Warning, viewer discretion is advised. Here are my Top 5 hottest cryptocurrency coins to invest in today. This list is not pulled out of my ass, nor is it me trying to get you on board with the coins I purchased so that you purchase them as well, increasing my own holdings. Heck, I prefer that you don't buy them so that I can buy more at a cheap price. Anyways, the list takes into consideration multiple factors, so don't get upset that I didn't list a potential gold mine. When assessing a coin, there are so many factors that go into the decision process that I am constantly trying to triage what is important within my own head. So in order for my list to make sense to you, let me explain what I look for in a coin first.
- Impact/Usefulness for Society: This is the first factor I take into consideration when I choose a coin. Is the coin offering something that is needed in today's world, whether it be an immediate solution to an issue or a technology advancement that will boost our society to the next level.
- Price: I like to look at statistics (reading trend lines, coin price vs. overall market cap, inflation, etc.). I like to pick up coins before they are the new hype and have become overbought. That being said, I don't like to risk investing in something that is underdeveloped or in something that may never be completed.
- News/Hype/Developers: The last factor takes into consideration a few different factors; is there any new information being released by the coin developers, is there a large community hyping up a coin for whatever reason, are the developers transparent, helpful and trustworthy?
So, here is my Top 5 list in no particular order:
- Stratis/NEO- I couldn't decide between the two, so I have both within my portfolio (and lots of it). As you know, NEO (once called AntShares) is destined to be the Chinese Ethereum. Heck, even if it doesn't live up to the hype, the chinese culture love using their own tech and will/have already implemented Crypto into their society much more so than my Western civilization. Stratis is also a solid platform that only has potential to keep rising. To me, it isn't anything special that hasn't been done already, but they may just surprise us. Both are strong coins that offer a safe investment for your already volatile portfolio.
- LBRY Credits- Library is going to be a better version of YouTube where people make much more money (similar to Steem), and can even sell their content. The platform will also be pretty malleable, giving viewers a lot of freedom to upvote, label video categories/tags, comment, share, buy, and much more. This is a concept that I see a need for in the future and it amazes me that, as simple as it is, it hasn't really been done. Especially on a Blockchain.
- Verge- For me, coins like Monero, PIVX, and a couple others, may be further along and have had a proven track record in terms of being an anonymous, fast and relaible coin. However, Verge is incredibly undervalued and will have a lot of money pumped into it very soon. Their team is pretty awesome and responsive as well which is why I have given them a chance. This coin just seems right for me to invest in at the moment, to diversify my portfolio, potentially make some great gains and support a team that may have something here or hidden up their sleeves.
- TenX- I got into this coin before the crash, at it's highest point, and I am not even disappointed because of how much potential it has. They already have a working product, the app looks pretty slick, and it is a novel idea. Still undervalued and a great time to buy. They have competition, buy usually the early bird gets the worm, and they certainly have a head start. Don't be surprised to see this go up by 500-1000% by mid-September.
- Basic Attention Token- A great price currently with a lot of room to grow. I personally have used the Brave browser and I am impressed, especially with the popup blocker pre-built into it. Is it buggy? Yes. Will other browsers be built and probably be more efficient? Probably. Is it the first browser built on a blockchain that will help the uneducated blockchain masses be exposed to using a blockchain (without realizing it)? YES!
Thanks for listening and feel free to comment, re-steem, or follow.
These look like excellent values right now, compared to their potential. Nice picks, thanks for the list. I might have to pick up some cheap verge at the very least.