Best Cryptocurrency to Invest in 2019; The Most Promising Coins for Crypto Investment[activecampaign form=3]
What is the investment landscape of cryptocurrencies?
For investors looking to go into the crypto market, it is sensible to know which coins have the most solid investment fundamentals with the best chance of generating profit in the coming year. This piece will give an overview of the best cryptocurrency to invest in 2019 for potential long-term crypto investors. With the current state of affairs in the crypto world, 2019 already looks like it is going to be a great year for cryptocurrency investment.
A good number of investors have made lots of money solely from investing in cryptocurrency. However, with the sheer number of coins in the market and the price volatility of the coins, it is practically impossible for every coin to be profitable. Many altcoins, especially the new ones, are weak and do not have a future in the market. Nevertheless, there are still a good number of coins that will withstand the challenges and thrive in the industry.
What are the most promising cryptocurrency based projects for investment in 2019?
*Bitcoin and Ethereum were duly excluded from this list not because they are not deemed profitable but due to the fact that both coins have already been established in the market and will likely remain a store of value as long as cryptocurrencies are a worthwhile investment.
The EOS network was developed to address the deficiencies of the Ethereum platform by providing a more flexible and usable platform for the development and hosting of large-scale dApps. As a matter of fact, when it was first introduced in the industry, EOS was marketed as the “Ethereum Killer”. While EOS is yet to be on par with the more established Ethereum, it has definitely shown itself as a worthy competitor to the network.
EOS is remarkably faster and more scalable than Ethereum, its range of services to developers are wider and most of them do not require prior programming knowledge to use. EOS is undoubtedly one of the best cryptocurrency to invest in 2019 presenting itself as a promising platform for the digital future. The ICO of the EOS token was successfully completed so capital to develop a beneficial and investment worthy network is not a problem.
- Ripple (XRP)
According to Coin Market Cap, Ripple has a market capitalization of over $18 billion with nearly 40 billion coins in circulating supply making it the third largest coin in market cap behind Bitcoin and Ethereum. If that isn’t a testament to Ripple’s success in the market then nothing is. Ripple was created to serve as a centralized transaction network offering financial transaction services for banking institutions across the globe. One distinctive element about Ripple is the fact that the network never hosted a token sale for its native currency- XRP. The network is powered by XRP which was designed to be less volatile and more reliable compared to its counterparts in the crypto world.
Ripple has always been a profitable network and it remains one of the best cryptocurrency to invest in 2019 and even beyond that. Ripple’s services are more suited for large financial institutions as opposed to single users. Accordingly, the Ripple protocol has already been adopted by big financial corporations such as the Central Bank of Saudi Arabia, American Express and JP Morgan. These strategic partnerships are why the Ripple network is stable and secure.
- Litecoin (LTC)
Think of an improved and more scalable version of the bitcoin network and Litecoin is what you have. On Litecoin, the average mining time is shorter, transaction fees are lower and it is ultimately more flexible than the Bitcoin network. Litecoin has remained one of the top 5 coins in the market since it was launched and it remains one of the cryptocurrencies to invest in for investors in the crypto community. If there’s a network to invest in, few options are as solid and reliable as Litecoin.
- Stellar (XLM)
Like Ripple, Stellar is a financial settlement network for frictionless and seamless global money transfers. Unlike Ripple, however, Stellar is more focused on individual users instead of big financial institutions. Remarkably, the network uses a unique Stellar Consensus Protocol to verify transactions essentially getting rid of the power demanding PoW protocol.
The institutional support Stellar has received from its partners one of which is IBM is just another reason why Stellar will remain one of the cryptocurrencies to invest in for a long time. The goal of the network is to provide its users with fast and efficient low-cost transactions across the globe and so far, Stellar has lived up to its promises.
- Zcash (ZEC)
Zcash is what a solid network looks like earning it a spot as one of the best cryptocurrency to invest in 2019, an investment that would yield great ROI for investors. Zcash offers a secure and anonymous space for individuals who want to engage in trade covertly without leaving a trail. The network will only become more profitable as the user base of the market on the darknet expands. For a relatively new cryptocurrency, ZEC has displayed an amazing growth rate in the short period it has been in the market.
- 0x ( ZRX)
0x is an open source protocol designed to allow for the direct trade of ERC-20 standard tokens on the Ethereumblockchain. Similar to how several dApps are developed and hosted on the Ethereum network, several decentralized exchanges are designed with the 0x protocol. 0x has great potential and it is definitely one of the cryptocurrencies to invest in for the foreseeable future.
- Basic Attention Token (BAT)
BAT was essentially created to cater to the ecosystem of digital advertising. BAT was developed by a team of well-experienced individuals in the fintech community, one of who happens to be Brendan Eich, a co-founder of the Mozilla Firefox web browser. This lends credibility to the platform and without a doubt, come 2019, BAT will be one of the cryptocurrencies to invest in for potential contributors. The BAT token serves as a unit of exchange between content creators and the content consumers.
BAT creates an ecosystem that eliminates the intermediaries through directly paying internet users for their participation in the community. Essentially, the content creators are given a platform to put out their content while the consumers are incentivized with BAT tokens to browse the web. The token powers the Brave browser, the platform on which the community is fully brought together. According to the team, Brave is capable of detecting and repelling malware and adverts to protect the privacy of its users while they surf the web.
