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Author Topic: Most interesting cryptocurrencies of the week  (Read 245 times)
godsavethebitcoin (OP)
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February 21, 2018, 10:32:32 PM
Last edit: March 19, 2018, 10:20:57 AM by godsavethebitcoin
 #1

EDIT: PLEASE PLEASE PLEASE READ IT!! This thread is about short-term trading. The cryptocurrencies that I suggest are adjourned week by week according to new market conditions. The altcoins that you see in this first post are not the altcoins that I suggest to pick for the rest of your life.
Please don't enter and write "I don't know... Dash looks bad, I prefer Ethereum because the project is better". It doesn't have anything to do with the purpose of this thread. THANKS!



Hello everyone! Every week I share on my blog the most interesting cryptocurrencies to trade. It is completely free and I thought I could share the article here so you can give me your honest opinion about it and you can also tell me what you would change (e.g. more than 5 altcoins or a shorter article etc.).
My rank doesn't allow me to share pictures yet.

1. Dash (DASH)
Dash is still one of my favorite altcoins. If you still have Dash from the previous week (at $608), my advice is to hold this altcoin. If you didn’t have the chance to buy it, you can consider to do it now.
 
2. Diamond (DMD)
$17 was the peak for the previous week, I think that this altcoin has the potential to go higher than $17, so I choose Diamond for this week too.

3. Dynamic (DYN)
This is a new entry! Today’s performance is -7.70% and this gives us the chance to take this promising altcoin at a discounted price.
 
4. NewEconomyMovement (XEM)
During last 3 weeks, this altcoin has been between $0.50 and $0.60. Now the price is $0.49 and the demand is increasing again, I don’t think it is a coincidence.
 
5. Cardano (ADA)
With a market cap of $10 billion, Cardano is one of the most popular altcoin among long-term investors.
Some investors expect to see Cardano over $10 by the end of the year. At the moment, I’m happy to take it for a few cents 🙂

 
With last week, I marked 10 good investments in a row. Let’s see how it goes with these altcoins.
As usual, remember that I’m only sharing my opinions and this is not a solicitation to buy/sell cryptocurrencies. Cryptocurrency trading has large potential rewards but also large potential risks, so use your head and do not invest money that you can’t afford to lose.

Good luck!

Link to the article: http://quoraforexquestions.com/the-most-interesting-altcoins-for-this-week-12-feb-19-feb/
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February 22, 2018, 03:17:02 AM
 #2

Hello everyone! Every week I share on my blog the most interesting cryptocurrencies to trade. It is completely free and I thought I could share the article here so you can give me your honest opinion about it and you can also tell me what you would change (e.g. more than 5 altcoins or a shorter article etc.).
My rank doesn't allow me to share pictures yet.

1. Dash (DASH)
Dash is still one of my favorite altcoins. If you still have Dash from the previous week (at $608), my advice is to hold this altcoin. If you didn’t have the chance to buy it, you can consider to do it now.
 
2. Diamond (DMD)
$17 was the peak for the previous week, I think that this altcoin has the potential to go higher than $17, so I choose Diamond for this week too.

3. Dynamic (DYN)
This is a new entry! Today’s performance is -7.70% and this gives us the chance to take this promising altcoin at a discounted price.
 
4. NewEconomyMovement (XEM)
During last 3 weeks, this altcoin has been between $0.50 and $0.60. Now the price is $0.49 and the demand is increasing again, I don’t think it is a coincidence.
 
5. Cardano (ADA)
With a market cap of $10 billion, Cardano is one of the most popular altcoin among long-term investors.
Some investors expect to see Cardano over $10 by the end of the year. At the moment, I’m happy to take it for a few cents 🙂

 
With last week, I marked 10 good investments in a row. Let’s see how it goes with these altcoins.
As usual, remember that I’m only sharing my opinions and this is not a solicitation to buy/sell cryptocurrencies. Cryptocurrency trading has large potential rewards but also large potential risks, so use your head and do not invest money that you can’t afford to lose.

Good luck!

