Looking to invest in cryptocurrencies? With hundreds of them available in the market, choosing the right one to invest in is an extremely difficult task. That’s why it’s important to know which one will provide the best returns.
While it’s not possible to predict the future, analyzing industry patterns and learning about cryptocurrencies in detail can help you to make a good decision. Check out our picks for the top cryptocurrency to invest in for 2019:
Bitcoin is an automatic choice for the top contender. It’s the market leader and the most recognizable cryptocurrency; it’s listed on top of every crypto exchange’s list.
Over the last few years, the value of Bitcoin has radically increased. It started at a value of $0.0009, but Bitcoin enjoyed unprecedented growth in the last decade. The current market value of 1 bitcoin is almost 10 grand! Recently, bitcoin share price have remained astonishingly stable, and are likely to increase in the future.
Many businesses—including e-commerce stores, retailers, service providers, and even eateries and restaurants—accept Bitcoin as a mode of payment. As an industry leader, Bitcoin is doing extremely well and it’s highly unlikely that it’ll lose its value in the foreseeable future.
Ripple might not be a big name in the crypto world like Bitcoin, but it should be your second preferred choice, or even the first if you’re looking for a low-risk, safer investment. It’s one of the most stable cryptocurrencies available in the market.
Ripple is backed by financial giants who are currently developing a massive international network with hundreds of members from various financial sectors. It has the potential to become a substitute for the SWIFT system that’s used for global money transfers.
With a daily trading volume of around $800 million and a total market cap of around $11.1 billion, Ripple is one of the most liquid cryptocurrencies. As more companies use their technology, it’s predicted that Ripple’s price will go higher in the future.
Ethereum is another great option. It’s a strong cryptocurrency that uses advanced, sophisticated blockchain technology. It’s more affordable compared to Bitcoin and can be a great addition in your crypto investment portfolio.
In fact, it’s a brilliant alternative for hedging the risks of purchasing newer coins. With a market cap of $19.71B and all time high value of $1,385.02, it has the potential to become the most valuable cryptocurrency in the future.
Want to learn more about the top cryptocurrencies of 2019? It’s important to have access to the reliable cryptocurrency news portal. E-crypto News brings you the latest crypto technology news & articles to help you make smart crypto investment choices. For more information, visit our website today!