What to look for in this crypto crash? An assessment of VeChain and Quantstamp.
90% of people are just clueless when a situation as this one hits the Cryptocurrency market. Most people will be looking for causes of this crash and how it could have been anticipated. A good practice nonetheless but I believe there is more value in looking for something else because all this is doing is pruning the "bad investors" and "bad coins" out of the game (looking at you BitConnect).
If you believe in the value of the technology than for sure you will see past the red percentage numbers that are flying across everyone's portfolios.
Two good examples of this are Quantstamp and VeChain. Take a look at how their charts look:
It doesn't take any technical analysis to figure out that while everything else is going down these two are holding up extremely well. On a closer look on both of them you see that they have solid ideas that solve actual problems.
Quantstamp promises to deliver auditing to smart contracts, something even Vitalik Buterin himself has called for on one Twitter post.
VeChain is a promising supply-chain monitoring application, like many other, but this one has announced some huge partnerships with world-class supply chain companies. Put this all together and and what is clear is that these two have a very good chance of succeeding in the future crypto market.
In every chaos there is opportunity.
____________________________
BTC Donation: 1PkaFtmqoQaaBgTMbXV7ZQ732QnNptB4jA
ETH Donation: 0x62C15906B47cAC4B55431CE7387B342DA966C306
LTC Donation: LYyiL4KZVE7BZcWJcomLjEqrjY6eKW79um
Congratulations @jdvzs, you have decided to take the next big step with your first post! The Steem Network Team wishes you a great time among this awesome community.
The proven road to boost your personal success in this amazing Steem Network
Do you already know that awesome content will get great profits by following these simple steps, that have been worked out by experts?
The reason why they're still up might be because they haven't set an extreme all time high like all other coins did. That's why I keep my eyes open very strong on High Performance Blockhain. Their total supply is "only" 100 miljon coins. I calculated through their white paper that there are only 46 miljon coins circulating for the first coming year (to be counted of the date their ICO was closed) Knowing that the Market Cap of HPB will be $ 255 milion dollars with a price now of $ 5,33 (all time high $ 13,37) means that once Cryptocurrency Market Cap has the number of 46 milion coins in circulation it will get placed around number 92 - 93.
Getting into the top 100 gives it a lot of potential. Especially if you know they are the Asian competitor of EOS but with a much better technique......and with a contract of NEO in their pocket.
The other green light is the fact that's now only for sale on Bibox and Allcoin. Once Bittrex or Binance gets in a new mooning coin can have been born. (This coin is only 8 days old)
Strong hold. Long term.
Congratulations @jdvzs! You received a personal award!
Click here to view your Board
Do not miss the last post from @steemitboard:
Congratulations @jdvzs! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!