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Wondering How to Invest in Cryptocurrency? Find the Best Cryptocurrency to Invest 2019

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Cryptocurrencies have performed debatably in 2018, yet are continuing to attract new investors in 2019.

However, most beginners have difficulties finding the next cryptocurrency to invest in 2019. We’ve all been there, so don’t worry! I understand how confusing it is when you first begin looking for new cryptocurrency investments. And that’s why I’m here to help.

So, are you also looking for the next cryptocurrencies to invest in 2019? Do you find yourself wondering “Should I be investing in Bitcoin?” or “Should I be in investing in Ethereum?”

Well, wonder no longer! I’m here to answer all your questions. By the end of this guide, you’ll know how to find cryptocurrencies to invest in 2019.

But first, let’s talk you through the recent growth of cryptocurrencies.

Cryptocurrency Market So Far

The first cryptocurrency, Bitcoin, was invented back in 2009. That was just the beginning though, and nobody really knew about Bitcoin until 2013. However, since 2013 the cryptocurrency market has seen huge growth — growth that has been hard to ignore. There are now more than 1500 different cryptocurrencies, all created in less than 5 years.

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It’s clear that 2017 was the year crypto really blew up. The market cap of cryptocurrencies grew by 4000%! The market cap of all cryptocurrencies was around $21 billion in March 2017, whereas it is now over $454 billion. That’s huge!

Market cap: The total price of all coins added together.

The cryptocurrency market isn’t just about Bitcoin anymore. There are other cryptocurrencies that have entered the space, such as Ethereum, Litecoin, and Ripple. All of these have performed incredibly well over the last year.

The following chart from CoinMarketCap shows the growth of cryptocurrencies over the years.

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There are a lot of things being said about the future of cryptocurrencies. Some people believe that the cryptocurrency phase won’t last long, while others think they’re going to be around forever.

It is difficult to predict the future of cryptocurrencies, but what I do know is that the popularity of cryptocurrencies is only increasing. One of the reasons why cryptocurrencies are becoming more popular is because of blockchain technology, which is the main technology behind all cryptocurrencies.

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Blockchain technology is the next big thing – it is secure, trustless technology that was first used by Bitcoin. You can’t learn how to invest in blockchain, though. Instead, you can learn how to invest in the cryptocurrencies that use blockchain (which is all of them!)

Are you ready to find out about the next cryptocurrency to invest in 2019? Well, let’s get started.

So, what are the Best Cryptocurrencies to Invest 2019

Best Cryptocurrency to Invest 2019: Bitcoin (BTC)

If somehow, you’ve only heard of one cryptocurrency, it’s probably Bitcoin. It is the biggest cryptocurrency — it currently has a 40%i share in the total cryptocurrency market cap! It is the oldest cryptocurrency and it still dominates in the market. So, if Bitcoin continues to increase as it did in 2017, then investing in Bitcoin might be a good idea for 2019.

The price of Bitcoin changes a lot every day and has seen many highs and lows over the last few years. Take a look at the following chart and you will see just how much the price changes.

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The price of 1 Bitcoin has gone from around $76 (07.09.13) to as high as $20,000 in December 2017. But then after Bitcoin reached its highest point in December, the price of Bitcoin dropped to around $6000 in February 2018, and has been dropping even further ever since. It’s crazy!

With the price changing so much in such a short space of time, how do you decide what the best time is for investing in Bitcoin?

Well, we can try to find the answers by looking at some important past events — when the price went up or down by a large amount.

  • One major event was when Bitcoin split into two cryptocurrencies — Bitcoin and Bitcoin Cash. This happened August 1st Investors who knew about this invested their money before the split and made huge profits, almost doubling their investment!
  • The price of Bitcoin dropped to around $10,000 in January 2018, almost half of the $20,000 it was worth in December 2017. Many investors became worried at this point and started selling their Bitcoin. This caused the price to fall to around $6,000 in February 2018.
Bitcoin Investing

If you want to invest in Bitcoin then you need to stay up to date with the latest news and trends around Bitcoin. When news is released about a new technical improvement, you might want to think about buying Bitcoin. If there is a huge fall in price of Bitcoin, then that too might be a good time to buy Bitcoin because you can buy it a low price.

