Ok…we know the investing philosophy of “cheap stocks (or cryptos) are likely to grow faster than expensive ones” is not a great one…sometimes, it makes sense for investors to make small bets on SUPER cheap investments that could rise exponentially.
And right now, there is just that kind of opportunity in the cryptocurrency space. Already, in the past few years Micro-cryptos have seen unbelievable gains, often 10,000% or greater.
Buying these micro-cryptos (endearingly referred to by many as s#!t coins) is without a doubt, a glorified form of gambling.
That doesn't mean they cant be profitable though…
Investors who purchased even $100, or even just $10 worth of some tokens early this year are sitting on sums of $100K or more. Its crazy!
Sometimes…when you have a little bit of money you are willing to lose, a trip to the casino can be a lot of fun!
Who knows…you may even walk out with a whole lot more than you walked in with.
With that in mind…here are 3 cryptos under $0.30 that were super excited about right now:
(remember…never invest money you are willing to lose!)
1)BitTorrent: $0.002791
BitTorrent currency (BTT) is a cryptographic token that was created as an extension of the BitTorrent protocol.
The BTT coin's cryptocurrency platform is being developed in order to expand the protocol's capabilities. The BitTorrent team, for example, is working to make the infrastructure ideal for third-party dapp developers, value exchange, and secure and fast decentralized data storage.
Sponsored
Hidden Stock Under $5 Holds Tech World Hostage
Tech monsters like Apple, Amazon, Microsoft and many more can no longer avoid doing business with this one company that trades for less than $5…
All of them are held hostage by the CEO's brilliant business tactics.
And what's even crazier…
Is that his tactics reach all the way to the public.
He intentionally set up his company's stock under a secret trade name…
Did he fool you too?
2)Stellar: $0.2728
The native cryptocurrency for Stellar, an open source blockchain payment system, is Lumen (XLM). Stellar's goal is to use blockchain technology to connect financial institutions and deliver low-cost transactions in emerging regions. Stellar was founded in July 2014 by Jed McCaleb, a long-time cryptocurrency entrepreneur who built bitcoin exchange Mt. Gox and co-developed blockchain-based payment system Ripple Labs. Stellar validates transactions using a federated byzantine agreement (FBA) method rather than a regular mining network.
3)VeChain: $0.08256
If you're really looking for a cheap cryptocurrency, VeChain might tickle your fancy. The price of VeChain is in a price vacuum, with no significant support till $0.065. Even at the present price level, an escalation of the selling will expose tenacious VET investors to significant losses. As a result, in order to improve short-term portfolio stability and secure a lucrative future, it is preferable to let the digital asset liquidate the last of the weak holders, bringing price structure clarity. VeChain, which is the currency for the impressively named VeChain Thor Blockchain, is used to transfer value across the network. The VeChain Thor Blockchain was designed specifically for supply chain management and business processes through the use of distributed ledger technology.
VeChain is also one of the only cryptocurrencies that has a positive outlook in the massive Chinese market, where regulators are cracking down on nearly every crypto. Could this mean VeChain is a sleeping giant that will rise as all other china-focused cryptocurrencies fail? Only time will tell. But one thing is true…you can grab 125 VET for $10 right now!
