Theta crypto performs similar function of BTT

in #altcoins7 years ago

theta.png

I was thinking about this point that BTT token serves as incentive for Bittorrent users to give their computers for uploads and downloads. According to Tron founder, BTT network would make tron blockchain faster, as all those millions of Bittorrent users would give their computer space for data for Tron blockchain to pass and stuff. Right this is old news, and I lost faith in Tron, because somehow feel that its been going on hype, but this write up is not to talk on Tron.

I was going through price of cryptos on coinmarketcap and found cryptos like Theta and Ark going up often and studied them and they both have made the cut for me to invest on them. Theta token I understand performs similar function like BTT. Users would be rewarded with tokens for opening up their computer bandwidth for download of content from Theta blockchain, which would be mostly video content. And yes, I found this very interesting!!

I searched hard for Theta news like why its price is shooting, and also for Ark, I did not find fresh live news, so there’s no hype created. The mainnet launch of theta network would happen next month on 15th March and I am expecting that the price should shoot so I invested money on Theta yesterday. When all crypto prices were down yesterday, Theta was up 5% yesterday.

The best thing is I put my Theta tokens in Theta mobile wallet that is only available now provided by Theta development team and I don’t need to worry about the token complications that would arise due to mainnet launch when Theta’s ERC tokens would become Theta tokens, as the tokens in the wallet would be converted and rewarded automatically. This is great because last year EOS and Tron were complicated when mainnet launch happened had to put the ERC tokens into exchanges that support the mainnet migration and I lost out in EOS since I did not transfer my EOS ERC tokens into exchange before the migration deadline and those tokens are lost for ever): , its ok, we learn by mistakes.

Anyway, Theta I bet would shoot up in the coming days. I also think, ETH and BNC would go up and BTC would be stable. I have my eyes on Holo, Punditx, Ark as well. LTC is great for long time investment, it has potential to skyrocket moderately but its a fairly mature coin, so can’t shoot like the younger less known coins. There are several fine coins like Dogecoin, Engine coin, VeChain that I feel are good investments too, that don’t go so down when the market gets down.

For now, would take it slow and have investments on THeta, ETH, Ark, Holo, VeChain, BNC, Dogecoin and Engine COin. It will all be small amounts of money, and I am just going to play with the money I can afford to lose.

If the market goes up - expect ARK to shoot, it’s already doing that often, I am hearing that ADA is good for long term investment, but I really disappointed with their wallet Dealus or something could not install in my computer so left it but anything could happen in crypto and all this is just my outlook, I am not yet a investor whose managed to make money but I hope I would learn and make money!!

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