For those of you who have been living under a rock, Bitcoin has been doing extremely well in the last few months. In fact, it is currently the most valuable cryptocurrency on the market right now. There are a lot of other alt-coins that have also been doing well in this time. This means that there are some great alt-coins to invest in.
If you are looking for some good cryptocurrencies to invest in, then this blog is just for you. We will be going over some of the best coins to buy right now and what we look for before choosing a coin to invest in. By the end of this article you will know whether or not investing in cryptocurrency is right for you, and what factors we consider when choosing which alt-coins to invest in.
The first thing we want to do before we get into our list of best alt-coins to invest in, is go over what factors we look at when choosing which one will give us the highest return on our investment. When it comes down to it, there are two main things that we look at. Those are:
The team behind the coin: Does the team have experience? What type of people make up their team?
The technology behind it: Is it innovative? Is it solving
If you are looking to invest in some alt-coins but don’t know where to start then this article can help you. We recently wrote a post about the best coins to invest in 2018 and many readers requested to write about alt-coins as well.
Our picks for the best Alt-coins To invest in are:
Ethereum (ETH) – $38.5
OmiseGO (OMG) – $8.94
MaidSafeCoin (MAID) – $0.34
Augur (REP) – $28.29
Stratis (STRAT) – $5.42
Ethereum, Litecoin and Dash are some of the best alt-coins to invest in 2018. These are the top alt-coins to invest in August 2018 with good prospects for the future.
Cryptocurrency is an innovative payment network and a new kind of money defined by the Merriam-Webster dictionary. It uses cryptography for security making it nearly impossible to counterfeit or double spend.
The first cryptocurrency was Bitcoin when it was created and released as open-source software back in 2009. Today, there are thousands of alternative cryptocurrencies with various functions or specifications. This is because cryptocurrencies rely on open blockchains that anyone can access and use to create their own virtual currencies. Hence, these virtual currencies have been labeled as “altcoins” which is short for alternative coins since Bitcoin was the first to market.
With Bitcoin and other Alt-coins being so volatile at the moment, I’ve decided to write a blog about my favourite Alt-coins and why I like them.
I’ll also be sharing what factors I think are important to consider before investing in an Alt-coin. This is just from my own experience and research, so it’s definitely worth doing your own research too!
I love Zcash because of it’s privacy features. It has a pretty well know developer team behind it (Zooko Wilcox) who are constantly working on new ways to improve the project. This usually means new updates, which means new features!
If you’re interested in privacy coins, then Zcash is definitely one of the best ones out there.
Factors to consider: Always look at the technology behind each coin. A lot of these coins have very similar features but they can all be different in their own way! Make sure you understand how each coin works before investing in them!
Cryptocurrency has taken over the world. This is a great time to invest in digital assets as there are so many to choose from. You can read our blog on the best cryptocurrencies to invest in here if you want to go over our top 10 list of best coins/tokens to invest. We will go over which coins we consider best and what makes them good investments.
What should you look for when choosing a coin/token to invest?
There are three main factors that we consider when choosing the right cryptocurrency to invest in:
1. The team behind the coin
2. The technology
3. The community
There are many cryptocurrencies available to invest in, but at the moment there are only a few true proven winners. You always want to invest in companies or currencies that will have longevity and be around for the long haul.
Bitcoin (BTC) is still the daddy of them all, however, it is very expensive to buy now. It has a market cap of $111 billion dollars and has had an increase of 1,000% over the past 12 months alone. It is highly unlikely that Bitcoin will ever lose its crown as king of cryptocurrencies, however, due to its popularity and rising price we do not consider Bitcoin as a good investment opportunity anymore.
Ethereum (ETH) is one of our top picks for a cryptocurrency to invest in August 2018. Ethereum has a market cap of $47 billion dollars with a daily trading volume of approx $1 billion USD. The platform was created by Vitalik Buterin and launched using an ICO in 2014. Ethereum allows developers to build and deploy decentralized applications on the blockchain using smart contracts – similar to how bitcoin works but making it much easier to develop dapps on top of it.
Ethereum has been an incredible investment over the last year with returns of over 2,500%. The platform has seen huge growth over the last two
If you’re new to the cryptocurrency space, chances are you’ve heard of a list of Alt-coins that have the potential to 100x. While these projects are still in their infancy, some of them are being built by experienced teams with real world use cases. This can make it extremely hard for investors to decide which Alt-coin is worth their investment.
Below is a list of the top 5 cryptocurrencies we believe will make it big in 2018.