Cryptocurrencies have performed debatably in 2018, yet are continuing to attract new investors in 2019.
However, most beginners have difficulties finding the best cryptocurrency to invest in 2019. Weve all been there, so dont worry! I understand how confusing it is when you first begin looking for new cryptocurrency investments. And thats why Im here to help.
So, are you also looking for the next cryptocurrencies to invest in 2019? Do you find yourself wondering Should I be investing in Bitcoin? or Should I be in investing in Ethereum?
Well, wonder no longer! Im here to answer all your questions. By the end of this guide, youll know how to find cryptocurrencies to invest in 2019.
But first, lets talk you through the recent growth of cryptocurrencies.
So, what are the Best Cryptocurrencies to Invest in 2019
Best Cryptocurrency to Invest 2019: Bitcoin (BTC)
Best Cryptocurrency to Invest 2019: Ethereum (ETH)
Best Cryptocurrency to Invest 2019: Ripple (XRP)
Best Cryptocurrency to Invest 2019: Litecoin (LTC)
Investment Strategies: Lets Make Something Clear
The first cryptocurrency,Bitcoin, was invented back in 2009. That was just the beginning though, and nobody really knew about Bitcoin until 2013. Additionally, no one even thought that it might become the best cryptocurrency to invest. However, since 2013 the cryptocurrency market has seen huge growth growth that has been hard to ignore. Such growth and market size can be compared to some of the very traditional retail markets, for example, multibillion mattress market (you didnt think of it, did you?). This market has experienced a vast growth of such skyrocketing mattress companies asCasperorNectar, very similar to Bitcoin and Ethereum rising in the digital world. There are now more than 1500 different cryptocurrencies, all created in less than 5 years.
Its clear that 2017 was the year crypto really blew up. The market cap of cryptocurrencies grew by 4000%! The market cap of all cryptocurrencies was around $21 billion in March 2017, whereas it is now over $454 billion. Thats huge!
Market cap: The total price of all coins added together.
The cryptocurrency market isnt just about Bitcoin anymore. There are other cryptocurrencies that have entered the space, such as Ethereum, Litecoin, and Ripple. All of these have performed incredibly well over the last year and are the best cryptocurrency to invest in.
The following chart fromCoinMarketCapshows the growth of cryptocurrencies over the years.
There are a lot of things being said about the future of cryptocurrencies. Some people believe that the cryptocurrency phase wont last long, while others think theyre going to be around forever.
It is difficult to predict the future of cryptocurrencies, but what I do know is that the popularity of cryptocurrencies is only increasing. One of the reasons why cryptocurrencies are becoming more popular is because of blockchain technology, which is the main technology behind all cryptocurrencies.
Blockchain technology is the next big thing it is secure, trustless technology that was first used by Bitcoin. You cant learn how to invest in blockchain, though. Instead, you can learn how to invest in the cryptocurrencies that use blockchain (which is all of them!)
Are you ready to find out about the next cryptocurrency to invest in 2019? Well, lets get started.
If somehow, youve only heard of one cryptocurrency, its probably Bitcoin. It is the biggest cryptocurrency it currently has a 40%ishare in the total cryptocurrency market cap! It is the oldest cryptocurrency and it still dominates in the market. So, if Bitcoin continues to increase as it did in 2017, then investing in Bitcoin might be a good idea for 2019.
The price of Bitcoin changes a lot every day and has seen many highs and lows over the last few years. Take a look at the following chart and you will see just how much the price changes.
The price of 1 Bitcoin has gone from around $76 (07.09.13) to as high as $20,000 in December 2017. But then after Bitcoin reached its highest point in December, the price of Bitcoin dropped to around $6000 in February 2018 and has been dropping even further ever since. Its crazy!
With the price changing so much in such a short space of time, how do you decide what the best time is for investing in Bitcoin?
Well, we can try to find the answers by looking at some important past events when the price went up or down by a large amount.
