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

in #cryptocurrency8 years ago (edited)

Here's my list:

  1. LBRY is a promising concept, they have a prototype, active community and just $1M market cap.
  2. MAIDSAFE is at $70M, but once they make it work, it will be ground breaking. I think it will emerge as some kind of a de-facto standard. The potential is huge.
  3. SIA. It has much less visibility than STORJ, but from what I've heard, the tech is probably better. You can already store your files on the network.
  4. BITSHARES. It is probably the most complete second generation blockchain with some incredible features. The marketing is the opposite, which is why it is valued only at a fraction of some bitcoin clones.
  5. STORJ has a lot of hype, but I still think there's potential as an investment. They are good at UX and marketing.

STEEM will probably make the undervalued list once power-down's and power-up's approach 1:1 ratio.

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how do you buy these currencies? im so new to this.

  1. Get some cryptocurrency.
    a. Buy some from a friend
    b. Get an account on a cryptocurrency exchange which accepts Fiat (normal money). DuckDuckGo for bitcoin south africa. Send in your Fiat money and exchange it for Bitcoin
  2. Get an account on Bittrex. There you can exchange your bitcoin for most any of the cryptocurrencies.
  3. Move your cryptocurrency away from the exchange to your own wallet.

Also have a look at Bit20. I am writing a series of articles about it, the first of which is here. It is an index for the top 20 cryptocurrencies, so it will likely always rise in value.

Awesome, thanks.