Best Cryptocurrency to Invest: Considering the Digital evolution of man, it’s only natural that wij have Cryptocurrencies (digital currencies) now, substituting the traditional ones.
Now there are fairly a few cryptocurrencies making their mark te the digital sphere out there, but the only thing “common” to most of them is that they are digital, and maybe function on Blockchain! (Most do, if not all!)
Speciaal from that, their infrastructure, security, future, and everything else differs vastly.
Best Cryptocurrency to Invest 2018
So we’ve compiled this list on the 7 best Cryptocurrency to invest ter, taking into considerations various market spil well spil currency-specific factors and gegevens which wij will explain via this chunk.
Bitcoins are the “hot potatoes” right now! The reaction to “Why” lies te this plain graph
Spil you can see, it went from $500 to $3000 ter just one year! Well that’s 6x times your investment!
Meaning if you had $75,000 worth of BTC ter Jan 2016, you’d be half a millionaire right now!
Not to mention that just $100-500 investment back ter 2009 when it launched, would’ve made you a millionaire for sure and almost a billionaire. (Even by June 2015, you could buy it for spil low spil $0.07/BTC!)
Also, it broke all records this week by touching $3000! The only crypto to have made that mark!
Limited Supply – The reason Bitcoin stands out from the crowd te its own unique colour and form is the fact that it’s “Limited”!
Well yeah! Unlike a lotsbestemming of other cryptocurrencies out there which can be produced endlessly on a supply &, request onderstel, Bitcoin is capped permanently at 21,000,000 BTC.
So no matter what’s the request or how many people want it, the world won’t everzwijn see a bit more than 21,000,000! Naturally, anything which is “limited” is everzwijn more valued than something which can be procured endlessly, isn’t it?
Market Capitalization/ Circulating Supply – The current Market value of all the Bitcoins on the network is exactly $42,903,444,374 or 16,400,650BTC exactly.
So that is yet another factor which makes it my currency of choice when I’m determining the best Cryptocurrency to invest ter 2018! It already has acquired fairly the market, with only about 70% of the BTC bot mined so far.
24 Hours Volume – $1,506,060,000 worth of Bitcoins have bot traded (bought and/or Sold) te the last 24 hours alone! Considering it’s a Digital currency and still not ter every corner of the world, that kleintje of volume is just a confidence booster.
Note that only “Trades” are considered while calculating the volume, and not the “withdrawals or transfers”.
Poloniex (LTC/BTC) , Bittrex, and Poliniex (ETH/BTC) again are the three major Bitcoin traders responsible for 8.90%, Five.05%, and Four.57% of the total trade volume respectively.
Final Verdict – Any investment isn’t 100% full-proof. That’s the reason they are called “investments” and not “Money-multipliers” or something like that.
Bitcoin is no different. But considering we’re talking about “cryptocurrencies’, one fact that can be claimed from the gegevens and past history is it clearly is the “most profitable” among the available best cryptocurrency to invest ter 2018!
Van Petersen, one of the most acclaimed strategists on the planet has speculated that Bitcoin price would reach $100,000 te the next Ten years!
How? Well he has explained the precies numbers and figures which lead up to his conclusion of that figure, which can be found on this CNBC postbode!
Some Bitcoin Cryptocurrency Popular Article for you!
Ethreum is the cut-throat competitor Bitcoin has. Albeit they both are “Cryptocurrencies”, the purpose of why they were invented differs widely.
Bitcoin wasgoed invented with the foot purpose of substituting “traditional currency” by suggesting better security, anonymity and P2P exchanges.
While Ethreum too boasts those features, its primary intention isn’t to overtake the traditional currency, instead it concentrates more on its “smart contracts” and other features.
Anyway, getting into the difference isn’t the motive of this postbode, let mij illuminate the fact why Ethreum is one of the best cryptocurrency to invest te 2018!
a). Current Trend – Spil the following chart should explain, Ethreum wasgoed just launched duo years back, and from then it has only skyrocketed.
Only ter the last duo months, its value has multiplied itself 4-5times overheen! Again a millionaire maker for the early riders.
Right now it’s priced at $376/ETH. Considering it wasgoed $40 just ter April, 2018 the price is predicted to klapper four figures by the end of this year.
b). Market Cap – Ethreum’s current market cap is 34,904,016,009 USD, which isn’t very far off compared to Bitcoins.
If wij take a look at ETH’s market cap graph, wij would find that it’s almost identical to its price graph unlike the case of Bitcoins.
But wij also have to keep te mind ETH’s unlimited supply and production compared to the limited number of Bitcoins out there.
c). Volume – Ethreum’s last 24 hour volume wasgoed exactly $733,043,000. Considering it’s only a year old currency, I’d say that’s a pretty good number of trades for one day.
