Hey guys, I will start trying to give some updates on my holdings and interests.
Current coins I have invested in:
The big 3 - BTC, ETH and LTC - These are great positions to have as they are the name brands of the crypto verse. As more and more new investors hop into the market these will continue to rise because these are the most covered by the news. Think gold, silver and bronze.
Tezos - This is my biggest holding. The genesis block should go live in February and a couple of well respected crypto investors are expecting a initial market cap of 10 bil, which would put the coin north of $8 at debut. This has the potential to beat Cardano and possibly ETH within the year.
- WhalePanda is a good follow on twitter
Bitcoin Cash - I only have this holding because of the fork, I'm thinking about selling this position here soon as the lighting network has entered the test phase. This should significantly increase transaction time on the BTC blockchain and start to stomp out these forks.
Golem - This was an early investment that I got in at less then $.01 currently trading at $1.15. This coin has a lot of potential as it allows people to rent out their processing power while there computer is Idle. Why not have your computer make money for you when your at work?
Polybius - This was the first ICO I got in on. The idea behind it is a crypto currency bank and if you own a coin you get paid dividends like a shareholder. This is going to be a long term hold, as the bank gets setup it could be one of the first that truly embraces cryptocurrencies and fiat currencies. I have what I refer to as a curiosity stake in this.
Giga Watt - Scalable mining company, your token counts as 1 watt of power that you can use with their mining equipment or rent out you token. I use this to get a steady return of bitcoin as mining is largely necessary. This could dip as more chains switch to Proof of Stake over Proof of work.
Digibyte - One the most interesting holdings I have. Currently trading at .07 and is worth getting in on in my opinion. This blockchain is one of the fastest in transaction speed that exists. I could see this blockchain being used in micro transactions be that games, credit cards or something like penny stocks. Think a low end ripple but actually decentralized. Lots of upside on this coin.
Refereum - This is the latest ICO I have put money into. The idea behind this coin is to remove the middle man between video games and developers. The video game market last year spent close to $120 Billion and around 30% of that was on marketing. This mini market will allow developers to release their games at much lower fee structure, pay people who play or watch their games and receive better feedback in the process. The devolpers already have a close relationship with Twitch and a working market for games. Esports is the future, I see a high upside on this coin.
Coins I'm looking to get into
Monero - Privacy is key, with multi-signature coming expect this coin to blow up.
Ark - They want to help blockchains talk to each other, which is key with the developing market.
Siacoin - Allows one to rent out storage space on hard drives. Great dev team, lots of use.