Portfolio

Markets

Project Reviews

Founder Stories

Features

Guides

News

Videos

Let’s stay in touch:

Search
 Coin Explorers
 Coin Explorers

Portfolio

Markets

Project Reviews

Founder Stories

Features

Guides

News

Videos

Let’s stay in touch:

We use cookies to enhance your browsing experience. By continuing or closing this message, you consent to our cookie usage.

News

Lisk (LSK): One Of The Best Crypto Investments You Will Ever Make

Welcome to Crypto Daily News, this news piece "Lisk (LSK): One Of The Best Crypto Investments You Will Ever Make" is breaking news from the Crypto sector.

May 9, 2018 · 2 min read
  • Share on X
  • Share on Facebook
  • Share on Linkedin
Lisk (LSK): One Of The Best Crypto Investments You Will Ever Make

There are plenty of good blockchain projects and Lisk (LSK) is definitely one of them. It has proven its mettle with a user-friendly blockchain of its own which is stable, secure and scalable. However, for a crypto investor, this is not enough. While many crypto enthusiasts do want to see various blockchain projects succeed, there is always a financial motive to profit from the investments they make. Thus it becomes necessary to examine a cryptocurrency not only on the basis of its technology and team but also on the basis of its investment opportunities. Lisk (LSK) is by far one of the best investments in the crypto markets as far as risk/reward and profit potential are concerned. The coin is also currently at a very favorable point and presents an attractive buying opportunity. The price is currently trading at $11.87 and is almost at the bottom of the bullish channel. The risk reward ratio on a trade made at this point would be 56! It is pertinent to note that most traders are glad to find a trade with risk/reward ratio of3 or 4. The profit potential is also very lucrative. If you invest $1000 in Bitcoin (BTC) right now and the price reaches $100,000, you might end up with around $10,000. However, if you buy Lisk (LSK) right now and the price reaches $377 most likely before Bitcoin (BTC) reaches $100,000 you will end up with $32,000! This is a big reason why most crypto investors are turning to high potential altcoins like Lisk (LSK). Lisk (LSK) is an attractive investment on all fronts. Legally, the coin has the status of a utility token which means that it will be used by people who want to build their Dapps on the Lisk (LSK) blockchain. This exempts Lisk (LSK) from being termed as a security in future like its rival Ethereum (ETH). Lisk (LSK) also provides a separate sidechain for Dapps to be built independently, so in case of a potential Dapp hack or legal trouble, Lisk (LSK) will have protection and so will the other Dapps that are built on Lisk (LSK). Lisk (LSK) being a utility token will continue to exist no matter what happens in the crypto markets. With the use of LSK tokens to build and buy services on Lisk (LSK) blockchain, Lisk (LSK) will be spent which will naturally result in price appreciation. Furthermore, Lisk (LSK) also offers its own secure wallet for storage of LSK tokens. They can be easily deposited and withdrawn to and from popular exchanges in matter of seconds! The LSK/BTC chart looks equally favorable for a buying opportunity as the price is at the bottom of the channel. The price of Lisk (LSK) is expected to rise near $30 in the next couple of weeks during which time BTC should trade close to $11,000 per coin. This will most likely be followed by a period of accumulation before is ultimate bull run for 2018.


  • Share on X
  • Share on Facebook
  • Share on Linkedin

Related News

Bitcoin has officially entered the Guinness World Records for a number of entries, the first of which is being recognized as the First Decentralized Cryptocurrency
News

Bitcoin has officially entered the Guinness World Records for a number of entries, the first of which is being recognized as the First Decentralized Cryptocurrency

Bitcoin now has multiple entries in the Guinness Book of World Records, including most valuable and the first decentralized cryptocurrency.

Oct 19, 2022

740 Million in Bitcoin exits exchanges, the biggest outflow since June's BTC price crash
News

740 Million in Bitcoin exits exchanges, the biggest outflow since June's BTC price crash

The technical outlook, however, remains bearish for Bitcoin, with the price eyeing a run-down toward $14,000 in Q4/2022.

Oct 18, 2022

Bitcoin Wins the Guinness World Record for First Decentralized Cryptocurrency
News

Bitcoin Wins the Guinness World Record for First Decentralized Cryptocurrency

Bitcoin has been honored as the oldest and most valuable crypto, while El Salvador is recognized as the first country to adopt it as legal tender. 

Oct 18, 2022

 Coin Explorers

PortfolioMarketsProject ReviewsFounder StoriesFeaturesGuidesNewsVideosTerms & ConditionsPrivacy Policy

Powered by

 Coin Explorers

Copyright © 2025 - All Rights Reserved