The year 2018 was saddled with bearish market, while this has in some ways discouraged a rather considerable amount of investors and blockchain stakeholders, it is imperative to bring to your notice that there is still plenty of greens in the cryptocurrency industry. Also, it is also important that I establish that investors are still trooping into the industry; these are investors that I refer to as people that are not in the industry for a quick profit. So if you are reading this and you are in for a quick profit, this might be beneficial to you. While it is good to invest wisely into a crypto coin that will yield good dividends, it is important that you know that it is not always a roller coaster ride that always go up.
One of the major causes of the bearish market of 018 was the saturation of the cryptocurrency space with different altcoins, giving way for incredibility, frauds and permeability. However, 2019 promises a market capitalization dedicated to eliminating these altcoin projects that shouldn’t have in anyway enter into the cryptocurrency business. This as a result may nullify many initial investments, but it will on a long run increase the worth of cryptocurrency that deserves to be invested in. So, I guess I can comfortably say that 2019 will see the increase of specific, special coins to the 200% profit mark. While the coins that I have given here are strictly based on prediction, I will like to state the fact that these predictions were made with available data.
On the index of performance, Ripple was sitting at the top in 2017. It growing at an amazing 35,000% profit mark in the year. Over the year 2018, ripple has been involved with hundreds of partnerships with major players in the bank industry. Most experts believe that 2019 for cryptocurrency, is the year of the investment of institutional money. With partnerships with giants like Israel’s GMT, MoneyGram, American Express, EarthPort and Akbank all line, all indications shows that Ripple is on the forefront in terms of security in the eyes of investors. It is not surprising therefore that Ripple is going to be a good hit in 2019, with over 200% profit mark.
Bitcoin is considered to be the king of cryptocurrency, with over 10 years in the market. Although the past one year have not been that good for the creation of Sahtoshi Nakamato, with it being on the bear market range. Bitcoin remains a strong holder in the market capital, holding more than 50% share. And with all indications showing that a possible expansion is imminent in 2019, it means that Bitcoin will also increase. Bitcoin also remains the most popular cryptocurrency, so it is the first choice of new investors. After it hit a $20,000 highest mark in December 2017, with an averaging price of $3,500 in December 2018, you will agree with me that everything is possible. And among all possibilities, forecasting have favored up to 300% increase.
Binance is currently the biggest cryptocurrency exchange in the world. 2019, from all indications promises even bigger improvements. Binance has continued to attract new investors, especially because it has a token with the most traded coins available in the market. They have a wonderful referral scheme, with easy exchanges. Coupled with the fact that holders of Binance get discounts on trading fees. With all these advantages at its disposal, we are sure looking at a 2019 with a profit margin over 200%.
OmiseGo is a payment terminal, said to be the cryptocurrency version of PayPal. They announced partnerships with the Thai Government this year, making it a probable king in the crypto market space with a government backed advantages. With major operations in Japan, Singapore and Indonesia, OmiseGo is looking forward to taking over the payment platform in 2019, attracting more investors and traders. This it does by helping giving people without bank account the opportunity to get banking services. With a good history so far, you can’t but deny that OmiseGo is coming with a big bang in 2019.