If you have already decided to invest in cryptocurrencies, then it might be a good idea to start by investing in Bitcoin. Even though you have missed the first major opportunity to invest, investing in Bitcoin could still be a good idea.

It all depends on whether you believe in the future of Bitcoin. If you believe in it, you should think about investing in it. If you don’t, then I recommend that you stay away from it. It’s the same with any investment!

Best Cryptocurrency to Invest 2019: Ethereum (ETH)

Towards the end of last year, the price of Ethereum was slightly higher than $720, with a total market cap of around $70 billion. At the beginning of 2018, Ethereum climbed and reached its highest price of $1423 on January 4. At this time, the total market cap for Ethereum was at $138 billion!

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Ethereum grew by about 3000% in the year 2017 and became the second largest cryptocurrency, placing second behind Bitcoin.

Are you asking yourself, “Should I invest in Ethereum?” or “Is the price of Ethereum already at its peak?”. Well, the truth is, nobody knows! However, the following information should help you decide whether investing in Ethereum is a good option for you.

The chart below shows how Ethereum has grown over the last few years.

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Below are the key events that have most affected the price of Ethereum in the past:

  • Ethereum received an investment of around $150 million in May 2016. As a result, its price went up from $1 in January 2016 to around $14.80 in May 2016.
  • However, On June 18th, 2016, members of the Ethereum community found out that Ethereum had been hacked. Around $60 million worth of Ether (Ethereum’s currency) was stolen due to a flaw in a wallet. This caused the Ethereum price to drop from the high of $21.52 on 17th June 2016, to $9.96 on the 18th June 2016.
Unlike Bitcoin, Ethereum is not just a digital currency. It is a more advanced blockchain project. This is because Ethereum offers something special — by using Ethereum’s platform, developers can build their own cryptocurrencies.

Imagine that you would like to build a blockchain-based solution for managing the supply chain of your business. Well, thanks to Ethereum, you don’t need to start from the beginning. Instead, you can just build an application on Ethereum’s blockchain. Ethereum makes it much easier for new blockchain projects to launch.

So, is Ethereum your next cryptocurrency to invest in 2019?

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I recommend that you think about adding Ethereum to your list, as I think it could be one of the best cryptocurrency to invest 2019.

Julian Hosp, a blockchain expert, said that the market cap of Ethereum could rise to $200 billion by the end of 2019. If Hosp’s prediction is correct, the price of Ethereum will reach up to $2000. Hosp’s reason behind the prediction is based mostly on the ICOs (Initial Coin Offerings) that decided to use the Ethereum blockchain in 2018 & 2019.

Ethereum also plans to improve their technology a lot this year, with new protocols almost ready to go. So, watch out for Ethereum!

To learn more about Ethereum, read our Ethereum vs Bitcoin guide.

Best Cryptocurrency to Invest 2019: Ripple (XRP)

Ripple, also known as XRP, was one of the best performing cryptocurrencies in 2017 with growth of around 36,000%! Yes, you read that right. It grew from almost $0 at the beginning of 2017 and reached $2.4 in December 2017 — as you can see in the following chart.

Like all other cryptocurrencies, the price of Ripple has also decreased in 2018 — it is currently set at $0.36.

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I know what you’re thinking — you missed a great opportunity by not investing Ripple in early 2017. While that’s true, Ripple could still be a good option to consider as your next cryptocurrency to invest in 2019.

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Even though the price of one XRP is a lot lower than the price of one Bitcoin, XRP is still the third largest cryptocurrency by market cap. In May 2018, it had a total market cap of around $35 billion.

