If you took a look on CoinMarketCap this weekend, I assume you realized September started with a market free fall and a slight increase in the Tether (USDT) volume. However, this is good news, as it is not time to buy! There have been a lot of Bitcoin sell orders that were programmed to be fulfilled when Bitcoin will get close to the $5000 value. Anyway, the same people that sold for almost $5000 bought the Bitcoin back when its value decreased, so soon we will be experiencing some ascending trends again. This being said, I am now watching some altcoins that I would like to buy in September, so here they are:
1. Stratis (STRAT) - I believe Stratis has potential in September, as it seems they will be the winners of the September Binance Poll, and you know what happens when a currency is listed on a new exchange, right? In addition, they will also launch the Breeze Wallet in the first part of September. Ah, and they are backed by Microsoft.
Price at the date of this article: 0.00144937 BTC / $6.55
2. Binance Coin (BNB) - I believe that BNB is a good long-term investment as it is one of the altcoins that has immediate utility. Binance is one of the biggest cryptocurrency exchanges in China and BNB is their own token. BNB holders have benefits on Binance, such as 50% off if they pay the exchange fees in BNB. This, combined with the continuous trade volume increase on Binance, will also increase the value of the token.
Price at the date of this article: 0.00031217 BTC / 1.42 USD
3. Long-term investment: Steem (STEEM) - while personally I am not a great fan of Steemit, it seems like it is getting more and more popular nowadays. Apart from Steemit, they are developing other project that are based on Steem, such as video content portals and other social platforms. I believe it has great long-term potential and that this is just the beginning of something that will shake the social content as we know it today. And the price right now seems to be a good entry point. In fact, I intend to buy somewhere at 0.00025 BTC and after that not to look at it for at least one year.
Price at the date of this article: 0.00028955 BTC / $1.31