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With Bitcoin prices skyrocketing 1,364% from 2018 to 2018, investors are looking for the next cryptocurrencies to witness te 2018 with Bitcoin-like potential.
Of course, with overheen 1,400 cryptocurrencies tracked on CoinMarketCap.com, that’s lighter said than done.
That’s why wij are simplifying the process of finding the best cryptocurrency investments for Money Morning readers by exposing the five cryptocurrencies on our 2018 witness list.
To create our list of cryptos to observe te 2018, wij only looked at tokens and coins that met three criteria.
- The underlying blockchain technology has to solve a problem.
- The coin or token has to have the potential for widespread adoption.
- The coin voorwaarde be $Ten or less, so investors can get embarked with an affordable initial investment and limit their risk.
Wij developed this criteria because it weeds out entirely speculative coins and scams, leaving only coins with the potential to explode ter value. Just look at Ethereum, which met all three criteria at the commence of 2018.
The Ethereum toneelpodium permits contracts to execute based on preapproved conditions, which solves real-world problems ter finance and law.
For example, take a look at the housing market. Instead of a buyer waiting for a deed and the seller waiting for funds, the deed could be instantly sent to the buyer and funds sent instantly to the seller through Ethereum.
The potential to solve real-world problems and achieve widespread adoption helped ETH prices skyrocket.
At the commence of 2018, ETH traded for just $7.98. So for someone who held ETH from Jan. 1, 2018, to Jan. 1, 2018, that’s a build up of 9,370.67% te 12 months.
At just $7.98, a minimal investment wouldn’t have killed your portfolio if the prices plummeted to pennies.
But the profit potential wasgoed thick.
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And one of the coins wij’re about to voorstelling you is trading under $0.Ten right now. If prices everzwijn crossed just $1, a $500 investment could turn into a potential $Five,555 windfall…
Plus, wij know thesis coins have the potential to soar, because the crypto industry is only just beginning…
Why Cryptocurrencies Still Have Life-Changing Potential
If someone tells you cryptocurrencies aren’t valuable, just ask them what the 2014 Jamaican bobsled team has to say…
The team qualified for the 2014 Winter Olympics, but brakeman Marvin Dixon exposed there wasn’t enough money for the Jamaicans to travel to Russia.
When members of the Dogecoin (DOGE) heard about this, they desired to help out.
Trading Cryptocurrencies Securely
The price of Bitcoin could climb to $1 million just spil lightly spil it could fall to pennies.
That’s why you should never invest more than you can afford to lose.
But there are long-term profit opportunities investing te the right cryptocurrencies, like the 1,364% build up Bitcoin holders witnessed from 2018 to 2018.
Dogecoin wasgoed created te 2013 by Jackson Palmer, and it’s marketed spil a friendly and joy Internet currency on its webstek.
The DOGE community rallied together and raised $36,000 worth of DOGE to help send the Jamaican team to the 2014 Winter Olympics, according to The Los Angeles Times.
You see, if just one person sends a cryptocurrency to another person spil a form of payment, it has value.
Right now, all cryptocurrency coins have a total $548 billion market cap.
And the worldwide blockchain technology market wasgoed worth $339.Five million te 2018, according to Statista.com. By 2021, that’s expected to skyrocket 592%, to $Two.Three billion.
That shows us that wij’re only ter the beginning stages of the cryptocurrency revolution.
When you combine a network that solves a problem and offers its own coin to lodge transactions, request for a cryptocurrency can skyrocket…
By using our cryptocurrency qualifiers, you’re able to drill down from the 1,400 cryptos to the most potentially profitable ones to create a list of five…