Hello there,
Before you proceed any further, I would like you to check out how I made 5x return with my previous investment and learn the key takeaways from it. You will find it to be very relevant to your potential investment in Veritaseum.
So, what is Veritaseum?
Veritaseum (or Veritas for short) is a Crypto-Asset which aims to decentralize the entire finance industry. One main aspect of Veritas is the decentralized exchange platform. It will not only include cryptocurrencies, but also bonds, stocks and other derivatives (options, futures, forwards and etc). As you can imagine, this is a trillion dollar market. Yes, trillions. For a detailed fundamental information and analysis of Veritaseum, it is highly recommended that you watch this powerpoint. The person that you see in the powerpoint is Reggie Middleton, who is the sole developer of the Veritas project and he is infamous for accurately shot calling various financial events.
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Currently, Veritas is not listed on any official exchange and was only recently listed on coinmarketcap 2 days ago. Prior to being listed on coinmarketcap, Vertias' market capitalization hovered at around 130million USD. Right now, it's violently fluctuating at 300million USD. This violent fluctuation is a good sign as it signals that weak-hand investors are exiting the market.
So, you must be asking and thinking 'Is now a good time to invest in Veritas? It already rose by 170million USD right? Which is more than its entire original market cap.'
My answer is yes. It's not late at all to invest in Veritas. Veritas is in its early stage of the development and has very small attention from the public compared to what it deserves. Do not take this as a professional investment advice, but my recommendation for you is to purchase as much as you can, up to the maximum amount that you can afford to lose, and wait for Veritas to hit any of the major exchanges. When this happens, you will see the same thing that happened with IOTA. the price will skyrocket to many multiples before crashing down. Even when it crashes down, it'll be more than double of your purchase price (Look at IOTA's price before it hit the exchange, and now).
As of 20th June 2017, my recommended purchase price is anywhere below 0.4 Veritas / ETH, depending on your risk appetite.
On a side note, if you don't know how to purchase Veritaseum, I suggest you watch this video. As Veritas isn't listed on any exchanges, it will be difficult to purchase it. However, if you are able to get in, you're in for a moon rocket!
Thanks for reading! Upvote if you liked it and subscribe if you want to see more of my posts!
-David
