Since the emerge of Blockchain technology, Cryptocurrency comes into the highlight. Every individual is looking for the best cryptocurrency to invest in 2019.
It was back in the year 2017 when cryptocurrency was in highlight because of instant skyrocket price of Bitcoin which touched around 20,000 USD/Coin.
But even this is surprising after that spike it was continuous fall in price trend.
There are few stats that were shared by Stastista , which will help you to understand the trend of price rise and fall in between Nov 2016 to Nov 2018 of Bitcoin.
Yes, that was a major hike for a short period of time and which was successful to grab the attention of numerous people.
Now everyone is looking to the same side again and again in hope that to which best cryptocurrency they need to invest in 2019.
Everyone is searching on the crypto market to which currency they should invest?
Best CryptoCurrency to Invest in 2019
Reality is the currency which well knows that does not mean those will be your first choice to invest.
To invest in 2019 it is the first priority to find out which were the best cryptocurrency to invest in 2018.
According to CoinMarketCap there are around 2073 listed currencies. Out of which few have large potential and others not.
If, I will ask people about which currency they would like to invest in. Probably their answer will be below.
- Bitcoin Cash
It is obvious because they know only these many names but there is much unknown currency that has huge potential to invest in.
So stay with us, I will be sharing you top ten cryptocurrency lists which are well known among the crypto news and company investment portfolio.
For sure after reading this article you will get an answer for what is the best cryptocurrency to invest in 2019.
I have also prepared one separate guide onTop 7 best Altcoins which are cheaper than 1 dollar and have a bright future ahead.
Before investing in cryptocurrency, it is the most important to know about the concept of investment in cryptocurrency.
Why invest in Cryptocurrency?
Same as the stocks market and other investment platform cryptocurrency is the new emerging and best choice to do invest.
But there are few things which need to be analyzed first is, for how long you would like to invest in?
The reason is Bitcoin was started back in the year 2009 and it did not get any response till 2016 and at the beginning of 2017 it got a massive change in market price.
Stock investment has the number of guidelines and options available to analyze in the market but cryptocurrency has not, as it is a decentralized currency.
So, It is hard to predict for change in the price of Cryptocurrency, it is more sort of pump and dump based on trending news.
Same as other business investments. it should be first decided by investors that how much profit they would like to make it.
Because there could be chances of loss as well as gain.
Duration for investment
The biggest question you would have to ask yourself, is for “how long duration you would need to invest?”
Yes, this is not simple to decide but let me help you to answer the same.
Long Term Investment
As we have seen the trend of cryptocurrency, it has various up and down.
Same as other investment, you can choose yourself, the duration of the investment.
Before, we choose any cryptocurrency. It is a wise decision to do the required research and try to find the future potential for growth.
As we plan to invest for a longer duration then try to find out an answer for below.
- What was the last 2-year trend in currency?
- Are you have that much sufficient balance to hold it for a long time?
- Identify the future potential of the company.
- What about the proposed collaboration of the company with other companies?
- Decide your profit-loss margin in case of the worst situation.
If you are ready with answers of the above 5 questions then you should start on-board.
Of course, the decision of long duration could have various points.
- Duration in terms of any target price to achieve.
- Duration in terms of holding the fund for specific years or months.
These two are important deciding factors, which needs to be identified before investment.
Short Term Investment
This option is widely suite for those who are already well experienced in the cryptocurrency market.
The reason is there are two possibilities either you will fail or pass.
As it is easier to identify the near future growth chances as compared to long duration.
Because you have seen in the case of Bitcoin start of 2017 everyone has started investing in Bitcoin and there was a positive trend in the market.
Few people have taken blind decision to invest with the market and in the short term, they have gained good profit.
Isn’t it interesting?
I think yes, so the possibilities of gaining profit in short duration is not fixed but yes if you are up to date with the market then you can make this.
You have heard about IPO in Share market, a similar way we have ICO (Initial coin offering) in cryptocurrency.
