Darryn Pollock

NEO Rising as Trading Volumes Boom in Asia

NEO looks to be on its way up thanks to some positive developments with the coins over the last couple weeks and thanks to a boom with Asian buyers
NEO Rising as Trading Volumes Boom in Asia

NEO, often referred to as the Chinese Ethereum, has been profiting from an increase in trading volume over the weekend and into this week. The coin is up to $85, having reached as high as $94, as its general trajectory keeps pointing upwards.

Monday morning in Asia sparked off a good price hike that got the smart contract-styled digital currency to that high of $94. There does not seem to be any apparent reason behind the increase in interest, but the price is definitely being driven by increased volume.

Big in Korea

That trading volume in last 24 hours jumped to nearly $600 bln as compared to $500 bln registered the day before, according to CoinMarketCap. Korean traders have been the most active players as NEO/KRW transactions exceeded 27 percent on the total NEO trading volume.   

While there may not be a direct catalyst for this sudden uptake for NEO, the coin has been progressing quite well in its developments of late. NEO has been supported by Switcheo exchange with trading volumes exceeding $2 mln during the first week of operation.

There has also been the extraordinary bullish momentum of NEO-based Ontology token.

Ontology still growing

Ontology is also still doing well along with NEO s it is up a solid five percent when a lot of the bigger coins are in the red. NEO is the best placed top 10 coin thanks to its near-seven percent growth while the likes of the top four coins seem to have leveled.

Only Tron and NEO are in the green for the top 14 coins with Tether, at 15, also just sneaking into positive growth.

NEO will now need to fight off too big of a correction after the influx in trading from the Asian markets, it will be imperative that it does not lose support going into the European and US buying time.

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Daniel Osten

Bitcoin Bulls Gain Confidence, Litecoin and NEO Grow, Monero Falls Behind

Bitcoin achieves previous local maximum. Litecoin and NEO react positively, while Monero investors are still in despair
Bitcoin Bulls Gain Confidence, Litecoin and NEO Grow, Monero Falls Behind

By the end of the first week of May, the market has returned to its normal state: assets are regaining independence and no longer moving up and down synchronously, Bitcoin and altcoins are compelled to fight for the attention of investors who are investing funds with a great deal of caution. As we expected, the phase of unrestrained growth for altcoins is over for now, while Bitcoin’s lateral movement continues (despite yesterday's achievements of bulls).

The number of both long and short margin positions is falling, which means that exchanges will be less aggressive in using bots for price manipulation.

Although, the market still needs a shepherd- a big player who will indicate the direction of movement, especially for Bitcoin.

On the other hand, the price of most altcoins has arrived at a comfortable value for holders- less than January’s, perhaps, but enough for respectable portfolios.

Movement of top 10 assets becomes multidirectional

Market capitalization has grown to $450 bln in the course of the day. The $10 bln gain can be attributed to the price increase of Bitcoin. The main question at the moment- will these funds remain with the main asset or will they be dispersed among altcoins? Out vote goes for the first version. For the first time in a long while, we see multidirectional movement among the top 10 coins. The old-timers Bitcoin, Ethereum, Ripple and Litecoin all show gains, and IOTA joins them from the less “traditional” assets. Other altcoins are at a loss, with EOS doing worse than others with a decline of seven percent.

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BTC/USD

The break through the triangle happened earlier than we expected, and the prices were not given a chance to test the level of $8,900. Even now, after updating the previous local maximum (the new one is $9,780), we do not discount the possibility of correction.

Despite the obvious growing trend, we can only be confident that Bitcoin has left the lateral trading after it gains a foothold above the psychologically significant mark of $10,000.

[BTC / USD, Bitfinex, 4 Hour Chart]

Readers who bought Bitcoin after the upward break in the triangle can be congratulated, but they should not lose vigilance- the market will certainly try to take this profit away. The price has already been corrected to 0.786 of the old Fibonacci grid, and may even go down further, to the value of 0.618 and the price of $9,350, respectively. The equilibrium price in the lateral trade is $9,200, coinciding with the correction level of 0.5 and the intersection of the already broken facet of the triangle and the ascending channel. Such points of accumulated interest often act as magnets for the price, but it is unlikely to be reached today.

