What is Your Favorite Actively Traded Crypto Currency for the Rest of 2017?

in #cryptocurrency8 years ago (edited)

Today a Peer Asked Me, "Randy what is your favorite active Crypto Currency for the rest of 2017".

I did not even flinch and said, "Stratis". We have been accumulating Stratis since early May when one of my friends pointed out to me that they are meeting every development benchmark on their roadmap. This is a great sign since we have been let down by dev teams repeatedly over the years when they promise a Ferrari and deliver a Ford Pinto.

So I spent May trading my Stratis and now we are 100% in the money enjoying this wild ride. As I said in my post, "My Three Big Crypto Currency Trades for June.", I will not be selling my Stratis. We recently had a very nice pullback where I decided to buy a few BTC more worth of Stratis with profits from other trades.

I believe another big price move will be when the dev team delivers the Breeze wallets with built in tumblers. I don't know what the price will be in December but I have my fingers crossed for $50-$80 as long as they continue to hit the goals on their roadmap below and the world of Crypto Currencies does not take an unforeseen hit.


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What are Your Top Crypto Currency Picks for the Rest of 2017?

I know many of you will choose Steem and Bitshares since we are on a platform that heavily leans to that development team but it would be nice to hear some objective opinions of projects other dev teams are working on.

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It's good to see posts like this that get input from everyone. I'm going to go out on a limb, but NXT and LSK for the next few months.

LSK was the best performing ICO I ever took part in as far as profit. If that was possible every time I would buy into every one.

Wouldn't that be nice!

agree with you... sadly from my country I don't have direct access to any crypto currency...

Pivix and Ark have a lot of potential.

I own Ark also.

Nenio, why Ark or Pivix? Would love to hear your thoughts. Trying to get into some smaller cryptos right now.

Pivx is a fork of dash, and it is PoS and uses the masternode model of dash. If you see the price chart, and its price has drop a lot. The technology of Ark is interesting.
There are many sites that explain in detail these coins.

Thanks! It's hard to find wallets that provide these coins without having to download the entire blockchain. It's too bad.

what is the best wallet after jaxx? i need one asap

I like Coinapult for a BTC wallet.

For BTC, I like Electrum.

Jaxx got robbed recently. Switched over to Exodus personally. Desperately looking for a wallet that carries small time cryptos.

i know..you're not happy with exodus?

Well, this is always the case for medium and low cap coins. BTW for pivx, is possible to download the blokchain in compressed format.

Yeah, I just hope the infrastructure grows to be more convenient over the next few months. The time is definitely now considering the dramatic growth in the cryptomarket.

Have to go with a hardware wallet like a Ledger Nano S. Great piece of kit, regardless of the amount of crypto's you own.

no idea about them....

I'd go with Bitshares. A lot of movement already the last couple weeks, but still so much upside left.

I made a good deal with that move as well. I actually don't know much about it except that it was Dan's original project.

I expect big things from BTS and OBITS, which is the profit-share token for OpenLedger... a BTS dex.

Most of this year I've been just holding my favorites. Monero, dash, litecoin, steem.

I like those

I don't agree with Litecoin. I don't think it is going up soon.

Litecoin has now become a "safe" play - not the most profitable play. So, if you want to make ridiculous returns, the formula remains buy a low price coin where small changes in price are magnified to produce large percentage moves. Risky, but potentially rewarding.

Yes, but you should pick a coin that has good fundamentals. Otherwise, it is sheer gambling. I have written some posts about that. Take a look at them.

Great post, man.

I'm longEST on Siacoin. I love the tech and potential. Boatload of upside.

But Stratis has, like you said, delivered.

I was holding Siacoin for a few weeks but it was doing nothing so I gave up. I will be back when the action gets going.

wow u cant think like that!
i was lucky and got in to siacoin when i started getting into everything on poloniex back in march! i sen a few bucks and got over 30,000 siacoins! still have em on my sia UI! its amazing u can rent out a terabyte hard drive and earn siacoins that way wth terabte rigs like minig but with hard drives so coool!!

but u cant justwait for siacoin to pick up! u have to buy now! and ur crazy siacoinHAS performed!

u cant just wat for it to startgoing up! u have to just geet innow and stay!

