Top 10 cryptocurrency 2017, to buy or not? What do you think?

in #cryptocurrency7 years ago

All somehow heard about cryptocurrencies. Someone doesn't understand what it is and don't even want to look into this, someone thinks cryptocurrency is a toy and a "bubble" that will burst, and someone saw them and financial future an alternative way to profit in the present. For those who are feeling positive in relation to cryptocurrencies, for the sake of new knowledge and the material.

The value of cryptocurrencies

Cryptocurrencies are very many (about eight hundred, maybe more), but if they're all as promising as bitcoin? The theory of probability and common logic, the answer will definitely be negative. And who knows, if bitcoin pioneer, would now climb to the top and become the king of the hill. At the same time it cannot be denied that any of the altcoins today has a chance to be among the Top cryptocurrencies in the future.
Since this is not a complete study of a hundred pages, considering altcoins, we rely only on a few factors:

the popularity of the specific crypt (from the people and punters);
the cost at the moment;
growth dynamics during the first half of 2017;
and, of course, market capitalization.

So if You don't see here, cryptocurrencies, which received yesterday the insider had already bought, do not worry, so she just did not get into the sample. You do understand that to consider all these hundreds of choices is simply unrealistic.
The clarification! On the consideration of ONLY "independent" (so to speak) of cryptocurrency, no assets, built on other people's platforms. Therefore, questions such as "what about Golem, Gnosis or Augur?" would be inappropriate.

Top 10 cryptocurrency 2017

We'll start with the fact that we choose the first ten cryptocurrencies, which have the largest market capitalization. With this indicator usually starts all cryptocurrency charts. We're not going to break a tradition, so we will use any of the charts, to understand, who at us the most.

In our case, market capitalization, it is "released" amount of assets (coins, ether), multiplied by the current market value. For example, take more than 16 million bitcoins, and so much available today in the market (column Circulating Supply) and multiply by the cost you$ 2,500 (column Price) received 41 billion (column Market Cap) is the market capitalization of bitcoin (see table).

It is not surprising that the first two lines is a Bitcoin and Ethereum – yet they sit firmly in their positions and pass their not going to like. But with them today and so everything is clear, so look at paragraphs 3 to 12 – this is our TOP 10 cryptocurrencies by market capitalization.
About some of these altcoins have probably heard (Ripple, Litecoin, Dash, Monero),
In any case, these currencies have at the moment, the high capitalization and, therefore, they are demanded, and the probability that tomorrow they scamalot (Yes, this too can be) extremely small.
Altcoins are now beginning to capture the market and many players just look at them, starting slowly to change bitcoin, which affects not the best way to its percentage of the total market capitalization.

On the chart below (in 2017) is clearly seen as the violas steadily taking a market share of bitcoin. Best of all, of course, is air, but other currencies are not far behind - there is a 6 out of 10 of our Tops. For example, Ripple bitcoin confidently bites ass. The remaining 5 can only lick his toes, but who knows what will happen next month or even tomorrow:

With a market capitalization we are a little settled, now let's see how the rising cost of our altcoins since early 2017 and to this day.

Ripple

Ripple is worth a penny and the Top is growing, 4800% over 5 months!
As you can see by the schedule, until the end of March this crypt was in hibernation, but then went all the action today for one coin give 0.29$.

A snort: "What the hell? This is mere pennies!". That's right - it's a penny TODAY. But You remember the famous story about bitcoin:

May 22, 2010, when bitcoin was estimated to be a fraction of a cent, a Laszlo Janiec agreed to give one person 10000 bitcoins, if he would order him 2 pizza Papa Johns. The transaction took place: the first got two pizzas and the second some strange coins. Today is the first tearing their hair, and the second, on the condition that he not spend the chops, is a $$$ millionaire!
But back to our sheep coins. Price 29 cents looks funny, but NOT when we bought these coins in the beginning of the year for 0.006 cents.

Let's not count pennies and percentages. It turns out that for 5 months of the Ripple increased by more than 48 times – and this note(!), 4800%. For 5 months of 4800%, Carl!

Have you seen the hype? Know what I saw - he fastah see it all the time, though, nobody ever, such payments are not received. But with Ripple, everything is much easier: bought given to lie down, then sold for a profit and took the island well, or a sports car or something.

Imagine buying$ 10 (and it is minimal in HYIPs) at the beginning of the year 1666 coins and now selling them for 0.29$, we would get a 483$. But if You go into HYIPs acres or Pyatihatki? So consider how You can make money during these five months.

Litecoin

Litecoin - growth over the 3 months to 620%!
The situation, as with Ripple, the active growth began with the end of March. During this time, the lights went up in price from 4.36$ 27,32$ per share (which surprised even their Creator, according to his reaction). Grew by more than 620%, which is also a very chic result.

Make a small parallel with HYIPs. This year, only Titan Razzleton gave a 400% profit, and at the distance of more than six months, and then for 5 months 620% difference in half!

Dash

Dash - an increase 1270%!
Here the growth is observed from mid-February and is approximately 1270% (from 11.21$ 141.82$) during the period under review.

Monero

Monero - an increase of 312%!
This currency throughout the period was relatively constant (compared to the above considered by the violas). On 1 January the cost was $ 13.55$ per coin, and today its price has risen to 42.37$. This is the "worst" among our Top 10 of cryptocurrency. But we're never mad at Monero, because the growth is there and he is 312% - and this is a great level of HYIPs working for about six months.

Other currencies from our Top 10 show the same rapidly takeoff dynamics, some more, some less. But one thing is certain – many who saw this increase and believed in him, during this time, secured a pension. Maybe You are one of them, huh? :)

Therefore, focusing only on the considered indicators, it is possible to draw conclusions about the most interesting and chassis options today. Well, let's summarize...

All altcoins from our TOP 10 cryptocurrencies you can safely take a place in the portfolio and the likelihood that their growth can earn very high. Therefore, Ripple, NEM, Ethereum Classic, Litecoin, Dash, Monero, as well as more exotic currencies for most of Stratis, Bytecoin, Waves and Stellar Lumens can already begin to collect, and would have to start doing yesterday.

Here you can safely add other coins that had not been discussed in the article, but in the TOP 50 for sure, and many they are hearing is and Dogecoin, and zcash for, and Peercoin, and many others.

What do you think? Write your point of view about it.

All of these cryptocurrencies are mined here EOBOT https://www.eobot.com/user/462298

EOBOT+STEEMIT=FRIENDSHIP

Sort:  

Congratulations @brova1975! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes
You made your First Comment

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Thanks for the detailed information I do not know that here, and even give rewards.

I think a lot of these top 10 will grow and succeed over the next few months particularly but not at the rate of April-May. I do however see Bytecoin falling as I've yet to be shown a decent use for this coin (that's different to similar coins)

Thanks for your answer

Nice post. Good to see I'm not the only one that is thinking about this. Buy low, sell high, it seems so simple but most investors still don't seem to get it :-) Do you know this interesting site? https://www.coincheckup.com For a complete crypto analysis on every single tradable crypto out there.