WHAT IS THE BEST CRYPTOCURRENCY TO INVEST IN RIGHT NOW IN 2018?


 what cryptocurrency coin to buy in 2018?


With the ups and downs of 2017 fading into the mist, investors look forth to a new year of opportunities. In the crypto market this is especially daunting as the volatility rate has only increased and the slew of emerging ICOs is making it difficult to determine sound investment from fraud. However, there is a list of cryptocurrencies that are going to stay and grow in 2018.

Bitcoin (BTC)https://koinex.in/?ref=9891e3 

Despite its rollercoaster ride of a year, Bitcoin is solid in its strove to becoming the most expernsive crypto in history. Though its future is murky by financial and economic outlooks, it will continue growing.


Ethereum (ETH)

After a giant pump based largely around the false hope that Ether could overtake BTC as the number one cryptocurrency, ETH has fallen back a lot against Bitcoin and has also lost around a quarter of its USD value from the high point. With Ethereum’s market cap edging down towards 20% of Bitcoin’s, and with panic over the impact of potential regulation of ICO’s starting to look overblown, this seems like a good buy in 2018.

Aragon (ANT)

Aragon ran a very successful ICO, which at the time was the 4th largest crowdfunding event in history, and the second largest in the blockchain space with only ‘The DAO’ raising more than Aragon’s $25 million. Essentially, it is a platform for creating decentralized organizations. Given its ICO success and functionality, the ANT is sure to rise in 2018.

Stox (STX)

Moving further down the market cap rankings, Stox is a prediction market platform. The concept behind it is very similar to other projects like Augur and Gnosis, although there are significant technical differences between all three implementations of the idea. But when you look at the market capitalizations, there is a stark difference. At the time of writing Augur is valued at $185 million while the circulating supply of Gnosis’ GNO tokens, representing a little over 11% of total supply, is valued at $67 million. Stox has a valuation of just $18 million for its available supply which represents 50% of the total maximum supply. Obviously they may also fail to produce a viable product or shelve the project if it takes away from rather than adding to their current business, but it looks like a risk worth taking to me.

Blocktix (TIX)

Blocktix is an event ticketing platform built on Ethereum. Its purpose is to combat scalping while substantially reducing costs and increasing access for small promoters. With a market cap of ~$7 million on nearly two-thirds of the total supply and a very large target market it looks cheap – this one certainly isn’t priced for success right now. This is another project with a clear and credible plan to reach mainstream users outside of the cryptocurrency community, meaning it will find its buyer.
When choosing a coin to invest it, it is important to look at its future potential in long-term, not just short-term gain. Another critical factor is the team and the concept/technology behind the project. Some rating agencies do exist, but nothing beats intuition and experience for a good trader in this regard.
After choosing a cryptocurrency to invest in, most traders do not realize that winds of change are blowing their way. Therefore it is vital to keep up with the project’s news and dump as soon as demand for the project’s services starts to decline.

Still, though there are the established and emerging giants, the newcomers that regularly wash up on the shores of IcoWatch are not to be dismissed as they too have good ideas that may very well be viable enough to bring solid profits.

Monero XMR 2018https://koinex.in/?ref=9891e3 

The Monero has already reached impressive height at the end of 2017 and there seems to be no stopping it as its price continues to creep higher. Monero built its reputation by being one of the most private, secure and anonymous coins in the world. Unlike bitcoin, which broadcasts all transactions on a public ledger, Monero keeps wallet addresses and transactions secret and private. As such, the coin has immense potential for banks and if more banks adopt it, the price will only soar.

Ripple XRP 2018https://koinex.in/?ref=9891e3 

Ripple is working with some of the biggest financial institutions around the world and banks and payment providers are already using XRP to settle multi-currency transactions to minimize the overheads and transaction timing. This leads to a promising future as the coin is technologically backed, it is trusted and its founders have excellent connections – all fruitful basis for speculation and founded price growth.

Etherium Classic ETC 2018https://koinex.in/?ref=9891e3 

On October 1st, 2017, the ETC price nearly touched $35 in just three month and is showing positive growth still. ETC will take advantage of Ethereum as the latter has shown its own immense price shift. As the two are linked, there is a good chance for direct price correlation to take place. Investors are sure to take advantage of the chance along with speculators, thus raising the price further.