Prospects for further growth after a quick bullish run also remain vague, but the targets are clearly seen. The closest is $10,200, the next one is indicated by the mirror level and the 1.618 value of the Fibonacci extension- $10,500. The day’s key mark is at $9,550, if the price gets a hold above it, the scenario of further growth is more likely, otherwise- the scenario of correction.

LTC/USD

Despite a growth dynamic resembling Bitcoin’s, which becomes evident when comparing charts, the situation for Litecoin investors is less optimistic (though recently, that always seems to be the case).

If the main asset was able to overcome its previous high, its younger brother has formed a classic "double top” with the potential for further correction.

[LTC / USD, Bitfinex, 4 Hour Chart]

The nearest correction level is 0.236, coinciding with the price of $152, and Litecoin will almost definitely not fall below $144. Immediate growth is also unlikely, but over a few days, the price may reach $175, which is indicated by the activation of the potential flag. Above, Litecoin will face the most powerful mirror resistance level, which has more than once held back growth- it is marked in green on the chart. We recommend close monitoring of the asset’s approach to this level.

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XMR/USD

We don’t have any good news for Monero investors today. The asset is experiencing difficulties with rising above the $260 level, which has turned into a resistance. Young bull calves (we can’t quite call them mature bulls) were able to push the price out of the descending channel for a short time, but could not hold the position.

[XMR / USD, Bitfinex, 4 Hour Chart]

But even if success favored the horned ones, the parallel expansion of this channel a little bit higher would certainly foil plans for further growth. Because of this, we predict that the asset will once again test the level of $230, where buyers should try their hardest to support the coin.

We don’t see any prospects of rapid growth for Monero - at best, the bulls can expect a test of the previous local high-  $300.

The medium-term goal of $340, which we marked on the chart, can be kept in mind, but there are no reasons to count on its rapid achievement.

NEO/USD

We are definitely liking NEO’s chart: the asset is slowly but confidently moving in the ascending channel, without sudden ups or downs. In addition, confidence in the asset’s future is boosted by the huge initial purchase volume which we observed at the end of April. Active purchases started from the level of $80, which means that it will serve as a support in case of a negative development.

[NEO / USD, Bitfinex, 4 Hour Chart]

The medium-term prospective target for NEO remains the same- it is $105. However, some interference can be seen from the mirror level, similar to the one on the Litecoin chart. It is likely that the price will rebound from it, without reaching the designated goal directly. Depending on the growth rate, this can happen in the range of $98-$102.

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Short Break for Investors as Bitcoin, Litecoin, Monero, NEO Prices Freeze

Bitcoin critical support still holds, but the future is uncertain. The market is frozen by indecision.
Short Break for Investors as Bitcoin, Litecoin, Monero, NEO Prices Freeze

All that the market could achieve by the end of the week is a continued state of uncertainty and indecision about taking the initiative, shown both by bulls and bears. Nevertheless, the data of technical analysis indicates that on Friday and over the weekend the situation can evolve more rapidly and, possibly, dramatically.

Market capitalization grew by a tiny $5 bln in the course of the day , and the assets are exhibiting multidirectional movement. Most of the growth is in altcoins: in the first 100, of special note are Tron (plus 35 percent) and Ontology (plus 30 percent) which, by the way, has been growing steadily, even against the market, since the launch of the project. In the top ten, EOS distinguishes itself once again, gaining 10 percent.

Card

Crypto not welcome in India

Despite the success of individual coins, the general trend does not leave any room for doubt. The news about the alleged ban of cryptocurrencies in India added fuel to the fire. Later, it turned out that actually, it was not a ban, but some restrictions imposed by the Central Bank of India on individuals and legal entities that deal with cryptocurrencies. The market’s reaction was not too acute, but this news is a clear example of the new wave of FUD that we spoke about yesterday.

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BTC/USD

Bitcoin spent the last 24 hours in lateral movement within a small price range from $6,600 to $6,900, and at the time of writing it’s trading exactly in the middle - at $6,750. Reduced volatility has led to the creation of an equilateral triangle which should be resolved soon. The price nearly reached the apex of the triangle, once again confirming the lack of initiative in the market - usually, such triangles are already activated at three quarters of their height.

