If you are looking for a potential homerun of 10-20X+ returns to stash in your portfolio over the next few years, take a look into Bread App. Bread APP is a developing a decentralized financial services platform with a simple and secure wallet for every day banking needs. It is the fastest growing Bitcoin wallet and is now active in over 120 countries.
There are many coins on coinmarketcap.com's top 250 list that hope to one day succeed. Many of them are built on hype of what they hope to become. They have white papers, development teams and twitter noise, but they do not even have a working product. Bread App is an already established business with over a million downloaded apps from ITunes and Google Play with a market cap of only $78 Million. They have a great leadership team with Charlie Lee Litcoin's Founder as an advisor. (He helped build Coinbase)
This is not financial advice, but why did I add this to my portfolio and why I will add more over the next few days as the market is likely to finish its correction? Simple! Coinbase has over 10 Million users, Binance over 6 Million users and the market continues to add millions of users per month. These are both currently valued at well over $1 Billion and that number is likely to skyrocket shortly. (Binance was recently listed at well over $2 Billion. Coinbase is expected to have doubled its most recent valuation of $1.6 Billion See article below) Bread recently jumped to $200 Million and his retraced back to $78 Million which to me is a great entry. I expect it to fall slightly further for an even better entry point for my long term holdings.
As new people come into the market to invest and ultimately begin to adopt the new technology they will need a wallet. They will also realize two things: It's not so simple to track everything and its not always so secure. Bread solves both of these problems in a simple APP that currently supports Bitcoin and is finalizing ERC-20 Tokens. (With Charlie Lee as an advisor one would have to surmise that eventually Litecoin will be added as well) Google figured this out as they were not just a search engine like the others, but their platform was the gateway to the internet. The gateway to the future of decentralized banking will be the wallet. There are many wallets out there, but not many that are simple, secure, completely decentralized, with a full range of financial services that includes: purchasing coins, decentralized asset exchange, direct deposit, peer to peer lending, automated bill pay, long term savings etc.. The future of banking right from your phone!
Their business model is unique in it partners with financial companies that are compliant in each region so it has no limitations across the globe. Bread does not have your information stored anywhere. Services are just connected on the block chain with small fees so they can give you access to financial services but no one has access to any of your information making your ownership absolute and completely secure.
While still speculative it is: a great project, a working product on the Itunes and Google play stores with over 1 million users in 120 countries and rapidly growing, fits all the long term market trends of crypto and is so far on its way to executing on becoming a leader in decentralized banking. To me, this makes it a perfect time to add Bread APP at only $78 Million and hopefully less over the next few days. I believe it will be a winner and is less likely to fail than many other low market cap investments.
Give me some Bread! Bread can be found on Binance https://www.binance.com/?ref=16733320 if you are not on the platform.
Get ready for the run!
@Cryptolegendhodl AKA J$
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Twitter: @Legendcrypto
https://www.recode.net/2018/1/22/16911692/cryptocurrency-bitcoin-trading-coinbase-revenue-secondary