Phore Coin – A Great Speculative Play?

Phore Coin

Are you looking for a tiny, obscure alt coin with massive potential? If so, then check out Phore.

It’s a disruptive coin that’s looking to do something few other Cryptos can even dare to think of: Completely bypassing fiat currency.

While most tokens force you to convert them into dollars before buying real-world items, Phore looks to side-step this. Letting users buy goods without the need of a currency exchange.

It’s a great idea, and something I’m personally investing in.

This article will explain Phore’s potential, why it’s a good investment opportunity, and how to get in the coin while it’s still in its early stages.

If you’re looking for a good Crypto opportunity, then you’ll love this article.

What Is Phore Coin?

Phore is an experimental Crypto Currency meant to bypass traditional conversions and exchanges. There’s no need to swap it out for cash when you’re looking to buy something.

Instead, you can pay for purchases directly with Phore.

It’s a decentralized coin letting you buy items anonymously. This makes transactions private and secure.

While many coins are shifting towards centralized payments (wanting to work with banks or tie into debit cards), Phore keeps it old school. It’s not tied to your personal information, and the currency is specifically made for buying and selling goods.

On top of this, Phore rewards owners for participating in the community. Like dividend paying coins, it pays users for staking their assets to a MasterNode.

As long as you’re tied into the blockchain, you’ll receive monetary compensation. Something that’s very appealing to anyone using a “buy and hold” investment strategy.

This is a nice secondary source of income, and it will help keep Phore owners afloat through bear markets. Something to keep in mind when you’re evaluating your portfolio.

Why Invest?

Phore - A Good Investment

Phore is currently trading for under $2.00. Considering it’s hype and potential, that’s pretty inexpensive.

The low-cost (and bright future) make this is a good speculative play. And I think it’s smart to invest in a handful of these coins ($100 buys ~ 60 of them).

Even if these coins never explode (like Etheruem last year), I see them as offering good returns for early investors.

Phore’s already shot up from $0.40 a coin, and I see it easily doubling or tripling in price again. Plus, there’s a strong chance these assets reach the $10+ range. If they do, you’re getting 10x returns.

This kind of potential is great, and it’s definitely worth investing $50 – $100 to see what happens.

Where To Buy Phore

This coin is still in its infancy. So it’s not listed on the massive exchanges yet.

However, it’s still easy to purchase.

Cryptopia (one of the world’s largest alt coin marketplaces) lets you convert BitCoin into almost any alternative currency.

Simply purchase some BitCoin from CoinBase, send it to your Cryptopia account, and then swap it out with Phore. It’s a simple process that takes mere minutes.

Once your Phore is available, either deposit it into wallet for safekeeping, or stake it to the MasterNode for recurring payments.

It’s that easy.

Closing Thoughts

This is a great coin with tons of potential.

If you’re looking to invest in a promising asset, this is an excellent opportunity. And one that shouldn’t be missed.

With a small amount of capital (even $50), you’ll buy up dozens of coins. Profiting as they continue climbing in value.

P.S. Looking for more great investment opportunities? Check out this article on how to buy alt coins.