One major event was when Bitcoin split into two cryptocurrencies Bitcoin and Bitcoin Cash. This happened August 1
Investors who knew about this invested their money before the split and made huge profits, almost doubling their investment!
The price of Bitcoin dropped to around $10,000 in January 2018, almost half of the $20,000 it was worth in December 2017. Many investors became worried at this point and started selling their Bitcoin. This caused the price to fall to around $6,000 in February 2018.
If you want to invest in Bitcoin then you need to stay up to date with the latest news and trends around Bitcoin. When news is released about a new technical improvement, you might want to think about buying Bitcoin. If there is a huge fall in price of Bitcoin, then that too might be a good time to buy Bitcoin because you can buy it a low price.
If you have already decided to invest in cryptocurrencies, then it might be a good idea to start by investing in Bitcoin. Even though you have missed the first major opportunity to invest, investing in Bitcoin could still be a good idea.
It all depends on whether you believe in the future of Bitcoin. If you believe in it, you should think about investing in it. If you dont, then I recommend that you stay away from it. Its the same with any investment!
Towards the end of last year, the price of Ethereum was slightly higher than $720, with a total market cap of around $70 billion. At the beginning of 2018, Ethereum climbed and reached its highest price of $1423 on January 4. At this time, the total market cap for Ethereum was at $138 billion!
Ethereum grew by about 3000% in the year 2017 and became the second largest cryptocurrency, placing second behind Bitcoin.
Are you asking yourself, Should I invest in Ethereum? or Is the price of Ethereum already at its peak?. Well, the truth is, nobody knows! However, the following information should help you decide whether investing in Ethereum is a good option for you.
The chart below shows how Ethereum has grown over the last few years.
Below are the key events that have most affected the price of Ethereum in the past:
Ethereum received an investment of around $150 million in May 2016. As a result, its price went up from $1 in January 2016 to around $14.80 in May 2016.
, 2016, members of the Ethereum community found out that Ethereum had been hacked. Around $60 million worth of Ether (Ethereums currency) was stolen due to a flaw in a wallet. This caused the Ethereum price to drop from the high of $21.52 on 17
Unlike Bitcoin, Ethereum is not just a digital currency. It is a more advanced blockchain project. This is because Ethereum offers something special by using Ethereums platform, developers can build their own cryptocurrencies.
Imagine that you would like to build a blockchain-based solution for managing the supply chain of your business. Well, thanks to Ethereum, you dont need to start from the beginning. Instead, you can just build an application on Ethereums blockchain. Ethereum makes it much easier for new blockchain projects to launch.
So, is Ethereum your next cryptocurrency to invest in 2019?
I recommend that you think about adding Ethereum to your list, as I think it could be one of the best cryptocurrency to invest 2019.
Julian Hosp, a blockchain expert, said that the market cap of Ethereum could rise to $200 billion by the end of 2019. If Hosps prediction is correct, the price of Ethereum will reach up to $2000. Hosps reason behind the prediction is based mostly on the ICOs (Initial Coin Offerings) that decided to use the Ethereum blockchain in 2018 & 2019.
Ethereum also plans to improve their technology a lot this year, with new protocols almost ready to go.So, watch out for Ethereum!
To learn more about Ethereum, read ourEthereum vs Bitcoin guide.
Ripple, also known as XRP, was one of the best performing cryptocurrencies in 2017 with growth of around 36,000%! Yes, you read that right. It grew from almost $0 at the beginning of 2017 and reached $2.4 in December 2017 as you can see in the following chart.
Like all other cryptocurrencies, the price of Ripple has also decreased in 2018 it is currently set at $0.36.
I know what youre thinking you missed a great opportunity by not investing Ripple in early 2017. While thats true, Ripple could still be a good option to consider as your next cryptocurrency to invest in 2019.
Even though the price of one XRP is a lot lower than the price of one Bitcoin, XRP is still the third largest cryptocurrency by market cap. In May 2018, it had a total market cap of around $35 billion.
