Cryptocurrencies are becoming more and more popular, with people from all over the world investing in them. The concept of cryptocurrency was first introduced in 2008 by Satoshi Nakamoto, who is known as the father of Bitcoin. Since then, technology has advanced and many other cryptocurrencies have emerged.
There are many cryptocurrencies to choose from, with new ones emerging every day. In this article we will discuss the best cryptocurrency to invest in 2019 for you to make a wise decision when it comes to your investments.
The Best Cryptocurrency To Invest In 2018
The cryptocurrency market is extremely volatile, with prices constantly changing and several major factors influencing their rise and fall. Still, some digital coins have proven to be a great investment so far; they have gained in value significantly and might continue to do so. Below are the best cryptocurrencies to invest in 2019:
Bitcoin (BTC) – $6,302.18
Ethereum (ETH) – $233.76
Ripple (XRP) – $0.4263
Litecoin (LTC) – $93.21
Monero (XMR) – $125.23
Dash (DASH) – $155.53
Zcash (ZEC) – $135.94
There are a lot of cryptocurrencies to invest in. The following is a list of the best cryptocurrencies to invest in for 2019:
1. Bitcoin (BTC)
It is not a surprise that cryptocurrency is taking the world by storm. Cryptocurrency is a digital or virtual currency that uses cryptography for security. It is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.
The cryptocurrencies have exploded in popularity and the amount of money invested in them has skyrocketed. Many people are asking in forums, on social media and even at parties: Which cryptocurrency should I invest in? Which one will be the most profitable?
Cryptocurrency has become an asset class for many investors and there are many ways to get exposure to this new asset class. The easiest way, especially for those investors who are new to the space, is buying a cryptocurrency listed on an exchange.
There are thousands of different coins listed on exchanges today but only a few of them have managed to gain the attention of the public and become popular among investors. Here we will list you top cryptocurrencies to invest in 2019 and why you should consider investing in them.
The best cryptocurrency to invest in today is Bitcoin, followed by Ethereum. But of the 1,000 other cryptocurrencies, these are the 10 best.
Investing in Bitcoin is always a good idea. This cryptocurrency is still the first in terms of market capitalization (but not in terms of price anymore). Dominating since 2009, every new investor wants a piece of the cake.
Second in our ranking is Ethereum. There’s a good reason to invest in Ethereum right now. Namely, it has been predicted that this cryptocurrency will rise significantly. The forecast has been made by many reputable experts and influencers in the field of cryptocurrencies. The price and value of the coin are expected to rise as more people start using it and investing in it (this is known as the “network effect”).
Even though there are already many video courses and other teaching aids for step-by-step execution of this task. You can initiate yourself into the world of cryptocurrencies with some effort.
Third on our list is Litecoin which is also known as LTC or “digital silver” (as opposed to BTC which is often referred to as “digital gold”). It was created by former Google engineer Charlie Lee back in 2011 and was worth
Perhaps you too want to invest in Bitcoin. But perhaps you’re also a bit worried: what if you buy bitcoins and they suddenly halve in value? That can happen; it happened to a lot of people in early 2018.
The solution is easy: don’t put any money into Bitcoin that you can’t afford to lose. And if you do, make sure to learn about portfolio rebalancing.
As for myself, I’m not putting anything else into Bitcoin. I’m diversifying into other cryptocurrencies. They have their own problems, but they are different problems, and there’s a reasonable chance cryptocurrencies in general will keep rising in price for another 5 or 10 years. If so, my investments will have done well, and I’ll be happy.
Looking into investing some of your cash in cryptocurrencies? Or maybe you’re planning a long term investment?
As an investor, you’re always looking for opportunities. And as a firm we are, too. That’s why TD Ameritrade Holding Corporation has invested in ErisX—an innovative company that offers traders access to cryptocurrency spot contracts, as well as futures contracts, on a single exchange.
For those who demand fast trade execution and trusted digital wallets, we think the following currencies will be of particular interest:
Bitcoin (BTC)
Ripple (XRP)
Ethereum (ETH)