Cryptocurrency is certainly a popular topic nowadays, especially since Bitcoin has just reached a peak of $ 4,600 per currency. The question is, which cryptocurrency should you invest in 2018? Will there be another piece that culminates as much as Bitcoin? Will we miss the opportunity again?
Ethereum was the second breakthrough after Bitcoin, with their incredible smart contract function. There are currently at least 1,000 different types of coins on Coinmarketcap. Which will prevail? Or rather, which group of pieces will survive?
No one knows for sure, but we usually look at certain properties to see if a currency has potential or not. Here are some factors that you should consider:
Who is the team that developed the piece? Are they very famous?
How active are they in maintaining and improving the room?
Do they actively communicate with their investors?
What is the technology behind the room? Is it based on blockchain?
What is the total number of coins that will be issued and how many will be outstanding amounts?
How much are these coins worth?
How many of these pieces are printed and can you use them?
How many exchanges have these coins been exchanged?
There are many factors that you need to consider before you buy cryptocurrencies. Do not take people’s opinion as gold. Do not follow my advice just because I wrote about it. Always, always do your own research and make your own decisions. This is because cryptocurrencies are very volatile and you can lose all your money if something happens. Never invest more than you can afford.
Now that we have removed it, here are some pieces that I would recommend to buy.
Steem is a token that is used on Steemit (an encouragement platform for social media and blogs). It also comes with Steem Dollars, which means that there are two different cryptocurrencies on this platform. Steem dollars are however linked to $ 1, in contrast to Steem, depending on market forces.
I think it is valuable because of Steemit itself. If you look at social media platforms such as Facebook and Twitter, they are not encouraged. There is a better chance that you will have to pay for the platform instead of earning money. With Steemit, on the other hand, you can earn money in the form of Steem and Steem Dollars simply by publishing quality content. This means that you can actually blog for money on Steemit, although the amount you earn depends on who raises your content.
On Steemit you can increase your Steem power in Steem. Your Steem flow amount determines how much your vote is worth. For example, if I have 1000 Steem (the equivalent of 1,000 Steem), my full result is worth $ 0.20. When you have 500,000 Steem, your full upvote can be around $ 100. Do you see the big difference? In other words, you are encouraged to put your money in Steemit.
If you also want to withdraw money, you must wait 3 months before the shutdown is complete. This discourages people from taking money from Steemit and therefore maintains the value of Steemit. To make a lot of money with Steemit, you have to network with all kinds of people, including those who have a large amount of Steem, whale a.k.a.
At the moment, Steemit has only about 300,000 registered accounts and just over 10,000 active daily users. Imagine that it becomes mainstream like Facebook. Will the value of Steem increase enormously? We will see.
People generally think that Bitcoin is truly anonymous, which is not true. Anonymity is certainly the best feature of Monero, and that is partly why it went from $ 50 to $ 125 in a few days.
The main advantage of investing in Monero is its unrivaled anonymity. It uses a number of advanced and advanced methods to provide exceptional privacy. It can be split up into a few methods.
First, he has covert addresses. When you negotiate with other parts, you normally see the destination address, which means that others can follow you. Unlike Bitcoin and other parts, Monero only shows a cryptographic hash of the destination address to the public. The sender and the receiver are the only ones who can decode the hash.
They also use separate transaction units. For example, if you send XMR 100, it comes with separate sums of 20, 50 and 30 XMR. They are recorded separately, which makes tracking much more difficult. It also uses ring signatures to mix transactions and make anonymity possible.
You can call it the best part if you act on the black market.
What is Ark? As an excerpt from its official page, it “provides users with innovative use cases through the development and integration of technologies that power the blockchain world.” Extremely flexible and adaptable, ARK is a secure platform designed for mass adoption and provide the services that consumers are looking for. “
Ark is primarily known for its SmartBridge technology. What is it? It essentially allows to link different block chains via the transition method. Imagine linking the Ethereum blockchain to the Lisk blockchain. It seems very advanced for me.
They seem to have a competent team too. Some of them even developed Lisk and Crypti, which shows that they have experience. They have other features that are good, including their fast transaction speed, optional privacy, the physical card system and an interplanetary file system. It seems like a well-rounded coin that could increase rapidly.