Preface
As there is alot of hype going on right now in the crypto world surrounding speculation of a possible Bitcoin ETF on the horizon and how it could be a driver for the next crypto bull run, I wanted to talk about something important.
The strategy for making maximal returns during the next bull run, which I believe is on the horizon in the next 6-8 months towards Q4 2018 and Q1 2019. If you are like me and have a relatively small portfolio to start out with (which I would categorize as < $10,000) and if you also are willing to take risky bets for a high potential return then look no further and listen up!
You have to invest in microcap altcoins or as many refer to as "shitcoins". You can't look on the front page on CoinMarketCap and expect you to transform your $1,000 investment into a $1,000,000 investment because the top 100 coins will not 1000x, especially not in a short period of time. Allow me to elaborate. The last bull run in which we saw a massive runup in the overall crypto market capitalization happened in a timespan of about two months from late october to early january. In that time period we saw a massive amount of coins moon and even the top 200 coins did very well. But if you look at the coins beyond that, you would have seen coins which performed a 100x or more.
Strategies & Observations
It is very difficult for a coin with $1 Billion Market Cap to 20x or 50x. But you can expect a coin with a market cap of less than $50 Million to easily 20x or 50x. Luckily, every cryptocurrency in the market is trading at a discount right now. I believe micro caps will give you a 20x or 50x during the next bull run for a few reasons.
- The next bull run will be massive and the total crypto market cap will be in the trillions (BTC ETF, Institutional Money & Retail Adoption/Mainstream)
- During bull runs, cryptos, altcoins, and shitcoins tend to rise together (albeit maybe a little after the initial BTC runup)
Now, I have given a list of altcoins which I believe can do the 20x or 50x during the next crypto bull run down below. One last thing I'd like to point out is the coins I have given, I believe are not complete shitcoins at all, and have some great teams, a great vision and good marketing/frequent updates. They also range from Rank 274 to Rank 686 on CoinMarketCap as of this writing. I don't like to shill shitcoins nor pump&dumps and these coins are what I would call Altcoin Gems. You might be able to get away with investing in riskier coins past the 700 mark, but I believe, that is entering in blatant pump&dump territory and you will probably get burnt.
These coins that I am proposing are not too well established in the market yet but they do have varying levels of progress and momentum on their roadmaps, continually put out updates and have highly active discord/telegram chatrooms. They also have development on their Githubs and partnerships on the technical and business development side of things. Now obviously, cryptocurrencies themselves are risky and you have to be PREPARED TO LOSE YOUR ENTIRE INVESTMENT. Bitcoin is risky. These microcaps are even more speculative and riskier in comparison to the top 50 cryptos, but again, to the investors like me who may have small sums of money to put into the crypto market caps, I'd rather be willing to take the chance if I'm already risking my 1k. I'd rather I lose it for a chance to make 100k rather than lose it and make 10k. I feel much more comfortable with these coins again, because they are not blatant pump and dumps and actually have some great potential.
Again this is a short term strategy, as I believe after being a participant in the last bull run, the next bull run will also be quick, probably be over in two months time (less than 60 days). I think it will be a multi-trillion dollar market, but I honestly can't say if it will be able to sustain itself with some pullback or if it will collapse as fast as it rises as we witnessed in the last bull run. The only thing is that the nature of the bullrun might be different because there is institutional money coming into the space, so we may see less volatility thereafter but then again there will always be bears who scream "Bubble!".
As part of my long term strategy, I will:
- Take profit when these coins spike in valuation and siphon off to reinvest in other short-term plays, long-term hodls.
- Take some profit to put some in Tether and Bitcoin to wait and have a means of picking up coins I really want to get in at a later time or when prices drop.
- I will cash out some and put some of my profits in ETFs and Stocks that I am interested in so I can "secure my gains" and have the peace of mind that I have taken profits and now have that money in stable assets that will generate long term returns.
Cryptocurrencies at the end of the day is a highly volatile, speculative and fast-paced market where ICOs just keep churning out every day and the charts look entirely different month to month. It is smart to stay diversified overall not just in crypto, but in other asset classes out there. And I don't think cash is king, so whatever you do don't keep your returns in your bank account because you will probably end up losing money because of inflation and pretty much 0% returns.
1. Airswap Token (AST)
CoinMarketCap Rank - 274
Market Cap - $22.7 Million
Price - $.15
Niche - Decentralized Exchange for ERC20 Tokens | Dark Pool Trading
2. Shivom Project (OMX)
CoinMarketCap Rank - 615
Market Cap - $4.5 Million
Price - $.009
Niche - Genomic Datahub & Healthcare Ecosystem | Genomic Data Analytics/Personalized Medicine Research
3. Effect.AI (EFX)
CoinMarketCap Rank - 592
Market Cap - $4.9 Million
Price - $.024
Niche - Decentralized Mechanical Turk (Mturk) | Decentralized AI Marketplace
4. Crowd Machine Token (CMCT)
CoinMarketCap Rank - 347
Market Cap - $15.5 Million
Price - $.034
Niche - Dapp Marketplace | Automated Smart Contracts
5. Playkey Token (PKT)
CoinMarketCap Rank - 605
Market Cap - $4.7 Million
Price - $.35
Niche - Decentralized Cloud Gaming Platform
6. Propy (PRO)
CoinMarketCap Rank - 372
Market Cap - $13.7 Million
Price - $.70
Niche - Decentralized Title Registry | Global Property Store
7. Trinity Network Credit (TNC)
CoinMarketCap Rank - 514
Market Cap - $7.4 Million
Price - $0.022
Niche - Off-Chain Scaling Solution for NEO & ETH
8. QLC Chain (QLC)
CoinMarketCap Rank - 378
Market Cap - $13.5 Million
Price - $0.05
Niche -Decentralized Network as-a-Service
9. Vibehub (VIBE)
CoinMarketCap Rank - 396
Market Cap - $12.6 Million
Price - $.06
Niche - Virtual / Augmented Reality Blockchain Marketplace Hub
10. Mybit (MYB)
CoinMarketCap Rank - 686
Market Cap - $3.3 Million
Price - $.047
Niche - IoT Asset Investing |Decentralized IoT Asset Exchange
Coins mentioned in post:
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Daddyku from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.