This post is based on my own research. All the information provided here is gathered in the last 3 months of reading and, hopefully, I can be of help to those that want to invest in cryptocurrencies. The main question of my research was: what virtual currency is mos profitable to invest in? This is a question which I met very often throughout my readings. This question is posted by people who want to buy profitable cryptocurrencies with potential growth. Much of the crypto world considers the next crypto-coins safe investments with little money and some millionaires and some companies even take advantage of them especially in times of crisis.
The future of cryptocurrencies in the financial system is quite good. If we look at the history of money, we will see that at the beginning the coins appeared, then the banknotes. Meanwhile, money has evolved and begun to enter the realm of the Internet.
The appearance of the card made the cash money easily disappear from the landscape and the virtual transactions made through his card increased day by day. The digital age is beginning to speak for itself by creating new forms of money (digital currencies) and even new forms of life (AI).
The way I see the future, the next stage of the evolution of money is in the form of cryptocurrency.
I specify the fact that I am not a financial consultant and here I present my simple opinion about these cryptocurrencies and their evolution in the future. Investing in the virtual currency trading market is long-term and very risky.
The crypto world is full of scams and I have no way of knowing if any of the currencies listed below turn out to be a scam like Bitconect or Onecoin where many people have lost their savings.
Before investing any amount of money in these cryptocurrencies, I advise you to learn as much as possible about them and to consider other opinions.
Profitable virtual currency
Below I have compiled a list of the top cryptocurrencies to watch, which in my opinion will grow quite a lot in the near future.
Ripple Xrp was created for large financial institutions (banks for example). This cryptocurrency serves the Ripplenet network to facilitate international payments, making them much faster and cheaper (a transaction costs a fraction of a cent). Ripple Labs has received huge support from corporate investors such as Google.
Now this cryptocurrency is being introduced into banking payment systems and financial institutions around the world. The price of Ripple Xrp is only $0.25 and I consider it to be an investment cryptocurrency.
There is a heated discussion in the online environment about a new explosion of prices that will appear quite soon. Bearableguy, a guy who appears to be inside the Ripple network, hinted that the XRP coin is likely to reach $589 by the end of this year. There are many predictions, but this does not mean that this will happen.
Because of this, virtual currency trading platforms are becoming more and more popular and do not face the waves of new users. Be careful when choosing the trading platform, not all of them are secure and some of them have already started to go bankrupt.
From my point of view, I consider XRP to be one of the most profitable cryptocurrencies with a very high growth potential due to its usefulness. To store Ripple Xrp securely you need a virtual wallet for cryptocurrencies.
Polymath is a new virtual currency that has just appeared on the market. A decentralized platform, which is built on the idea of moving the securities market into a blockchain. Its task is to unite investors, various KYC providers (eg stock exchanges), smart contract developers and lawyers in an information space. All these topics should help customers create their own security symbol in the form of a smart contract.
Currently, this is not a "security symbol", but an exclusively useful currency. It is not subject to government regulation because it is not a guarantee. POLY will be used for transactions within the platform. The price of the coin is now $0.09.
ZEN (Horizen) is the native cryptocurrency used by the Horizen network (formerly ZenCash). An anonymous publishing platform, based on confidentiality, which includes a decentralized autonomous organization (DAO), ZenChat (a private messenger), ZenPub and ZenHide (masking the TOR endpoint).
Confidentiality and security seem to be niche topics discussed only by hat conspiracy theorists, but computer security is a major concern in today's world. It is now priced at $ 11.88 and is likely to reach $ 1447.40 as soon as some say.
Waves is a cryptocurrency and at the same time a classic platform of digital blocks similar to Ethereum. It was created for ease of use and mass adoption of blockchain technology. Designed from scratch for storing, managing and issuing digital assets, Waves (WAVES) is an open source decentralized locking platform that allows anyone to create their own internal digital currencies.
Based on the approaches implemented by NXT to make it possible to add new types of transactions, WAVES approaches this practice through plug-ins that do not require an update of the main software, but can be installed as extensions. As a result, customers who do not run software with these additional plug-ins can still submit custom transaction types.
Tron (TRX) is a decentralized platform that aims to build a free digital entertainment system. It has distributed storage technology and allows easy and efficient sharing of digital content. There are many entertainment applications for smartphones that use the Tron virtual currency.
For example, online gambling such as Tronbet uses this cryptocurrency. For every 1000 TRX coins played in the game you receive dividends in Ante currency which in turn reward you every day with free TRX. As you can see, the slot machines have entered the online environment and can be easily played on mobile.
Another benefit of the Tron cryptocurrency is that it can be invested in Tronscan by voting for different candidates and at the end of the day you are rewarded with Tron coins and other cryptocurrencies.
Of course, you can withdraw the initial investment at any time. The price of the Tron coin is now $0.028 and I consider it very cheap for a coin with a pretty good future considering that the gambling market will never disappear (it just evolves).
** You can earn free TRX by using my referral link below.
It is a currency system for online data storage, managing your identity based on a social network and much more. It proposes a block-based service, and Holochain claims that they will offer this as well.
The key to Holochain's (Hot) proposal is to run essentially distributed blocks. They describe the system as a combination of technologies derived from BitTorrent, GitHub and Blockchain.
This methodology is designed to make it quick and easy for developers and users to launch applications from the central repository, similar to GitHub, and run them on localized blocks.
You do not have to wait for confirmation from a universal block, which could be affected in terms of the responsiveness of completely independent applications. You can buy it today at the price of $0.001, extremely cheap.
You've probably heard of the virtual currency Bitcoin and how many millionaires it has made of those who had the instinct to invest a few hundred dollars in it. It is the oldest and largest cryptocurrency today and has a 55% share of the capital market! It still dominates and forecasts say that the gold of the internet will arrive.
John Mcafee, the creator of the Mcafee antivirus, bet that the price of Bitcoin in a maximum of one year will be $ 500,000 and at the end of 2020 it will reach 1 million dollars, if it does not eat its "cuckoo" live on TV. There is even a countdown site that shows the time left in the bet. I tend to believe his prediction because Mcafee worked on the Bitcoin project and really knows who Satoshi Nakamoto is. (Update, the man changed his mind and canceled the bet)
As I said above, prices are about to explode on the cryptocurrency market. If Bitcoin grows parabolically as it did in 2017, investing in Bitcoin could be a good idea for 2019, especially for 2020.
Conclusion
I consider all these to be the best cryptocurrencies with growth potential in which it is worth investing. My favorites and which I consider to be the most profitable are XRP, Bitcoin followed by Polymath and Trx.
As I said above, I am not a financial consultant and before investing in cryptocurrencies, I advise you to do your homework as well as possible.
My successful faucets!
PipeFlare & Hive ZCash - ZEC with tier 4 referral program
FreeCryptos: (DASH), (TRX), (ETH), (Cardano), (BNB), (LINK), (NEO) & (BTC)
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