These cryptocurrencies could give you great ROI in 2019, check out which one

“The future of money is digital currency. - Bill Gates”

In this fast-moving world of digits and numbers, cryptocurrency is defining to provide a secure medium in exchange of the days of virtual transaction. With distribution of cryptocurrency, money is being managed, endorsed and issued with a continuous activity on peer's machine, known as mining. Unlike everyday money, cryptocurrency is used in the form of a digital coin which is broadcasted to the Blockchain network under a public key. The Blockchain is the cahier's registration where the coins are safe and secure under a password protected digital wallet.

Cryptocurrency has some salient features –

it is known for its speedy transactions, security with anonymous users. Another factor of cryptocurrency system is materializing the funds in minutes as compared to traditional banking system. Crypto coins rates fluctuate in the digital ecosystem according to the rise and fall of the demand. Bitcoin, being the largest and the successful cryptocurrency until 2017 faced a sudden dive. It has also been tumbling throughout 2018 with 83% with similar losses of Ethereum and ripple (XRP)

There are some economists, who feel skeptical about the technological disruption caused due to digital currency, while others are excited to see the lightning revolution in the digital industry.

Seamlessly, the cryptocurrency is expected to evict the national currencies by 2030 in the developed countries. With the plunge in the Bitcoin another cryptocurrency like Ethereum, Ripple, Litecoin and many more have also been affected. This hefty change is threatening the International Monetary Fund (IMF), doubting that cryptocurrency will dominate the regular commerce bringing out more economic value which could affect the central and international banking system in near future.

What is the investment landscape of cryptocurrencies?

“Cryptocurrency is such a powerful concept that it can almost overturn governments – Charles Lee”

There are more than 1590 available cryptocurrencies out of which many are not going to perform well in long run and some might quite. The virtual currency faced a lot of ups and downs in recent years.

It is sensible to know the most profit generating coin in the coming year.

There are many potential cryptocurrencies upon which you could invest that can withstand in the industry.

1. EOS is Developed to address the deficiencies of Ethereum –

EOS is a scalable, faster, and more flexible platform than Ethereum. When introduced in the market was known as the “Ethereum Killer”. Used for developing and hosting large scale Daaps, Inter-Blockchain communication, as well as separates authentication from execution, EOS has shown itself to be a worthy competitor. Interestingly, the range of services it provides require no programming to use which has made it the most promising platform to invest in the coming year. Usable web toolkit for interface development self-describing interfaces declarative permission scheme. EOS VC is a unique among venture capital as it focuses on investing in projects that aim to help to build EOSIO system.

2. RippleNET is created to serve centralized transaction –

The third largest coin in the market cap with a market capital over $18 billion circulated. Ripple was developed to offer financial transaction services to the banking institutes across the globe. It connects banks and payment providers via RippleNet for seamless experience for sending and receiving money globally. Ripple never hosted a token sale for its native currency, customers can have access to source liquidity using the world’s fastest and the most reliable digital assets for payments: XRP creating competitive cross-border services. Ripple has been adopted by the large financial institutions such as Central Bank of Saudi Arabia, American Express, and JP Morgan.

3. Stellar is frictionless and seamless for global money transfers –

Stellar is a financial settlement network that focuses on individual user instead of large financial institutes. The network uses Stellar Consensus Protocol for verifying transaction. Also it is quick and reliable, and move across borders for fractions of a penny. One of the supporting partner of Stellar is IBM. Its goal has been to provide fast and efficient transactions across globe of which it has always lived up making Stellar the reason for a long term investment.

4. One of the largest Blockchain-based operating system is TRON(TRX) –

This heavily used coin remains at 10th position on the Coin Market Cap's list. TRON Wallet supports TRX that can consistently handle 2,000 transactions per second 24X7. Token has been migrated from ERC2 TRX to MainNet TRX which is going to rise at great velocity and is just one step behind Cardano (ADA) and Bitcoin SV (BSV). TRON (TRX) coin has managed to set new records beating Ethereum with its improved TPS. TRX claiming plan for Dapps is built to improve TRX application scenario where developers can apply for a certain amount of TRX from TRON and reward users. Users can create a positive cycle by paying for the services provided by the Dapps which they gain to expand the ecosystem of Dapps. TRON, a decentralized foundation has come up with TRON ECP which encourages startups and developers to co-build with TRON ecosystem for a long-term communication. Through this platform, users can submit their project and apply for resources like capital, technical support. With a reliable network structure, user asset, innate value and a higher degree of decentralized unanimity all come with rewards distribution mechanism.

5. Spend safely without letting others track your activity through Monero –

Monero use ring signatures, ring confidential transactions with keeping all the transactions origins, amounts as well as destination in private. With Monero, you are your own bank. The sending and receiving address are kept secure in Monero Blockchain which is unlikely to link the transactions to the real-world identity. The commutable feature of the Monero does not let the units into blacklist by vendors due to its previous transactions associations. You would not need to rely on the third party to keep your Monero safe. Monero comprehends things through category from developing a wallet to supporting a network. Its benefits of a decentralized cryptocurrency with PoW verification protocol making it one of the best cryptocurrency to invest in 2019 without having any allowance.

