The best cryptocurrency to invest in 2020 – Year 2017 was an ideal year to invest in the most promising cryptocurrencies as cryptocurrencies performed well, They continue to develop well and attract new investors.
However, 2018 and 2019 were not so ideal for investors due to the very volatile crypto nature and other global factors.
In 2020, people will have questions like, “What is the new cryptocurrency to be invested in 2020?”
These are very good long-term investment markets with big long-term gains.
Therefore, it is important to understand the potential and characteristics of cryptocurrencies before considering them as an investment.
What is the best cryptocurrency to invest ?
However, most people found it difficult to find a good cryptocurrency investment in 2019 because of the fluctuating market !
As a beginner, it’s very confusing to first look for new investments in crypto world. Do not worry this article will guide you in the right direction.
So, In year 2020 you are looking forward to invest in cryptocurrency !!! Don’t worry you are at the right place. Below we will discuss about some good coins to invest in.
Are you intrested in Cryptocurrency ?
Well, By the end of this post. You will have basic idea how these things works and you’ll be able to find best cryptocurrencies to make smart investment in 2020 by yourself.
Recent Crypto Market
Primarily Bitcoin is the First Concept and inspiration for many who implemented a concept known as “Blockchain & Cryptocurrency “.
An inspiration that WeiDai represented in 1998 on the Cypherpunks mailing list, and represented a brand new type of currency approach.
Instead of a central authority, block chain is used to control its creation and transactions.
The primary Bitcoin specification and therefore the POC ( proof-of-concept ) were revealed in 2009 by Satoshi Nakamoto on the cryptography list.
In Year 2010, Satoshi did not reveal much about himself and left the project in late 2010 . With several developers commencing to use Bitcoin, the community has full-grown exponentially.
Satoshi’s obscurity typically raises unreasonable considerations, several of that area unit associated with the misunderstanding of the open supply nature of Bitcoin.
Software & Protocols of Bitcoin are openly published in public and market.
Any developer round the world will read the code or produce their own changed version of Bitcoin package.
Just like the current developer, Today Bitcoin inventor’s identity is as relevent as the inventor of paper, He is also associated with the identity of the one who made-up the paper.
Below mention chart of Bitcoin price from Coin Market Cap shows the growth of cryptocoins from 2013 year to 2018.
IN 2019 : BTC value at the end of year $ 7,193.60
A Bitcoin price was risen from about $ 75 (2013) to $ 20,000 (December 2017).This means that if you invest $ 225 USD in 2013, you will receive $ 60,000 USD in 2017.
In Year 2018, BTC price fell sharply and it was really crazy!
Similar : Best Altcoin to invest ” Goose Q coin”
Bitcoin Investment 2020
If you would like to invest in Bitcoin (BTC), you ought to grasp the most recent news and trends regarding Bitcoin.
If bitcoin prices fall sharply, this could otherwise be a decent time to invest in Bitcoin.
But If you believe in bitcoin and cryptocurrencies, 2020 is really a good time to consider and invest in crypto.
Marketcap : $157,926,432,665
Circ Supply : 18,163,200 BTC
Bitcoin : As a good crypto investment
Are cryptocurrency a good investment ?
Answer is : You should need to stay upto date with latest news and trends about bitcoin if you are thinking of investing in bitcoin (BTC).
If any news of new technical improvement released, you might want to think about buying.
When there is huge fall in bitcoin price this might also become a good invest time in this promising cryptocurrency.
If you believe in bitcoin and cryptocurrency then you can think about investment in best cryptocurrency to invest.
Similar :Earn Free Bitcoin and Cryptocurrency
Ethereum : cryptocurrency with high hopes
ETH is also a good cryptocurrencies for investment in 2019. Ethereum starts at roughly the same price.
In 2015, the price was $ 0.7 USD, reached $ 720 USD in the end of 2017.
At the beginning of 2018, Ethereum’s highest price was $ 1,423 USD.
At the starting of year 2019″ JAN month”, Ethereum price is $ 118 USD.
Investing in Ethereum
Ethereum grew 3,000% in 2017, becoming the second largest cryptocurrency after Bitcoin.
You’re questioning currently that it’s too late, however currently individuals have lowered the worth of Ethereum to $ 118 USD, that has born from $ 1,423 to $ 681 to $ 118 USD.