In ICO the new company sells their fixed percentage of the coin at a cheaper price.
This time is to take advantage of such opportunities. Do take participate in well authentic coin and try to purchase as much as possible.
Let’s take the example of Electronium coin, its price was around $0.01/Coin when it was in ICO and after the official launch. It was traded in cryptopia for $0.30/Coin.
In just a few day’s you have made 30 times profit.
This is called the wiser decision:
To invest for short duration, there are various ways.such as daily trading, purchase of ICO and do invest in currency.
Before short term decision, makes sure to ready with answers to below questions.
- Where are you willing to invest, is it in ICO or daily trading or currency?
- Duration of investment
- The most important question to answer is, for what amount of profit or loss you are ready to sell.
- Do you have enough information to do investment as the short term has a high risk of loss?
- Is it possible for you to be updated on a daily basis with crypto news and company newsletter?
Now it seems like you are ready to invest.
All information, we have shared is based on the experience we have done in the past year till 2018 but now 2019 is about to start.
So be prepared with the new strategy and using factors analyzed in past years. let me share your list of cryptocurrency which is worth looking for.
So now, I am going to share your list of best cryptocurrency to invest in 2019.
Top 10 list of Best Cryptocurrency to invest in 2019
I am not sure how much you are familiar with cryptocurrency but trying to share as much information as possible.
Cryptocurrency market is currently having a market capitalization of around 130 billion USD, which was in the year 2017 was around $800 billion USD.
So it seems that the market has strong potential to grow but the decision is up to you where you would like to invest.
Let me go through the list of currency:
1- Bitcoin (BTC)
Bitcoin is the mother of cryptocurrency, every possible cryptocurrency is traded using Bitcoin.
So how can we forget this?
The best part of cryptocurrency, it is quite helpful in both long term and short term investment because news for Bitcoin is always in highlight.
So it does not require more efforts to find game-changing information.
Do you want to learn more about Bitcoin?
Current active price of Bitcoin is hanging around $4000 -4500 and it has an all-around market capitalization of $114 Billion worth.
It is worth to buy because of worldwide acceptance of currency and in the USA itself, you can get numerous ATM to convert into cash.
But in terms of price, it is too much higher so in order to gain a high-profit margin it requires a lot of money to invest in.
But it is worth the decision to do invest in Bitcoin and I consider this among the best cryptocurrency to invest in 2019.
If you really feel is this worth to buy Bitcoin Now? Then do not miss our ultimate guide on Bitcoin future.
2- Ethereum (ETH)
Ethereum is the second choice for investment, same as Bitcoin there are various currencies which do accept only Ethereum in exchange of ICO.
It has a market capitalization of around $23.5 billion.
From the price chart starting from Nov 2016 till Nov 2018, we have seen a very huge spike in the year 2017, while Bitcoin was also in trend.
So it proves that it has a strong impact on the change in price based on Bitcoin trend. It has reached around $1000/Coin in Jan 2018.
So it is easier to identify trending news as it has a strong correlation with Bitcoin.
The best part of Ethereum is, it is well known that who has developed technology so it is quite easier to focus on those company newsletters so get the future possible trend of the coin.
3- Bitcoin Cash(BCH)
Bitcoin Cash is another big cryptocurrency, originated from Bitcoin itself in the year 2017.
It was introduced to overcome the minimum block size of Bitcoin and it got overnight popularity and become the best choice to invest in.
It may interesting to know you that if any such fork happens with Bitcoin to generate new currency, then in reward everyone who has bitcoin will get an equal amount of new currency for free.
In the case of Bitcoin cash, it was same and I myself got a bonus of $200 as a reward.
It has a market capitalization of around 9.32 billion USD.
From the trending chart, it seems like it should be your point of focus while choosing an option for investment in 2019.
4- Ripple (XRP)
You believe or not Ripple is the best cryptocurrency to invest in 2019.
The people, who have invested at the beginning of 2017 they got a smile on their faces at the end of the year 2017, when ripple has reached around 3$/coin from 0.12$.
