trend grows, larger percentages of payments will be made and accepted by individuals and corporations so scalability is vital. Digibyte is capable of changing the game and It has the most upside at a current value of $350 Million down from a high of around $1.65 Billion. It has begun to receive some worldwide media exposure and could provide staggering returns if executed properly for personal or business micropayments. You do not have to be #1 to have the best investment returns.
Decentralization - Exchanges, Social Media etc.. Cybersecurity, Hacking and Privacy are major concerns. We have seen recently through Facebook, Google, Amazon that our information is no longer ours and through Equifax that it can be easily stolen. Our information should be private, secure and owned by us.
Exchanges: Bitshares, Binance (Largest exchange working on decentralization) & OX
(See my past blog posts on both Bitshares and Binance)
Social Media: Steem, Steem Dollars - Most Active Blockchain, Great contender to FB, YouTube etc..
Privacy Coins: Monero (Few others like Verge, ZCash to consider)
***Wildcard
Market Place: Safex (At the moment this is risky and completely speculative like most brilliant long term projects without a working platform available to the public, but has massive potential. The concept is a homerun if anything is remotely executed by Dan Dabek and his team. This could be the Field of Dreams of Crypto.. If you build it, he will come. See my past blog post on Safex)
Cross Border Payments - Remittances
Sending Money Across Borders Typically incurs major percentage fees, Exchange Rates in countries are different, Paying international employees, vendors can be very difficult. No Longer.
Coins of Focus:
Stellar Lumens, Omisego
Platforms - ICO's, Smart Contracts, DAPPS
Coins of Focus: NEO, EOS (Great Tech like all Dan & Stan Larimer Projects. Scalable for Corporate Enterprise!!), Ethereum
Overall, the trends of Digital Payments, Decentralization, Privacy, Cross Border Payments and Platforms for the new economy will likely allow you to "splash the pot whenever you feel like." While the majority of the over 1500 crypto's will eventually fail, many of the names above are creating great communities with strong brand recognition and are well positioned for the future. We are still very early, but we should see more and continual adoption take place over time leading to higher values, so while there are many great short term opportunities in other projects, the trends and solutions to real world problems make these investment ideas ideal for the long term so you can sit there thinking "You satisfied now, I can go on busting you up all night."
See you on the moon!
CryptoLegend
Follow me on twitter @LegendCrypto
*This is not financial advice and is for entertainment purpose only. As always, do your own research when it comes to investments.
Visit my other blog posts for more details on specific projects mentioned.
Nice article. On board with most of your suggested coins. I'll go look again at Digibytes based on your commentary
I'm staying away from Bitshares. Something is "off" with Stan. Seems too much like a huckster for my liking.
I like your calls on NEO, Lumens, Omisego, LTC, Verge, Monero.
What are your thoughts on DASH and Lisk?
Just in time for my portfolio readjustment lol
Good Luck
Coins mentioned in post:
Thanks for the information, the reading is really digestible.
Especially for people like me, who are getting soaked with this kind of economy.
regards
Your welcome. Hope you enjoyed. Upvoting and following as we build the Steem Community.
Good post, hodling some of those. What's your view on theta?
Oh Bitshares, it was the first crypto I actually did a ton of research on and bought, I will hold forever but its frustrating seeing it so low. I hope when the market wakes up again it starts to move. (I bought it in December so that tells you how much I know!)
I agree with you about Bitshares. It's frustrating to see quality projects drop as much or more than projects that appear to be much less solid. Stellar is another one that's taken a hit recently. I'm looking forward to an upturn in the near future for projects that have real value. I also think the market would benefit from seeing sketchy project fail to drive the money toward quality.
You know a lot! Bitshares is an incredible project with amazing technology. As you know, the market trades more on charts and sentiment at the moment, but eventually the value will be realized when prices are tagged to something tangible. I bought NEO at $30, $35, $40, $50, $55 only to see it go from $58 all the way to $13.75. (A 76% retracement) Luckily I believed in the project that I kept adding at $15, $20, $25 and then saw it explode to $200. Bitshares just had the same thing happen going from under $.04 to $1. (25X!!) before retracing 80%. I believe in this next bull run upcoming we will see it blow past its previous $1 high as in my opinion, we are extremely undervalued based on technology not sentiment. I just like you, added in December, but was happy to grab a lot more at $.20 In the long term the theme of decentralization and exchanges seems to be a winner and the logical choice from an individual and enterprise solution perspective will be Bitshares. I had to wait 5 painful months for NEO to move, but when it did, it showed I was a genius but the timing was off. Stay patient and we will both be happy we did!
Happy to hear your enthusiasm, patience is rare in the crypto world, I need to keep practicing how to be patient :)
I'm sure the investors of BTS love your unfaltering loyalty; but, even they might encourage you to not personalize trading assets, and, instead keep your eyes on the numbers.
