Top Cryptocurrencies Worth Investing in 2019

Ever since the start of the year, every crypto investor who knows how deeply involved I am in the crypto space keeps hitting me with the question, “what are some of the top cryptocurrencies worth investing in 2019?” Honestly, there isn’t one but various cryptocurrencies out there that can promise excellent returns for investors. The popularity of blockchain technology has encouraged an entire generation of developers and entrepreneurs to launch crypto coins and tokens, consequently creating multiple attractive investment opportunities. So read on if you wish to make the most out of such opportunities as this article would provide you with excellent insights on cryptocurrencies that you should consider worth your investment.

Bitcoin

It would be somewhat surprising if Bitcoin fails to make it to the top of a list of most sought out cryptocurrencies, wouldn’t it? It is the most widely used cryptocurrency to date, which is why it is called the king of cryptocurrencies. With a top cryptographer like Adam Back running its open-sourced codebase, Bitcoin has emerged as the single biggest cryptocurrency ever since its inception. Also, trading Bitcoins is quite easy because of its highest liquidity, which ensures that there is always someone on the other side to match your order. Although Bitcoin has been in ongoing crypto news due to its volatility, it continues to be one of the most stable crypto coins.

Litecoin

Litecoin came into the picture after Bitcoin had already found a firm footing in the crypto sphere. However, it took little time to become one of the hottest cryptocurrencies of this decade. It uses Bitcoin’s source-code and operates as the Bitcoin fork. A few critical technical changes have it one of the fastest cryptocurrencies. Litecoin aspires to be global, P2P currency. Ever since its creation, Litecoin has had high liquidity and large market cap. Also, Litecoin doesn’t have high price volatility that is often seen in Bitcoin and other cryptocurrencies. So it is easy to hold it for an extended period.

Ethereum

Ethereum was the first project that introduced smart contracts, thereby allowing developers to launch decentralized applications (dApps) on the blockchain platform. Today, hundreds and thousands of tokens utilize the Ethereum to operate. ICOs around the world owe their success to Ethereum because the tokens that they give out led to the ICO movement, and these tokens run on the Ethereum platform. The high liquidity of Ethereum ensures that Ethereum owners have no trouble trading it. Also, an efficient team and loyal community mean that the Ethereum price stays stable and appreciates in the extended run.

Binance Coin (BNB)

Unlike Bitcoin and Litecoin, which serve as currencies, Binance Coin is a utility token. It means that the appreciation in its value is directly proportional to the demand for its utility within the Binance ecosystem. Binance Coin has high liquidity, which makes it easier to trade. Despite its volatility, it has grown consistently. In 2019 alone, there was a three-fold increase in its price. It has cemented its position as one of the world’s fastest-growing crypto exchanges, and consequently as one of the fastest-growing cryptocurrencies in terms of trade volume. If you want to create a more diverse cryptocurrency portfolio by adding a utility token to it, Binance Coin could be your best bet if you have already purchased major coins like Bitcoin and Ethereum.

Basic Attention Token (BAT)

Basic Attention Token is another prominent utility token, which you might have heard about if you are a keen follower of trending altcoin news today. It is used mostly in Brave Browser. You can use the BAT Token to pay content creators or anybody whom you find of help online. You can choose to tip them every month make one-time payments to them. Its liquidity keeps fluctuating, but Coinmarketcap has placed it on the list of most traded coins. Also, its price volatility has remained consistent between 2018-19 when most other coins were rapidly collapsing. BAT has consistently outperformed most crypto coins, which makes it one of the top cryptocurrencies worth investing in 2019.

Conclusion

According to me, these five coins are amongst the cryptocurrencies worth investing in. Whether you are a beginner who wants to start investing or simply a crypto investor wanting to diversify their current portfolio, this list should come in handy for you.