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3 Low-Cost Altcoins Primed to Grow in 2019

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As we continue to progress towards the end of 2018, a lot of issues in the crypto world that emerged this year are starting to get resolved. The influence of the bear market is finally weakening, and a lot of coins with real potential are starting to attract the attention of investors.

For a lot of people, this is a good thing, as investing in cheap altcoins with a lot of potentials can bring large amounts of money to HODLers once the prices start going up. Due to the mostly bearish 2018, there is no lack of cheap altcoins, many of which are worth less than 10 cents per coin right now. However, some of these coins are expected to grow quite big, and investors believe that 2019 will be the year when they will finally get the chance to shine.

Because of that, we believe that a closer look at some of these coins is necessary, as passing a good investment opportunity can be a huge waste. So, without further ado, here are three low-cost altcoins with a huge potential that are currently worth less than 10 cents.

1. Cardano (ADA)

Cardano is already a well-known altcoin, that is even ranked among the top 10 cryptocurrencies as per CoinMarketCap. It holds the 8th spot on the list of largest cryptos by market cap, but even so, its current price is only $0.070989.

During its peak, Cardano’s price was $1.26, and it has a market cap of over $30 billion. Of course, its fall came after the bear market took place in January 2018. However, this has happened to pretty much every other coin, and ADA should definitely not be discarded because of it.

Its strength lies in its unique approach, which is academic in nature, and driven by research. Its team consists of professional researchers and expert engineers that are constantly coming up with research papers regarding different aspects of blockchain technology. Cardano has also released several wallets, its platform’s key feature is a formal verification approach, and it is dedicated to increasing security and effectiveness.

All in all, Cardano is a coin that definitely has potential, and experts believe that it will regain its former glory in 2019, and possibly even reach new heights.

2. Decentraland (MANA)

Next, we have Decentraland. The project has a large ambition that revolves around creating a new virtual world based on blockchain technology. Users will be able to buy a virtual real estate and create any type of VR construction or application on this piece of digital land.

The VR world’s currency is, of course, going to be MANA, and all ownership rights will be recorded on the blockchain. Thanks to blockchain’s immunity to information manipulation, all recorded data will be transparent and safe. Furthermore, Decentraland is open for everyone who is interested to participate.

Participants are additionally motivated to make virtual creations by the ability to monetize them. This may include games, various beautiful graphical objects, and even entire digital marketplaces.

As for the coin itself, its current price is $0.078779, which is similar to Cardano. However, its market cap is much lower, and because of it, the coin currently holds the rank of 74. Despite this, it is considered to be quite a promising project, with a lot of people developing an interest in the VR. Because of this, it is believed that 2019 will be the year when this project truly starts attracting attention.

3. Bitshares (BTS)

Finally, there is Bitshares. This is a project that holds the rank of 35, with a price of $0.095483 per coin. BTS is an old currency. It was launched in 2014, and it represents the first blockchain child of Dan Larimer, who later became associated with projects like EOS and Steem.

Bitshares has a goal of assisting individuals that have no access to banking services and allowing them to participate in the world of finances like everyone else. In a way, it is imagined to serve as a decentralized exchange. Its design allows it to avoid issues like high fees and scalability problems, which is impressive by itself.

The coin has a large community with over 33,000 active users on a monthly basis. This is more activity than what most blockchains see in the same time period. Its exchange also offers numerous stablecoins which are pegged to different fiat currencies and other assets. This includes EUR, USD, CNY, and even things like silver and gold.

While the project is old, it is definitely worth looking into, as it solved issues that even the most advanced altcoins are still struggling with. Many have expected it to grow in 2018, but the bearish market somewhat spoiled those plans. Instead, it is expected that the coin will reach the heights it deserves in 2019. Because of that, investing in it while it is so cheap is the best move to make right now.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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