Cryptocurrencies are digital currencies, also called virtual currencies that act as a medium of exchange and are made financially secure through the technology of cryptography, in which you can not spend the same coin twice. Many cryptocurrencies are formed on the basis of blockchain technology. If you are looking at entering into the world of digital currencies, this is a good choice as there is so much profit to be made in this industry. t
That is of course if you know how to play your game right. In this article, we will be looking at top cryptocurrencies to buy/put money on in 2019/2020. There is no denying the fact that some cryptocurrencies are better in worth than others. So, here is our list of recommended cryptocurrency investments;
Bitcoin is obviously and undoubtedly the best cryptocurrency you can invest right now in 2019/2020. Bitcoin is still one of the most secure cryptocurrency you should invest in. The price of Bitcoin has become more reasonable over the years, also buying of Bitcoin from any of the crypto-currency exchange outlets like coinbase is now very fast and easy to do. You’re also able to store your Bitcoins in online wallets. Bitcoin is probably the biggest cryptocurrency out there and it has over 40% market share in the cryptocurrency world. What’s not to invest? Bitcoin still unarguably dominates the market. Although, the price of Bitcoin frequently fluctuates regularly, you just need to stay up-to-date with the current cryptocurrency trends.
Ethereum is another cryptocurrency that has boomed in recent years. It has experienced a growth surge in 2017 and since then it has been topping the list of cryptocurrencies. In 2017, Ethereum grew by about 3,00% and in 2017, it became the second largest cryptocurrency in the world, only behind Bitcoin. It has been estimated that the market cap for Ethereum would rise up to 200 billion dollars by 2019 ending. A lot of technological advancements have also been promised by the Ethereum developers. So, in all of these, you do not want to miss out on trying Ethereum out. I tell you!
As of November 2019, 1 DASH equals to 53.62 Dollars. DASH was built based on the Bitcoin software but it has its own advantages. It actually has faster speed of transaction and more security privacy than when compared to Bitcoin. DASH was released in 2014 and its name is a combo of “digital” and “cash”. DASH has features unique to it that makes it stand out from Bitcoin and Litecoin. It has the PrivateSend, the InstantSend and Masternodes feature. The InstantSend feature is a strong point for you to want to invest in DASH. It takes just a few seconds for a transaction unlike Bitcoin which takes up to 10 minutes.
4. Cardano’s ADA
Cardano’s ADA is another cryptocurrency to buy in 2019/2020. You can buy the currency from coinmama.com, Cardano, Coin Switch crypto-currency exchange and others. Cardano is considered to be among the best blockchain currencies in the world today. The ADA cryptocurrency is also sold on Cardano itself as well, so you can buy directly from the Cardano company. It is believed that the ADA cryptocurrency will strongly compete with Ethereum in 2020.
5. Ripple (XRP)
Ripple has one of the largest total market caps of all the cryptocurrencies. XRP is the cryptocurrency used by Ripple payment network. You can buy and sell the XRP cryptocurrency safely from the Ripple company. It is very secure. The current price of XRP is 0.20 Dollars. Don’t let this figure discourage you, as the price of XRP is very likely to rise again very soon by early 2020! You don’t want to miss out!
Litecoin showed a growth increase percent of over 8000 in 2017. This tells you a lot from the onset right? When mentioning the top cryptocurrencies to buy, we can’t leave out Litecoin. Litecoin started in 2011 as a spin-off of Bitcoin and as of November 2019, 1 Litecoin equals to 46 US Dollars. You can sign up with a number of cryptocurrency trading sites to start trading Litecoin. Litecoin has been predicted to have its value rise to $250 at the end of 2019 and to over $500 by the ending of 2020.
All in all, the six listed cryptocurrencies above are some of the best digital currencies you could put your money on right now.