1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Wich cryptocurrency is the most promising?

Discussion in 'CryptoCurrency' started by cycoshas, Aug 6, 2017.

  1. cycoshas

    cycoshas Regular Member

    Joined:
    Jan 2, 2012
    Messages:
    329
    Likes Received:
    90
    hello ,
    Most of the people advised regarding Bitcoin , Ethereum , Litecoin, Dash , Zcash etc. But these are quite costly & increasing very slowly.


    Newer coins on the other hand still have to rise, so they can give tons of profit!

    Example:

    You invest in a coin of $200, which then maybe gains $50 making it a $250 coin. +25% profit
    OR
    You invest in a coin of $0.01, which then maybe gains $50 making it a $50 coin. +500,000% profit

    Suggest promising and undervalued Crypto currency !!
     
  2. davids355

    davids355 Jr. VIP Jr. VIP

    Joined:
    Apr 25, 2011
    Messages:
    10,408
    Likes Received:
    8,112
    Price is irrelevant because you can buy any dinomination.

    Also all the coins are tracking bitcoin- which by the way has gone from $2700 - $3200 is the last week or two which is a pretty big increase.
     
    • Thanks Thanks x 1
  3. Reaver

    Reaver Jr. VIP Jr. VIP

    Joined:
    Aug 6, 2015
    Messages:
    1,904
    Likes Received:
    5,465
    Gender:
    Female
    The most promising one is the one you don't buy.

    It's 100% risk-free.
     
    • Thanks Thanks x 1
  4. Billy_Batts

    Billy_Batts Elite Member

    Joined:
    Dec 16, 2016
    Messages:
    2,462
    Likes Received:
    1,960
    Gender:
    Male
    Occupation:
    ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♪♫
    Location:
    ı ̡̡͡|̲̲̲͡͡͡ ̲▫̲͡ ̲̲̲͡͡π̲̲͡͡ ̲̲͡▫̲̲͡͡ ̲|̡̡̡ *
    Home Page:
    Major Banks and Google have heavily invested in ripple (XRP) and in Japan banks already use this system so all must be for a reason right?
     
    • Thanks Thanks x 1
  5. MaddoxB

    MaddoxB Newbie

    Joined:
    Jun 22, 2017
    Messages:
    9
    Likes Received:
    2
    All of the currencies in the top 5-10 are promising in one form or another. The reasons why people choose to invest in a particular currency are varied. Some people base their investment on their own values, and pick something that seems "right" for them in terms of decentralization and etc. Other people invest diversely across the board with no interest in the physical realities of what a currency succeeding actually means for the future of commerce, and are more concerned with a profit margin. Some people, can find a balance between the two.. and choose to invest in what they see as being profitable without letting their emotional or morale implications get in their way. XRP is a good example, because it goes against the grain of "decentralization" which is more/less one of the biggest driving factors that surmounted in the creation of cryptocurrency in the first place. However, it's been backed by Google, and some of the largest banks in the world (many of which reside in commerce heavy and oil rich Saudia Arabia).. While it goes against the grain of what cryptocurrency was invented for, it is practical, provides a fast transaction, diverse in that ripple is coherent with other fiat currencies, and it appeals to that large percentage of the population that feels some sense of confidence knowing that banks are backing this. The majority of people aren't trendy or up to date on some of the obscure details as to how cryptocurrency works, and with XRP you have something that sounds more mainstream and legit as opposed to the bad rep Bitcoin got in its earlier days due to the Silk Road.

    That said, I personally believe Bitcoin will continue to be the driving force behind all other digital currencies for some time to come. It has age, its matured its reputation, it's shown consistent growth and resilience. It literally jumped $500 the other day from 12 noon to 2 am EST. That was roughly 20%. The thing about bitcoin is it is so volatile, which can be great for the savy investor who knows when to hold, fold, and walk away. Then again, it also matters as to what scale your investing. If your pouring thousands of dollars in, sure it takes some precise knowledge about future developments with the coin and a lot of confidence. If your going slightly smaller scale, or the money is purely disposable.. You could almost assuredly invest in BTC.. sit.. and wait. Your bound to see some dramatic fluctuations, but as long as your keep your timeline appropiate, you should come out on top. My personal strategy for BTC at this time is long-term. I plan to invest a medium amount of my disposable money into it, and just wait for the 10 Year mark. That honestly not a long time, but.. With each passing year, consumer confidence only grows and the places where transactions are applicable only continue to grow as well. I really feel that by the time it hit the decade mark, it will truly be solidified and recognizable by the mojority of the modern civilized population.

    That said, where BTC goes.. Litecoin is sure to follow. Think of it as the direct companion market. I think that the two compliment each other so well, and the pure existence of Litecoin only further solidifies Bitcoin, just from a psychological standpoint. I personally feel that XRP will take off, but there are plenty of people who would disagree with me. That's fine, and I respect their opinions. IMO, my confidence in the near future is in BTC, LTC, Ethereum, and XRP. All of which are near the top of most respectable markets trackers
     
  6. Nut-Nights

    Nut-Nights Jr. VIP Jr. VIP

    Joined:
    Jun 20, 2013
    Messages:
    5,622
    Likes Received:
    3,520
    Location:
    Hell
    Home Page:
    This one got bright future : Monero
     
    • Thanks Thanks x 3
  7. umerjutt00

    umerjutt00 Jr. VIP Jr. VIP

    Joined:
    Oct 28, 2011
    Messages:
    3,909
    Likes Received:
    2,169
    Occupation:
    Ninja
    I am no expert on crypto but with my limited knowledge, I think ripple have a lot of potential.
     