- Tron ( TRX)
The Tron network was built to facilitate worldwide financial transactions on digital entertainment platforms. TRON recently acquired BitTorrent and this acquisition is expected to develop and enhance decentralized torrent systems. Also, TRX tokens – Tron’s native token is one of the exclusive ERC-20 standard tokens to be featured on MainNet. Tron’s growth has been quite remarkable, just another reason why the TRX tokens will be one of the best cryptocurrency to invest in 2019 as it promises to yield an impressive ROI.
- Ethereum classic (ETC)
Ethereum classic runs on what used to be the original Ethereum blockchain before the network completely shifted to the PoS system of verification. For new crypto investors entering the market, ETC will be one of the best cryptocurrency to invest in 2019, a solid investment all around. Users who prefer the PoW system can always use ETC instead of the more popular ETH. People will always have preferences and herein lies the network’s selling point.
- Monero (XMR)
The distinction between Monero and other digital currencies is that while others run a “pseudonymous” system, Monero is strictly “anonymous”. The algorithm – involving stealth addresses and ring signatures, is focused on protecting the privacy of its users. Thanks to the anonymity feature, decentralization and PoW verification protocol, Monero’s user community is ever expanding and without a doubt, XMR will be one of the best cryptocurrency to invest in 2019 just like the previous years.
If a platform is going to give Ethereum a run for its money, then Neo is that platform. Popularly referred to as the “Chinese Ethereum” owing to its Chinese based developers, Neo provides inexpensive, faster and more efficient transactions in addition to offering numerous programming languages. Neo is slowly gaining the traction it deserves making 2019 ample time for an investment. For interested individuals, NEO token will be one of the cryptocurrencies to invest in for years to come. The goal of the network is to be the platform for the new smart economy and with the way the system is structured, it is only a matter of time before it is actualized.
- Digital cash – Dash
Dash is notably similar to Monero in that its algorithm is focused on privacy and anonymity. Although it is a relatively new platform, Dash will be one of the best cryptocurrency to invest in 2019, just like it proved to be in 2018. Dash is a credible and secure cryptocurrency network, it has experienced remarkable growth and if you are looking for cryptocurrencies to invest in, Dash would make a solid investment.
- Steem (STEEM)
STEEM is the native cryptocurrency of SteemIt, the social media network cum blogging site. Users on SteemIt are rewarded with STEEM for their contributions and participation on the platform, they can, in turn, use the tokens to purchase products and services on the platform. STEEM has great potential and investors stand to gain a lot on their investment, the STEEM tokens are one of the best cryptocurrency to invest in 2019 with lots of benefits to the investor.
- IOTA (MIOTA)
IOTA is a cryptocurrency based open market platform with a goal of facilitating business to business financial settlements. Powered by the blockchain technology, IOTA is working on being the network of the future generation. The platform offers one of the best cryptocurrency to invest in 2019 for both beginner and expert investors alike. IOTA is currently in partnership with top companies like Microsoft and Telecom. Nothing boosts business like institutional support and these strategic partnerships should guarantee investors that their investments are safe and secure.
- Cardano (ADA)
Cardano is a patent free, open source network that aims to provide a platform for the development and hosting of decentralized applications on the blockchain. Users can also execute financial transactions in various digital currencies including ADA tokens, the native token of Cardano. Though Cardano is no Ethereum yet, it is a growing network and an early investment would be in your best interest. It is one of the best cryptocurrency to invest in 2019 for individuals who are interested in joining the crypto community.
- Golem (GNT)
GNT is going to be one of the best cryptocurrency to invest in 2019 all things being equal. The Golem network simply allows users on the platform to rent out spare CPU or GPU systems via cloud computing networks in exchange for a payment made in GNT – the Golem Network Token. Golem is like Airbnb, only that instead of renting out houses, the platform rents computing power through other users. Golem is an ingenious project which is definitely going to take off.
- Binance Coin (BNB)
There are probably just a handful of people in the crypto world who may not have heard of Binance – one of the top cryptocurrency exchanges in the world at present. However what may not be so widely known is Binance coin – the cryptocurrency that powers the exchange. A lot of crypto traders, both experts and beginners love trading on already established exchanges and with Binance, that could only mean further expansion of its ever increasing community of users.
The bigger the platform grows, the bigger BNB tokens grow. From a discount on exchange fees to a pretty rewarding loyalty program, token holders of BNB have it all at their disposal. Investors in BNB couldn’t be more guaranteed of their investment and as one of the cryptocurrencies to invest, Binance is the exchange of the digital future.
More and more financial institutions along with other big influential corporations are beginning to invest in cryptocurrencies and other crypto products, hinting at an imminent regulatory approval filed for a cryptocurrency ETF. Public opinion on digital currency is gradually improving as well. In the near future, when this time period is retrospectively reviewed, it will mark what would become the beginning of a digital revolution in the financial industry.
Cryptocurrency is the future and an investment in the crypto world can only put you ahead of the revolution. The coins listed above are some of the most promising cryptocurrencies to invest in for the crypto community.
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