Great thread. And congrats on your success with Litecoin.
We have seen a couple of coins in 2017 where you could have gotten in with around $1000-$5000 and be a millionaire now. Neo is another.
I think many people in crypto make the mistake tho to go in projects that are already high. Maybe most people are just too lazy or dont have the time to analyze and look at coins below the top100 at Coinmarketcap
I just made around 4000% (*40) on Verge. My reason to get Verge at $0.005 was it looked good, was promising, and not so high as Monero and all the other privacy coins. I always like to buy cheap and early. Not get in AFTER a *50.
I made a similiar profit with MonaCoin. It was *40 at some point, tho now its more like *20 which is still great and I will keep holding it because its the japanese bitcoin and been around a long time, and will not go away, with still good potential tho not for *50 or *100.
For 2018 with new government restrictions coming, I think the future is privacy coins. I now put the biggest amount of my portfolio in Colx because its a mix of Raiblocks and Monero/Verge and still low and not on the bigger exchanges yet. I can see this going *100 in 2018.
I dont think any of the top100 coins (that the mass invests in) will be able to gain *100 in 2018. Except of course if bitcoin gains *100 too and goes to $1.2m
I made some good profits on ETH, XMR back then.
But if I just hodled Bitcoin, I would have more money right now
Right now I think good coins are IOTA, EOS, OMG, ADA, BTC, ETH. They have a promising future
Yeah that is usually the story. See something promising as Waves. People were hyping it all of the time a few months ago. But all Waves gained since then, when it was $5, is basically the adaption to the bitcoin rise since then. So people have not abandoned waves but for *50 we are probably too late. I still think there will be new coins that bring better features and will get a lot of attention and PR. Bitcoin may not rise to $150k in 2018, which would "only" be *10 anyways if it continues its rise of 2017.
I think Bitcoin may actually stay at around $15k which seems something nobody ever considers. Everyone always says it will crash. Or it will go to $1m. But even more realistic i think is bitcoin finds a price and stays around it, and the market will shift more in altcoins now as public awareness for altcoins rises, they have better technologies, features and potential like energy efficiency and anonymity as Colx.
Governments might use the high energy costs of bitcoin mining to ban it, I see this as quite a huge risk for the near future with lobbyists of banks, wall street and other financial industries pushing such and similiar points to politicians.