U were holding for a few weeks but it was doing nothing so u gave up man u have to stay with it!

buy siacoin and forget aboout em !

i left 30,000 siacoins in the siacoin walllet program and they went from five bucks to 800 bucks!

seriously just buy siacoins nxtcoins bytecoins all super cheap and abbot to be 11 cent then1 dollar!!

dude u need to just buy ur siacoinsback! trsut me!

and u can run siacoin program an rent out ur extra hdd space and thats another way u can just earn ur siacoins!

soru for my atttdue im justreal pasionaite abot siacoin!

imagienhen siacoinhas android and iphone appp to inregtate loke icloud storage anbe an option for ur google drivce etc!

I own Storjcoin and have done ok with it. But, long term, I am not sure I understand why these storage coins should do well. If they go up a lot then why would people buy storage there instead of traditional places? Still not sure about this space.

when planning to buy SIACOIN in larger quantity as discussed here. What is the safest way to store those coins? So that I don't have a large amount just sitting on poloniex? Also, where can I find out more about this hard drive mining of Siacoin? thanks for the info. followed.

only way to store them so far is the sia UI or the poloniex or bittrex walet
honestly whats wrong with poloiex? lol with all the talk of the unsecure wallets like millions being stolen from jaxx walet desktop progam etc, i am just realizing moe and moe that an experience exchangelike Poloniex can pprobobly keep your coins afer than most of us ever could!

Ad sure theres lots of people who have the polonieex horror story but alot of them are trolls hired by competing excanges, honestly they doo that alot! SOme insiders admitted on some pst how they make up lies aboout other echanges freezing accounts etc

and yeah poloniex had bad support buttheyre working through all the support tickets as we speak! and ost veryone has had their issues solvd! poloniex eve pays peopel backk when stop limit orders go wrong etc i mean honestly if someone DID steal ur coins from poloniex, they simply mke enough mony to actually have the money to pay you back!

see what i mean? Its like a common sene thing for me, that as long as you have your 2fa on polonix and have your email confrmation you should be good! i ever have anymore than a few hundred bucks worth of any one altcoin!

also split up your siacins some in bittrex some in poloniex some in the siaUI wallet

i have to be honest that i have 30,000 siacins siimply stuck in my sia UI wallet.and my laptop has not enough ram to run the sia program! LOl its a 2009 laptop so its not sias fault they eve apologized to me on the forum and explaind how theyd come out with newer version but tat i just need 8Gb of ram, an sia runs fine if u have 8gb of ram...but yeah its a GREAT thing i couldnt open up my siawallet! I sent siacoins to the sia UI wallet and i could never re penit and sync up cuz i didnt have enoygh ram but my coisn are perfectly safe! i have the wallet backup file and string of words so i can just leave them there

its almost like a per walllet because i ave the string only stoed o apper writtendown!

ok thats not a per wallet butyeah just stoe your siacoins in the poloniex or biittrex wallets

ut will be fine!

u can use siacoin UI but make sure ur compter is new anfast or has 8gb or ram!

if i didnt have that problem tho i would have never kept y cons for that long! i woulda sold em for some other altcoin before i knew any better!

but yeah im really glad ii bought siacoin and i even talked to a guy who told me about his siacoin rig that made him a few thousnd bucks a month! he had to have may many terabytes running in a special hard drive case but really cool ! siacoin has gone up so much tho that used to be five bucks to get thee 30,000 siacoins u neededto start a siacoin storage server, but now 30,000 siacoins is several hundred dollars but its ok peopel will paythat much to start making mony off a sia ig , multiple peopel will pool sia together to run sia hard rive farms

its gonan be HUGE theres gonan be ALOT of siacoin serves popping up as an alternative t bitcoin mining!

i see. Noted. Thank for the reassuring advice Mr Williams

Not a bad return at all!

Yeah, I did that with quite a few other currencies...NXT is the one I held for a few weeks, then sold because it wasn't doing squat.

Absolutely Siacoin, the team is great, the got a growing community and a working product. The thing they lack is good marketing or marketing at all. If that hits, I see a top 10 space or at least a 1 billion marketcap in the not too distant future. Then there is still the possibility that in the future some big corporates will use the technology, which will push it even further.

I'm hosting with Sia myself and love it - accumulate the coins as long as they are cheap :)

It has been steem:bts. But I think it's better to hold on to the bts at the moment after the huge shift in balance. The steem:bts pair can be traded on the bitshares dex.

I'm not normally a trader, it has just been damn fun to increase the bts holding.

Nothing wrong with that. Sometimes sticking to what you know is best. Trying to trade projects that are outside your comfort zone is not wise. I have friends listening in almost all major Slack groups for Dev teams so that helps me make decisions.

