The excitement around cryptocurrencies and related earning opportunities has not subsided for more than a year. The events of the past year further fueled the interest of users, as the crypto market showed an unprecedented growth, which allowed many to significantly replenish their wallets. Apparently, this trend will continue this year, which means that you need to arm yourself with the necessary knowledge in this area in advance so as not to miss your chance.

This article, we hope, will be useful to novice investors who cannot yet decide how and where to apply their own strengths and means. We will look at 3 main ways to earn money, which, with the right approach, can be quite profitable.

So, as mentioned above, today we will focus on 3 activities that can make digital currencies a reliable and profitable tool for making a profit. As before, investing in cryptocurrency includes 3 main types of activities:

1. First of all, it is trading or, in other words, speculation on digital coins.
2. Mining, that is, the extraction of coins using special equipment.
3. Investing in ICOs of new projects to receive their tokens.

The essence of this method of earning has been known to mankind since ancient times. Its mechanism is to buy something cheaper and sell this "something" more expensive, putting the difference in your pocket. The relevance of speculation or trading remains today, including in the crypto market. For many years, participants have been making a profit by buying and selling cryptocurrencies that are growing in price, such as Ethereum, Litecoin, etc. Trading has a number of advantages, but it has not been without its drawbacks. Both of which we will consider below.

Pros:

1. Let's start with the fact that this is one of the most affordable ways to make money on the crypt. To start such a business, you do not need to have a lot of money. If you have a hundred and five free dollars, you can safely start trading. Just a fairly low "financial start" allows a wide range of users to engage in trading.
2. The next advantage is the rather high profitability of cryptocurrency speculation. Last year, due to significant exchange rate growth, the main digital coins showed significant profitability. Especially Bitcoin, which, despite numerous negative forecasts, reached the $20,000 per unit mark and successfully overcame it.
3. Well, and another important advantage is the security of purchase and sale transactions. Security, of course, is relative, but still higher than, for example, when investing in ICO. Crypto coins are liquid goods, they can be quickly sold or, if desired, exchanged for the usual money, fixing the profit.

Minuses:

1. The disadvantages include the inevitable, unfortunately, risks that accompany any currency transactions (including cryptocurrency ones). The first danger is the possibility of losing your capital, especially in the short-term game. Therefore, for beginners, before gaining some experience, it is better to invest in long-term investments.
2. The second point that requires special attention is the storage of digital savings. If you treat it negligently, you can easily become victims of scammers. For the safety of your crypto, get an electronic "wallet", after making sure of its reliability. Do not store coins on the exchange.

As for the most promising digital currencies, the cue ball is still in the lead here. And by many signs, he is not going to give up his positions yet. Its popularity continues to grow, its scope is constantly expanding (many stores and services accept it as a means of payment), and after several forks, this currency was able to regain its position and remain the main global cryptocurrency.

But in no case should the cue ball be considered the only possible profitable crypto. Among the many “empty” projects, a group of fairly promising tokens has formed, investments in which can also bring high profits. These are Ethereum, Litecoin, Dash, Monero and a number of other coins.

The excitement around the mining of Ethereum and a number of other crypto coins in the first half of 2017 led to a shortage on the shelves of video cards suitable for creating mining farms. Many users were so carried away by the idea of ​​“digging” crypto that they did not stop at prices that were doubled. 4 vidyuhi, from which it was possible to assemble a quite decent farm, cost 2-2.5 thousand dollars and paid off (taking into account related costs and an average profitability of 300 "green" per month) in almost a year (10-11 months). After that, the miner began to work for himself.

That is, having collected a farm in the summer, by the end of the year you would not even have paid for it. But if you spent the same couple of thousand dollars in the summer to buy Ethereum at a price of about 350 "bucks" per coin, and in December you would sell it at least twice as much (the ETH rate rose above $ 700), then at the same time would have made a 100% profit.

It turns out that you need to write off "in the scrap" and forget forever? Probably, nevertheless, one should not rush with such drastic measures. This way of investing money also has its attractive sides.

