Cryptocurrency has been a popular topic of discussion for several years. However, at the end of 2017, with bitcoin futures trading beginning on the Chicago Board Options Exchange and Chicago Mercantile Exchange, the conversation has seemed to reach a fever pitch. But what is cryptocurrency? And what’s behind it’s meteoric rise?
Like money, a cryptocurrency is a medium of exchange. However, the cryptocurrency is virtual or digital, meaning that there is no physical coin or bill that owners of the currency possess. The “crypto-“ part of its name comes from the fact that it uses cryptography to secure and verify transactions. Additionally, a common characteristic of many cryptocurrencies is their decentralized nature: Whereas typical currencies are issued from a central bank, cryptocurrencies cut out the middlemen as a peer-to-peer system. This decentralization is touted as one its principal benefits, as it might increase transaction speed and let users avoid fees charged by banks and other more traditional financial institutions.
There are multiple cryptocurrencys that are widely used. Among the biggest are Ripple, LiteCoin, and Ethererum. However, it’s Bitcoin that remains the largest and most talked about cryptocurrency.
3 Best Cryptocurrency to Invest in 2019
With more than 2000 coins/tokens listed on CMC, it is hard for anyone to decide which coin or token to invest for the long term or the short term. If you ask any pro they will always recommend you to invest in BTC, for some us it is way too costly. But it is a fact that Bitcoin is the oldest and the highest ROI generating cryptocurrency in the world. For those who cannot afford BTC and are looking for an alternative then this article is for you.
In this article, I will be discussing three best cryptocurrencies to invest in 2019. They do not cost you a lot(price is still withing $50) and the amount of ROI they have generated in a short amount of time is more than 100%. These cryptocurrencies have a working product, which is also user-friendly and has a growing subscriber base.
Before I proceed further, It is my responsibility to inform you that I am not a financial adviser. I am only sharing my personal opinion about these cryptocurrencies through this article. It is always advised to do your research (DYOR) before investing in cryptocurrency.
The factors that have considered are CMC Rank, Total Supply, Total Circulation, Project status and ROI (Return on Investment). Feel free to ask any questions and do share your experience with the community in comments. Let’s start with the first one.
Binance Coin (BNB):
Launched in July 2017 as an ERC20 token for Binance Exchange, it is primarily used as a service fee on the Binance platform. The ROI of BNB as per Coinmarketcap is 9000% to date. After the successful launch of Binance launchpad and Binance DEX, the fiat value of BNB has gone up by more than 300% and is still rising.
With more than 3 Million users on Binance exchange. This is the right time for you to take your position in BNB.
Basic Attention Token (BAT):
As the current business model of digital advertising gives poor experience to users who are using the different internet browsers as they are constantly bombarded with irrelevant advertisements and it also makes business difficult for the advertiser as they have to go through a middle man. The brave browser wants to solve this problem with its BAT token.
BAT is an Ethereum based token that powers Brave Browser’s digital advertising platform. With over 28000 verified publishers and more than 5.5 million monthly users of the brave browser, this is the right time for you to take your position in BAT. As per Coinmarketcap BAT ROI is 98.87%. If you have an account with Binance exchange then you can buy BAT there or else create an account and Buy Now.
Atomic Wallet Coin (AWC):
AWC is an Ethereum based utility token by Atomic wallet. As we all know Atomic wallet is a multi-cryptocurrency universal wallet. It has a complete ecosystem built within the wallet where you can not only store more than 300 cryptocurrencies, 500+ ERC20 token but, also use features like Atomic swap, P2P exchange and Buy crypto.
The atomic wallet did not have an ICO they have been a profitable startup from day one. The atomic wallet is available both for desktop and mobile. With more than 500K downloads and counting, this is the right time for you to take your position in AWC. As per Coinmarketcap AWC ROI is 233.86%. You can buy AWC on Idex or Binance DEX.
In the end, I would like to conclude by informing you that investing in the financial market can be risky. Before, investing always read the whitepaper, check the Linkedin page of the team members and always invest your spare money. Always invest in a small amount and know when to sell. Your investment can either gain profit or loss so always be prepared for the loss.
For more information or education about cryptocurrency, you can visit:
Crypto Blockchain Plug
614 E Manchester Blvd
Inglewood , Ca, 90301