altcoin marathon #12- LISK (LSK)

in altcoinmarathon •  7 years ago  (edited)

lisk.jpg

A fork of Crypti coin, Lisk ICO was around May of 2016. The coin is currently ranked ~12 in market cap and is worth ~120,000 Satoshi with ~115 million in circulation.

What I have gathered is Lisk platform allow users to integrate their own blockchains as subsets to the Lisk main blockchain. This allows Lisk to be limitless in expanding for future growth. Furthermore the coin allows users whom code in javascript to be able to integrate their own work into the Lisk platform. This allows them to gain and grow their applications exponentially as more users are able to have access to the Lisk platform. Think of a problem to solve and Lisk will allow multiple coders to develop the best solution possible.

Lisk is a delegate proof of stake coin where the top 101 elected delegates can operate and maintain Lisk's blockchain. The delegate's service is derived in what is called forge of new Lisk coins. The delegates each independently will offer to their supporters how much they are willing to share in their earnings.

Since I started following this coin in late August of 2017 from low $3 to now $10 this coin is worthy of a long term investment. The sad part for me is at current prices I can only get a handful and delegating them will earn me very little. My plan is to find a coin that has the potential for exponential growth before it happens and if I can gain enough profit on that coin I would exchange for some Lisk. I read some history on the Lisk price and found the first adopters to the coin paid about ~$0.16 cents / LSK. Even near the beginning of 2017 the coin was still around the $1 area. Boy how a few months can change the price of a coin. I am betting the more users adopt to using Lisk's platform the more valuable LSK will become.

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I bought some LSK the other day and then made about 15% on it after it shot up a bit. I didn't know much about it so figure probably best to sell and invest again in something else.

Oh if you want a coin that has huge potential but is very cheap...POWR!!

I bought in at 3500 sat and sold just now at 8500 sat but I will buy back in again when it drops. Anywhere around 5000 satoshis will be OK. That's a coin that could be MASSIVE!!!

What exchange do you recommend using? I am leaning towards bitrrex because of steem but I have seen people have their accounts hacked. I also can not bare to watch coin prices up and down while invested in them. I rather like holding long term. Can not watch prices all day long.