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5 Best Altcoins to keep an eye on in 2019

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5 Best Altcoins in 2019
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2019 isn’t far away. Arguably, 2018 has been a quite disappointing year for altcoins. Many crypto enthusiasts say that 2017 and 2018 have been the wildest years in the cryptosphere. As of now, more than 1600 cryptocurrencies are available in which most of the altcoins are going through bad times.

However, this downfall of altcoins cannot be connected to any one reason; this decline is the amalgamation of different factors. That being said, we have compiled a roundup of 5 best altcoins in 2019 that will surge and make you earn more money. So, without any further ado let’s get started with the list of 5 best altcoins.

1.        Ethereum (ETH)

Ethereum is known as the king of all altcoins, and currently, it is ranked at the second position after Bitcoin. Ethereum had many issues this year including the rapid decline in its price. CEO and developer of Ethereum said that this rapid collapse in the prices is because of the network returning to its normal levels. Even with the decline in the price, we don’t see a cryptosphere where Ethereum doesn’t exist. Many crypto bulls say that Ethereum will surge and recover all the previous losses in the coming year.

2.       Ripple (XRP)

Ripple (XRP) is a remittance system and a gross reconciliation network developed by a US-based company known as Ripple Labs Inc. Ripple is an open source podium which supports token issuance, currency exchange, and fiat transactions. Moreover, its objective is to provide financial institutions instant and cheaper cross-border transactions. Ripple is developed by a shared public ledger known as XRP ledger that implements a consensus procedure to enable remittances, payments and exchanges in a distributed method. Thus ripple’s objective is to provide instant cross-border transactions many banking giants have partnered ripple, and more banks are expected to implement the ripple protocol in 2019. The reason that ripple is safe today from the SEC we believe that ripple will survive the crypto bloodbath and surge shortly.

3.       Litecoin (LTC)

Litecoin is the seventh biggest cryptocurrency by market capitalization, and it is the oldest altcoin in this roundup. Litecoin was founded back in 2011, and no it’s a BTC alternative having the top 10 market cap of more than 3 billion USD. Litecoin is a peer-to-peer digital asset that allows cheaper and instant payments to anyone around the globe. Moreover, the main difference between bitcoin and litecoin is the total supply limit. Litecoin’s coin limit is 84 million, and bitcoin’s total supply limit is 21 million. The mining time of every block on the LTC blockchain is 2.5 minutes. That being said, Litecoin is one of the major four on Coinbase with over millions of active users Litecoin will surely surge in 2019.

4.      EOS

EOS is fourth on this list. Love it or not, the EOS ecosystem holds a huge potential. The ecosystem of EOS is similar to the Ethereum. However, it brings the cryptosphere to a global audience. EOS is the fifth largest cryptocurrency by the market capitalization. EOS is fast than Ethereum, and it has huge support from an enthusiastic audience. Recently, EOS accomplished a successful sale of tokens, and now it has a huge potential. These are the reasons why we believe that EOS will survive the altcoin bloodbath and it will make you more money in 2019.

5.       Tron (TRX)

Last but not the least; we’ve Tron (TRX) that recently purchased BitTorrent, and it means a big thing for the Tron community if they can establish a secure torrenting procedure in future. Moreover, TRX is one of the ERC20 tokens to launch its MainNet, and over the past few years, Tron’s growth has been impressive. So far Tron has managed to reach 300,000 accounts and we believe that Tron will survive and it will rise in 2019.

Conclusion

That’s it. There you have the 5 best Altcoins that will rise in 2019. We hope you found this article to be helpful and don’t forget to share your thoughts in the comment section right below.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pixabay.

Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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