The cryptocurrency market has gone crazy thanks to its growing popularity around the world. Investors are starting to accept that cryptocurrency is the way forward for making secure, fast and cheap payments online. Furthermore, governments have started to recognize some cryptocurrencies. This growing popularity of cryptocurrency has contributed to the growth in price of a lot of cryptocurrencies. The market is still at its early stages meaning that there is still a ginormous growth potential. As you may know already from trading experience, some currencies grow more than others, at different speed rates. In this page, I would like to try to define which 3 cryptocurrencies will be the biggest and fastest growers in the long run.
#3 LBRY
If LBRY succeeds it will become the video streaming platform of the future. Competing against companies like Hulu, Netflix and YouTube. LBRY’s aim is to decentralize the way content is shared throughout the internet. The creators of LBRY believe that the current system does not help the content creator to grow enough.
Personally, I think they are right, especially since the big social media platforms like Facebook and YouTube have drastically lowered the pay-out of their reward system pushing their leading content creators to find new ways to fill out the money gap that they have created. Additionally, websites like YouTube pay you thanks to adds which drive content viewers crazy. What’s more is that the process to actually get your content viewed by a wide audience is very hard.
LBRY is set to eliminate all financing problems by letting the content creators define their viewing fees that will only be subject to minimal fees by the website to cover the running costs. This is probably the biggest flaw in LBRY, the fact that users have to pay directly to view things: Most of content viewers today are young teenagers who watch their bloggers daily, they do not normally have access to digital money to spend, unless they ask their parents, who are normally against them viewing this content as it is perceived as a waste of time.
Flaws aside, I still think it is a great long-term investment even if in the end it fails to gain popularity. At its release, the value will inevitably rise due to the fact that they have actually created something that has a value. For people like me who are sceptical on LBRY, but don’t want to miss out. I would invest in it and keep it until 4-6 months after its official release. At that time, we will be able to determine whether it will continue to rise or not by analysing its user growth. LBRY could also be a good short-term investment as it’s Beta release is due at the beginning of July.
#2 Stratis
I think stratis will reach the stratosphere, it is only a matter of when. Stratis is company with the aim to make blockchain easy to develop with, thanks to its affordable solutions and its C# and .NET applications. Meaning that stratis will contribute majorly to spread to use of cryptocurrency throughout new applications. This is really exciting for developers as they will finally be able to easily integrate the blockchain in their applications.
The reason why stratis is the second-best cryptocurrency to invest in is because of the growth of the computer developer market. It has received an enormous growth and will continue to grow as people will always need innovative programs, which is what stratis is offering. A new innovative way to easily integrate the Blockchain in your applications. The latter applies for almost all developer based cryptocurrencies making them a great investment.
#1 Antshares (NEO)
The number one cryptocurrency to invest in right now is antshares. In my opinion Antshares has the biggest potential out of all the coins mentioned in this post. This is because Antshares is the china’s first attempt at creating a cryptocurrency. Now this may seem like a useless observation but actually it is very important. Even though it has slowed down, China still has a giant economic growth, much bigger than that of all western industrialised countries, meaning it has louds of hungry investors looking for profits. These investors although they might also invest in the main coins, are also more likely to invest in a coin created by their own country for many different reasons. This gives the westerners like us a great opportunity to catch onto the wave of investors investing in AntShares.
Here are my top 3 long term Cryptocurrency investments, I would recommend not just investing in one of these but actually investing in all three, consequently lowering your overall risk. The the above reasons why I’m investing in these currencies are my own. Therefore, even you think they are not valid, they are enough for me to confidently make an order on those currencies knowing that I will make a return.
I realise this post is late and should been posted earlier so you could have made a better profit.
I would also like to say that I am not responsible for any losses. This post is for educational purposes only…
Do you agree with me or do you have a different opinion? If so please comment as I would love to hear your opinion on things. Please also remember to upvote.