2017 was a golden era for Cryptocurrencies. Not just bitcoin but other cryptocurrencies have rocketed prices. some of them have increased by 300 times as well, yes you read it right, not 300%, 300 times which is 30000% in one year. But you still have an opportunity to make fortunes by these.Before count down, as i am new here in steemit, kindly follow for more of these kinds of information along with more analysis and vote me. Believe me there is much more to come.
- Bitcoin
This is quite one is quite obvious. BTC is the first crypto ever made, and it has proved to be the best store of value. From 2016-2017 it it has increased from $900 to $19000 and still increasing. It expected that its price will touch $23000 by the end of 2017. It has yet increase 20 times and given the profit of 1950% this year.I personally am a very strong believer in Bitcoin. Some analysts expect BTC to reach $75,000 by the end of 2018 but i believe it has a potential to increase at least 5x, which will make its price $100,000 obviously. BTC should be atleast 20% of overall portfolio as it is least risky. I will write individual articles for the reason why each of these ones are selected, so stay tuned. Until now you just should remember, there is no other thing like BTC yet. Many other cryptocurrencies claim to be decentralized but in real most of they are not. They have head offices from where major functions work, so when they have offices, how can they be completely decentralized. But for BTC, even the origination is still a mystery. For those who don't know, BTC was formed by an unknown person or organization or a group of people named "Satoshi Nakamoto". He/they/it's identity is still unknown and owns 1 million BTC, which is around 5% of total BTC.coming back to the topic
2. Ethereum
For most of you guys this was also pretty obvious. These are still in my list because BTC and Ethereum are considered as the universal currencies in crypto world. As in Fiat currency USD is universal or mother currency. Which ever crypto you wanna buy, you will most probably need to buy BTC or Ether first then convert it in any currency. Therefore it is obvious that these 2 are here to stay. In the starting of 2017 Ether was of $8.26 and right now it is around @667. It multiplied its price by 81. 8000% profit has been given this year, much much more than BTC this year.Is it too late to invest in it? of course not. This one second best cryptocurrency, and a medium of exchange between different currencies, therefore the higher the demand of crytos overall increases, the demand for Ether increases. More and more people are jumping into the market, being the second crypto and still under $1000, it is still acquirable for most who want to play safe and still make profit. By different analysts it is expect to reach the price of $3000 by the end of 2018. But i expect it to reach at least $10,000 by the end of 2018, means 15x profit. You don't believe me? One Price of BTC touches thousand dollar, $10,000 for second best is nothing. It is the same as people didn't expect BTC to reach $10,000 this year, but it is at $19400 at the moment i am writing.Ether should also have around 20% of your long term portfolio, as it is very safe.
3. Ripple
Now most you guys might not like my selection here, as it not liked by most crypto lovers. For those who don't know, Ripple is now accepted by many bank for Fast transactions. IT famous for its ltra Fast transactions. Much faster than BTC. It can send millions in seconds where BTC takes 2-3 hours for confirmation, and the time and fee is also increases because high demand and huge volume being sent.Ripple's price in the Starting of 2017 was just $0.0065. At that time luckily I was fortunate enough to have a common sense that how can a top second crypto currency be so undervalued. Like not even 1 cent? I had put a lot of money in that time, look at the price now, curently it's price is $0.78. It gave a profit of 119 times, 11899% and still increasing.I strongly believe that once they reach the milestone of $1, the price of XRP will shoot to $50. I studied the mechanism of ripple and researched about their potential. They have an amazing team with a lot of enegry and potential. Keep in mind some analysts expect it to reach $3-5 this year. But you ask me? even $50 is not the limit, but yes for one year they can touch $50
4. NEO Coin
Neo coin is the Ethereum of china. China being one of the biggest country with the population of 500 million people. They trade cryptos with this crypto, it is there mother currency, therefore it is definitely gonna increase. In the starting of 2017 its price was just $0.1434. Currently it is at $44. In one year its price multiplied 312 times. Seriously if this doesn't excites you, nothing will. 312 times means if you have invested $100 in it you would have $31,200 by now, and if you had invested $3,200, this thing could have made you a millionaire in one year. As it the ethereum of china, it will probably follow ethereum in the price as well. Etherum's price has reached its price of $667. Neo will at least reach this price by next year. Which is 15 times. It is the least which i expect. In longer run its potential is even more. But for 1 year yes 15 times expected.
5. IOTA
IOTA has now come up with a new technology, Blockchain 3.0. Just like btc it is Decentralized. But a new a different thing in IOTA is that there is no transaction fees involved. you send from 0.1 cent to $1,000,000 with literally zero fees. This crypto is trying to change the way things work and take place of traditional blockchain. It was lauchned in June 2017, and ranked on top 7 in a very less time. Its initial price in june was $0.638503 and right now its being traded on $3.63 which means 460% increase. This increase is nothing for potential ranked 7 and having a capital of $10,086,970,988. I dont know about others but i personally believe that this crypto can give at least 20x return in one year, has a potential to literelly give even 100x return, I am not exaggerating. To be continued....If you want to have more content like this, along with more information, evidences and advices, kindly vote, follow and share. And let me know, what do you guys think about it, let me know in the comments below.
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