The year 2018 is surely going to be a huge one for Blockchain, for Cryptocurrency, and for the investors who are purchasing them. The crypto market is on the rise and we know it is going to boom this year, so why not have some coins handy to see them boost up and give you some good returns? Below is the list of the cryptocurrencies that I am personally going to hold throughout the year, though with a regular assessment of the pricing because the profits of whichever will be converted to Bitcoin.
No, the list will not have Bitcoin because I don’t plan to buy any more Bitcoin. After trading for quite some time now, one thing that I learned is that when you have some good crypto coins in your portfolio, with a rise in any of them, you try to take the profit out in the form of Bitcoins and that is how you accumulate the coin without buying it.
The Cryptocurrencies that I hold for 2018
- ETH (Ethereum)
- LTC (Litecoin)
- XRP (Ripple)
- XVG (Verge)
- TRX (Tron)
- IOTA (MIOTA)
- XLM (Stellar Lumens)
- FUEL (EtherParty)
- ADA (Cardano)
- NXT (Nxt)
There are some reasons for me to have these coins over the others, a few popular ones included, and the major reason would be the technology that is backing them. But for the coins like Ethereum and Litecoin, it isn’t only the technology but also the trust on them.
Ripple has shown its potential already and the RippleNet tech has been tested by several banks, almost all with positive signs that they might be adopting them in the future, and thus XRP is headed to bigger numbers ahead. Verge has been showing positive signs and while writing this, the Verge developer team is working to bring Wraith protocol and if that happens successfully, I am sure the adoption of XVG will be much higher.
For some coins, it is also a gut feeling that these will grow well, if not at a huge pace but steadily. In that case, I trust IOTA, XLM, FUEL, ADA, and NXT to go up.
If I get a chance during the year, I’d be investing in DASH, XMR, OMG, STEEM, and NEO.
Note: All these coins that I talk about are mainly based on my trust, so don’t take these as full suggestion for you to buy.
Which coins do you hold and trust to grow?