Short Break for Investors as Bitcoin, Litecoin, Monero, NEO Prices Freeze

Taking into account that BTC has not been able to break away from the boundary of the ascending channels, as well as the general downward trend, we assume that the price will exit down from the triangle. The first decline target is $6,600, then $6,000 and then - according to the scenario that we described just yesterday.

There is still a chance to push off the current values ​​and take an excursion upward, in which case the goal range will be squeezed between the 0.618 and 0.786 Fibonacci extensions and the price levels of $7,150 - $7,300. It is important to understand that slight local growth in the current situation does not negate the possibility of further decline.

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LTC/USD

Litecoin continues to loiter on the bottom, with an increasing risk of making that bottom even deeper. On Thursday, the volatility of the asset decreased significantly, as did trading volumes. Now it’s a hostage of the situation, and does not have any independency. It doesn’t look any better or worse than the market, but given previous “successes,” it’s not attractive to investors.

Short Break for Investors as Bitcoin, Litecoin, Monero, NEO Prices Freeze

The range of LTC fluctuations on Thursday was only $5 - the price chart practically stretched into one long thread. Some resistance from above is given by $120, below there is $110 and the boundary of the descending channel as support. A local Bitcoin reversal could help its little brother reach up to $130, but there are no signs of that for now. In case of decline, all bear targets remain relevant: after breaking through the support, we can expect a fall to the region of $100.

NEO/USD

NEO is in a situation that is very similar to Litecoin, so let's be brief. Lateral trading can either become a good springboard for growth or a future resistance in case the price goes even lower. The activation of the global wedge (red convergent trend lines) doesn’t look realistic at this point.

Short Break for Investors as Bitcoin, Litecoin, Monero, NEO Prices Freeze

The key NEO support is at the level of $42 - $43, and the intermediate support is at $45. Under the less likely growth scenario, the first target for bulls is located at the 0.5 Fibonacci expansion - exactly $50. Further, buyers will encounter resistance in the form of the boundary of the ascending channel, which can be difficult to overcome.

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XMR/USD

Monero looks somewhat better than LTC and NEO, but only due to the fact that the price is not contained by the nearest descending parallel channel. The buyers deserve no credit for this, however - XMR just fell out of it, without volumes or enthusiasm.

Short Break for Investors as Bitcoin, Litecoin, Monero, NEO Prices Freeze

The level of $160 seems to be a good aid for investors: the price has rebounded from it 3 times already, although the next storm in the Bitcoin Sea will have no trouble punching a few holes in this support. Now, as before, the bottom is at $150 - it’s enough to look at the chart and observe the powerful mirror level to confirm the truth of this. In case of descending to these depths, we expect a worthy response from the buyers, and encourage our readers to consider purchasing this asset.

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Market Starving for Trading Volumes; Bitcoin Price Stable Above $11,000

Bitcoin finds a foothold above $11,000, waiting for sufficient volumes to make a breakthrough
Market Starving for Trading Volumes; Bitcoin Price Stable Above $11,000

We welcome everyone to the beginning of a fresh new week, which promises to be exciting for investors and traders, and hopefully profitable for our readers. Over the past weekend, the long-awaited trade volumes never came to the market, but the air is filled with electricity and lightning can strike at any moment. Even without significant volumes, Bitcoin feels confident and step by step, it continues to cement the $11,000 level, reaching $11,500 again during the weekend.

The main asset continues to draw strength from altcoins

It seems that the main asset has switched on the “vacuum cleaner” mode and is going around the market, sucking the juices out of unstable altcoins. This is revealed by the virtually unchanged market capitalization, around $465 bln by the beginning of Monday, accompanied by an increase in Bitcoin dominance to 41.5 percent. Coins from the top 10 are not as susceptible to Bitcoin influence, so they either did not change or grew, following their forefather. Ripple and Stellar stand out the most, with gains of 10 percent each. NEO’s results are more modest- it’s taking a break after the Ontology airdrop and is the only red coin in the top 10 with a not-too-scary loss of 0.5 percent.

