Crypto – Long Term Investments
Today I’m going to write about my long-term investments in crypto currency. Through careful research, and with the help of @suppoman and our community I’ve ended up with the below portfolio breakdown. Day trading has burned me a few times and I have decided to just hold long term from now on. If I like something new down the road I will likely acquire it but I will NOT sell anything from my current portfolio.
This is a no brainer for me. They are currently rebranding to Neo and are optimistic in meeting the July 24th deadline. There is more than just the rebranding that they are targeting for the 24th. Please look at the link below for all the July 24 milestones. If there’s anything I’ve learned from crypto it’s that market news makes a big impact! If you are interested in this coin then invest now before the July 24 hype begins.
This one was an easy decision too. Although I’m new to the Steemit platform I have been an investor and believer for quite some time now. I’ve powered up my Steem into Steem Power and want to use that to encourage more interaction on my posts. I want to reward people for taking the time out to read my content, upvoting, and even commenting on my post with their opinion. Now I can do so with the Steem Power I have!
This is a low risk investment in my opinion. I believe in the technology and the price its trading at right now is an absolute steal. You can get a very good volume of coins for a low price. I don’t anticipate Verge being this low in the foreseeable future.
This coin is much like Verge. It’s a coin that’s trading for very low right now and has a lot of potential. If you haven’t heard about ReddCoin then you can take a look at their website. It offers a great way of tipping content creators on ALL social media platforms. Allows users to do more than the simple like or thumbs up.
5. Basic Attention Token
One of the most impressive parts about BAT is the community behind it. BAT is also backed by the founder of Mozilla Firefox and focuses on advertising. The main premise behind BAT is user attention and rewarding those same users for participating in the advertisements.
LiteCoin is a hedge for me. @crypto-oracle has convinced me to invest a bit into LiteCoin just to hedge against Bitcoin. Usually days when BitCoin is on the downtrend, you will see LiteCoin going up. I don’t have many but I do believe LiteCoin has a strong team and has a lot of potential in the future. I’ve also seen an Amazon petition for LiteCoin and BitCoin to be accepted as a form of payment on their website. This would be HUGE!
SiaCoin was one of my first crypto investments. I got it initially at a very good price (what it’s trading for now) and rode the wave all the way up. I did get burned by investing more into it when it reached its peak and how fast it plummeted back down. I still believe in this technology but I’m just worried as to when I will actually see a return on this.
Bitquence was brought to my attention through the community @suppoman has built. It caught my attention because of the clear problem it is attempting to solve. It makes investing into crypto currency a lot easier and will really be successful when marketed to the masses. It also rewards token holders for accurate predictions on alt coins. There is a post that I resteemed a little while ago that goes through this new technology in detail. I've included it below for reference.
I hope all of you enjoyed this post and got some insight into what coins I deem valuable. I'm interested to hear if you all are in agreement with me or if I've missed any coins?!