nelsonjm
Long

Vericoin - VRC - Excellent medium to longterm opportunity

BITTREX:VRCBTC   VeriCoin / Bitcoin
Vericoin was a bit on the quiet side until mid December when the developers decided to really start pushing their marketing and community interaction. Being the first of its kind, a binary blockchain specifically engineered to combat slow block times and high fees, Vericoin has slowly been on the rise as more and more people catch on.

With everyone looking for the next altcoin to take make some fast money, Vericoin saw a huge jump in early January. Unfortunately, the crypto bloodbath affecting all altcoins occurred a few days later and Vericoin dropped back down to a large extent. The coin actually endured the bloodbath particularly well and continues its upward trend. There's been plenty of room for profit along the way with spikes of 10-40% common.

With a nice low market cap of around $50 million, heavy developer activity, a big push for marketing and excellent technology specs, this coin could quite easily be the next hidden gem.

So lets take a look at our trade:

Buy in - 0.00012500 - 0.00013000
Stop loss - Under 0.00011000

Targets - based on history:

Target 1 - 0.00022000
Target 2 - 0.00029000
Target 3 - 0.00037000
Target 4 - New ATH            

Trade duration - Medium term - weeks to months

Keep an eye out for
-Code update to version 2.0 (95% complete apparently)
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