It is most trusted and widely used cryptocurrency, the reason is this is not only a cryptocurrency but widely used technology in the payment transaction.
It beating payment transaction time of Ethereum.
It has at present a huge market cap of around 15 Billion USD.
The important thing about Ripple(XRP) is larger companies like JP Morgan, American Express, Saudi Arabia central bank also use ripple technology to clear their transaction.
So, if you are wondering about the best Cryptocurrency to invest in 2019 then this should be your best choice.
To learn more about Ripple check our exclusive guide on all around information related to Ripple adoption and XRP tokens future.
5- Litecoin (LTC)
Well, same as bitcoin it got also name in the year 2017, where its price moved high from 4$ to 320+$.
This Coin has a few advantages as compare to Bitcoin in terms of block time. Bitcoin has around 10-minute block however Litecoin block size is of around 2 minutes 30 second.
It has max market cap value is around 84 million coins as compared to 21 million coins of Bitcoin.
So as it got relatively spike to bitcoin, it is worth need to consider as part of the investment.
6- NEO (NEO)
NEO is the best young cryptocurrency to prefer to invest, it is Chinese origin cryptocurrency.
It has a supply limit of 100 million and currently, 65 million are in circulation.
Where it has block clearance time of around 15-30 seconds much faster than Bitcoin.
The best part of NEO is it has support from established Chinese authority. After banning of Bitcoin in China, NEO came into the boom and spread across the country.
You can assume how much big market China has and if in future Chinese govt will do full support for NEO then you can’t even predict the price of the coin.
To help you understand NEO in detail we have prepared a detailed guide on it check for more.
It has the capacity of doing 10 thousand transactions per second and growing opportunity making, it is in my list as the best cryptocurrency to invest in 2019.
In 2017 this coin also got a spike and its price was increased from 4$ – 304$. This is because there were a lot many investors in this currency.
7 -Dash Coin (DASH)
Dash is a digital cryptocurrency which was forked from Bitcoin hence got a lot of popularity.
It has a max supply of 18 million and currently, 0.8 million coins are in circulation.
It is the most trustworthy and could be the best cryptocurrency to invest in 2019 as well.
It also got an increase in price from 20$ to 1100$, so it has the belief of people and could be yours as well.
I presume that you probably aware of above top 6 currency, so let me share you a few unknown cryptocurrencies which should be the best cryptocurrency to invest in 2019.
8 – Electroneum (ETN)
Many of you have not even heard about this coin but this was originated in the year 2017 and even in ICO it got most popularity.
It has an innovative concept of mining using mobile technology. Which made this coin most popular and highly recommended in the year 2017 and 2018 relatively.
The team working behind this coin is very supportive and sharing quality information and they have done tie-up with few of the companies to do the transaction of coin in exchange of goods.
In ICO its price was around 0.01$ and just after a minute of launch, it was traded around 0.30$.
It was registered later with Coinmarketcap so you could not see that spike in price here in the above chart.
I would highly recommend you to add this in the list of the best cryptocurrency to invest in 2019.
At the end let me recommend you few more currency which is worth looking for to invest.
These are emerging cryptocurrency and going to compete Bitcoin and Ethereum in future.
Well, if you don’t know the future of Cryptocurrency could be bright with the introduction of Facebook Libra Cryptocurrency, learn its 7 Key points here.
Summary and Conclusion
Finding of cryptocurrency and prediction of future growth is quite impossible. So first decide to answer the question of why you want to invest?
Then go for the above suggested best cryptocurrency to invest in 2019.
To buy any such cryptocurrency from Bittrex here is the detailed guide on how to trade on Bittrex.
Cryptocurrency has a bright future and it has the potential to grow and as per stats shared by statista, there is around 28 million blockchain wallet user across the globe.
There are various ways to invest and to get free cryptocurrency to learn more do visit article.
I hope you enjoyed while reading and hope your investment will give you positive feedback.
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