Best Altcoin investments for the coming month (August 2017).

in altcoin •  7 years ago 

We are almost certainly heading for a tumultuous week, possibly two! The whole BTC/BCC storm in a teacup is very likely to shake the crypto world for a good few days. I shan't bore you with the details to the multitude of reasons as to why it's nothing to get excited over as there are already a fistful of posts regarding this matter.

However, I would imagine that August 1st could prove to be an excellent opportunity to step into the market and sweep up the bouncing alts (Alts that always bounce back). Look for big drops on any of the following - Ethereum, Litecoin, Dash, Monero, ZCash, Byteball, Decred and DigixDao. Jump in on any of these that suffer a heavy fall as historically they have always bounced back pretty well.

If there is no major crash then look to jump in on the Signatum train that has yet to even pull out of the station. Frankly, I'm surprised the price is remaining as low as it currently is. It is being heavily mined. Right now it is in 4th place worldwide after BTC, LTC, ETH then SIGT - beating out ZEC, XMR, DASH etc in global mining numbers. This is not without precedent, absolutely every coin that has been heavily mined in the past has had a dramatic price rise almost immediately after the first block halving. Signatum is pulling no punches in its use, it is sliding right on in there with all the other cash alternative coins. No other purpose is being touted. It was also a fair release and every miner who turns their guns to it should still be able to amass a decent amount.

Indeed if you look at the only exchange that currently trades it you'll see that the vast majority of asks are for quite small amounts (usually under 1000). Now, think about that for a minute, a coin that is having 3 million mined each day but almost nothing comparatively appearing on the exchanges. What this means is there is a gigantic holding going on. The only other coin to have this kind of market saturation and hold was Bitcoin and you'd have to go way back to draw the comparison. The signals are all there for Signatum being a monster in the making. There are other benefits to it too - zero transaction fees are possible, if you pay from the main wallet a transaction fee is optional, and the transactions happen very quickly even when you leave it at zero. Then we come to the next plus point with Signatum. The network speed! Coins are transferred almost instantly, and this is only going to get quicker because it will one day become a PoS only generated coin. Every person holding Signatum on the official wallet will generate a 5% annual income from it. The caveat is the full wallet must be open or else they earn nothing. This gives holders a huge incentive to keep the wallet open and the whole blockchain stored on their computer. Which means transactions will be lightning quick.

Signatum is more of a long term investment, but it's certainly worth throwing something at it while the price is below $0.04. However, be aware that the block halving won't take place until block 100,000 and anything above this amount is likely to see the market push it back down. The days of having a coin generating $10 per GPU while all the others earn $3.50 is over.

There are no ICOs of interest ending soon, most of the good speculative ones have postponed their end dates to avoid the likely shaky markets that are fast approaching.

Next time, I will show even the most nervous of investors how to make a minimum of 10% above their original investment in almost any ICO. Yup. A free method that almost nobody is talking about that will show you why a lot of ICOs are one of the only methods where you can literally print money. Oh and it doesn't matter if the ICO drops to become a worthless token, you always walk with a profit.

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Steem ON!

You have my interest. Could we talk on telegram?

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Fine thread. Nice to see I'm not the only one who thinks like this. It's surprising how much uneducated investors the crypto space has. You still see people invest in this shady and scammy coins. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? I found this great website: https://www.coincheckup.com This site lets you check investment stats, And does a complete background analysis for every single coin. That's tradable on the market.

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