Will I be the next crypto Millionaire? Check out my picks!steemCreated with Sketch.

in #cryptocurrency7 years ago (edited)

Please comment and let me know what you think about my picks and let me know if you think there is a faster way to become a crypto millionaire!

My million dollar picks:

Electra (ECA)

This article says it all and expresses my thoughts exactly: http://andrewdubats.com/electra-eca/

Reddcoin (RDD)

Outside of Reddcoin being a social media coin and it’s proof of stake features. Another unique aspect of Reddcoin is its incorporation of micro-donations to support the creation of content on social networks. Reddcoin fully understands that its virtual currency is the only currency that some of today's teens and kids have ever known, which makes it uniquely positioned to handle small-money transactions over social networks, and therefore encourage micro-donations to content creators.
https://www.fool.com/investing/2018/01/07/3-cryptocurrencies-that-skyrocketed-800-in-decembe.aspx

Bitcoin (BTC)

Two words, Lightning Network! If you aren’t familiar with Bitcoins lightning network read the following: https://steemit.com/btc/@iamtron/rough-sailing-ahead-for-litecoin-ltc-x-and-bitcoin-cash-bch-x

Bitcoins Lightning Network could possibly spell the end for Litecoin, Bitcoin Cash, and several Alt Coins!!

Komodo (KMD)

Komodo describes itself as a gateway to 32 other stable Komodo currencies. In effect, it plans to launch 32, independent, fiat-pegged cryptocurrencies that'll, in theory, allow for seamless conversions between fiat and digital currencies. https://www.fool.com/investing/2018/01/11/3-lesser-known-cryptocurrencies-that-could-run-cir.aspx

Tron (TRX)

Following are some of the factors that if they come to fruition would help me obtain the status of “Crypto Millionaire”:

Justin Sun locks up (escrows) more tokens. Already 34251807523.9 TRX held by the Tron Foundation have already been locked up until January 1st, 2020. If more tokens are locked up and there is no perception that the management team is cashing out behind the scenes, Tron should continue to rocket upwards.

Coin burning is implemented and investors see it actually working.

Major partnerships are announced that give Tron a monopolistic advantage, especially in China and Asia. If Alibaba, for example, indicated that it was going partner with Tron, this would have a massive impact on price.

The technology is benchmarked by some real world uses and shown to scale.

China reverses its ban on crypto exchanges. That’s 1,412,435,000 people (as of January 10, 2018), which is 18.6 % of the total world population. If even a fraction of the Chinese population invests, Tron will shoot up in value.

https://www.quora.com/What’s-TRON-TRX-going-be-worth-in-a-year?share=3235c99d

Please let me know what you think in the comment section below. What’s coins are you banking on making you rich?

Sort:  

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin9951.510$-14.23%-31.41%
KMDKomodo4.793$-20.03%-41.6%
LTCLitecoin157.836$-19.44%-35.93%
RDDReddCoin0.009$-23.47%-58.44%
TRXTRON0.052$-8.07%-54.94%

Thanks for that info! It’s a great buying opportunity!

January has historically been bad for Cryptos

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