Stratis has great potential and the fact it is still on the top 10 on Coin Market Cap gives it great marketing

It has definitely been resilient for the last month.

bitcoin due to it's high volatility,

I sure can't argue with that. A person could make a decent living just trading BTC volatility.

DASH, until Evolution is released. I suspect if it offers the features advertised, it will be the first crypto capable of being understood by the mainstream. It is also amazing to me how a small portion of block rewards diverted to marketing and paying developers can make such a difference in getting s*** done. Never forget that 4.5mil of the 7.3mil coins are locked in master nodes and will not be getting "dumped" any time soon, this shows a committed foundation of users.

I have the psychological aversion to investing in something I missed out on. I owned a bunch of Dash up until December but bailed. Then of course it went to the moon. : (

Me too :(

Ethereum seems like it's going to be a really nice ride and has been so far.

It sure has been!! I still get excited when I see it blast off lol . . I don't think will ever get old as long as I am holding Eth.

Same here! Just lots of fun watching it! I pick up a little here and there as it rises. Waiting for a major pullback but no such thing as of yet. It's up and down a bit here and there but nothing IMO major. There's lots of talk of the "bubble" it's in popping but I think it'll have its set backs like anything else and over time continue to rise. The talk that peaks my interest most, and it's just talk, is it over taking BTC by the end of the year? Any thoughts on that? Anybody?

Since buying it is not really feasible right now. I'm merge mining for stratis. As you wrote previously I switched em on. But I hope not too late to the game. :)

I think we are still early. Most people interested in Stratis are either serious traders or people who love the tech,

Great post. I just got into crypto currency. I started with ETH.

Another one that I sold way too early. I promised myself I would not let the same thing happen to me with Stratis.

I've gradually been selling into the strength with the phenomenal growth over past 6 weeks. Got in very early doors, thanks to my network :)

So which coin is your network looking at now?

Antshares & Filecoin

SYS
They'll be in the news over the next few months

Don't forget STEEM. Very undervalued considering the potential.

STEEM a really good long-term bet. I hear a lot of people talking $10. 5x your money is a great return.

I keep seeing them pop up.

Im scaling into BAT - original, great team, and huge long term potential

Me too, right now is a good accumulation period.

Me too, didn't get my transactions through at the ICO and had to accumulate later at a much higher rate - seems like I bought in almost at ATH (fml), but I believe in the tech and value of the coin. So hodl until Brave gets acknowledged by the public.

Especially at the low percentage based rates most crypto sites have I would always recommend many small buy orders over time to help create a reasonable cost basis. Nothing worse than getting stuck holding the bag and its also nice to get excited when the price of a token you like goes down because its then a good time to buy in!

I don't like BAT because my understanding is that too few people control it - it's volume and price.

Personally agree with you on Stratis. I bought 1300 of them a few weeks ago for 2$ each. Even though we're down from the high around 12$, I wouldn't be surprised with the markets growth rates if we see a 70-100$ stratis by december

That is what I am betting on.

Steem Dollar is my favorite one.....upvote and resteem for SD...

I love my SBD's!

indeed....me too....hahahaha.....

anyones I can make money on

My kinda PIMP!

I have to say Litecoin. I am not saying this from investment point of view though. I have written a lot about Litecoin recently, I am extremely fascinated with the prospect of the Lightning Network, the potential for Atomic Swaps and I am very interested to see how an older crypto like LTC can adapt. For me Litecoin is an experiment that we should all watch to glimpse into the future of crypto.

But....like I said, this is not my favorite crypto as an investment!
As far as investments go Ethereum is proving to be very formidable.

Hold Steem, of course!
Not because of any reason, is just the value of steem will rise!

STEEM will go up as people leave Facebook. If/When STEEM gets video big-time, then it's price goes big-time. $$$$$

LTC is being groomed for the China silk road economic pack. Huge long term usage for 2.7 billion people

I keep hearing good rumblings about LTC. Might be time to buy some again.

LTC is my largest position. I just passed my BTC and ETH. It is the best $ value out there. Long term holdings of course

I think you have to own some LTC as part of the portfolio.

I have written a lot recently about LTC and it's potential. Even listed it here as my choice.
Do you have a link for "being groomed for the China silk road economic pack"? if so, I would like to read up on that.

STRATIS is one of my TOP gainers. Such a rewarding hold. I was going in here hoping it wasn't STRATIS so I could get in on something else great.