    • Thanks Thanks x 1
  8. SEO1337

    SEO1337 Jr. VIP Jr. VIP

    Joined:
    Sep 16, 2012
    Messages:
    1,882
    Likes Received:
    807
  9. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

    Joined:
    Mar 21, 2013
    Messages:
    12,765
    Likes Received:
    11,422
    Occupation:
    COINZ
    Location:
    BUYAH
    Home Page:
    If you stretch the time span a bit....you'll see that Bitcoin went from U$ 200 just over a year ago to U$ 3300 last night. That is fucking crazy.
     
    • Thanks Thanks x 2
  10. CyberHour

    CyberHour Jr. VIP Jr. VIP

    Joined:
    Apr 3, 2016
    Messages:
    754
    Likes Received:
    192
    Location:
    localhost
    Home Page:
    Before a month I said @ other thread that BTC will go over $3k (when it was 1800$), if you had invest then .. :)

    Pst: BTC will hit 5k on the last Q. So if you have some money to invest go for it :)
     
    • Thanks Thanks x 1
  11. PinguSpy

    PinguSpy Jr. VIP Jr. VIP

    Joined:
    Dec 7, 2007
    Messages:
    1,579
    Likes Received:
    1,301
    Occupation:
    unemployee
    Location:
    Blockchain
    NEO
     
    • Thanks Thanks x 1
  12. strategynenergy

    strategynenergy Registered Member

    Joined:
    Nov 22, 2016
    Messages:
    65
    Likes Received:
    12
    Gender:
    Male
    It's not a good time to invest in crypto at the moment in my opinion. They had a big bull run and as always, it will crash again. I am actually very interested in the crypto space as well but I do rather wait until the price crashes than invest anything at the moment.
     
  13. MrChow

    MrChow Junior Member

    Joined:
    Jul 6, 2016
    Messages:
    135
    Likes Received:
    31
    Gender:
    Male
    Its the perfect time to invest in cryptocurrency. People been saying the same thing "its not good time to invest in crypto at the moment bla bla" for ages, while bitcoin is still rising.
     
  14. jimbobo2779

    jimbobo2779 Jr. VIP Jr. VIP

    Joined:
    Sep 17, 2008
    Messages:
    3,832
    Likes Received:
    2,750
    Occupation:
    Software Engineer
    Location:
    UK
    Home Page:
    What you said was mentioned in the first post. Though a great gain in a very short space of time that is 15% and a readjustment could wipe that out in no time.

    What the OP is looking for is some obscure crypto that could go from being nowhere (a penny or two) up to mainstream which could be 10s of dollars giving 1000+% gains.

    I understand where the OP is coming from as it is very tempting to stick a few hundred here and there and wait to see if any coins shoot up, doing this means that you could take a couple of grand and spread it around and you only need one crypto to shoot up to cash out big time. This is in contrast to btc which has shot up and then come down over and over, albeit while trending upwards.

    At the minute if you put say 10k into BTC today it may be worth 20k next year if this trend continues, if you put 10k into 10 different cryptos and just 1 goes from 0.01 to 10 you just made a mil. Obviously this is an example but it seems like this is what the OP is looking for.
     
    • Thanks Thanks x 5
  15. strategynenergy

    strategynenergy Registered Member

    Joined:
    Nov 22, 2016
    Messages:
    65
    Likes Received:
    12
    Gender:
    Male
    What makes you believe it will keep rising? I think when you have such a big bullish trend for over a year, you will see the price declining. Sooner or later.
     
  16. MrChow

    MrChow Junior Member

    Joined:
    Jul 6, 2016
    Messages:
    135
    Likes Received:
    31
    Gender:
    Male
    You see, its not a trend. Its the future.
     
  17. FrankieTrinity

    FrankieTrinity Junior Member

    Joined:
    Mar 20, 2016
    Messages:
    112
    Likes Received:
    38
    Gender:
    Male
    Occupation:
    Affiliate Marketer
    Location:
    BHW Ireland
    I'm not sure about everyone else but I have invested in Bitcoin and Ripple.

    There are Big backers joining the Crypto world which is giving a lot more confidence in the market.

    The increase in Bitcoin in the past few weeks has been very profitable for me, though I'm not just not sure when to sell, or how long to hold.

    It's so volatile, it's like betting on the weather at times (and in Ireland that's a tough task lol).

    The ideal scenario is to get into a growing Crypto while it's young, and you can see some unrivalled ROI.

    Best of luck for your investments :)
     
  18. strategynenergy

    strategynenergy Registered Member

    Joined:
    Nov 22, 2016
    Messages:
    65
    Likes Received:
    12
    Gender:
    Male
    It might be the future but that doesn't mean that the market is never going to experience a crash again. It's just like the economy. We know that after 50 years, the USA will have a bigger economy than today but is it a good time to buy stocks when they are at all time high? I don't think so.
     
  19. CyberHour

    CyberHour Jr. VIP Jr. VIP

    Joined:
    Apr 3, 2016
    Messages:
    754
    Likes Received:
    192
    Location:
    localhost
    Home Page:
    Then don't invest, keep your breakfast money :) investing is not for everyone :)
     
  20. X-R0

    X-R0 Regular Member

    Joined:
    May 7, 2017
    Messages:
    290
    Likes Received:
    100
    Gender:
    Male
    bitcoin of course. I see a lot threads with similar topics and if any of these OP's had start to buy some Bitcoins instead started the next what would you do thread, then they would have already made some profit.
    [​IMG]
     
    • Thanks Thanks x 1