Cryptocurrency has been one of the main investment trends in 2017 and everything points a tail will remain so in 2018. After the year of the bitcoin explosion as investment this exercise hay Other Alternatives to enter the world of virtual currencies at the price of the UN more affordable and with potential.
What are cryptocurrencies
The most widespread definition of virtual currency that is a digital currency, not physical, that uses cryptography to secure and manage transactions, as well as to create new currencies.
This explanation of what is a cryptocurrency includes the most important characteristics of these electronic currencies. The first is that it does not have a physical support. That is, there are no bills or coins as there are euros, dollars or pounds. The cryptocurrencies are virtual and although they can be stored in physical devices (purses such as hard drives or USB drives) they have no physical representation.
The second is that it uses cryptography to create new units, which is a gesture that implies that it does not depend on any government or country. With virtual currencies there is no central government or agency in charge of creating new currencies and putting more money in the market. As an example, Bitcoin uses blockchain technology to regulate the creation of new units. In addition, in this case, the number of available currencies is limited, something that is not always repeated with other cryptocurrencies.
Types of cryptocurrencies
Dash, Ethereum, Ripple, Litecoin … there are many virtual coins beyond the famous bitcoin. In fact, today the number of virtual currencies far exceeds 1,300 worldwide.
What differentiates cryptocurrency types is the technology used for one side and its philosophy for another. To understand it better, most currencies use blockchain technology but with changes that can be made faster in processes, for example. In addition, there are also currencies that use all the other cracks. One This is the philosophical part of How to Put the UN Finite Number a https://www.finect.com/blogs/learning-over-investments/articles/inverting-bitcoins- should the coins be in circulation (bitcoin) or Do not do it, as well as the degree of transparency in transactions.
List of cryptocurrencies
How many cryptocurrencies are there? More than 1,300 and going up. Each week a new virtual currency is created in a process that is called ICO and that we will summarize later.
The most popular virtual currencies right now are the following:
List of cryptocurrency
Bitcoin Litecoin Nxt
Ethereum Bitcoincash Tron
Ripple Dash Iota
Montero Zcash Cardano
Stellar Nem Neo
The current number of coins is much wider and continues to grow every day. To consult the legal cryptocurrencies you can use these links with more than 800 cybernetic currencies and their corresponding quotation: World Coin Index and CoinMarketCap.
In both places you can compare with the most important virtual currencies and also see the price of these virtual currencies.
The world of virtual currencies never stops and almost a daily new proposals arise, known as altcoins or alternative currencies in reference to that it is alternatives to bitcoins. In the previous point we have reviewed some of the most important and now we will see how to invest in new virtual currencies.
Just as there are exits from a stock exchange of companies, the crypto currencies also have their long term. These are the so-called ICO or Initial Offer of currencies and that invest in the stock market will remind you of the IPO or initial public offering that recovers the exits to the market and is called OPV in Spanish.
ICOs are used to finance business projects and culminate with the birth of new virtual currencies. With the ICO, the company puts new virtual currencies into circulation in exchange for money. An example in the new project Tutela training platform, which has launched its ICO integrating blockchain technology in its business model.
In what cryptocurrency to invest
Winning coins with cryptocurrencies is possible, but you have to know why to bet and do it. In this sense there are different ways of investing in cryptocurrency from trading with cryptocurrencies to mining virtual currencies. Choosing the asset and the form of exploitation is key, especially when they are so volatile and have so much risk.
Are there some of the most profitable crypto currencies of 2017? Which currencies have been obtained better yields? The following list shows the most accumulated benefits since its appearance as ICO (it does not include other currencies launched in another way).
Nxt Accumulate a return of + 2496805% since its launch.
Iota. Accumulate a return of + 837592% since its launch.
Spectercoin. Accumulate a return of + 543129% since its launch.
Neo Accumulate a return of + 517510% since its launch.
Ethereum Accumulate a return of + 429500% since its launch.
Stratis. Accumulate a return of + 296076% since its launch.
Ark. Accumulate a return of + 79538% since its launch.
Lisk Accumulate a return of + 37392% since its launch.
Storj. Accumulate a return of + 21285% since its launch.
Qtum Accumulate a return of + 19069% since its launch.
You can access the full list in this Icostats link. Within the platform it is also possible to list the ICOs for the most profitable currencies in the last month and even buy it with the profitability of Bitcoin.
If you are looking for the most profitable virtual currencies in 2017, this is the list
Ripple. The big star of 2017 with a profitability of 36000%. No cryptographic currency gained more.
Nem. Only surpassed by Ripple in terms of growth and very little. He added 29842% last year.
Stellar. Another one that lived a great 2017 with a performance of 14441% in 2017.
Dash It closed the year with a 9265% return.
Ethereum The best known and clearest alternative to Bitcoin gained a not inconsiderable 9162% in 2017.