Post
Topic
Board Speculation (Altcoins)
Re: Best coin for January
by
Wladestaucs
on 10/01/2018, 06:42:06 UTC
Best coin for January? Well, let's see based on the following recommendations:

NEO has had a great January so far. Can it get much better? I think yes, yes it can. I would be very surprised to see it close January under 0.1 BTC. It should close well high of that, possibly as high as $200 even.

ZClassic (ZCL) moved up quite a bit a few days ago, and is taking a very healthy breather right now from that latest bull run. I expect ZCL to move very close to the psychological support line of 0.01 BTC, before taking off again to 0.015 BTC. Overall I am very bullish on ZCL, but in the long term rather than for just January.

Verge (XVG) has had tremendous volume, but it is far shy of its highs from just 2 weeks ago. So what happened? Likely this is a 50% retracement / consolidation event. In most cases, I see this as a very bullish indicator. However, in Verge's case, I do not. I believe Verge was over-pumped by hype, and it has farther to travel downwards to find a true support line.

Spectre (XSpec) had a great end of 2017 and started off well in 2018, but ran into a bit of a slump like Verge. Again, this is likely a 50% retracement / consolidation however, but unlike Verge, Spectre should be primed for another large up-leg to $20.

But wait, basically the same tune for both Verge and Spectre, but why do I pick Spectre over Verge? Simple answer: marketcap. Verge's marketcap is awfully bloated right now, and is mostly thanks to John McAfee pumping Verge from his own channel. Spectre is still very much unknown, and therefore has a very large upside potential still. If/When Spectre reaches Verge's marketcap, then we can talk about other fundamentals like their tech, team and user base. Until then, Spectre is my choice for big gains in the privacy coin market.

And for good measure, my own pick:

Obsidian (ODN) is a darkhorse I just recently found out about, and its been on a heater since 2 days ago. I think January could see it with a few more multiples, possibly up to $5. Want to make a quick 2x in 3 weeks? ODN is a solid pick for sure.