BTC/USD

At the time of writing, the Bitcoin chart is forming a double top pattern with a value of $11,540. Classically, this figure of technical analysis predicts a price fallback, but the decline, if it happens, promises to be insignificant, up to the nearest Fibonacci retracement, which is 0.786 and $11,250 in this case. We also allow the possibility that growth will continue directly from current values since bears have temporarily left the market. In confirmation of this theory, we can see an unrealized bearish wedge pattern, marked in red.

Pic01_05.03

The closest growth target is now $12,000, where the struggle of buyers and sellers can intensify. If this target is conquered, we will see acceleration toward the range of $13,000-$13,300. We don’t expect strong resistance on this path because historically very few transactions have taken place in the $12,000-$13,000 range, as indicated by the volume profile. In the case of a negative development, a correction is possible to the 0.618 Fibonacci retracement, which coincides with a strong support at $10,800. Bitcoin still sets the mood for the market, looks great and promises profits to both short-term and medium-term investors. Our readers are not advised to part with long positions until the $13,000 level.

XPR/USD

When analyzing Ripple’s price chart, we come to the conclusion that sellers have exhausted all resources and now the near future of the asset ceases to be vague. A powerful support was found at the level of 0.88, below which the price has not dropped since the end of the correction from the beginning of February. Despite the relatively modest volumes, a sufficient number of operations were performed at the range $0.88-$0.96 to break a converging triangle, marked in red, and push the price to $1.

Pic02_05.03

After reaching a psychologically important mark, the price can fall back to the 0.382 Fibonacci correction and the value of $0.96. To the relief of long position holders, a mirror level of support-resistance is also located there, so it is unlikely that the price will drop lower. The initial volume at the triangle’s break allows us to consider further growth, the first intermediate target being the $1.10 level. The next target is in the range of $1.30-1.40, which we wrote about in the Feb. 19 review. Our reader recommendation is the same as for Bitcoin- hold!

XLM/USD

The situation with Stellar is repeating XRP history in many ways, so we’ll be brief. Support was found at the $0.31 level, and although there is still room to fall “safely,” we don’t think this is likely. Growth was also activated by the break through the triangle’s descending boundary at initial volumes, it seems that XLM and XRP have the same investors.

Pic03_05.03

If Bitcoin doesn’t pull some unexpected stunt, the next target for Stellar is $0.42, which coincides with the 1.618 Fibonacci expansion and a mirror level of support-resistance. With negative developments, a fall back to $0.34 is possible.

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5 Best Upcoming Cryptocurrency to Watch in 2018

📚 Wikicoin
BTC and ETH are not the only options for investment! Meet five new cryptocurrencies to consider in 2018
5 Best Upcoming Cryptocurrency to Watch in 2018

Despite the fact that Bitcoin continues reigning the market of cryptocurrency, there are new altcoins appearing every day. Some of them are innovative, while some are junk. The market is bursting with top upcoming ICOs, and today we continue observing altcoins worth taking a look at. Yesterday we explored five well-known cryptocurrencies, here are five fast-growing coins.

EOS

EOS is a versatile smart contract Blockchain platform proposed by the Block.one company. It makes up for a better speed, excellent user experience, and scalability. EOS uses Delegated Proof-of-Stake (DPoS) consensus mechanism, which allows for a higher throughput, as well as the absence of transaction fees. Thanks to shared networks, such resources as bandwidth and storage are provided and shared by participants.  

What makes its new upcoming cryptocurrency advantageous is the technology underlying it. EOS is way more technologically advanced than many other projects alike. The much-awaited upcoming cryptocurrency ICO is already available on the market, and it made waves long time before the coin offering and the main sale which brought the team over $2 bln. EOS is highly capitalized– a lot of money has been put into launch.

Considering the fact that EOS plans to start with 1,000–6,000 TPS (which is an enormous speed for Blockchain transactions), and will achieve a strikingly great performance with 21 nodes only, it can surely be called one of the best upcoming cryptocurrencies of this year.

Key merits of EOS
What makes EOS Blockchain technologically superb?

QASH

The next upcoming cryptocurrency worth consideration is QASH, an ERC20 token offered by a Japanese company QUOINE. The team behind the project aims to become a leading financial services provider for huge institutions in the blockchain industry. The services are leveraged inside the LIQUID Platform that was launched in June 2018. Some of its most prominent services include:

  • fiat–crypto exchange,

  • crypto–crypto exchange,

  • prime brokerage services,

  • world order book,

  • and the platform for development and launching of ICO in the frames of their proprietary ecosystem.

