Positivity right? Like I pointe out in my previous post - this whole "correction" thing, if it's due to Asian new years, SK FUD, G20 discussions, Futures expiring or who knows - is BORING.
I'm only checking my cellphone now and then to see if the trend has turned. I don't even bother to look at my Blockfolio. It's..to put it mildly..DOWN. Of course, it's easier for me, who's been in cryptos for a while to take it chill. I wouldn't start approaching negatives on my investments until we see sub $100 billion total Mcap.
But, let's take a look at some cryptos that aren't doing that bad. I'll go from high mcap to low
1. Smart Cash
This one I remember was all of a sudden in the top 100, and also probably as high as top 30 before the correction. Out of nowhere. It has fallen a little bit after it's peak, but it's up 30% today. What the coins is about, someone with a higher IQ than me must look into. It just sounds like a heap of big words, and nonsense in my opinion. But I might be wrong.
2. Siacoin
The decentralized storage-coin which enables people to control their own cloud storage, and rent out spare space is fighting a little bit against the bearish trend. I love the idea of decentralized cloud storage. Why are we trusting Dropbox? We have no idea who is controlling our data. Taking control over our own data is just brilliant. With decentralized storage, there are no single points of failure..so a sever can't just burn up and oops it's gone. It's biggest competior Storj is not doing so well.
I own both Siacoin and Storj
3. Decentraland
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. The game has just auctioned away land parcels. Although the concept is very very cool (think virtual reality, advanced cybersex, shopping, meeting people..things like this could be huge, and just imagine when sensors for body suits etc becomes available) I personally have invested in it just because of those arguments. It's not a game I personally am going to play (I think).
Decentraland is currently at $126 million mcap and ranked number 131.
4. NVO
Wow..I just found a new interesting coin. Looks to be another decentralized peer2peer trading platform. Looks pretty good, although the website was f.... annoying with it's weird automated scrolling thing.
I will definitely be looking more into this one. Up over 140% on the day. It's in the chaos the gems will be found..maybe? :)
5. HelloGold
The world's first gold backed crypto currency..GOLDX is a fully operational, 100% audited gold-backed stablecoin. Purchased using either Bitcoin (BTC) or Ethereum (ETH), its main purpose is to provide cryptocurrency investors with the world's oldest stablecoin to help them manage their crypto portfolio.
I'm gonna go with Meh.. on that one. But it's up, and congratulations to them.
And that's pretty much it. There are some other coins in the greens, but I was just looking at the ones sticking out.
It's a good time to take a look at buying now, and if this bear market continues I'm going to be like a kid in a candy shop. Just picking obscure low cap crypto after obscure low cap crypto. As long as they have a real actual idea, with a plan(roadmap) to implement those ideas, a team that are not con-artists and a realistic (low) valuation. I'm not buying obscure coins valued at $95 million dollars, without a website or anything to show for. If I'm gonna gamble on some very low cap coins, they must be LOW CAP. That's where the fun is (and potential 1000x). Although, keep in mind, I'm an investor, and not a speculator. But my portfolio consists of everything from heavy large coins to obscure small coins. I have a balanced portfolio, and so should you - and I only gamble with low caps with money that is 100% just for fun.
