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Which Coins Among The Top 10 Should You Invest?

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One thing that every new crypto investor needs to understand is that the crypto market is complex, alive, and very unpredictable. As a result, theoretical knowledge can only take them so far. It takes time to truly understand the crypto market, and learn how to take risks “properly”.

For this reason, diving into lesser-known altcoins is much more uncertain than investing in largest cryptos. While many would say that not even Bitcoin is a safe investment, it is still safer than giving your money to a project that is not even among the top 100 coins. Because of that, we will now take a look at some of the projects among the top digital currencies per market cap and see which ones are the best to own these days.

Luckily, the top coins are quite diverse, and there will surely be something for everyone.

5) Monero (XMR)

Monero is a pretty quiet crypto that usually doesn’t attract a lot of attention, or makes a lot of noise. It is also surprisingly stable, sitting at the ninth position of the top 10 cryptos by market cap, and providing its services as the most popular privacy coin.

Monero offers privacy and fungibility, it is easy to mine, it has quite a strong and supportive community, and an excellent development team. It is secure enough that even online criminals prefer this coin over other privacy coins. While this is still a bad thing, it is an undeniable proof that Monero actually works.

Privacy coins have always been frowned upon as currencies used by criminals, but they can be so much more. They can provide anonymity, protect user privacy and freedom of speech, and they will always be needed for private transactions. This is why owning Monero is a pretty good choice.

4) Cardano (ADA)

Cardano is a coin that likes to take its time, but even so, it made a lot of progress in 2018. In only a few months, it managed to climb up to top 10 cryptos, where it remained ever since. Many consider it to be an excellent long-term investment, as its price will likely go up as Cardano brings out more and more features.

This is a coin that is dedicated to developing its technology and features, which is why it will take time in order to become truly great. It is also skilled at learning from the mistakes made by others, especially Bitcoin and Ethereum, which is why it is very scalable, unlike them.

In addition, Cardano is sustainable, it can receive upgrades via soft forks, it is big on cross-chain integration, and it has shown a lot of potential for being one of the largest cryptos in the future. Investing in it while its price is only a fraction of a dollar is probably a very smart decision.

3) Stellar (XLM)

Stellar is a coin that aims to allow individual users to send instant transactions to anyone in the world. Instead of having to wait for days for banks to complete such processes, all that XLM would need are a few seconds. Stellar recently became the new record holder for fastest transactions, and it is definitely a coin worthy of having.

It is the main competition to Ripple, which is trying to provide the same service, just not to individual users, but to banks and financial institutions. Stellar is a much more open than XRP, it is decentralized, it supports thousands of transactions per second, and all validation is done by the Stellar Consensus Protocol.

2) Ethereum (ETH)

Ethereum is the second largest digital currency per market cap, and it has held this place for a long time. It is a coin that has revolutionized the use and purpose of cryptocurrencies and blockchain. Despite the fact that it is the second largest coin, Ethereum’s focus is not on payments and transactions. Instead, this is a coin that supports creation and creativity.

Since its creation, Ethereum has introduced us to smart contracts and the ability to create dApps. It allowed the crypto community to view this technology from a completely new angle, and it placed blockchain technology in the center of the attention. While many would argue that using NEO or EOS blockchains for the same purpose is better, a lot of developers prefer Ethereum due to the fact that it is cheaper. In any case, Ethereum managed to keep its popularity, and while it still has its issues, it is a top choice for would-be developers.

1) Bitcoin (BTC)

It is not surprising that Bitcoin is being included on this list. After all, this is the first, and still the largest coin by far. Its market cap is over $90 billion larger than the second largest coin, which is Ethereum. While its supply is not that big, this only makes the coin more valuable, and its value will likely continue to increase as it attracts more attention and users.

Bitcoin is the first cryptocurrency, and whether or not it remains number one, it is a crypto that has already made history. Many influential people that still remain opposed to crypto call it a bubble, but its supporters believe that this is the coin that will dominate the entire world someday. Bitcoin is the driving force of the crypto world, and it was created to take the power away from financial institutions, and give it back to consumers themselves.

It is decentralized, transparent, and well-known. It might be the perfect candidate for leading digital currencies to mainstream usage and mass adoption. For now, this is still in the future, and BTC price is still much lower than what is estimated to be its true potential. This is why buying and owning BTC now, when it is at its bottom, might still make you rich once it truly starts going up again.

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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.

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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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