10 best performing cryptos of 2019 not named bitcoin

     

by bacninhtrade.com.vn | Last updated Oct 29, 2020 | All Strategies, Cryptocurrency Strategies | 3 comments


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Do you want khổng lồ know what the best cryptocurrency to invest in for 2019 is? Knowing which blockchain giải pháp công nghệ khổng lồ invest in might prove to be a hard task. With hundreds of cryptocurrencies lớn invest in, where vị you begin?

It can be overwhelming & confusing when you first start lớn look for the best cryptocurrency khổng lồ buy right now, but we’re here lớn make it easier for you. Luckily for you, we have sầu used several factors before picking the best cryptocurrency lớn invest in. First, before you start investing in crypto lớn, it"s important to develop a successful trading strategy.

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So, are you looking for the next big thing và for a new cryptocurrency investment? Maybe you find yourself thinking “Should I invest in Bitcoin?” or “Should I invest in Ripple?”

Here is a menu of the most promising, best cryptocurrencies to invest in for 2019.

Best Cryptocurrency lớn Invest in 2019

Just lượt thích there were the best cryptocurrencies to lớn invest in for 2018, this year is also full of good opportunities. That means there’s still a chance lớn get rich, but you just need to know where lớn put your money in.

At the time of writing this article, based on Coinmarketcap stats there are 21đôi mươi different cryptocurrencies. The market cap of all cryptocurrencies is more than $112 billion after reaching a peak of $813 billion in January 2018.

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The cryptocurrency market has many altcoins & there are other best cryptocurrencies lớn invest beside Bitcoin. Many people believe sầu the blockchain công nghệ is the next big thing.

While it’s hard lớn predict the future, the fact that we have a secure and decentralized technology gives us strong reasons lớn be positive sầu.

Moving forward we’re going to nội dung what the best cryptocurrencies lớn buy right now are.

The digital coins we picked have sầu a good chance of significantly outperforming the markets in 2019.

Let’s get started!

Best Cryptocurrency lớn Invest In

We have sầu a very good chance of reaching a bull market in 2019 for a variety of reasons that we’re going to mention throughout this guide. In the case of a bull market, we’re going khổng lồ see pretty much every single major cryptocurrency jump in price significantly.

However, there are several cryptocurrencies that we think we can make a svào case. They are aao ước the safest investments in case prices should fall further. So, if we’re not going lớn see a bull market, we won’t be losing any money.

Trading or day trading cryptocurrency will require you to take risks. In order to reduce the risk of cryplớn trading, you should diversify your holdings and invest in multiple different types of currency. This way, if one currency begins to underpersize, your investment will still be protected.

Most cryptocurrencies have a strong connection to Bitcoin, meaning that Bitcoin should likely ảo diệu a significant portion of your portfolio. The coin does trương mục for 40 percent of the total market share, after all. In some ways, Bitcoin is similar to lớn bonds in the sense that it is often the foundation of a portfolio with riskier investments (such as stock).

Studying historical price charts will make it easy lớn see whether or not a currency is strongly correlated with Bitcoin. We also recommover paying cthua kém attention to lớn developing crypto lớn news stories. By carefully balancing risk & reward, you can take advantage of the cryplớn industry’s natural growth.

Best Cryptocurrency khổng lồ Invest 2019: Bitcoin (BTC)

Bitcoin is a very obvious choice for the best cryptocurrency lớn invest, we have already seen Bitcoin have an incredible 2019 so far. Between January 1st & May 1st of this year, the coin increased in value from $3,862 per coin to $5,412 per coin. If you had invested in Bitcoin on January 1st, your monthly rate of return would be nearly 10 percent. BTC is by far the biggest cryptocurrency và the oldest coin owning more than a 40% chia sẻ of the total cryptocurrency market cap.

Bitcoin is simply currently the market leader!

You can find Bitcoin listed on every single cryptocurrency exchange!

