Which Coins Are "Undervalued" Right Now?

Hey everyone,

What coins do you think are ready for a good pump in the short term? Relative to the rest of the market, which coins right now do you feel are good buys? Why?

I think Ethereum is still pretty "cheap" compared to the rest of the market. Considering it was as high as 0.15 BTC/ETH at one point, and currently sits at 0.046~, I'd say it has plenty of room to move up in price. Ethereum has cemented itself into the backbone of the crypto ecosystem. Consider that 30-40% of the top 100 coins by market cap are ERC-20 (Ethereum Tokens) (Ethplorer — Top 50 Ethereum Tokens). And that virtually every ICO raises money in Ethereum.

Ethereum is also better equipped to handle high volumes of transactions. If you look at the total amount of Ethereum transacted per day, it is normally 1.5-2x the amount of Bitcoin (Ethereum Transactions chart). Ethereum handles more transactions per day than any other crypto currency. Furthermore, when you compare the average transaction fee between BTC and ETH, the difference is astounding. It's 10-100x cheaper to send ETH than BTC (Bitcoin, Ethereum Avg. Transaction Fee chart).

So while Ethereum is a good buy in the short term, I think it also can be seen as a solid long term buy, because the technology is simply outperforming Bitcoin. I'd personally love to see more businesses accepting Ethereum because I'm sick of the confirmation times and fees with BTC right now.

I'd suggest a buy at $360 and a sale price around $498-598 over the next couple of weeks.

What do you guys think? Any hot picks right now?

 

Agreed, eth should rise some soon. But keep in mind at the time it peaked at 0.15btc it was like 400$.
0.05btc is like 400$ now..
I believe alot of these altcoins won't get these peak btc prices ever again or for very long time.

Qrl is undervalued, a good long term hold.
Good team, usp etc
Main net will launch somewhere next months.. will moon

 

Amusing that I told everyone to buy ETH at $10 and now its $400.

OMG is a good coin in the next 3 months, they've got the first batch of their product coming out in late Q4 and I suspect we'll see a $15+ OMG before long, OMG is good long-term to.

I recently sold my Litecoin, Lisk, Bitcoin & liquidated some others to.

 

Gaycoin will be the next big thing. Already went up to $1+ before, very promising.

 

I mean, most coins from the time you made that post went on crazy runs. Ethereum, Ripple, Litecoin, Dash, Monero, Stellar, all saw huge gains. Long as you steered clear of Maidsafecoin, the top 10 cryptos brought huge returns since that post. That being said, Ethereum was definitely a huge performer since that post, even compared to the rest of the top 10.

I like taking profits right now, but did you really cash out 100% of your positions in BTC, LTC, LSK? LSK maybe I understand, an alt like that going on that kind of run makes sense to get out. But LTC and BTC could easily keep going for awhile. I'm all for cashing out a portion, but why not just 25 or 50%?

In terms of OMG, I like the pick and I think we'd all say we saw it coming if it pumped up to $12 tomorrow. Has a good team behind it and the backing of Vitalik is definitely a huge plus. Good pick. Are you still holding Eth?

 

Litecoin...

why?​

• Faster than BTC
• Cheaper than BTC and most cryptos (to send)
• LN (Lightning network)
• SegWit
• Offchain atomic swaps (Has just been completed and announced by Lightning Labs)
• CT (confidential transactions in the works, mainly using CoinJoin and CT, which will hurt Moneros chances of growth)
• Schnorr Signatures being talked about
• Great scaling solutions ^^^^
• ASIC security and speed
• 7 years old (stands the test of time and has only seen a steady increase in price. $4 last Janurary, and $72 as we speak)
• Scales with BTC long term
• BTC/LTC atomic swaps for cheaper payments will soon become the norm
• Many developers who work on LTC work on BTC
• Charlie Lee (good IMO, bad IOO)
• Presence on more exchanges than any coin other than ETH/BTC
• Stable Price and only double digits ATM which allows a newcomers to easily invest in full coins and is a great option for starter investors because of its stable price and low dips, and high pumps.
• +More

The idea that BCH (Btrash) should in anyway be worth $1200, while LTC is stable at $70+ is so sickening. Why?
​

• LTC is faster than BCH
• Safer and more Secure than BCH
• More transactions, even during the BCH pump (btw, most, and i mean literally almost all, BCH transactions are from exchange to exchange... unlike Litecoin, BCH has little to no real adoption)
• LTC has been around longer
• LTC has better code
• LTC doesn't have a major chance of getting 51% attacked like BCH
• LTC isn't trash and serves a real use case and is actually being adopted. Rumors that soon upwards for 25% of all online stores will start to accept LTC

 

Not sure how of my input is valuable here, the Coin is in my Signature. Ive invested quite a bit into bitconnect #7 on the cryptocurrency. Whats good about them is they resemble BTC in price, if you look at there chart of price increasing and decreasing, it follows BTC. Its at 260$ a coin at the moment, and a few online stores have started to accept this coin.

 

Gaycoin @Daddy Dropperz

 

I got into all those coins extremely early and BTC I got in at due to a $13k g2a cashout.

I had 125 lisk that I bought one day for $1 a piece and they randomly became worth $800 so I sold them.

LTC I had like 20 back when they were like $6 a piece, I saw someone on hackforums say "hey buy ltc" back when I was brand new to cryptos so I put like $120 in and it actually paid out(don't ever listen to random people to invest though lol).

BTC I received $13k in bitcoin @ around $5300 a coin and I just held it as my site was eating through mostly paypal/skrill, low and behold it went to like $7.6k and I used it all/sold it and made a easy like $5,000 off a g2a cashout.

