I have a feeling we will see new wave of energy into the minnow coins that are yet to obtain attention of the market and did not benefit from the first crazy three months of crypto madness.
As confidence increases and more corporate and mainstream capital increases we will see an exponential growth at the bottom of the market.
Does it validate these particular cryptocurrencies for the future?
Not necessarily as each development and management team will have to deliver on their forecasts to maintain their community and interest otherwise in 2 to 3 years time they may not do very well and may even fold.
Be careful and be mindful with any investment and be sure to research into their strategy and the ascertain feelings within the chat rooms where they talk about development.
I have decided to buy big on Dogecoin, Verge and Reddcoin with a 2 year minimum hold strategy and will look at some others with plenty of new coins coming soon like PeerPlays and EOS.
Time will tell if these will pay of and I accept it is a risk however it is one I am willing to take based on instincts and what I feel is going to happen in the immediate future.
What do you think?
Please leave a comment and lets discuss.
Follow Sebastian – @sebastianjago
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