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Top 3 Promising Cryptos Under $5

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2019 has brought another change to cryptos, and the crypto winter seems to finally be at its end. The prices of many cryptos are already recovering, including Bitcoin, which finally managed to grow past the $4,000 mark and turn this level into its strongest support.

However, Bitcoin and most other top coins are simply too expensive for an average investor, and many who are just arriving at the crypto space are wondering whether or not there are other coins which might be a worthy investment. Of course, the coins would still need to have a future, and something to hope for — something which might ensure their success some day. We believe that there are several such coins already in the market, with three of them being so cheap that you can get a decent number of them even if you can only spare $5 for your initial investment.

1. Stellar (XLM)

The first such coin, with its price well below $5 is Stellar (XLM). This is a project that aims to provide regular people with the ability to quickly and instantly make international payments, at low fees and with transactions being processed and completed as soon as they are made.

Stellar chooses to offer its services to regular traders and investors, unlike its biggest rival, XRP, which opted to offer its products and services to banks and financial institutions. So far, Stellar has been one of the fastest coins in the crypto market, but its price still remains relatively low, with only $0.10689 per coin at the time of writing. Its use cases are much-needed in this day and age, and that will surely remain true in the following years.

2. Basic Attention Token (BAT)

Next, we have BAT, which comes in combination with Brave browser. BAT is a coin which aims to change the way advertising works. So far, companies that wanted to offer their products to a wider audience needed to pay massive amounts of money to companies like Google, Facebook, and alike. They depended on these companies’ reach, as well as their efforts to advertise their products.

BAT and Brave hope to change that, with Brave blocking all online advertisement by default, and providing people the opportunity to watch ads of their own free will. To give them an incentive, each ad they choose to view will grant them a certain amount of BAT token. This will basically take power from major corporations that are currently holding a monopoly on the web, and allow companies to connect directly to their customers, and gain valuable feedback in return.

Currently, BAT price remains low, only $0.231500 per coin. However, this is likely to change in the following years, as Brave acquires more users and expands its reach even further.

3. Steem (STEEM)

Finally, there is Steem — a coin that features its own social media platform, Steemit. Steemit is a social media platform for bloggers, which allows people to express their thoughts and feelings, share images and videos, and get rewarded for posting content that the community likes.

It is similar to Reddit in a way, with the biggest difference being the fact that each upvote will grant you a certain amount of money, donated in crypto. You can also get money for commenting on other people’s posts, and even by upvoting other posts and comments, thus contributing the platform by pointing out the best quality content and community members.

Steemit is considered to be one of the platforms of the future, while STEEM has the potential to dominate an entire group of social media dApps, such as Steemit itself, Dtube, and many others. Meanwhile, STEEM price remains quite low as well, currently being at $0.452716. However, in the future, as more people start turning away from centralized platforms like Facebook and YouTube, Steemit and other members of the Steem dApp family will likely be the best alternative, and the increased usage will launch STEEM price to the moon.

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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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Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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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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