Do you want to know what the best cryptocurrency to invest in for 2019 is? Knowing which blockchain technology to invest in might prove to be a hard task. With hundreds of cryptocurrencies to invest in, where do you begin?
Luckily for you, we have used several factors before picking the best cryptocurrency to invest in.
We understand that it can be overwhelming and confusing when you first start to look for the best cryptocurrency to buy right now. And that’s why we’re here to make it easier for you.
Here is a list of the most promising, best cryptocurrencies to invest in for 2019.
Best Cryptocurrency to Invest 2019
Just like there were the best cryptocurrencies to invest in for 2018, this year is also full with good opportunities. That means there’s still a chance to get rich, but you just need to know where to put your money in.
At the time of writing this article, based on Coinmarketcap stats there are 2120 different cryptocurrencies. The market cap of all cryptocurrencies is more than $112 billion after reaching a peak of $813 billion in January 2018.
The cryptocurrency market has many altcoins and there are other best cryptocurrency to invest beside Bitcoin. Many people believe the blockchain technology is the next big thing.
While it’s hard to predict the future, the fact that we have a secure and decentralized technology gives us strong reasons to be positive.
Moving forward we’re going to share what the best cryptocurrencies to buy right now are.
The digital coins we picked have a good chance of significantly outperforming the markets in 2019.
Let’s get started!
Best Cryptocurrency to Invest In
We have a very good chance of reaching a bull market in 2019 for a variety of reasons that we’re going to mention throughout this guide. In the case of a bull market, we’re going to see pretty much every single major cryptocurrency jump in price significantly.
However, there are several cryptocurrencies that we think we can make a strong case. They are among the safest investments in case prices should fall further. So, if we’re not going to see a bull market, we won’t be losing any money.
Best Cryptocurrency to Invest 2019: Bitcoin (BTC)
Bitcoin is a very obvious choice for the best cryptocurrency to invest. BTC is by far the biggest cryptocurrency and the oldest coin owning more than 40% share of the total cryptocurrency market cap.
Bitcoin is simply currently the market leader!
You can find Bitcoin listed on every single cryptocurrency exchange!
Bitcoin makes mainstream news on a daily basis and it’s recognized by almost everyone.
Bitcoin remains in an absolute unique position that we can’t say about other cryptocurrencies. Bitcoin is still seen as the image of cryptocurrency as a whole and as representative of the cryptocurrency market.
Bitcoin is also regarded as a store of value for a lot of people in the crypto world. Wherever you agree with it or not, it’s how BTC is seen by some people.
It’s very unlikely that Bitcoin will lose its status too quickly which is the reason why BTC remains one of the safest and the best cryptocurrency to buy right now.
Taking everything into consideration for our 2019 cryptocurrency forecast we can pretty safely assume that Bitcoin price will remain elevated.
Best Cryptocurrency to Invest 2019: Ripple (XRP)
Ripple remains a low risk investment. This makes it a safer play, but still make some small profits if a bull market is on the corner for 2019. However, if you want something to maximize your profits, we think Ripple cryptocurrency is the best cryptocurrency to invest in.
The company behind Ripple is building a massive international network, with hundreds of members. Those are banks, payment processors and liquidity providers.
Ripple has developed a technology that can revolutionize the way payments are done. The Ripple blockchain remains the closest and the most likely to achieve that to any real degree.
Ripple can become an alternative for the SWIFT system currently used for international monetary transfers that has been in used for 45 years and every major bank in the world uses.
Ripple is working hard to get more companies using their technology which ultimately should result in the XRP price going up significantly.
With a growth of around 36,000%, Ripple was the best cryptocurrency to invest 2017. It grew from just a couple of cents at the beginning of 2017 and reach $2.4 by the end of 2017.
See chart below:
Since we’re in a bear market, like all the other cryptocurrencies, Ripple price has decreased in the previous year and at the moment of writing this article is trading around $0.30.
Ripple is currently the second best cryptocurrency after Bitcoin with a total market cap of around $12.6 billion.
It might be a good time to buy Ripple, which is down almost 70% from its all time high of $3.4 reached in January 2018.
Let’s see what’s the third pick for the best cryptocurrency to buy right now.
Best Cryptocurrency to Invest 2019: Basic Attention Token (BAT)
Basic Attention Token is a cryptocurrency token designed to bring a new way of sponsorship on the internet. The internet is mostly based on paid advertisement. When you open a website there are always a bunch of ads.
That reliance on add revenue and monetizing the content through ads is what makes BAT a good candidate for the best crypto of 2019.
The team behind BAT envisions a world of sponsorship where we decide to support our favorite creators. For this purpose they have created the BAT coin and integrated into BRAVE browser.
Let’s now get to our last pick for 2019
Best Cryptocurrency to Invest 2019: Ethereum (ETH)
During the strongest cryptocurrency bull market, Ethereum price skyrocketed slightly closer to $1600 reached on 13 January 2018. At that time, the Ethereum market cap was around $138 billion. ETH grew by almost 3000% making one of the best cryptocurrency to invest 2017.
Whether it’s a good idea to buy Ethereum or not, it’s up to you to decide that.
ETH is not just a cryptocurrency, it’s a more advance blockchain technology than bitcoin. This technology allows other blockchain projects to be lunched on the Ethereum platform.
We encourage you to give Ethereum a chance, as it has the potential to be the best cryptocurrency to invest 2019.
Conclusion – Best Cryptocurrency to Invest In
Just because we haven’t mentioned your favorite coin in our best cryptocurrency to invest 2019 guide it doesn’t mean your coin will not rise in value. It simply means, it hasn’t made the cut to be listed as the best cryptocurrency to buy right now.
We have placed a particular emphasis on the coins that have a lot going on. But, before deciding to put your money at risk, you need to know what are your investment goals and besides that you need a plan to achieve those goals.
Remember, your forecasts won’t have 100% accuracy so you also need to prepare to lose money. No one does know what the future will bring and what it will happen with the cryptocurrency market.
Which of the cryptocurrency listed above is your favorite? Let us know if you have another good candidate for the best cryptocurrency to invest 2019.
Thank you for reading!
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