Link to the article: http://quoraforexquestions.com/the-most-interesting-altcoins-for-this-week-12-feb-19-feb/

As the leader of the Smart Contract, the condition of Ethereum is quite surprising because it lost its second position, where the position is filled by Ripple. Interestingly, within a week, Ripple prices have doubled, and the value is close to Ethereum. Ripple rose nearly 40%, with marketcap above $ 15 billion.
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February 22, 2018, 03:53:09 AM
 #3

These are pretty good altcoin and worth to invest. I think the market will continue to go down in the next few days, which will be the opportunity for you to buy these altcoin at a very low price. The market fluctuates so keep yourself a reserve money to be able to buy a lot of good altcoin during market downturn.
godsavethebitcoin (OP)
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February 22, 2018, 08:45:49 AM
Last edit: February 22, 2018, 09:04:41 AM by godsavethebitcoin
 #4

Hello everyone! Every week I share on my blog the most interesting cryptocurrencies to trade. It is completely free and I thought I could share the article here so you can give me your honest opinion about it and you can also tell me what you would change (e.g. more than 5 altcoins or a shorter article etc.).
My rank doesn't allow me to share pictures yet.

1. Dash (DASH)
Dash is still one of my favorite altcoins. If you still have Dash from the previous week (at $608), my advice is to hold this altcoin. If you didn’t have the chance to buy it, you can consider to do it now.
 
2. Diamond (DMD)
$17 was the peak for the previous week, I think that this altcoin has the potential to go higher than $17, so I choose Diamond for this week too.

3. Dynamic (DYN)
This is a new entry! Today’s performance is -7.70% and this gives us the chance to take this promising altcoin at a discounted price.
 
4. NewEconomyMovement (XEM)
During last 3 weeks, this altcoin has been between $0.50 and $0.60. Now the price is $0.49 and the demand is increasing again, I don’t think it is a coincidence.
 
5. Cardano (ADA)
With a market cap of $10 billion, Cardano is one of the most popular altcoin among long-term investors.
Some investors expect to see Cardano over $10 by the end of the year. At the moment, I’m happy to take it for a few cents 🙂

 
With last week, I marked 10 good investments in a row. Let’s see how it goes with these altcoins.
As usual, remember that I’m only sharing my opinions and this is not a solicitation to buy/sell cryptocurrencies. Cryptocurrency trading has large potential rewards but also large potential risks, so use your head and do not invest money that you can’t afford to lose.

Good luck!

Link to the article: http://quoraforexquestions.com/the-most-interesting-altcoins-for-this-week-12-feb-19-feb/

As the leader of the Smart Contract, the condition of Ethereum is quite surprising because it lost its second position, where the position is filled by Ripple. Interestingly, within a week, Ripple prices have doubled, and the value is close to Ethereum. Ripple rose nearly 40%, with marketcap above $ 15 billion.

We had a good profit with Ethereum last week and almost doubled the investment with Ripple 2 weeks ago Smiley
Honestly, Ethereum is my favorite long-term investment but in this kind of articles I'm more focused on the short-term.




These are pretty good altcoin and worth to invest. I think the market will continue to go down in the next few days, which will be the opportunity for you to buy these altcoin at a very low price. The market fluctuates so keep yourself a reserve money to be able to buy a lot of good altcoin during market downturn.

Thanks for your feedback! Never invest 100% of your trading balance!
I'm actually happy during very strong crisis, I get the chance to buy at a lower price with a higher volume Smiley
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February 25, 2018, 11:14:33 AM
 #5

I like to find hidden pearls, undervalued and unknown to most people. Usually, coins that have something interesting coming in the short term in their road map.

Authorship (ATS) - is a decentralized platform that aims to bring authors, publishers, translators, and readers together. They've just opened BETA platform and they're now LIVE in the Bancor Network for continuous, decentralized and automated liquidity. In the coming weeks there will be the official project launch.

Oyster (PRL) - enables websites to silently generate traffic revenue as visitors perform proof of work for a decentralized storage ledger. The network is built on IOTA using smart contracts on Ether. Important to know that holders will be rewarded with SHL (Oyster Shell) tokens in 1:1 ratio. The airdrop is planned in March.
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February 25, 2018, 11:35:43 AM
 #6

From all of those coins you've mentioned I would definitely go for cardano, and I couldn't agree more that cardano is a coin for long term holding. Their project is very promising, but it will take a while to develop because it's very ambitious. It seems to be run by very competent developers, and their model of doing things is very professional, so I have very high hopes for this one.

