The cryptocurrency market has been on a rollercoaster ride in 2018, and the total market cap of all cryptocurrencies is currently sitting at $215 billion. With so many options to trade, it can be not easy to know which ones are the most profitable for you to buy and sell. In this blog post, I will tell you about some of the best performing cryptos out there right now that are sure winners once again!
Let’s take a look at them.
- Bitcoin (BTC)
Bitcoin is the cryptocurrency that started it all. It’s not only the biggest in market cap but by far the most popular and well-known crypto out there. For this reason, Bitcoin has a high barrier of entry if you want to trade on exchanges with full fiat pairs. Bitcoin is also the most stable crypto, with very low volatility. This makes it great for long-term holds and safe storage. For a successful trading platform, you could consider using 1k Daily Profit.
- Ethereum (ETH)
Ethereum was created to build a more efficient and decentralized internet. Major corporations have already adopted blockchain technology like Microsoft and JP Morgan. Ethereum’s price has seen massive growth in recent months, making it a great investment opportunity right now. It also has one of the lowest barriers of entry among all cryptos.
- Litecoin (LTC)
Litecoin is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. The creation and transfer of coins are based on an open-source cryptographic protocol and are not managed by any central authority. The coin was inspired by, and in technical details is nearly identical to, Bitcoin (BTC). As a result, it’s very easy for people who have had experience with Litecoin to get started with the exchanges that trade bitcoins.
- Bitcoin Cash (BCH)
Bitcoin Cash was created due to a hard fork in the Bitcoin blockchain in August 2017. It is identical to Bitcoin but has a larger block size limit and a different hashing algorithm. BCH is currently the fourth-largest cryptocurrency by market cap, and BCH is one of the most profitable cryptocurrencies to trade right now. Its price has been on an upward trend since it was launched, and it offers good potential for growth in the future.
- TRON (TRX)
TRON is a decentralized blockchain-based protocol that constructs a worldwide free content entertainment system. It also allows users to publish, store, and own data. TRX was founded by Justin Sun in September 2017 and launched its Mainnet in June 2018. The project has gained significant traction and partnerships over the past year.
Cardano is a decentralized public blockchain and cryptocurrency project. It is fully open-source and developed by a global team of engineers worldwide. Charles Hoskinson, one of the co-founders of Ethereum, founded Cardano in September of 2017. The goal of the Cardano project is to create a more sustainable and scalable cryptocurrency platform than what currently exists.
The Bottom Line
The cryptocurrency scene is rapidly changing, and if you aren’t moving with it, you could be missing out on profits worth millions of dollars. The best way to stay in touch with the ever-changing cryptocurrency market is by trading altcoins that are currently underpriced but show potential for huge returns when they go mainstream.