During a bear market, the sentiment of despair and the silence makes it difficult for many investors to think rationally. However, if you are reading this, you need to understand that during a bear market, whatever you accumulate will be multiplied HEAVILY at the top once a new market cycle begins. The silence and despair make it the best time to accumulate your alts.

Let’s face it. The recent dip has affected many of us traders & investors; including myself. No one can truly predict where the market will go. BUT what you can do is analyze the risk:reward ratio of certain alt-coins, and capitalize on the opportunity.

The one coin that I truly believe has one of the greatest risk:reward ratios during this recent dip is called Sharder (SS).

In the previous article, I’ve covered about Sharder and while I’ve been researching on it and other data storage platforms, it gave me a strong postive sentiment that Sharder will be a game challenger and higher chance to win over the major data storage blockchain platforms being developed in last two years.

Previously about a month ago back in May, one of the well known crypto investors has mentioned the following key points about it in our private telegram channel.

Key points about Sharder shared to my research team in May.

Sharder already has 110 businesses using their bean cloud service for handling sensitive data.

Back when they created their roadmap several months ago, they estimated that they’d only have 10 by the end of June, and 100 in September.

Aaron Zhang, Vice President of the strategic planning department of the Huobi group, is one of the cornerstone investors of Sharder and is the lead organizer of Sharder’s global community.

The team is very public, and has done roadshows where they’ve talked about how many businesses are on board.

They aim to be the Bitmain of cloud storage (Let me remind you that Bitmain started off with very little funding back in 2013, and is now a multi-billion dollar entity).

They’re releasing actual hardware in September (dedicated storage hubs, sharder boxes). From here, they will enable users to earn SS by providing the network with storage, and by mining.

Competitors like Storj and Siacoin have MUCH higher marketcaps.

Tech specs are great (arguably better than Siacoin and Storj in some aspects).

They have a few dapps coming out such as bean cloud (already released), sharder matrix, sharder brain.

These bullet points are still valid as I’ve reviewed and confirmed with my source in China, and I would like to summarize on why Sharder will do well over the major competitors in upcoming months.

As of July, we’ve found that Sharder is only strong candidate having great chance to disrupt the market, to back our analysis result, our team has applied Gartner Magic Quadrant chart template to find out which are the competing players in the major technology markets, how are they positioned to help you over the long haul and it gives a wide-angle view of the relative positions of the market’s competitors.

This chart provides a graphical competitive positioning of four types of technology providers, in markets where growth is high and provider differentiation is distinct:

Leaders execute well against their current vision and are well positioned for tomorrow.

Visionaries understand where the market is going or have a vision for changing market rules, but do not yet execute well.

Niche Players focus successfully on a small segment, or are unfocused and do not out-innovate or outperform others.

Challengers execute well today or may dominate a large segment, but do not demonstrate an understanding of market direction.

Market prediction on how Sharder including other data storage coins will shift by Q4 2018.

If Sharder reaches all the targets mentioned in the milestone, we expect to see Sharder shifting towards the leader, obviously it will depend on how aggressive they will market themselves to reach higher market cap to follow Sia and Storj coins.

Also, as we are fully aware of Sia’s recent FUD because of broken promise the team has made over the SC1 hardware, they mentioned that it will have 800+ GHS, but will be delivering with only 550 GHS capable hardware. (Ouch..) We expect to see more complaints over the course, we don’t expect any positive sentiment in Sia and the price of it will likely go down as there are already new non-ICO coin called Hyperspace which recently has forked out of Sia. *Hyperspace is planned to be reviewed in Q3 once it becomes available in the market*.

If you are interested our report summary, please see below.

================ Our report shared to the users =====

Data Storage & Blockchain Today Report — 2018 Best coin to invest — Sharder

With more than 1,100 cryptocurrencies and a total market cap of approximately $282 billion circulating in the market today. Decentralized data storage is much needed and it is the one of the most important elements in blockchain ecosystem.

Over 80,000 businesses estimated to use cryptocurrencies, from small coffee houses to big corporations, on the other hand, there will be freelancers, developers, businesses looking for secured data storage platform running over blockchain.

Current Marketcap as of July 21st 2018 — $282 billion

Current Sharder marketcap snapshot from coinmarketcap.com

Data captured from coinmarketcap.com

Latest 12 key points about Sharder

Magic Quadrant Chart about Data Storage Blockchain Platform in 2018

Thanks for reading and stay tuned for another review!

References

1.Sharder English Whitepaper

https://oss.sharder.org/sharder/whitepaper/sharder-technical-whitepaper-en.pdf

2.China’s Sleeping Giant of data Storage

https://medium.com/@genieacn/sharder-chinas-sleeping-giant-of-data-storage-4703ca877648

3.Sharder AMA Telegram Q/A

https://www.reddit.com/r/Sharder_Official/comments/8u89dz/telegram_qa/

4.Sharder Social Sentiment over Twitter

https://twitter.com/search?q=$SS&src=ctag&lang=en

5.Blockchain and cryptocurrency may soon underpin cloud storage

https://www.computerworld.com/article/3250274/data-storage/blockchain-and-cryptocurrency-may-soon-underpin-cloud-storage.html

6.Sia FUD info shared via Twitter and there are other tweet messages and complains over Sia Telegram

https://twitter.com/WeekendSlackers/status/1012412164638900224