I would add stellar to your list. It's a very underrated project in my opinion. Much better than ripple, and with a huge potencial, and already has some very good partnerships, where IBM is definitely their flagship. It can do so many things, light serving as a platform for new projects, just like ethereum, and is very good for micro transactions as well. I think it has great potencial, and it should overcome ripple with ease during this year.
godsavethebitcoin (OP)
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February 25, 2018, 02:02:46 PM
 #7

Thanks everyone to add your opinion, I appreciate it and I'm sure that other users also appreciate what you share.
Please remember that the altcoins that I consider are for short term investments (days or weeks).
The project and other qualitative factors are very important to evaluate the altcoin, but quantitative factors such as volumes, current offers etc. are more important to me to consider the short term.
godsavethebitcoin (OP)
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February 27, 2018, 01:33:18 PM
 #8

Let’s start this new week checking our last trades and analyzing new altcoins and new opportunities on the market.

Dash. It’s been a hard week for almost all the cryptocurrencies and Dash is not an exception. From $722 to $620. I still consider Dash one of the best cryptocurrencies to buy in this period, so I’m holding this altcoin.
Diamond. I expected Diamond to reach a new monthly high over $17, but the altcoin is still around $13-$14. Not what I expected but, considering that it’s been a bad week for cryptocurrencies, Diamond proved to be an interesting choice.
Dynamic. I suggested to try to take the altcoin below $2.70, right now the price is $2.40. Not a good investment so far, but the altcoin is currently in a short term uptrend and may reach $2.70 again very soon.
NewEconomyMovement. The range $0.60-$0.50 has been broken and the altcoin is currently at $0.41.
Cardano. This is probably one of the few altcoin not to have lost value during last week. Great choice for last week, but I will not propose it again for this week.
Let’s have a look at the new opportunities now:

1. Bitcoin Cash (BCH)
Not a good week for Bitcoin Cash too. This gives us the chance to take this coin at a good price ($1,272). Today’s performance is +7.33%, not a bad start of the week for one of the most popular cryptocurrencies on the market.

2. Dash (DASH)
I started to suggest Dash two weeks ago, when the price was $608. After a deep analysis of the market, I don’t change my opinion, I still think that this altcoin represents a great opportunity.

3. Decred (DCR)
Top 50 by market capitalization, Decred is seen as a valid option by many investors. 14 months ago, the price was $0.47, this is enough to show the potential that this altcoin has. $77 is the current price and today’s trend seems to be positive.

4. Diamond (DMD)
Diamond once again. The demand is increasing and we have now a better price. Let’s see what happens this week.

5. Nexus (NXS)
The price is low, the potential is high. The total volume of buy offers around the current price is impressive!

After 10 winning trades in a row, last week gave us a hard time. You can’t always win. This is valid for any financial market, especially cryptocurrency market.
As usual, remember that I’m only sharing my opinions and this is not a solicitation to buy/sell cryptocurrencies. Cryptocurrency trading has large potential rewards but also large potential risks, so use your head and do not invest money that you can’t afford to lose.

Good luck!

Link to original post: http://quoraforexquestions.com/the-most-interesting-altcoins-for-this-week-26-feb-04-mar/
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February 27, 2018, 04:17:30 PM
 #9

Your advice seems to be centered around a holding approach but then you change your opinions on a weekly basis, it doesn't seem like the best way to do things. If you're going to change each week should you not better look for shorter term trades.

An example of this is ADA which last week you suggested and spoke of investors expectations for the end of the year but now you won't suggest it for this week, what changed?

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February 27, 2018, 04:21:30 PM
 #10

I really have no of them, but I like dash though it is not a type of coin I can buy but it was very profitable coin for its early investors. It is now decreasing.

godsavethebitcoin (OP)
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February 28, 2018, 10:04:39 AM
 #11

Your advice seems to be centered around a holding approach but then you change your opinions on a weekly basis, it doesn't seem like the best way to do things. If you're going to change each week should you not better look for shorter term trades.

An example of this is ADA which last week you suggested and spoke of investors expectations for the end of the year but now you won't suggest it for this week, what changed?

I'm quoting myself:
Please remember that the altcoins that I consider are for short term investments (days or weeks).

