I just bought $4,000 USD worth of NAV coin. And in this post I will try to explain why.
NAV coin is a proof of stake, eco-friendly, stakeable, privacy coin, with a built in platform for decentralized apps AND it was built on Bitcoin core code.
NAV Coin Benefits:
With NAV you can easily stake the coins for a 5% compoundable reward.
With NAV you make rapid, easy, and optionally private payments. Payments can be made within 30 seconds!
Their wallet is clean, intuitive, functional and attractive. Download the wallet here.
My Thoughts:
The NAV coin project has a lot of upside and its growth has been significant but it is still a small cap coin. This project is currently more than 25% off its all time high and I consider it a bargain for less than $4.00.
The market cap is around $190,000,000, and each coin costs about $3.00 today.
Conclusion:
I think 2018 could be the year of privacy coins, particularly following the 2017 tax reform in USA which has some alarming capital gains consequences. Privacy is a growing concern, and that concern has fueled growth in various privacy coins including, Decred, Dash, Verge and Monero among others.
NAV could be the next 1 billion market cap coin. If so my $4,000 USD will be $20,000 USD.
Disclaimer:
Check it out yourself. Do your homework. I am no expert, just a guy talking about my interests on the internet.
If you enjoy the post please support me by up-voting, commenting and following.
Thanks for your post - upvoted and followed! :)
It's confirming my own research. I'll also invest more!
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Great post man on NavCoin -
I am a huge huge fan of it myself
If you have a minute take a look at my post from 4 months ago about NavCoin - interesting how things have played out aye?
https://steemit.com/cryptocurrency/@krytonika/why-nav-coin-has-finally-woken-as-a-sleeping-giant-up-110-in-past-24-hours
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Reading your post got me even more excited. I am particularly hopeful for this project. I have been watching it since about 2.00 and meaning to buy in but in order to buy NAV I needed to sell something else, and at the time I had nothing that was ready to unload. This past week, XRP roared up, and I was able to profit take on that 10x move and buy-in on Nav and 0x coin.
Also I recently snagged EthLend. Exciting times in crypto.
Thanks for comment. I read your article, and I followed you. Thanks again.
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Glad ya liked it man!! and yes Ripple has finally finally paid off - I had a strong feeling that it eventually would even though it had been marked an outkast of crypto or not real crypto but Ripple had known what it was doing from the beginning.. gpoing after the BIG backers..
Very exciting times in crypto - as always for me though - very scary too... When so many coins have reached incredible amounts and market caps - however sticking with the coins/projects that are in fact legit, progressing, and functional with a purpose - I feel safe with them.. It never hurts I suppose to take a risk on some very cheap coins that could have potential..
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Sounds like a good opportunity for long term investment. Would check it out for myself
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I think so. Particularly if you want to hold on to something for a while, get some interest on that, plus I expect some significant appreciation on the token itself.
It really seems easy to use the wallet and that will be a big selling point particularly in 2018 as more and more newbies get into crypto.
Thanks for the comment.
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