Making the best choice over which cryptocurrencies to buy and to invest in, is no simple thing. There is an increasing number of cryptocurrencies out there, and many of them fail to generate remarkable growth. Having said that, and considering that we at BitcoinRegs are prudential investors, we have made this ranking of the best cryptocurrencies for 2018.
This ranking includes both the most famous cryptocurrencies, such as Bitcoin or Ether, and the so-called AltCoins, or virtual currencies alternative to BTC, such as Ripple or NEO, which (to date) have shown more potential and attracted substantial investor interest.
This list can be useful to understand which cryptocurrencies to invest in or buy, but also which to mine or, on the contrary, which to abandon to avoid excessive risks.
Because risk is obviously the most important aspect to keep in mind in this sector, especially considering that cryptocurrencies are highly volatile and, therefore, there is the serious chance of losing everything invested. Remember: invest only what you can afford to lose, amounts which do not affect your livelihood whatsoever.
Investing and trading in cryptocurrencies is effectively one of the financial activities as a means to make money. Many are already operating and increasing numbers will enter the market in 2018, so as not to miss the rush of what has been called "the golden age of cryptocurrencies".
As with any investment, it is important to understand how people can invest in cryptocurrencies on their own, especially in consideration of its degree of risk tolerance.
The advice that is always given, and that we also repeat, is to invest money that you can afford to lose, and nothing more.
Thanks to CFD, with brokers such as Plus500, you can invest a cap of €100, an amount that gives you a firsthand experience of whether investing in cryptocurrencies is suitable for you, without risking too much.
If you're really new to this, however, we recommend that you download the 2018 trading guide for free, so you can get a first smattering of this world.