To invest money with the highest possible profit, it is enough to understand what cryptocurrency will grow in 2020. Despite the fact that the cost of coins on the market is a relatively unstable parameter, which depends on a number of objective factors (software updates, government regulation, wallet reliability, etc.), experts have already prepared a forecast from which it can be understood which cryptocurrency will be the most promising in 2020, and which investments should not be spent to avoid possible losses.
Bitcoin
The undisputed leader in the cryptocurrency market is still Bitcoin. He will be able to maintain his current value thanks to:
- the prospect of a large-scale financial crisis that will affect many countries;
- cash inflow from investors;
- the highest possible implementation rate.
Large companies are increasingly abandoning "traditional" money in favor of BTC, hoping to receive good dividends from such an investment. And this gives Bitcoin additional value, due to which its value by next fall will be at least 13-14 thousand dollars. In this regard, for beginners who do not know what cryptocurrency to buy in 2020, experts advise to give preference to BTC, which under any conditions is unlikely to significantly decrease in price.
Ethereum
Despite the fact that Ethereum is one of the key platforms for application development, experts are very wary of such a cryptocurrency and do not advise investing in it. And this is due not only to the high risk that the network used can not withstand the increased transaction load, but also to the lack of reliable information about the exact issue of such coins.
The negative factors that may affect the cost of Ethereum include the active promotion of Blockchain 3.0 and 4.0 projects. According to the most optimistic forecast, the price of such a cryptocurrency will be about 11.375 thousand dollars.
Ripple
If we approach the forecast from the point of view of the position in which cryptocurrency to invest in 2020, then, according to experts, do not lose sight of Ripple. Recent events clearly indicate its prospects, especially since XRP in the near future may receive the status of "king" of the banking structure. In addition, persistent rumors about cooperation with Western Union should not be discounted (XRP is more likely to replace the SWIFT network), especially since Moneygram is also interested in such cooperation.
Experts give different forecasts regarding the cost of Ripple. But they all agree that this is an ideal option for long-term investment, since in a few years its growth may reach even 450-500%.
Eos
Another currency worthy of investors' attention is EOS. It is assumed that after EOS.io becomes the most popular corporate application, such a coin will be a reliable source of profit. And, according to experts, if someday Uber, Twitter and Facebook want to switch to decentralized platforms, then it can be argued that they will be built on EOS.
It is assumed that 2020 will be successful for owners of such a cryptocurrency. But here it is important not to miss the moment of its sale, since if in the spring it will cost about 95 dollars, then by December its price will drop to 55 dollars.
Stellar lumens
XLR has great prospects for development, especially since this platform is the main competitor to XRP.And if Ripple can become a key player in the banking segment, then Stellar Lumens has every chance to dominate in the following areas:
- ICO at Stellar;
- decentralized exchanges;
- cashless money transfers;
- cross-border payments made in small banks;
- Lightning Network implementation.
It is assumed that the price of cryptocurrency will be 0.64-0.7 dollars. But this is the most pessimistic forecast, as other experts predict a significant increase in its value.
NEO
The Chinese NEO continues to gain popularity, due to the use of revolutionary technologies, on which the future success of the coin largely depends. Experts are sure that the NEO ecosystem has great potential and can even become a large public infrastructure (the government of the Celestial Empire is directly interested in this). It is easy to assume that if a decision is made to create a "crypto yuan", the coin will receive an additional competitive advantage, which cannot but interest investors.
Subject to the support of the Chinese government, the cost of NEO may be 200-300 dollars. per token. In another scenario, it could be 77-88 dollars. And this is a direct answer to the question in which cryptocurrencies to invest in 2020 in order to get the maximum benefit.
Litecoin
Another competitor of Bitcoin - Litecoin continues to consistently conquer the market, successfully using its technological superiority for this. This is largely due to the fact that Bitcoin cannot receive the status of a global payment system. And the Litecoin platform is ready to share the overwhelming load for it.
This cryptocurrency is considered an excellent investment option for the long term. In 2020, its price may rise to at least $ 80, although some experts predict an increase in value by 440% to $ 234.
QASH
If the investor does not know which cryptocurrency to mine in 2020, he should think about the QASH platform, where you can trade altcoins without having to exchange them for BTC and ETH. Some experts predict the cost of QASH tokens at $ 12, which indicates the profitability of such an investment, given the current price of $ 1.65. However, other experts are more restrained in their assumptions and believe that next year the maximum price of coins will be $ 7.
Read also:
- What will happen to the dollar in 2020
- Economic forecast for Russia in 2020
- The budget policy of the Russian Federation for 2019-2020
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Steven
But what about krypton? In 2020 should enter the market. As part of the ecosystem, Utopia is very promising.