There are more than 1500 cryptocurrencies available for investment, But majority of it are clones, scams, and Ponzi schemes and has no solution to render, So always look for a coin with solution to buy.
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EXAMPLE OF COINS THAT HAS SOLUTION TO RENDER
- Ethereum wants to make the blockchain technology smarter.
- Ripple wants to revolutionize our payment methods.
- Monero wants to make blockchain more secured.
- Neo wants to create a smart economy and so on.
SOME OF THE QUESTIONS TO ASK YOU SELF BEFORE INVESTING
1 Does the coin have a good roadmap?
2 How active are the dev team on social media?
3 Do they release exciting news often?
4 Do they have a great marketing team that would elevate their place in the market
My QUESTION is how do you know which one to invest in?
Before listing out all the cryptocurrencies that you can invest in 2018, I want to list out the process of choosing a good cryptocurrency that will make you rich.
What to consider when choosing a cryptocurrency to invest in:
1- Study the market cap of the cryptocurrency :
The market cap of a cryptocurrency is far more important than the price of a single unit of it. Because it reveals the trust of the users and popularity of a cryptocurrency, popularity of a cryptocurrency also plays a pivotal role in determining how long the coin will be on play.
2 A good cryptocurrency will always have a visionary roadmap:
Navigate to the official website of the cryptocurrency, gather as much informaton you can and analysis.
3 Do you search on google to see how many people are talking about the coin, read what people are commenting about the coin and also find how active the core team is.
TOP CRYPTOCURRENCIES TO INVEST IN
1-Ripple (XRP)
Market cap: $95.45 billion
Performance in 2017: +41,040%
price: $3.14
circulating supply: 38,739,144,847
The XRP circulating supply is currently about 38.7 billion out of a maximum supply of 100 billion... which is A LOT more than the rest of the cryptos on this list.Ripple traded slightly lower near $3.15 Friday morning, after reaching an all-time high of $3.84 Thursday. The coin has surged more than 35 percent in January so far and RIPPLE solve an actual real-world issue, Fast transaction speed, high scalability and a vigilant team of developers are what makes Ripple great, Ripple is a great long-term investment
Ripple without a doubt is the best CryptoCurrency to invest in right now,
2= ETHEREUM (ETH)
price:$1,024.54
market cap: $99,176,049,744
volume: $6,230,260,000
circulating supply: 96,800,564
Ethereum is up more than 30 percent in January alone. On Tuesday, the digital currency's co-founder, Vitalik Buterin, announced in a blog post the launch of two subsidy programs for improving the ability of the ethereum network to process more transactions, In my opinion, activeness of the development team, trustworthiness of the project and an ever-increasing user base make Ethereum an ideal candidate, ETH is worth holding unto.
3 Cardano (ADA):
market cap: $26,194,119,365
price: $1.01
circulating supply: 25,927,070,538
Cardano currently holding 5th position,It was launched on October 2017 with Price 0.012 and in less than 3 months the price nearly pump tp 0.41 with huge peak rate of 3316%, why i listed this coin, is that, the owner of cardano is co-owner of Ethereum which works on more advanced technology than Ethereum in terms of trust, i recommend you to buy thousand of this coin, cos it gonna skyrock
4 NEO
Market cap: $6,354,874,500
price: $97.77
circulating supply: 65,000,000
NEO is to create a smart economy with digital assets, digital identities, and smart contracts, is expected to keep moving up due to its adoption and features. There is a huge interest from investors who are looking at this coin making it a possible candidate to have a 3 figure value on the future.
MONERO:
Monero is a cryptocurrency that focuses on privacy, scalabilityand decentralisation . The most interesting part of this coin is the fact that it focuses strongly on privacy, thanks to the fact that it is based on the CryptoNote protocol, unlike other cryptocurrencies derived from Bitcoin, and has some important algorithmic differences in terms of blockchain obfuscate
You can as well look at this few coin to invest in:
Litecoin
Zcash
DASH
Ethereum Classsic
Invest money that you can afford to lose.
I would love to hear what you think and also your 2018 coin to invest in
Resteem andpvote please
