Alright guys so for those of us who were late to invest in the Bitcoin or Ethereum spikes our hope for massive profit without possibly getting caught in a overvalued sale is not lost.
Why you ask?
Well because there are still a plethora of coins other than Ethereum and BTC that are undervalued and making massive percentage gains.
In this article I will discuss coins you can buy and hold for long term which have massive potential for steady gain.
NEM (XEM) .29 US
NEM is a very interesting candidate because it is in the middle of a gradual bullish rise which doesn't appear to drawback any time soon. With the value NEM is pushing and the market capitalization not being the size of say Ripple it has potential to make massive gains with a volatility relative to its cap. In terms of tech NEM is basically an advanced version of Ethereum. This is good and bad because although it's addressed many issues on Ethers blockchain it has a ton of competition. To be honest any coin at this price is fairly speculative but I would risk the 100-500 dollar gamble on NEM simply because the reward could prove to be exponential. Aside from that I'd sell once I make a solid return I don't see much future prospects with NEM without strides in advancement of market share. What I know for certain is NEM is going to continue this bull trend upwards which can give potential investors a shot at a very lucrative situation.
IOTA (IOTA) .83
IOTA is another crypto on the rise and I've been hearing all sorts of hype about this one based upon it's supposed advancements in it's blockchain technology aka the tangle. While I have no doubts of the advancements made this is only a small part of the reason why IOTA is intriguing for me. My rationale being IOTA is a 6 month old crypto and the tech info is not going to be all there until it is really adopted utilized and analyzed by the community. But what makes IOTA interesting is it has started on a gradual upward trend amid all it's tech hype. This is a very good sign as it indicates IOTA is coming into a bullish patch of it's own. Mix that with the supposed tech advancements you have a very intriguing investment for the long term. Some drawbacks of IOTA are it's limited to exchanges (Bitfinex) but in the coming years most of the top cryptos will be added to exchanges that will ease access and purchase(FED and Winklevoss, Coinbase..etc). Other than that it's got a large market cap but not large enough to limit it's volatility. IOTA is a strong buy.
NEO (NEO) 31 $
Finally my last alt coin to review is NEO. NEO is very interesting because it just shot up not a month ago and has now caught a bearish trend plummeting it down. This is the result of the Chinese government cracking down on altcoins in general but don't let that dismay you from NEO. NEO has already proven high potential in the Asian market and the issues with the Chinese government will be sorted out sooner or later. For now as NEO hangs low BUY BUY BUY you won't regret it when it comes time for it's next bull trend. NEO was projected to hit 60 dollars and up before this little setback. Major Buy.
That concludes the top altcoins coming into September. Thanks for reading.
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Cheers :)
Thanks for the post. Are tangle ledgers relatively new? I 've only heard a bit about them.
Yes tangle is specific to iota which reached it's Genesis about 6 months ago. Very promising nonetheless. Thanks for the comment and share :)
I like this post, you have my vote, by the way,
thank you for stopping by and voting on one of my post
really appreciate it.I started following you @mannyfig1956
Cheers )