The cryptocurrency trade represents one of the most popular business trends of the decade. This whole process started very slowly until the price of Bitcoin suddenly rose above 2,000% towards the end of 2017 to reach 20,000 dollars per coin.
This inspired an avalanche of reactions, so now everyone wants to find the next big opportunity and invest before prices skyrocket. However, there are too much cryptocurrency available online, so people don’t know what is the correct one to invest their money without the fear of losing your money.
The best cryptocurrencies of this time to make investments
Knowing in which cryptocurrency to invest can be very difficult if you are not familiar with these currencies. So let’s start to see the best coins to invest in this 2019.
This coin for many is catalogue as the first cryptocurrency in the world and is best defined as a digital currency that exists only electronically.
Many people control de coin because you can send from user to user without the need for intermediaries. This currency reached a value of up to 20 thousand dollars each and all in a very short time in 2018.
You also can win some Bitcoins by mining and you can change what you won for other currencies, products and services.
While Bitcoin is a digital currency conceived as a means of payment for goods and services, Ripple is a system for payment settlement, currency exchange and sending remittances to banks and payment networks.
XRP creates a direct transfer of assets which is done through its system, it is liquidated almost in real time and that is why it has become a much cheaper, safer and even more transparent alternative to transfer systems currently used by banks as the SWIFT payment system.
Ethereum was formed as an intelligent contract platform which through its system allows developers to create tokens and decentralized applications (dapps). It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using a global network of public nodes.
Ethereum was proposed at the end of 2013 by Vitalik Buterin, a researcher and programmer of block chains. The development was financed by an online sale that took place between July and August 2014.
EOS is an operating system in the block chain that executes decentralized applications for companies. The main objective of the platform is the performance and scalability of smart contracts and the performance of transactions.
EOS is built to be scalable horizontally, so that in the future it can handle thousands of business applications.
Stellar is a public chain of blocks network that allows cross border payments at almost no cost.
It is aimed at both individuals and business users, including banks. Transactions that are sent through the Stellar network take an average of 2-5 seconds to complete, and the base rate for sending a transaction on the network is currently 0.0001 XLM.