EP #1: Cryptocurrencies With Huge Upside Potential in 2018

in cryptocurrency •  7 years ago 

The first quarter of 2018 will probably be one of the ugliest times recorded in the history of cryptocurrencies. This was worse especially for investors/traders that didn't have a plan or system to guide them; those who tried to time the market, ignored proper analyses and risk management and jumped into positions based on hunches or herd mentality. Now it's time to cut our losses and move on 'cos there's always money to be made in this space but remember...

"Failure to plan is planning to fail"



If you're investing without your own strategy, you're basically throwing money away. You need to have a goal you're working towards and a framework for how you want to achieve said goal. You need to have methods that put you ahead of the herd mentality. I could go on and on but that's a topic for another day. Right now let's look at one of cryptocurrencies that are likely to moon in 2018. There are a good number of them on my list but I'm going to discuss one per post to keep this very interesting.

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Disclaimer: This isn't meant to sway your opinion or convince you to invest in any cryptocurrency. This is just my opinion and is not or to be taken as investment advice.


OmiseGo (OMG)

Omisego looks like a solid long term option especially for the next few months. They boast of a strong team, proven track record of success and smart business strategy.

They're currently working on a lot of products and projects. They've got a white-label wallet SDK, a DEX coming up, cash in /cash out points, and of course plasma. Omisego can be regarded as the natural expansion of the ethereum ecosystem which is further solidified by plasma which is a big deal though still far from production status.

The OmiseGo platform is still under development and has a very long way to go but right now it's one of those exciting cryptos I've seen on the market. Exciting because they have an incredible vision for the future of payments and more so because they're targeting the South East Asia financial system which is practically screaming out for a better solution.

When you factor in high profile partnerships like McDonald's, their 4 years of proven experience in the payment industry, their solid development team, and their marketing skills; omiseGo feels like one hell of a sleeping giant worth considering in 2018.


Thanks for reading! Be sure to check my blog often for the subsequent episodes.

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Bitcoin/Ethereum/Litecoin is my short list!

A must for every portfolio in my opinion