Waves - Coins Worth Taking Risks On #3 - Lease Waves For A Passive, Minimal-Risk Profit - Places To Diversify BTC At This All-Time High

Waves is a decentralized platform for issuing tokens, not unlike Ethereum. In fact, describing it as Ethereum's little brother might be an accurate statement. It allows anyone to issue tokens, similar to the ICOs that take place on the Ethereum network, via smart contracts.

Waves has been traded for over a year, and is situated at #14 on the CoinMarketCap list:

Unfortunately for those of us looking to buy, Waves has already seen some impressive gains lately and can't be argued to be a bargain on technicals alone. It may be a reasonable spot to stash Bitcoin.

Having said that, despite the high US $ price, if your denominator is Bitcoin, there may be some decent support for Waves around .001 BTC as highlighted in the long-term chart above.

Waves has a user-friendly wallet with fast transactions and very low fees. The wallet also includes a DEX (decentralized-exchange) where you can trade both Waves and any tokens issued on the Waves platform. This is an excellent feature that you often don't think you will need until it is too late, like a fire extinguisher. If external exchanges fail, Waves can still be traded.

The most interesting feature of the Waves wallet is the leasing function. With just a few clicks, you can lease out your Waves to someone running a full Waves node, which requires 10000 Waves. This is usually a pool, similar to Bitcoin mining pools, and they will pay you out a steady lease fee every week for your Waves, and you will also receive a share of any tokens running ICOs on the Waves network as well as any special tokens assigned to you via the pool, such as MRTs, which are special tokens given to miners who solve blocks.

I was able to lease out my Waves within moments of requesting a withdrawal from Bittrex. All you need is a mining pool address.

@financialcritic wrote an excellent write-up on real-world leasing rewards here.

Long-term risk level: Medium. Waves could theoretically be made obsolete by Ethereum, or even Neo.
Short-term risk level: Medium-High. This coin is near all-time highs, in US $, and its lower price in Bitcoin comes amid new all-time highs in Bitcoin as well.
Suggestion: Set escalating limit-buy orders far below market at prices you are comfortable with, then forget about them until filled. Once filled, relocate them to the Waves wallet Chrome app and lease them out for a profit and increased security.

If you would like a far better, in-depth description of Waves, please see @thecryptofiend's post here.

Disclosure: I currently have no buy orders for Waves, as the 521 in my wallet were purchased previously.

Please let us know in the comments if you have any questions, concerns, or ideas about properly pricing this coin!

Note: The above does not constitute investment advice, and I am not an investment adviser. Do your own due diligence. My returns may not be worth mimicking, so choose to follow my entry points at your own risk. I do not advise trading, but holding coins you believe in off-exchange.

Sources: @thecryptofiend, @financialcritic, https://wavesplatform.com/, Blog.wavesplatform.com, Coinmarketcap, Cointelegraph, Wikipedia, Bittrex, Google