Investing money in cryptocurrency is connected with high risks and speculations, especially when it comes to the most popular coin – Bitcoin. There are no specific principles that regulates ups and downs of the unregulated market.
Digital currencies are safe, anonymous and decentralized, and this is why more and more people become interested in them. Their value grows proportionally to popularity and nobody can predict the situation for sure.
However, there are some perspective assets besides Bitcoin and we will talk about them in this article. Which currencies should you track in 2019? We did a research and now we are going to present a list of three most promising options.
Siacoin is in the top 40 list of the most popular cryptos. Currently, there are more than 25 billion of Siacoin in circulation and it is expected to hit the market cap of more than 40 billion.
Siacoin’s price grows because it offers a real product – a decentralized storage safe from hackers which is far more efficient than traditional cloud services. Unlike other popular storages, Siacoin’s services are cheap and therefore it has great perspectives.
To buy storage, you need to have 2000 Siacoins. However, the amount of coins and storage is limited and therefore we predict that the price will become higher. Siacoin’s main competitors are Storj and MaidSafe and we are wondering, which one is going to become the number one.
For example, using this platform, developers may build their business solutions for management on the basis of Ethereum’s blockchain instead of creating one from the ground up. Therefore, new projects can be launched easier and faster.
We recommend you to add Ethereum in your investment plans, because it is one of the most perspective currencies in 2019. Experts claim that its market cap will rise to $200 billion by the end of the year. The predictions are based on the ICOs that decide to use Ethereum’s blockchain.
Platform owners plan to improve their technologies soon and add new protocols, so keep an eye on Ethereum!
In 2017, Ripple was one of the most popular currencies with growth of 36 000%. This is a hilarious result for a digital coin. You must be thinking that you have already missed the best moment to invest in Ripple last year. That’s true, however, Ripple is still an interesting option to consider as an investment.
Despite the fact that its price is significantly lower than Bitcoin’s, Ripple still can boast of a huge market cap – $35 billion. The main reason for its popularity is that it is more than a digital coin, but an entire payment system. With the help of this service, you can make international transactions safe and fast.
With a traditional bank transfer, you need to wait for 2-10 days for a transaction. Instead, with Ripple you will wait for just a couple of seconds.
There is more. Today, large financial institutions like JP Morgan and American Express are using Ripple’s technology for their business. Moreover, the platform also works with a lot of banks around the world, including Chinese and Saudi Arabian. These contracts make the coin grow in price and we are looking forward to see more of them.
Therefore, Ripple’s perspectives in the financial industry are bright and appealing.
We believe that Ripple, Sia and Ethereum are the best cryptos to invest in 2019. All of them offer different services and functions, so choose the one that suits you best and good luck!