So, what is it about Ripple that has made it so popular for investors?
The main reason for Ripples popularity is that it is not just a digital currency, but also a payment system. Ripple uses blockchain technology to make international payments securer and faster.
If you tried to make an international bank payment today, it would take around 2-10 days for the transaction to process. The same payment, when done using Ripple, takes a few seconds. How awesome is that!
But theres more good news many large financial institutions like American Express, JP Morgan and Santander are already using Ripples technology. Also, Ripple has been working with the Saudi Arabia Central Bank, Chinas LianLian International and other banks from around the world.
So, if youre wondering how to invest in blockchain, then Ripple might be the best answer.
Based on what I just explained, Ripples future in financial industry could be a good one. You should watch out for Ripple and learn more about their partnerships. Look out fornewpartnerships too if Ripple signs a contract with another large bank, then it could increase the price of XRP.
The investors, who understood the services that are offered by Ripple, have made a lot of money. After a fantastic 2017, Ripple could just be the best cryptocurrency to invest in 2019.
Note: Now might be a good time to invest in Ripple, as its price has dropped 70% lower than its an all-time high of $3.4 in January 2017.
Our list ofwhat is the best cryptocurrency to invest in 2019cannot be complete without Litecoin. Just like Ripple, Litecoin showed great performance in 2017 with a growth of almost 8000%.
The price of Litecoin grew from around $4 at the beginning of 2017 to a high of $358 in December 2017. However, just like most cryptocurrencies, Litecoin also followed the price trend and dropped to $110 in February 2018.
Take a look at Litecoins price chart below you can see the quick rise in the price of Litecoin at the beginning of 2018. The price of both Litecoin and Bitcoin has followed a similar trend over the last year.
Litecoin is the 5thlargest cryptocurrency with a market cap of around $11 billion. Litecoin continues to interest investors because of its close connection to Bitcoin. Providing a good reason for Litecoin to be on our list for the next cryptocurrency to invest in 2019.
Litecoin was created in 2011 to improve upon Bitcoins technology. Litecoin completes a transaction 4 times faster than Bitcoin. However, unlike Bitcoin, the maximum number of Litecoin is capped at 84 million 4 times more than the coin supply of Bitcoin (21 million).
Litecoin was the first cryptocurrency to perform aLightning Networktransaction in May 2017. Using the Lightning Network, 0.00000001 Litecoin was transferred from Zurich to San Francisco in under one second! Once Litecoin starts using the Lightning Network, it could increase the price of the Litecoin!
Lightning Network: A new technology that increases the speed of transactions on the blockchain network.
How do investors make decisions they want to invest in real estate or stocks? Do they start making investments the moment they think about it? My guess is that the answer to that question is no!
Before you invest in anything, you need a clear understanding of what your investment goals are and how you will achieve them. You want a good idea of how long you are prepared to keep your investment open, and what amount of profit you are happy to take.
You should have the same mindset with cryptocurrency investments. Before you decide what the next cryptocurrency to invest in 2019 is for you, lets discuss the two main types of investment strategies for cryptocurrencies.
A long-term investment is one where you expect a cryptocurrency to perform better over a longer period of time.Simple!Normally, the minimum time for long-term investment is 6 months to 1 year. Although, some people plan to hold onto their investments for 5-10+ years. Its up to you how you choose to invest; you can either make your full investment in one go, or you can invest at different times.
Once again, before investing any amount, you must have a clear idea of what your investment goals are:
Will you sell the cryptocurrency after a certain amount of time or will you sell it when it reaches a certain price?
Will you sell off your investment at once or will you sell parts of it at different times?
On what occasion would you sell the long-term investment in the short term? For example, if new laws come into place that could affect the long-term price of your investment, you might consider selling it sooner.
Next, you should do some research to decide which cryptocurrencies are best as long-term investments. I recommend that you check for the following:
If you really believe in the cryptocurrency you invest in, you should learn to hold on to your investment even when the prices drop. If you panic sell, then you could lose money and regret selling.
