Now a lot of attention is paid to short-term speculation on the crypto-currency market. However, at some point in the future interest in speculation will be replaced by an interest in long-term investment. When this happens, your crypto-currency portfolio should be ready for it.
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If you are not an experienced intraday trader and not a fan of extreme stress, it makes sense to invest in tokens that have long-term value, rather than rush from one fashionable crypto currency to another.Determine the real value of a particular crypto currency is not easy. Therefore, it makes sense to ask what the people who devote all their time to working on cryptology put on.
Here is a list of crypto-currencies that five Crypto Market players intend to keep in their portfolios (and not to reduce the size of the position), at least for the next two years.
Logan Kugler, managing partner of General Crypto
Ripple: Over time, the Ripple protocol can replace SWIFT, completely changing the mechanisms of international money transfers. Why will this happen? Now the international money transfer goes a few days, and the commissions for it are huge. With the help of a ripple, you can send money in seconds, the cost of such a transfer will be extremely low.
The market is huge (SWIFT runs 5 trillion dollars a day), the technology is already ready (Ripple is working on it since 2012), a world-class team works on the project, partnership agreements with almost 100 banks have been concluded, and several pilot projects are already launched.
Factom: The Factom protocol assumes the ability to create unchanged records. This can be a real breakthrough for the trillion-dollar mortgage industry, change the principles of working with bank and audit documentation, with huge databases of retailers, film catalogs of studios such as Warner Bros., or government archives.
Monero: When bitcoin only appeared, its owners were promised anonymity of payments. It turned out that he is not as anonymous as many people think. Who owns one or another purse, you can really keep a secret, but transactions can be easily tracked. Therefore, if someone becomes aware of the relationship between the electronic wallet and your identity, your transactions become as transparent as regular banking. Use anonymous coins, of which Monero is best suited to protect privacy. It automatically encrypts your address every time, so you do not have to worry about that your transactions will leave a trail.
Spencer Bogart, Managing Director and Head of Research at Blockchain Capital
Bitcoin: He proved his ability to work effectively in several niches, each of which opens up huge market opportunities. Amazon (NASDAQ: AMZN) first proved that it can effectively sell products on the Internet, and focused on developing this direction before tackling other markets. I think that the same will happen with bitcoin (Bitcoin).
Monero: If I were forced to choose one factor that bothers me most about bitcoin, I would call the lack of confidentiality. Each bitcoin should cost as much as any other bitcoin, regardless of who owns it before you or what has done to it. At the moment this is not a big problem. At the same time, Monero is a good defense against this risk.
Lightcoin: If bitcoin is gold, then it is silver. The lightcode code (LTC / USD) is so similar to the bitcoin code that it can be used to develop and improve the network of the latter. This is a great advantage compared to other coin, created from scratch. If a catastrophe occurs with Bitcoin, a significant portion of the capital invested in Bitcoin is likely to go to lightcoin.
Rafe Furst, Investment Director The Crypto Company
Dash: The period when bitcoin was that unique crypto currency, with whose help the investor entered the cryptory, is coming to an end. But what will replace it? It can be a lightcoin, Zcash, Ripple or Monero. I prefer Dash for its flexible, decentralized protocol and focus on user convenience. For example, in 2016, the Dash community took only 24 hours to approve the proposed increase in the block size, the bitcoin community had to solve the scalability problem for three years and the debate ended in a hard-core.
Ethereum: The ether (ETH / USD) will not replace bitcoin in terms of functionality, but the Ethereum protocol will continue to play the important role that it performs now - the role of the tool for concluding "smart contracts" and master-blocker for creating new tokens.
Steem: Imagine that your messages in social networks bring money depending on how popular they are. Imagine that you get money for creating new trends and managing the content published by others. And what if the authors had 100% ownership of the content and there would not be advertisers or any other interested persons between the authors and their fans? Steem is the first token that works on this principle. Reddit, Medium and even Facebook (NASDAQ: FB) it's time to get worried.
Romano, a Twitter-popular cryptotrade and leading developer of Viacoin
Stratis: The project simplifies the creation of a block for businesses. The protocol offers simple and affordable end-to-end solutions for developing, testing and deploying your own blocking applications in C #. You've probably seen news that a particular bank is starting to use blockage. These banks do not use blockade bitcoin, but a private block, for example Stratis. Now the project is in talks with many large companies, such as Microsoft, Jaguar, Reuters, Cashaa, AIA Group, RBC Capital Markets, Deutsche Bank, etc.
Decred: The project will soon introduce the technology of Lightning Network - a network of payment channels that allow you to make many transactions without writing each of them to the blockbuster. The technology allows you to make small transactions almost instantly and without commission.
It is worth noting that the creators of the project Decred used much of what led to the success of Dash. However, Dash has a lot of external financing and the project is accountable to investors), and Decred receives funding from the reward for creating the blocks and is accountable only to users. Decred uses a decentralized vote, the project team includes the lead developer of lightcoin Charlie Lee, and the project code looks clean and beautiful.
ZCoin: While many koinas are called completely anonymous, they are not. Completely anonymous only ZCoin, and I think that at some point the market will understand this and the capitalization of this token will come close to Monero's capitalization. Now ZCoin looks undervalued, its market capitalization is only $ 35 million, while the Monero capitalization is $ 2 billion.
Squeeze, Twitter's popular cryptotrade
Civic: This is a secure identification platform that uses the same token. The project is headed by South African Internet entrepreneur Winnie Lingam. Thanks to his connections and influence, many sites have already started using Civic. For this type of verification, it is very important that the project is popular among users.
Tezos: The project held the largest to date ICO, it was able to attract 230 million dollars. He is supported by celebrities, including billionaire Tim Draper. It uses the Delegated Proof of Stake algorithm, and can also conduct anonymous transactions. In the future, this technology can be replaced by another one. In addition, using the Tezos protocol, you can create applications, similar to the way it is based on Ethereum. I have no doubt that in a year the market capitalization of the token will reach one billion dollars.
Lisk: One of the tokens-outsiders, many simply did not pay attention to it. Now the capitalization of Lisk is 689 million dollars. He, like Tezos, uses the algorithm of delegated share confirmation, which confirms transactions and conducts voting on the development of Lisk. This year the project plans to release SDK for the development and implementation of block-applications (smart contracts). The project has a strong development team and they have enough funds ($ 62 million) to last for dozens of years.