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Cryptocurrency markets continue to provide volatility and entry points if properly timed. This week has more cryptocurrencies that have been selected because of the important news at the horizon, impressive growth during the bear market and passive income that has exceeded 100% of returns during the months of the year. ;bear.
Market Status
People have been discussing for eight months what the next catalyst will be that shifts the market momentum from Bear to Taurus. Will it be a fund traded in September ("ETF") for BTC? Will the government support regulations be? Could it be as simple as the 3 or 4 quarter round-runs that occur regularly that seems to take place as families are home for the holidays? Regardless of what starts the next bull run, it is important to position yourself so that they are exposed to the coins they believe will beat the bitcoin return. If you can not beat the return of BTC it would be better if you held only BTC 0 0 .
The total market encryption capitalization currently is $ 203 billion with BTC accounting for 54.7% of that. On 5 September 2018, the total capitalization of the cryptographic market was 26% higher than $ 256 billion. This means that in the previous 72 hours the market has covered 26%. Providing a perfect re-entry opportunity for those who were watching a few weeks of green from the sideline.
This week offers opportunities for some different cryptocurrencies:
- NPXS (Pundi X) – Specialized in point of sale systems using crypto and has just shipped over 5,000 POS units while signing deals with new South American countries.
- POLIS (Polis Coin) – Their return masternode was 140% in the previous 261 days.
- TRIG (Triggers) – The calendar says everyone; stand at the NRA conference from 14 to 16 September, public launch of Smargtuns, launch of Masternodes (by November 15), launch of Mainnet (by the end of 2018).
Diversification is essential, even in crypts, these three interesting cryptodes offer unique opportunities due to market conditions and ongoing projects
TRIG (Trigger) – NRA Convention, Masternodes & Mainnet
TRIG [19659017] 0 0 is a new concept focused on a niche market in the only place where if it were successful it would take place. TRIG, short for Triggers, focused on putting firearms on the blockchain. The United States has some of the most relaxed arms laws in the world, with registration that is not a requirement in most states. This makes it possible to track the sale of a weapon from a producer to an individual, and from an individual to an individual increasingly difficult. TRIG tries to solve this problem and their ambitious calendar will probably increase the price even without any change in market sentiment.
TRIG has a stand in one of the largest NRA conventions (National Rifle Association) of the year from 14 to 16 September. The last time TRIG held a stand at a NRA convention, the price of TRIG increased over the past three days and during the two days of the actual convention. The people at the ANR conferences are not the people who know the technology at the cryptographic conferences, many could be exposed to cryptography and TRIG for the first time in the coming weeks. If history repeats itself, it is likely that the TRIG will begin its run in the week to come through the conference.
TRIG has a market capitalization of 5.3 million which makes it one of the coins with the lowest capitalization of Binance. With a price tag of $ 0.16 and a January high of $ 8.85, TRIG seems to be one of those encrypted that could easily popped up a little. What kind of inspiration or catalyst could the TRIG provide to the markets?
The first catalyst is likely to occur when the date of the NRA CarryGuardExpo approaches and cryptographers see it in cryptographic calendars. Currently, 7 days away, most will not click on those pages to find updates on TRIG. Following "cryptographic calendar watchers" chasing TRIG higher, it is likely that their presence at the NRA conference is indeed well received as before.
In the two months immediately following TRIG he promised to publicly release their Smartguns platform and their platform masternode. Masternodes are all the rage, providing passive income that in many cases exceeds 100% of the cost of the masternode. This occurs while MN owners remove thousands (if not millions) of currencies from the circulating supply to support MNs. This reduces supply and simultaneously increases demand as more individuals want to get the number of chips required for a masternode and then remove that quantity from a particular exchange. The circulating offer available for trading and transactions plummet while MN owners get a positive return as demand increases. TRIG also promised to release their mainnet by the end of the fourth quarter.
With a live mainnet by the end of the year, the masternodes on the immediate horizon and an NRA convention of epic proportions, TRIG appears to be one of the strongest short-term cryptos.
NPXS (Pundi X) – Bringing Crypto Point of Sale to Honk Kong and South America
Pundi X "NPXS" 0 0 helps transform retailing activities with the its point-sale solution based on blockchain. This allows the company to buy, sell and accept all payment methods, including cryptocurrency. With a market capitalization of around $ 187 million, it is somewhere between mid-level cryptocurrencies.
Pundi X shipped over 5,500 XPOS devices throughout Hong Kong, while it recently signed agreements with Brazil and Colombia to enter their markets. These offers to enter Brazil and Colombia follow Pundi X by opening a new office in Sao Paulo, Brazil. Manticora Capital has agreed to provide Colombia with 1,000 XPOS devices, while BitCapital distributes 1,000 XPOS devices throughout Brazil.
The utility adds more value than anything else in the cryptographic space and if Pundi X can implement the first encryption to fiat seamless transactions, they will solidify as having long-term relevance
Pundi X has peaked in price during the summer to $ 0.0042 per token with a market capitalization of $ 380 million on July 9, 2018. Returning to its current position, Pundi X has aggressively targeted South America along with emerging markets that would benefit most from a POS-based blockchain-based cryptocurrency payment system. Having signed agreements to operate in more countries on more than one continent, it seems that NPXS intends to strengthen its knowledge of the market for POS cryptographic payment systems.
POLIS (Polis Coin) – Masternode returns in excess of 140%
Masternodes has been talked about nauseam during the bear market as a way to generate passive income, regardless of whether the price of a currency diminishes, increases or goes sideways. POLIS 0 0 is a single currency that supports masternodes. What made POLIS stand out tremendously was their incredible return on investment (ROI), which was 140% in the previous 261 days.
With a market capitalization of $ 4 million, POLIS is the smallest market currency on this 20% list. Their current price per coin 0 0 is significantly lower than their January high of over $ 50 per coin. The fall from March to September is much more palpable, since most people did not clearly reflect in January 2018. POLIS negotiated at around $ 3 for the entire month of March and withdrew 60% from then to the value of today. However, if you calculate the performance you would have achieved if you had set a masternode in March, POLIS would actually be one of the few cryptocurrencies that has maintained its value from March to September.
Most people focus on how much cryptocurrency has fallen during the bear market when it is equally important to focus on passive income produced by the same currency. If the amount of passive income compensates for the decline in value, imagine the gains obtainable during a bull market when the cryptocurrency will appreciate and continue to provide passive income.
POLIS makes this list not because of their upcoming schedule, but because of their ability to provide such substantial passive income as to offset the losses incurred by the crypt in the previous six months.
For those who do not understand how or do not want to configure the infrastructure for mine, the masternodes provide a great ability to earn a passive income.
[Disclaimer: The views of the author do not represent the views of Bitcoinist and should not be taken as financial advice.]
To read the king's previous articles, to find out what ICO currently recommends, or to get in direct contact with the king, you can do it on Twitter (@JbtheCryptoKing) or Reddit (ICO updates and Daily Reports). The King is the founder of ANON and actively trades cryptocurrencies that previously held TRIG and NPXS.
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