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CRYPTOINVESTMENTY O U ’ L L R E G R E T M I S S I N G

INTRODUCTION2017 was a great year for cryptocurrencies, and they’re continuing to attract new investors in 2018. Even though most of the cryptocurrencies experienced huge price corrections early into the year, the good news is that the cryptocurrency market has picked up again and we are hopeful that the rest of 2018 will be a good year. In this ebook, I am going to share with you the overview of the most popular cryptocurrencies. I will talk about their advantages, disadvantages and also their investment history. So, by the end of this ebook, you will not only know the top cryptocurrencies of 2018, but also the best ones to invest in. Let’s jump right in!

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TABLE OF CONTENTS

1. Bitcoin (BTC) 4

1.1 Should You Invest in Bitcoin? 5

2. Ethereum (ETH) 6

2.1 Should You Invest in Ethereum? 7

3. Ripple (XRP) 8

3.1 Should You Invest in Ripple? 9

4. Litecoin (LTC) 10

4.1 Should You Invest in Litecoin? 11

5. Investing into Cryptocurrencies - Long term vs Short term 12

5.1 Reasons for Making Long-Term Investments 12

5.2 Reasons For Making Short-Term Investments 12

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Created in 2008, Bitcoin was the first ever cryptocurrency. The interesting thing about

Bitcoin is that no one knows who created it. All we know is that he/she/they go by the

pseudonym of Satoshi Nakamoto.

It is the biggest cryptocurrency — it currently has a 40% share in the total cryptocurrency

market cap! Bitcoin eliminates the need for centralized intermediaries like banks and

credit card companies etc. when making electronic payments.

Bitcoin (BTC)

Bitcoin Charts 2013-2018. Source: Coinmarketcap

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If you want to invest in Bitcoin then you need to stay up to date with the latest news and

trends around Bitcoin. When news is released about a new technical improvement, you

might want to think about buying Bitcoin. If there is a huge fall in price of Bitcoin, then

that too might be a good time to buy it because of the low price.

If you have already decided to invest in cryptocurrencies, then it might be a good idea to

start by investing in Bitcoin. Even though you have missed the first major opportunity to

invest, investing in Bitcoin could still be a good idea.

Should you invest in Bitcoin?

If you want to pay 1 BTC to your friend, you can do it directly without having to involve

your bank at all. So, two words to describe Bitcoin would be — decentralized and digital.

Its aim is to create an alternative for fiat currencies, like USD, GBP, JPY etc.

Bitcoin is the oldest cryptocurrency and it still dominates the market - if it continues to

increase like it did in 2017, then investing in Bitcoin might be a good idea for 2018.

Bitcoin

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Ethereum is the second most valuable cryptocurrency after Bitcoin. Created in 2015 by

Vitalik Buterin, Ethereum is actually much more than just a digital currency.

Ethereum is a blockchain-based platform for developing decentralized apps and smart

contracts. Ether is the native cryptocurrency used for all the transactions on Ethereum’s

blockchain.

Towards the end of last year, the price of Ethereum was slightly higher than $720, with a

total market cap of around $70 billion. At the beginning of 2018, Ethereum climbed and

reached its highest price of $1423 on January 4.

Ethereum grew by about 3000% in the year 2017 and became the second largest

cryptocurrency, placing second behind Bitcoin.

Ethereum (ETH)

Ethereum (ETH) Price. Source: coindesk

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Unlike Bitcoin, Ethereum is not just a digital currency. It is a more advanced blockchain

project. This is because Ethereum offers something special — by using Ethereum’s

platform, developers can build their own cryptocurrencies.

Julian Hosp, a blockchain expert, said that the market cap of Ethereum could rise to

$200 billion by the end of 2018. If Hosp’s prediction is correct, the price of Ethereum

will nearly double to $2000. Hosp’s reason behind the prediction is based mostly on the

ICOs (Initial Coin Offerings) that decide to use the Ethereum blockchain in 2018.

I recommend that you think about adding Ethereum to your list, as I think it could be one

of the best cryptocurrency to invest 2018.

Ethereum also plans to improve their technology a lot this year, with new protocols

almost ready to go. So, watch out for Ethereum!

Should you invest in Ethereum?

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Ripple is a very unique cryptocurrency as it is focused on solving problems related to just

one industry — International Payment Transfers. It was founded in 2012 with the aim to

make international transactions both fast and cheap.

