Promising Сoins in 2019 or Is It Not Too Late to Buy Crypto?
Bitcoin and some altcoins have already helped their early investors to become dollar millionaires. After the last year’s cryptocurrency boom and the deep correction in 2018, many people consider that it is too late to invest into digital coins. But in this article we will dispel this misbelief, and also talk about specific coins that have the greatest chance to be successful next year.
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- Why it is not too late to enter the market
- The most promising coins of the next year
1. Why it is not too late to enter the market
If to look at the situation from a global perspective, you can see that the cryptocurrency industry is still at a very early stage of its development. As of now the historical maximum of the entire market capitalization equals a little more than 800 billion dollars. On a global scale, this is an absolutely small value, for example, the capitalization of the Apple company only exceeds the mark of 1 trillion dollars. As of mid-October 2018, after a protracted correction, all cryptocurrencies are valued at only 200–220 billion dollars (taking into account the volatility). Based on this information, we can easily claim that digital coins still have fairly high liquidity in a long- term perspective.
2. The most promising coins of the next year
According to CoinMarketCap’s global rating, there are now a little over 2,000 different coins and tokens on the market. Unfortunately, not all of them have real value and at least some future perspectives. We will not talk about specific coins that will definitely give the cherished X's next year, since making such statements is nothing more but an attempt to predict the future. We only have identified TOP-5 promising coins, which are more likely to go up in price next year, so let's start.
This project cannot boast of a stable rate, but it has a big number of major partners who already successfully use its technology. This coin focuses on banking sector, it has a huge throughput capacity and very small commission fees. Last year, the coin showed a stunning dynamics, its rate has increased almost 600 times. The coin has a great chance to become a mediator who will connect cryptocurrency industry and banking sector. In this case, the price of XRP tokens can reach a fundamentally new level.
Now Vitalik Buterin`s “brainchild” is not experiencing the best of times. The coin rate is about 200 dollars. However, do not forget that Ethereum has a good reputation and still remains the largest decentralized platform in the world. The development team certainly has to solve a lot of problems (scalability, inflation, etc.), but the project has good chances for a bright future.
The Chinese analogue of ETH, which is often called the crypto-yuan. Asian market is one of the largest markets in this industry, so the project has all the chances to firmly consolidate itself in TOP 10 leaders in the near future.
This project is an innovative micro-payment system without transactions. For this reason, IOTA is a very fast and also very trusted system. Recently, the coin has found major partners (for example, BOSCH company), which speaks of its real value.
It may sound strange, but Bitcoin is the engine for the entire cryptocurrency market. BTC has the largest number of users, its capitalization is more than 50% of the entire cryptocurrency market. Taking into account that the mining complexity is growing, and the award is decreasing, this will lead to a lack of the coins in the future, which will positively affect the coin rate. Bitcoin statistics for 2018, like in case of the overwhelming majority of coins, is sad, but among all the coins presented BTC has the biggest chances of recovery.
There are a big number of different cryptocurrency projects on the market, but not all of them have future. In order to feel more comfortable on this very unpredictable market, it is better to diversify your risks and purchase 10-20 different coins. Such approach will help to protect your investment from huge losses.
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