Long title.....
I have done some searching around, actually taken some of these cryptocurrencies as investments to see how they perform, and I have come back with results.
We all want that magical cryptocurrency that will jump from $0.01 to $1000 when we own 10000 units of the stuff. Then we'd retire and love on the Bahamas forever.
While this sounds convoluted and impossible, believe me, it's possible.
Ok, not the way I depicted it. But it's totally possible to make a living off of just trading cryptocurrencies.
But which ones, you ask?
Let's find out!
PS: I know I shouldn't include this because you guys are already so smart, but remember that this isn't financial advice, and you shouldn't spend your hard earned money on something just because someone on the internet said it's a good idea. These remain my ideas, and should be respected as such.
Ok, let's get started!
1. OmiseGo (OMG)
OmiseGo is a cryptocurrency created by a real world company called Omise. It provides payment solutions to thousands of merchants and has been featured in Forbes Thailand previously.
OmiseGo has a very simple plan. And this plan is to ensure that all the unbanked people in the world are able to send and receive money in any manner quickly and with as little fees as possible.
Believe it or not, over 2 billion people in the world remain unbanked because of various reasons. Many of these people actually own phones, but they don't have bank accounts. OmiseGo wants to be their gateway to the financial world, and I believe they can get there.
2. Basic Attention Token(BAT)
There's a problem in the advertising industry. Brave wants to change that.
I don't believe that BAT needs any introduction. It's the number one contender for best coins that rewards its users for using a service or the other.
Brave understands that users or the internet are constantly being targeted by advertising companies, and their data is constantly being harvested.
That's more or less a norm in the world we live in today, but Brave says that it isn't fair. They want to change up the orientation of things a little by offering payments to users for viewing ads. These payments are made in BAT tokens,the native crypto of the platform.
With the influx of users coming this year, I am a strong believer that BAT will moon this year.
3. PANTOS (PAN)
This is a seriously interesting project to me, and I have personally bought and held this coin because of its untapped potential.
Pantos is a cross chain cryptocurrency developed by BitPanda.
Cross chain as in it can enable transactions between multiple Blockchains. Say allowing transactions between the Bitcoin and Stellar Blockchains.
It's an amazing and futuristic project, and as such I have included it here.
Do you have any projects you believe in yourself? Let me know them here!