My Top 5 Cryptocurrencies for 2018 + Price Predictions!!

in #cryptocurrency7 years ago (edited)


This will be a very exciting year for the crypto world as we see thousands of new coins enter the market, all competing to get into the popular exchanges and on to coinmarketcap for maximum exposure. Those that invested in Bitcoin early are now very well off and so it makes sense to invest early on the new cryptocurrencies entering the marketplace and if you put your investment with the right company, you could become the next millionaire!

Sadly, this new craze of cryptocurrencies is bringing about those certain individuals that are out to steal our wealth.

There have been many reports of quite of a few cryptocurrencies being scams. You get sucked in by a very appealing ICO (Initial Coin Offering), they take payment by popular crypto coins (BTC/Eth/Ltc) and then in return will give you their own coins and you hope for the coin to double or triple in value very quickly but quite often the website will go offline, no response from support and you're stuck with coins that are worthless - and that's if they haven't faked a "hack" and stole back all the coins they gave you.

Remember: There will always be a level of financial risk but with cryptocurrencies, the risk is a lot higher, especially as it is still an unregulated marketplace. Always do your own due diligence.

So Which Cryptocurrency Is Worth My Investment?

There are many things to consider when choosing the right cryptocurrency to invest in. Below I am listing my 5 top crypto investments for 2018, in no particular order.

ETHEREUM

With all new crypto coins using the core of Bitcoin and Ethereum, it makes only sense to invest in this beast. Ether has made some nice steady gains and is now trading at just over $1100. This might seem expensive now, considering it was only at $450 a month ago but 2018 will bring thousands of new coins to the marketplace and many of them will be adopting the Ethereum core and in order to then buy into those coins, investors will have to convert their Fiat to Eth first.

PRICE PREDICTIONS FOR ETHEREUM
It's very difficult to give an accurate price prediction for an asset that is still very new to the market and growing at such a fast rate. However, we will do our best without getting overexcited and ahead of ourselves with the numbers.

2018 Q1: $3000.00
2018 Q2: $9000.00
2018 Q3: $27,000.00
2018 Q4: $50,000.00

That is right - I am predicting that the price of Ethereum will reach a staggering $50,000.00 by the end of 2018.


RIPPLE (XRP)

There is a lot of controversy around this coin - goes against decentralization and is not a real cryptocurrency etc. To be honest with you, this coin has made some seriously ludicrous gains in 2017 and I am definitely of the opinion that this coin will be getting much stronger in 2018.

Ripple is well known for it's incredibly fast transaction times and almost zero fee's. Banks use outdated and expensive technology. The mass adoption of Ripple makes sense - the system is working, it has been tested and proven by the Bank of England amongst others. It was created to help the banks not fight them.

From an ATH Ripple has made a 54% deep correction in price back to $1.52 but today we had news that MoneyGram have partner-shipped with Ripple for their payment processing technology and with this news, we have seen price make a staggering recovery back to $2.30 within the hour.

We will see more partnerships for Ripple this year and with everyone wanting to get in early on the next Bitcoin-Like-Craze, we will definitely see the price of this coin surge.

But how far can it go? Think of the Marketcap...
When Bitcoin first hit $300 nobody thought it would ever get anywhere near $20k but it did and everything seems impossible until the first time it is achieved. If we have a mass adoption of Ripples technology globally throughout banks & financial institutions and with more & more people buying into the excitement of the XRP surge - I think marketcap limits go out the window.

RIPPLE (XRP) PRICE PREDICTIONS
2018 Q1: $5
2018 Q2: $15
2018 Q3: $30
2018 Q4: $50

Yes - this would take the #1 spot on CoinMarketCap at todays levels but marketcaps for Bitcoin + Ethereum alike will also increase.


SIA (SC)

Sia is about to revolutionize cloud hosting - making it cheaper, faster and much more secure!
When you upload files to the Sia cloud storage, the files are fragmented and distributed across the blockchain network - all encrypted with your pass. So unlike leading competitors that store your files at data centres, Sia uses the blockchain network to store the files on the laptops and computers of all it's users globally, making it much more secure.

What if Google took a devastating blow to it's datacentre for Google Drive? Think of the costs to maintain the data centre.

Sia allows users to rent out their unused hard drive space and in return rewards them for their uptime with Siacoins. Your files are fragmented and stored in multiple locations so even if one machine is offline, the file can be retrieved through another. With no hardware for Sia to maintain, it can provide 1Tb of cloud space for as little as $2.00/mo where it's competitors are charging near $24/mo.

Although Sia has a working product, it is still in the early stages so investing in Sia right now makes sense as it is very cheap, currently trading at $0.048. Sia is open-source so developers from around the world can get involved to help grow the platform and develop new applications to run with it.

SIA (SC) PRICE PREDICTIONS
2018 Q1: $0.08
2018 Q2: $0.20
2018 Q3: $0.60
2018 Q4: $2.40

If the Sia devs can stay committed to the project and continue to bring out the updates they have on the roadmap, I think this company has the potential to completely revolutionize the cloud hosting industry.


GOLEM (GNT)

Ever tried editing a video on your computer before uploading to youtube and found it really slow and unresponsive? - Golem is the answer + So much more!!

