As we did last year, in this article we want to share a list of the best cryptocurrencies to invest in 2019, which in our view have the strongest projects and can give a good return throughout this year.
The blockchain ecosystem advances rapidly, which is why projects that do not try their best in this initial stage will be delayed with respect to the rest, losing in many cases the interest of users, investors and therefore suffer a fall in their value in the market.
How to choose the best cryptocurrency to invest in 2019?
When making an investment, the last thing we must follow is the existing hype in a cryptocurrency due to an increase in value, since in many occasions these price increases are market manipulations where only a few win and the most inexperienced lose much of its capital.
Once we avoid falling into these market traps, we must be clear if we want to make an investment to support a project which we believe has a great future (leaving the benefit in the background) or if instead our only interest is to obtain a short, medium or long term benefit.
In this list we will focus on the best crypto-projects to invest in 2019, according to our point of view and the current market state.
The best cryptocurrencies to invest in 2019
Bitcoin [BTC]
It could not miss this list, investing in cryptocurrencies is synonymous with investing in bitcoin, few investors who have entered this world would have neglected the opportunity to buy BTC. The level of community trust for this cryptocurrency grows along with the number of users interested in it.
It is very likely that the value of bitcoin will continue to increase as the adoption of BTC and the rest of the cryptocurrencies becomes something of everyday use. But … Why should I invest in BTC now?
Why is Bitcoin [BTC] one of the best cryptocurrencies to invest in 2019?
News related to the sector, such as the future launch of the cryptocurrency of Facebook, Bakkt and its bitcoin futures, the long-awaited acceptance of BTC ETFs, even the rumors of a future global financial crisis, make the value and Bitcoin interest increase exponentially.
Another point to consider is the next bitcoin halving, which will occur in 2020. A halving consist in reducind to a half the reward that miners get per block, which will go down from the current 12.5 BTC per block to 6.25 BTC. These halving occur approximately every 4 years.
A halving does not affect the price at the same time it happens, but having as reference the 2 halving that have happened we can observe:
- In November 2012, the first halving of btc occurred when it had a value of about $12, in September 2013 its price had increased to reach $120.
- The second halving was in July 2016 when BTC was worth more than $600, in December of the following year BTC reached $20,000.
- The next halving of BTC will occur in 2020, and if it follows the same pattern as the previous ones, in 2021 the price could rise dramatically.
We have also passed a long price correction since the last big rise of 2017 in which the price came close to $20,000, later and over more than a year the price ended up at the level of $3,500 ending the bearish movement.
Finally, it could be seen in the market, as large capitals were making purchases of the mother of all cryptocurrencies as we showed in this article.
All this information presages a very good future for the value of BTC and makes this cryptocurrency an option to take into account to invest in 2019.
Other information about BTC
- Max Supply: 21,000,000 BTC
- Lowest historical price: $ 0.003 (2010)
- Highest historical price: $ 20,089.00 (December 2017)
More information about Bitcoin [BTC]
https://crypto-economy.online/what-is-bitcoin/
NEM [XEM]
The NEM cryptocurrency began its development in 2016 and since then it has gained great popularity, especially in Japan. At the head of the project is a development team that has set the main objective of taking the security and speed of transactions to a new level.
NEM introduced a new consensus algorithm to identify the users that compute the subsequent blocks: Proof of importance (POI). Unlike the Proof-of-Stake (POS) algorithm, the importance of a user is determined not only by the amount of coins he/she owns in the account balance, but also by the amount of transactions made and to which addresses are sent money.
Why is New Economy Movement NEM [XEM] one of the best cryptocurrencies to invest in 2019?
In the recent presentation of the new Catapult Roadmap (the next NEM engine) presented on 03/29/2019, the NEM Team said:
NEM is designed to be the plug-and-play enterprise Blockchain. Its exclusive smart contract complements allow the creation of highly secure digital assets, advanced accounting systems and greater business efficiency.
With the Catapult update, from NEM they want to increase security, speed and scalability, make a more practical blockchain and bring features never before seen in any decentralized system.
A great team and a planned roadmap, added to a project like NEM makes it an ideal candidate for any investor.
According to their roadmap, the NEM project works or will soon work on:
- Wallets for Smartphones and Desktops.
- Lightning Network Proof of Concept.
- Proof of concept of cross-chain exchange BTC and ETH.
- SDKs, Round 2.
- POS + Consensus Algorithm (Only in Catapult).
- Catapult launch candidate.
- Open Source Catapult.
The NEM project is moving steadily along its road map, and it is undoubtedly a project that should be on the radar of anyone interested in investing in cryptocurrencies.
Other information about XEM
- Max Supply: 8,999,999,999 XEM.
- Lowest historical price: $ 0.000079 (September 2015).
- Highest historical price: $ 2.09 (January 2018).