Bitcoin makes mainstream news on a daily basis and it’s recognized by almost everyone.

Following Bitcoin’s steady rise, prices have sầu remained remarkably stable. This suggests khổng lồ traders that the value increase was genuine và will likely be sustained. Over the past few years, Bitcoin has significantly increased its utility. Currently, many eCommerce stores, retail outlets, and even restaurants around the world accept Bitcoin as a size of currency. Bitcoin remains in an absolutely chất lượng position that we can’t say about other cryptocurrencies và continues to lớn be seen as the image of cryptocurrency as a whole và as representative sầu of the cryptocurrency market.

Bitcoin is also regarded as a store of value for a lot of people in the cryplớn world. Wherever you agree- with it or not, it’s how BTC is seen by some people.

It’s very unlikely that Bitcoin will đại bại its status too quickly which is the reason why BTC remains one of the safest và the best cryptocurrencies lớn buy right now. As an industry leader, Bitcoin is often the “gateway coin” that helps crypkhổng lồ companies extend their reach. In other words, if Bitcoin is doing well, the entire cryptocurrency industry is also doing well (và vice versa). Find more bitcoin resources here.

Taking everything inlớn consideration for our 2019 cryptocurrency forecast we can pretty safely assume that Bitcoin price will remain elevated.

Best Cryptocurrency lớn Invest 2019: Ripple (XRP)

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Ripple remains a low-risk investment. This makes it a safer play, but with room to lớn make small profits if a bull market is on the corner for 2019. However, if you want something khổng lồ maximize your profits, we think Ripple cryptocurrency is the best cryptocurrency to lớn invest in.

Ripple has established itself as one of the most stable cryptocurrencies in the industry. Other than Bitcoin, Ripple has enjoyed among mỏi the most predictable price movements. Additionally, because Ripple experiences more than $800 million in daily trading volume, it is ahy vọng the most liquid cryptocurrencies available. The company behind Ripple is building a massive international network, with hundreds of members. Those are banks, payment processors and liquidity providers.

Ripple has developed a công nghệ that can revolutionize the way payments are done. The Ripple blockchain remains the closest and the most likely khổng lồ achieve that to lớn any real degree.

Ripple can become an alternative sầu for the SWIFT system currently used for international money transfers that have been used for 45 years & every major ngân hàng in the world uses.

Ripple is working hard to lớn get more companies using their công nghệ which ultimately should result in the XRPhường price going up significantly.

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With a growth of around 36,000%, Ripple was the best cryptocurrency khổng lồ invest in for 2017. It grew from just a couple of cents at the beginning of 2017 & reach $2.4 by the end of 2017.

See the chart below:

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Since we’re in a bear market, lượt thích all the other cryptocurrencies, Ripple"s price has decreased in the previous year & at the moment of writing this article is trading around $0.30.

Ripple is currently the second-best cryptocurrency after Bitcoin with a total market cap of around $12.6 billion.

It might be a good time to buy Ripple, which is down almost 70% from its all-time high of $3.4 reached in January 2018. As of 2019, the market cap for Ripple has exceeded $12 billion. Purchasing one individual coin is surprisingly affordable. During the course of 2019, Ripple has mostly floated between $0.28 & $0.38 per coin. As the company behind Ripple continues to lớn build valuable connections in the business world, Ripple may be on the verge of breaking out of its current price channel.

Let’s see what’s the third piông xã for the best cryptocurrency to lớn buy right now.

Best Cryptocurrency khổng lồ Invest 2019: Basic Attention Token (BAT)

Basic Attention Token is a cryptocurrency token designed to bring a new way of sponsorship on the internet. The mạng internet is mostly based on paid advertisements. When you open a trang web there are always a bunch of ads. Contrary lớn Bitcoin và Ripple, BAT is a coin that is still on the “outside” looking in. The coin has experienced above-average levels of volatility, but it has also produced some impressive returns.

