When you are looking for a good investment, you have to know everything about your options. Lacking of research often make people invest badly and that can cause you a lot of problems. If you want to be sure to invest well, you have to use all the tools at your disposal.
To help our readers to know the best investments, we review companies having ICOs. Today, we are going to review a new company called AlchemyByte.
What is AlchemyByte?
AlchemyByte plans to develop and use a cryptocurrency that will incorporate the best features of all the other ones? How? By having all the cryptocurrencies in one asset. This way, it plans to let their users have the best of many coins without their problems.
How Does AlchemyByte Work?
You are probably curious about this cryptocurrency will work. It is both an Ethereum-based and a Wave-based dual token. The value of the coin will be determined by a master portfolio that will invest in many different cryptocurrencies.
30% of the assets will be made of Bitcoin, for example. This way, if Bitcoin ever crashes, the users will be protected by the other 70%, but if it doesn’t, they will have a valuable asset. This is a very ingenious cryptocurrency and, if it actually works as well as the team says it will, it can become one of the most important coins in the market soon.
How to Invest in AlchemyByte?
To invest in this company, you will have to buy their tokens in the sale. The upcoming sale will happen in 2018, but do not have a date yet. The price of the tokens is also not yet public, but you will probably pay less for them if you buy them as soon as possible, so you should pay attention to our blog to know when the ICO will be held.
AlchemyByte will have a hard cap on their tokens. There is a cap of 4 million tokens to prevent inflation, so if you want to invest in this company, you should do it soon, because the ICO will be over as soon as the tokens end.
The AlchemyByte Verdict
Is this the best investment for you? That is hard to say, but you can be sure that this is a seriously interesting investment and that you should keep an eye on it. AlchemyByte has plenty of potential if their ICOs goes. Why? In part, because it uses Bitcoin as a base and Bitcoin rises its price all the time, in another part, because it will be resistant if Bitcoin ever crashes.
There are no risks of being scammed using AlchemyBytes. We have studied their site and, as far as we know, they seem legit, so you can be calm about that.
Using AlchemyBytes seems like using Bitcoin without the actual risks. It can be a very good investment for you, so you should buy these tokens as soon as possible if you are interested in this company. Do not be afraid, AlchemyBytes can definitely be a good choice of investment for you.