I still believe that ADA represents a good investment for the long term and I still have ADA from the previous week, but, in my opinion, there are altcoins that are better for this week. Take my sentence "Some investors expect to see Cardano over $10 by the end of the year" as "it's a plus to trade a cryptocurrency that also has a huge potential in the long period".
I study the order book and the market history for my analyses, so I can understand when the demand is increasing for a cryptocurrency. This only concerns the short term.
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February 28, 2018, 10:40:29 AM
 #12

Those are all good coins and are very interesting because of their performance the past week but what can you say about XRP? There has been so much hype over it the past months, however its price right now has been poor. Many have been giving advise to buy it but now, people are saying that they should sell all their XRP otherwise they may regret it in the future. Just a few months ago, many have said that XRP is a good coin but it's now in a completely different state.

godsavethebitcoin (OP)
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February 28, 2018, 12:17:36 PM
Last edit: February 28, 2018, 12:34:54 PM by godsavethebitcoin
 #13

Those are all good coins and are very interesting because of their performance the past week but what can you say about XRP? There has been so much hype over it the past months, however its price right now has been poor. Many have been giving advise to buy it but now, people are saying that they should sell all their XRP otherwise they may regret it in the future. Just a few months ago, many have said that XRP is a good coin but it's now in a completely different state.

It's a shame that I can't post pictures, but I will try my best to make it clear Smiley
I have published an article about Ripple more than one month ago, I'm going to take it and consider the current price and value of Ripple to answer.

Is Ripple a good investment? I can’t say yes or no, because there are too many factors to analyze and what could be a good answer today, could be a very bad one tomorrow, because the scenario changes everyday.
In my Udemy course, Cryptocurrency Investment 2018: Invest in Bitcoin & Altcoins, I give some criteria to understand the value of an altcoin. I’m going to report them here and analyze Ripple (XRP) specifically.

The altcoin must be present in many major Exchanges.
Ripple is quoted on Bittrex, Poloniex, Cex.io, Binance and many others. From this point of view, Ripple is a very good investment.

The altcoin must have a valid project.
Ripple’s goal is to change entirely the structure of payments, especially international payments. They take too long, you pay a fee for transferring money and you pay a fee for the foreign exchange rate. This is what you can read on the White Paper: "Today, payment networks are siloed. Correspondent banking connects networks through a series of intermediary banks and central counterparties. Each intermediary adds cost, obstructs visibility and creates a potential point of delay or failure."
The developers of Ripple believe that payments should move like information moves on the web today: globally, securely, instantly, freely.
The project looks good, Ripple Network is very fast and a payment takes around 5 seconds to be processed.
You can read all the details about it on Ripple’s website: ripple.com.

The altcoin must be sustained by a trustworthy company and competent developers.
Maybe not everyone knows that Ripple is a company that was already active in the Financial industry, even before the creation of the cryptocurrency. It serves several banks, including the $60 billion Spanish banking giant BBVA. In addition, at the beginning of 2018, MoneyGram also integrated Ripple’s altcoin (XRP) into its payment system. Developers know what they are doing.

An active team in the community is another signal that the project is moving forward. Trust me, the team is VERY active! I have added Ripple and some team members on Twitter and they share info and reply to questions every day.

The scarcity of an altcoin can also contribute to the growth of the price.
Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public’s hands.
So it is very easy, Ripple has a circulating supply of 39 billion, this means that currently there are 39 billion Ripple in the world.
When it comes to total supply, we need to make a differentiation between total supply and max supply.
Max Supply is the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency.
Total Supply is the total amount of coins in existence. So it is the maximum amount of coins that can be supplied minus any coins that have been verifiably burned. The most common way to burn coins is when you send Ripple to a Bitcoin address or any other address that doesn’t support Ripple.
In any Financial market, the price is made by supply and demand. The demand for Ripple is represented by people who want to buy it. The supply is represented by people who want to sell AND by the creation of new coins.
Ripple has reached almost two-fifths of the total supply, there’s still a huge amount of new coins (around 60 billion) that will be supplied in the next years, so the demand needs to grow in order to sustain the growth of the price.

Looking at these 5 criteria, I would say that Ripple is not a bad investment. But wait, is there something that I’m missing? Of course there is! We also need to consider the most important factor: the price.

