Top cryptocurrency to invest besides bitcoin in 2018-20
The world of cryptocurrency is moving really fast. Cryptocurrency as an investment option seems to be rising exponentially. Well, the numbers certainly are. Of late, the top digital currency has been attracting as many crypto traders and investors as gold, penny stocks or real estate, if not more.
Bitcoin currency is a trendsetter for all other top cryptocurrencies to invest in 2018. At the starting of last year, Bitcoin was valued at 1000$ and at the end of last year it was priced &14000 – unreal
Investing in top bitcoin alternatives can prove to be a highly profitable long-term as well as short-term investment. As these are new and low-valued in comparison to Bitcoin, and thus, have more chance to grow over the period of time. And let me remind you that the price of Bitcoin has reached this price in almost 8+ years.
There are more than 5000 digital currency in the world but I am going to shortlist the 7 top Cryptocurrency to invest besides bitcoin 2018 according to market cap, demand, future scope and value investment asset. The following 7 top cryptocurrencies to invest in 2018 are outliers and are the one which will increase by 2x to 5x in coming years
7 Top Cryptocurrency to invest besides Bitcoin in 2018
1- Ethereum –
Ethereum is second tradeable cryptocurrency after Bitcoin in the hierarchy of top cryptocurrency to invest in 2018 and undoubtedly one of the most promising ones among the top digital currency to invest besides bitcoin 2018.
It has shown impressive growth rates in the year 2017, proving itself as a game changer and a rival to Bitcoin. Although Ethereum operates publicly like Bitcoin, it comes with some features of its own.
Created by 19-year-old Vitalik Buterin in 2015, Ethereum is a decentralized software platform that enables smart contracts and Distributed Applications (ĐApps) to be built and run without any downtime, fraud, control or interference from a third party.
The biggest difference between Bitcoin and Ethereum is the use of blockchain technology. While Bitcoin’s blockchain technology records contracts, showing how digital funds have moved from one place to another, Etherum has expanded this concept. The Ethereum blockchain technology uses a far more complex scripting language, and its smart contracts can form complex applications that have a broad range of potential uses.
Due to the Ethereum features and its potential to change the world forever, it has caught everyone’s attention including corporations like Microsoft, Mastercard, BP, National Bank of Canada, Intel, Samsung, Toyota, Cisco, and other market giants. In 2016, an Ethereum-based VC known as The DAO amassed a huge amount of ether in a crowd sale, just to have almost a third stolen by a hacker. The event shook the online community, leading to a huge price drop.
Following the attack on the DAO in 2016, Ethereum was split into Ethereum (ETH) and Ethereum Classic (ETC). But Ethereum price is stable since then maintaining good growth rate. The market cap of Ethereum has slipped at third after Bitcoin and Ripple coin at the start of 2018. But regain its position and currently trading at 400$ to 900$ on best altcoin trading platform. Some experts even predict within 5 years Ethereum price will surpass the price of Bitcoin.
Buy Ethereum with the credit card instantly
- Coinmama – can also buy ethereum with cash
- E-toro – also allows buying Ethereum with PayPal instantly
- BitBay exchange
- Coinswitch – Indian instant cryptocurrency exchange buy with USD, EURO, INR, AUD
Buy Ethereum with Bitcoin and altcoins
Another easy way to buy Ethereum is to first buy Bitcoin and then convert it into Ethereum at a below-listed exchange
Note — Coinbase doesn’t facilitate buying Ethereum in India.
Litecoin launched on 13 October 2011, founded by Charles Lee, ranked second on the list of top cryptocurrency to invest besides bitcoin in 2018. Litecoin was among the initial cryptocurrencies following Bitcoin and was often referred to as ‘silver to Bitcoin’s gold.’
It’s also an open source pear-to-pear digital currency the same as Bitcoin and works on its own blockchain technology. Which has a faster block generation rate hence offers a fast transaction confirmation in comparison to Bitcoin?
