The interim corrections at Bitcoin does not scare the optimist: There will be "mass adoption" and education of the people. Starting off at a mere 8cents, Bitcoin has risen by to currently $14,000. Shareholders of the initial Bitcoin offering have gained an explosive return on their initial investment in less than 5 years. This paved the way for early adopters to make very good returns at a fraction of let's say the share price of a stock on the stock market. And the benefits far out ways the traditional way we invested in Shares.
In 2018 I see the trend that companies are selling shares as "Initial Coin Offerings" or ICO.
The simplest way to understand an ICO is that it consists of crowdfunding on top of a blockchain (the technology behind Bitcoin). Investors buy tokens -- units of digital currency -- which are typically meant to be an integral part of the application that the startup wants to build. The bet is that the application will be popular and thereby generate demand for the tokens, increasing their value.
The drive to discover alternate ways for a new company to raise money has birthed many experiments, but none more prominent than the 2017 rise of these Initial Coin Offerings. Investing in a digital currency is extremely high-risk — more so than traditional startup investing — but is motivated largely by the explosive
growth in the potential future value with
very low starting prices.
More often than not, these ICO's or tokens gain value as they are very cheap to acquire in the pre-Launch stages. An ICO typically involves selling a new digital currency at a discount — or a “token” — as part of a way for a company to raise money. If that cryptocurrency succeeds and appreciates in value — often based on speculation, just as stocks do in the public market — the investor has made a profit. Buyers during the presale period personally conduct a transaction. Later on, a purchaser can use a website portal, that requires an identity check and then after the pre-sale, these alternative coins gain momentum and gets listed on International exchanges. This is usually where the coin gains traction and mass investment, pushing prices higher and paying off the initial investor.
So far, most ICOs are built on top of Ethereum, which is like a version of Bitcoin that can also host applications called "smart contracts."One such a coin That is a South African Based ICO is worth looking into at pre-launch prices. Bitrand or BTR is one such ICO that is bound to take the South African market by storm. Insiders are extremely secretive about the proposed applications and at the time of this writing we were unable to get any substantial information as to when this ICO will be released for pre-sale and who the role-players will be. We will be keeping a close eye on that one..
As mentioned before, my prediction is that 2018 will win less Bitcoin and Bitcoin shares, but quite a few new ICO's - the "new generation of Blockchain". If 2018 is the year of the Bitcoin alternatives, then new small caps should be worthwhile looking into. Here are our favourites:
* BTR - Bitrand
No Information available as yet. Watch this space.
* NXT
Current Target = $1,34
* Ripple
Current Target = $2,61
* IOTA
Current Target = $3,84
* Dogecoin
Current Target = $0,84
SUGGESTED - SAVETY ZONES
1. Bitcoin
Current Target = $12 807,50
2. Ethereum
Current Target = $709,01
3. Bitcoin Cash
Current Target = $2 414,17
Be sure to subscribe to this blog and keep up to date with the ever-changing trends in the South African Crypto trading environment.
Disclaimer
Please be advised that we are not a financial institution and we are publishing trading ideas and speculative information. Any investments in any form of financial product is done completely at the reader's own risk and we cannot be held liable for any financial decisions taken by our readers. As with all high-return investments, buying cryptocurrency is risky, and ICOs are riskier still. All data and information is provided “as is” for personal informational purposes only, and is not intended for trading purposes or advice. Please consult your broker or financial representative to verify pricing before executing any trade. As with all active investments in general, it is wise to never commit more money than you can afford to lose.