RoadMap [NEM]
https://docs.google.com/document/d/1Qh6J0ZunZ1rrHERFRxWWCiFWdTezdSOniA6t4sRKhyE/edit
More information about NEM
https://crypto-economy.online/nem-the-sleeping-giant/
Decred [DCR]
Decred wants to achieve harmony between the participants and the miners. Unlike other cryptocurrencies, where “miners” have a greater influence on the system, in Decred everyone has the right to vote.
At first glance, the advantage of this virtual currency over its competitors is remarkable: ease of use, ease of extraction, better decentralization and a series of additional functions. The system integrates easily with other services and is compatible with the Lightning platform.
Why Decred [DCR] is one of the best cryptocurrencies to invest in 2019?
Decred has already added an atomic exchange support for exchanging cryptocurrencies, which allows currency exchange between blockchains without resorting to third-party services.
Currently the Decred team is working on several points of its roadmap, for example:
Initial privacy release, payment integration support, decentralized control of Dev funds, Android compatible wallet, decentralized autonomous entities (DAE), Decred integrations: Lightning Network, scalability optimizations: Multipeer Syncing, among others.
Other information about DCR
- Max Supply: 21,000,000 DCR.
- Lowest historical price: $ 0.39 (December 2016).
- Highest historical price: $ 139 (April 2018).
More information about Decred
https://crypto-economy.online/decred-the-user-governed-cryptocurrency/
Aeternity [AE]
Aeternity is a project created by Yanislav Georgiev Malahov, which thanks to its “Oracle Machine” is able to create scalable smart contracts to interact with real-world data.
Why is Aeternity [AE] one of the best cryptocurrencies to invest in 2019?
The Aeternity blockchain is capable of carrying out an unlimited number of transactions within smart contracts without the need for additional trust, in addition to improving security and making access to smart contracts cheaper, points that improve the ethereum network.
The relevance of the project does not generate doubts, the platform has all the necessary advantages: instant transactions, scalability or the use of complex smart contracts among others.
In September 2019, the Aeternity Foundation sponsors the Aeternity Universe One Conference, where attendees can see the future plans of the aeternity team and learn about how they plan to solve real-world problems using the Aeternity infrastructure.
Other information about AE
- Max Supply: Not available.
- Lowest historical price: $ 0.15 (October 2017).
- Highest historical price: $ 5.86 (April 2018).
More information about Aeternity
https://crypto-economy.online/que-es-aeternity/
Cardano [ADA]
Founded by one of Ethereum’s first developers, Charles Hoskinson, Cardano is a decentralized platform launched in September 2017 that provides a reliable, scalable, complete and programmable transfer of value.
Why is Cardano [ADA] one of the best cryptocurrencies to invest in 2019?
Cardano is another of the projects that seeks to solve the problems related to scalability that other projects such as bitcoin, ethereum or monero carry. It also has an impressive development team and a long-term vision of its blockchain.
Cardano has recently completed its Shelley era, a period of growth and development for the network. During this period, the Cardano team has worked to achieve a smooth and low-risk transition without interruptions in the service and optimize the decentralization of the project.
IOHK (Input Output Hong Kong) has presented Cardano’s new roadmap, https://cardanoroadmap.com/ consisting of 5 ages, the past Byron and Shelley and the future, Goguen, Basho and Voltaire.
The project is currently in the Goguen era, where they work to integrate smart contracts into the Cardano network, allow users to create and execute smart contracts and that all this is backed by rigorous security guarantees.
The Basho and Voltarie eras will be focused on scalability and governance respectively.
Other information about ADA
- Max Supply: 45,000,000,000 ADA.
- Lowest historical price: $ 0.017 (October 2017).
- Highest historical price: $ 1.33 (January 2018).
More information about Cardano
https://crypto-economy.online/knowing-cardano-protocol/
Komodo [KMD]
Komodo is a blockchain platform that has a compact and multi-chain architecture. Thanks to the recent launch of Antara Framework, each project created through the Komodo blockchain will have a fully customizable smart chain.
Antara Framework provides each Komodo Smart Chains with a set of resources, which can be expanded and customized as the project grows. Thus offering the best tools to take any business to the blockchain.
Why is Komodo [KMD] one of the best cryptocurrencies to invest in 2019?
Focused on providing blockchain solutions, Komodo has its own cryptocurrency, the KMD, this cryptocurrency is secure, has low transaction fees and low inflation.
The Komodo team is working on a DEX, they have recently launched their Antara Framework, Komodo provides a bitcoin security, the project has a great work team, they offer constant information about their advances and achievements in their social networks, and KMD has usage applications throughout the Komodo ecosystem.
It could be said that it is one of the most active projects currently, which shows how hard they work to achieve their objectives and bring this project to the top.
Although the Komodo team has an internal roadmap, they have not made it public because if delays arise at any of the points, they prefer to have a reaction margin and flexibility to adapt to the changes.
Other information about KMD
- Max Supply: 200,000,000 KMD.
- Lowest historical price: $ 0.002 (March 2017).
