These are my top picks for cryptocurrencies to invest in right now!
Digibyte:
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Highly undervalued altcoin. It will soon partner Minecraft which will surely increase the price. It is also 5x more secure than bitcoin due to its use of 5 different hashing algorithms as opposed to one. Transaction speeds are also a lot faster. I expect Digibyte to reach $0.1-$0.2 by the end of the year.
Steem:
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The Steemit platform has great potential. This new-generation blockchain based social media platform rewards content creators and audiences by paying them. Reddit type layout combined with monetary incentives is sure to become successful, driving up the price of Steemit's coin, Steem.
XRP/Ripple:
Ripple is the technology enabling banks to perform worldwide transaction in a fraction of the time and cost using blockchain technology. XRP is the cryptocurrency behind this platform. Everytime a new bank adopts Ripple, XRP experiences an increase in price. I personally bought €200 worth of XRP in March and received 35000XRP which was worth around €14K last week. This is a 70x increase in a matter of weeks. I still believe this platform has great potential as more and more banks are starting to adopt it. This will increase the value of XRP in the long term. Another thing about Ripple is the fact that it is the only centralised crypto.
The key to large gains with cryptocurrencies is to keep them for long term. Try not to look at day to day or even week to week fluctuations but focus on keeping them and perhaps selling them long into the future.
Hope you guys get great profits!
Please share your own opinions/views and tell me which coins you're personally investing in!
#ankansheth @ankansheth found you! I look forward to learning more about Steemit. It's nice to meet you.
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lets grow together...i just earned 35$ within 7 days.follow me for latest crypto news
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A couple of things. One, I think your thoughts on future pricing and success of these projects is more of a "I hope these coins go up in value", rather than any real data behind it. Good luck though. I hope it works out.
Secondly, be cautious of others who try to convince you that a particular crypto is a scam. You can find people all over the place calling Bitcoin a scam, and to this day are calling it a Ponzi scheme. Too many people have their own agendas and will happily say whatever they need to in order to meet that agenda. Also, consider the fact that far too many people listen to the talking heads about their political news and do nothing of their own research, but don't hesitate to weigh in as if they are political geniuses, when all they're doing is parroting what someone else has said without considering what THEIR agenda might be. If so many people are willing to lie to themselves and others about politics, that may be an indication that they take this same willingness into every aspect of their lives. When someone makes such claims, you must insist on their providing links (although links can still go to questionable data).
As far as the comment made about circulation, no one actually knows what to expect. Its not just about circulation quantities. How much demand will there be? At what rate will it be used? And there are still too many unknowns amongst all cryptos in general for anyone to really know what the future looks like, so be very weary of those who speak as if they do.
As far as the value of Steem in the future, how can the comment made about it be accurate? How can anyone know? Your commenter speaks again of inflation. But just like with Ripple, he cannot know how much the user base will be. If the user base outpaces the inflation, that could actually equate to deflation, not inflation. But we shall see, as none of us can know.
This same commenter says Ripple will not make you a millionaire. This comment makes zero sense. I bought at .0005 so oops, too late. He also speaks of Ripple compared to Bitcoin in terms of Bitcoin's market cap as it sits right now. What about if/when Bitcoin reaches double the market cap at 80 billion? Suddenly, his simplistic assumption changes his comparative 90 cents to $1.80 . And will Bitcoin stop at an 80 billion cap? This guy is talking about the future while simultaneously using everything at this very moment to define it. Absolutely no consideration to the ever-changing landscape that will have far more impact on the future state than any of us can predict. And then finally, the last comment he made on Ripple regarding their ability to manipulate the market with all of the coins they retained for themselves is outdated. Ripple Labs has made it very clear to everyone regarding this. They will be taking their own Ripple coins and putting them in escrow with a detailed plan of how they will be executed. This will keep them from being able to simply unload all of them on the market. Simple logic also makes clear that even without this legally binding escrow, it would not be in Ripple Labs' best interest to unload their holdings. It would be counter-productive.
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thanks.so whats your suggestion?
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Hey ankansheth! Happy to see your here! :) Following you
I have lots of ripple and i love it!
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thank you sweetie...lets grow together
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are you following me?i cannt see
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u are going to rich then.... best of luck...help me to grow too
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Fingers crossed. I have all 3. Fingers crossed i will be a multi millionare haha
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dont forget to invest in ether and dash.
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always try to give as many vote as you can,on posts or comment,this will help you to get curation reward
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Haha done mate. My power is getting low though.
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try to convert all your steem to power.coz one day steem will rise its value.may be 2000% or more.who knows!!!!!!!!!!!!!!
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Fingers crossed for that
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There are many that can make you a millionaire. It depends on when you load up on them. I loaded up on ripple when it was .0005 and similarly with Digibyte. I think the most recent similar opportunity was Siacoin. Millions of Siacoin will bring tens of thousands in profit for every one cent move upward. And a good number of other cryptos will likely surprise us all. ;-) And we're only just getting started. Good luck to you.
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btw cloak is another option
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Ok, no offense but.....
Digibyte
Digibyte is a scam coin with no REAL development and just pure marketing. The minecraft you are talking about is a CRACKED pirated version of minecraft made up by some kids and all they can come up with is a citi bank challenge, a contest, which anyone can join. Everything about this coin is marketing and making quick buck, hyped by the developers making hundreds of fake twitter accounts.
Steem
Steem is good, but not for long term. The value of steem is depreciating since more coins are made and distributed to users every year.
Ripple
Considering the huge amount of circulating coins, at almost 40 billion coins with already big marketcap of $10 billion, ripple won't make you a millionaire. Even if it reach bitcoin's marketcap of $40 billion, ripple will be 90 cents. Plus the fact that the banks own 70 percent of all XRPs, they can easily manipulate the price of ripple.
I suggest you to do more research. :))
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thank you.ur suggestions are highly appreciated.so which coins would you prefer?
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Go for the coins with big projects behind them with strong development team.
Stratis, Golem, Antshares, BAT, Siacoin, Aragon
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thinking of investing on golem
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If they succeed, Golem is a major breakthrough in blockchain technology. Just give it time. Better to invest early :)
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ya thanku very much.what about lisk?
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man what cheapest cryptos in the present time will make me a millionaire?
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I can accept DGB and STEEM, but Ripple/XRP is a total shitcoin. Over half of the coins are still in investor and company hands. What happens when they decide to dump? Not to mention it's all premined and used by banks??? NOT DECENTRALIZED! Goes agains everything Cryptocurrency was initially built on. (Bitcoin anyway)
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do u know why the bitcoin price is again falling?
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https://steemit.com/rapchallenge/@enginewitty/company-murders
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