It’s not looking great. As someone said, there’s much better ROI coins for your capital out there, the thought of an exchange in the late future is not enough to increase demand as you can see
The coin has good fundamentals no doubt.
but people are here to make money.. anyone that says they’re not is lying.
The coin has good fundamentals no doubt.
but people are here to make money.. anyone that says they’re not is lying.
What coins? Can you name them so that I can research them? Every since PoW stopped for XLR, I have been looking for other coins to invest in. Here are a few that I am looking at:
BridgeCoin (BCO) https://bitcointalksearch.org/topic/anncryptobridgebcogateway-to-bitshares-released-now-beta-2015949. This is crypto-bridge.org own coin. I have been mining high profit coins directly to crypto-bridge's wallet. I can then use the exchange to convert them into investment coins. If I stake BCO, excluding fees, I can make 8.6% APR. Not high, but better than a 12 month T-bill.
Zencash (ZEN) https://bitcointalksearch.org/topic/annzen-horizen-unbounded-by-design-2047435. My secure node only cost me 42 ZEN and is running on an used computer. The profits from the month of May 2018 come out to 19.0% APR. The VPS hosting was costing me a third of my profits. I dropped my VPS and bought a used computer on https://www.tanga.com/ for $58. Last this year, Zencash is doing a fork to increase securenode profits and introduce a supernode (500 ZEN). Of my 50 ZEN, only 43 are actively generating revenue. Trying to decide to either HODL the extra ZEN for a supernode or exchange them for another coin.
Luxcoin (LUX) https://bitcointalksearch.org/topic/luxcoin-new-phi2-powpos-hybrid-sc-segwit-privatesend-pos-web-wallet-luxgate-2422372. This is the coin I am currently mining. Masternode currently coast $125,252 (out of my budget). Staking is claimed to be 50% APR. Darksend coming soon. Great marketing and social engagement. Roadmap end 2018 Q3. The price right now is being drive by 2x rewards for staking. At block 100K, I predict a price crash.
Solaris (XLR). For the month of May 2018, my ROI was 54.36%. This is not predicted, but actually measured. On 5/1/2018, I had 145.292 XLR. On 6/3/2018 it grew to 155.848 XLR. This is the highest ROI I have found. The ROI will slowly decrease over the year, unlike LUX that will be half one morning. Masternode only cost $3550 ( 1/35th of a LUX masternode). The roadmap goes to Q4 2018. Zerocoin protocol already active. Additional revenue from txbit.io toward the end of 2018. New Advisors .
My plan: Mine 1 LUX and convert them to 2.18 XLR. Convert VRM coins from last year (CPU mining) to XLR. Find an efficient way to convert USD to XLR. Gather 1000 XLR for a masternode and watch my ROI increase 4x.
Both LUX and XLR have good ROI for staking. LUX is hot right now. Once the hype dies down, to will probability be like DMD. XLR looks like a better long term investment. Price is lower than DMD and LUX. It has more uses today and more opportunities in the pipeline. My personal wish is that XLR drops to $1 so I can buy more and get my masternode sooner. Or better yet, go back to the price it was when I was mining in in Oct 2017 ($0.562/XLR).
Ether way, 843 XLR to go.
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