Cryptocurrency Insights

Cryptocurrency Trader vs. Investor

The cryptocurrency market has exploded over the past few years. This growth has brought in many new traders looking to make a quick profit. The temptation of jumping onto an unknown or dormant coin can be very enticing to those who are new to the game.

Investors on the other hand research projects to identify the teams and technology they find either undervalued or underexposed. The chart below shows some of the most popular coins mentioned in the Cryptocurrency Collectors Club and their corresponding market caps from late 2015 and current. Many simply do not realize the rate of growth because of poor timing in either jumping in or out of a coin. Developing a sound investment strategy is key to realizing gains demonstrated below.

COINDATEMARKET CAPGAIN
Bitcoin11/1/15$5,322,439,016
4/18/17$19,711,569,367270%
Ethereum11/1/15$67,514,758
4/18/17$4,631,021,2076,759%
Ripple11/1/15$142,402,155
4/18/17$1,260,099,233785%
Dash11/1/15$12,727,562
4/18/17$520,173,1453,987%
Nem11/1/15$930,709
4/18/17$242,526,60025,958%
Expanse11/1/15$6,653
4/18/17$4,802,65872,088%

Expanse has come up with even more of an incentive to hold your investment. Aside from realizing an increase in value as the project grows, the EBS (Expanse Bond System) pays you 12% annually when you convert your EXP to EBS tokens. This is the first smart contract of its kind. For more information on Expanse, join the Slack group or read their white paper.

Happy investing.

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