One of the most anticipated upcoming cryptocurrency events is releasing of QASH Blockchain and swapping of the ERC20 version for the native token that will take place in 2019. If things go as planned, QASH can become one of Top-10 best up and coming cryptocurrency by 2020.

The strongest side of this project is the fact that it offers end-to-end solutions for Blockchain projects to organize ICO on their platform. That saves entrepreneurs time and efforts for solving major technical issues. After launching, QASH has already started hosting the ICO for VUULR project.

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ChanCoin

This new upcoming cryptocurrency proposed by ChanCoin was initially created in 2017. The ChainCoin team has been working on the steganographic technology which credits the original content creators. CHN is used to define and attach the original ownership to the primary creator of a video or image. This way, the upcoming ICO cryptocurrency will be used to reward the original creators of content, if their works are viewed and reposted.

After the incident with one of the developers who was engaged in the malicious behavior, the community rebuilt the project and has made serious advances since then. Now, ChainCoin’s CHN is a microcap coin, and the market cap has reached $200,000. The release of ChainCoin platform is considered to be one of the most awaited cryptocurrency upcoming events.

Need more info about new altcoins? Check out this video:

https://www.youtube.com/watch?v=aRgdhLFyRUk

Ontology

ONT is an NEP-5 token, one of the most anticipated upcoming cryptocurrency forks of NEO blockchain. By staking their ONT, users get Ontology Gas (ONG) that are used to drive performance transactions for the Ontology Blockchain.

The Ontology project was designed to face one major issue: how to verify personality to upload the information safely into the Blockchain. The smart economy system created by NEO won’t be accessed without digital identity. This platform would be useful for the whole gamut of industries, such as healthcare, insurance, banking, etc. Although it’s a public Blockchain, Ontology also allows for creating private chains for corporate clients to keep mission-critical information safe and secure.

Ontology project is backed up by a serious team who has created a lot of fuss around the platform after being listed in Binance in April. Developers plan to start a partnership with different companies soon after the launch (they have already started working with Sequoia Capital, Danhua Capital, and Matrix China).

Ontology and NEO– Onchain projects
Ontology is an affiliate project of Onchain

Elixir

Elixir (ELIX) is a project that enables users to lend money, perform payments, and perform crowdfunding. The team will introduce the mobile application soon, and leverage the main functions of the platform. At the moment, users can join as “Early Creators” and host the first crowdfunding initiatives. The up and coming cryptocurrency ELIX will be given to early contributors in exchange.

This Blockchain is based on a Proof-of-Time algorithm, which means the coin is distributed with the help of a “genesis airdrop” event. Airdrop participants will not only receive a few ELIX tokens but can also grant their coins to mine more. The longer coins are held, the more ELIX is returned.

Elixir website interface
How an account on Elixir website looks

Comparison of upcoming cryptocurrencies

Let’s check out the market cap of the new popular coins:

EOS

$10.3 bln

Zilliqa

$743 mln

Neblio

$94 mln

Ontology

$703 mln

Qash

$168 mln

Elixir

$9.5 mln

ChanCoin

$200,000

Masari

$1 mln

These are the most promising projects of this year– they have all chances to conquer the market down the road.

When searching for new investment opportunities, don’t limit yourself by well-established coins like Bitcoin and Ethereum– the choice is much, much wider. Bet on the best upcoming cryptocurrency and, probably, you will wake up rich and wealthy.

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The best cryptocurrency investing solutions 2019: What should a beginner invest in?

Will cryptocurrency investments be beneficial in 2019? How to invest in cryptocurrency in the upcoming year? Read about the best investing opportunities in 2019
The best cryptocurrency investing solutions 2019: What should a beginner invest in?

With all major cryptocurrencies falling in price day by day, it may seem that the golden era of super-profitable crypto investments is gone, and there’s no point in buying crypto anymore. However, statistics are on the bright side, so it’s too early to surrender. What crypto enthusiasts need is to change their tactics and reconsider the object of investment. But which course should they embark upon?

