Contents of Article
- 0.1 Bitcoin
- 0.2 Ethereum
- 0.3 NEO
- 0.4 Ripple
- 0.5 Litecoin
- 0.6 Monero
- 0.7 Dash
- 0.8 EOS
- 0.9 IOTA
- 0.10 DigixDAO
- 1 Tell me what are your views and what do you think of cryptocurrency investment as per the list provided by commenting below…
Cryptocurrency investment – There are many good ones which can give you 5–10x profit in 2018. Pick some top coins ( prefer the ones with low supply) , read their white paper, learn what they do and think of it will solve any existing problem. If you think it is a potential solution to an existing problem then invest in it.
There are a many crypto coins out there which have received high value, volume and attention and are booming in the technology world. Most of the investors invest in Cryptocurrencies which are helping to grow the world of information technology.
I have listed down “10 best cryptocurrency to invest in 2018″ for cryptocurrency investment and building strong portfolio. If you are already a trader than you must be aware bout it, if you are new to this crypto world, than below start your investment from the below mention list.
As per my current research, the top 10 cryptocurrency are as follows:
The first ever cryptocurrency in circulation since 2009. It has set the standards so high, I doubt any other coin would be able to break the record. BTC is now out of reach for small enterprises. But you can invest in some fraction of bitcoin to increase the value of your portfolio and make the best cryptocurrency investment.
The second most popular cryptocurrency in the world released back in 2015. It saw the growth from $2.83/ETH to $871.96/ETH in the time period of about 3 years. It attracts more investors than BTC, as it is cheaper to buy and gives much returns.
NEO was also launched in 2014. It was $0/NEO at the time of launch and now, it splurged to $124.98/NEO. Thus, a straight 12498% high in a span of 4 years. You cannot miss out on such a progressive cryptocurrency. It can give you great result for your cryptocurrency investment.
Ripple is the most trusted name in the world of cryptocurrency as it is being used by banks and it is also the third most popular cryptocurrency in the world. It started as $0.005/XRP and now available at $1.04/XRP. Though a slow growth and minimal rate, it still maintains a strong place in the cryptocurrency market.
Monero released back in April 2014. Its price at that time was $1.41/XMR. And now at the time of writing, it is $323.76/XMR. So, its straight 22,861.70% increase in 4 years. Hence, definitely much for your cryptocurrency portfolio.
EOS is like a newborn cryptocurrency. Within a short span of 8 months, it has progressed from $1.03/EOS to $8.87/EOS. Thus, a direct profit of 761.16%. You should also consider investing in newly released tokens, as you get high returns on minimal investment. One of the best coin for cryptocurrency investment.
The last but not the least, DigixDAO has gained respect in the cryptocurrency market. It has registered a massive growth of 869.62% in the short span of two years.
As I said before, the top 10 list will see variations over time, but the permanent occupants are BTC, ETH, LTC and XPR. Do include them in your portfolio.
Change of trends and volume effect on cryptocurrency
Take an example of the most bought and traded and the first ever cryptocurrency. Bitcoin has revolutionist the world and has certainly effected the was we invest. It has gained multi fold since inception and constantly giving decent return on investment.However, time changes everything. It had only an upward trend till the beginning of 2018, but now, it has shown some downtrend.
While the value of Bitcoin as a virtual currency and payment system is highly volatile, new applications using the Blockchain are promising to be much more valuable than Bitcoin itself. The Blockchain – Solving The Double Spend Problem.Retail banking can be largely influenced and disrupted by this new Bitcoin 2.0 technology. Depositors could use the public ledger to maintain a record of bank account balances, record money transfers, and confirm transactions worldwide.
The things were changing in the crypto world because the investors understand the volatility in the crypto market. Now investors are searching for the best capitalisation value with the decent stability and it should be noted that it can only possible if the cryptocurrency technology allow for the easy and flexible transactions, and here comes the bitcoin 2.0.
I’ve been monitoring about 10 cryptocurrencies somewhat closely and from what I’ve seen there are a few that jumped out to me as truly innovative.I should highlight however all these are speculations, do not actually buy cryptocurrency unless you actually feel comfortable with it. I’ve seen people lose a lot of money investing in cryptocurrency, so it is not for the faint of heart.
If you are concerned with the risk of investing in Crypto, I’d recommend you allocate a very small percent of your investment portfolio(~5%) to it, to minimize potential losses.
Put the rest in proven traditional investments such as stocks, bonds, and regular currency.
The most important thing is Do not go all in on one coin and diversify your investment.