Its the best time to buy when ETH is low.
How is Ethereum different from Bitcoin?
Ethereum is an advanced blockchain project, and the next line shows you the power of this blockchain technology. This allows developers to create their own cryptocurrency.
Similar : Best Altcoin to invest ” Phoneum Coin “
Ripple : Future bank cryptocurrency
Ripple or XRP is one among the foremost powerful crypto with a rate of growth of over 3,000% growth.
XRP price goes form 0$ at the beginning of 2017 to 2.5$ at the end of 2017.
Invest in Ripple
But in 2018, Ripple rates also drop like all cryptocurrencies. It drops to 0.68$ USD and Lower.
But in the start of year 2019, XRP is currently 0.32 USD
Now you think you have missed an opportunity not to invest in 2017, but you still have a great opportunity.
The price is much lower than that of Bitcoin, but comes third after Bitcoin and Ethereum (by market cap).
Why does one assume it is so popular and promising cryptocurrency ?
The answer is, “It’s a digital currency and a payment system that can handle secure international transactions.
In the near future, the monopoly of the banks could end, or the national banks themselves will use ripples in international transactions.
American Express, JPMorgan Chase and Santander are big financial institutions and already use XRP technology.
Note: – As Ripple prices fall over 70%, this may be the promising cryptocurrency for long-term investment. Ripple is also the best crypto currency with an investment of less than a dollar.
Similar : Best Altcoin to invest ” MIB Coin “
Electroneum : Cryptocurrency with new concept
Electroneum, also known as ETN, is a mobile cryptocurrency designed for large-scale adoption.
Launched in September 2017, ETN is currently among the top 100 cryptocurrencies.
This may enable over 350 million smartphone users in developing countries to enter the digital marketplace for the first time, making a brand new market of $ 3 trillion.
Investing in Electroneum
- Market Cap of $41,079,487 USD
- Circulating Supply of 9,960,288,087 ETN
It is speeding very fast as ETN has mobile mining concept (not actual mining) and giving free ETN through their mining App.
Like other cryptocurrencies, it’s a digital currency created using blockchain technology.
What’s the difference?
ETN has a very successful ICO, but now the price of ETN has fallen from $ 0.18 to $ 0.006, which is why this is the best time to buy electronics as a long-term investment.
However, in October 2018, Electroneum began to rise and rise due to numerous agreements with mobile partners, more than 100 million users worldwide. There are currently 46 items on the list of coins.
According to experts, it has great potential and will show more growth and price increases.
Many people have joined etn team and they has many plans in their pockets to achieve great success.
It started growing by 200% in October and has grown strongly.
It is the best time to buy electroneum as a long term investment, when its price is about $ 0.0068 USD.
Similar : Know More About Mobile Mining
Current Price is $0.0068 USD / 0.00000187 BTC.
Resent growth shown in the chart
If it follows the road to mass adoption of ETN. It will be a game changer in crypto world.9,960,288,087 ETN
Similar : Best Altcoin to invest ” MaidSafeCoin “
WhiteCoin : Hidden and most promising cryptocurrency with huge opportunity.
XWC / Whitecoin is a cryptocurrency which is four years old. It is a decentralized global block chain focused on network security, payments and secure communications. Whitecoin is not controlled by one person, but by a dedicated community of supporters.
Invest in White Coin crypto
XWC is PoS/PoS hybrid coin now in PoS phase. It has :
- Market Cap : – $2,086,850 USD / 240.88124918 BTC
- Circ. Supply : – 250,183,629 XWC
It is adaptable with democratic and merit based processes. And also has Eco friendly platform as it works on PoS / Proof of stake model
Whitecoin network is extremely quick and can facilitate payment with in a second.
The price of XWC at the beginning was $0.002 and the current price is $0.09, it has shown significant growth.
Whitecoin is really great opportunity for investment as it is showing steady growth. It particularly focus on
- Faster Payment
- Cyber Security
- Secure Communication
XWC is of the best cryptocurrency to invest in. You can trade XWC on below mentioned crypto exchange :
Whitecoin is one of the most promising cryptocurrencies which is not as popular as it should be.
Similar : Best Altcoin to invest ” VTC “