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Four Top Cryptocurrencies of the Future

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Cryptocurrencies
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In the world of business, making a smart decision is not always easy to do, since things are rarely black and white. If we add cryptocurrencies to the equation, the problem of making smart choices becomes infinitely more complex. The reason for this is an unstable crypto market, where prices are going up and down without a warning.

Still, there are some indications of how to make a good decision and a smart investment, and according to these signs, there are four cryptos more worthy of investors attention than the others. Those are EOS, NEO, Tron (TRX), and Ripple (XRP).

Will cryptos disappear?

Ever since Bitcoin (BTC) started the crypto craze, and the appearance of Ethereum (ETH) supported it, cryptos started appearing almost on a daily basis. These altcoins tried to improve on the previous coins, to explore new areas of business, and to try and create a place for themselves in the vast world of digital currency.

Since then, their total number exceeded 1500 altcoins, as per CoinMarketCap. With so many cryptos around, it is really hard, if not impossible to find the one with the most potential. However, after following the market for quite some time, experts believe that a lot of these coins will die out very soon. Of course, this doesn’t mean that all cryptos will disappear forever.

Some of them will manage to survive, and among them are the four coins of the third generation – TRON, Ripple, NEO, and EOS.

Why these coins?

These are the coins which are either backed by strong, influential names, or they have managed to achieve so much that their own strength will be enough to keep them afloat. The interest in them continues to rise every single day, with more and more people investigating them, googling them, exploring their possibilities, and eventually – becoming their investors.

Researchers and crypto enthusiasts have even decided to follow the overall interest in these cryptos, and have discovered that in June 2018 alone, these four coins inspired more curiosity than even Ethereum itself.

In fact, the amount of research that was noted by Google on the worldwide scale clearly states that NEO is a clear leader by interest, followed by EOS, then TRX, and XRP in the end. Then, and only then, comes the interest in Ethereum, the second largest cryptocurrency in the world.

The situation is just slightly different within the US, where EOS has taken the lead, with Ripple and NEO sharing the second place, and TRON being right behind them.

With so many cryptocurrencies around, it was obvious from the beginning that not all of them will make it. However, until now, there was no way to clearly determine which coins have the real potential to outlast the others. With the bearish market that has been tormenting digital currencies for the entire six months now, many believe that the filtering of cryptos has officially begun.

Cryptos like Bitcoin and Ethereum will probably remain right where they are, but those are the coins that have already won their battles. They are the representatives of the first and second generation of cryptocurrencies. The other 1500+ cryptos that are still fighting to list out the representative(s) of the Third Wave, and EOS, NEO, TRX, and XRP are clearly taking the lead. This is what makes these coins worthy of focusing on, and their quality will do the rest by itself.

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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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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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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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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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