So here is some inside scoop on my latest strategy to invest into crypto.
What are current facts:
Bitcoin, Ethereum, Monero, Zcash and all the major currencies have quickly moved up. Now the growth potential is not as insane as it could have been had you bought these < $10 price. Another way to enter a coin is through ICO but these days, good ICOs have been really difficult. If there is a bad ICO, it might have a brief pump and unless you get out of that really quickly, you would end up holding bags for a long long time. Many of these projects will not reach fruition too.
So, how should one increase chances of finding insane rallies?
- Study the project
- The project has to have a first mover's advantage
- ICOs of good coins, are good
- Find good airdrops and stick with it
- Find coins on coinmarketcap with marketcap of $500K to $5M
- Try to mine those coins if these are PoW or buy on the market if you see that the project will bloom later
What is my current choice?
Undoubtedly it has to be DeepOnion.
Free accumulation by airdrop is always good .!! :)
Currently the marketcap is <$3M and the profit margin is really really high. Its anonymous coin and has got a great community. We know that recently government is trying its best to know what are you doing. So anonymous transactions are important. What is its competition? Monero, Zcash, PIVX who have >$100M cap. So not much growth potential. XSPEC, ZEN, ZOIN, ZCOIN? All are pretty small in terms of marketcap and all are good to invest in. I believe that DeepOnion is the only one which is not on bigger exchange yet (I consider Cryptopia to be a bigger exchange too). All of these coins are about 70-90% of the all time high so, it might not be a great time to enter. But what if you can get in quickly without spending money?
DeepOnion is distributed in airdrop. The price of Onion has decreased from $4.5 to <$1 which is a really great opportunity to buy. Even given today's cheap cheap price, the $value per airdrop is about $300 per week !! this is insane. IF you either buy onion now and even join the airdrop for abotu 28 weeks left in airdrop you can possibly get $300*28 = $7400 worth coins in next 28 weeks. At the same time you can stake those.
DeepOnion is yet to hit a big exchange! The roadmap of deeponion project seems pretty solid.
Looking at the chart of DeepOnion, all I can see is that the price has found its floor.
So there is hardly any risk and amazing upward potential! So.. That is exactly my strategy. It makes perfect sense to accumulate DeepOnion now and wait until it hits a big exchange or the roadmap gets satisfied!
Good luck making some money :)
So I hope you join us sooner. Dont miss the boat my crypto buddies !
The Currency name is ONION.
Website : https://DeepOnion.org
DeepOnion forum: https://deeponion.org/community/forums/
Airdrop application link: https://deeponion.org/apply.php
Link for Coinmarketcap: https://coinmarketcap.com/currencies/deeponion/
Twitter: https://twitter.com/DeepOnionx
Facebook: http://facebook.com/deeponionx
Reddit: https://www.reddit.com/r/DeepOnion
Chat with us Slack (invitation link) : https://slackinvitedeeponion.herokuapp.com/
Bitcointalk Profile:
https://bitcointalk.org/index.php?action=profile;u=889971
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