The list of the hottest cryptos to invest in 2019 should be tailored to every person’s needs. However, there are certain general characteristics which put a certain cryptocurrency above the rest. If we take a look at the not-so-known cryptos out there, we will find several that deserve our attention. In this post, we will reflect just a few of them and recall the well-known reliable cryptos.
Dash (DASH)
DASH is mainly talked about in terms of investing. Surprisingly, this cryptocurrency and its market capitalization have surpassed $2 billion. All this happened very quickly, having in mind that DASH was created in 2015.
Many people claim that its ability to provide safety and security puts it among the top cryptos in the market. Nowadays, DASH reaches approximately $100 million worth of transactions daily. The price of DASH is $158.67 at the moment of writing this text.
Binance Coin (BNB)
Everyone heard about Binance Exchange which positioned itself as one of the leading crypto exchanges today. However, we would like to draw your attention to Binance Coin. BNB is reliable. Actually, it is among the thirty top cryptocurrencies in the market. Its market capitalization is approaching $5 billion. The price of BNB at the moment of writing this text is $32.54.
BNB is very liquid. The circulating supply is BNB 141,175,490. The past records show that it tends to be quite stable. Additionally, the market has shown records of steady increase in unsteady times.
Bitcoin (BTC)
This is the most commented on and well-known cryptocurrency. It was primarily created with a vision to be a global, decentralized currency. Digital cash, if you wish. Regardless of the fact BTC has experienced some ups and downs, the analysts still consider it to be one of the most reliable cryptos to both invest in and trade with. It is highly liquid. There are 17.8 million units in the market. The number of users interested in BTC is constantly high, so trading should not be a problem. The price of a BTC at the moment of writing this text is $11,749.10. The price has a volatile history. However, the estimate is that in order to manipulate the price of a bitcoin, a person or a company would need to have extremely large resources at hand. Therefore, the chances are that fluctuations of BTC are solely related to the volume of the demand. Once the demand increases, the price goes up. Additionally, the supply is limited to 21 million coins.
Lastly, BTC has low inflation rates. As BTC is mined, there are block rewards in BTC that go to miners. Since every 210,000 blocks the reward halves, it means that in time inflation decreases.
Litecoin (LTC)
Litecoin is, many believe, one of the best cryptos ever designed. One of the reasons is because it is super-fast. It uses Bitcoin’s source code and has faster confirmation times than other cryptos. If we compare it to Bitcoin, we will see that LTC’s blockchain can handle higher transaction volumes, due to more frequent block generation.
The predictions are that Litecoin network will produce 84 million Litecoins, which is a lot more than BTC units planned.
It is accessible globally, working as an open source on a decentralized peer-to-peer network.
The market cap is approximately $771.0 billion. The price of a Litecoin at the moment of writing of this text is $118.84.
Whatever your choice may be, the smartest advice we heard of is to keep investing in more than one cryptocurrency. The other smart advice would be to choose cryptos which are easy to store and secure at the same time, and to not be afraid to go for the more expensive ones.
Let us know about your experience with cryptos.