That reliance on add revenue & monetizing the nội dung through ads is what makes BAT a good candidate for the best crypkhổng lồ of 2019. So far the coin has already more than tripled in value. Between January 1st & April 20th, the coin increased in value from $0.13 to $0.44 per coin. Though the coin has experienced a slight dip since then—dropping khổng lồ around $0.37 per coin—its rise has still been very impressive sầu.

The team behind BAT envisions a world of sponsorship where we decide khổng lồ support our favorite creators. For this purpose, they created the BAT coin & integrated it into lớn the BRAVE browser.

Currently, there are about 1.3 billion BAT coins in circulations. The 24-hour trading volume is $108.6 million and the current market cap is $466 million. While these numbers are much smaller than Bitcoin & Ripple’s, BAT is a coin on the rise. This may be one of the best coins for risk-tolerant investors in 2019.

Let’s now get to lớn our last piông xã for 2019...

Best Cryptocurrency to Invest 2019: Ethereum (ETH)

During the strongest cryptocurrency bull market, Ethereum price skyrocketed slightly closer to $1600 reached on 13 January 2018. At that time, the Ethereum market cap was around $138 billion. ETH grew by almost 3000% making one of the best cryptocurrencies to invest in for 2017. So far in 2019, Ethereum has begun lớn gradually reverse its losses from the end of last year. The coin is getting increased attention from crypto lớn developers và has been able to lớn maintain most of its positive sầu gains.

Whether it’s a good idea to buy Ethereum or not, it’s up lớn you khổng lồ decide that.

ETH is not just a cryptocurrency, it’s a more advanced blockchain giải pháp công nghệ than bitcoin. This công nghệ allows other blockchain projects khổng lồ be launched on the Ethereum platkhung. While Ethereum was trading for around $140 per coin at the beginning of the year, its current price is nearly $200 ($196.48 as of May 11). The Ethereum chart typically moves in lockstep with Bitcoin, dropping off around the over of 2018 and experiencing positive gains thus far this year.

With a price point around $200, Ethereum is an excellent “intermediate” coin that is much more affordable than Bitcoin, but much more expensive sầu than BAT and Ripple. Purchasing coins at multiple different price points can help make your portfolio more diverse & dynamic. Ethereum is also an excellent alternative sầu for hedging the risks of purchasing newer coins.

We encourage you to give sầu Ethereum a chance, as it has the potential khổng lồ be the best cryptocurrency khổng lồ invest in 2019.

Conclusion – Best Cryptocurrency to lớn Invest In

If we didn"t mention your favorite coin in our best cryptocurrency lớn invest 2019 guide, it doesn’t mean that your coin will not rise in value. It simply means it hasn’t made the cut to be listed as the best cryptocurrency to buy right now.

As we were saying earlier, diversification can enhance your cryplớn trading strategy. By investing in a larger number of coins, you can protect yourself from unexpected events.

While the four coins featured in this article are our top choices, we also recommkết thúc giving these coins a look.

Litecoin (LTC)Bitcoin Cash (BCH)DashPeercoinEOSBinance Coin (BNB)Stellar (XLM)Tezos (XTZ)

Many of these coins have high market caps. This helps assure long-term stability and will also make trading coins a bit more predictable. In order to access the benefits of diversification even further, you may want khổng lồ consider investing in a cryplớn index fund.

Rethành viên, your forecasts won’t have 100% accuracy so always be prepared for fluctuations.

Which of the cryptocurrency listed above is your favorite? Let us know if you have sầu another good candidate for the best cryptocurrency khổng lồ invest in 2019. Also, be sure lớn read the updated guide for the best cryptocurrency khổng lồ invest in 20đôi mươi.

There will always be some degree of risk present when trading cryptocurrency. However, these currencies are becoming more secure & are also becoming accepted at more places... the crypto lớn industry is clearly moving in a positive direction. Don"t forget khổng lồ check out our article on the Best Crypto Trading Signals.

Thank you for reading!

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