Of the total number of 100 billion XRP that will ever exist, 50 billion are owned by Ripple

labs (the company behind Ripple).

This is a very different approach compared to most other cryptocurrencies where there

is no central entity holding the majority of the coins.

Ripple was one of the best performing cryptocurrencies in 2017 with growth of around

36,000%! It grew from almost $0 at the beginning of 2017 and reached $2.4 in December

2017 — as you can see in the following chart.

Ripple (XRP)

Ripple (XRP) Price. Source: inanews

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Even though the price of one XRP is a lot lower than the price of one Bitcoin, XRP is still

the third largest cryptocurrency by market cap. What is it about Ripple that has made it

so popular for investors?

The main reason for Ripple’s popularity is that it is not just a digital currency, but also

a payment system. Ripple uses blockchain technology to make international payments

securer and faster. If you tried to make an international bank payment today, it would

take around 2-10 days for the transaction to process. The same payment, when done

using Ripple, takes a few seconds. How awesome is that!

But there’s more good news – many large financial institutions like American Express,

JP Morgan and Santander are already using Ripple’s technology. Also, Ripple has been

working with the Saudi Arabia Central Bank, China’s LianLian International and other

banks from around the world.

Based on what I just explained, Ripple’s future in financial industry could be a good one.

You should watch out for Ripple and learn more about their partnerships. Look out for

new partnerships too — if Ripple signs a contract with another large bank, then it could

increase the price of XRP.

The investors, who understood the services that are offered by Ripple, have made a lot

of money. After a fantastic 2017, Ripple could just be the best cryptocurrency to invest

2018.

Should you invest in Ripple?

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Litecoin was created way back in 2011 by Charlie Lee, an ex-Google employee. It was

built on the blockchain of Bitcoin itself, with the purpose of improving it.

So, like Bitcoin, Litecoin is also just a digital currency and does not provide a platform for

smart contracts.

Litecoin has made it to the top 10 cryptocurrencies as it has stood the test of time and

has been around for over 7 years.

The price of Litecoin grew from around $4 at the beginning of 2017 to a high of $358

in December 2017. However, just like most cryptocurrencies, Litecoin also followed the

price trend and dropped to $110 on February 2018.

Litecoin (LTC)

Litecoin (LTC) Price. Source: inanews

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Litecoin continues to interest investors because of its close connection to Bitcoin - it was

created in 2011 to improve upon Bitcoin’s technology. Litecoin completes a transaction

4 times faster than Bitcoin. However, unlike Bitcoin, the maximum number of Litecoin is

capped at 84 million — 4 times more than the coin supply of Bitcoin (21 million).

Litecoin was the first cryptocurrency to perform a Lightning Network transaction in May

2017. Using the Lightning Network, 0.00000001 Litecoin was transferred from Zurich to

San Francisco in under one second!

Keeping all of the above mentioned variables in mind, Litecoin should definitely be on

your investment consideration list!

Should you invest in Litecoin?

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A long-term investment is one where you expect a cryptocurrency to perform better

over a longer period of time. Normally, the minimum time for long-term investment is

6 months to 1 year. Short-term investments are made over shorter time periods in the

hope of making quick profits. Short-term investments can take seconds, minutes, days

or even a few months.

Long-term investing makes your life easier as you don’t need to watch the market all

the time;

You believe that some cryptocurrencies will give a better return in the long-term;

You truly believe in the future of the cryptocurrency.

Low market cap;

High trading volume — lots of people are buying and selling it every minute;

Are currently trending on the news and on social media;

Have an ICO or have just finished their ICO — try to get them at a low price.

Investing into Cryptocurrencies -

Reasons For Making Long-Term Investments

Reasons For Making Short-Term Investments

FINAL WORDWhile cryptocurrencies can give you huge profits, you must be prepared for one more thing — to lose money. Remember, your predictions won’t always be right! Nobody truly knows what is going to happen to the price of a cryptocurrency, or any other investment. Do you know what most of the expert cryptocurrency investors say? You should only invest money that you are not afraid to lose. It’s great advice, so always remember it! So, this is the end of our Taking the Cryptic out of Crypto: 4 Cryptocurrencies to Invest in 2018 ebook. I hope that you now know which investment strategy will work best for you, and that you have a good understanding of what makes a good investment!