Anyone living in the 21st century is well aware of the cryptocurrency craze. Its decentralized nature and ‘cool’ vibe make in the favorite of millennials and geeks who are looking to make quick money online. Moreover, anyone with decent coding skills can make their own cryptocurrency too. Amidst all the varieties available, it can be hard to decide the best cryptocurrency to invest in. The first step is, of course, to gain a basic understanding of how to invest in cryptocurrency. For the express purpose of choosing the right cryptocurrency, here is a quick guide to the best cryptocurrencies to invest in now to help you make an informed choice.
This coin has always been one of the best coins to invest in since 2013. It grew by a staggering 39000% in 2017 and is still going strong. One of the key reasons Ripple is projected to be among the best cryptocurrency to invest in for 2019 is the influx of institutional money indicating that investors deem it safe enough to put their money in.
The first cryptocurrency ever created Bitcoin remains among the best cryptocurrencies to invest in and a favorite among new investors looking to start trading in cryptocurrency owing to its widespread acceptance. However, its value has been declining of late as new currencies have come along in the market.
If we had to pick one best new cryptocurrency to invest in, this would be it. With multiple companies including IBM in partnership with the stellar project, it is rapidly gaining credence as a means of enabling cross-border payments. It has been performing consistently throughout 2018 and may soon be listed on Coinbase, one of the most respected cryptocurrency exchanges.
This is another stalwart cryptocurrency that has witnessed some fluctuations but is still among the best options to invest in for 2019. It is not merely a coin but an advanced blockchain technology in its own right and other cryptocurrency projects can be launched on its platform as well.