CoinCasso
Contributor
Are you wondering which cryptocurrencies to invest in to make a profit in 2019? After the cryptocurrency world fall in the year 2018, which was a tough time for the whole market, we sincerely believe that the last December growth will be continued and the bull market will come again. It seems that Bitcoin will have the most significant impact on the prices of altcoins, which is why we placed it on the list as the first. Here are five cryptocurrencies, in which most analysts state it is worth investing for 2019!
1. Bitcoin
Some say that in 2019 Bitcoin will lose its leading position among cryptocurrencies in favor of the Ripple – XRP token. Arguments for this situation are low risk – high reward ratio for investors, because of the low price of XRP with a very large market capitalization (when we write this article, XRP is ranked second in the ranking).
However, it is believed, especially looking at the current situation, that Bitcoin will continue to be a reference for the entire market. This largest cryptocurrency determines the direction in which the altcoins are going because their price depends on the Bitcoin rate. If the price of Bitcoin will increase after the bear market in 2018, the cryptocurrency market should follow Bitcoin. What’s more, as we informed in one of our last weekly crypto news summaries, Weiss Ratings claims Bitcoin to be “the least speculative investment” and states that its price has gone down to such low levels that now is the best time to buy this currency created in 2009 by Satoshi Nakamoto.
2. Holo
Many analysts think that Holo (HOT) is likely to boom in 2019. Holochain is not based on blockchain. Holochain and blockchain have been designed for different purposes. According to the authors, Holochain is much better than blockchain for anything that requires less than a universal consensus (most things): it’s faster, more efficient, more scalable, adaptable and extensible. Given the innovative technology, Holochain is expected to be an excellent option for investment for 2019, and if you are not convinced that its price will skyrocket in the next year, it is supposed that for sure it is a decent long-term investment. It is only a matter of time before a giant company like Google or Amazon will start adapting Holochain into their platforms. The current price of Holo is meager and it is the next reason to invest in it; if this technology works out, it may experience a large percentage of price increase.
3. EOS
EOS.io platform has been launched in June 2018 by block.one company. EOS.io protocol is based on blockchain, and powered by the cryptocurrency EOS it is predicted to become the first operating system for enterprise applications in the western countries.
EOS is a very promising, 3rd generation platform, and it is expected that it can soon compete seriously with such “huge players” as Ethereum or NEO.
EOS’s creators have an experimental approach to second-generation blockchains. Many crypto enthusiasts anticipate that the cryptocurrency’s price of the platform that guarantees scalability and interoperability will soon increase significantly, especially considering its still young age.
4. TRON
Thanks to the actions of Justin Sun, more and more investors trust in his project. The platform, which is still in its starting stage, is growing and if it achieves its goals related to providing blockchain technology for the entertainment industry, the TRON’s price is predicted to skyrocket already in 2019.
Let us recall that TRON moved to its own blockchain in May 2018. Justin Sun has also already acquired BitTorrent, which has over 100 million monthly active users worldwide. TRON has also exposed to the Forex market, and is about to invest millions into new gaming project – ARCADE. At the beginning of 2019, there is planned niTROn blockchain international summit in San Francisco.
5. 0x
0x (ZRX) is lately a very popular cryptocurrency, and its price is expected to rise. Its protocol provides a decentralized exchange of ERC20 tokens, issued on the Ethereum blockchain. ZRX was on the lips of the cryptocurrency world when Coinbase announced that it had listed the first ERC-20 token on it. During ICO, ZRX raised $24 million.
0x is an essential infrastructure for the growing cryptographic economy and enables the creation of markets that did not exist before. As more and more resources are tokenized, public block locks give you the option of establishing a new financial stack that is more efficient, transparent and fair than any other system in the past.
Are you going to invest in cryptocurrencies for 2019? We wish you good luck! However, remember that there are no 100% reliable and guaranteed predictions in the constantly changing cryptocurrency environment. It seems that as in previous years, the direction in which market is going will be based mostly on Bitcoin’s price, and we do really believe that it will increase again. Keep your fingers crossed together with us for the good crypto year 2019!