Let’s have a look at Ripple’s price at the beginning of each year:

2013 = $0.0058
2014 = $0.0277
2015 = $0.0242
2016 = $0.0062
2017 = $0.0065
2018 = $2.30
Today (28/02/2018) = $0.91

It is easy to see that there has been one fundamental year for Ripple: 2017. Let’s have a look at the growth year by year:

2013 = +378%
2014 = -13%
2015 = -74%
2016 = +5%
2017 = +35,285%
2018 = -60%

I think that more than one person became rich in 2017 with Ripple, but you can see that 2018 has started off on the wrong foot. Is it going to be like this for the rest of the year? Is there a chance that the price will go up and form a new high? It is hard to say.



If you open Ripple price chart on coinmarketcap, you can see that investors started to be interested in this cryptocurrency only in the middle of 2017. It is a relatively new market and it is hard to say if the price will continue to fall or it will increase and form a new high during the 2018.

So… is it a good investment?
Consider 2 different scenarios: the price goes up and the price goes down.
If the price goes up, the best scenario I can think of is that it reaches $10 during 2018. I can’t imagine a higher price for Ripple.
If the price continues to go down, it may reach the $0.15-$0.30 range that has characterized two-thirds of 2017.

In the first scenario, from $0.91 to $10, it is +999%.
In the second scenario, from $0.91 to $0.25, it is -72%.

The potential reward looks amazing, but the potential risk is also very high. We are talking about a cryptocurrency, after all.
What I suggest is to apply the first rule of any investment: diversify your portfolio. In this way, your risk to lose all your money will be lower.
Let’s suppose that you invest in Ripple only 10% of your total balance.

In the first scenario, from $0.91 to $10, investing 10% of your total balance, you get +100%.
In the second scenario, from $0.91 to $0.25, investing 10% of your total balance, you get -7.2%.

This looks much better. You keep the same ratio between profit and loss, but you are not risking to lose all your money.

Hope it helps Smiley
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February 28, 2018, 05:17:46 PM
 #14

I don’t follow the price of altcoins, but from your list, I didn't know about several currencies "Diamond, Dynamic and  NewEconomyMovement"
maybe the best alts from your list are "Dash and Cardano"
My Top 5 altcoins are:
1. ETH: King of tokens and best alt of bitcoin with $85,395,232,108 Market cup.
2. Litecoin: silver Cryptocurrency with $11,612,224,908 Market cup.
3. Monero: Future Cryptocurrency with $4,639,500,401 Market cup.
4. Bitcoincash 5. Ripple

.BEST..CHANGE.███████████████
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..BUY/ SELL CRYPTO..
godsavethebitcoin (OP)
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March 02, 2018, 01:02:47 AM
 #15

Nexus +179%  Grin
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March 02, 2018, 05:40:19 AM
 #16

Hello everyone! Every week I share on my blog the most interesting cryptocurrencies to trade. It is completely free and I thought I could share the article here so you can give me your honest opinion about it and you can also tell me what you would change (e.g. more than 5 altcoins or a shorter article etc.).
My rank doesn't allow me to share pictures yet.

1. Dash (DASH)
Dash is still one of my favorite altcoins. If you still have Dash from the previous week (at $608), my advice is to hold this altcoin. If you didn’t have the chance to buy it, you can consider to do it now.
 
2. Diamond (DMD)
$17 was the peak for the previous week, I think that this altcoin has the potential to go higher than $17, so I choose Diamond for this week too.

3. Dynamic (DYN)
This is a new entry! Today’s performance is -7.70% and this gives us the chance to take this promising altcoin at a discounted price.
 
4. NewEconomyMovement (XEM)
During last 3 weeks, this altcoin has been between $0.50 and $0.60. Now the price is $0.49 and the demand is increasing again, I don’t think it is a coincidence.
 
5. Cardano (ADA)
With a market cap of $10 billion, Cardano is one of the most popular altcoin among long-term investors.
Some investors expect to see Cardano over $10 by the end of the year. At the moment, I’m happy to take it for a few cents 🙂

 
With last week, I marked 10 good investments in a row. Let’s see how it goes with these altcoins.
As usual, remember that I’m only sharing my opinions and this is not a solicitation to buy/sell cryptocurrencies. Cryptocurrency trading has large potential rewards but also large potential risks, so use your head and do not invest money that you can’t afford to lose.

