Among them there are many based on some innovative or even revolutionary projects, BUT there are still some useless or scams.
That is why, it is crucial to check and analyze cryptocurrencies, based on very specific criteria, in order to maximize their chances in making profitable investments on long term.
In this article, we woud like to propose you a Top 10 cryptocurrencies that have the best chance of generating profits in 2019.
Be careful though, the fact a cryptocurrency is in Top 10 does not immunize you from a potential big fall.
1) BITCOIN (BTC). Two words to describe Bitcoin would be: decentralized and digital. It is an alternative to fiat currencies like USD, GBP, and JPY.
2) ETHEREUM (ETH). It is the most popular platform for building smart contracts, that is considered the next big thing in the cryptocurrency universe.
Ethereum provides a great platform for launching the Initial Coin Offerings (ICOs) for other blockchain projects. The majority of the $5.6 billion worth of ICOs in 2017 was launched using Ethereum.
It has a transaction speed of a few seconds against the 10 minutes or more of Bitcoin.
3) RIPPLE (XRP). No doubt that Ripple is among the best projects - the company has just passed the 100 partnerships with banks all around the world.
The strong support of financial institutions behind Ripple, as well as the fact that the company is safe following the SEC regulations, pushes us to believe in Ripple for medium and long term.
4) BITCOIN CASH (BCH). Transactions are faster than Bitcoin ones because of the increase to 8MB compared to Bitcoin Blockchain 1MB.
Average Bitcoin transaction fees are currently around $1.8 despite those for Bitcoin Cash that are only around $0.067.
5) EOS. Its network is faster and offers greater scalability than Ethereum. Where the Ethereum network rewards its users via GAS tokens for validating its transactions, the EOS Blockchain ensures free transactions for its users. EOS also benefits from a strong and enthusiastic community, and for a good reason.
6) LITECOIN (LTC). The total supply of Litecoin tokens that can be put into circulation is superior to Bitcoin. While Bitcoin is limited to 21 million units, the maximum number of LTCs that can be produced is of 84 million.
The average blocking time on Litecoin Blockchain is 2.5 minutes while on Blockchain Bitcoin it is 10 minutes .
Finally, Litecoin is one of the 5 cryptocurrencies available on Coinbase which is an important sign of recognition and proof of a long-term future in the war the Altcoins have to face to attract investors.
7) Binance Coin (BNB). As the official coin of one of the best trading sites, Binance Coin is being watched and followed by many investors.
With Binance Coin, an investor doesn’t only gain from the rise in trading volumes but also from transaction fees on Binance, making it possible to receive a massive discount of about 50% in an annual use, which are paid in Binance Coin as contrasted with Bitcoin.
8) STELLAR (XLM). Stellar’s goal is to provide individuals with a fast, efficient, and inexpensive service for cross-border payments.
Unlike Ripple, Stellar primarily targets individuals, not large financial institutions.
9) CARDANO (ADA). Cardano is supported by an academic community of global researchers and scientists contributing to its Blockchain development.
Cardano intends to bring the interoperability that can interact with different cryptocurrencies and their infrastructures in a seamless manner.
Cardano is much more scalable than Ethereum with a current capability of 257 transactions per second.
10) TRON (TRX). One notable point in Tron's favor includes the fact that it is one of the few ERC20 tokens to reach the MainNet.
The fact that its Blockchain is already running is also something very positive. The TRON Blockchain already claims 300,000 accounts.
We are still far from the figures of the Ethereum network but all the same, this is a strong growth that continues month after month.
It is reasonable to believe that 2019 will be the year in which, finally, institutional money will enter the #cryptocurrency market. This is one of the cryptocurrency predictions for 2019 that will be, without any doubt, a game changer for the crypto market.
To illustrate this point, it is worth to mention this week Fortune article that reveals something very important - Bakkt, a cryptocurrency investment platform for institutional money that will launch in November after SEC approval clearly sees a “war for institutional money waiting to investing in cryptocurrencies.”
These are big statements, and they provide much more color and detail.
Another recent article from Forbes makes a good point on institutional investing.
It requires an ecosystem to facilitate safe custodian services.
Yes, institutional investing is evolving slower than anyone has expected. Safety and the its technological answer are a major part of the reason why.
For 2019, we continue to feel strong about Bitcoin, being the leading indicator for cryptocurrencies. It should be used to determine the trend: up, down, neutral.
This is one of the more actionable cryptocurrency predictions for 2019.
However, Bitcoin is not likely the cryptocurrency that will deliver 10-fold returns similar to the previous 7 years.
The underlying reason is that Bitcoin futures will cap the upside potential because, for the first time since Bitcoin’s inception, there is two-sided trading in the Bitcoin market.
It is also believable that Bitcoin's previous all-time highs will be taken out, but we believe Bitcoin will trade within its ‘bullish band’, not higher.