Long-term investing makes your life easier as you dont need to watch the market all the time
You believe that some cryptocurrencies will give a better return in the long-term
You truly believe in the future of the cryptocurrency
Short-term investments are made over shorter time periods in the hope of making quick profits. So, just how short is a short-term investment?
Short-term investments can take seconds, minutes, days or even a few months.
Just like long-term investing, you need to have clear goals for your investment. You need to be asking yourself:
What profit are you expecting to make from this investment? This will give you an idea of the price at which you should buy/sell the cryptocurrency.
How much of a loss will you accept? This will help you control your losses if the price of cryptocurrency suddenly drops.
Do you have time to study and follow the crypto market and the news?
Can you make technical analyses of the crypto market? If not, then you should learn before investing.
Will your short-term strategy give you higher returns than a long-term strategy?
You need to find out which is the best cryptocurrency to invest in 2019 for the short-term. Cryptocurrencies that have the following are good options for short-term investments:
High trading volume lots of people are buying and selling it every minute
Are currently trending on the news and on social media
Have an ICO or have just finished their ICO try to get them at a low price
While cryptocurrencies like Bitcoin and Ethereum can also be traded in the short-term, you should think about investing in the newer cryptocurrencies. Investors have made huge profits in the past with short-term investments including some of the major, but newest cryptocurrency investments like NEO, Stellar, IOTA, and NEM.
The main advantage of short-term investments is that you can make a lot of money in a short amount of time they have made a lot of people rich quickly. However, they still have their disadvantages.
They take up a lot of time and effort as you need to watch the market prices constantly
It is a riskier investment and can result in greater losses because of how much the price changes in a short time
Its difficult to say which is the better option of the two investment strategies. It all depends on your goals and experience in the cryptocurrency market.
If you really believe in a project, then I recommend that you invest in the long term. However, if a project is new and is generating a lot of attention, then short-term trading could be the better option.
While cryptocurrencies can give you huge profits, you must be prepared for one more thing to lose money. Remember, your predictions wont always be right! Nobody truly knows what is going to happen to the price of a cryptocurrency or any other investment.
Do you know what most of the expert cryptocurrency investors say? You shouldonly invest money that you are not afraid to lose.Its great advice, so always remember it!
So, this is the end of ourBest Cryptocurrency to Invest 2019guide. I hope that you now know which investment strategy will work best for you and that you have a good understanding of what makes a good investment.
Which of the cryptocurrencies I mentioned is your favorite? Do you have a pick for the best cryptocurrency to invest in 2019?
*Note: this article is a personal opinion. Before making any investment decisions you should consult with a professional.
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Thanks for putting up this great list of cryptocurrencies. EOS and wanchain from a personal perspective are cryptocurencies to invest in right now
Google Anonutopia if you want the next big thing.
It has been great for me to read such great information about. I bookmarked this post for future reading and must share with my fellow. Thanks for a bunch for sharing.
nice article but the best cryptos in my eyes are not these mentioned . the best technical advance has zilliqa and this is my personal longterminvestment. when you see the pricechart you can also expect a lot from this crypto. and for shorttermtrading you did not mention any crypto. at the moment moeda loyalty points is a good shorttermcrypto. and there are some nez listed cryptos on binance which are great for shorttermtrading.
Wow, these are NOT going to moon. The coins that are low and worth investing in NOW are: XLM (stellar lumens) which is currently at 23 cents, is going to be 50 cents by December, and is easily going to be over 4 dollars by 2020.
Another coin to invest in would be Electroneum, but only if it falls below $0.01 again. Right now, its too high, but keep an eye on it.
The only coin on this list I agree with is XRP, as it has potential, but is more of a gamble than a sure thing.
Hi, I must say that it is a very valuable blog.. kudos to you. I have always been keen into knowing more about cryptocurrencies. I have written blog on the same topic as well.