- Highest historical price: $ 15.41 (December 2017).
More information about Komodo
https://crypto-economy.online/komodo-and-the-consensus-on-digital-currencies/
Grin [GRIN]
Grin is one of the projects of recent appearance that has aroused more interest in the crypto-enthusiast community, being a currency focused on privacy and anonymity, in addition to its improved scalability with respect to other projects have been its best cover letter.
That is why it was chosen by our team as “The crypto of the month” last March, GRIN has as competitors other projects that have already made a long journey in the sector and have already earned a name and a large number of followers, such as Monero or Zcash.
Why is Grin [GRIN] one of the best cryptocurrencies to invest in 2019?
An innovative approach, high level of privacy, improved scalability or protection against double expenses are some of the characteristics of this project.
Undoubtedly, GRIN has a lot to prove to reach its competitors, Monero is currently trading at around 58 $ and Zcash 36 $ instead the highest value that GRIN has reached around 14 $, which shows the path that it remains to go through this cryptocurrency and the destination it could reach.
Other information about GRIN
- Max Supply: No Limit.
- Lowest historical price: $ 1.82 (May 2019).
- Highest historical price: $ 14.87 (January 2019).
More information about GRIN
https://crypto-economy.online/grin-the-cryptocurrency-that-combines-privacy-and-scalability/
Waves [WAVES]
The Waves project was created in March 2016 by the Russian businessman Alexander (Sasha) Ivanov, and managed to raise 30,000 BTC in its crowdfunding. Waves implemented a modified Bitcoin-NG protocol, developed by Cornell University professors to solve the problem of Bitcoin scalability.
Why is Waves [WAVES] one of the best cryptocurrencies to invest in 2019?
Waves offers a unique blockchain model, offering among other services atomic exchanges and cryptocurrency gateways. On the Waves Platform, you can launch smart contracts, create ICOs and issue new tokens.
Through the LPoS, users who do not own 1000 WAVES to create a node can delegate their tokens and obtain a weekly benefit for them.
Waves’ complete transition to its native RIDE programming language is planned for this year. This will not only eliminate technical errors, but also expand the functionality of the platform.
A change of this level in the project could attract the eyes of many investors.
In addition, Waves has a DEX (Decentralized Exchange) where you can buy and sell tokens securely with full control of the funds. This DEX, in addition to allowing trading with Waves, is compatible with the main cryptocurrencies and fiat, such as BTC, ETH, LTC and USD.
According to the Wave DEX Roadmap, its recent and next points are:
- July 2019 – Incorporation of ERC20 tokens for trading.
- July 2019- Improve the Mobile SDK and JS library.
- July 2019 – Creation of multi-accounts.
- September 2019 – Add 2FA (Two-step authentication).
Other information about WAVES
- Max Supply: 100,000,000 WAVES.
- Lowest historical price: $ 0.12 (August 2016).
- Highest historical price: $ 18.07 (December 2017).
More information about Waves
https://crypto-economy.online/waves-and-the-liquid-democracy/
Decentraland [MANA]
Decentraland is a platform designed to create a virtual world based on blockchain technology.
The project has advanced through different stages, which according to its roadmap, began by the age of Stone, going through the bronze age, iron age, to soon reach its final destination called Silicon age where the project will be released to the public.
Why is Decentraland [MANA] one of the best cryptocurrencies to invest in 2019?
Recently, the Decentraland team made users actively participate in a contest in which they could create scenes that could be implemented in the final virtual world, which shows that the project as it indicates its roadmap is about to be launched.
The launch of the Decentraland virtual world that was originally scheduled for the 4th quarter of 2018 was delayed until the 2nd quarter of 2019, which may cause exposure and interest in this cryptocurrency to skyrocket this year.
Other information about MANA
- Max Supply: Not available.
- Lowest historical price: $ 0.007 (October 2017).
- Highest historical price: $ 0.28 (January 2018).
More information about MANA
https://crypto-economy.online/decentraland-virtual-reality-driven-by-blockchain/
conclusion
Some of these projects were already recommended in the article on the best cryptocurrencies to invest in 2018, repeating them again in this article, it is not for another reason but because we continue to believe in them due to their great potential.
The increase in DEX (decentralized exchanges), the launch of the Mainnet of some consolidated projects in the sector, associations, greater adoption and use cases, increased interest and knowledge of people about blockchain and cryptocurrencies, in addition to the arrival of the end of the bear market that we have suffered for months, are certainly hopeful data for cryptocurrencies this year.
In addition to this when making an investment in cryptocurrencies we must take into account:
- Not following the Hype for a price increase, the FOMO is not a good travel companion for investors.
- Do not invest what you are not willing to lose.
- Before making an investment, study the project, its roadmap, the team and all the information you find about it to verify that there is more than just marketing behind.
Disclaimer: The opinions offered in this article only reflect the author’s point of view. From Crypto Economy we recommend doing your own research before making investment decisions.