My Crypto-Currency Portfolio Heading Into 2018
With 2017 coming to an end, I can now officially say that I've been in the crypto-game for a year now. It's been a good year! I've made some good moves, made some stupid moves, and learned a lot along the way. 2018 is just around the corner now, and everyone seems to be convinced that it's going to be the year of crypto. Personally, I'm bullish and think that seems to be likely. So, with that said here's my portfolio heading into 2018.
Bitcoin Cash
I recently starting holding Bitcoin Cash instead of Bitcoin. It wasn't really for political reasons, or because I've chosen a "team." The main reason is that I have a fixed amount of Fiat that I can invest into crypto-currency. At this point, my finances only allow me to dollar-cost average in a fixed amount twice per month. When I was dollar-cost averaging into Bitcoin, I found that it was costing me up to $30 to move it off of the exchanges. For someone who has limited amount of Fiat to invest, I cannot afford to lose $30 of my investment to fees. Hence the reason why I now hold Bitcoin Cash.
Litecoin
Simply put, I'm holding Litecoin because it is my favorite crypto-currency. I know that there's some redundancy here with Litecoin and Bitcoin Cash, but I cant' help but sort of be a Charlie Lee fan-boy. I think Litecoin has solid fundamentals, and has a solid team behind it that can execute. Honestly, I wouldn't be surprised if it ended up pulling an Ethereum in 2018 and jumping from the $300 price range to up around $800. I could be wrong, but after doing the math it's entirely possible.
Ethereum
I'm a huge fan of Ethereum. I think it has the potential to change the world. I also think it's entirely possibly that Vitalik Buterin is a robot, but that's another story. Anyway, he's the kind of guy I want behind something I'm invested in. When I look at Ethereum, and see what the Blockchain is capable of I'm astounded. Enough said.
Cardano
This is one that I'm dollar-cost averaging into on a monthly basis. I'm holding this one long term because I think Cardano has the potential to build upon the work of Ethereum in a big way, and other's who I respect and listen to seem to agree. It has a fantastic white paper, a realistic roadmap, and a solid team behind it that can execute. Charles Hoskinson, the CEO of Cardano, is also the former CEO and co-founder of Ethereum. The man definitely has the credentials for Cardano to be successful.
Verge
Verge is the first privacy coin that I've invested in, and I'm a pretty big fan of it. One, because it's still extremely affordable. You can pick up Verge for about a quarter. I like Monero and ZCash, but again, fixed amount I can invest. Two, I'm a fan of Verge's tech. Verge obfuscates users IP address by utilizing Tor and I2P. Users also have the ability to make transactions on the Verge Blockchain Public or Private by using the Wraith Protocol. Users also have the option to utlize two different Electrum Wallets - The Verge Core Electrum Wallet, or The Verge Electrum Wallet with Tor. Third, John McAfee likes it, so that's all that matters...
Status
An Ethereum DAPP. Status is a mobile Ethereum OS that plans on giving users the ability to browse, chat and make payments securely on the decentralized web. They're also planning on offering the Status Hardwallet, which allows users to store Status Tokens, Ether, and other ERC-20 Tokens. That's kinda cool.
OmiseGo
OmiseGo is another one of my favorites. OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets, that enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network and digital wallet framework. Vitalik Buterin, the Founder of Ethereum is also an Advisor for OMG. That's enough to sell me.
0x
0x is a protocol built on the Ethereum Blockchain that allows users to trade tokens. Being of the more Libertarian/Anaraco-Capitalist stripe, I'm a huge fan of decentralization. When I learned that there was a Decentralized Exchange out there, I was immediately interested. I think this has the potential to be massive in the future, because I've started seeing a trend of people growing more and more disenchanted with Centralized Exchanges.
That's it for now. What does your portfolio look like heading into the New Year? Happy HODLing!
@originalworks
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Some similarity seems to be present here:
https://medium.com/singulardtv/omg-to-sngls-airdropping-airdropped-tokens-7ca9f72d0f8
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