Best regards!
Peace.
Appreciate the comments. I have made some edits as I realized that if you have not read all of my blog posts being that I have written extensive detailed posts on Bitshares, Stellar Lumens, NEO, Binance, Safex and others that it could certainly come off over promoting Digibyte. Quite frankly if I wrote on each, the post could be hundreds of pages so I wrote a little more on Digi as its my favorite for potential upcoming returns at its current price and added the other picks with the trends. The main point of the article was to tie the trends and weave in the movie Rounders.
In regard to Bitshares, I am keeping with the numbers as technology wise the numbers prove that the tech will far surpass its competitors as the trend of decentralized exchanges kick in, especially for Corporate use. If you have used any of Dan and Stan's platforms like Steem, you know the tech is great. They certainly have things to work on in simplifying the platform for the average user, but sometimes you have to skate to where the puck will be and not go where it is. As the trend plays out, Bitshares will have an opportunity to handle what the others currently can not and that makes it potentially a very good investment for the future especially at $500 Million when a month or so ago it was 5X higher. People loved it at $1, I love it better at $.20-$.21. Only time will tell, but its easy to have unfaltering loyalty when the project is setting itself up for long term success. I didn't panic with NEO and felt the same way about it when it dropped from $58 to $13.75. Only 5 months later I was rewarded for that faith on my continued investment that then ran to $200. Those numbers looked pretty good as I believe if we check back months from now the same will be the case.
Again thanks for the input and have made some edits with those in mind for other who hopefully will enjoy the information and the entertainment value of the post!
Best Regards as well!
I mean we all talk about great tech. And Bishares like Steemit is great tech but a small market like the crypto market (Just the Apple stock has twice the market cap of the entire crypto market) doesnt look at great tech. It trades based on rumor and gossip. Well Bitcoin does, and others mostly follow. Short term, anything goes. 80% up down now will mean nothing in the long run imo.
If the tech finds real life implementation then we can talk about tech affecting price significantly.
Until then you either trust the project and hold or be a day trader and gamble based on gossip and rumors. I mean all these market caps are miniscule. Most projects will fail but those that suceed will see crazy numbers. Im already looking for my picks and moving SBD into BTS.
This is a great post!
I'm so glad there are a lot of people on Steemit that are long term thinkers like myself!
If you guys like practical lessons and updates on Bitcoin and Crypto follow my blog and DTube. I'm new here and my goal is to teach you everything I know about Cryptocurrencies.
I think this has a good long-term future
Awesome there are so many similarities between poker and crypto trading. Rounders is such a good film about time I watch it again
Great read - I am very much a newbie in this world and yet to hold any coins. From what I have seen it all seems very fast paced and everyone in for quick gains. I always looked at investments through a long term lens and interesting to hear that perspective from yourself.
I love Stellar and NEO, but privacy coins, yuck! I'd rather hide in my teepee 😸 sounds like an AML nightmare and a popular choice for criminals. Recommending privacy coins is possibly recommending money laundering. But what do I know, I'm just a cat. 😺
nice article thank you
love your picks, I also believe in long term growth of these projects. DGB and EOS in particular.
but will you put a move on Chan?
https://steemit.com/life/@harpooninvestor/are-you-pulling-a-move-on-chan
I like your presentation and analysis. Digibyte? It sounds extremely interesting. I will investigate it. Thanks for the info.
well, im down for d advice, ive been running at some major loss all year...
All year as in 2018? or even going back to 2017?
2018... 2017 wasn't quite bad.
excellent post.
look at my last post: https://steemit.com/litecoin/@earn.moneynow/how-to-claim-my-litecoin-cash-in-coinomi
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I have all hope are linked with Bitshares
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As with everything crypto; it's all about the numbers, really. I'm a bit disappointed that this seemingly turned into a post 'advertising' digibyte. Again, it's all about the numbers; and, by the looks of it, it too is an emphatic no, not likely.
If I'm correct, this guy Cramer was the one who cost people millions when he couldn't see the market crash coming a few years back.
Overall, interesting post.
Peace.
Somehow, in the ocean that is crypto, DGB is also one of my favorites for a small, cheap, and potentially very usable coin :) Apart from Digibyte, I also like the newer BTCZ for a small anonymous, cheap coin as well. May be worth looking into...
I think this has a decent long haul future
the extraordinary discoveries of this century
neo see you on the moon
nice post will you read my post its so small it will take just minute thanks
https://steemit.com/blockchain/@rayhanazad/electroneum-mining-is-alive
Nice article! Good job.
Guy what do you think about the upcoming IPO Universa?
hold and chill very nice
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Well written article, great insights. I like the comparisons.
Best of success to you!
Thanks FOr Sharing this awesome artical keep it up dear