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Crushing the Crypto Market – My Crypto Watchlist (Pt. 3)

If you’re going to invest in crypto, you want to avoid the “shit coins” at all costs and instead opt for the most promising projects in the space.

Here are three solid cryptos: Nexus, Basic Attention Token, and Binance Coin.

 

#1: Nexus (NXS)

Nexus is one of the most innovative and ambitious blockchain projects.

It never had an initial coin offering, meaning all growth has been organic, as opposed to many other projects that used ICOs to raise funds, generate hype and inflate the price of their coin.

Nexus is on a mission to free humankind from centralized systems.

The Nexus blockchain architecture is highly decentralized, secure and infinitely scalable – like Satoshi (the creator of Bitcoin) originally envisioned.

This is possible by leveraging a trihybrid consensus algorithm that is far superior to Bitcoin’s.

The 3D blockchain architecture, which is the first of its kind, will allow for full scalability at 100,000 transactions per second (for some perspective, Visa can do 40,000).

Nexus has a lot more to offer than just their cryptocurrency. Their platform is also D(app) and smart contract compatible; plus, they have partnered with Vector Space Systems and plan to launch cube satellites into low earth orbit with the goal of providing worldwide network access.

Jim Cantrell, the CEO of Vector Space, was one of the first members of SpaceX with Elon Musk.

The Nexus tritium wallet looks awesome and will allow you to earn .5% to 3% interest for staking. You can check it out below.

 

 

Artificial Intelligence

Blockchain’s compatibility with artificial intelligence and robotics ranks right up there among the most promising and exciting aspects of the technology.

 

Music

Nexus is headed up by founder Colin Cantrell, who is a young programmer, entrepreneur, and musician.

You can view his interviews and presentations across blockchain channels on YouTube as well as the Nexus Blockchain channel.

One of the first things that will jump out at you is how intelligent Colin is, but his artistic touch also gives the project an aesthetic appeal that makes Nexus unique.

Many of the members of the Nexus team share a passion for music and art, which is why they plan to use their D(app) and smart contracts platform to provide a more efficient payment mechanism for artists.

 

A Contrarian Point of View on Nexus

Nexus’s mission and technology are some of the most ambitious in the world of crypto. However, they will need to complete their 3D blockchain architecture and tritium wallet in order to fully realize their potential.

The tritium wallet is slated for the latter part of 2019, with upgrades to the 3D chain scheduled for 2020.

This interplanetary crypto’s plans may take a while longer to materialize.

#2: Basic Attention Token (BAT)

Whereas cryptos like Nexus seek to give us more power over our finances, BAT, through their Brave browser, aims to restore our privacy and security when browsing online.

Brave is a FASTER and more SECURE way of browsing without having to see ads.

BAT’s Ethereum blockchain enables Brave to use an anonymous ledger system, which means no third-party is required and data captured by the browser is stored exclusively on your device.

Nobody else has access to your data.

This is a huge plus, in an age of data scandals, pop-ups, and intrusive advertising practices.

In the future, you will be able to elect to see ads and be compensated for it –up to $70 per year, according to CEO Brendan Eich.

When users get paid for seeing ads, it will be with the BAT cryptocurrency.

At the same time, publishers get a better deal in the form of lower advertising fees.

The Team

Basic Attention Token’s development team is top-notch. Their founder is Brendan Eich. If you’re not familiar with Brendan, he invented JavaScript (the #1 programming language used on the internet) and founded Mozilla and Firefox.

Brave already has 5.5 million monthly active users.

With all the benefits in security, speed and advertising – not to mention the DOPE branding – there’s no doubt that Brave and BAT will continue to accumulate millions of additional users in the years to come.

Don’t you want to browse like the king of the internet jungle?

 

A Contrarian Point of View on Basic Attention Token

BAT is an ad-based platform. This being the case, it is very plausible that they could rack up millions of users. But some would argue that what really drives prices in the crypto space is the storage of value (like precious metals).

