The year 2018 is predicted to be the year of cryptocurrencies. Over the past few years, you must have heard about the emergence of the digital currency and the introduction of several cryptocurrencies such as Bitcoins, Ripples, Zcash, Ethereum, Litecoins and so on.
According to many financial experts, the cryptocurrency market is still in its weaning phase and is going to take more time in taking a proper shape to give a tough fight to the traditional transactions. But honestly, things are not that feeble. Users keep an eye on the cryptocurrency exchanges list and earn more profits by strategizing the purchase accordingly.
Though digital currency or cryptocurrency is a child in the midst of the robust traditional payment options and the complex banking systems but it has already made a place of its own in the international markets. Today, many and many investors across the globe are showing interest in investing on the digital currency and eager to take the incredible advantages of using the cryptocurrencies without facing any hassle.
Here, in this article, we’re about to share the list of the best cryptocurrencies to invest in 2018
Apart from being a trendsetter contributing to the rise of cryptocurrencies, it also became “de facto standard of cryptocurrency” as mentioned in a popular blog by Prableen Bajpai. These digital coins are accepted by traders and vendors that accept the cryptocurrencies. You have the freedom to buy a wallet and start purchasing the bitcoins with your debit or credit cards. These coins can be used anonymously which is why governments of several countries like China have banned Bitcoins. A recent update says that Facebook has also banned Bitcoin advertisements for some reasons. May be for the sake of protecting their businesses in the countries where Bitcoins are banned, such dexterous decision has been taken. Invented by Satoshi Nakamoto you can buy the costliest virtual currency Bitcoins for future benefits and anonymous transactions at a very minimum cost.
Following the footsteps of bitcoins several other digital coins are developed and introduced in the cryptocurrency market. They are known as altcoins. Ethereum is a popular and stand next to bitcoins giving a tough fight to the later. Throughout 2017, it has done an incredible business. Critics are saying it to be the top rival of bitcoins by checking the current scenario.
Ripple, bitcoin cash, Zcash, LiteCoin etc are popular altcoins or the cryptocurrencies that are going to rule 2018.