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The 2018 was not the best year for cryptocurrencies, but 2019 was, in short, a year of overcoming. Since then, more and more investors are attracted to everything this world has to offer. However, most beginners on the subject have difficulty finding the best cryptocurrency to invest.
But we’ve all been in that position, so … Don’t worry! We know that all this crypto assets can be a bit confusing, so we bring a list of the 5 best cryptocurrencies of last year so you can be guided and know all the possibilities you have at the beginning of this 2020.
Table of Contents
The most popular cryptocurrencies
1.- Bitcoin:
The always safe and reliable option. It can be said that Bitcoin is the grandfather of all cryptocurrencies. His behavior in 2018 was horror but, fortunately, he ended 2019 against all odds. Although its current price is far from its historical maximum, Last year, the market dominated, gaining 282% in just 6 months, so it remains an excellent option to invest.
So you probably wonder … Why is it still profitable? And is that Bitcoin has the highest liquidity among all other currencies, so it is the best cryptocurrency to buy if you’re just starting in this field.
2.- Ethereum:
We are facing another giant of digital finance. Ethereum was the first major project to introduce smart contracts and is currently widely used for application development.2019 was a very interesting year for this currency.
In the first semester, it managed to triple its value reaching its peak with a peak of 139%. However, in the second half of the year it suffered one of its most significant falls in just 10 days; During that period of time it lost 36% of its value.
3.- Litecoin:
Litecoin is one of the first cryptocurrencies to come after Bitcoin, and one of the most popular cryptocurrencies of the decade. Although its value is not exorbitantly high, as it happens with other cryptocurrencies, in 2019 it closed being one of the most reliable crypto assets on the market.
His behavior that year was curious, in the first 6 months he managed to gain 520% of its value. The second semester was not as positive, in fact, it fell to half of the previous cost but still remains among the top 10 positions (in terms of price) among the thousands of existing currencies.
4.- BinanceCoin:
Unlike Bitcoin and Litecoin, which aim to be used as currencies, BinanceCoin is a utility token more similar to Ether. This means that its value comes from how useful it is and how much demand there is for its usefulness.
During the first half of 2019, the currency gained 548% according to its value grew 122% throughout the year. In addition, it is one of the few cryptocurrencies whose investors are still in positive territory.
5.- Luna Coin:
Here you have to make a good review. Luna Coin remains one of the most profitable currencies for this 2020 although its price is relatively low compared to the largest representations. What makes it on the list is that, last year, the currency suddenly rose by 48.900% and set the absolute daily growth record.
The next day he suffered a collapse in decline but at the end of 2019 he managed to recover and is currently an asset with an annual growth of 25,000%.
And these were the best cryptocurrencies of 2019!
Do you want to buy any of them? Are you interested in Bitcoin? Visit Bitvavo and you can buy the coins you want. Do not waste time!