In the past 2 weeks the anonymous coins have surged like crazy. I wrote articles in which I advised people to focus on NAV and Monero. Those that did this are probably very happy now. Monero went up 300 % since my post and NAV 600 %. For those that missed this surge ... I still believe that there is money to be made with these coins. At the moment they have all corrected. NAV is even down from 13k to 7k. Why do I believe these coins can still go up a lot ?
Well, Roger Ver predicts a market cap of Monero around 1 billion market cap in 2016. Predictions are of course not truths, but it is at least interesting if a big name makes such a call.
https://www.reddit.com/r/Monero/comments/500kkh/roger_ver_predicts_1_billion_market_cap_for_xmr/
I don't know whether Monero will reach a 1 billion market cap this year, but I do believe it will go up much more. The price didn't correct that much after its surge. I also see a volume of 20 million $, which is more than twice the volume of Ethereum. Another fact that I believe will push Monero upwards is the fact that governments are really starting to control people's money way too much. I read an article this week of a site that I use for investment advice, that claims if someone takes of a substantial amount of cash out of the bank, his name is registered. The same is done for people that buy huge amounts of gold. So for me, I also believe that Monero is still way undervalued.
Now, what about NAV ? NAV is not as known as Monero but it is an anonymous coin with a new and interesting way of providing anonimity via a second encrypted subchain.
http://navcoin.org/news/articles/post/nav-coin-updates-anonymous-network
Since the beginning of this year NAV already had a huge surge of 800 %, but with this news it surged with an extra 600 %. So I guess this must have been like a 4800 % surge since the beginning of the year. Is the surge over ? I don't think so. Monero's surge will take all other anonymous coins with it. So if you believe Monero will go up, then NAV and SDC must go up to. In the specific case of NAV, I believe it will go up even if Monero doesn't go up. Why ? Because there still has to come a decentralization of their subchain. When this happens the price of NAV will surge again.
I also believe SDC will still surge a lot despite the tremendous surge it already made this year. Monero will take SDC up. Moreover, SDC will probably release the first anonymous decentralized marketplace. I believe this will make the SDC price explode.
I am not advizing anyone to buy any of these coins. I did buy all 3 of them and made some very nice gains with it. Only with SDC I am making some small loss because I found out its potential a bit too late. But I don't care because I believe it will go up in the future. I remember when I bought NAV I was at a small loss for a whole month. Then suddenly it rose 600 %. But I do advize people to at least get informed about these coins because there is huge investment potential in them.
Happy trading !