The crypto market is in a state of bearish mode with the cycle showing no signs of ending as analysts indicate that we could be heading back to a reconciliation range of $7k after which bitcoin is expected to a hit a new all time high.
With that said, many alt coins are in the red and which of these coins will you be capitalizing on? Mention your's in the comments, these are my top 3 coins I intend to hodl.
1)BAT
The BAT has been one of the hottest and best cryptocurrencies throughout 2018, 2019 and 2020.
Basic Attention Token (BAT) is another utility token and is utilised by the Brave Browser. The BAT token is used to tip content creators, as well as virtually anyone you find helpful on the Internet.
2)
NEM is actually quite different from other cryptocurrencies for two main reasons, which makes it quite attractive to young investors.
First, instead of mining, you ‘harvest’; second, ‘proof-of-importance’ is how you determine who will harvest the next block. On top of being a cryptocurrency, NEM is also a platform for building applications.
3)
BET(EarnBet)- an online decentralized casino operating on the WAX chain and taking blockchain gaming to a whole new level. The casino offers games like Dice, Hilo, Blackjack, etc. It recently partnered up with ChainLink in utilizing its state of the art price prediction and betting mechanisms . The casino is user owned and 100% of profits are distributed to token holders.
The casino recently distributed over $60,000 in dividends ( a month's worth) to token holders in coins such as btc. What makes this project so special is that it has the potential to explode during these unforeseen circumstances as users are generally switching over to online forms of entertainment.
4)
Ethereum is the second-largest cryptocurrency platform by market capitalization, behind Bitcoin. It is a decentralized open source blockchain featuring smart contract functionality. Ether is the cryptocurrency generated by Ethereum miners as a reward for computations performed to secure the blockchain. Recently, Coca-Cola announced that it will be utilizing Etherum's mainnet hence it is hot project that may sooner or later explode further. It is interesting to note that Etherum, among the major alts respond fastest to the change in market conditions. Therefore, it follows bitcoins trends but fluctuates more than bitcoin, hence its volatility may be a concern to some.L