Investing in Cryptocurrency: Top Cryptocurrency Investments for Making a Profit in the Long Run

Even though the cryptocurrency market went on a major slide back in 2018, while losing a great part of the total market value in the course of only a single month back in November, when average losses per cryptocurrency went from -50% to -60% during this period.

In oppose to the year of 2018, 2017 is considered as a year when the crypto market finally showed a great potential with booming prices and prominent partnerships between different sectors and industries and crypto and blockchain startups.

Still, institutional investors are cautious and regulations are still waiting to be completely defined to suit the idea of utilizing cryptocurrency as mainstream assets, which is why there might be a dose of uncertainty regarding investing in crypto.

Despite negative factors, potential that some cryptos are showing may be a brief insight into the profitability of cryptocurrency assets in the long run.

Top Cryptocurrency Investments for 2019: In Which Crypto to Invest in 2019?

IOTA (MIOTA) might have lost its well-guarded spot on the list of top ten cryptocurrencies by market capitalization, but MIOTA is one of assets in the market of digital currencies that carries a lot of potential thanks to the involvement with the rising sector of Artificial Intelligence and the Internet of Things, alongside working with Volkswagen, Bosch, BMW and other big names from automotive industry and tech sector.

Bitcoin (BTC) is still the top cryptocurrency with a market cap of 70,8 billion dollars, having recovered over 6 billion dollars since the beginning of 2019, which indicates that BTC is on the slow but steady rise in 2019 with going above the value of 4,000$ before the beginning of Q2.

EOS (EOS) is still the most used platform for Dapps, holding the first place in the number of users working on different types of decentralized applications, which is how this asset may become a valuable addition to your portfolio.

Last, but not the least, Ethereum (ETH) teams are working on advanced version of their platform that should switch from Proof of Work to a more energy efficient Proof of Stake, allowing easy scaling and up to 1 million transactions, which should ultimately raise the price of ETH in the market.


Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.