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If your still wandering about dipping your toes into the cauldron of crypto currencies then a recent article by Mina Down in the Altcoin Magazine might just be enough for you to decide to take a punt.
According to Mina "The cryptocurrency world has seen many ups and downs, and there are certainly more to come. But now it seems the latest “crypto winter” is ending and a “crypto spring” has begun. In other words, cryptocurrency markets seem to be slowly heating up again. This makes it a good time to invest in tokens and coins before prices rise too high."
If you are leaning towards taking punt then Mina has chosen the altcoins below because he think each project has tremendous potential to be successful. One of the key consideration is affordability. Each coin or token below is very inexpensive right now. In some cases, several thousand can be bought with just a few dollars. The low price represents a lower barrier to entry for those without much income or who are new to cryptocurrency. In fact, many people first acquire crypto through faucets and microtasks, which results in only a few dollars worth of BTC at best. The great thing about the altcoins discussed below is you do not need much more than that to buy in.
If your one of the many millions who has downloaded files using BitTorrent then you'll be interested to know that in July 2018, TRON acquired BitTorrent, the biggest peer-to-peer file sharing protocol in the world. It currently has over 100+ million users and makes up 33% of the total internet traffic. TRON’s plan is to combine its blockchain network and BitTorrent’s P2P network to create an infrastructure for a decentralized content distribution platform (akin to a new Internet) for a global user base. The partnership between TRON and BitTorrent has been dubbed ‘Project Atlas.’
Given the strength of TRON and how established BitTorrent already is, it is unlikely Project Atlas is going to fail anytime soon. The BTT token has not been trading for long and it is at a very low price at the time of this writing. With these two factors in mind, Mina thinks that it unlikely that BTT will not rise in value quite a bit in the next crypto bull run.
The next Alltcoin Mina selected was :
IoTeX is an open-source project founded in 2017 that is building a new privacy-oriented blockchain platform to enable the Internet of Things (IoT). The IoT refers to the possibility of digital communication and interaction beyond computers and personal devices to encompass all of the various devices around us with digital capabilities. The number of IoT devices is expected to surpass 50 billion by 2022. This mass of Internet-connected devices will need secure methods of communication and automation in real-time. This is the niche that IoTex is planning to fill.
The architecture of IoTeX is based on a root blockchain that provides security and governance for the network, while also managing various sidechains to carry out specific functions.
If you have any interest in the Internet of Things (IoT) then this one may just for you.
Lastly Mina has chosen:
PundiX is a new blockchain project that aims to use cryptocurrency to create a global cashless payment system. Its blockchain-enabled Point-of-Sale (XPoS) devices let shops, cafes and convenience stores sell cryptocurrency and accept cryptocurrency payments. All a merchant has to do is have an XPoS in their store. The device works with a simple mobile wallet (XWallet) that customers use to make payments in physical stores. It has a simple interface for buying and selling BTC, ETH, XEM, and QTUM. It also has a check-out menu to execute purchases with cryptocurrencies. With every transaction, the XPoS prints a receipt for the customer and tracks orders and inventory for the store owner.
PundiX is an exciting project because it already delivered its first 500 units to participating businesses in Hong Kong in June 2018. Pundi is now accepting orders from merchants for the XPoS system and plans to deliver 100,000–700,000 devices to at least 12 different countries over the next three years. The PundiX project builds on the success of Pundi-Pundi, which is already a popular (non-blockchain-based) cashless payment app in Indonesia that uses smartphones to make instant payments in retail and restaurant outlets.
The price of NPXS is extremely low at the moment, which is one reason to consider buying some. Another is that over the next three months PundiX will be airdropping more NPXS to holders (11.1% of total holdings per month).
So there you are. If you do decide to take a punt then your unlikely to lose your shirt and with a little bit of luck you might even be rewarded with a new suit!!