Discover the best cryptocurrency investment solutions in 2019.

Trading volume will grow further

According to Satis Group analysis, the volume of crypto trading will grow by 50% in 2019. Until 2028, the number of transactions will increase by 9% annually. That’s why crypto investors still have a chance to get their riches: in 2017, their profit was $2.1 bln, while in 2019, it can exceed $3 bln.

Satis Groups expressed the following opinion:

“Platforms and projects need to improve their infrastructure to relieve the pressure of regulations. Although the crypto market has become more or less stable, services don’t comply with investors’ demands totally.”

Experts expect the volume of cryptocurrency trading to exceed the volume of corporate debt trading. Despite the long-term bearish tendency on the market, investments continue growing. As traders start understanding how the market works, the fiscal policy makes virtual assets even more attractive. Thus, crypto infrastructure has a striking development potential.

Top-5 Cryptocurrency to invest in 2019

The most promising ICOs by sphere
The most profitable spheres of ICO to invest

Judging by the picture, you might think that crypto projects in communications are the best solution for the new cryptocurrency to invest, but don’t rush to make conclusions.

Practice shows that the vast majority of the most valued cryptocurrency projects are developer platforms, such as Ethereum. The application developer platform provides users with the largest gamut of opportunities and features. Here are the most promising cryptocurrencies for you to consider:

EOS: A Better alternative to Ethereum?

The most recommended cryptocurrency to invest in 2018 is EOS. The team behind it continues improving their project, and now the speed of transaction processing has risen from 20,000 TPS to 50,000 TPS. From a performance standpoint, EOS is superior to Ethereum, which is why a lot of crypto projects may switch from Ethereum to EOS once their main net is launched. If the EOS team manages to attract enough crypto investors, it will definitely rise in price and be the top choice for 2019.

Quick facts:

  • Had EOS achieved Ethereum’s January 2018 valuation, investors getting in at the time of writing would enjoy 1,068% returns.

  • In June 2018, EOS’ market cap was $12.5 bln.

NEO: Favorite Chinese blockchain

NEO is Ethereum’s main rival in China. It can already boast a ready working product and applications being built on top of it. Although the number of apps on NEO foundation isn’t large, they’re mostly successful: Ontology alone has already reached $1 bln valuation. NEO’s speed is 1,000 TPS — way higher than Ethereum’s 15 TPS. Aside from performance, NEO has a few other advantages over Ethereum; for example, it supports common coding languages like Python and Java (while Ethereum works with Solidity only).

Another key benefit of NEO is the fact that its co-founders own the Onchain private company that provides blockchain solutions to the Chinese government and businesses. If the Chinese government decides to introduce a homegrown public blockchain in the future, it will most likely be NEO. That gives investors the opportunity to get rewarded greatly.

Let’s not forget that NEO is a source of passive income: if you store NEO in a NEON wallet, you will be rewarded with NEO Gas, the fuel of the NEO network. Right now, the dividend percent is 3.36% per year.

You can reap over a 3% benefit from Gas
Theoretical vs real NEO Gas profitability

 

ICON: A cryptocurrency with benefits for ICOs

Introduced on the market a year ago, ICON blockchain helps industries operate their own blockchain. It acts as a bridge connecting industries and establishes communication between them in a flawless and fast way. In layman’s terms, ICON automates the processes that were previously impossible to automate. ICON also leverages its own AI solution called DAVinCI. In addition, it introduces the so-called Blockchain ID for people to verify their identity.

The cryptocurrency is supported by the South Korean government even despite the local ICO ban (there’s a bill for re-legalizing ICOs in South Korea, and it’s likely to pass). Thus, it’s a great investment option for those who want to launch their own ICO. ICON provides investors with a myriad of benefits, including:

  • An ecosystem with governmental support.

  • A solution that establishes communication between different blockchains.

  • AI support.

  • Digital identity.

