5 Crypto Coins to Buy Next Year
The five best cryptocurrencies to invest in next year. Let’s check them out one by one.
Ethereum is based on a popular dApp processing platform, which is exactly where it derives its power from. According to live price tracker, this coin currently costs over $270, but the 2020 predictions are optimistic. Some analysts even claim that Ethereum can even reach Bitcoin. Although we disagree with this statement, we also believe Ethereum is going to grow next year.
The list of the most promising cryptocurrencies would be incomplete without Bitcoin. It’s like talking about content creation services and not mentioning market leaders such.
After three years of major ups and downs, Bitcoin finally stabilized in 2019 and it currently stands still at about $11.7 thousand. It’s the best solution for investors who want to play safely and hope for a small long-term return on investments.
Litecoin may be much cheaper than Bitcoin or Ethereum, but it doesn’t fully reflect its market potential. For this reason, we think investing in Litecoin could be a huge opportunity for all of you clever business people. How come?
First of all, it costs somewhat more than $100 so you don’t have to risk too much. Secondly, Litecoin has technical preconditions to become a global transaction network, which is more than enough to make you consider investing.
Another cryptocurrency with the potential to dominate the market is Ripple. It is worth barely $0.33 at the moment, but things could change quickly if Ripple becomes the official solution for banking infrastructure. Some reports say that Visa and Western Union might soon embrace Ripple as their under-the-hood technology, which is quite a big deal for this digital currency.
NEO currently costs almost $15, but we are sure it will grow significantly in 2020. The coin’s infrastructure is full of potential and it is the main reason why the Chinese government is also thinking about joining the NEO game. If this happens any time soon, NEO might as well become one of the most profitable cryptocurrencies for agile investors.
Investing in cryptocurrencies can be a highly profitable business opportunity, but you have to be able to follow the latest market trends and understand how to buy or sell on time.
In this post, we showed you why to trade with digital currencies and presented the five best coins you should invest into during 2020. The cryptocurrencies we discussed are the most promising options, but let us know in comments what you think about it – we would be glad to hear your opinion, too!
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