bitcoin, ethereum, monero, steem which is better investment?

in #bitcoin6 years ago


Nowadays, people ask themselves a common question: what is the best cryptocurrency to invest? We are experiencing a massive boom in this market. Even some years ago cryptocurrencies were mainly for people with knowledge of technology.

Back then, the only people who invested were people who loved cryptocurrencies. There were also a few hundred cryptocurrencies, unlike today.

But now the demographic market has changed a lot. Instead of amateurs, serious investors are flooding the market with big ones. In addition, the number of cryptocurrencies has also increased. Instead of a few hundred, the number has increased to around 1650.

Invest in cryptocurrencies
Like stocks, real estate and gold, the decision to invest or not in cryptocurrencies is a well-calculated decision that can not be coerced, induced or rushed. It is important that you come to a conclusion yourself. You are solely responsible for the losses incurred.

Does this mean that you do not need help to identify the best cryptocurrency to invest? Absolutely not! In fact, this is where you should trust others most. Before investing, you must understand your investment objectives, delineate them and then start working to achieve it.

You will have to answer questions like, "How soon do I want to enjoy the gains?" "How much money do I have to invest?", Etc. The answers to these questions are what will give you courage and will push you forward when things get tough.

The current state of the cryptocurrency markets
It all started with Bitcoin in 2009. Litecoin and Ethereum quickly joined and compete fiercely with Bitcoin for a part of the market population. In approximately nine years, several cryptocurrencies have appeared, but none have enjoyed the wave that Bitcoin enjoyed in 2017. The price increased by almost 4,000 percent, bringing its market capitalization to around 450 billion dollars.

There were also about 3,000 new cryptocurrencies on the market, and each of them claims that they are the best after Bitcoin. Unfortunately, many of these coins are extinguished before they are even released. In fact, 92 percent of the Blockchain projects that were launched since 2015 have failed. This makes it important to carefully consider what cryptocurrency to invest in before putting your money into it.

Bitcoin was a pioneer in the cryptocurrency market.
From always to today it has been the cryptocurrency with the highest market capitalization, remaining in the first (1) ranking position all these years. Today it is located in markets with more than 62 million stock market capitalization.

Bitcoin will highlight what is a cryptocurrency that has had a fairly stable evolution over time but in recent years has become out of control.

At this moment it is trading around $ 3,600 dollars, and according to the experts everything that happened during these months has been no more than the natural process of a regularization in the market.

Therefore the most optimistic believe that the Bitcoin will rise again, and now is a good opportunity to buy it, especially since it is cheaper.

Bitcoin Cash
For those who can not afford to buy Bitcoins they can also invest in Bitcoin Cash. Today is in fourth (4) position in the ranking with a market capitalization of just over 2 million dollars.

Its current price is $ 125, a more affordable price.

Even if you do not trust 100% in the evolution of Bitcoin as cryptocurrency, or Bitcoin Cash in this case, you can always rely on blockchain technology and all its potential

TRON
In the ninth (9) position of the market capitalization ranking we have TRON, with a market capitalization of 1 million 600 thousand dollars.

It is a cryptocurrency that has incredible potential, especially in the long term.

We will emphasize that the TRON MainNet provides transactions per second much higher than Ethereum. TRON already has a base of more than 500,000 users and growing, in several countries around the world.

It is a project that is focused on the world of entertainment and offers an environment for developers of digital entertainment very friendly.

In addition, it is trading at $ 0.02, a price scandalously under how not to take the opportunity to invest a good amount of money in this cryptocurrency this year.

Rippleripple
Ripple, known as XRP, is in the second (2) position of the ranking. At present its market capitalization is of 13 million dollars, and it is quoted at $ 0.32 dollars.

It has always been said that Ripple had - and has - qualities to transform itself into a cryptocurrency that can serve as a help to traditional financial systems, and as a consequence also to society.

Ripple would serve to reduce costs in transactions, especially at the international level. In this way it would be much faster to make transfers, because with Ripple you would hardly need a few seconds, and of course, much cheaper because you would save on the commissions.

