The 10 most popular cryptocurrencies in 2018The TelegraphSearch IconSave

Even though the bubble finally burst in early 2018, cryptocurrencies aren’t going away. And there’s still a lot of money to be made by finding the best cryptocurrencies to buy today. Former Google (Nasdaq: GOOG, GOOGL) chairman and CEO Eric Schmidt has publicly said digital currencies will be far more important 10 years from now than they are today, and many prominent technologists agree. But with hundreds of possible digital tokens to invest in, where do you begin? Among the best cryptocurrencies to buy today are a few no-brainers, but also some altcoins that have great promise of their own and – more importantly – can lower your risk through diversification.

The crypto space very much resembles other nascent industries of yesteryear.

Several frontrunners emerge early, followed by the rest of the pack.

Over time, that head start often proves a vital advantage.

Even though the bubble finally burst in early 2018, cryptocurrencies aren’t going away. And there’s still a lot of money to be made by finding the best cryptocurrencies to buy today. Former Google (Nasdaq: GOOG, GOOGL) chairman and CEO Eric Schmidt has publicly said digital currencies will be far more important 10 years from now than they are today, and many prominent technologists agree. But with hundreds of possible digital tokens to invest in, where do you begin? Among the best cryptocurrencies to buy today are a few no-brainers, but also some altcoins that have great promise of their own and – more importantly – can lower your risk through diversification.

The crypto space very much resembles other nascent industries of yesteryear.

Several frontrunners emerge early, followed by the rest of the pack.

Over time, that head start often proves a vital advantage.

Cryptocurrencies have performed debatably in 2018, yet are continuing to attract new investors in 2019.

However, most beginners have difficulties finding the best cryptocurrency to invest in 2019. We’ve all been there, so don’t worry! I understand how confusing it is when you first begin looking for new cryptocurrency investments. And that’s why I’m here to help.

So, are you also looking for the next cryptocurrencies to invest in 2019? Do you find yourself wondering “Should I be investing in Bitcoin?” or “Should I be in investing in Ethereum?”

Well, wonder no longer! I’m here to answer all your questions. By the end of this guide, you’ll know how to find cryptocurrencies to invest in 2019.

The first cryptocurrency, Bitcoin, was invented back in 2009. That was just the beginning though, and nobody really knew about Bitcoin until 2013.

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Bitcoin, a better-known cryptocurrency and arguably the current gold standard for cryptocurrency investments, gained over 1300% in 2017. More than a dozen other cryptocurrencies outperformed Bitcoin with gains ranging from 3300% up to Ripple’s astounding 36,000% gain. Since then, crypto enthusiasts have been trying to figure out the next bitcoin or best cryptocurrency they can get their hands on – and Benzinga compiled this list to help.

Analysts pick the bitcoin rivals to read up on now: Litecoin, Monero, Neo, Cardano, Ripple, Iota and Bitcoin Cash

Whatever the cynics out there want to call bitcoin, its

BTCUSD, +0.23%

  insane rally continues to befuddle the haters and enrich the crypto faithful.

Fear of missing out can have a powerful — and dangerous — influence on financial decisions.

Each cryptocurrency has a slightly different make-up and function from the people’s favourite, bitcoin, to the banking-focused Ripple XRP.

The original and most widely used. There are currently more than 16.8 million bitcoin tokens in circulation, against a present capped limit of 21 million.

Bitcoin’s market capitalisation varies significantly from day to day but has hit a record high of more than $200bn.

It remains the poster-child for the cryptocurrency industry, though critics suggest that its volatility, slow speeds, energy usage and higher transaction fees will put a limit on its growth.

This offshoot of the original Bitcoin, which launched in the summer of 2017, has already soared to become one of the most traded cryptocurrencies.

A little like a share split, there is now approximately the same amount of bitcoin cash in circulation as bitcoin.

Bitcoin has not just been a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, it’s become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoffs.

Before we take a closer look at some of these alternatives to Bitcoin, let’s step back and briefly examine what we mean by terms like cryptocurrency and altcoin. A cryptocurrency, broadly defined, is virtual or digital money which takes the form of tokens or “coins.” While some cryptocurrencies have ventured into the physical world with credit cards or other projects, the large majority remain entirely intangible.

The “crypto” in cryptocurrencies refers to complicated cryptography which allows for a particular digital token to be generated, stored, and transacted securely and, typically, anonymously.

By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler • February 22, 2018

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Narrowing down the best cryptocurrency to buy in 2018 depends on how deep into the crypto roster you’re willing to go.

Investing in cryptocurrencies is already a highly risky proposition – any one of them could quickly collapse to zero – but the more established cryptocurrencies such as Bitcoin, Ethereum, and Ripple are somewhat less risky.

And while these better-known cryptocurrencies are expected to rise significantly in 2018, they aren’t likely to deliver the kind of percentage gains they delivered in 2017.

This is a guide on how to invest in digital currency

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only.

It does not necessarily reflect the opinion of U.Today.

Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Ever since Blockchain technology emerged as a viable technology, we have had several currencies available for purchase.

Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

Last year was truly memorable for cryptocurrency investors.
After beginning the year with a combined market cap of just $17.7 billion, the
aggregate value of every virtual currency soared to $613 billion by year’s end.
In percentage terms, we’re talking about an increase in market cap of better
than 3,300%, which is likely the single-greatest year for any asset class in
history. By comparison, the stock market, which is arguably the greatest
creator of long-term wealth, has gained about 7% annually, inclusive of
dividend reinvestment and when adjusted for inflation.

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