Prepare your New Investment’s Portfolio!
One of the most popular concerns we have for this New Year is determining which will be the best cryptocurrencies to invest in 2018. We can perceive how many countries, enterprises and individuals have created their own cryptocurrencies. Therefore, it has become more difficult to choose the most profitable ones!
With more than 1300 varieties in the market, cryptocurrencies overcame all the expectations in 2017. Some of the emergent cryptocurrencies have become very important, reaching unexpected earnings. In this manner, finding the next hiding treasure will be a very important tool to discover the best cryptocurrencies to invest in 2018.
In this manner, we will share with you some of the cryptocurrencies and other projects that may have a great performance this year.
1. ICO’s as a great decision to invest in 2018:
Some of the biggest cryptocurrencies in the market started with an ICO (Initial Currency Offer), which is a tool that manages future cryptocurrencies through the ones that already have a value. It’s a form of collective financing that has driven several projects.
These entrepreneurs obtain existing cryptocurrencies (Bitcoin, Ethereum, etc.) to develop their projects. They make an initial public sale, where buyers acquire new “tokens” that will be introduced in the market as new cryptocurrencies after a while. The first investors have the possibility to perceive a higher profit if the project succeed and the value of the new cryptocurrency has an important increment.
Some of the cryptocurrencies that started as ICOs projects and nowadays provide enormous incomes can give you an idea to invest in 2018:
However, these projects are also risky. If one of them don’t succeed and can’t be developed, it could just disappear and then you would lose your investment. In this manner, you need to make a deeper research of each proposal, including those who support it, the development strategy and the technical reports to find out the best ICO’s to invest in 2018.
TRON has positioned between the first 10 cryptocurrencies in the market with only 4 months operating. We can affirm that it has become one of the most profitable cryptocurrencies in the short run. This is a great and fresh option to invest in 2018.
TRON pretends to create a decentralized ecosystem for the exchange of contents in the entertainment industry. This project is based in the emission of tokens (TRX) to support a store of P2P applications. The first application compatible with TRON is Peiwo App, which nowadays counts with more than 10 millions of users.
We can’t stop mentioning the first cryptocurrency in the market as a great option to invest in 2018. So far, It’s still the most demanded cryptocurrency. Beside its difficulties and its fall in September of 2017, millions of peoples and enterprises have their investments and future projects on Bitcoins. We can affirm it still has a long way to go.
We are talking about a very ambitious project that can succeed to become an excellent choice to invest in 2018. This project tries to involve the world of cryptocurrencies in the internet of things (IOT). This innovative concept avoids the idea of Blockchain and present “Tangle. Their creators say this technology is lighter and quicker than the one used by Bitcoin.
This could be a risky investment opportunity with a great potential due to its lower price. However, its growth has been very fast and it can means only the beginning of its success. The thing is that, investing in currencies with less capitalization increases the probability to obtain bigger benefits once they reach a higher value.
If you consider Reddcoin (RDD) as a cryptocurrency to invest in 2018, know that it’s has the title of “social currency”. This is because is exclusively destined for its use in social networks. An alternative way to exchange money between those people with whom we are connected in the most important social network platforms.
6. LIBRY Credits:
This cryptocurrency is getting ready to compete with platforms like Youtube. However, the difference is that LIBRY is supported with an open code system, where users are owners of data. In this manner, they build and constitute the network. Its purpose is about sharing digital assets in an open, fair and efficient way.
Many investors describe LIBRY as a functional product, with a low market capitalization, which involves a good growth potential.
This cryptocurrency has quicker transactions than Bitcoin and its technology can be used as a protocol. This feature allows Ripple to be one of the few cryptocurrencies that can work jointly with the bank, being a great decision to invest in 2018.
It’s definitely gaining high potential, showing the world the multiple uses of cryptocurrencies. Its revolutionary technology uses intelligent contracts for development’s environments, in a manner that it has become a programming language for this field. Ethereum has facilitated the development of new cryptocurrencies, opening thousands of possibilities.
9. BAT (Basic Attention Token):
It’s also based in the Ethereum Blockchain’s Technology and it will be a digital currency to exchange between users, editors and advertisers who can use BAT to obtain advertising products and services in the attention, to promote their brands on the internet.
As we always recommend you, don’t expect anyone to tell you that there is a single cryptocurrency to invest and succeed. You need to diversify your investment’s portfolio, so consider studying the possibilities we have presented you and keep those that you consider more solid and adapted to your needs and projects to invest in 2018!