Revolutionary technologies tend to create new markets and industries with incredible opportunity. Bitcoin and Crypto have succeeded with new exchanges trading 24/7/365 across the globe. The average person with no experience is looking to get involved with Financial Institutions and business's foaming at the mouth to take advantage of the new trend. I even posted a recent blog Grodon Gekkos's style posing a very serious question "It was better than sex" Is crypto currency? https://steemit.com/vincentb/@cryptolegendhodl/crypto-currency-better-than-sex
If we have learned anything from the technology bubble of the late 1990's to early 2000's, we know at some point the irrational exuberance of a bull market for every crypto will end and the best of breed with real world use will win. Right now trading or investing in Crypto is like Maury Ballstein's quote "Mugatu is so hot right now he could take a crap, wrap it in tin foil, put a couple of fish hooks in it and sell it to Queen Elizabeth as earrings." In order to sleep at night, long term investments need to have true utility in the global business world that solves problems and a competitive advantage.
Here are my personal picks for long term investment success. Not Financial Advice, just my opinion Disclaimer: I own all three of these in my portfolio!!!
The famed Jim Cramer always says that Long Term Investments are best utilizing long terms trends. Here are some trends that lead me to these picks:
- China is a growing economy and likely to be #1 in the future
- China typically uses its own products
- Decentralization, Privacy and Security are vital
- Scalability will be needed as the market reaches adoption
- International Cross Border payments for person to person and corporate payments
- Quick, Secure and Fast payments
These three fit many of these long terms trends and have no pun intended Stellar leadership and development teams.
NEO - China's Ethereum or Maybe just "The One"
- China will become the largest economy in the world
- China typically only uses its own products
- Great platform w/ Digital Asset Exchange, Smart Contracts, ICO's, DAPPS, Digital Identity
- Partnerships with some of the best up and coming companies in the US and Asia
- Gas Dividend
NEO is now Ranked #8 at $9.57 Billion (It has made a nice run, but with 27 new ICO's and serious rival to Ethereum at $101 Billion Market Cap, it has room to run)
Bitshares - Godfather of Decentralized Exchange
- Major issues of Privacy and Security
- Growing demand of decentralization - This will eventually be major corporations
- Need for scalability
- Bitshares solves all problems for the future of Decentralized Exchanges
- Can handle the load of Visa and MasterCard combined (Other platforms cant handle Kitty's)
- Incredible team of Stan and Dan Larimer (EOS & Steem)
Bitshares (BTS) is ranked #36 at $927M (With its recent pullback from $1 to $.30, I would be adding here as 2018 will be the year of decentralized exchanges. Bitshares has the potential to be the biggest and most widely use in the real world)
Stellar Lumens - Distributed Payment Infrastructure for Cross Border Payments
- International Payments are slow and expensive
- Changing currencies in every country to one currency is very complex
- Stellar Lumens solves all for person to person payment and business backend needs (Could handle up to 60% of all cross border payments in 2018 alone according to IBM)
- Strong partnerships with IBM and Deloitte (Many new partnerships likely to be announced shortly)
- Great leadership team led by Jeb McCaleb
Stellar Lumens (XLM) is ranked #9 at $9.3 Billion (With its recent pullback from $.96, even though it has recovered to over $.50, it is still very undervalued relative to its future growth. Major partnerships with IBM, Deloitte, recent news articles in Time / Money projecting $183 Billion Valuation from Wall Street Experts, this is a great long term opportunity.
http://time.com/money/5104082/meet-stellar-the-cryptocurrency-poised-to-be-the-next-bitcoin-and-ripple/
All three of these investments fit the long term trends, are developing great brand recognition and are well positioned for the future which is why for me they sit in my long term portfolio. Honorable mention would include Fun Fair. Real world business use in the multi-billion dollar casino world solving a serious problem of trust and decentralization while taking a rake from all games played! Mike Novogratz is a big investor which will bring large institutional money. At only $468 Million Market Cap, it is a great long term pick.
Comment if you agree or leave a long term pick of yours in the comment.
Keep the faith as Crypto can change the world and see you on the moon!
J$ Aka Crypto Legend
IG: @cryptolegendhodl
Twitter: @LegendCrypto
Get access to Binance: https://www.binance.com/?ref=16733320
*This is not financial advice, just my opinion and what I am doing