Cryptocurrency - Investment Advice
You have no doubt seen the explosive growth in the value of crypto-currencies like Bitcoin or Ethereum - or more generally, that of the total capitalization of virtual currencies.
And some of you may be biting your fingers for not investing in time to take advantage of these hikes.
But it may not be too late to invest in crypto-currencies !
Because cryptocurrencies are only in their infancy. We can probably imagine that their value should continue to rise in the months and years to come.
Then there are many other crypto-currencies whose creation is much more recent, and which may hold a significant upside potential.
The meteoric rise in the value of crypto-currencies ...
With already more than $ 100 billion in total capitalization, the value of cryptocurrencies is growing extremely fast.
- Total capitalization of cryptocurrencies
By comparison, Carrefour is worth around 18 billion euros, and L'Oréal 105 billion euros.
And while Bitcoin is still first in terms of capitalization, it is far from being the only player: it now weighs more than 40% of the market. New crypto-currencies, more efficient, and with wider areas of application have emerged over the months: Ethereum, Ripple, Stratis, ...
- Crypto-currencies are assets almost like the others
Investing in crypto-currencies is quite similar to a conventional investment in commodities such as gold, diamond, iron, etc.
What must be understood is that these conveniences derive their value from their utility. Indeed, they are used every day by individuals and companies.
Crypto-currencies, if they do not constitute tangible goods, will also be useful: in financial transactions, in the execution of contracts, ...
It is above all this utility in which it is relevant to invest, by asking the following question: does the cryptocurrency that interests you bring real added value?
- Many cryptocurrencies have no interest
And yes. With more than 4300 different crypto-currencies in circulation, it is clear that most of them do not have much interest. Imagined by Internet users looking for quick wins, we can think that they will not last long.
Examples ? Currencies such as LePenCoin or PutinCoin seem to be far from being attractive investment opportunities.
Our advice: be vigilant before investing in cryptocurrency. Strive to find out from several sources to make a wise investment.
So one question, what are the best cryptocurrency to invest in 2018?
Apart from Bitcoin and Ethereum, there are hundreds of crypto-currencies with interesting potential.
But here are the four that I think are the most promising:
Ripple
Dash
Ubiq
Stratis
I hope you like it!
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