I went shopping for a few more. Here is what I bought today
Having very little money to buy with, I stuck to very low market cap coins. I also like these coins because they are the ones with the best potential ROI. (More on that soon in my next instalments of "How to Diversify your portfolio".)
Three of these coins were also in my 21 March shopping cart. Those coins are Loci coin, CargoX and Envion. I'm not going to cover them again, here is the link for a quick background on them. https://steemit.com/cryptocurrency/@bitbrain/crypto-shopping-cart-21-march I also wrote a complete review on Envion here: https://steemit.com/cryptocurrency/@bitbrain/cryptocurrency-spotlight-envion-evn
CXO and LOCI are still ridiculously cheap right now. Market cap wise they are in positions 509 and 622 respectively (at time of writing). If you look at these coins you'll see why their potential for very high ROI is so great. Very brief description: Loci deals with idea patenting and CargoX deals with large scale shipping logistics.
Covesting is in position 404 and should grow nicely too. COV is a platform designed to help new crypto investors copy the trades of professionals. Market cap is only just over $14 Mil making it an absolute bargain. As more new crypto investors enter the market, I foresee trade copying becoming very popular and thus profitable.
From https://covesting.io
Envion is one of my favourites and I just had to grab a little more while it is still so cheap. If you don't have the time to read the detailed link above, it's a miner coin that uses containerised mining running powered by renewable electricity sources.
I mentioned the lack of updates from the team twice in recent posts and Envion have since become even worse at keeping their investors updated. This is sad because they used to be far better at PR. Perhaps their schedule is slipping and they don't want to make it public. I don't know. I can handle a slipped schedule (within reason, not like Electroneum does it), it's common, but I do want transparency, it builds and maintains the all important "trust" factor. (https://steemit.com/cryptocurrency/@bitbrain/who-do-you-trust) By not keeping investors updated, Envion is inviting the kind of speculation that I am doing in this paragraph. Come on Envion, get your PR act together! Having said that, it still remains a great buy in my books.
Yours in crypto,
Bit Brain
DISCLAIMER:
I am neither a financial advisor nor a professional trader/investor. This is not financial advice, investment advice or trading advice. Unless otherwise stated, all my posts are my opinion and nothing more. Crypto is highly volatile and you can easily lose everything in crypto. You invest at your own risk! Information I post may be erroneous or construed as being misleading. I will not be held responsible for anything which is incorrect, missing, out-of-date or fabricated. Any information you use is done so at your own risk. Always Do Your Own Research (DYOR) and realise that you and you alone are responsible for your crypto portfolio and whatever happens to it.