BAT’s lead developer has an excellent background and the coin already has a broad base of users. However, if usage is coming primarily from ads, it may not necessarily result in the highest price increase among top coins.

BAT has also increased by about 50% in the last few weeks, moving from 19 cents to 30 cents. If we are to consider market gyrations, it would not be out of the question for BAT to have a 15% correction soon.

 

#3: Binance Coin (BNB)

Binance is the largest crypto exchange and happens to also have its own coin.

Since launching in mid-2017, the exchange has accumulated more than 10 million active users from around the globe, but its founder Changpeng Zhao is shooting to have more than 1 billion by the year 2040.

The price of the BNB coin went from 10 cents to more than $24 at the height of the bullrun in 2017.

While BNB did see a correction in 2018, it is now trading in the $9 range (amounting to what is an increase of 8900% since mind-2017) – this is an anomaly since almost every other solid cryptocurrency got thrashed last year.

Updated: April 2, 2019

Since writing this post a few weeks ago, Binance Coin has risen more than 100% and is now at about $19.

If you do some research on Binance and its trajectory, it’s not surprising that BNB has done so well while other promising crypto projects have had to grind it out.

BNB is essentially the house, and they were able to net 300 million in profits during the downturn.

With the Binance Labs Incubation Program, they are looking to fund crypto startups for a 10% equity.

The program received 500 applications in its first season, eight of which will be chosen for funding.

There are many facets of Binance’s mission that are worthy of consideration such as their commitment to charity, Changpeng Zhao’s hands-on involvement in the project, and their measures to ensure the safety of Binance traders’ funds (. i.e., SAFU per LondonLetter.org).

Binance is the real deal in crypto trading and is poised to be an integral part of the crypto world in the years to come.

Conclusion

These are just three examples of what is up-and-coming in the world of crypto today. Don’t get fixated on the case of Bitcoin and Bitcoin alone.

With Nexus (NXS), you have a potential grand slam blockchain that will enable internet access to the most remote places on the globe, provide artists with a fair cut for the first time in history, and possibly be an integral part in the real-world Ex Machina.

Basic Attention Token (BAT) is another awesome project that you can benefit from right now – just download the Brave browser here, and witness the fast, ad-free browsing.

Binance is the house of the cryptosphere and is already producing ridiculous returns. As their portfolio of startups continues to grow over the coming years, so will the value of BNB, albeit most likely at a slower clip than some of the high flying cryptos.

Choose wisely. Nothing is ever guaranteed, but the cost of inaction could be atrocious.

Key Post Takeaway

Buying at a support level prevents you from becoming discouraged with future price dips. Staying in the market is half of the battle. The other half is not getting greedy at the height of the next bullrun.

Purchase incrementally and sell incrementally. This is not a get rich quick scheme. DO YOUR OWN RESEARCH, AND DON’T RELY SOLELY ON MY PICKS.

Reading the suggestions below will give you a ton of information and have you well on your way, IF you are willing to do the work.

Recommended Reading

Want to learn a shit load about crypto in just a few days? Here are some resources I used to get better acquainted with space.

  1. Read all Quora answers written by Marius Kramer.
  2. Read all Quora answers written by George Tung.

Bonus Tips:

You will need to register for a couple of exchanges in order to purchase crypto. Don’t fret; the process is simple.

Website #1 – Coinbase.com. You can use this exchange to purchase Basic Attention Token (BAT).

Website #2 – Binance.com. You can use this exchange to purchase Nexus (NXS) and Binance Coin (BNB).

Important Note: To purchase Nexus (NXS) or Binance Coin (BNB), you will first need to buy Bitcoin (BTC) from Coinbase, then transfer to your Binance account. You cannot buy these coins with cash. You will need to buy with BTC.

DISCLAIMER: I am not a financial adviser, and this is not financial advice. This information is for educational purposes only. Please do not take any of my opinions at face value. Do your own research. If you cannot make your own decisions, please disregard this article, and may god have mercy on your soul.

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