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I am not just a blockchain devs, Yes I am also a crypto investor, because putting money excites me do more coding. I like both codes and charts.
First of all, let me clarify that I hate HODL this word.
I sincerely agree trading can teach us way much more. And even we lose all the money we invested, we at least learn a lot from this investment and this wisdom may save your life in the next decades.
Hodl this word for me is “to stick with”, not “to not sell or buy”.For example, if I say I am hodling NEO, it means, even I move money to buy others, I will alway convert back to NEO, because I decide to HODL NEO, stand with NEO, and backup NEO, I only trade alts to accumulate more NEO.
Please understand my usage of “HODL” here. I am not recommending you not to trade. Instead, I highly recommend everyone to take the advantage of this 24-hour available market, dangerous but valuable. Trading itself can be the most valuable thing and the lesson you have ever learned, the wisdom you picked is what make your life meaningful.
Jump to the conclusion, my picks for 2018 are Vechain, NEO and Litecoin. I will share my insight and some other must-not-invest coins later.
Again, it really doesn’t matter what coin I chose and what you should choose, it’s all about why I choose and if any coin fits my mindset, please share them with me and let’s complete the mission together.
It’s not JUST about making money, but supporting the mission and join the community.
As a hard-working Ethereum dev and writer, people around me also know I invested in crypto heavily. 2017 is a huge year. Before sharing my insight for 2018, let me shortly share my experience in 2017: I traded around 40 coins in 2017, some of them made me 10x+ in 3 month, some lost me 80% overnight. I bought ETH at $42 and out at $380, bought Antshare(rebrand to NEO later) at $7 then out at $60, bought BTC at $1250 and out at $16500. Other coins that didn’t made me much and even lose me a lot are including IOTA(lose me 70%), POWR(lose me 50%), OMG(lose me 30%), BCH(lose me 60%), I notice, for those what made me money, I hodl, for those losing, I buy high and even run for so-called quick money.
The lesson is, HODLing is what really made me happy in 2017. (and remember HODLing is to stick with, not no trading~)
For this reason, I decide to apply HODL strategy for my 2018 and here are my picks
Vechain(VEN rebrand to Vechain Token(VET) in Feb.)
- my love: ❤️❤️❤️❤️❤️
- price prediction: $25 by Q3,($6.6 today, 1/11/2018)
- has a 60-ppl full-time team(its the largest blockchain team, according to vechain), smart and appealing CEO, shining branding, good communication and marketing(in english), rich 2B experience, better-than-neo PoS system and reward rules, and most important, the most legit partnerships so far in the blockchain industry, others having legit partnerships are IOTA and ETH. (learn more on reddit thread, or I found out this article summarize it nicely.)
- my love: ❤️❤️❤️❤️
- price: $250 by Q3 ($110 today, 1/11/2018)
- full-time modest team, sweet and hard-working CEO, good tech, moving toward to Japan and had good international expansion strategy, second-best ICO choice, lovely communication and strong fans economy.
- my love: ❤️❤️❤️
- price: $1000 by Q3 ($230 today, 1/11/2018)
- oldest alts project in top 20, hard-working founder, visible international expansion efforts, the “only real general-purpose currency” in top 20, faster and continual improving fee and transaction speed, second-most penetrated crypto along with BTC and ETH, cheapest-per-unit coin on GDAX
I will must not touch these BIG tokens
This list is not all but I want to list these 5 here to share my public PERSONAL opinion.
My evaluation benchmark is: what they do, will they outperform any of my top three in 2017? and if I want to sleep with them LoL. This list may make many people unhappy, since many of them had really good performance in the past few days, but I either think it’s overvalue or they look evil to me.
XRP, centralized (af for a reason), unlimited supply(as same as the fiat!?), founder own huge portion, unpredictable price, evil (I will never buy in even it goes to $100.)
XVG, hyping, p&d, evil, poor commitment history, failing in communication
TRX, hyping and dishonest CEO, evil, partner with obike is good tho, no product yet
EOS, useless until Q3, evil, no partnership, mean to destroy(control) ethereum, overvalue atm, no product yet
BCH, duplicated with LTC, 8M block sizes is not sustainable after 3 years, miners are dropping it, Bitcoin forking is pointless and more for hyping
Projects I love but will not hodl:
There are many reasons I won’t invest, but most important is I think they are already at it’s reasonable price. (they will just keep climbing at an average industry speed, around 60%-100% per 4 months)
ADA, the most well-engineered smart contract platform, already top 5, good branding, strong love from Japan, no product yet
LSK, it’s all in javascript, plain branding, stable-growing price, weak community
QTUM, modest and full-time team, beautiful branding, second famous ICO platform in China
OMG, big dream, game changer, good reputation, strong believer community, full-time team
IOTA, legit partnership, promising Tangle tech, lack of communication, weird price movement
The end, remember, this is not an investment guide or advise for you, neither your friend.
I just want to share my mindset and preference so if you find any new project fits my mindset, please comment below and let’s win big together. By the way, I am always holding Ethereum for sure, because it’s all what I started with :)
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.