Don’t you wish you can go back to February 14, 2011 and buy a thousand Bitcoins for the price of $1,000? Then wait around until November 25th, 2013 to sell all of them and make a million dollars! Yes we all do. Unfortunately we can’t go back, but what you can do; is make a new smart investment. Always remember something; every currency in the world has a country connected to it (even though cryptocurrencies aren’t officially currencies yet). The population of each country and the economical state matters and go hand in hand. Although, a cryptocurrency doesn’t have a country. It has the internet. Adding all the currencies in the world into one. Expect to see over 3 billion people use cryptocurrencies, because over 3 billion people use the internet every day. Here are the top 5 cryptocurrencies that are predicted to skyrocket. (From 5th place being a good investment to 1st being the best investment):
- Dash (DASH)
Dash coin has been known for attempting to make the most anonymous cryptocurrency. They have rebranded there cryptocurrency a few time, but all for the darkest reasons. Dash coin has been popping up slowly on the dark net in small communities. Criminal Organizations have been using Dash coins due to its healthy value and anonymity for its trace. A user that goes by “arma” on darknet forums assumed to be the Tor guru has been investing a sufficient amount of attraction to the cryptocurrency. Slowly but surely this will be a cryptocurrency that will start branching off to Darknet Markets which will sky rocket the value. The biggest factors also include the supply and demand. Currently there is approximately $6,500,000 coins available for supply (which is not a lot). Which means there is not enough coins for the demand, so grab your coins while you can. It’s bound for the price to go up, to create difficulty in creating a positive demand or the little supply. The supply is bound to decrease every year.
- Ripple (XRP)
Ripple is based on shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process. Ripple tries its best to keep it free of charge for any sort of exchange or trade. They will have a hard time with third-parties, but why go to third parties when the officials themselves are offering to trade or exchange with no fee. Ripple has been successful adapting big banks to their system. Professionalism and high quality development is being put into this cryptocurrency. They haven’t even attempted any growth hacking strategies; be sure to invest for when they do implement any type of growth hacking.
- Litecoin (LTC)
Litecoin has been around for a very long time and has shown success at keeping a healthy value to its cryptocurrencies. Also the largest Bitcoin wallet provider Coinbase has added the cryptocurrency to GDAX for trading. The longstanding trusted cryptocurrency has been a safe long term investment for quite a while now. Picture Litecoin to be the 5 dollar bill compared to the 100 dollar bill (bitcoin). To have a successful cryptocurrency it needs three things: professionalism, quantitative flow, and trust. Litecoin has it all.
- Bitcoin (BTC)
Yes, we all know Bitcoin and its nothing new. Although, people started to see that its flattening out anywhere in the $500’s. Sorry to tell you, but it’s not stopping there. Cryptocurrency venture capitalist giant Andreessen Horowitz will be investing on stacking up on bitcoins and its related-firms that are starting up over the next decade. Bitcoin is the mother of all cryptocurrencies and many of the upcoming and startup cryptocurrencies are revolving around Bitcoin itself. Think about it like this. If you are gardening, and would like to plant tomatoes from scratch you’d need to put the seeds (new cryptocurrencies) into the soil (Bitcoin). The more the seeds grow into a tomato plant the more space it takes up. You’ll need more soil for the other plants just to grow just as healthy. Which means more soil (bitcoin). Even though many of you are hesitant to invest into bitcoins due to the high price, it is still worth investing into because it won’t stop there.
- Ethereum (ETH)
Ethereum is a public blockchain platform with programmable transaction functionality, and a cryptocurrency itself. It provides a decentralized virtual machine that can execute peer-to-peer contracts using a cryptocurrency called Ether. Many other cryptocurrencies are using Ethereum’s system to run there cryptocurrency. Ethereum has been doing great at representing a professional image to the cryptocurrency and a strong foundation. Many of the major banks have been looking into ways to adopt the blockchain effect. Ethereum is at the top of the list. With many Chinese, Russian and Canadian private investors backing up the cryptocurrency; we will see a bright future in our daily lives involving Ethereum. A insider trading mogul that goes by the pseudonym “h3x” has successfully predicted the rise on May 15, 2015 and tells his subscribers that more growth will be coming. Ethereum is attracting the eyes of the investors, banks, politicians, and consumers. You might be looking at the future mainstream cryptocurrency.