Topic: Altcoin hidden gems. (Read 1085 times)

For me DMD Diamond has been my highest-earning "hidden gem" for years now.

I of course had always tended to look out for coins named after game assets such as diamonds, rubies, sapphires and emeralds, but what really got me started on DMD was back when a centralised exchange called Cryptsy started to restrict withdrawals.

They shut down BTC withdrawals while DMD was still possible to withdraw, so I made my exit from that exchange in time before it totally collapsed by piling all the capital I had there (probably almost all already being profits by then) into DMD to withdraw it.

I cannot now recall how long after that it was that DMD made the move from v2 to v3, but by the time that move was completed, which introduced so called "master nodes" or "masternodes", I had enough DMD to fire up a bunch of them.

I didn't bother retaining DMD v2 for the Galactic Milieu, and also did not put the new DMDv3 into real use in the milieu either, at least not as a one-to-one token representing the actual coins, because I didn't want to encourage people to leave the coins "on an exchange" (that is, leave them bailed-in as tokens) unless prepared to somehow give them the benefit of the staking.

I did start setting up toward doing them as a sort of "traded fund", where the tokens would be shares of a fund that would accumulate staking rewaards from the coins in the fund, but am not thrilled by that approach either. For one thing shares are securities so are probably something best kept fictional as in being only game items not to be confused with "real life" shares, and that means keeping them on a clearly game platform, meaning on HORIZON but not on STELLAR, at least until what problems "real life securities" might face becomes clearer and a simple clear way to get past those problems arises.

When the 2017-2018 bear market hit, DMD is what carried me through.

Sure its price was in the next few years often so low it didn't seem worth selling the staking earnings, but that just meant I was able to put more into "master nodes" in those years.

For the last few years DMD has been working on its version 4, DMDv4, which has taken a long time because they kept aiming the goal higher and higher. It is a "hidden gem" mainly in the sense it has been aimed at perfecting itself rather than at advertising itself.

DMDv4 is ETH-compatible but much faster and with much cheaper fees.

Do your own research into it, I'd be interested in hearing what you think of it.

For me it is something that has worked so well, for so long, even through the worst of times, that I  have not even looked into making any ETH-type tokens (which I anyway wonder about the efficiency of due to how its tokens seem to be implemented, compared to blockchains where tokens are native rather than a kludgy thing put together by "smart contracts") until I can do them on the DMDv4 chain.

-MarkM-

I agree, sometimes unexpectedly you can find a suitable gem that will bring a fairly stable profit for a long time. This is what happened to me with TFS. I was in search of a good gem and was losing money on unknown coins, but a friend advised me to try TFS, and staking this token on the fairspin platform, which brought me a fairly stable income

All you need to do is to carry out your personal research to see more favourable income in all those altcoins, if you can use bearish season to purchase and hold for a long period of time before you can sell in the bullish season to make a passive income. Ethereum, Solana and BNB are among the potential altcoins you can invest and you will have the confident that you will make something from your investment, because the three coins are doing well from the beginning of this year and the coins are still showing green light. In this aspect, you have your choice to make towards the coin to invest, i think if you choose Ethereum you will not fail in the future because the price will definitely increase to $5000 before the end of this year.

Making thorough research and background analysis is a lead way of making an informed decisions as regards to the choice of altcoin and is really hard to just pick one out the thousands the reason why diversifying in to many might be helpful thou I don't like the idea of involving in so many coins but you rather invest in few that seems to be promising.

You cannot say it hard because, there are lot of coins which are highly inspired us from bottom to top list lets say like MATIC, SOLANA, ADA... and so on the thing is we have to invest based on the utility of the project lets say it has be essential in our daily life.

There are numerous project in crypto these days as technology evolves more and more projects will be released for this bullrun I bet on AKASH NETWORK this coin has already started to dominate in networking sector just have a look on the utility of the project.

If you look at the launch date, the pre-sale price could be very cheap and could be more profitable for investors. but usually when it is first listed on the market, many investors who buy during the presale immediately sell their coins so the price goes down. If this happens continuously, it is possible that the coin will not last for 2 years.

If you look at the launch date on the stock exchange, maybe you can still take the long term. but of course we also have to pay attention to the project and community of the coin. If it doesn't feel good, it's better not to continue holding the coin.

