Investing in Undervalued altcoins can make you few thousands of dollars in future.
Are you waiting for right time to invest in Bitcoins rather loosing chance which you currently have in undervalued Altcoins or Cryptocurrencies.
source: https://pixabay.com/en/bitcoin-coins-gold-money-currency-282795
A right time to buy and hold undervalued Altcoins aka Cryptocurrency, which values are like $1-$2 per coin.
Here's my story from my experience on what happened to me and I don't want this to happen to you folks, my Steemitians.
When Ethereum was like $10, I suggested my friends put money into it but unluckily I didn't invest into it. At that time I invested $65 into something called "ethrade.org" which was my mistake when Ethereum was low, after just three months it went to $400-$414 per coin before coming down to where it is now.
So putting $65 dollars into Ethereum could've made me 2400-2500 dollars out of it, anyway I missed the chance.
Here I am advising you the opportunity to invest in some of the undervalued coins which have high potential in the future.
Like you might sell it at when it reaches your defined threshold, set your own target and then sell it.
List of undervalued currencies like a dollar or two which I think has future potential.
1.NEM (XEM) Current value is like $0.28/coin.
[Build in data management which will allow you to create own token and smart contracts.]
2.IOTA (MIOTA) Current value is like $0.68/coin.
[Internet of Things on the Blockchain]
3.BitShares (BTS) Current value is like $0.17/coin.
[Crypto Exchange on Blockchain]
4.Siacoin (SC) Current value is like $0.008/coin.
[Decentralized Cloud storage on Blockchain]
5. Storj (STORJ) Current value is like $0.71/coin.
[Decentralized Cloud storage on Blockchain]
6. Steem and Steem Dollar (SBD) Current value is like $1.21/Steem coin and $0.88/SBD.
[Social Media Platform on Blokchain]
7.EOS (EOS) Current value is like $1.83/coin.
[Aims to decentrize everything]
[Prices Source : CoinMarketCap.com and you can check the Markets which coin is available where. ]
Make sure you check the what is their mission statement of that #cryptocurrencies before investing and do your own research to know what you are doing is right or wrong.
Like Ethereum is for Decentralized Apps and Stratis is for building Blockchain based applications using C# and ASP.net platform
See whether developers are active with their projects join their slack or telegram channel and see what's going on with them.
You can use crypto exchanges like to purchase the Altcoins and hold it until it gets better value and sells it at a profit.
some of the Crypto Currency Exchanges list
1.Bittrex.com
2.Bitfinex.com
3.KraKen.com
4.GDAX.com
5.Gemini.com
6.xBTCe.com
[Disclaimer: These links are being provided as a convenience and for informational purposes only and I am not responsible for the losses occur when you invest in crypto currencies through this advice and are not affiliate links]
If you want to store your coins in cold storage by downloading their specific wallet for your safety you can do, where you hold your own private and public keys, not online exchanges.
Let me know which Altcoins are you holding and which offline wallets are safe to store your coins.
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@vishalmukadam nice post, I will certainly do this!
Just one thing: it's not the best idea to store your currencies in exchanges, I would recommend you use a wallet like Jaxx. :)
@thomascowley Thanks! Thanks for advice I will check how the Jaxx works.
Great list! On that, I want to add Elastic(XEL), FunFair(FUN) and Ubiq(UBQ).
@dannyljinhre Thanks for sharing I will check it out and do research before adding it.
@vishalmukadam right on, always do your own research.
Am keeping an eye for IOTA and its tangle system for internet of things,just give it time and see what happens!
Yes! IOTA has strong potential.
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