Infact it’s my 2nd choice of best cryptocurrency to invest te 2018 because Bitcoin is almost 6 years old now, and still Ethreum managed to thrust itself to half of BTC’s daily volume ter just a year!
d). Circulating Supply – Even tho’ Ethreum can be produced spil much spil needed, its current market circulation is 92, 637, 709 ETH exactly, which translates to around $338,276, 3785! The only currency to touch the Billion dollar mark after Bitcoin.
e). Backed by Fortune 500 Companies – And if you’re still skeptical, let mij tell you that some of the best names on the planet, including
Have shown their faith ter the currency.
If you’re worried that you missed the early wagon ter case of Bitcoin or Ethreum, well you might spil well catch the Ripple train.
Ripple wasgoed launched ter 2012, and honestly the price hasn’t skyrocketed spil much spil Bitcoin or Ethreum, well so why did it make this list of best cryptocurrency to invest te 2018?
Because, even Bitcoins were priced around $200 back te 2015, 6 years after their launch! So researches believe that ones the currency has reached a stable ground, it might have a future similar to BTC or ETH.
The prediction is based on the fact that, Ripple’s primary aim is to “do for money, what the Internet did for “information” (Source:- Ripple Blogpost).
Ter simpler English, to opoffering people across the globe a quick, free and decentralized transaction infrastructure, void of the delays and transaction toverfee levied by the banks.
a). Current Trend – Right now, Ripple is almost mimicking BTC ter its early days. With frequent ups and downs, but “ups” being the final go spil you can make out from the chart.
It’s priced at a mere $0.33217/ XRP! So no doubt “now” is the time to invest.
Simply because, even if you lose, you won’t be losing a fortune, but if you build up you’re on the way to make a few hundred K’s if not millions!
b). Market Cap – The current Market Cap for Ripple is $12,716,850,054. It’s 1/3rd of ETH or even lower if compared to Bitcoin’s, granted! But it’s still a “green light” because of the fact that despite being priced enormously low, it has an overall valuation equal to 1/3rd of ETH’s!
c). 24 hour Volume – $751,712,000 worth of Ripple has bot traded te the last 24 hour itself! Clearly goes on to illustrate its market value!
Coinone is responsible for 26.77% of trades te the last 24 hours, while Poloniex for 15.05% so those two platforms can be used seamlessly for trading Ripple if you wish to do so.
d). Circulating Supply – Talking te terms of USD, the total XRP ter circulation is still not very significant. Albeit ter terms of XRP it’s 38,290,271,363 which is a pretty good figure.
Every digit of that XRP currency is a chance for you to invest on it, and once it grows your investment would grow along with it.
e). Total Supply – Ripple considers itself not a “rival” to Bitcoin, rather a “Compliment” to it. So following ter the same footsteps spil BTC, Ripple too aims to limit itself to 100 Billion!
Out of which, only 50Million would be out for public circulation. So if you wish to be a part of Ripple’s future, now is the time.
f). Ripple Markets You can Use for Trading
LiteCoin has launched Five years ago, and albeit it’s considered similar to Bitcoin ter many aspects, it’s not identical.
Being fair, some of its features like Segregated Witness, and Lightning Network make it better to Bitcoin ter many regards.
Albeit the problem of orphaned blocks isn’t to be overlooked if we’re comparing it to Bitcoin.
Its primary target is to facilitate swifter transactions, at almost non-existent costs!
a). Current Trend – Presently, it’s priced at $47.13, and if you look at the price graph you’d notice that it suffered a bit of a nose-dive from mid-2013 to Jan 2018.
But what makes it worth being one of the best Cryptocurrency to invest ter 2018 is the fact that it not only recovered but surpassed its loss spil well spil earlier position te less than 6 months! And it’s only going up.
b). Market Cap – Litecoin’s current Market cap is USD $Two,380,384,949, and that’s only for the 60% of Litecoin’s which have bot mined already! This figure is likely to multiply several times te the near future spil more of LTC are mined.
c). 24 Hour Volume – More than half a Billion dollars’ worth, $571,097,000 to be precies has bot bought and/or sold ter the last 24 hours!
OkCoin and Huobi are the major traders responsible for trading 21.02% and 14.81% of LiteCoin ter the last 24 hours.
d). Circulating Supply – Presently 51,647, 157 LTC is te circulation. Being priced at $40/Litecoin, you can do the math ter terms of USD.
Considering the current trend, each LTC is an chance for you to invest your money on, which is expected to kasstuk 100-500USD te the near future.
e). Maximum Supply – Litecoin is permanently capped at 84,000,000 LTC. And spil already mentioned, only around 60% of the LTC is out for now.
f). Trading Markets for LiteCoin you can Use
Monero is presently the 6th most traded cryptocurrency, thus clearly justifying its presence on this list spil one of the best cryptocurrency to invest ter 2018.
2016 spotted a ample boost for Monero pertaining to the fact that it wasgoed adopted by Alphabay!
