Post
Topic
Board Speculation (Altcoins)
Merits 1 from 1 user
Re: What is best PoS coin to invest into right now?
by
Abiky
on 31/01/2019, 16:13:52 UTC
⭐ Merited by vella85 (1)
You're welcome my friend!

Well for anyone that did get into HotShot when I posted this would be very happy now as the price has since gone up from around 1300 sats to close to 3k sats and is now currently trading at around 2400 sats. The team has just launched their HotDex exchange which I'm sure will be a success as they plan to have the cheapest listing fee on the market and also they give projects the opportunity to list for free by voting.

Yes I looked at x42 and I like what I see, thanks for the tip mate!

Glad to be of help to you. Honestly, I believe that HotShot is quite a bargain these days, as well as, other prominent PoS cryptocurrencies. It's the perfect opportunity to buy some more coins, for better staking rewards. Being a huge supporter of decentralized exchanges myself, I consider them to be the future of crypto trading.

As for x42, I believe that it needs more marketing/promotion, to get noticed within the crypto sector. Its advantages are numerous (like being feeless and extremely fast) but if people are not aware of its existence, it won't be rising that much in price. I'd recommend that if you stake x42 or any other PoS coin, you should divide your balance into multiple transactions by using the "Coin Control" feature (look for more info on Google). This will allow you to optimize your wallet for better and constant staking rewards.

Nonetheless, it's good to know the variety of options to choose from, as they can allow us to build our own passive income in many ways. So far, my favorites are: StakeNet, x42, Bean Cash, PIVX, HotShot, and Magi. But there are other good old PoS coins (like Peercoin) which are worth looking at. Smiley