Bitcoin Gold BTG 2018https://koinex.in/?ref=9891e3 

Bitcoin Gold is yet another iteration of Bitcoin that was launched in November 2017 and has already managed to gain price. It is inherently difficult to predict the prices of new coins, but given that BTGis tied to Bitcoin, it may well inherit the traits of its ancestor along with all the shortcomings. Nevertheless, proponents of Bitcoin Gold argue that the newly created cryptocurrency serves an important motive as it seeks to decentralize the Bitcoin community, which has grown too crowded to accept new miners

Bitcoin Cash BCC 2018https://koinex.in/?ref=9891e3 

According to most prediction systems out there, BCC is an outstanding long-term (1-year) investment with potential of growth in the next year to promising heights. Considering the architecture and application of the coin, it will come in handy to investors seeking to take advantage of its application, thus leading to price gains.

Zcash 2018https://koinex.in/?ref=9891e3 

Yet another coin that seems to show great promise in 2018 with some stating that it will even reach $2000. As there is no valuation basis for cryptocurrencies, price analysis remains the only way to determine the future of a crypto and Zcash is no exception. But, the omens are good.

Litecoin LTC 2018https://koinex.in/?ref=9891e3 


Litecoin has the 6th highest market capitalization of approximately $12 billion trailing after Bitcoin,. Performance-wise, Litecoin has outperformed both Bitcoin and Ethereum with appreciation values reaching 2000 %. Hence, it would be wise to take LTC into account as an excellent investment opportunity for the long term in 2018.
Firstly, you should do your own research. Don’t pick any crypto just because other people say it is going to “RISE TO THE MOON” in 2018, or because you saw a 50% increase in 1 day. I cannot stress this enough, don’t do what other people are doing but think for yourself. Don’t be one of those FOMO people. Be critical and look at each coin from different perspectives. Ask questions like:
  1. Why is this coin on the market? How is it different than the other coins? What does it promise?
  2. What is the team behind that coin? What are their visions? Do I agree with them? What are they trying to improve?
  3. Look at the market cap. Never think that coins like Ripple which have unlimited supply will shoot as high as Bitcoin stands now (doesn’t mean Ripple is bad, just saying it’s mathematically impossible)
Based on the criteria listed above I have selected:
IOTA, ETH, Ripple, FUN, Stellar, Litecoin, OmiseGo, EOS, and Cardano.
Firstly, you should do your own research. Don’t pick any crypto just because other people say it is going to “RISE TO THE MOON” in 2018, or because you saw a 50% increase in 1 day. I cannot stress this enough, don’t do what other people are doing but think for yourself. Don’t be one of those FOMO people. Be critical and look at each coin from different perspectives. Ask questions like:
  1. Why is this coin on the market? How is it different than the other coins? What does it promise?
  2. What is the team behind that coin? What are their visions? Do I agree with them? What are they trying to improve?
  3. Look at the market cap. Never think that coins like Ripple which have unlimited supply will shoot as high as Bitcoin stands now (doesn’t mean Ripple is bad, just saying it’s mathematically impossible)
 Based on the criteria listed above I have selected:
 IOTA, ETH, Ripple, FUN, Stellar, Litecoin, OmiseGo, EOS, and Cardano.

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Thanks for reading my Cryptocurrency Review.
https://koinex.in/?ref=9891e3 
https://koinex.in/?ref=9891e3 

Thanks for reading my Cryptocurrency Review.
Happy investing
          

Comments

  1. A great piece that sheds much needed light on some of the great theoretical/ideological debates in the contemporary crypto space. At CleanApp Foundation, we appreciate the emphasis on pragmatism, and emphasis on Blockchain/DTL/Crypto projects that offer real social utility. Looking forward to engaging more with your crew!

    ReplyDelete
  2. A great piece that sheds much needed light on some of the great theoretical/ideological debates in the contemporary crypto space. At CleanApp Foundation, we appreciate the emphasis on pragmatism, and emphasis on Blockchain/DTL/Crypto projects that offer real social utility. Looking forward to engaging more with your crew!

    ReplyDelete
  3. A great piece that sheds much needed light on some of the great theoretical/ideological debates in the contemporary crypto space. At CleanApp Foundation, we appreciate the emphasis on pragmatism, and emphasis on Blockchain/DTL/Crypto projects that offer real social utility. Looking forward to engaging more with your crew!

    ReplyDelete

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