Is Neo cryptocurrency a good option for a long term investment?

Yes, Neo cryptocurrency is a good option for a long term investment. NEO is a blockchain platform for the advancement of digital assets and smart contracts. Smart contracts are the next big thing which can be applied to many real-life situations and businesses. One feature of NEO is that it cannot be divided. So, you can't make a transfer like 0.5 NEO or 0.11 NEO. It can be considered similar to the stocks of any company, which cannot be divided.

NEO, because of its potential, makes a good option for a long-term investment than most other cryptocurrencies, and NEO price predictions can be quite difficult. Although it is also facing a number of headwinds, this year could be very positive for NEO. Let’s get a glimpse of the future of NEO by looking out the predictions given by the crypto traders or publications:

Being Crypto
Being Crypto predicts that NEO might reach $120 by 2019 end, 200 USD by 2020 and in five years might go up as much as $450.

Smartereum
Smartereum gives a 5-year forecast wherein they have said that the five-year forecast is around $ 1275, which looks like on an average NEO might increase by 1.5X on an average every year.

Long Forecast
As per Long Forecast prediction, they believe that the price of NEO might depreciate in 2019 and might fall to around $9. But, 2020 holds positive and they predicted that NEO might reach as high as $21 by the end of 2020.

Crypto Ground
According to Crypto Ground, NEO might go up to $195.352 in a period of 5 years, which will be an increase of around 40X, X being the current price.

Coin Fan
CoinFan believes that by 2019, NEO might hit $200 at the maximum and by 2020, it might go up as much as $783. THis looks like an optimistic bullish prediction by Coin Fan.

If you are interested in buying/selling Neo, you can have a look at CoinSwitch to get at the best rates.