Manage your crypto portfolio during recession - part 1 - holochain (HOT)

in #cryptocurrency6 years ago (edited)

Just like the stock market, to win in the crypto market, you have to accumulate when everyone is fear, and to distribute when everyone is greedy and the price is crazily high. Needless to say, to manage your portfolio at this crypto recession period is as important as the buy-and-sell timing.

In this series, I will pick a list of potential crypto projects which probably and easily to earn a 10x return when the bull market is back.

To begin with, my first pick is holochain (HOT), interestingly, this coin rise from US$0.0004 (1 July 2018) to today price US$0.00072 (21 Jan 2019) when bitcoin drops from US$6,300 to US$3,584 (over 40%) and ethereum from US$451 to US$117 (over 70%).

Holochain idea is to develop a more human and decentralize internet which is dominated by huge centralized corporate web site today, and to liberates our online lives from their control over our choices and information and of course our personal data.

3 reasons why holochain (HOT) will go to the moon in the next crypto boom:

1 - Valuation

As of today, the market cap of HOT is only $100 million, which is still very small capital size compare to what they aim to takeover the whole internet. We take Mozilla Firefox, which has a 9.89% of the total browser market share in the world in 2018 (netmarketshare.com), which has a US$10 billion market cap (given a 20 P/E of US$562.3 million revenue in 2017). This means that if HOT finally can occupy a 10% market share in the browser market, they have a 100x market cap already, in the absence of thinking their potential to be a pioneer of the web 3.0 which can challenge the current internet browser leader.

2 - Unique in the crypto space

What's come after blockchain, Holochain is a brand new open source framework for peer-to-peer applications. It has the decentralize advantage but their scalability is far beyond blockchain without the need for global consensus.
In short, this is a cutting edge technology after the blockchain which is being invented over 10 years already. As this concept is very new in the crypto space, if the project can be widely adopted in the future, we are now buying Holochain just like buying bitcoin in 2010 and ethereum in 2016.

3 - Huge partnership possibility

Rumours of partnership between Holochain and Mozilla has been buzzing when the talks between Holochain and Mozilla has occured during last September. As the communication director of Holochain Schutte said that any official announcements regarding Mozilla were unlikey to take place until the initial product launch in Q1 2019. If this partnership is being confirmed in Q1 2019, just two three months to go, we believe the price will rise further.

Last but not least, being the first moon portfolio coin in this series, Holochain is also anticipated to be one of the top 10 coins in future according to Weiss Cryptocurrency Ratings. According to their crypto forecast in 2019, Weiss believes that a select group of cryptos will compete to build a new kind of internet, three coins being mentioned include EOS and ADA which is already in top 10 and in top 15 respectively, only Holochain (HOT) is far outside top 10, now ranking 48 in the crypto market. It requires Holochain to rise 10 times in order to rank in top 10 at this moment.

Finally, thank you for reading, please upvote me if you like what I am writing and if you expect to see my coming picks, cheers!

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