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RE: QUESTION: What are some promising but undervalued Cryptos?

in #cryptocurrency8 years ago (edited)

I have been trying to diversify my portfolio too but I keep coming back to bitcoin as the best way to diversify. Alts in my opinion are a punt. Of the top 20 coins I think dash, monero, steem, ETH all offer something different and valuable.
I agree with your point on maidsafe and I would add two more to check out. Augur and factom.

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There seems to be lots of interest in Augur, but I wonder why people aren't flocking to Bitshares, which already has prediction markets. Could the reason be that people need both a solution and hype to be able to believe enough to invest in flock? Actually based on valuation, it looks like people value uncertain promises + hype more than actual solutions. That's uncomfortable to me, because I find it difficult to estimate the effectiveness of hype, which seems to be an important part of the potential. Then I end up owning coins of projects that have delivered, but for which there is little demand.

Thanks for pointing out Factom. I must have a deeper look at it.