3 Best and Cheapest Coins For Long-Term Invesment

in #coins7 years ago (edited)

If you have money and want to invest for long-term, you are at the right place.

I have been searching for months to invest in coins. Finally, I decided to invest in these 3 coins that they are very cheap now. I chose them because I have valid reasons. Let's detail:

3)Siacoin (SC)

"Every two days now we create as much information as we did from the dawn of civilization up until 2003." says Google CEO Eric Schmidt in a panel in 2010. [1]
90% of the data on the internet has been created since 2016, according to an IBM Marketing Cloud study. [2] This also means that the humanity needs more spare memory ever. At this point, Sia presents a solution.

Sia is a platform for decentralized cloud storage. Its main objective is to introduce storage into the shared economy. This platform offers reliable, inexpensive and high-growth cloud storage solutions. Under this configuration, it is possible to free the unused storage of the world and unite it in a free market. For example, if you have free space in your computer disk, you can rent it out. By the way, unused storages will be used all over the world.
In addition, more money is spent on storing data each day [3]:

Because of all these reasons, I believe that number of hosting companies will increase and their rate will raise in value in very close future.

You can also find more information the links:
==> https://www.crypto-economy.net/what-is-siacoin/?lang=en
==> https://steemit.com/blockchain/@bmark/siacoin-a-good-investment-my-empirical-knowledge

2)Voxels (VOX)

More than 1.2 billion people are playing games worldwide, according to a state of the industry report by Spil Games. Of those, about 700 million play online games[4]. How big a market!!!

You can also check populer videos on youtube; you will realize that most of the populer videos are game/game playing videos.

After talking about how much size of the computer games market is, I can start to talk about Voxels.

Voxelus is a platform that allows anyone, anywhere to create, share and play virtual reality games and experiences without writing a single line of code. Voxelus includes a bundle of free assets that you can use to design.

The Voxel Foundation’s primary mission will be to engage in a global developer outreach to help create new assets, APIs and applications to connect the Voxel blockchain to the $100 billion gaming industry and $800 billion global entertainment market[5].

I know that the people spend more money for their entertainment than their other needs. So, investing in Voxels makes sense.

1)Ripple (XRP)

This is my favourite coin. I spent more money to buy ripple than others. Because:

-Ripple XRP is the currency used in the payment network for all transactions, reducing the time and money associated with cross-border payments. Each transaction through the system is processed in only four seconds. For comparison, Ethereum takes more than two minutes, Bitcoin over an hour, while traditional systems can take between three and five days.

-In addition to being fast and scalable, the Ripple network also offers low transaction fees. Because of its benefits, the system is already being used by more than 75 financial institutions across the globe [6].

Source of the picture: [6]

There are much details about it, but this is a summary.

The fact that ripple price depends on its market. I mean if Ripple can get more banks on board and transform the financial sector with its payment network, you can expect the price to skyrocket. If the opposite happens and investors don’t pour their money into Ripples, the price can experience a massive drop.

In my opinion, ripple offers faster, more secure and inexpensive transactions. So, many banks will be agreed to use this system.

References:
[1] https://techcrunch.com/2010/08/04/schmidt-data/
[2] https://blog.microfocus.com/how-much-data-is-created-on-the-internet-each-day/
[3] https://www.statista.com/statistics/383545/worldwide-it-storage-spending-forecast/
[4] https://venturebeat.com/2013/11/25/more-than-1-2-billion-people-are-playing-games/
[5] https://www.quora.com/What-is-the-future-of-Voxel-cryptocurrency-How-much-will-it-worth-in-2018
[6] https://www.androidauthority.com/what-is-ripple-819806/

Sort:  

Congratulations @engeco! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You published your First Post

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @engeco! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got a First Vote

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @engeco! You received a personal award!

1 Year on Steemit

Click here to view your Board of Honor

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @engeco! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.16
TRX 0.14
JST 0.028
BTC 59274.98
ETH 2600.78
USDT 1.00
SBD 2.44