That's kind of hard question to answer. Actually nobody knows what altcoin is going to enter in the top list, even it isn't suggested to invest all your money in one coin, diversification is the fact everyone need to follow. There are many altcoins which have potentiality and positive signs for shine in future, so it hard to pick only one out of these. But if i have to pick one then maybe arbitrum is the one. Not lesser known but not so much popular yet. This is another altcoin which came with its Blockchain to solve problems and going to reveal its advance technology in front of crypto market and has strong community, with dedicated team who are working for make things become easier than before

Something little known cannot possibly be a gem.  Bitcoin is of high value because it is very famous and very useful for many people.  If perhaps what you mean is a new coin that is not yet well known and has the potential to become valuable someday, it is very difficult to find it. I only believe in price trends, and they can change every day.  For a new coin, I think seeing it after 1 to 2 years of launching date is teh best way. On long trade, I think hold on Ethereum, BNB and Solana is the great choises.

actually there are a lot of hidden gems, but for those of us who can't analyze charts well then those gems will be missed and we can only be spectators when other people get satisfactory results, so we need knowledge and have to have a stance when choosing altcoins because of all predictions, there are also coins that don't go as expected, so losses are normal in investing, but we have to know a little about how to see potential altcoins and this means we have to join a community that is already an expert in choosing altcoins, the most important thing is that we have confidence in choosing every altcoin.

Everywhere have hidden gems and  who can take the right gems they will be happy in future with her facilities.

Looking for gems in altcoins is very difficult to predict. By taking the right attitude, you must have sufficient analysis,
various choices of altcoins with good potential cannot yet determine whether it will become a reality or even a prediction.
While waiting for the bullish market to occur, many more altcoin gems will appear with their respective networks, of course many altcoins will appear if the halving occurs this March.

read:

https://bitcointalksearch.org/topic/--5485491

Keep an eye on coinmarketcap and you'll see plenty of altcoins gathering where early altcoins are always the best. But many more coins or gems like this coin are likely to come in future. There are also many hidden or unknown altcoins that suddenly take the market by storm and bring good profits. Also, your research needs to be rigorous and even time-consuming to find the right coin. In fact the more you try to find altcoins the more crypto currency ideas you will get that will help you reach the best hide coin.

It's true that currently this rarely happens, therefore it's better to look for something safe to avoid bad things happening, it's better to divert direction to old altcoins that are already well established in the top 10, right? Don't be tempted by sweet offers of new projects that haven't been tested in reality

In that way no one can say that next Hidden gens altcoin it may be because altcoin crypto currency market is very risky here no one will tell you for sure that this token will go high so it is up to you to choose what type of project you want to invest in but you need a  I can give suggestions if you want to invest in any hidden gens altcoin, then you see the next trending projects and try to invest in these projects.

I just want to remind you not to trust crypto influencers too much. Plus what you recommend is a meme coin that is still not popular, which results in higher investment risks. If you want to invest in meme coins, maybe you should only invest with a very small value to avoid anything unexpected.

Allow me to pick 2 and not just 1, two altcoin gems I think will do really well in the coming bull run is..
1. CHAINGE (XCHNG token)
2. COQ inu

Chainge is a cross chain dex with lots of features like agreggated liquidity, cross chaining seemlessly with over 50 different chains listed, this and many more features.

While COQ inu is a meme coin, the very first on Avalanche blockchain, and very popular as well with community of supporter growing rapidly, some influencers speculate that COQ inu will be the best performer in the coming bull run.

There is still a chance to get high profit return but considering how rare it is you should not chase those because you'll ended up losing more than the amount of profit you would get if you ever get one.

It's so easy to make whitepaper look really promising and once they finish the bounty campaigns or after the presale then most likely they will not follow the whitepaper with so many delays for whatever reason they provide. It's such a shame with how many bounty campaigns have been running nowadays yet projects that is surviving is almost near zero, because of how bad the team is.

It's just a hope, the reality doesn't match the promises and hopes, it's just a dream, it's true that it's very rare and rare for that to happen. We can see 3-5x the profits from the investment we made as the best achievement for me if that really happens and if I have to choose, prefer investing in old altcoins that are already perched at the top rather than putting hope in new projects

Such a large profit is very rare, I am sure that the ratio is more than 1 to 1000. Moreover, new projects no longer just distribute their tokens (this also applies to airdrops), but offer to invest in themselves. IDO and analogues are of interest, but most often we are talking about x3-5 profit.