The past couple of months have seen a surge in cryptocurrencies like Bitcoin and Ether and recent volatility has taken some money off the table for holders but not before some traders made a lot, we mean a lot of money but if you've missed the boat what other trading strategies are out there that you can take advantage of?
Decentralized search engine that rewards community members with Presearch Tokens for their usage, contribution to, and promotion of the platform.
presearch.io
When we talk about crypto currencies I think it's important for those who may not be as digitally or tech savvy you say "look, don't let the crypto thing get your head in the spin, it's really similar to traditional assets and you break it down into three classes fixed income, equity and alts". So bearing that in mind let's how you can take advantage of this space.
Well there's a recommendation in either one:
The fixed income portion is just lending and generally in the crypto space if it's lending against people who want to leverage or people want a short and the structure is the exact same way as it is in the fiat world.
The second leg, if you will have a standard portfolios equities which in this case really is standard cryptocurrencies and it's recommended there is a crypto currency by the name of game credit.
The third slightly more aggressive leg of any three-legged standard investments tool, whether it be in fiat world or in the in the crypto world, would be ICOs or initial coin offerings.
ICOs have been much in the news lately and for there we recommend an ICO that will end in about one month that we should honestly look at called Presearch. One complaint or reason we hear from investors that they don't invest in cryptocurrencies is the fear of volatility. Anyone who watches the price in Bitcoin knows it is a volatile trade.
Now certainly leverage exacerbates volatility but the first recommendation that is of lending fiat or some extent crypto into the market has no volatility at all. The rates are fixed, the investment is 100% secured, the counterparty risk is eliminated because all the assets are held on the exchange itself. So it's a remarkably good way to play in the crypto space and avoiding the volatility issue altogether.
What makes Presearch ICO attractive?
Presearch literally pays people to search. They have their search coin broken into tokens and literally to lure people away from Google. Searchers who need particularly pre search that is they need two layers of search for accurate results. Presearch eliminates that step so challenging Google on that front and it's raising money through an ICO so it's challenging standard Silicon Valley investment on another front.
It's refreshing how it tweaks to major players or sectors in a very creative way with a product that existed prior to ICO so it's a product that was not developed to take advantage of the ICO market, the ICO route is being used to bring a product that could challenge Google to the market thereby also challenging Silicon Valley.