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Stratis Could Be The Next Cryptocurrency To Make A Big Impact

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Cryptocurrency has recently become a hotly debated subject as its popularity rises, especially with the rapid surge of cryptocurrencies such as Bitcoin and Ethereum. However, there are new players that are showing a lot of promise. One of them is Stratis.

Research also shows that most of the investors who have invested in the major ones such as bitcoin have also invested in other cryptocurrencies. This is because the top ten cryptocurrencies have all been increasing in value. Investors are therefore eager to find new investment opportunities to diversify their digital currency portfolio and Stratis is currently believed to be one of the best upcoming cryptocurrencies to buy right now.

Why Stratis might be a good consideration

The past two or three weeks have been characterized by significant jumps in the value of bitcoin. In fact, its value has risen so much that key people in the industry have warned about the high volatility of bitcoin. The cryptocurrency was characterized by massive surges about a week ago with prices going from below $7,000 to more than $11,000, then declining back to $9,000. However, the price went back up above $15,000.

This kind of volatility is one good reason for investors to look into another cryptocurrency that shows a lot of promise. Ethereum would be a good alternative but it has also been having its fair share of problems such as the lack of adequate security which led to the DAO hack. However, Stratis employs a secure network and its pricing has also exhibited growing strength.

Price stability

The main reason why cryptocurrencies came about is to facilitate easier monetary transactions on the internet. For this reason, it is important that a digital currency is stable just as the same case applies to regular legal tender. This is especially important for those transacting regularly via the internet. A rapid depreciation in value for example for Bitcoin could lead to a significant loss of revenue.The value of Stratis has been relatively stable especially compared to its more popular counterparts with the prices being pushed down when the value goes up too high. The price has, for the most part, remained below $10.

The programming language

The programming language used to create a cryptocurrency plays a significant role. Ethereum requires a complex coding language and this has been one of its biggest downsides. Fortunately, Stratis is written in C# which is a programming language that is popular.

Sidechains or smart contract

Most cryptocurrencies such as Bitcoin have a lot of limitations when it comes to sidechains. The latter refers to a mechanism that makes it possible for tokens to be securely taken from one blockchain, used in a different blockchain and then returned to the initial chain. This is especially tricky when it comes to the coding. Customers want a solution that ensures the safety of their tokens and Stratis particularly shines in handling sidechains.

New generation digital currencies

While cryptocurrencies are relatively still in their early stages, the newer cryptocurrencies such as Stratus have more comprehensive features that make them more attractive compared to their older counterparts.

We will be updating our subscribers as soon as we know more. For the latest updates on Stratis, 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 Jim Makos 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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