Looking for huge Crypto Currency gains off a low-cost investment? If so, this article is for you. Why? Because in it you’ll learn how to buy alt coins and profit off of their surging growth.
According to Crypto Currency News: “The majority of top 10 alt coins outperformed bitcoin regarding price appreciation.” This means that many alt coins are outpacing stalwarts. A trend which may continue throughout 2018.
While BitCoin stagnates, shrewd alt coin investors are doubling their money. And, in some cases, enjoying over 900% returns.
Here are just a few big gainers:
- LiteCoin – Soared from under $5 in Spring of 2017 to its current price of $90.
- Omisego – A coin i personally bought at $6.98 last year. Rose to $20 before I sold it.
- Siacoin – Probably a junk coin, but one I bought on the recommendation of a friend. Jumped from trading at less than one cent per coin to $0.04 (when I sold). An incredible 400% gain.
- Ethereum – Sold for under $200 per coin in July of 217. Now worth $500 a piece.
- FirstCoin – Just jumped 200% today. During a bear market.
- Nexo – A very inexpensive “Penny Coin” that’s grown 13% in the past 24 hours.
You get the idea.
Many of these coins have exploded in value, and some even prosper during crashes and corrections. Likewise, their affordable nature allows you to buy a larger quantity of full coins, compared to more established assets (can you imagine getting 20 LiteCoin for $100, then watching it blosoom into $2,000?).
If you’re ready to experience similar gains, then read on.
Where To Buy Alt Coins
Most alt coins can’t be traded on popular exchanges like CoinBase. And many can’t be bought with fiat money (like the U.S. dollar). There simply aren’t many big trading hubs which handle them.
Instead, you’ll need to buy your alt coins through special exchanges.
This is similar to Over The Counter Stocks (sometimes called Penny Stocks), in the traditional investment world.
These assets are trading at such a low rate that bigger markets simply don’t care about listing them. For a behemoth like CoinBase, there’s no point in adding unpopular Cryptos’ which aren’t valued at much.
Big exchanges want the top assets, things everyone knows about (like BitCoin or Ethereum) because these are more widely traded.
With most alt coins (especially the low cost ones) you’re banking on their potential growth.
While BitCoin may only grow 10% in a year (now that it’s a household name), something like Skycoin or VeChain might double or triple in value. This is the difference between growing a $1,000 investment to $1,100 vs blasting that same $1,000 up to $3,000.
If you want these types of gains, you need to invest through a specialty exchange.
I recommend Changelly.com and Cryptopia.
Here’s why.
1. How To Buy Alt Coins On Changelly.com
(This Is The Changelly Homepage)
This exchange is very easy to use, and incredibly friendly for new investors.
Unlike other exchanges, Changelly lets you buy Crypto with traditional currency. And to do so, you just need to go to the homepage and select “USD” from the left side option. Then pick your choice of coin from the right.
After that, enter the amount you want to invest and give your Crypto wallet address.
Once you’ve done this, review all the information to make sure it’s correct. Then verify your ID, and the transaction will begin.
Within a few minutes, you’ll have your coins.
It’s super simple.
2. How To Buy Alt Coins On Cryptopia
(Cryptopia Homepage)
This site offers thousands of alt coins, many of which are fairly obscure or under the radar.
However, unlike Changelly, Cryptopia requires you to make your purchases with BitCoin or a similar currency.
To do this, you’ll need to buy BitCoin on CoinBase, then transer it to your Cryptopia account. Once it’s arrived (the transactions take about 10 minutes), you’re able to exchange your BitCoin for any of the alternative currencies on the market.
It’s an extra step, but worth the effort. There are so many alt coins here that smart investors will have a field day picking potential winners. Plus, many of of these currencies are still small enough that you’re capable of investing in them for a very reasonable price (Case in point: Phore is a terrific speculative play, and sells for under $2.00 a piece).
I’d highly suggest opening an account here if you’re looking for small coins with big promise.
Closing Thoughts
Buying alt coins is a great low cost way to position yourself for massive success.
Many of these assets trade for under $10, allowing you to buy dozens (or even hundreds) for a very small amount of money.
Then, when they go up in value, you’re seeing incredible gains.
It’s a perfect strategy for investors wanting rapid growth without having to risk massive amounts of capital. So if you’re looking for a quick way to increase your holdings, this is a great opportunity.
P.S. Cryptopia and Changelly.com are both excellent sites for alt coin investing. I suggest opening accounts on both platforms.