Great new update on the official forums today with Deep Points, looking good!
Also surpassed 4100 members! this thing is growing so fast!
Keep up all the hard work Devs
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I agree,
I have said for a long time that I think Waves will be a very successful token in the future.
As rightly pointed out, the roadmap that it has is exceptional and it already has a proven track record of both token released and improvements.
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Well, you would rise in line with the market cap really as an average, so if the market cap rose by 100% then in theory your coins should do the same.
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My favourite would be to invest in 100 Waves and 100 Kyber network with the $500
Kyber is endorsed by vitalik buterin the founder of Ethereum, has a strong team and a good roadmap.
Similarly Waves has a working product, a stable price and allot of exciting features in the works, plus you get a leased POS income.
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If I had to pick one, and only one, it would be Waves.
Why? Working DEX, a stable coin with a proven track record of over a year now.
They stick to their Roadmap timetables, and have a number of great features coming up in the next year, NG protocol, Smart contracts, Alpha DEX etc etc
Also at a great price currently.
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Personally I think Ripple and Stella will do well, mainly due to their partnerships that are forming with large companies (IBM etc)
The others, I would not hold in my portfolio, but that is just me.
I don't hold any Stella either to be fair, but i still think its an ok bet.
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So whilst I do agree with Diversifying a portfolio,
I think that 70 is too diverse, at least half of those coins will be worth nothing in the coming years, some will explode and others still stay similar.
You should maybe pick 20-30 (Even that is quite allot) that you have a strong faith in for the future and go with those.
Overall, I would say coins such as Waves, OMG, Stratis all have bright futures, but again you never know.
If you are happy tracking that many coins and happy with the risk of such a huge diversity then its fine.
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Thanks for pointing out the article,
However I'm not sure you read the whole thing, below the red flag questions they give pretty valid responses to each,
That said, there are several cards in the works at the moment, so the best thing to do would be split between Tenx, Centra and Monero for now I guess if that's the type of investment route you want to go down.
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Well with the current price of onions, its definitely a great time to get involved, they will have bounced back to the dollar mark no doubt sometime over the next week.
In the long run there is a strong road map and the development team have kept to the dates every time, they also always deliver onions on time in the airdrops.
The system works well, so I can see these coins sky rocketing up in the future.
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I suspect the price will start out similar to how Bitcoincash started, I sold that around the $700 mark so that's my estimate.
However at that point in time, bitcoin was worth less than it is now, so the gold could reach $1000 based on current prices.
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Talking about holding coins for years is a very long time in the crypto space.
That said, there are several coins that I would recommend,
First being Bitcoin - it is accepted in allot of areas, and if you are traveling abroad to places such as Japan you can spend it fairly easily wherever you go.
The next would be coins that already have up and running products, Waves is one example, with a working DEX and a number of ICO tokens held on the platform, with its future releases its bound to increase tremendously.
There are others, such as OMG and NEO that I would also sit on longer term as both have the potential to follow Ethereum in the future.
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The coin has a strong backing, and a strong development team.
If you compare it to NEO, which has just released its first token on their platform, I think you should expect OMG to be at least the same price per coin that NEO is sitting at now, so the $30-50 range.
I have invested in a small amount of OMG to just hold and forget about, in the hope it turns into an Ethereum boom.
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As mentioned above, for me it depends on the coin, and why I am holding it.
For example ICO that I really believe in such as, Bitquence, I bought allot at 4 cents each in the ICO.
My first rule is that I sell 1/4 of the coins if they ever hit 4x the price. I had forgotten about Bitquence until I saw it around the $1.20 mark. This was far above my 1/4 sell point and as such I sold 3/4 of the coins and held 1/4 long term.
However normally, my aim is to sell 1/3 at 3x the bought price, and hold the rest until I think the profits are substantial enough to swap into the next coin.
For other coins, such as Bitcoin/ Ethereum/ Waves/ Ark etc I am holding long term and I don't have a sell price.
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There are several POS coins that I personally invest in,
Waves - gives a steady return in both Miner tokens, and other tokens that are hosted on their platform. You don't need the wallet open to stake so just log off and check back in a years time.
DeepOnion - Gives 10% back a year roughly, again you can let the weight build up offline if your away on holiday etc, then open for a while and reap the rewards.
Both these coins have high future potentials.
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Waves or DeepOnion are the two I would look at,
Both coins have exciting features coming up in the roadmaps which will in the long term make them invaluable.
Research them both and see what you think
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Agree with what others have said,
The Price of the coin will no doubt start to rise as soon as it is accessible to more people,
The privacy updates that are coming to this coin will put it in the top spot for anonymous coins, when you look at Dash and Monero prices, you can get a feel for the potential that Deep Onion has to offer.
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It just means at the current price its a good time to buy,
Unfortunately I did not get involved in the early ICO stages, as such I decided on Friday to buy a large amount of these as they had dipped to almost a dollar on Binance.
Now I can just put them away and forget about them for a while.
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I think DeepOnion has a great future, its one of the reasons I support this coin.
We have a need more than ever for true privacy coins, and this is one that really stands out.
It has a huge community so should be able to surpass other privacy coins such as Monero and Dash in the future.
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There are several coins to look at for long term HODL,
the Obvious one is Bitcoin, if you buy some now, and place in an offline wallet, any forks that happen will also double your coin into the two new chains so you can forget about it for a few years that way.
I would also go with Waves, as they have a solid longer term roadmap. Smart contracts, upgraded DEX etc.
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ARK along with many other coins are currently in a HODL stage, by that I mean the products are still in development and once completion happens the price should rise up.
However if you are looking to day trade, you should set yourself a target say 5% profits and then take them, then move on to the next trade.
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