Make Money While BTC Is Lagging
With Bitcoin faltering from a FUD overload brought on—in part—by BitCoinCash forking fears, and the rest of the market pulling back from previous highs, it's hard to know what altcoins to buy (if you aren't a BTC buy&HODLer). The altcoin market drops harder and faster than BTC. And it even drops when BTC is on a bull run, because people sell everything for Bitcoin and ride the wave.
One of the most trusted altcoins in existence, Litecoin, is getting a lot of chatter lately. While it may just be a testbed for what Bitcoin could look like in the future, and never reach the same price-per-coin, it's still an extremely solid technology and development team. LTC has been working on the Lightning Network and Atomic Swaps which would allow instant trading between the Bitcoin and Litecoin blockchains, as well as Vertcoin which is listed on their roadmap.1 It may also be what was hinted at by the cryptic countdown page on the MIT site (here ) which is currently and mysteriously down... Litcoin does look like it's ready to go up, so I recommend buying the rumor and selling the news on this one!
One of the interesting recent coins/ICO's that's been doing extremely well is Metal (MTL). They offer a digital wallet and payment app, something we're all familiar with (Venmo, Circle, Mobi, Abra, etc) combined with a "gamified" crypto-backed cash back system that pays you 5% MTL coin "cash back" for purchases and when sending money. You can buy other crypto's through their wallet and earn bonus MTL. The coin has been consistently gaining value since it's initial post-ICO dump and pump. Moving up even as BTC tanks amid the FUD, MTL seems determined to keep rising:
Comment below to let us know if you've got another altcoin that will make a strong investment that's going up while the BTC market flounders waiting for August 1st.
Source: 1
If you do invest and turn a profit, feel free to thank me ;)
LTC: LaDLZRZbm5fsrDK3CMvvekjmSUxiE47Kzm
MTL: 0x00b673b0ea1afae1f69b403eab622ebe59a77f2d
I've been more excited about LTC since Coblee went back. I got some metal after hearing your recommendation. My most recent purchase was Lisk, and I'm interested in Blocktix which had some problems with their token distribution due to the Parity Multisig hack. They still have some held by a whitehat that they hope to recover.
Lisk feels like it has good long term potential. I wonder if Blocktix will be priced lower because of the hack; might be a good time to invest?
The crowdsale ended early (yesterday) because of the hack. They didn't reach their full $7.7 million goal. They hope to have TIX added to exchanges by mid August.
LTC does seems like a solid hold for the long term. I have never heard of MTL, thanks for turning me onto it.
Lots of BTC FUD in the air:
✘Ethereum Parity Wallet
✘Bitcoin Cash BCC
✘BTC-e & MtGox Unfolding Situation (BTC-e offline)
✘SEC Announcements about ICO (DAO)
✘AlphaBay
✘Unknown protocol outcome in next few months
pheww
All publicity is good publicity!
It seems like every week there's a list of FUD at least that long, and yet BTC keeps rolling along! Actually, considering the amount of scary news, it's a good sign that BTC is still above $2,400. It doesn't seem like it will ever drop back to $1,880 like last week. Even ETH is holding strong throughout.