In short, the Litecoin network has virtually zero commissions and allows you to send and receive payments at a rate 5 times faster than Bitcoin. The trend of Litecoin has always followed the Bitcoin. For quite some time, Litecoin was nothing more than a distant competitor for Bitcoin. Though it was far less valuable, it was still there as a potential alternative.
The breakthrough came in in May 2017 when the world’s best bitcoin exchange called “CoinBase” started to use Litecoin alongside Ethereum and Bitcoin. Since then, investors have begun to take Litecoin more seriously. Additionally, the digital currency has also adopted “Segregated Witness” blockchain technology which fixes problems that Bitcoin has yet to solve. The solution adds more capacity to the network and reduces transaction fees. Litecoin is the second most accepted cryptocurrency on websites that accept digital currency payments.
Litecoin could truly be a viable alternative to Bitcoin in the coming Years. The market cap of Litecoin is $8,708,372,101 with a value of around $150 to $189.54 for 1 Litecoin. Litecoin without a doubt is one of the top cryptocurrency to invest in 2018-20
Bitcoin exchanges to buy Litecoin with the credit card
Buy Litecoin with Paypal directly
3. Ripple coin
Ripple is a real-time gross settlement system network by ripple and lies third in the list of top cryptocurrency to invest in 2018-20. The Ripple xrp protocol was launched in 2012, by Chris Larsen and Jed McCaleb, founder of the OpenCoin company.
But unlike Bitcoin, which was born with the aim of completely bypassing banks and any kind of financial institution for any kind of transaction, Ripple coin is born with the precise purpose i.e. “working with banks to change the way they send money to the world” as stated on their website. It is a Centralised and pre-mined currency. Currently, Ripple is the third most tradeable cryptocurrency after Bitcoin and Ethereum on best altcoin trading platforms. Ripple is built upon an open source Internet protocol, consensus ledger and native currency called XRP. Currently, there is about 100 billion XRP in existence.
Some companies like UniCredit and Santander and even several major banks (such as Bank of America, Bank of England, and the Bank of Japan) have implemented Ripple into their systems.
Meanwhile, it has a market cap of $25,348,437,199 with a price around 0.6& to 1.2$ If you are ready to invest for long-term even for short-term then Ripple coin can definitely yield the high return on investment.
The digital currency has increased more than 4000% surpassing Bitcoin in overall annual growth at the end of 2017 but the Ripple price has dropped since then and valued around 1$.
But Ripple coin is considered as one of top cryptocurrency to invest which will create new millionaires as Bitcoin did. Realistically if we banked upon ROI then Ripple coin is ranked first in the hierarchy of top cryptocurrency to invest besides bitcoin 2018
Buy ripple with the credit card directly
Buy Ripple with PayPal
4. Bitcoin Cash
In August 2017, the Bitcoin blockchain spun off a more nimble iteration called Bitcoin Cash. It’s essentially identical to Bitcoin, but with the important distinction that it has more block size capacity. The biggest reason Bitcoin cash was created because of Bitcoin scalability limitation.
Let me make it simple for you. Bitcoin transactions are completed when a “block” is added to the blockchain. A full 1Mb Bitcoin block generally contains around 2000 transactions and generally takes around ten minutes to process. If you compare this to the 2,000 transactions per second that Visa can handle, you can see how scaling has been holding Bitcoin back
Hence, Bitcoin Cash is a solution to the Bitcoin scalability problem. It increases the block size to 8Mb. Bitcoin Cash has a market cap of $17,489,412,143, and 1 unit costs around 1000$ to 1200$ which is triple of its launch price. So for those who missed the opportunity to grab Bitcoin when it was below 1000$. Bitcoin cash provides the second opportunity for them to invest in “future Bitcoin” and one of the top cryptocurrency to invest besides bitcoin in 2018
Buy Bitcoin cash using the credit card
- e-toro – also buy with PayPal directly
- Coinswitch – Indian instant cryptocurrency exchange can buy in INR, USD, GBP, EURO, AUD
Dash (originally known as Darkcoin) is based closely on bitcoin software or it can be mentioned as another more private version of Bitcoin, branded as a privacy-centric digital currency with instant transactions. Dash offers more anonymity as it works on a decentralized master code network that makes transactions almost untraceable
Dash also offers instant transactions, whereas bitcoin transactions can take several minutes. Therefore, you don’t have to worry about transaction delay as it instantly appears to the person on the other side of the transaction.
