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 “
Best Long Term Cryptocurrencies to invest in 2020
I want to tell you about some best long term cryptocurrencies that could potentially be great buying opportunities in the coming months of 2020.
There are a handful of altcoins that if you invested in past years, they would have given you a better return than bitcoin.
As cryptocurrencies are becoming popular more people are seeking investment opportunities in altcoins.
We’ll give you the list of best altcoin worth investing in.
TRON (TRX) – Fantastic long term altcoin for anyone interested in media and communication.
Tron (TRX) grew by more than 2,000% from December to January 2019. This is just three weeks growth. Do you know exactly what tron is? Or do you still wonder “What is Tron” ?
Tron is a fantastic long term altcoin to invest for anyone interested in communication, media or entertainment.
TRX project is about a platform that integrates distributed support on YouTube and Netflix like media sites.
Tron uses blockchain and P2P technology, it is a decentralized platform for entertainment, content sharing.
Think of it as asocial media where you can create and share your content to anyone in the world.
TRX/Tronix is the basic unit of currency in Tchain blockchain. It is the currency you pay for its content. Its symbol is “TRX”.
Litecoin (LTC) – Clone of Bitcoin
Another long run altcoin LTC is still one of the best altcoins to invest in 2020, Litecoin price has increased by 7000% since the beginning of 2017. If we compaire it to bitcoin, it has increased by 1700%.
An ex-Google employee named as ” Charlie Lee ” created the Litecoin with a vision of lighter bitcoin.
Then, on October 7, 2011, litecoin was launched through an open source client on GitHub. The Litecoin network became operational on October 13, 2011. It is known as a Bitcoin Core client fork.
In a way it is clone of bitcoin.
Similar : Best Cryptocurreny to invest 2020 “IOTA”
Digi byte – Highly Community Driven
Digi byte token currently ranked as number 64 so it’s a nice mid cap level coin and one of the best long term cryptocurrencies to invest.
The reason that digibytes makes today’s list is because in July digi bite is going through its crypto algorithm swap, We all know that means.
Before we talk about what this means to you as an investor of digi byte.
What differentiates digi byte from other similar cryptocurrecies ?
Digi bite was launched fairly way back in 2014.
Launched fairly meaning that there was no ICO, no pre mine and no centralized company behind the project.
So digi bite is highly community driven and because of the fair launch it is highly decentralized as compared to other similar cryptocurrency.
Another differentiator is digi bytes speed right now can handle over 1,000 transactions per second but the differentiator with digi byte mean how do they stay scalable as their ecosystem grows well.
The difference with digi byte is that every two years a hard fork happens that doubles the block size / capacity of the network until the year 2035.
So right now can handle thousand TPS by the year 2035 it will be able to handle over 280 thousand transactions per second.
Big difference is :
Similar : Best Cryptocurreny to invest 2020 “WCX”
They uses 5 different mining algorithms which are equally weighted as opposed to Bitcoin for example we just uses one algorithm so that you can mine digibyte on a piece of hardware or just at your home computer.
Now let me be frank digi byte is highly community driven and because it really have no centralized entity behind them they’re not on top exchanges like by banance or Gemini or coinbase.
But in spite of these lack of exchange listings at least on the bigger exchanges still maintains its mint cap status.
So despite ontology having a way higher market cap and being a Chinese coin digibyte, once the community vote this is gonna really help Dig bytes volume.
Similar : Learn How to earn free Cryptocurrency ?
BAT TOKEN / Basic attention token – One of the best altcoins to invest.
BAT token currently ranked in the top 31 for most valuable crypto currencies by market cap and currently trading at about 29 cents per BAT token.
- 3x faster Browseing
- Block ads & trackers that follow you around
- Get rewarded for browsing
BAT has made a ton of progress coming off of June, july and looks like it’s continuing that growth into September.
BAT have their brave android update means that you are now able to earn basic attention token through your Android.
Right now it’s available on your PC, on your Mac and on your mobile also, you can start earning basic attention token on your PC or mobile just by doing what you always do.
The majority people spend most of their time perusing their web on their phone probably around 50 percent if not more. So this mobile update is gonna add to the ecosystem help spread more BAT token to other BAT holders.
In few month, the number of people using BAT in the basic attention token ecosystem has continued the growth. So basically this token is a coin to keep your eye on and the significance is because we saw all this growth in 30 days where alts were really draining
And the market was pretty much trading sideways meaning that we’re continuing to see this growth even though we’re not really seeing any new people enter the crypto space.
Lets see what kind of growth we’ll see from brave browser from basic attention token once new people do enter the space.
Tezo’s coin – Blockchain that Governs
Tezo’s currently ranked 22nd and right now trading a $1 and 22 cents per coin. One the adoption hype around tezo’s at the moment leading many to speculate that tezo’s could potentially be a top 10 coin in the near future.
And when I say adoption hype around tezo’s project just had a major green flag now that we know Latin America’s biggest investment bank will be using tezo’s.
What is Tasos ?
Tezo’s is a new decentralized blockchain that governs itself by establishing a true digital Commonwealth.So tezo’s is a smart contract platform much like ethereum and has governance models that’s very similar to EOS.