Over the past year I've:

-Bought 500 eth at $14 a piece - Sold $75 a piece
-Bought 319,000 ripple at $0.02 a piece - foolishly sold at $0.035 a piece.
-Bought 3,700 stratis at $0.60 a piece - foolish sold 2,500 of them at $1.20 a piece.
-Bought 250 LTC at $22 a piece, sold at $29 a piece when they got added to coinbase
-Bought 900 EOS at $1.81 a piece, sold at $1.60 as it dropped as low as $.60 and I wanted out.

Basically the tl;dr of this is every coin I've ever bought has ended up massively growing past even my expectations.

I've pissed away close to nearly $350,000 in this year alone, yes I made a lot of money but I pissed away a fourtune by not holding but that's the name of the game.

Anyway I'm tired of the stress of cryptocurrencys and my last 3 holds ever are:

-Stratis
-OMG
-Siacoin(Got in at $0.009, I'm holding until July 31st when obelisk comes out and I'll make a little money I'm sure)

I don't have much left in the online world now anymore anyway in terms of cryptos, most of my investments are small in the above 3.

After that I'm done, Stressing over cryptos has caused me to lose some of my hair & it just effects me mentally and makes me unpleasant to be around when the market does poorly.

I made more than my fair share especially as a rookie investor whos never did stocks or anything of the sort.

 

ETH
Stratis (Bottomed out pretty much and undervalued + lots of new things coming for it. I made a thread).
EOS (If they pull off what they promise it will for sure be a winner).
OMG (Great project backed by a real company. If/when ETH does well OMG will follow).
QTUM

Do your own research of course, and as I always say only invest in what you truly believe in.

 

Man what if you still held that LTC that would be about 20k

Nice buys and sells though!

 

Definitely ripple at 0.235

 

Yeah looks like it should be Ripple's turn on the crypto merry-go-round. Unless the market bears up I think we'll see 0.30 in no time.

I'm a bit confused by your trading strategies. Why do you always sell your full holdings at one price? I think it's fully understandable to want to cash out part of your holdings after you've reached a good profit. But why not start with 25-50% and then hold the rest longer?

Especially after learning with the Ethereum trades, I think the lesson should be not to commit your entire investment to one price point. If you had sold 50% of your holdings at an exit price then let the rest ride, you'd be in a much better spot. I just think it's a bit risky to commit everything to one specific price. You seem to be playing the game a bit "scared".

Try to set some goals from the day you buy the investment. Always leave yourself some exposure. Even if you cash out 75%, let something ride especially in a bull market.

 

@R2Pleasent LTC is at $75 USD

It was $4 last January. Right now may be the last time to buy in before new ATH.

LTC has 4x the coins, much faster transaction times, 28% nodes of BTC, and is sitting at a 0.009 BTC/LTC ratio... Keep your eye on it, as LTCs tech alone should put it at 0.25000 BTC/LTC

Also, we have seen a $5 increase in price in the last day or so, and Charlie Lee hasn't said a word on Twitter in 2 days so something is up.. Either he will come back and make a big announcement or he will come back and say he had a nice vacation, but Charlie Lee AFK from Twitter is probably more rare than Doge hitting 0.50c USD

 

LTC's technology isn't exactly groundbreaking. They've basically altered some of the Bitcoin code's constant values (block times), without adding anything substantial. It definitely does not merit an equal market cap to Bitcoin. I don't believe Litecoin is anything close to an exponential improvement from Bitcoin.

They have a saying in boxing. If you want to beat the champ, you have to knock him out. If any coin expects to overtake Bitcoin based on technological improvements, the improvements need to be massive. Litecoin can basically process 4x more transactions than Bitcoin. That's a static improvement that can't scale any further. It's just a Bitcoin on fast forward.

Theoretically, you could alter a few lines of code and alter / edit the blocksizes and block times of crypto to your heart's content. It's not going to solve the true issues of scaling. To put it in perspective, Bitcoin processes about 3.5 transactions per second on average recently. At 4x that Litecoin could theoretically process 14. Visa and Mastercard do up to 10,000.

To scale to these types of levels, you need to go far beyond just tweaking the block size limits and block times. Right now the most promising solution is by utilizing off-chain transactions by integrating something like the Lightning Network. Similar development is being made with the Raiden Network on Ethereum. There's some good information here: Raiden Network - Fast, cheap, scalable token transfers for Ethereum

Anyways, I will say that Litecoin appears to still have its place in the ecosystem. But I don't believe its technology in any way merits a market cap near Bitcoin's. I'd definitely expect some resistance at the $100 level, but I think it could easily pump to the 90s.

 

well dash is also cloned BTC tech
LTC has bigger block size
SegWit (was ground breaking and had it before BTC)
may add Schnorr Signatures
LN is only part of the plan for LTC scaling, and a fork for increased block size is not out of the question
BCH isn't even close to ground breaking and isn't half of what LTC is (no seriously, like literally half in terms of tx, security, adoption, transactions, etc), so LTC not being even half of BCH price blows my mind..

 

I believe in sometime ethereum is going to be real winner, considering this fight between btc and bch. I bought 15 ethereum at 7$ ea. I am still holding onto those coins. Eth is the future.

 

What you just explained that you want is literally "IOTA". Groundbreaking tech, in the beta phase and already catching the interest of HUGE companies, i'll be writing up a post about it later to see what others think of it.

 

Ethereum has worse scaling issues than BTC...

 

All of these coins have terrible scaling issues. What wdo ups be the answer? Fork after fork after fork? ETH can't scale worth shit and is taking a bite out of the pie but can't chew it all. At some point ETH wil choke, throw up, die, go to the hospital, get revived by a smart Indian doctor, and recover, but ETH won't be the same