So, what is it about Ripple that has made it so popular for investors?

The main reason for Ripple’s popularity is that it is not just a digital currency, but also a payment system. Ripple uses blockchain technology to make international payments securer and faster.

If you tried to make an international bank payment today, it would take around 2-10 days for the transaction to process. The same payment, when done using Ripple, takes a few seconds. How awesome is that!

But there’s more good news – many large financial institutions like American Express, JP Morgan and Santander are already using Ripple’s technology. Also, Ripple has been working with the Saudi Arabia Central Bank, China’s LianLian International and other banks from around the world.

So, if you’re wondering how to invest in blockchain, then Ripple might be the best answer.

Based on what I just explained, Ripple’s future in financial industry could be a good one. You should watch out for Ripple and learn more about their partnerships. Look out for new partnerships too — if Ripple signs a contract with another large bank, then it could increase the price of XRP.

The investors, who understood the services that are offered by Ripple, have made a lot of money.  After a fantastic 2017, Ripple could just be the best cryptocurrency to invest 2019.

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Note: Now might be a good time to invest in Ripple, as its price has dropped 70% lower than it’s all-time high of $3.4 in January 2017.

Best Cryptocurrency to Invest 2019: Litecoin (LTC)

Our list of what is the best cryptocurrency to invest 2019 cannot be complete without Litecoin. Just like Ripple, Litecoin showed great performance in 2017 with a growth of almost 8000%.

The price of Litecoin grew from around $4 at the beginning of 2017 to a high of $358 in December 2017. However, just like most cryptocurrencies, Litecoin also followed the price trend and dropped to $110 on February 2018.

Take a look at Litecoin’s price chart below — you can see the quick rise in the price of Litecoin at the beginning of 2018. The price of both Litecoin and Bitcoin have followed a similar trend over the last year.

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Litecoin is the 5th largest cryptocurrency with a market cap of around $11 billion. Litecoin continues to interest investors because of its close connection to Bitcoin. Providing a good reason for Litecoin to be on our list for the next cryptocurrency to invest in 2019.

Litecoin was created in 2011 to improve upon Bitcoin’s technology. Litecoin completes a transaction 4 times faster than Bitcoin. However, unlike Bitcoin, the maximum number of Litecoin is capped at 84 million — 4 times more than the coin supply of Bitcoin (21 million).

Litecoin was the first cryptocurrency to perform a Lightning Network transaction in May 2017. Using the Lightning Network, 0.00000001 Litecoin was transferred from Zurich to San Francisco in under one second! Once Litecoin starts using the Lightning Network, it could increase the price of the Litecoin!

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Lightning Network: A new technology which increases the speed of transactions on the blockchain network.

Investment Strategies: Let’s Make Something Clear

How do investors make decisions they want to invest in real estate or stocks? Do they start making investments the moment they think about it? My guess is that the answer to that question is – no!

Before you invest in anything, you need a clear understanding of what your investment goals are and how you will achieve them. You want a good idea of how long you are prepared to keep your investment open, and what amount of profit you are happy to take.

You should have the same mindset with cryptocurrency investments. Before you decide what the next cryptocurrency to invest in 2019 is for you, let’s discuss the two main types of investment strategies for cryptocurrencies.

Long-term Cryptocurrency Investment

A long-term investment is one where you expect a cryptocurrency to perform better over a longer period of time. Simple! Normally, the minimum time for long-term investment is 6 months to 1 year. Although, some people plan to hold onto their investments for 5-10+ years. It’s up to you how you choose to invest; you can either make your full investment in one go, or you can invest at different times.

