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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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Blogs

What Changes May the Crypto Space Experience in 2019

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After the crypto hype of 2017, a lot of newly-arrived crypto enthusiasts were caught off-guard by the price crash and bear market that took over in 2018. One month after another, investors were waiting for things to change, and for another bull run to take place. Unfortunately, this did not happen in 2018, and while the year’s final days were seemingly stable, the rally everyone wanted to see has failed to arrive.

However, crypto investors remain optimistic, with many of them hoping to see some changes arrive in 2019. There are rather great expectations of this year, especially since the last one failed to deliver. However, many are interested in what exactly is to be expected in this year, which is what we will talk about today.

Bitcoin ETF approval

The US SEC’s decision regarding Bitcoin ETFs was one of the most anticipated events throughout 2018. Sadly, the decision constantly got delayed, and the SEC never actually provided an answer. The last delay has pushed the decision into 2019, and it is now expected to arrive on February 27.

Historically, the SEC was never ready to approve Bitcoin ETF, and many believe that the delays came due to the fact that the market was not ready for then in 2018. This is backed by the fact that the SEC rejected multiple application throughout the year. VanEck and SolidX…

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Reasons Why 2019 May Be A Great Year For Crypto

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The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.

The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.

With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.

1) Bearish market to loosen its grip

The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…

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Blogs

3 Coins with the Largest Potential in 2019

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2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.

Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.

  1. Bitcoin (BTC)

Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.

One thing that is expected is the approval of Bitcoin ETFs…

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