“Top Altcoins to Invest in: How To Make Smart Decisions with Your Investments” is our main topic.
What is an altcoin?
I define an altcoin as a “cryptocurrency” that is issued as a competing or side-chain to Bitcoin (or any other dominant cryptocurrency).
The idea is to create an alternative to Bitcoin or any other cryptocurrency with a focused or specific application.
Some examples would be: Ethereum Dash Steem Darkcoin Once you write your intro, you will be writing a few different posts in your Intro series: Welcome to my “Intro series”: Introducing the world of altcoins with The Prevalence of Altcoins in the Cryptosphere I took a lot of notes while I was working on this article (unfortunately none of them are even halfway done!).
If you are interested in taking a peek, I have a portion of it here.
Consider investing in Ethereum
If you are a big bitcoin advocate and are looking to invest in the future, then take a look at Ethereum, one of the newest members of the Bitcoin family.
Ethereum is a decentralized blockchain platform, which focuses on fast transaction processing, with a large community of developers, investors, and enthusiasts.
As a result, it has managed to attract a lot of investors, to the extent that the value of an Ethereum token is currently $18.3 billion (as of September 2017).
Developers and crypto enthusiasts will be the ones to benefit the most from this platform, as its ecosystem will become more robust and more accessible.
If you are interested in this type of investment, I highly recommend taking a look at Ether.
Consider investing in Litecoin
Litecoin is trading at $41.42 today. It has risen over 1,600% over the last month, having been valued at around $9 at the beginning of September.
This is the largest increase of all of the altcoins on this list, and in fact, the whole cryptocurrency market has experienced the most impressive increase of all. But it’s not the only coin that’s rising.
The popularity of Litecoin and other altcoins started when bitcoin became too expensive, but now it’s time to focus on what’s happening below that top line.
If you’re serious about getting involved in the new economy and being an early adopter, then consider buying litecoin as it’s by far the most diversified coin by market cap.
Consider investing in Ripple
Ripple (XRP) is the official Ripple token in the world and Ripple makes it possible for any single entity to transact on the Internet for any amount of fiat (other than U.S. dollars).
Ripple works by establishing a digital money network, known as RippleNet. Ripple network nodes connect with Ripple server nodes so that the XRP digital currency can be exchanged between entities.
The XRP ledger records transactions between the node and the server. The ledger is transparent to any user, as it is publicly viewable on the Ripple website.
Since there is no middle man, Ripple offers reduced costs of connecting multiple entities. Ripple allows for lower transaction costs, less time for confirming transactions, and low latency of transactions between participating entities.
Top 5 Altcoins to Invest in
Describe why you are investing in those cryptocurrencies. If you are curious about space and want to see if any coin is worth an investment, you can buy coins on an exchange.
If you are looking for a profit, I recommend you do your research to find which coin has the most potential, the highest volatility, and the best opportunities.
A good place to find coins with potential is a list of altcoins that have their price on an exchange. A few you can find by following a specific coin in your space that is connected to a blog or website.
It would be helpful if you could link to your post on the coin you recommend. If you don’t know how to write a blog post that covers a specific coin, then consider creating a coin post if you are so inclined.
Comparison of Ethereum and Litecoin
You can read this very detailed comparison of Ethereum and Litecoin here. It compares the two cryptocurrencies and explains why one is superior to the other.
You will be able to understand the pros and cons of each and make an educated decision when it comes to investing in either one. Conclusion So this concludes my article.
I hope that this helped you understand a little bit about the crypto world and helped you gain some more knowledge. The crypto revolution is just getting started and what you can expect is even bigger.
If you have some time to spare, please take some time to go to some of these websites I have linked above, start researching, and learn a lot more about the digital currency world.
Also if you have any questions or suggestions feel free to leave me a comment below.
The top altcoins to invest in
Here are the top altcoins (bitcoin-like currencies that still have an unregulated and untrusted Internet connection) and their market caps, where they are currently trading, how much of a portion of the cryptocurrency market they hold, and whether they are profitable.
Ether – $94 million Ethereum – $153 million Bitcoin – $1.5 billion Litecoin – $116 million Dash – $8.8 million Ripple – $31 million Litecoin Cash – $6.1 million As the table shows, most of these are currently making a profit and trading for below their listing price.
For example, Ether was priced at around $10 at the time of writing and is currently going for $36.25.
If you want to invest in any of the coins, make sure you understand what the coins do and what use cases they have, as well as how to buy and sell them.
How to make smart decisions with your investments
The following is a brief intro that describes what this article will be about and why it is important. General Internet overview.
Internet is the fastest-growing mass medium in the world with a current penetration of more than 55%. Accessing information, connecting with others, and sharing content is easier than ever, thanks to search engines, social media, and blogs.
Unfortunately, the vast majority of Internet users are receiving only the most surface-level information on subjects that have a direct impact on their lives and, to a large extent, also their physical safety and future opportunities.
This article will be focused on analyzing and presenting the effects of a technological revolution that has been taking place in the digital world.
Start with the most important action or reason for each coin to invest, then build on that and explain the various different facets of the coin you want to discuss.
In this article, I will be covering eight coins and six leading developers who should be researched thoroughly to understand the reasons behind this particular coin, and why it should be considered in a portfolio or financial plan.
Best Altcoins to Invest in Tether Tether is a cross-chain protocol for managing fiat currency pegged to Bitcoin and Ether.
Tether’s philosophy is “the execution of a fully automated, autonomous and self-contained financial system that utilizes the advantages of blockchain technology.” What is Tether? Tether provides a money-like incentive mechanism for adoption.