6. Steem, a Social Media model that gives perks to contributors –

Steem shareholders of social media platform make billions of dollars with the user generated content. Here users are the real stakeholders who have the control over their data and cryptocurrency rewards they receive for each contribution made. Steem is the only Blockchain to handle the social application at scale which also permits free transaction through intelligent bandwidth allocation. It has already crossed over 1 million people using 324 Steem-based apps leaving Bitcoin and Ethereum behind. Steem makes immediate revenue streams possible with processing to occur in every 3 seconds. To entice and participation of users, Smart Media Toke (SMT) a digital asset, is used to integrate incentives. Top 5 Steem-based apps are- Steemit, eSteem, DTube, Utopian, and Steem Monsters.

7. The first ever to evolve out of a scientific philosophy and research driven approach, Cardano –

Rising with more advance features, Cardano is an open source smart contracting platform with a decentralized public Blockchain and a cryptocurrency project. Cardano uses Ouroboros, a new proof of stake mining algorithm, it is a major innovation in Blockchain technology as well as supports ADA cryptocurrency. Ouroboros eliminates the barriers that stand in front of Blockchain ceasing its scalability for much wider use. This protocol proves to be secure which has gained acceptance through peer review and the level of security it demonstrates is quite equivalent to that of Bitcoin’s Blockchain. Daedalus wallet is a multi-secure platform, HD wallet to use ADA cryptocurrency. Wallets can be exported to paper certifications that allows funds to store safely in cold storages. Encrypted private keys and passwords (spending) protects against malwares. Monitors configurable transactions for the users to be assured when the transactions become irreversible.

8. Golem is a Global, open-source decentralized supercomputer –

Golem in future will bring improvements in terms of flexibility and robustness. Its first ever software, Brass Golem, focuses on single use case: CGI rendering. The results arrive much faster when running a task defined by you on your machine also accepted by the providers, which ensures you the price you are going to pay before submitting a task.

One of the future use cases of Golem is machine learning which has a hunger for computing power. Its main purpose is to provide developers with a set of tools that enable them to host their machine learning stack. Golem enables users and application to rent out things of the users, where a single PC owner to a large data center can share resources through Golem and get paid in GNT (Golem Network Tokens). Golem utilizes an Ethereum based transaction where all transactions take place in sandbox environments and are fully isolated from the hosts’ system. The application registry and transaction framework enable anyone to deploy, distribute and monetize applications in Golem network.

9. After NEO and Ethereum, VeChain is next to gain the momentum –

VeChain has partnered with multiple corporations from different industries such as healthcare, finance and real estate. As an added advantage to the crypto platform which other cryptos have been trying to achieve. VeChain has emerged as the 25^th largest cryptocurrency by the market cap.

VeChain Thor has announced Enterprise Dapps solutions, similar to Ethereum, that will provide top-notch companies with elite business solutions. VeChain Thor has two different token – VeChain Tokens (VET), Thor Power (THOR). The VeChain Token is smart payment currency to run business activities on Blockchain. On the other hand, Thor Power will only be given to the VET holders with the advantage to perform smart contacts and run applications on the Blockchain, similar to the NEO GAS Token. VeChain Wallet (VEN) is one of the leading Blockchain with the most promising ICO platform for decentralized transaction in information and products. The top-notch companies which are partnered with VeChain are: PwC, Microsoft, DNV CL, HyperLedger, Renault, China Unicom, Jiangsu Printed Electronics Co. Ltd and Hubei Sanxin Cultural Media Ltd.

10. Autonomous Metanet Nebulas is the future of collaboration –

Nebulas provides the native on-chain incentive to developers with authenticity, fairness, and diversity. A core ranking algorithm, Nebulas Rank (NR) is an open source based on liquidity, propagation of user’s assets, and the interactivity between users. It is also used to rank smart contacts, decentralize apps and other entities on Blockchain. Nebulas Blockchain Runtime Environment is the foundation of core protocol and algorithm upgrades. NBRE automatically acquire and execute latest version at runtime effectively. Nebulas provides native on-chain incentive which includes Developer Incentive Protocol (DIP) and Proof of Devotion (PoD). For creating high quality decentralized application, developers are rewarded with Nebulas coin (NAS). Now is the time of great opportunity, challenge and hope.

In Conclusion –

Public view on investing on digital currency is improvising. Therefore, financial as well as big institutions are beginning to invest even more on cryptocurrency and other crypto products. It is understood as the future investment that can throw a revolution. A good number of investors have made lots of money after investing in cryptocurrency. With sheer number of coins in the market and its variable price it is difficult for everyone to give profit. Nevertheless, the coin listed above are some of the most promising cryptocurrencies to invest. With the current state, 2019 already looks like it is going to be great year for cryptocurrency investment.

Author Bio

Ashley Marsh is a senior content writer at Maan Softwares Inc. She has been writing for various companies for over four years on a variety of topics. Ashley specializes in technical writing with an emphasis in mobile development, web design, and technology trends. Ashley finds covering the tech world to be an exciting and engaging experience as each day brings new and groundbreaking technologies to explore and write about. When she's not writing about tech, she enjoys walking her two chihuahua-poodle mixes, Ginger and Pepper.