Top 5 crypto investments to HODL

in crypto •  5 years ago 

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Ethereum
No doubt Ethereum will still be one altcoin to beat in 2019. ETH has become the new standard to beat in low fees and fast transactions. There are also so many ERC20 tokens based on the Ethereum network at the moment that it will thrive for the foreseeable. ETH is something any crypto investor should think about having in 2019.

Privacy Coins
Privacy coins are popular in the cryptocurrency world for practical and political reasons. Practically, many people like the idea of being able to transact privately without being surveilled by the state or private corporations. Politically, many cryptocurrency enthusiasts oppose the intrusion of the state into our personal lives and support projects that undermine that power or make it more difficult to apply.

If you are interested in looking more into privacy coins, I recommend XMR or PIVX. Both of these are strong projects that have existed for a while. For something newer, you could also look into XSPEC as it will be on another level than the others if it can pull off what it proposes.

Social Media Integration and Monetization
One area where there is immediate potential for blockchain adoption are projects that are trying to bridge existing technology with blockchain. One area where there is a lot of development in this regard is social media integration and monetization. The best projects to look into in this regard I think are TRX, which recently acquired BitTorrent and KIN.

Investing in New Chains
While Ethereum and Bitcoin are the most famous blockchains, there are a number of newer competitors. Some of these are vying to be faster and more efficient than BTC and ETH. Others are tailoring their chains to specific use cases, such as highly regulated markets. If you are interested in investing in new chains, look more into ITC (also known as “China’s IOTA”), IOTA, EOS and ADA.

Coins Trying to Replace Fiat
The first use case for blockchain technology was executing decentralized financial transactions through the use of cryptocurrencies. Bitcoin was the first cryptocurrency designed for this purpose but since it’s inception several other coins have been developed that are also hoping to replace traditional state-based “fiat” currency. If you are interested in this use case for blockchain, consider looking into XRP, which is also trying to replace fiat.

Trading Algorithms
As the popularity of cryptocurrency trading grows more people are looking to maximize their profits through increasingly sophisticated trading strategies. Given the incredible volatility of cryptocurrency prices right now, many day traders make profits use trading algorithms programmed to track markets trends and make trades under pre-set circumstances. If you are interested in trading algorithms and aid in trading, you can look more into COV (or COVX depending on the exchange and CND.

Utility Tokens
If you are interested in the various kind of applications that are being built on top of blockchain technology, you might want to consider researching utility coins. Utility tokens are used within specific applications, typically to access to a company’s product or service. If utility tokens are interesting to you I recommend looking into THETA and TEL as they both have good potential for the future.

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