Golem combines the processing resources from all computers across the blockchain network to compile a super computer that can process absolutely anything from anywhere. This means you won't have to spend thousands upgrading to more powerful machines to deal with the demand for more processing power and whatever it is you're trying to do, it can be done using the Golem Supercomputer! - The possibilities are endless.

Golem is insanely undervalued and actually it's one I didn't really take an interest to until I saw the video released by Shaun Lee of Cryptonary. He explained in great detail how the technology works and why it's so undervalued. The devs have been busy focusing their efforts on ensuring the platform and foundation beneath it was strong before really taking to market. Until recently, there was hardly any activity on their social platforms but we're now seeing a lot of activity and other companies are now working to produce applications to work with Golem.

Imagine if Golem was globally accepted and used by all industries. Architects, Doctors, Banks, Accountants, Scientists & Engineers... the list is endless.

GOLEM (GNT) PRICE PREDICTIONS
2018 Q1: $1.50
2018 Q2: $4.50
2018 Q3: $15.75
2018 Q4: $55.00

How would you value the worlds most fastest and most powerful Super Computer?

I am heavily invested in these four cryptocurrencies and I do intend to continue investing as I strongly feel that these are very much undervalued right now. We've had major corrections on most cryptocurrencies, giving great opportunities to get in at bargain prices.


STEEM

Steem puts a twist in social platforms by taking Worpdress + Twitter and mixing it together!
It allows publishers to monetize content with a very generous rewards scheme and grow communities. Use rewards to Steem Up and give extra voting power or even withdraw Steem coins to your coin wallet + more.

I was really impressed with the website, design and layout but even moreso when I found that actually... Steemit content was being ranked quite highly on Google. So I decided to give it a second look and what I found completely shocked me.

In just over a year, Steemit has achieved a domain authority of 73/100 and a Global Alexa Rank of 1418. To put this into perspective, Facebook has a domain authority of 100/100 because they are globally recognised and your average Joe's website will have a domain authority more in the region of 1-30/100. For a site that was created in December 2016 and has not really had much time to mature, the rankings are phenomenal and it is because the core structure is so well optimised and the site is packed with high-quality fresh content being added all the time. - In fact, if you publish a post and check on Google, it will likely be indexed within the hour.

It was an absolute mission signing up because there were so many people trying to sign up all at once and when I checked on the GitHub community I found that every 15-20 minutes if I refreshed the page, there was a new comment from someone else who was also stuck trying to sign up - it was that crazy!

I believe at the rate Steemit is growing and how well the core is developed, this will definitely give other platforms a run for their money. I've seen others try and fail but I strongly believe Steemit is here to stay and we're still in the early stages of it's development.

STEEMIT PRICE PREDICTIONS
2018 Q1: $6.50
2018 Q2: $9.75
2018 Q3: $14.50
2018 Q4: $25.00


I would be interested to hear from others their views on the above coins and price predictions. Where are you putting your investment in 2018?

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While it would be awesome if your predictions came true... $50,000 ETH at year end 2018...$5 Trillion market cap. That may be true in a decade or so but this year... come on now.

Keep on dreaming. People like you are misleading not so savy investors.

Dude, you are way off. I mean really. You should look at the marketcap of a crypto. Smaller cryptos can still grow like this, but the big ones can't. There is only so much money in the world.

Not sure if you commented before or after I made edits as I found some errors including Steem Q4 prediction and forgot to dress up some of the fonts. You're right there is only so much money in the world, around $5 trillion according to the Bank for International Settlements.

In order for Sia to reach my target for 2018 Q4 it would need a marketcap of around $86B - to put that into perspective, Amazon's marketcap is $309B.

In order for Steem to reach my target for 2018 Q4 it would need a marketcap of around $10B - to put that into perspective, Twitter's marketcap is $18B

Does a marketcap for Ripple alone of close to 2 Trillion seem right to you?

Like I said - everything sounds impossible until it is achieved.
Apple on the 17th December 2017 hit a record of $909.8B market cap.
PetroChina on 5th November 2007 hit a record of $1 trillion market cap.

According to Bank for International Settlements there is $5 trillion around the world.
According to the CIA, the total amount is $80 trillion if you include "broad money."

I agree with much of this. Ripple is the hottest coin on the market right now and if it's added to Coinbase, it'll continue its hot streak. Only issue might be the volume.

Really expecting to see Ethereum take off this year as networks like Raiden continue to develop and show positive signs.

I'll be looking to put some money into some of the top ICO tokens in 2018. Tezos, Bancor, & BANKEX are all interesting (some aren't on the exchanges yet)

For sure this will be a very exciting and fast-paced year for cryptocurrencies. Bankex is an interesting one and I'm waiting to see how it evolves before I make my decision. Best of luck with your investments!

This sounds ludicrous. But we saw similar gains starting around June last year. Top magazines published on and on about the 'Crypto Bubble' and how it would burst. And it did. Only to come back with vengeance in December 2017.

Do I think @aefx786's ideas are crazy? Yes. Do I agree with others that there are poor grounds for his assumptions? Yes.

But I would never dare prove him wrong. Cryptos prices are powered by dreams of hitting the moon and beyond. I want him to be right.

The questions is: are you feeling lucky?

can you please expatiate how you arrive at these prediction especially that of steemit. variables used and if possible your calculation. this will help some have better understanding of your post.

Here comes an interesting article on What is ICOClap and its features
Hope you like it
https://goo.gl/LCwtc8

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