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.
Bitcoin Market Capitalization: 136.871.808.491 $
Exchange volume: 5.028.100.000 $ / 24h
Bitcoins were the first ever cryptocurrency, created in 2009, they are revolutionising the business world. Considered by many as "high risk", they have overturned every rule of finance for what concerns generating value to date.
Ethereum Market Capitalization: 64.294.731.400 $
Exchange volume: 2.172.680.000 $ / 24h
Ethereum is a blockchain platform created in 2013 as the first alternative series to Bitcoins. Proposed by the programmer Vitalik Buterin, whoever participates in this program (or whoever mines) is rewarded with Ethers, which are the currency linked to this blockchain.
Ripple Market Capitalization: 25.261.383.247 $
Exchange volume: 223.352.000 $ / 24h
Ripple is a payment protocol whose first release was in 2012. Created to allow the "sustaining of financial transactions of any amount instantly and securely", today it is one of the most interesting AltCoins.
Bitcoin Cash / BCC Market Capitalization: 19.403.699.700 $
Exchange volume: 625.009.000 $ / 24h
A hard fork of the BTC, Bitcoin Cash was created on 1 August 2017. With a very rapid initial growth (even more than the original currency), BCH is an alternative that many are considering and the majority of Exchanges and Brokers support.
Litecoin Market Capitalization: 7.270.380.402 $
Exchange volume: 291.640.000 $ / 24h
Litecoin were created in 2011 as an alternative to Bitcoin. They are almost a carbon copy of BTCs and for this reason, according to many, it will never succeed in having a serious future. However, certain important differences in mining and architecture suggest otherwise.
NEO Market Capitalization: 3.717.779.000 $
Exchange volume: 94.323.200 $ / 24h
NEO is a blockchain project that aims at digitalising resources in order to automate their management through smart contracts. The goal is to create an "intelligent economy" within a well-distributed network.
DigitalCash Market Capitalization: 2.920.410.643 $
Exchange volume: 79.593.000 $ / 24h
Digital Cash (or DASH) is a virtual currency used for making payments instantly and privately. It is one of the first ever cryptocurrencies to be accepted for this purpose.
Ethereum Classic Market Capitalization: 1.675.266.070 $
Exchange volume: 131.457.000 $ / 24h
Ethereum Classic is an open source protocol based on blockchain, a bit like the "old" Ethereum. Blockchain, participants earn the "Classic Ether" cryptocurrency, which is traded on the Exchange.
ZCash Market Capitalization: 1.247.681.981 $
Exchange volume: 135.501.000 $ / 24h
ZCash is a cryptocurrency that focuses primarily on user privacy. Each transaction is protected thanks to a better use of the Blockchain technology.
Steem Market Capitalization: 750.960.016 $
Exchange volume: 12.093.600 $ / 24h
Steem is a social network platform that pays writers and sharers of content. Payments are made via the STEEM token: in essence, it is a cryptocurrency which can then be swapped on the Exchange.
Dogecoin Market Capitalization: 441.450.708 $
Exchange volume: 10.029.700 $ / 24h
DogeCoin is a digital currency for making payments on the internet. It does not differ much from other cryptocurrencies, yet to date, it has one of the lowest values on the market.
MaidSafe Coin Market Capitalization: 186.107.201 $
Exchange volume: 4.126.660 $ / 24h
SafeCoin is a digital token that is given to those who are members of the SAFE network and provides part of their digital resources (CPU, bandwidth, online storage space and more).
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.