I'm thinking of investing a bit of money into some relatively new token with low market cap (let's say below $20 mil.), so it would have a big potential to grow.
I checked quite a few and I'm thinking of putting the money into Mysterium.
They seem to have a solid project - a decentralized VPN sounds like a good idea to me, since I personally don't really trust the classical centralized ones (they promise not to keep traffic logs, but who knows). The only drawback I see there is a very limited communication with the public, despite of a lot of work being done. This, however, can actually be an advantage since probably "thanks" to this the MYST price has been going down for about three months now. I think it can't really go much lower and the trend already seems to be slowing down and turning, which makes me believe it's probably a good time to jump in. My guess is that the price can skyrocket once the development news are finally properly communicated.
I am however not very experienced in crypto in general, so I'd like to know your opinion and hear any advice you may have. Do you think that it could go at least x10, let's say within a year or so?
Thanks.
Heh, it looks like you were right about the Mysterium price Newbie
There was a double bottom at 0.0002 BTC, then a third a bit above those two, all at low volumes (i.e. nobody wants to sell at such a low price). Then there's a lot of buy orders appearing and the trend is obviously turning upwards. It's already a good sign and the expected news were not even published yet. I'll probably jump on the train too