Full article with images and prices crypto: Top 5 cryptocurrencies to invest for 2019!
1. Bitcoin
Some say that in 2019 Bitcoin will lose its leading position among cryptocurrencies in favor of the Ripple – XRP token. Arguments for this situation are low risk – high reward ratio for investors, because of the low price of XRP with a very large market capitalization (when we write this article, XRP is ranked second in the ranking).
However, it is believed, especially looking at the current situation, that Bitcoin will continue to be a reference for the entire market. This largest cryptocurrency determines the direction in which the altcoins are going because their price depends on the Bitcoin rate. If the price of Bitcoin will increase after the bear market in 2018, the cryptocurrency market should follow Bitcoin. What’s more, as we informed in one of our last weekly crypto news summaries, Weiss Ratings claims Bitcoin to be “the least speculative investment” and states that its price has gone down to such low levels that now is the best time to buy this currency created in 2009 by Satoshi Nakamoto.
2. Holo
Many analysts think that Holo (HOT) is likely to boom in 2019. Holochain is not based on blockchain. Holochain and blockchain have been designed for different purposes. According to the authors, Holochain is much better than blockchain for anything that requires less than a universal consensus (most things): it’s faster, more efficient, more scalable, adaptable and extensible. Given the innovative technology, Holochain is expected to be an excellent option for investment for 2019, and if you are not convinced that its price will skyrocket in the next year, it is supposed that for sure it is a decent long-term investment. It is only a matter of time before a giant company like Google or Amazon will start adapting Holochain into their platforms. The current price of Holo is meager and it is the next reason to invest in it; if this technology works out, it may experience a large percentage of price increase.
3. EOS
EOS.io platform has been launched in June 2018 by block.one company. EOS.io protocol is based on blockchain, and powered by the cryptocurrency EOS it is predicted to become the first operating system for enterprise applications in the western countries.
EOS is a very promising, 3rd generation platform, and it is expected that it can soon compete seriously with such “huge players” as Ethereum or NEO.
EOS’s creators have an experimental approach to second-generation blockchains. Many crypto enthusiasts anticipate that the cryptocurrency’s price of the platform that guarantees scalability and interoperability will soon increase significantly, especially considering its still young age.
4. TRON
Thanks to the actions of Justin Sun, more and more investors trust in his project. The platform, which is still in its starting stage, is growing and if it achieves its goals related to providing blockchain technology for the entertainment industry, the TRON’s price is predicted to skyrocket already in 2019.
Let us recall that TRON moved to its own blockchain in May 2018. Justin Sun has also already acquired BitTorrent, which has over 100 million monthly active users worldwide. TRON has also exposed to the Forex market, and is about to invest millions into new gaming project – ARCADE. At the beginning of 2019, there is planned niTROn blockchain international summit in San Francisco.
5. 0x
0x (ZRX) is lately a very popular cryptocurrency, and its price is expected to rise. Its protocol provides a decentralized exchange of ERC20 tokens, issued on the Ethereum blockchain. ZRX was on the lips of the cryptocurrency world when Coinbase announced that it had listed the first ERC-20 token on it. During ICO, ZRX raised $24 million.
0x is an essential infrastructure for the growing cryptographic economy and enables the creation of markets that did not exist before. As more and more resources are tokenized, public block locks give you the option of establishing a new financial stack that is more efficient, transparent and fair than any other system in the past.
Are you going to invest in cryptocurrencies for 2019? We wish you good luck! However, remember that there are no 100% reliable and guaranteed predictions in the constantly changing cryptocurrency environment. It seems that as in previous years, the direction in which market is going will be based mostly on Bitcoin’s price, and we do really believe that it will increase again. Keep your fingers crossed together with us for the good crypto year 2019!
Full article with images and prices crypto: Top 5 cryptocurrencies to invest for 2019!