Throughout 2018, there has been a massive influx of new investors in the cryptocurrency market due to the impressive high that Bitcoin reached during the end of 2017. Massive international companies such as CNN and the BBC have covered the performance of Bitcoin which has since attracted many more. There are countless cryptocurrencies to invest in, while some may be disappointing, there are many that have gone beyond expectations.
Before even considering purchasing cryptocurrencies, one needs to understand the markets and also be able to make themselves aware of what the long- or short-term potential of a specific token is. There are also certain questions you should consider before buying such as, do you have any plans to sell once it reaches its peak? Do you sell it all in one go or progressively? What’s the maximum sum of money you can comfortably afford to lose? And are you willing to stay up to date with the markets?
As you know, there are many cryptocurrencies that you can buy, but these are some of the tokens that have performed most impressively so far:
Ripple has been doing great things in the market and has been consistent since the beginning of 2017. Those who never lost faith and that still have it now are happier than ever as its still one of the strongest cryptocurrencies in 2018. To trade Ripple as well as many other cryptocurrencies you can visit any reputable online broker, as they will provide you with everything required for trading, and City Index will also offer CFD Trading, Spread Betting, and Forex Trading; thus allowing you to speculate on the state of the global market. This would help you secure your cryptocurrencies and also give you some piece of mind. Ripple has a market capitalization of $35 billion, which surely shows that it has great potential.
Zcash is fairly new to the market, although it has done made some ground-breaking moves in a short span of time. Zcash has as much as 21 million coins in transactions and is relatively easy to buy because you are allowed to get a comprehensive report of your transactions.
Ethereum has been very impressive as well. Since 2017, its price went through the ceiling by increasing almost 3000 percent. This has certainly cemented its place as one of the most popular cryptocurrencies to buy.
Binance Coin (BNB)
Binance is one of the world’s biggest cryptocurrency exchanges and features its BNB token. According to the market cap, Binance falls within the top 30 cryptocurrencies. It has topped the trading volume of many different cryptocurrencies on a daily basis, and its price has been fairly stable throughout 2018.
The crypto markets are a great place to buy and sell tokens. But remember, it’s all about being smart. You must educate yourself on the market and take the time to make the right decisions. And always, never buy more tokens that you can comfortably afford to lose.
I love everything about crypto. Simply can’t wait to see how blockchain technology changes our world for the better.