The difference with tezo’s among other things is their smart contract platform and governance.But the difference with tezo’s is how their smart contracts have their own domain-specific language called Mickelson.
Mickelson is a programming language that supposedly makes it easier for the average developer to read and write and develop code
And it’s for all those reasons that tezo’s is banking on & will be the reason that developers come to their platform and Tasos is very much more decentralized than a lot of its competitors in terms of nodes.
By comparison iOS has a huge market cap they have a lot of money but they are very centralized minimal nodes and tezo’s a newer project despite its minimal market cap has the most nodes compared to Finance Tron cosmos ontology.
Similar : A Global Lotto Project “DONOCLE”
So the decentralization is something I like about the project and of course the reason that it makes number one for the July list is because Latin America’s biggest investment bank to sell 1 billion dollars in STO using tezo’s now.
STOs are going to be the future because obviously they’re more compliant than icos and this adoption is going to give huge use case to the tezo’s blockchain.
This is the most recent green flag for tezo’s but as we know coinbase also choose tezo’s as the coin they want on their exchange that they allow staking services.
Which means that coinbase saw institutional demand for a stake in coin and they chose tezo’s so as more institutions as more investors come into the space.
And if their interest earning passive income and having coinbase handle to custody, tezo’s will be the coin that they can earn some passive tezo’s by staking.
Best Altcoin to Mine in 2020
In 2020, I would rather prefer Altcoin mining than Bitcoin mining !
If you only invest in the Bitcoin and looking for altcoin for some short-term profits, you can also take short-term advantage through cryptos such as ETH, ETC, XMR………etc…..Easy !
Bitcoin is now part of the everyday life, although many people still do not fully understand its work mechanics.
Most people are not aware of the scope in the cryptocurrency sector and also about investment in Altcoin mining.
People think that the mining competition is very intense. But the truth is, you can also start extracting some altcoins from your home if you have a computer.
Now Bitcoin is very far to mine for small investors. It is like pushing a mountain with your small hands.
But if you are a small investor who wants to dive for the first time in crypto-mining, do not worry because this mining is not limited to bitcoin as there are many altcoins out there to mine as well.
Know why altcoins are best to mine !
Altcoin means “alternate for Bitcoin”, it is also a digital currency. It is a substitute for Bitcoin”. Altcoins are created by extending the basic rules of Bitcoin or developing a whole new currency.
Five Good Altcoin Mining options in 2020
Now there are thousands of Cryptocurrency in market which offers a good opportunity to profit from mining.
Although by market capitalization Ethereum is the Second or third largest cryptocurrency, it is also for minors with graphics cards.
This is mainly due to the extreme decentralization of the Ethereum network. Crypto mining Ether will be profitable in 2019 as expected.
Another advantage of mining ETH is that Ethereum is one of the biggest blockchain projects and therefore probably will not disappear soon.
Ethereum supporters even expect Bitcoin to be the first cryptocurrency to be passed on.
Monero oscillates between profitability and small losses. So, you want to keep an eye on whether it’s profitable for you at all times.
The benefit to monero and one of the reasons it’s still relevant for 2019 is that it’s the most privacy-friendly altcoin and the tenth largest market capitalization.
Many of the first blockchain users, such as monero, are responsible for their privacy and anonymity.
It is also popular with GPU users as the monero development team is working to maintain monero’s resilience to ASICs.
They are so committed in this direction that they modified their algorithm early in 2018 in response to the ASIC system that Monero can exploit.
This is another reason why you will enjoy mining this Altcoin in 2019. You can be sure that it will always be accessible to homeworkers with a simple GPU.
Since the start of Bitcoin in 2008, Zcash has become one of the newest coin of crypto currency blocks. Over the years, many cryptocurrencies came from all over the world and were inspired by bitcoins, like Zcash.
Zcash provide additional security or protection when all exchanges are distributed on a blockchain, but key elements such as sender, recipient and the total remain confidential.
With Zcash, users can also send public payments that work in the same way as Bitcoin. By supporting protected and transparent addresses, users can send Zcash privately or publicly.
Payments sent from a protected address to a transparent address reflect the balance received, on the other hand payments from a transparent address to a protected address protect the value received.
Zcash uses zero Knowledge Certificates, in short one person (the prosecutor) may prove to second (the verifier) ?? the accuracy of an assertion without showing information that goes beyond the validity of the statement itself.
If you only want to use Zcash, you can shop online through a stock exchange or you can mine it.
As You know ZenCash renamed to Horizen, it was just a brand new image.
It’s actually an extension of the brand. This is one of the steps in a series of updates to improve the project and open a new acceptance chapter.
Although the new name does not change the legacy or ZEN’s goal, it represents a refreshing opportunity to connect the project to new technologies.
Zencash is fork of ZClassic, which is a same as the ZCash coin.
In year 2014, VTC created as a decentratized crytpocurrency i.e. Vertcoin, VTC is an open source altcoin.
VTC secures the network and verify transactions by using proof-of-work mechanism.
David Muller founded the Vertcoin in early 2014. He uses Bitcoin concepts as a basis & doing some modifications.
Vertcoin, is decentralized by penalizing ASIC miners. It has one click software to mine the coin.