 

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Long-term Investment Strategy

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Once again, before investing any amount, you must have a clear idea of what your investment goals are:

  • Will you sell the cryptocurrency after a certain amount of time or will you sell it when it reaches a certain price?
  • Will you sell off your investment at once or will you sell parts of it at different times?
  • On what occasion would you sell the long-term investment in the short term? For example, if new laws come into place that could affect the long-term price of your investment, you might consider selling it sooner.
Next, you should do some research to decide which cryptocurrencies are best as long-term investments. I recommend that you check for the following:

  • Is their technology better than their competitors?
  • Do they have a strong team of founders and developers?
  • How good is their roadmap/plan?
  • Are they solving any real-world problems?
If you really believe in the cryptocurrency you invest in, you should learn to hold on to your investment even when the prices drop. If you ‘panic sell’, then you could lose money and regret selling.

Reasons For Making Long-Term Investments

  • Long-term investing makes your life easier as you don’t need to watch the market all the time
  • You believe that some cryptocurrencies will give a better return in the long-term
  • You truly believe in the future of the cryptocurrency

Short-Term Cryptocurrency Investment

Short-term investments are made over shorter time periods in the hope of making quick profits. So, just how short is a short-term investment?

Short-term investments can take seconds, minutes, days or even a few months.

How Do Short-Term Investments Work?

Just like long-term investing, you need to have clear goals for your investment. You need to be asking yourself:

  • What profit are you expecting to make from this investment? This will give you an idea of the price at which you should buy/sell the cryptocurrency.
  • How much of a loss will you accept? This will help you control your losses if the price of cryptocurrency suddenly drops.
  • Do you have time to study and follow the crypto market and the news?
  • Can you make technical analyses of the crypto market? If not, then you should learn before investing.
  • Will your short-term strategy give you higher returns than a long-term strategy?
You need to find out which is the best cryptocurrency to invest 2019 for short-term. Cryptocurrencies that have the following are good options for short-term investments:

  • Low market cap
  • High trading volume — lots of people are buying and selling it every minute
  • Are currently trending on the news and on social media
  • Have an ICO or have just finished their ICO — try to get them at a low price
While cryptocurrencies like Bitcoin and Ethereum can also be traded in the short-term, you should think about investing in the newer cryptocurrencies. Investors have made huge profits in past with short-term investments – including some of the major, but newest cryptocurrency investments like NEO, Stellar, IOTA and NEM.

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The main advantage to short-term investments is that you can make a lot of money in a short amount of time — they have made a lot of people rich quickly. However, they still have their disadvantages.

So, what are they?

  • They take up a lot of time and effort as you need to watch the market prices constantly
  • It is a riskier investment and can result in greater losses because of how much the price changes in a short time
  • It can be very stressful and emotional
It’s difficult to say which is the better option of the two investment strategies. It all depends on your goals and experience in the cryptocurrency market.

If you really believe in a project, then I recommend that you invest for the long term. However, if a project is new and is generating a lot of attention, then short-term trading could be the better option.

Final Words

While cryptocurrencies can give you huge profits, you must be prepared for one more thing — to lose money. Remember, your predictions won’t always be right! Nobody truly knows what is going to happen to the price of a cryptocurrency, or any other investment.

Do you know what most of the expert cryptocurrency investors say? You should only invest money that you are not afraid to lose. It’s great advice, so always remember it!

So, this is the end of our Best Cryptocurrency to Invest 2019 guide. I hope that you now know which investment strategy will work best for you, and that you have a good understanding of what makes a good investment.

Which of the cryptocurrencies I mentioned is your favorite? Do you have a pick for the best cryptocurrency to invest 2019?

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*Note: this article is a personal opinion. Before making any investment decisions you should consult with a professional.

24 Comments

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  • Thanks for putting up this great list of cryptocurrencies. EOS and wanchain from a personal perspective are cryptocurencies to invest in right now

  • It has been great for me to read such great information about. I bookmarked this post for future reading and must share with my fellow. Thanks for a bunch for sharing.

