The Sage of Omaha, Warren Buffett, once said that as an investor, it is wise to be “Fearful when others are greedy and greedy when others are fearful.” The current 10 month market lows present a great opportunity by that maxim. If you’re into alt trading, it’s a tough time! Undoubtedly we are seeing a purge of sorts, there are alt projects that are unlikely to recover. However, many good projects are trading at historically low prices. If you believe in the long term success of cryptocurrencies, now presents a good investment opportunity. If you can find the right projects in your alt trading endeavours, you could do quite well indeed.

We are looking at 3 projects today, following the investment principles outlined in this investment mix piece . Approximately 80% of the investment funds go into projects considered safe plays, with the balance going on perceived longer shot, high reward projects.

Alt Trading – Safe Plays

In reality buying at the low prices available now probably makes the safe play investment potential high reward plays too. Bitcoin is in an interesting place right now, with 6 weeks to go until the Van Eck ETF decision. I think in that time frame we’re likely to see a return to $5800 levels. I think any price below $6000 is going to yield a nice return this side of Christmas.

A number of old reliables are trading at discounts. Ethereum is floating around the $300-$320 mark and $280 is a good entry position for a long play. I do have concerns about the scalability issues with Ethereum. Litecoin is trading at circa $60 and I’ve read some very compelling technical analysis that $48.50 is the theoretical bottom, keep an eye out for any buy opportunity at $53 or less.

Stellar Lumens is outperforming most of the top 10 throughout this period, currently trading at $0.23. It has some notable partners and there are unconfirmed rumours abound that it has entered into some form of partnership with Facebook. TRON is currently in live testing phase with its Virtual Machine and looks like it will surpass Ethereum’s daily average transactions shortly. It’s available at $0.022. It’s an unpopular project with some, but it’s adoption pathway is beyond anything else in the crypto space.

Alt Trading – High Reward Projects

TaTaTu

TaTaTu is a project that’s caught my eye and one I’m really excited about. It held the 3rd biggest ICO ever, raising $575 million dollars via token sale. TaTaTu is Netflix on the blockchain essentially with the added quirk of rewarding you in cryptocurrency for watching content. There were 200’000 sign ups for their June Alpha roll out intended for 500 people!

The project is headed up by Andrea Iervolino, the film producer. The presence of a top level film industry executive gives great credibility to the project. The TataTu investors are an eyebrowing raising bunch too. Including Prince Felix of Luxembourg, second in the line of succession, and Lady Monika Bacardi, of the family that owns the famous liquor company, Bacardi Limited.

Ontology

Ontology, the Chinese public platform for projects of all shapes and sizes, is a giant step toward removing barriers between the blockchain and business sector. It promises to allow businesses without previous knowledge of distributed networks to use blockchain technology. Da Hongfei, the NEO co-founder is also CEO of OnChain, the company behind Ontology. The collaboration between these two projects will be intriguing.