5 Current Crypto Currency Projects i Am Bullish On - April / May 2018
Original post on 'The Money Life Juggle' Blog: https://www.themoneylifejuggle.com/blog/5-crypto-currencies-i-am-currently-bullish-on-april-may-2018
Since the Crypto market has seen a bit of a rebound, i thought it would be a good time to do another post about 5 Crypto projects that i have my eye on. Here at 'The Money Life Juggle' we tend to try pick projects with a higher likelihood of longevity and stronger fundamentals over projects which are simply pumping and dumping. That being said, occasionally we do throw in a project with the plan of dumping it, you may recall our $ZCL call before the fork.
There are many opportunities at this moment in time and there are obviously going to be some missing from the list, however, here are 5 we have our eyes on and why.
1. Icon ($ICX)
If you are a regular reader of our blog then you probably already know that we are Icon lovers, however, there is extra reason to be bullish on ICX at this moment in time: The mainnet launch. The launch is scheduled for 30th of April and i would assume leading up to the launch you will see some gains. After the launch, folks might take profit and a retrace might happen but we are in ICX for the long game. Eyes on the prize, folks!. .... Oh, and; June = the DEX launch. Can you feel those gains?
2. Bitcoin Private ($BTCP)
The purpose of this blog and these articles isn't to just shill you stuff i am invested in. I am not invested into BTCP, however, the project does intrigue me. When the $ZCL fork happened i was contemplating holding and receiving my free $BTCP but i decided to sell my Zclassic. I feel like BTCP is currently undervalued, very undervalued. With that in mind, we can also see the gains it has had. Since the market started recovering, it has been one of the better performing Crypto currencies and will likely continue to see growth. People love Bitcoin and people love Privacy, its a good combination. I will probably kick myself for not investing, however, i have my eyes set elsewhere. You can't invest in everything. If i had expendable fiat then you can bet id be all up in that $BTCP
3. Wanchain ($WAN)
I know, the same names keep creeping up on these lists but i am trying to push good projects with good fundamentals and a high likelihood of longevity in this space. Wanchain is for sure one of the best projects out there. Not only that, it has seen incredible gains as of late. I am actually doing a DCA (dollar cost averaging) method of investing into Wanchain, albeit a small amount.
4. EOS ($EOS)
As i write this i feel slightly contradictory because the EOS token doesn't actually do anything and it is quite possibly, at this moment in time; overvalued. Some people may disagree with that and in the long run they are probably right but as of this moment in time, i think it is overvalued, however, once their native tokens launch (in summer) and the DEX launches (end of the year) then it could potentially see a astronomical rise. There is a lot of buzz around EOS and a lot of marketing / capital behind it. It is a bit speculative as of right now, however, there is certainly potential. This could be the accumulation phase.
Also worth noting that BINANCE will be supporting the token swap so if you do hold your EOS on an exchange, Binance could save all the hassle.
Sign up for Binance: https://www.binance.com/?ref=17920799
Ref Link
5. Aion ($AION)
Not invested in this, although i was and i sold it, which makes me very sad. I wish i started a DCA into this, however, i ran with other projects. That being said, i think this is a brilliant project with a brilliant team. Interoperability will be huge in the future of blockchain technology. Basically it works by allowing different blockchains communicate and work with each other. Not to sexy, yet very necessary. Plus, it is working closely with Icon and Wanchain which is a Brucey bonus!
So there are 5 Crypto picks at this moment in time. I shall update a list of 5 in a month or so but for now do a little research into those. Remember never take what i say, or what anyone else on the internet says as financial advise. Always do your own research and never blindly invest in things. Consider consulting professional financial advisers.
What Crypto is tickling your fancy right now? Let us know in the comments.