Before we get started, I want to apologise for my lack of activity on Steemit this week. I got to the point where I felt like I was in front of a computer screen all day long every day looking at charts and felt like having a bit of time off, so I put all my investments into safe places and decided to not day trade or blog for a week and enjoy the outdoors a bit more. Now that I got it out of my system I feel way better, more focused and ready to earn some serious crypto! Now that I have got that out of the way, let us get on with the coin picks.
After sitting down for a few hours and looking at the charts of several cryptos I have come up with a list of coins that I believe are a great buy right now.
Ethereum
Ethereum was a coin a was starting to worry me because of recent events. First we had the influx of ICOs, then we had the major blockchain traffic causing issues and then the price halved and didn't recover for a long time due to the great hype and marketing of both EOS and NEO. That said, over the last week, we have seen tremendous growth and the charts show no signs of slowing down. I suspect that we could be seeing a even more bullish run on Ethereum in the days to come and would not in any way be surprised if we broke the all time high. I have put some of my portfolio back into Ethereum.
NEO
While the price right now is still probably a little high, I think buying in at $30-35 is actually a good price. It might drop slightly lower than that but I cannot see it going too low. I decided to buy a little more NEO and hold it. It might take a little while to break the all time high, but when it does we are making close to 2X.
Reddcoin
Yes, I'm still convinced Reddcoin will make 5-10X when Redd-ID is released. I am holding several million already so I am not going to buy much more, but I recommend buying Reddcoin in the 23-25 satoshi range and no higher. I could easily see the coin hitting 150-200 satoshi when Redd-ID is released. The Reddcoin developers claimed a 3Q release so we should see this finally happen soon.
TenX
I feel like TenX is an obvious good choice. The price is pretty low at the moment and the potential is pretty high. I would avoid buying TenX for more than $3.50 for best results. The IOS app is just around the corner and more cards will soon be available. There is a lot of hype around TenX and I personally believe it will win the battle of the cards against Monaco. I can easily see the PAY token hitting $7.50 to $10 dollars in the near future and higher than that in the long term. I have purchased some more today.
Stratis
Now let me be clear, I am not suggesting Stratis as a short term investment because it could not be, but I think the current Stratis prices are a steal and we could easily see Stratis go the way of NEO. I would not bat an eyelid if we see Stratis hit $25 dollars or more because it is such a good platform and idea. The current price is $5.43 and I think this is an excellent price. I decided to buy a little more at this price.
There it is folks, those were my picks of the week!
As usual please let me know in the comments what you think is the Best Buy right now and why.
Happy Investing
Cryptoviking
