As you know after 2009 the cryptocurrencies become more active and some cryptocurrencies values going very high for example Bitcoin, Ethereum etc. If you know the rule of market that any investment may grow by a huge factor. It’s your take whether to follow the advice, or to ‘’’ignore it. There are several cryptocurrencies out there which are just sophisticated ponzi schemes decided to enrich their creators.
Now, let me show you some cryptocurrencies that could be very beneficial in investing..
Bitcoin : Nowadays, bitcoin value is too much fluctuating. But dont ever think that in future Bitcoin value could be down. Let me tell you something about bitcoin. In Next 4 year the Bitcoin value will rise more than USD $7000. It is predefined thing that you will get too much after investment in Bitcoin.
Ethereum: After Bitcoin Ethereum is the second highest valueable cryptocurrency that could rise in future as well like Bitcoin. You can say that Bitcoin and ethereum are the only cryptocurrencies that have 100% scope of benefit.
Monero: It is also a popular crypyocurrency. The Monero is 1/100th of Bitcoin. Now, you are thinking about , “BTC is anonymous already...” — which is a very unfortunate albeit popular misconception. This currency is mostly used for any kind of black market. This is how the currency got its first big growth boost — basically a popular darknet market adopted it.
STEEM: Steemit is a decentralized platform which allows to reward content when user upvote. I can't say more about steem because you know very well well about steem. This steemit is an official structure and system of Steem.
Factom: Factom is a blockchain-based system that’s optimized to store millions of realtime records with a single hash. It is very beneficial for all kind of business. Right now its not popular but in future there are full scope of success.
Siacoin: Siacoin is the distributed data storage. Specily, it is used by Google service to users because it is an alternative to Box, Google Drive.
Ripple: Don't confused with its name because it is a protocol which basically allows to reduce financial transaction fees by a huge amount and makes the settlement almost instant.
If you have not much money to investing in Bitcoin or Ethereum then you can choose new cryptocurrencies that could rise in future but it needs patience. Hope you liked this helpful article and up voting me.
I think Omisego is worth looking at. It has more than doubled in about 1-2 weeks and they have a deal with McDonald's in Thailand for processing crypto payments it's starting in Southeast Asia soon. OMG is the ticker. It has an awesome working product. It's worth researching.
I think i'll go with bitcoin
Bitcoin and Ethereum could be better for me
Thanks for post . I beleive "NEM" is AltCoin might also need to consider in above list .They have different projects like LUXTAG upcoming longterm growth in NEM .
Good you shared: Investing in the cryptos has nothing to do with the name; the most important aspect is the entry point. If you have money or assets at your disposal, you can invest on a currency that is convenient. However, you need to weigh in the risks involved versus the amount you invest. Good work!
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STOPGood points in this blog. I was about to start a similair discussion. Not sure if I believe in the current crypto investment climate but I do believe in the blockchain. I was researching a way to do better investment analysis on the current cryptos. An interesting website I found: https://www.coincheckup.com This site lets you check investment stats, And does a complete background analysis for every single coin. That's tradable on the market.