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Exchange Tokens – Binance Coin (BNB) and KuCoin Shares (KCS) Will Do Well in the New Year

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Binance
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It may be difficult to keep a positive outlook as we glance at the sea-of-red (the color of coins dropping in value over a 24 hour period) that engulfs our favorite exchanges. There is a good reason to be scared as we watch the coin market-cap fall off the edge of the proverbial cliff. But as we assess our gains from the month(s) and year(s) past, and desperately search for a safe place to hide them, there are some coins that look to surprise investors in the auspicious new-year ahead. The coins associated with favorite exchanges Binance (BNB) and KuCoin (KCS), may lead the way forward as trading commences and our tethered gains are unleashed once again into our top crypto-picks.

For new entrants in the crypto-space, your worst fears have likely been realized just as you positioned yourself in this wild-west of financial markets. But for those of us who have been around awhile, this market looks a lot like a brand-new opportunity for future gains. With Ethereum (temporarily) under US $1,000 and Litecoin under US $200 for the first time since early December, many investors are eyeing the recent downward-trend as the perfect time to buy-in on coins they saw performing well just before the new year. In other words, Investors will likely buy the dip (purchasing their favorite coins as they find support at a new lower price point).

Binance Coin (BNB)
Binance Coin (BNB) has proven to be a power-player in the growing list of crypto-currencies offered on the world’s most popular altcoin exchange. Binance itself has gone from a virtual startup to a billion-dollar industry faster than any company in history. Offering an incredibly stable product to millions of investors around the world, it is no wonder their associated token (BNB) has done so well in the past weeks leading up the current market drop. And as Binance takes on more and more users (despite having temporarily closed registrations in the recent days) the company will surely rise with coin market-capitalization in the coming days.

One huge factor that excites investors about the potential of Binance Coin (BNB) is its usability. In fact, Binance Coin (BNB) may be the most usable coin in the entire crypto-industry. Binance Coin (BNB) is used by the exchange’s growing membership as a way to save on the fees associated with trades made on the platform. In fact, using the coin associated with this burgeoning exchange will cut your fees in half.

*Tip: In your settings, make sure you have toggled the switch to use BNB for fees.

Usability is only one aspect of the token that bodes well for its future, however. Its limited supply is another big reason to HODL this gem (or add to our existing stores) as we ride out the storm created by the heavy withdrawals typical of the new year. With a circulating supply of fewer than 100 Million coins, and the announcement of a future coin burn (scheduled for winter 2018) this coveted token shows amazing potential for gains in the year(s) ahead.

KuCoin Shares (KCS)
Binance isn’t the only exchange with new investors beating down their proverbial doors for a chance to trade. KuCoin and its associated token (KuCoin Shares (KCS)) will likely rival many of the altcoins offered on their own exchange in the coming month(s).

KuCoin Shares (KCS) gives investors a stake in the company’s future revenues. And those revenues are expected to jump ahead in the coming year(s). Offering over forty (40) coins on its increasingly popular exchange, KuCoin isn’t just growing, it is exploding with market participants, begging for a chance to get in on the exchange’s newest additions.

KuCoin Shares (KCS) has increased exponentially in the past weeks, and though the recent market-drop has impacted this token (as it has every other token lately) there is good reason to remain optimistic about the future, as an incoming wave of new investors push the little green candlesticks (representing purchases on the graphs offered to investors on many of the exchanges) ever-higher.

HODL On
As we wait out the storm that seemingly threatens to take down the entire alternative currency market, we must stay vigilant for the right entry-point to jump back in. In order to survive and thrive in 2018’s altcoin market, investors must aggressively buy tokens with a solid track-record of price increases, and they must buy them at the new lower price-points exhibited during downturns (like this one). While many exchanges and their associated coins will do well this year, Binance Coin (BNB) and KuCoin Shares (KCS) seem likely candidates for a solid portfolio boost in the coming year(s).

We will be updating our subscribers as soon as we know more. For the latest on BNB and KCS, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of DaPuglet Pugs via Flickr

Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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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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Altcoins

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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