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NEO (NEO) – To Invest In It In 2018 Or Not?

NEO has gained more than 300 percent since August. That is partly because its first Chinese blockchain and they always tend to use their own tech over Western one. Smart contracts are also made without having to learn a new programming language.

If you are a NEO holder, you can vote or participate in the decision on how the platform is structured. This makes NEO a public blockchain. With this ability, each NEO holder can establish transaction fees associated with smart contracts.

Since its launch, NEO hasn’t disappointed and it has risen in the top 10 most valuable currencies after being just two years on the market. Smart contracts are the future of blockchains and NEO is the next generation of smart contracts and this is why NEO can be one of the biggest currencies in 2018. Currently is at a market cap of 525.770.000 which means that if everything goes well for NEO, we can expect a growth in the price.

You should always know before investing to do a wider research and to never invest more than you can afford.

You can find more info about NEO on thi SITE

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Altcoin News

Top 5 Altcoins Expecting Fast Growth In 2018

Want to invest in cryptocurrencies?

If yes is your answer, we would advise you to check out these altcoins expecting fast growth in 2018. So, let’s begin.

Litecoin (LTC)

Market cap, as of Jan. 9: $13,997,004,049 USD

Circulating Supply, as of Jan. 9 : 54,670,458 LTC

Max Supply: 84,000,000 LTC

Creator: Former Google employee Charlie Lee

Litecoin has been termed as the silver to bitcoin’s gold.

Created by Lee back in 2011, called as an alternative to bitcoin. Lee essentially aimed to cut the amount of time required to confirm new transactions.

According to Lee “My vision is people would use Litecoin every day to buy things. It would just be the payment method of choice”.

Litecoin is also designed to produce more coins — it has an 84 million coin limit, versus bitcoin’s 21 million. About 54 million coins are currently in circulation, versus bitcoin’s current 16.7 million circulating supply.

Monero (XMR)

Market cap, as of Jan. 9: $6,087,304,574 USD

Circulating Supply, as of Jan. 9 : 15,578,315 XMR

Creator: Monero’s creator is anonymous.

With Monero, the details of every transaction are recorded on a public ledger, but its untraceable. For Monero there’s no way for anyone else to connect the dots between the sender, receiver or size of the transaction.

There are about 15.5 million XMR in circulation, and, unlike bitcoin and Litecoin, Monero doesn’t have a fixed coin supply.

Ripple (XRP)

Market cap, as of Jan. 9: $97,739,637,232 USD

Circulating Supply, as of Jan. 9 : 38,739,144,847 XRP

Max Supply: 100,000,000,000 XRP

Who created it? Ryan Fugger, Chris Larsen and Jed McCaleb

Former bitcoin developers launched software company Ripple in 2012 and its digital currency, XRP, its called by some industry types as bitcoin’s logical successor.

As said by New York Times “a cross between Western Union and a currency exchange, without the hefty fees” because it’s not only a currency, but also a system on which any currency, including bitcoin, can be traded.

Ripple connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one friction less experience to send money globally,” its creators explained.

Ripple has licensed its blockchain technology to over 100 banks. And a new hedge fund recently announced it would be denominated in XRP.

Tron

Market cap, as of Jan. 9: $9,999,445,349 USD

Circulating Supply, as of Jan. 9 : 65,748,192,475 TRX

Max Supply: 100,000,000,000 TRX

Creator: Justin Sun

TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.

On New Years Day of 2018, Tronix overtook the top spot for volume traded on Binance for Alt Coins, including other major players Ethereum, Bitcoin Cash and Ripple. It made massive gains (over 30% in a day), showing real wind behind its sails as a cryptocurrency. It jumped from $.03 value to $.06 overnight.

Cardano (Ada)

Market cap, as of Jan. 9: $23,751,089,289 USD

Circulating Supply, as of Jan. 9 : 25,927,070,538 ADA

Max Supply: 31,112,483,745 ADA

Creator: Blockchain developer Input Output Hong Kong (IOHK)

The Cardano blockchain is launched a few months ago and has created massive gains in its coin, called Ada, in November to get into the top 10 cryptos in terms of market cap.

The project began in 2015 and termed itself as the first blockchain network backed by a “scientific philosophy”.

Cardano, while still a relative unknown, is apparently big on private transactions as well as responding to the needs of regulators, making it primed for mass adoption.

Cardano’s framework is still in its “bootstrap era”, and the next phase in its road map is set to launch sometime in the second quarter of 2018. Its framework is still being developed, and it may take time for it to reach the full-fledged smart contract platform.

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Bitcoin News

Can You Really Make Money With Cryptocurrencies: Explained

Nowadays, earning money using bitcoins is simple, although contrary to popular belief.

Most people will suggest you to:

  1. Mine Bitcoin – This method requires huge investment, and the ROI (return on investment) will be unsure and may take years. This can be done in places with low per unit electricity cost.
  2. Use BTC faucets – This doesn’t require any investment, but the amount of BTC you receive will be very low, almost in US cents.
  3. Put it in cold storage – You can safely store your bitcoins, but you won’t earn anything from it. Helps you to safely keep BTC as a long-term investment.

Moreover…

You can engage in trading. This is by far the most popular way people go about this business. There are hundreds of currencies out there, so after doing due research and figuring out which one looks most promising to you, go to a website such as Switchain to compare different exchange fees you can get for trading.

A lot of people decide not to engage in trading, but to buy a certain amount of coins and then just hold them in a wallet until, hopefully, the price goes way up so that cashing out would make it profitable.

The original way of earning Bitcoin is mining. That is, getting those new coins that are just entering the network before anybody else (since there is a new set of coins appearing on the blockchain every 10 minutes). This is way easier said than done though, considering that the competition is so high that you need very specialized machines to be able to pull it off.

Those will be the most basic few ways how people approach handling cryptocurrencies. Of course, once you get some, there are many, many ways of using them for buying different goods or trading in different ways, but those will be the main ways of earning them, which was the point of the question.

 

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Blockchain Archive

Should You Invest In Bitcoin In 2018?

Looking to invest in Bitcoin?

The general rule is that you should not invest anything that you are not ready to lose.

It’s true that cryptocurrencies are nothing tangible. It is also true that some of them are bubbles. And it is true that many of the prices are rising speculatively – based on news and assumptions.

However, tell me another market where you can earn thousands of dollars in one day? Tell me a market where you would invest $1000 in March and get $11,500 in December?

We all have to thank Bitcoin for that. It has made many people wealthy and it can make you too. So, investing in cryptocurrencies may be risky – but also may not if you are doing it in the short run. Or….if you are prepared to lose the money and just let it sit for a while, expecting massive earnings.

If you are looking for a safe strategy, my advice is to invest at least $100. Whenever you see your money doubling at least, pull $100 out of your wallet and have your investment back. From that point on, you can trade with your winnings – and that’s a great way to trade, right?

If you need help to understand what Bitcoin is, how to trade, how to mine Bitcoin or how to invest in it in the safest way possible, just read our guide to Bitcoin below (and have all of your questions answered!).

What Is Bitcoin? | Who Created Bitcoin | How To Buy And Sell Bitcoin?

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Blockchain Archive

Why Did Bitcoin Rise In 2017 (And Will It Do The Same In 2018)

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