As Blockchain is evolving to become one of the most feasible and rapidly growing technologies of this era, we have numerous choices in the cryptocurrency list for investment. While some are quite disappointing, other is proving them beyond expectation.
That is why we have bought you some of the top cryptocurrencies to invest on which don’t only give you higher returns but also quite popular among the traders.
Just like any other investment, we need to first think about all the features and potential which are crucial in the long run before investing. It is like any other reinvestments where you can’t rush to any decision you have to go through them in detail before investing your money in it.
Take an example of Bitcoin, the most famous among cryptocurrency. Since it has been in the limelight for so long, most of us know about it. In 2017, the Bitcoins gained a lot of popularity and astronomically rise upwards. But after some time it fell so low as well which no one of us has imagined. From there, it has been struggling to rise again; therefore before investing in the cryptocurrencies, you have to know what they are.
Before any investment, ask yourself few of these following questions:
- Do you have any plan to sell it if it reaches its peak prices?
- If you wish to sell it, will you sell it all at once or gradually one by one?
- Is there any other reason or factor which may affect your decision and you sell it off abruptly?
- What is the maximum loss you are willing to bear?
- How do you see your profits and how optimist is you’re in making profits?
- Do you follow the market trends on a regular basis? If you are don’t wish to follow the market trend than you should not invest at first place.
After an analyzing your answer you can now figure out what type of investment you can do, either a long-term or a short-term investment in cryptocurrencies.
If you are not updated with the latest information on crypto, it can be a difficult task for you to decide which cryptocurrency you should invest in since you can’t decide on any emotional judgments. There are some metrics which you can use for calculating which the best currency for investment is.
Bitcoins and Ethereum are the top cryptocurrencies you should invest in, but here is more emerging crypto in 2018, you need to consider.
Even Zcash is relatively new in the market, but it has reached several grounds in the very short span of time. At this time, the Zcash has more than 21 million coins in its transaction. If you want to invest in Zcash, you can enjoy its easy and certain level of anonymous approach where you can get the details of the report of all the transaction you have carried out. That is why it is one of the best cryptos you can invest.
When it comes to top cryptocurrencies, the Digital Dash comes to the list of best investment opportunities. Although it has been in the market since 2015 with this short span of time, it has grown continuously and had a market capitalization of $2,036,525,273 and more than $100 million worth of transactions handled. That is why they are not only safe and secure but also a good option for investment.
When we talk about innovation and blockchain, two names come to our mind, Dan Hongei and Vitalik Buterin. This team has previously created Ethereum and now NEO coin. The NEO technology is the best cryptocurrency for investment in 2018 and upcoming time as its rates and value is increasing by the passage of time.
The blogging and social media platform Steemit has decided to try its luck in cryptocurrencies which award tokens in return for the wiring activities when a writer writes a comment or a blog. This token can also be used for payment of other stuff available on the platform. It is an excellent way to encourage more writers to try their skills and interest in creative writing enabler.
Cardano is a computing platform which applies blockchain technology to the ADA coins. It is a decentralized blockchain platform which deals entirely with open source projects of cryptocurrency. It is the very first cryptocurrency platform which is using the Haskell code. It is an industrial product and used for critical systems.
When it comes to attracting more investors, Tron is the best one even with the occasional increase. The major reason behind it is the investors are seeing potential growth in it in the coming months and years. That is why they are buying it when the rates are low and waiting for getting it high for better profits.
Binance coin (BNB)
Bianace is the world’s biggest cryptocurrency exchange, and it is also a name of a coin. When we talk about the top crypto, it falls under the top 30 among the world’s entire cryptocurrency. It is superior in trading and has high liquidity at the same time. Binance not only gets the attention of investors since they seem a good potential in it in the long run as it is increasing its value steadily. It has 15 new tokens, and more than 50% is adopted by that period.