You should do a study on karatcoin by Karatbars International, CEO Harald Seiz. I believe this is a great investment.
Thanks for sharing useful Information. I appreciate your Content. i love your Blog. Keep Sharing!
Great! Your article has given answers for many of my doubts. Hope this article would be very useful for all the crypto investors. Keep up the good work!
thanks for this information,I really appreciate it.
I real want to invest in either currency. But how do I do it. I mean how to join? Otherwise thank you for your information.
GREAT BUT YOU DIDINT TALK ABOUT THOSE SCAMMER INVESTMENT ONLINE THEY START WITH BCT OF $ 10 AND RUN WITH MONEY OF MANY PEOPLE WHO IS NEW ON CRYPTO.
Sounds great. There is no doubt about it, market that dips and crashes like this are difficult to deal with. No matter what happens with this market, this is the best time to invest in cryptocurrencies because these coins you see going down now will go crazy higher in no time. The prices of these cryptocoins are volatile, it goes up and down all the time. They act like its falling apart. The market is still much higher than it was some years ago. If you ever thought about cryptocurrency as an investment, then youre on your way to greatness. I urge you to listen to what I have to say. Because if you make the right pick you could find your self jumping for joy on top of an enormous pile of cash. Ready or not , a growing number of economies, banks, billionaires are backing this new forms of tender. And once you understand how easy it is to make profit from cryptocurrencies its easy to see why the cryptocurrency market is preparing to take off. Anything youve seen up to this point is going to be shadowed by the amount of money that is about to come pouring . And for investors who get in before the end of the year , they are going to make it big and earn an unbelievable amount of profit as far as you make the right pick of coin to invest or apply a currency prediction software to help know and select the right coins with value and potential to rise in no time to invest in as digital currencies are going to be once-in a life time opportunity. The only caveat is that you must act quickly and smart then invest with a good and trusted platform to help make the right pick or choice of coins with value and to invest in. Investors who wait idly on the sidelines until the media tells them to buy now are going to lose out on millions and potentially billions of dollars . And if you wait for the media to tell you when cryptocurrencies are safe youll be losing out a great deal. I am not talking about buying bitcoin alone. I am not here to double or triple my money when I can potentially create 10times, 100times or even 1000times my money investing in ethereum and other new coins which have potentials. In just few months Ive made nothing less than $100,000 investing in ethereum and other coins . My rules for buying cryptocurrencies if I want to keep my 98% win rate are thus; The asset must have intrinsic value, The asset must be new, but not too new. The digital currency boom thats happening right now is a once-in-a-life time opportunity. You may never have the chance to make this kind of money this easily, ever again. There are lots of tiny digital currencies that can generate higher gains more than bitcoin and the rest which people can invest in and cash out big.
I really need to be guided on how to invest on crytocurrency which one to invest one..
I had a small amont of ETH, that was nothing to worry about, so I tried out autocryptotrader in september 2018. For now it is going OK, having in mind the overall state of the market. I am sure that we will see improvements in the market in the second half of 2019
please i need a guide on how to invest in crypto , i will be glad if i get that from you .
Im a new crypto investor and welcome the advice you have supplied. The other downside I can see is that there appears to be quite a number of scammers ready to separate people fro their hard earned cash. How does someone like myself who is new to this type of investment avoid the scammers and which companies are reputable ?
Thanks for sharing useful Information. This blog Very helpful for those who want to invest money in cryptocurrency. Keep sharing!
Seriously, It help a lot. Thanks for the infos.
I am now in class, thank you for such a great article.
This blog is very informative, I have always been confused with why and how to invest in cryptocurrency, Now all my doubt has become clearer and also, from this blog I have discovered some good cryptocurrency where I can invest.
do you have information about pivot(pvt) token friends of main introduced it to me and said has great potential what do you think about it? according play store pivot app has 3 million download.
I found it. Its krypton, from 1984 team.
Thanks for sharing, this is a fantastic blog post. Really looking forward to read more. Will read on
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