On top of that, there are low fees that come with Dash even in some cases it’s free to send Dash. Launched in 2014, Dash has huge member base and one of the top cryptocurrency in the industry with high daily trading volume. It has undergone rapid growth in past few months, and able to sustain an impressive growth rate since its launch.
Dash has a market cap of around $3,148,733,516 at the time of writing this post. One dash costs $350 to $447.31. Given the technical advantages of this top cryptocurrency, it’s certainly a viable competitor and one of the contenders of top cryptocurrency to invest besides bitcoin 2018
Buy Dash with a credit card
Monero is a secure, private, and untraceable digital currency launched in April 2014 that focuses on privacy and decentralization. Since its launch, it is considered to be one of the top cryptocurrency to invest besides bitcoin and it has managed to do so by maintaining itself
Monero is 13th most tradable top cryptocurrency to invest in 2018. If we go according to overall trading volume
Monero is completely crowd funded and donation based. Monero is based on the CryptoNote protocol algorithm. This algorithm was invented to add multiple privacy features not seen in most cryptocurrencies. For this, it uses a special technique called ‘ring signatures.’
Unlike Bitcoin where a transaction can be tracked. This algorithm makes it nearly impossible to track any kind of processed transactions between addresses and neither amount of funds on an address can be determined. This was a major upgrade over Bitcoin and make Monero more secure and untraceable currency.
Originally launched as BitMonero, later shortened their name to Monero. Moreover, the market cap of Monero is $3,609,945,092 USD with a value of around $240.87 per unit. Although, all top cryptocurrencies price has dropped from February to April. But Monero price had remained relatively stable in comparison to another top cryptocurrency to invest besides bitcoin 2018–20
Buy and trade Monero instantly with a credit card
- cex.io exchange –best for us customers, high buying limit, best exchange to buy monero with credit card
- changelly instant cryptocurrency exchange
- Iq option – Best Binary options trading platform buy ripple in one click
- Coinswitch – Indian instant cryptocurrency exchange
- Bitbay exchange – Europe oriented, low credit card fee, high buying limit
- Indacoin exchange
- e-toro – also allow to buy monero with PayPal
If we go according to the current trend, cryptocurrencies are here to stay and it is proved by Bitcoin which is a trendsetter for all digital currency. In the above-mentioned list of 7 top cryptocurrency to invest in 2018, some altcoins are equipped with improved, superior and advanced features over Bitcoin.
Digital currency such as Ethereum, Bitcoin cash, and which are being used more for enterprise solutions also have become popular.
These above mentioned top cryptocurrencies have huge potential and they have able to justified it till now with continues increase in their overall market cap and per unit price. Hopefully, they will maintain this evergrowing trend and give crypto investors high return in 2018.
Top Bitcoin alternatives to invest in 2018-20 for higher ROI – Read here
Hello, I am HarshVasistha Btech(IT) from New Delhi, India. I am the Owner and the Author of coinexpansion. Although, I am not a techie but got infatuated with blockchain technology. Hence I commit myself to thorough and in-depth research on the core subject. Coinexpansion is the product of my cryptocurrency learning lust.
Hobbies – An avid reader, compulsive learner, passionate writer, sports addict and obsessed with learning new things and love to decode that stuff into simple and self-explanatory words.
I will do my best to serve my viewers with more pragmatic information about cryptocurrency and it’s associated technology and will try to keep you updated with current events of the cryptocurrency world