My second best performer is ETC. I don't know what you guys think about ETC, but it's been very very rewarding for me. My third is Ethereum.

Good calls! ETH will do well, I am not a big fan of ETC.

Definitely ETH, followed by Dash & Steem have been huge gainers. Have exited my investment, and still hold all assets, will re-invest 50% into further crypto's that meet the criteria, with cash out funds going into Silver.

I am in for steem and going to put $100 of my own money via bitcoin and leave for.1 year and also try to generate steem from post and comments for that one year.

Dash makes a lot of sense to me. Markets tumble and rumble along. Dash is quietly building a supersonic train headed to a place called "mass adoption"

Dash is always, "Steady as she goes".

And they were also wise to choose as their "face" a very likable gal! :)

Always Bitcoin!!!

Nothing wrong with that.

I'm with Steem cause well I'm new to cryptocurrency and I actually have some. Not much, but I keep an eye on the price.

No problem, we will do our best to keep you up to date with the others.

Having read this, I am still leaning on Ethereum and Steem.

I see the great potential both have to offer and the tube for which feed off one another.

Is there really anything else right now? (sorry if I sound like the mainstream right now)

Good read. I'm new on steem and I love it. I have some straits and plan on getting more after I sale off my pot coin. but I think the money is in steem. I think it will go through the roof soon.

i like EXCL XZC ZCL

See now that is going somewhere others won't. I like it! I did well with EXCL a short while back. Time to dip the toes in again.

Looks like there is no love for Litecoin anymore. :(

I never did like it but I love to speculate trade it when news is coming out.

It must be damn time-consuming! There is one minor project I have joined the slack to get the feel of it. It is vericoin. Interesting project that finally starts to aim at something. And it has been a good ride.

That is why I follow people from many different projects so that they can give me the scoop.

Ethereum. But I did talk with my boss today, and he's an Ethereum investor as well. He's heard of STEEM, and I told him how great the platform is, so he's going to invest in STEEM now!!!

Boom! That is good news for all of us.

steem all the way

People see you promoting steem on steemit and assumets just us trying t get people to buy steem JUST to get its priice up as if its some HYIP pyramid scheme and its so anoying thatpeople thnk ike that

BUT its THEIR loss! literallly more steem for us! seriously i love teh rwards pool to post ratio theres so much steem mined evryday now that toop users can be making $1000 everyday minnows can be aing at least liek $1 per post and dlphisn can be making like $10 to $100 per post and instead of those numbers going down, theyl nly go up as price of steem goes up and we get more users!

yeah steem really IS an amazing investmenT!

if steem can stabilize around 10 to 20 cents and then go all the way back up to $1 and then now stabilize at over $2 that proes it cango up many 100s of times! making me more confient thats teem WILl reach the 1000s one day sooner than we think! i am confient we can get to $100 by summers ed atd $1000 by end fo year and $200 next year early and next year t will go from $200 up to $1000 and that might be way too higha nd it could come corerct back down too $100 to $200 range....i just feel the price of steem will have mini bubbles as new users pump in new money BUTthey wont be bubbles peopeel will keep their steemppower when they see how much steem is given out for free everydy and reaize how its all steem that has tobe mined like bbitcoin si mined!

God this is going to be a goldmine for us for the reest of our lives!

we have a constant supply of human Capital and Crypto Capital which is the bEST for paying peopel for their work online, we can getthe lowest prces and highest quality programmers and deveopers from around the world and we can ppay them in steem and steemit already has the most amazing model where develpers post their work andget hunredds and thousands of dolars from other develpers who reognize how valuable the work is and even just wealthy steemit users who dont know a ting abot programming but just assume it must be goood for develipers to be upgrading stemit all the time!

its SO important for us to be paying our developers and people who wwant to help steemit with their deveoping skills!

anything is possible onsteemit! all we need is the time and money and human capital! and we are attracting very cool talent!

AND we are GIVING people work ethics!

people learnto come backk everyday and post and keep high quality stanards so earn as much as they are earning everyday! noone wwants their income to stop so they continue HONINg in their skills and sharpining their toools and making their post cater moe and more to more ad more people!

SNowbball fractal money effect on steemit!

Absolutely. Couldn't agree more with you here. Learning to become a great writer on this platform is one of my goals. And getting more people involved in Steemit is great!! I don't see it as a HYIP at all. There is true VALUE in being active all over the platform . . . and the returns by blogging or curating is genius imo.