Monero isn’t a fork of Bitcoin like most other cryptocurrencies out there, instead is based on the Cryptonote protocol.
Hence there’s considerable difference inbetween Bitcoin and Monero, thus presenting you with a “different” chance and scope, even however both of them are cryptocurrencies, they are likely to have very different future and outcomes.
The primary motives behind the launch of Monero were Stability, Decentralization, and Privacy!
a). Current Trends – Presently, Monero is priced at $48.17. And the chart below indicates a constant growth overheen the past Three years.
b). Market Cap – Monero’s current market Cap te terms of USD is $706,145,634.
c). 24 Hour Trade Volume – Despite being priced at $40, Monero still managed to trade $14,799,300 ter the past 24 hours!
Monero, if hypothetically taken to be $2600 (value of BTC) would come out with a hypothetical trade volume of around $961,953,200.
I scribbled that figure down to emphasize the potential Monero holds once the price reaches anywhere near that of BTC’s ($2600).
d). Circulating Supply – After being out of the womb for Three years, Monero’s current circulating supply te the market is 14,660,088 XMR.
Trading Markets for Monero
Dash very first witnessed the light of day back ter the 2014! The same year spil Monero. Dash actually means “Digital cash” ter the actual term.
It’s the 7th most traded currency, holding the position just below Monero.
Dash’s primary weapons are “PrivateSend” and “InstantSend”. PrivateSend offers better anonymity, and privacy for transactions, while InstantSend concentrates on making transactions spil prompt spil possible.
Current Trend – Dash is presently priced at $187/ Dash. It’s not spil cheap spil Monero but then again it’s not intended to be.
Infact how low or high a currency is priced has negligible effect on how good it is for long-term investments. For eg. Bitcoin is soaring high with its price, it’s still a #1 cryptocurrency to invest te 2018, isn’t it?
Here’s a graph of Dash’s current trend
Spil you can see, it suffered a nosedive some time back (spil te the case of most currencies at some point ter their existence) but it’s picking up the tempo fairly well again!
24 hour Trade Volume – Spil far spil the trade volume for Dash’s last 24 hours is worried, they traded well overheen $38,887, 200.
xBTCe is responsible for trading 17.39% of Dash te the last 24 hours, while Poloniex for 16.20%. Bitthumb too managed to get a big slice, 15.44% to be precies!
Circulating Supply – This is the 3rd year of Dash’s existence, and ter this brief period of existence itself it has managed to circulate 7,376,176 DASH!
Considering the price and circulating supply aren’t breathtaking right now, it surely becomes one of the best cryptocurrency to invest ter 2018.
Spil the price rises, so will your investment.
Total Supply – Dash can’t be produced endlessly, and is permanently capped at Legal,900,000 Dash. Right now only 39% of the total available Dash has bot mined.
So Dash still has a H-U-G-E potential left both for the investors, spil well spil traders focusing on short-term goals!
Market Cap – The current Market cap for Dash is $138, 282,066, 778! That is just astounding considering how overheen 61% of Dash still is unavailable! This market cap is just on the 39% of the available Dash!
Trading Markets for Dash
Dogecoin is our last choice of best cryptocurrency to invest ter 2018! Even tho’ it’s the last on this list, let mij tell you wij chose to place this at #7 out of a list of 700+ cryptocurrencies!
So yeah it’s no less than any other of its rivals overheen here.
Current Trend – The graph below is a excellent illustrator of the popular phrase “To the moon”, which has bot associated with DodgeCoin by its users.
Spil is clear, the graph after being stable Four years, abruptly has embarked its upward flight!
24 Hour Volume – DogeCoin has traded $13,090,700 te the last 24 hours!
The top position being predominated by Poloniex, with Ten.84% of the total volume, followed by BitFinex and OkCoin trading Trio.93% and Two.94% respectively.
Circulating Supply – After being launched ter 2013, ter the Four years of existence, it has already circulated overheen $100BILLION DogeCoins into the market!
Te fact, it went on an initial “production frenzy” and circulated 100Billion DOGE coins te the initial Two years itself!
The precies number being 109,910,578,527 DOGE spil of today.
Total Supply – DOGE isn’t limited, and after circulating overheen a 100 billion DOGE already ter the initial Two years, now they have taken up the trend of producing Five Billion DOGE every year!
Trading Markets for DOGE – You can trade DOGE by below given some popular trading podium.
So that’s a wrap up spil far spil best cryptocurrency to invest te 2018 are worried folks!
I’ve attempted my best to make this lump spil data-rich spil possible, and I still would voorkoop Bitcoin to be the best cryptocurrency to invest your money te!
But feel free to check out the other options spil well. Albeit here’s a final peak:- “Never invest more than you’re ready to lose”! Applies both for crypto spil well spil the stock market, that’s the golden rule!
Do let mij know your own verdict, which coin do you think is the best cryptocurrency to invest te?