Top 3 Altcoins to buy in 2018

Whether you might see it as a scam, bitcoin has become very popular and its baffling enthusiast and cynics. As different investors continue to search for the next bitcoin, it is very important to know the financial problems that come with it since it is in a place where no one wants to be left behind. At the moment, the crypto market has around thirteen hundred altcoins which means that investors have to filter through so as uncover a coin with the best investment potential other than bitcoin.
There are 3 currencies that analysts recommend other than bitcoin which we should buy in 2018, they include;

1. Neo - it is known as the Ethereum of China. With a market cap of more than sixty billion, it comes second after bitcoin which means that it has a very long way to go. The founder of the currency one Da Hongfei has expressed some fears about how cryptocurrencies are getting overheated but he later added that with every technology, there has to be competition.

2. Cardano - this has been labeled as the third generation of cryptocurrency after bitcoin and Ethereum. Compared to other altcoins, Cardano has been designed in such a way that it can be able to give access to data It should also give quantum resistance signatures which means that more than one combination of characters can form a private key. In addition, it will focus on side-chains so as to enable scaling and other functions.

3. Monero - though it uses the blockchain technology so that everything can remain transparent, each detail still remains untraceable. Transaction features including senders, receivers and size will be concealed so that no one can trace them which will lead to anonymity. Though it might seem to have a good structure, unfortunately every cryptocurrency has its own share of challenges. For example, a merchant who would like to remain anonymous so as to avoid being a target would find Monero much convenient.