Power Ledger: The best solution for an eco-friendly investor

This project is actively supported and funded by the Australian government. The main aim of Power Ledger is to create a global green energy trading platform. The Power Ledger team has partnered with a few organizations to bring green energy trading to Thailand:

  1. Not For Profit Helpanswers – the supplier of clean energy trading to the US.

  2. Liechtenstein Institute for Strategic Development – the partner that will ensure Power Ledger’s presence in Europe.

  3. Origin Energy – Australia’s major energy provider that will add Power Ledger to its own infrastructure.

Extensive partnerships, government backing, and green mission of Power Ledger make it a top choice for savvy investors.

Ripple: The coin that continues conquering the market

While other cryptocurrencies are nosediving, Ripple is slowly making its way to the throne. So far, it’s the second world cryptocurrency by market cap with $49,3 bln value. Ripple is created for large institutions and banks rather than individual users: it’s a fast and reliable solution for cross-border payments. Ripple has already partnered up with a few large banks around the world, and more banks around are moving to adopt Ripple protocol. Thanks to institutional support and immunity to SEC regulations, XRP has all chances to survive in the current bearish market.

Ripple’s price doesn’t seem to change much
Unlike other cryptocurrencies, Ripple stays stable on the bearish market

 

Bitcoin investment isn’t an option anymore?

Considering how many cool altcoins and ICOs are around, Bitcoin doesn’t seem to be so attractive anymore. What can save it is wide adoption in real life: a lot of companies introduce Bitcoin payments, and some exchanges provide their own plastic cards with automatic conversion. The scenarios of Bitcoin development are diverse, and relying on one certain prediction might be a huge mistake. So, maybe it’s time to break your investment habits with a precedent?

Is ICO investing a chance to line your wallet?

Among thousands of useless ICOs, it’s hard to find genuine diamonds. However, there are still a few upcoming ICOs worth consideration.

Project name

Main goals and advantages

ICO details

CitiCash

Simple and fast conversion of fiat into crypto and back.

Develops a network between their wallets and debit card technologies.

September-November 2018. CitiCash coin (CCH) costs $0.15, minimal investment – 10 CCH.

Humancoin

Charity platform for trustless donations and clear distribution of funds raised. The team develops convenient means of the transaction for philanthropic industries.

September-November 2018.

1 Humancoin token costs $0.01. Minimum purchase is 0.1 Eth.

Code of Talent

The project is made to revolutionize the education sphere. The Code of Talent team will launch a micro-learning engine, merit-based incentives for teachers and students, establish flawless interaction between teachers and students, and create an immutable record for future employers.

Starts on October 15, 2018.

CODE token costs $0.10 and can be purchased with ETH only.

Akropolis

The project is made to introduce a new system of pensions and make pension funds management more transparent thanks to smart contracts.

TBA

Pro Tips

In order to make a profit, crypto investors should keep tabs on the market trends and products around. Here’s how you can adapt to ever-changing cryptocurrency world in 2019.

Bet on startups with real-world partnerships

Of course, most crypto investors opt for quick gains, but who said that crypto world is not the place for long-term investments? Virtual currency is very volatile, so it’s recommended to select the cryptocurrencies that have sold partnership with authoritative industry players and are backed by governments — they are more likely to bring profits in 2-5 years.

Pay particular attention to IOTA, Ripple (XRP), GoByte (GBX), IOST, and Stellar Lumens (XLM).

Let robots analyze exchange

A bird in the hand is worth two in the bush. Instead of trying to get 50-100% gains, try something a bit less profitable but more real. Let robots do the hard work: some cryptocurrencies fluctuate by1-2% a day, and crypto bots can track the fluctuations and do the trading for you 24/7.

At the moment, Gekko, Zenbot, and Crypto Trader are the most popular; you can also try a few new products: Cryptohopper, Gunbot, and Haasbot.

Master nodes: A way to get coins at the price of electricity

Instead of dedicating all efforts to trading, you can also consider operating a node. This is another way of earning passive income from the coins that may grow in price. However, you will need to invest in the node and cover electricity costs that might be huge.

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Most operators compensate contributors with 5-20% of block reward which is supposed to compensate operators for providing computing power. Today, GoByte (GBX) is one of the most affordable tokens to earn by running a master node.

Bottom Line

2019 renders a lot of investment opportunities for both beginners and professionals. You just need to sort out worthy cryptocurrencies and arm yourself with patience. The next years will bring profits to those who can wait.

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