Cryptocurrencies are not underestimated to invest in the next month November 23, 2018 November 27, 2018
Many people think that cryptocurrencies are approaching the end, now that prices have fallen, but a smart investor will see the opportunity to buy.
The basic rule of investment is to buy when the price goes down and sell when the price goes up.
If this is what you want to do, here are some cryptocurrencies on which you can invest now with these discounted prices for the year when everyone is cashing in to buy some Christmas gifts.
Best 8 cryptocurrencies to buy in December 2018
Without a particular order:
During the period when bitcoin was $ 20,000, many people said they would rather the bitcoin go down to a more tolerable price like $ 5,000 so they can buy more and then HODL until the price rises again, well, that time has arrived, is bitcoin is totally deflated, it is at $ 4,500.
Now it depends on what you think of this. This is the price of barebones without any exaggeration that is added to the price, without any pumping of prices, without the mass hysteria and the fear of losing.
Is this the new bitcoin base price, the price will fall further, or will the bitcoin still increase? If this is the last one, then this is a discounted price that could end up with a huge ROI if you're patient enough and you can HODL until the bitcoin resurrects.
Despite the fluctuations in prices and the lack of hype, it is obvious that the penetration of the bitcoin market is increasing. More and more traders are accepting bitcoins and maybe we are not that far away from the day when bitcoin is mainstream. Transactions are insanely fast and almost free, so the biggest bitcoin problem has been solved. How could it disappear from the world? The father of all cryptocurrencies is the most resilient of them all.
We all know that Ripple is not a true cryptocurrency because it is centralized and fundamentally owned by the banks. But this is its main advantage: it is the only cryptocurrency with a clear purpose in a world based on money.
More and more banks are planning to use Ripple for their internal jobs, and the price of a single currency is not very important for this, but the market has responded to one of the most popular altcoins in the world right now. Currently, XRP is less than $ 0.50, which is much lower than its maximum price of $ 3.50 when the price has been pumped.
Even when it deflated towards March 2018, it still remained higher than the current price, and was mostly around $ 1.00 before a slow and gradual decline to its current price. If there is a coin that could see a return to its former glory when it comes to price, then it is Ripple.
EOS could suffer a drop in prices like almost all other currencies, but just like Stellar, it is a good project that deservedly arrived in the top ten according to market capitalization.
EOS.IO it is a blockchain protocol powered by EOS and functions as an intelligent contracting platform and a decentralized operating system for the development of decentralized industrial scale applications.
There are no transaction fees and millions of transactions per second are possible, so this is a truly high-tech project that deserves to exist. The the highest ever price of EOS coins was $ 20, is currently the price is under $ 4. There is a good chance that EOS will rise again sooner or later.
If the bitcoin is undervalued at the moment with its decline from $ 20k to $ 5k or 25% of its previous value, then what can we say about Ethereum, which increased from $ 1,400 to $ 130 or less than 10% of your previous price?
It is a discounted price that we could have only dreamed of at the beginning of the year. If you believe in the functionality of Ethereum's smart contracts and if you believe that the currency itself has value and will rise again, then it would make sense to invest in it now.
The coin could not fall long before another increase begins. Perhaps the clamor around the ICO is over, but perhaps gives life to some real Ico that are not scams.
If bitcoin is the main currency used as currency or as a deposit of wealth, Ethereum is the main intelligent currency of the contract that allows many interesting things like ICOs. This is not going anywhere, and just an ICO regulation to protect investors and Ethereum will fly again.
Stellar seems to have a mind of its own and does not really follow the trends of other coins. It has its ups and downs, and an intelligent trader can take advantage of these dances between $ 0.20 and $ 0.25 per coin, which basically means you can get 25% of ROI if the price rises again to $ 0.25.
Overall, the highest ever price was $ 0.80 and a recent high was around $ 0.40.
Stellar is a good project that deservedly reached the top five based on market capitalization, and not so long ago it was not very high on the top list of the market.
Stellar is another currency that wants to enable fast global transactions that cost a fraction of a cent, and its purpose is to facilitate low-cost payments between different currencies. Transactions resolve within 2 or 5 seconds. This is an incredible currency that integrates with banks and payment systems, and we hope it will succeed in its mission.
Cardano is the decentralized distributed computing platform that implements blockchain technology for the ADA coin.
It is entirely open source and is one of the best projects in the crypto world. When it comes to price, the currency has been falling for a while, just like most others, and the the current price is less than $ 0.05 per currency while the the maximum was $ 1.20 at some pointand for most of the second part of this year the price seemed to have stabilized at $ 0.08.
This is primarily a currency for those who believe in this project, but there is money to be made even if you are just a trader.
Tron it was $ 0.22 and now it is available only for $ 0.014 or less than 10% of its previous value.
Despite falling prices, this currency is increasing in importance and is a stronger project with the passage of time and a greater number of investors. This coin promotes the entertainment industry and wants to be the currency that allows users to upload and download various types of media without having to use any intermediary.
It means that this currency has a real purpose and an effective niche in which it is used. If you believe it, the return on investment could be huge.
Bitcoin Cash (BCH)
Bitcoin's money was it should always be 10% of a BTCand this is a project that has no other purpose than being pumped and discharged by Roger Ver and his associates.
Initially the project promised that it was a cheaper and cheaper alternative to bitcoin, and gained some traction on the market, but now it seems useless when bitcoin is cheap and fast.
Bitcoin Cash now has only 0.05 BTC, so half of what it should be, and it is possible that it is nearing the end of its life. Buy only if you think there will be another Ver pump.
As many people already know, Zcash's main power lies in its anonymity. While every transaction performed on bitcoin blockchain is fundamentally public, Zcash offers true anonymity as there is no way to trace the origin or destination of the transactions.
At a certain point, one Zcash was worth nearly $ 900while it is only 10% of that price is worth today. This is a coin that many miners of graphics cards are extracting, and has a perfectly good use as the most known currency that is truly anonymous and untraceable, and is therefore very durable, is definitely here to stay. The only question is that the price will increase again.
Sooner or later, it will probably do so, and Zcash has the power to beat other coins and remain among the top ten most popular coins in the years to come.
As a bonus, here is a list of some cryptocurrencies that you probably should not invest.
Litecoin is a fork bitcoin a little more efficient and, just like in the case of BCH, it is a currency that exists only to solve the slow and expensive bitcoin transaction problem.
Because bitcoin transactions are not slower and more expensive, Litecoin does not have a purpose. There was talk of the fact that Litecoin was used directly with some big card companies, but the deal went bankrupt and Litecoin came back where it was. Unlike many other projects, Litecoin is a very simple project that does not deserve to be in the top ten of cryptocurrencies.
Something similar to Dogecoin that was created as a joke. Litecoin is not too far.
How to buy these coins?
For those who do not yet know how to buy altcoin, the best way to do that is to sign up with a bitcoin exchange, like Coinbase, and buy some bitcoins using your credit card or some other payment method.
Bitcoin is still used as the main trading currency with which you buy all the other cryptocurrencies, the so-called altcoins, and this is another reason why bitcoin is not going anywhere and another reason why coins that want to take on the role of bitcoin (Bitcoin Cash, LiteCoin and others) I'm not able to do that – mostly you always buy them using bitcoins first.