Menu

Popular crypto currency for investment

By reading this article you agree to our Disclaimer
05.08.2019
Popular crypto currency for investment

Buying cryptocurrency is one of the high-yield strategies. Digital assets have surpassed all the investment products in terms of investment efficiency. Despite the fact that Bitcoin appeared 10 years ago, most people learned about the currency of the new generation in 2017.

The previous year delivered hard times for traders and investors who did not assess the situation in the market correctly. Some connected collapse of price with introduction of the new protocol Bitcoin Cash, while the others accused Bitfinex exchange. Some people blamed the hack attack on the mining giant Bitmain for unfavorable changes in the market. Whatever it was, any negative news affects the price decline or rise.

To get a huge profit and not to lose savings, the one should compose the investment portfolio in competent way. Do not forget that the return is directly proportional to the risk. The higher the profit, the more likely to throw good money after bad.

The following should be taken into account when you compile your investment portfolio

  • capitalization;

  • liquidity;

  • exchange rate stability;

  • volatility;

  • prospects for growth and decline.

Diversification of risks and Pareto's law will help you not only stay afloat, but also get profit. To avoid too big losses, 80 % of the capital should be invested in stable currencies, and 20% in promising and profitable ones. Unfortunately, the crypto industry is so unpredictable that it is impossible to forecast the final result. If you can't estimate volatility, you should rely on liquidity. The chosen cryptocurrency should be easy to buy and sell.

Capitalization and prospects are two indicators that can be used to create an investment portfolio.

TOP 10 promising cryptocurrencies in 2019

The rating of cryptocurrencies that are expected to rise in price includes the following options:

  1. Ripple.

  2. NEM.

  3. IOTA.

  4. Stratis.

  5. OmiseGo.

  6. EOS.

  7. Verge.

  8. Ardor.

  9. Waves.

  10. NEO.

Use the calculator and converter at foundico.com/converter/ to learn the current value and profitability of selling and exchanging the coins for fiat money or electronic assets.

Important! Popular coins like Bitcoin and Ethereum will not bring as much profit as little-known tokens. Expenses on investing in the crypto industry titans may sometimes worsen your solvency, while new coins can multiply the invested capital by N-number of times.

TOP 10 most expensive cryptocurrencies

The rating is based on market capitalization. The calculation takes into account the total number of coins and their average cost.

The TOP 10 includes the following digital coins:

No.

Name

Code

Capitalization ($)

1

Bitcoin

BTC

177,767 billion

2

Ethereum

ETH

22,861 billion

3

XRP

XRP

13,420 billion

4

Litecoin

LTC

6, 077 billion

5

Bitcoin Cash

BCH

5,764 billion

6

Binance Coin

BNB

4,356 billion

7

Tether

USDT

4.03 billion

8

EOS

EOS

3,953 billion

9

Bitcoin SV

BSV

2,555 billion

10

Stellar

XLM

1,622 billion

Please pay your attention! The average capitalization rate for the current month is specified.

When making an investment portfolio, select several cryptocurrencies from the list of promising and expensive coins. Thus, the stake on the first ones will bring profit, while investment in the second ones will cover the risks.

COMMENTS

By using this site you agree to the Privacy Policy.