Stratis is a fantastic one, that's for sure. Had a bunch for quite a while now, sold back everything to recoup my initial investment . . now time to ride the wave!

As far as my other holds for 2017 - in no particular order:

Library Credits. Has seen massive growth and has a very cool concept of a decentralized peer to peer service. Like YouTube or iTunes without the middle man. Recently has blown up really nice.

XtraBytes: This is my diamond in the rough. The tech is not out at this time, but a new way to verify each block on the chain through the Proof of Signature algorithm . It breached top 100 on coinmarketcap and is traded currently on low volume exchanges like Cryptopia and Yobit. I'm witnessing the dev team come together and begin to implement the project. As a multiple node holder, I am invested in the project, but I see true potential here . .
https://medium.com/@xxxxxxxddfeutt/how-the-xtrabytes-blockchain-works-69979081bf42

Other notable ones: Expanse, STEEM, TRST, MAID, and my longshot is HyperStake.

Part of the fun is researching these different projects and finding the relatively unknown ones with massive potential

I think LBRY could do well. Never heard of XtraBytes, thanks for the tip.

Siacoin Bytecoin Bitshares Steem and of course u should have ethereum before big corporations ALL start to buy some ethereum and get i on it not to amke money speculating but theyll buy ethereum to actually use it for what its suposed to be a worldwid esuper computer!

imagine pixar usng Golem instead of rener farms! OR pixar RENTING OUT their render farms onto the golem network or ethereum to allow people to use render farms when they arent being used!

(golem has plugin for renering 3d modeling animation program blender, and for example on regular hoem compter even new fast one u could never render out a pixar movie, it w ould take thousands of years but with g olem u agveaccess to all these etherem computers and its like imagine playing a video game with millions of video cards all working for you!

Very nice, never heard of Stratis, and now I am educated after reading up on it.

Thanks for the heads up and the alert.
~ @Timbo

I am most excited about ICONOMI. I dont believe ICN will have huge price increase. However, I am very excited to get a Digital Assest Platform set up that allows friends, family and others to invest in crypto through me, or through ICONOMI. Since I first found crypto I wanted an easy way to invest in the whole market, now we will have it. How do you feel about ICONOMI @hilarski?

Same here! It's a good play in my book at $2.03 right now :)

Also holding my stack of ICN, definitely not going to sell soon - I might even consider to apply as DAA manager.

Missed the boat on this one!

Thanks, great post!

It's good to get some recommendations from you. I was thinking about getting some stratis a couple of weeks ago... better late than never I guess :)

Looking forward to hearing more of your ideas.

Congratulations @hilarski!
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Stratis is a great pic... Check out Iconomi (ICN)... its a great play in my book, unless someone begs to differ :)

Yes, although they have not fully released all of the details, you will need to use ICN as a way to pay for your fund. Also I find it great that you will be able to run more than one fun. You will be able to market one fund that may be higher risk, and one that is lower. So excited. Literally giving the ability for people to become hedge fund managers. Just a bit risky, if you don't know what your doing!

Hi Guys I also only recently got into Crypto. The last few days Stratis has been catching y attention. I am planning to get myself some Stratis.

Do you guys think it will be good long term?
How does the Staking work, do you need a small fortune worth of coins to actually make something from staking process. Or can you start with small amounts and keep adding each month?

Stratis looks like a good project with good practical use cases.

litecoin has a lot of promise. especially considering the creator is active in its development again

I don't experience yet sir, what the best?

If you are new to Crypto I would recommend Bitcoin.

Ah thank you sir but what's best in bitcoin compare to other crypto?

Sorry, you will have to make those judgements on your own. I just provide what I buy and do not make recommendations besides Bitcoin for new people.

Okey sir thank you for a nice conversation...have a nice day to you

Very interesting post. Watching and learning.

Hold Steem, of course!
Not because of any reason, is just the value of steem will rise!

Because I haven't seen it mentioned here yet (and because it is the only one I own): #Gridcoin
Bitcoin mining is incredibly wasteful in terms of electricity and the associated environmental consequences. Gridcoin uses work/computation done for volunteer computing projects that boost research on things like cancer, Zika, clean energy, astrophysics, protein folding, neuroscience, SETI, you name it. Check out Gridcoin for a cryptocurrency that actually does something important (and has gone up by a factor of 15 or so since March!). #BeyondBitcoin

Followed you, followback please

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