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So you want crypto to make you rich? Look at Electroneum and Graft

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Electroneum
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Do you remember the time when Microsoft, Yahoo and Google stocks created millionaires out of nothing? (Please don’t mention Facebook). It’s expected that cryptocurrencies will do the same trick real soon (Electroneum and Graft could help, I’ll tell why later). It did it already, as investors who came into the market between 2010 and 2017 had the chance to have great gains when Bitcoin hit the $20,000 mark.

The current year has been lousy, but the best is yet to come. 2018 has been under the bear’s hug all year. Most coins have gone down by something like 90% which is not great news for speculators. It would be terrible news if you bought when everything was high (last December). But for smart investors and aficionados, this is the best of all times. This is the time in which you can buy cheap and then sit back and see how prices go up as the next bull run arrives. And it will come. We don’t know when, but it will.

The question is: which are the best baskets for your eggs? In this article, we will suggest two. Of course, you will need to do your own research and make your own decision. We are not financial advisors; we just point the way in directions that make sense.

Electroneum

In a market that has been going steadily down, Electroneum (ETN) has been going up. Almost 400% over the last month.

The reason for Electroneum’s success is real-world demand for the token. You can mine this coin by just installing an app on your mobile phone and then it’s useful for any kind of micropayment you could imagine.

This makes a cryptocurrency useful for lots of people all around the world who don’t have access to bank accounts or other services offered by the traditional financial system. And this kind of demand can only grow up.

Among the factors that have been holding adoption of cryptocurrencies all over the world are regulations. Electroneum is fully compliant with regulations. This means it can only keep growing in demand and value, very quickly, quite significantly. If just a few strategic partners adopt Electroneum sometime soon, it will take off in a spectacular way.

Electroneum is very cheap now. And you can get some for free if you just install the app. Keep an eye out for it; we believe you won’t regret it.

Graft

Graft is not in the limelight the way Cardano or Tron is, but you should have a look at it. It has the same potential as Electroneum to outperform the current (and future) market.

This is a currency that aims to give everybody easy access to settle payments instantly in any way you want, be it crypto or fiat currency. It’s like Ripple for the masses, not just for banks.

Because of that appeal, traders and merchants are integrating Graft (GRFT) into their platforms very quickly and that will create trade volume and demand which will, in turn, raise the coin’s value. Remember: in the long term it will be usefulness, not speculation, that will decide which tokens rise in value and which ones will disappear.

Graft has also tried hard to comply with international regulations, which makes it a safer bet than many other crypto-coins.

Right now this is a somewhat obscure project, but it’s so well designed and useful that, as far as we can tell, the future looks bright for it.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

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.

Image courtesy of Stevebp/Pixabay

Altcoins

Top 3 Cryptos to Serve as an Alternative to Bitcoin

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The crypto market continues to struggle on its way of reaching mass adoption, with most people focusing on Bitcoin. However, Bitcoin still has its fair share of problems, a few of which are quite challenging, with no guarantee that they will ever be fully solved.

While Bitcoin is, and has been the largest cryptocurrency from the moment it was created, there is no guarantee that it will remain at the number one spot forever. While this is mostly what skeptics tend to say, it is still a possibility that cannot be ignored. With that in mind, here are top 3 cryptos that might serve as an alternative to Bitcoin in the future, or maybe even now, considering how high its fees are, and how long its waiting periods tend to be.

1. XRP

XRP has become known as a ‘remittance coin’ due to its goal of providing better, faster, and cheaper international transactions. It was created by a company called Ripple Labs, and so far, it has been one of the best ways for sending money cross-border. It works in combination with Ripple’s products such as xRapid, fueling it and allowing for near-instant transactions at low fees.

The company has decided to offer its products to banks around the world, and most of the financial institutions decided to accept the offer. This is their way of trying to…

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Why HODLing XRP, BAT, and EOS is a Smart Idea

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The crypto market continues to grow, even though the prices of its many coins were severely damaged during the so-called ‘crypto winter’ of 2018. Even so, the market has grown a lot, and it currently features over 2,100 digital currencies, all parts of their own projects, with a goal of making an impact and entering the mainstream.

Of course, it goes without saying that not a lot of these coins have real potential. Many of them came to be during the ICO craze of 2017 and early 2018 when investors were willing to buy just about any coin. As a result, new startups emerged, each offering its own cryptocurrency. Most of these coins are believed to be bad projects with no future, with only a matter of time before they are declared ‘dead.’

However, there are several coins out there which are worthy of investing in, as well as HODLing on to them. Three such coins that we will focus on today are XRP, Basic Attention Token (BAT), and EOS.

XRP

Let’s start with XRP. This is a coin created by a company called Ripple Labs. As a result, the coin has a strong connection to the company, which many have taken as proof that it is not a real cryptocurrency, that it is centralized, and that it will eventually fade away as a bad project.…

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Why XRP is Worth Much Less than What Fans Expect

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XRP
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The crypto world is currently facing an uncertain situation as a result of XRP value. Many fans of the digital currency are arguing that the worth should be higher than what it now. A poll taken by Twitter this year showed that 80% of the participants want XRP to be higher than Ethereum. The participant preferred the digital currency to occupy the second largest position against what experts thought. Since XRP has not offered much to improve its reputation, the participant’s reaction was surprising indeed.

From what we have seen so far, one question to ask is, why does the cryptocurrency have many supporters? The simple answer is that Ripple focuses on offering remittance services to its fans more than other digital currency. The company offers many products of which one known as xRapid a cross-border payment service impress many supporters.

Why Fans expect an increase in value

Weiss Ratings did not hide the fact that their agency is not supporting Ripple. However, they admitted that the global payment platforms which the cryptocurrency created are commendable. This commendation proves that Ripple has been impactful in that area of blockchain tech application. Also, the players in the community have seen these achievements as well. Therefore, it is not a surprise that they expect an improvement in the market cap and price of XRP

Many people have raised arguments…

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