If you have been following my articles, you know that I’m all about undervalued cryptocurrencies.
What does it mean?
Simply put, it means that cryptocurrencies that are being traded for less than what they are worth.
I believe that there is no person in the world who does not like a good deal, especially if it brings profit.
A few days ago I published a list of altcoins that might bring you profit in 2018, and today I will continue this tradition.
In this article, we will talk about 5 undervalued cryptocurrencies that you should start trading now!
Let’s get started!
Cryptocurrencies are in a state of flux at the moment, with Bitcoin leading the charge. If you’re looking for undervalued cryptocurrencies to add to your portfolio, these five could be some of the best options available.
As the price of Bitcoin continues to rise, investors are adding other cryptocurrencies to their portfolios as well. However, it can be difficult to find other digital coins that have a solid use case and a future that looks bright.
Fortunately, there are some undervalued cryptocurrencies out there positioned to benefit from technological advancements and consumer demand. Take a look at these five undervalued cryptocurrencies that you should start trading now before it’s too late.
The cryptocurrency market is booming with new altcoins that are brought to the market every day. While most of them offer nothing different from any other coin, there are a few that have something unique to offer.
However, the current trend in the cryptocurrency markets is focused on Bitcoin and its peers. The high price of Bitcoin has crowded out smaller cryptocurrencies from the limelight.
This has created an opportunity for savvy traders who can spot undervalued coins and trade them for profit. Let’s look at five undervalued cryptocurrencies to invest in now:
The cryptocurrency market is perhaps one of the most exciting and unpredictable sectors right now. With hundreds of new coins being added every month it is easy to get lost in a sea of opportunity. The sad truth is that not all of these coins will survive the next bull run and even less will be able to stand the test of time.
With the number of dead coins around today, you could say that there is a graveyard full of potential. We have selected 5 cryptocurrencies that are undervalued right now and you should take advantage of them before everyone else does!
If you don’t know how to start trading cryptocurrencies, we have a guide for that. But here is what you should be starting with. These are the most undervalued cryptocurrencies to start trading now before they go up in price.
1. NEO (NEO)
If you haven’t heard about NEO, it is a cryptocurrency that first emerged under the name AntShares back in 2014. The project was founded in China and is often referred to as “the Ethereum of China.”
And there is a reason for that. Just like Ethereum, NEO is a platform for creating smart contracts and decentralized applications (DApps). The main difference between the two is that NEO supports multiple programming languages such as C
The cryptocurrency world has been under a lot of pressure recently. Bitcoin fell more than 20% and Ethereum fell nearly 50%, which is a massive loss for investors. All the top ten cryptocurrencies by market cap have fallen by double digits in the last seven days.
The prices of cryptocurrencies are closely related to the ICO market, and its current state is not that good. At the same time, most of the coins are overvalued now, so it’s hard to find any good deals. The majority of investors believe that prices will not go up until the ICO market recovers.
While this might be true in general, it doesn’t mean that there are no good deals on cryptocurrencies out there. There are certain coins that have been undervalued for a long time and should be considered for purchasing or trading.
Today we will talk about what to look for in an undervalued coin, and provide you with our list of 5 coins that are undervalued at the moment:
Cryptocurrency exchanges are the most convenient platforms for anyone who wants to engage in regular trading of digital currencies. They allow you to buy and sell cryptocurrencies at a fiat value. These exchanges also provide additional services such as wallets and crypto-to-crypto conversions.
Coinbase is one of the most popular cryptocurrency exchanges in the world. It has over 20 million registered users, $150 billion in exchange volume, and operates across 32 countries. Coinbase is ideal for beginners who are new to cryptocurrency trading as it offers an extremely easy-to-use interface that allows you to buy and sell popular cryptocurrencies using fiat currencies. The website also offers storage for your cryptocurrencies via its own wallet service.
A decentralized exchange (DEX) is a cryptocurrency exchange which operates in a decentralized way, in contrast to centralized cryptocurrency exchanges where orders are matched by the company running the exchange. Decentralized exchanges allow peer-to-peer trading of cryptocurrencies. This means there is no central point of failure and users can always access their funds.