π Every week, I decided to update the different cryptocurrencies I own and would like to ask you which one do you believe in the most in your respective wallet. π
This is the 24th weekly: "What cryptos do You own?"
- As I work in finance, Stock Markets polls are very useful for fund managers to understand what investors own because they currently like it and what they do not.
- Usually, in the Stock Market, it is not very good to own a stock that everybody owns; it means that most investors bought it already and therefore, future demand will be low.
- Whereas understanding which one are under owned is very useful in case a positive news is released on the stock. Since a few investors own it, they will rush to buy some and the price will increase significantly.
My current portfolio and reasons why I own these cryptos:
Cryptocurrencies that I own
- Steem: If you read this, you know why. I am still mad that I did not buy more at <1$
- Eosio (EOS): I believe in Dan Larimer; he already developped 2 great projects (Steem and Bitshares) and as the Co-founder of Steemit on @SGTReport said about Dan larimer and its EOS ICO: βThe people who say that there is no product yet, Dan has built 2 of them if they think heβs not gonna build the 3rd one, theyβre crazy. This is the one he always wanted. The other 2 were just helping him get thereβ. EOS is showing some nice upward trend recently. I can see some βWhalesβ are stacking them.
- Ethereum (ETH): In my opinion, it has been the most exciting project in cryptos so far. This project has been copied or inspire many other hot cryptos (NEO, EOS...). Devon3 gathering brought a lot of visibility on Ethereum's next improvements especially on the scalability issue.
- Siacoin (SC): Siacoin is a solution that allow companies to use storage in a decentralize on Siacoin network. βMinersβ are renting their storage capacity. It is 5-10x less expensive than with traditional companies as Amazon Web Services, Google, etcβ¦
Cryptocurrencies that I used to own
- STORJ: Same business plan as Siacoin, smaller Market Capitalisation and recently the company announced that it βfrozeβ some of its tokens as they will not need it in the next 6months+ to finance the development of the platform. This is a good sign as it tells us the team is feeling confident to have βall it needsβ to deliver what the market expects.
- Golem (GNT): It is a cryptocurrency allowing you to use the calculating power of the computers connected to its blockchain network. This is useful for companies looking to rent some calculating power for a project, etcβ¦
- Mysterium (MYST): * The company is developing a Blockchain VPN. As China is trying to implement its Great Internet Wall before 2018, this would block VPN based technology. This project could offer a solution to Chinese and even other people to have more privacy while browsing through the internet
- Basic Attention Token (BAT): It radically improves the efficiency of digital advertising by creating a BAT coin that can be exchanged between publishers, advertisers, and users.
- Augur (REP): I just like the prediction market project. They have a good team of developers and seem to work very hard on this project. And last but not least but they keep you updated on a weekly basis and were at Devcon3 recently.
- Ripple (XRP): Signed most of the TOP50 banks and is runned very professionally. It is working with Chinese partners on many projects.
- Stratis (STRAT): Stratis offers full service capabilities for the development, deployment and management of blockchain applications and solutions utilizing C#.Stratis tries to make it easier for companies, organisations or other entities to develop a blockchain app.
- Ethereum Classic (ETC): I think it is undervalued, dapps and other projects are using it as the Ethereum network is getting crowded.
My Portfolio on March, 28th
I am getting more positive on BTC as I see it more and more as a hedge to a Financial Market Crisis or a disbelief in our Politics
Both of these themes are getting closer and stronger
Bitcoin was the first Crypto, butβ¦ I always preferred Altcoins (EOS, SC, GLM, REPβ¦).
Finally, What crypto should I look into at the moment?
Last updates
β’ π What Cryptos do YOU Own? π March, 28th
And you, What do YOU own?
Please remember this is my personal opinion and not a financial/investment advice. You need to do your own research to make your own decision. Investing in cryptocurrencies can lead to financial losses.
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I'm only surprised seeing Siacoin on your list, maybe I don't know much about it.
My profolio can be displayed as such: Steem 11%, Bitcoin 14%, Ethereum 12%, litecoin 37%, EOS 17%, BitcoinCash 2% and Tron 7%
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Very nice one ! Diversified and making sense in my opinion.
Thank you for sharing.
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Thank you too
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Nice eos number one.
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Thank you!
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Thanks for sharing cryptocurrency news update providing....I appreciate your post.keep it up
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Stock market is a complex thing. One should understand well before investing on this. Your article is very helpful.
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so much ripple! I really like Vechain! pretty cheap now to!
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Do you have an opinion of bytom?
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You got a 79.69% upvote from @emperorofnaps courtesy of @vlemon!
Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!
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Mostly BTC, ETH, ADA, XRP, THC and BEAN
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Interesting portfolio! A lot of cryptos that I own too :)!
PS. I know EOS is great, but isn't 59,5% a little bit TOO much ;)?
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