Good luck!

Link to the article: http://quoraforexquestions.com/the-most-interesting-altcoins-for-this-week-12-feb-19-feb/

Good list you have but where is XMR and LTC, those coin also have interesting price moving ( for invest not trade ), slowly but sure. Most people will agree with your list specially about DASH and XEM, look's good for long term investment. I only get from DASH but this March I'll start with XEM and I hope will created income for me.

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godsavethebitcoin (OP)
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March 02, 2018, 10:05:58 AM
 #17

I analyze demand and offer week by week to try to get the most promising altcoins in the short-term (days or weeks).
I agree that some altcoins are very good for long term investments, but, for the purpose of this thread, if I see that it is not convenient to take that cryptocurrency for that week, I just wait for a better price and/or better conditions.

I've just had Nexus +179%. After analyzing it again, I took my profits because the conditions and the price changed and it doesn't look convenient to me now. Even if I thought that it is a good long term investment (but I don't think so), for the purpose of this thread I wouldn't keep it, I would wait for a better price and/or conditions to insert Nexus again in my top 5 list.
boy130
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March 02, 2018, 11:45:23 AM
 #18

Cardano is definitely a high potential coin, I'd advise people to get in on it right now before it explodes like Ethereum did.

It's like Ethereum, but improved, allowing the production of decentralized applications that actually have utility, unlike Ethereum currently.
godsavethebitcoin (OP)
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March 06, 2018, 03:33:18 PM
 #19

It’s time again to analyze our last trades and see if we can find other interesting altcoins on the market!

Bitcoin Cash. Bought at $1,272, it closed the week almost at $1,300. Not a huge profit, but still a good choice.
Dash. Nothing really changed for this cryptocurrency during last week. It seems that it is following Bitcoin’s performances.
Decred. From $77 to $80, almost +4%.
Diamond. From $12.97 to $13.65, another good altcoin that gave us a small profit. Today, Diamond is facing huge losses, -14% at the moment. This gives us the opportunity to take Diamond this week again at a discounted price.
Nexus. This is what I wrote a week ago: “The total volume of buy offers around the current price is impressive!”. After two days, Nexus passed from $1.77 to $5.18, +193%!

PS: I “only” got +172% because I decided to quit the investment before it reached its peak.

Yesterday, I was analyzing new opportunities on the market and it was quite clear to me that many cryptocurrencies were overpriced. This is the reason I decided to publish the article on Tuesday (and not Monday). At the moment, this choice is proving to be right because there are just a few altcoins that are increasing their value.

Let’s see this week’s choices:

1. Dash (DASH)
As mentioned above, altcoins lost value at the beginning of the week and so we have the opportunity to take some of them at a discounted price. I’m choosing Dash again, this time at $578.

2. Zcash (ZEC)
Zcash is in a short-term downtrend, but the demand is high around $370-$380 and I believe that this will be enough to invert the negative trend.

3. OmiseGO (OMG)
This is a very strong cryptocurrency and a popular choice for many investors. It is in a good trend, but it’s been one of the worst altcoins for last week. I believe that it was just a correction of the market and OmiseGO price will start to go up again.

4. Diamond (DMD)
Today’s performance is terrible for Diamond, but it gives us the chance to take again this coin at a very tempting price. On top of that, the psychological barrier of 100,000 satoshis is near and represents a good support.

5. GameCredits (GAME)
The reason I choose this coin is the same that led me to choose Nexus last week: the volume around the current price is impressive. $2.23 is the current price and is increasing very fast.

Another good week! Small profits with most of our choices and a very nice and huge profit with Nexus. I leave you with my usual recommendation: remember that I’m only sharing my opinions and this is not a solicitation to buy/sell cryptocurrencies. Cryptocurrency trading has large potential rewards but also large potential risks, so use your head and do not invest money that you can’t afford to lose.

Good luck!

Original article here: http://quoraforexquestions.com/interesting-altcoins-week-05-mar-11-mar/
LeonardoDiCrypto
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March 06, 2018, 04:05:33 PM
 #20

Well, NEM (XEM) has been so much devastated in the price that it obviously starts now to become interesting. As for the other coins, some of them I've never heard about them, and others like ADA seem to me very expensive...
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