Cryptocurrencies are still in emerging phase and there is lots of left to happen for digital currencies in 2018. There will be many up and downs in prices due to volatile nature of cryptocurrencies. You may see straight hike or dip in price of many cryptocurrencies in coming days.
Here are things and coins, which you need to consider before Choosing a Good cryptocurrency to Invest In.
Market Capitalization: market capitalization is the first thing, every investor, looks in a virtual currency.
Maximum Supply: Major cases; certain cryptocurrencies from the very starting, cannot be mined but according to
their market capitalization value; they might be holding top spots amongst all cryptocurrencies.Cryptocurrencies with a native exchange: it is still good and wise to check whether the token is traded on an exchange
majorly controlled by developers or not. If yes, then the respective virtual currency may not be worth investment as
token price can be manipulated which is clearly conflict with very definition of cryptocurrencies.
Now Here are the best altcoins to invest in 2018Ripple: Transaction cost is minimal and also transaction time is less. American Express’s, MoneyGram and other big
names adoption of Ripple has enabled its users to make instant blockchain based payments.NEM: it can be scaled and adapted to almost any kind of application and its use is not only limited to few sectors like
banking and financial institutions.IOTA: it is not based on blockchain technology, unlike other cryptocurrencies still is price increasing and is trading
between $1.5 - $4.Monero: Anonymity is best feature of Monero. The price of Monero has went up to over $200 in a very less time period,
which was due to the high level of anonymity it offers.Other than those few other cyptocurrencies which can be considered as best investment options for 2018
Steem
Cardano
Siacoin
NEO
Stellar
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