These are my top picks for cryptocurrencies to invest in right now!
Digibyte:
Highly undervalued altcoin. It will soon partner Minecraft which will surely increase the price. It is also 5x more secure than bitcoin due to its use of 5 different hashing algorithms as opposed to one. Transaction speeds are also a lot faster. I expect Digibyte to reach $0.1-$0.2 by the end of the year.
Steem:
The Steemit platform has great potential. This new-generation blockchain based social media platform rewards content creators and audiences by paying them. Reddit type layout combined with monetary incentives is sure to become successful, driving up the price of Steemit's coin, Steem.
XRP/Ripple:
Ripple is the technology enabling banks to perform worldwide transaction in a fraction of the time and cost using blockchain technology. XRP is the cryptocurrency behind this platform. Everytime a new bank adopts Ripple, XRP experiences an increase in price. I personally bought €200 worth of XRP in March and received 35000XRP which was worth around €14K last week. This is a 70x increase in a matter of weeks. I still believe this platform has great potential as more and more banks are starting to adopt it. This will increase the value of XRP in the long term. Another thing about Ripple is the fact that it is the only centralised crypto.
The key to large gains with cryptocurrencies is to keep them for long term. Try not to look at day to day or even week to week fluctuations but focus on keeping them and perhaps selling them long into the future.
Hope you guys get great profits!
Please share your own opinions/views and tell me which coins you're personally investing in!
I just can't disagree with you. I bought 35000 digibyte @ 0.00000385 and it already at 0.00000800 now. I've noticed even when it goes down to -30 % am still on the profit level. So I've just added an additional 17000, and immediately after this post I will get an additional 50000 since the price is about -20% now.
I've not traded steem so I can't talk about but will definitely buy some.
I sold about 7030 ripple at the rate of 0.00004000 and next day it reached 0.00014000 two days later it reached 0.00023000. I will definitely buy some too as I've sold all I got.
Thank for the post
Congratulations @tristanthieme! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPIf you want to support the SteemitBoard project, your upvote for this notification is welcome!
Solid blog. I was about to post a similair post. Buy and hold for the upcoming 2 to 5 years and the market will find it's way. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). Do you know this interesting site? https://www.coincheckup.com The site that lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto.
Congratulations @tristanthieme! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!