Now is an exciting time to get into the crypto space because there are lots of affordable options. However, there are currently at least 1,200 different types of coins listed on Coinmarketcap. Which ones will prevail? Which group of coins will survive for the long term? What coin/ should you have now for the year 2019?
These are tricky questions because we can only speculate. The technology of the is obviously here to stay and will be used more and more often in the near future. But which coins/ will still be operational in a year from now is much harder to know.
As much as possible you should try to look at the big picture when assessing the future of different coins a full year from now. My approach is first to consider what types or groups of coins hold potential for in the near future. For example, I think privacy coins are a solid bet for future uptake. Another group of coins worth looking at are those involved in the integration of social media and technology. Such bridging projects — projects bridging conventional technology with and — will be an important driver for in the near future.
With these thoughts in mind, below are some worth looking into for 2019.
Ethereum
No doubt will still be one to beat in 2019. ETH has become the new standard to beat in low fees and fast transactions. There are also so many ERC20 based on the network at the moment that it will thrive for the foreseeable. ETH is something any crypto investor should think about having in 2019.
Buy ETH on or
Privacy Coins
Privacy coins are popular in the world for practical and political reasons. Practically, many people like the idea of being able to transact privately without being surveilled by the state or private corporations. Politically, many enthusiasts oppose the intrusion of the state into our personal lives and support projects that undermine that power or make it more difficult to apply.
If you are interested in looking more into privacy coins, I recommend XMR or PIVX. Both of these are strong projects that have existed for a while. For something newer, you could also look into XSPEC as it will be on another level than the others if it can pull off what it proposes.
Buy XMR and PIVX on or
Buy XSPEC on
Social Media Integration and Monetization
One area where there is immediate potential for are projects that are trying to bridge existing technology with . One area where there is a lot of development in this regard is social media integration and monetization. The best projects to look into in this regard I think are TRX, which recently acquired BitTorrent and KIN.
Buy TRX on or
Buy KIN on
Investing in New Chains
While and are the most famous blockchains, there are a number of newer competitors. Some of these are vying to be faster and more efficient than and ETH. Others are tailoring their chains to specific use cases, such as highly regulated markets. If you are interested in investing in new chains, look more into ITC (also known as “’s ”), , and ADA.
Buy ITC on
Buy and ADA on
Coins Trying to Replace Fiat
The first use case for technology was executing decentralized financial transactions through the use of . was the first designed for this purpose but since it’s inception several other coins have been developed that are also hoping to replace traditional state-based “fiat” currency. If you are interested in this use case for , consider looking into XRP and , which are also trying to replace fiat.
Buy XRP on
Buy on
Trading Algorithms
As the popularity of grows more people are looking to maximize their profits through increasingly sophisticated strategies. Given the incredible volatility of prices right now, many day traders make profits use algorithms programmed to track markets trends and make trades under pre-set circumstances. If you are interested in algorithms and aid in , you can look more into COV (or COVX depending on the exchange and CND.
Buy COV on
Buy CND on
Utility Tokens
If you are interested in the various kind of applications that are being built on top of technology, you might want to consider researching utility coins. Utility are used within specific applications, typically to access to a company’s product or service. If utility are interesting to you I recommend looking into THETA and TEL as they both have good potential for the future.
Buy THETA on
Buy TEL on
Exchange-Specific Coins
Many are predicting that the crypto winter will end in 2019. If this happens it means that many enthusiasts who had taken a break from will return. It also means new traders will enter the space. For these reasons, I think an interesting investment for 2019 is exchange-specific coins. These are coins that are used within specific platforms to pay fees. Many exchanges have their own but I would suggest looking into ’s BNB and Kucoin’s KCS this year.
Buy KCS on
Buy BNB on
Conclusion
There are lots of other coins and that are worth looking at for 2019. The few I mentioned does not exhaust the list. Nonetheless, my goal was to provide some useful starting points to make researching your own investments easier. Good luck!
Published at Sat, 09 Mar 2019 15:53:14 +0000
