Today at ForexInvest we are going to talk about which cryptocurrencies we see with the most future when it comes to investing in 2018.
Cryptocurrencies are still a talking point and I think they could be a good investment option for this year 2018. In the world of cryptocurrencies, there are those who are dedicated to mining, others to buying and selling and others simply take advantage of their popularity to invest and obtain returns on their capital.
If there is one thing that was made clear to us long ago, it is that cryptocurrencies are more than just a virtual currency, it is on the rise and many people think about what the future holds.
If you are thinking of investing or diversifying your investment portfolio and are looking for other possibilities to increase returns and reduce risks, cryptocurrencies may be a good idea. Obviously, to be successful you must know how to choose.
And precisely with this article on the best cryptocurrencies to invest in 2018 we will try to guide you on the best investment options in these virtual currencies.
There is an important offer of cryptocurrencies, and that is that since the Bitcoin which emerged back in 2009 have not stopped appearing in the market many other similar virtual currencies, although according to which cryptocurrencies with their characteristics and protocols determined.
Both in this year and next year, cryptocurrencies have become a very interesting option to take into account, as they project high profitability.
Bitcoin is undoubtedly one of the most recognized cryptocurrencies, especially because it was a pioneer. At that time its value was not as high as it is today, and most would not expect the price to reach the figures that the virtual currency has today.
Despite the scare we had with the fall in the value of Bitcoin last September for the peace of mind of everyone, it is stable again, and in fact, recently exceeded the $5,000 barrier and continues to rise.
One thing is clear: even with the uncertainty that Bitcoin may cause us at times, it still has some upside and can be a very profitable option to invest in 2018.
There is no doubt that Bitcoin is the virtual currency that positions itself as the leader in the ranking of the best cryptocurrencies to invest in next year.
While Bitcoin is the most popular virtual currency at the moment and the most expensive on the market, we must not lose sight of the new favorite of many, Ethereum. It is currently the second most widely used cryptocurrency.
Among the reasons, we can highlight what is cheaper than Bitcoin, and therefore a more affordable investment option to any pocket.
Ethereum is quite stable, and its share price is still on an upward trend, although there are no such radical changes as Bitcoin and its volatility, it is still growing gradually both in value and in the public interest, and giving it a chance and investing for Ethereum may be a good choice for 2018.
An interesting option, if you are not convinced by the Ethereum, is an inexpensive variant known as the Ethereum Classic.
Somehow the behavior of the Ethereum will also be reflected in this cryptocurrency, that is, depending on whether it goes up or down this virtual currency will also affect the ethereum Classic. We know that Ethereum is a recommended option, so why shouldn’t we show you its cheap “version”?
Having the Ethereum as a reference this virtual currency can also be a good option to invest.
Litecoin is a project that has been on the Internet for several years, for many investors this is an efficient cryptocurrency at the time of making payments and also scalable which does not happen with Bitcoin.
Despite the price drop (something that was already expected), investors are betting on Litecoin as one of the best Alts of 2018. The fact that Charlie Lee sold all his Litecoin doesn’t mean the project is dead – they said in the community.
At the time of writing, the Litecoin price is positioned at $232.24 with a market capitalization of $12,955,748,529 USD which is by far a buying opportunity as the LTC may be increasing its price in the first few weeks of 2018.
Another great option for investing is the Dash.
Although on September 24th it had a value of around $338.64 and today, November 3, 2017, a little over a month later, its price has dropped to $273.57, this is precisely one of the reasons why it may be an idea to invest.
At the moment the Dash is a volatile cryptocurrency so it can be a profitable option to invest.
If it went down today, tomorrow it can go up, and if you give it a vote of confidence and bet on the Dash at the right time you can make a profit when its price goes up again.
Among the economic options for investing we have the Ripple, which is also gaining in confidence because even European banks have become interested in this cryptocurrency for use in interbank payments. In 2018, it is very accurately forecast that this currency will grow by more than 30%. It is undoubtedly one of the best places to invest.
Remember, this coin is worth very little right now. Less than a dollar. If you have some extra savings it’s a great time to buy a few Ripples. You never know what might happen in the future…
At Forexinvest we hope it will grow a lot as it is one in which we have invested more money! We trust you, Ripple!
Continuing with the “low cost” cryptocurrencies, we have also quoted at $0.9153 as of December 20, 2017, the NEM cryptocurrency, which although no longer in the Altcoins ranking worldwide is still an option to invest next year. I’ve recently come down to less than half a dollar. But it is expected to rise again and to reach 2 dollars in 2018.
To invest in the medium and long term we also have Stratis, a cryptocurrency that can also be traded. Since it is quite low priced and there is no great risk of loss, Stratis may be another option for investing in 2018.
Now it is quoting downwards but we can use it to buy cheap cryptocurrency.
It is important to stress that this is only our opinion. And it is just a small list of some of the coins that we believe will be most important in 2018. We also want to mention Monero, even though he’s not on the list. It’s a great currency to keep in mind. If you’re interested in the world of cryptocurrencies and forex. Be sure to follow our blog and always be aware of the latest news from this world.