  • nice article but the best cryptos in my eyes are not these mentioned . the best technical advance has zilliqa and this is my personal longterminvestment. when you see the pricechart you can also expect a lot from this crypto. and for shorttermtrading you did not mention any crypto. at the moment moeda loyalty points is a good shorttermcrypto. and there are some nez listed cryptos on binance which are great for shorttermtrading.

  • Wow, these are NOT going to moon. The coins that are low and worth investing in NOW are: XLM (stellar lumens) which is currently at 23 cents, is going to be 50 cents by December, and is easily going to be over 4 dollars by 2020.

    Another coin to invest in would be Electroneum, but only if it falls below $0.01 again. Right now, it’s too high, but keep an eye on it.

    The only coin on this list I agree with is XRP, as it has potential, but is more of a gamble than a sure thing.

  • Hi, I must say that it is a very valuable blog.. kudos to you. I have always been keen into knowing more about cryptocurrencies. I have written blog on the same topic as well.
    Hope it helpful. Have a great day!

  • Great! Your article has given answers for many of my doubts. Hope this article would be very useful for all the crypto investors. Keep up the good work!

  • GREAT BUT YOU DIDINT TALK ABOUT THOSE SCAMMER INVESTMENT ONLINE THEY START WITH BCT OF $ 10 AND RUN WITH MONEY OF MANY PEOPLE WHO IS NEW ON CRYPTO….

  • Sounds great. There is no doubt about it, market that dips and crashes like this are difficult to deal with. No matter what happens with this market, this is the best time to invest in cryptocurrencies because these coins you see going down now will go crazy higher in no time. The prices of these cryptocoins are volatile, it goes up and down all the time. They act like it’s falling apart. The market is still much higher than it was some years ago. If you ever thought about cryptocurrency as an investment, then you’re on your way to greatness. I urge you to listen to what I have to say. Because if you make the right pick you could find your self jumping for joy on top of an enormous pile of cash. Ready or not , a growing number of economies, banks, billionaires are backing this new forms of tender. And once you understand how easy it is to make profit from cryptocurrencies it’s easy to see why the cryptocurrency market is preparing to take off. Anything you’ve seen up to this point is going to be shadowed by the amount of money that is about to come pouring . And for investors who get in before the end of the year , they are going to make it big and earn an unbelievable amount of profit as far as you make the right pick of coin to invest or apply a currency prediction software to help know and select the right coins with value and potential to rise in no time to invest in as digital currencies are going to be once-in a life time opportunity. The only caveat is that you must act quickly and smart then invest with a good and trusted platform to help make the right pick or choice of coins with value and to invest in. Investors who wait idly on the sidelines until the media tells them to ‘buy now’ are going to lose out on millions and potentially billions of dollars . And if you wait for the media to tell you when cryptocurrencies are safe you’ll be losing out a great deal. I am not talking about buying bitcoin alone. I am not here to double or triple my money when I can potentially create 10times, 100times or even 1000times my money investing in ethereum and other new coins which have potentials. In just few months I’ve made nothing less than $100,000 investing in ethereum and other coins . My rules for buying cryptocurrencies if I want to keep my 98% win rate are thus; The asset must have intrinsic value, The asset must be new, but not too new. The digital currency boom that’s happening right now is a once-in-a-life time opportunity. You may never have the chance to make this kind of money this easily, ever again. There are lots of tiny digital currencies that can generate higher gains more than bitcoin and the rest which people can invest in and cash out big.

      • I had a small amont of ETH, that was nothing to worry about, so I tried out autocryptotrader in september 2018. For now it is going OK, having in mind the overall state of the market. I am sure that we will see improvements in the market in the second half of 2019…

  • I’m a new crypto investor and welcome the advice you have supplied. The other downside I can see is that there appears to be quite a number of scammers ready to separate people fro their hard earned cash. How does someone like myself who is new to this type of investment avoid the scammers and which companies are reputable ?

  • Thanks for sharing useful Information. This blog Very helpful for those who want to invest money in cryptocurrency. Keep sharing!