Zcash
To find out where Zcash is in the stock market capitalization ranking, you have to descend a few positions, specifically to the twenty-first (21).

That's where we can find Zcash, which has a market capitalization of 310 thousand dollars and a price of $ 54.70 dollars.

Thanks to its features, which offer privacy, Zcash - like Monero - is becoming increasingly popular. There are many users who want to maintain anonymity in the network, and enjoy their transactions online in a more discreet way.

So taking into account the society in which we live and the importance of privacy, investing in Zcash is a good investment option for the future

Ethereum
Ethereum, now occupies the third (3) position of the ranking very close to Ripple with a market capitalization of 12 million dollars. Ether currently trades at $ 118.88.

Ethereum stands out for its open source software platform developed with blockchain technology.The goal of Ethereum is to facilitate all developers from the creation, testing and finally the implementation of decentralized apps based on this technology in question.

Without a doubt it is a very important project that will surely stay for a few more years
Why invest in Ethereum?
Currently, each Ethereum token, or "Ether", has a price of $ 463. Ethereum has a market capitalization of $ 46 billion. Although the platform has seen many ups and downs, it has never stopped progressing.

What makes Ethereum a great option to invest is its popularity and quick updates.

Problems with Ethereum
Like Bitcoin and many other altcoins, Ethereum also uses the work proof system, "Proof-of-Work" to verify transactions and create new tokens. But Vitalik realized the threat that this means to the environment. Then, the development team made the decision to slowly change the platform to be backed by proof of participation, "Proof-of-Stake".

They made great bifurcation efforts to prepare the network towards a "Proof-of-Stake" configuration.

There are no real problems with Ethereum since the development team is always updating it to follow and anticipate the new industry standards. But as always, bifurcation in large quantities can cause discrepancies and can introduce some errors or gaps.

Ethereum Classic (ETC)

Ethereum Classic and Ethereum are the same in their great majority but they differ in some aspects. In May 2016, DAO, a decentralized autonomous organization, created a venture capital fund on the Ethereum platform. They raised about $ 168 million very quickly.

Unfortunately there were some loopholes in the system. Some security experts and blockchain activists rushed to point out the flaws but these were not resolved in any way. As a result, in June an anonymous user abused the system and withdrew 3.6 million Ether.

This 3.6 million Ether was valued at around $ 50 million at that time.

This divided the entire Ethereum user base into two. Some people wanted the Ethereum Foundation to make a big bifurcation to restore the lost tokens.

But the most orthodox users demanded that it not be done as they considered that blockchain is immutable. Anyway, the original foundation made a bifurcation to restore the Ethers.

A different entity decided to separate from Ethereum to support the cause of the more orthodox. This is how Ethereum Classic was born. Since then Ethereum Classic has undergone massive changes and bifurcates quite often to further separate itself from the Ethereum.

Is Ethereum Classic still relevant for investment in 2019?
Yes, of course it is still relevant. Although separated from Ethereum, it still follows its basic concepts. It has the ability to create intelligent contracts, as well as decentralized applications. Ethereum Classic is also updating its network to be supported by participation test system.

At this time it has a price of around $ 17 per token with a market capitalization of $ 1.7 billion. Ethereum Classic is a very promising project and so far shows great figures.

Invest in cryptocurrency in an intelligent way
It is not a secret that investing in cryptocurrency is associated with a serious risk of losing money due to the high volatility of this market. For example, when you buy Bitcoin at the end of April 2018 with the hope that it would start growing again, you would now have losses of 20%. Not very encouraging, right?

In addition, the purchase of cryptocurrencies is directly related to other difficulties, for example, the complicated process of registration in the stock exchanges, the possible risks of piracy of the bags and "wallets", etc. For more information about cryptocurrencies, as well as the risks of buying it
by: https://libertex.org/es/blog/cual-es-la-mejor-criptomoneda-para-invertir-en-2018

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