What is good mining:

1. First of all, low risk. Having invested in equipment, you begin to mine coins, which, regardless of exchange rate fluctuations, bring you profit. Yes, it can be less or more, but it is there anyway. If you speculate with cryptocurrencies, then the risk of remaining, as they say, “with your own people” is not ruled out, or even worse - incurring losses. Imagine if you really bought Ether coins, and they didn’t double, but fell in price by half.
2. The second positive side of mining is the versatility of the farm you created, which allows you to switch from mining one crypto to mining another, more profitable and relevant.
3. And finally, you can simply resell the equipment and thus minimize your losses, or even make a profit if it is in short supply at the time of sale and rises in price.

There are several conditions that, in combination, make the mining of digital coins a completely justified enterprise. If you, not wanting to take special risks, want to make a profit in the crypto sphere and at the same time have access to cheap electricity and can buy equipment without overpayment, giving adequate money for it, then why not. Of course, the profitability of such a business cannot be called very high, but there is a small nuance that will help increase it - do not rush to sell the mined coins, keep them in your wallet until they rise in price. Of course, in order not to miss the right moment, you need to carefully monitor the behavior of the market.

Another trend of the past year is the growth in popularity. New projects appeared almost daily, and fundraising for their launch and development was quite successful. But over time, this process gradually began to lose its attractiveness in the eyes of investors due to rather high risks - there are too many projects, it becomes more and more difficult to choose an idea worthy of investment, and it is becoming easier to deal with scammers.

And note that if earlier unscrupulous startups launched low-level projects and only completely naive users could fall for their bait, now the scammer has gone educated, able to splurge and convince of the prospects of his project. Having invested in such a startup, you will almost certainly face the fact that the promised cryptocurrency will either not enter the market at all, or will, but very quickly slide to zero. The same thing can happen with the projects of absolutely honest, but not having sufficient knowledge, developers. Investing in amateurs is no less risky than investing in scammers.

If we invest in new developments, then in those whose team consists of honest people and armed with special knowledge. True, in order to distinguish such a startup from the mass of others, it is necessary to conduct a comprehensive and in-depth analysis.

How not to make a mistake with the choice of ICO:

1. First of all, you need to have at least a basic understanding of how blockchain technology works. Then you can determine how popular the development will be with the consumer and whether it duplicates something that already exists and is successfully functioning.
2. When choosing projects for investment, pay attention to those that are applicable in the industry you are familiar with. This makes it easier to assess the prospects and relevance of a new idea.
3. And be sure to look at the development team - it should be public and open to investors.

We have presented you 3 paths, each of which can lead you to the crypto market. All of them have their advantages and disadvantages, which we also talked about. To wrap up our conversation about investing in cryptocurrencies, we will briefly and specifically consider each of the three ways in terms of profitability, level of risk, required start-up capital and availability of special knowledge.

Let's start with trading. Here the average profitability and relatively low risks. You can start working if you have a sufficiently affordable amount of several hundred dollars, and the lack of knowledge and experience does not play a decisive role.

Now about mining. This occupation is low-profit, but also the least risky. However, it requires a fairly significant start-up capital (from $ 2,000) to purchase special equipment. Experience and knowledge are desirable, but their absence is not critical.

Well, now you just have to choose your path, in accordance with your own preferences and financial capabilities. Good luck!

It grew from 17 to 612 billion dollars, but in 2018 there was a collapse. Despite this, the blockchain industry is becoming more and more popular and attracting finance and attention from both novice traders and large companies. There are more and more projects on the market and beginners are increasingly interested in which cryptocurrency to invest in in 2020. Below we have compiled a list of cryptocurrencies with the most positive forecasts for this year. We will also discuss various approaches to investing, talk about ICO and mining of promising coins.

Name	Year and month of foundation	Idea	prospects
	2012 year	A decentralized platform for payment systems that focuses on currency exchange transactions.	The cost of a coin can grow up to 5-10 dollars due to an increase in the number of partner banks.
	April 2015	It is a platform for real-time currency transactions. An offshoot of the Ripple project.	Experts predict a price of $30 per coin by the end of 2020
	September 2017	Blockchain platform, which is built on the basis of open source code and uses smart contracts. It was created by a team that relied on numerous studies and a scientific approach to development.	The tentative forecast from analysts is $20 per coin by the end of the year.
	July 2017	The developers aimed to create a decentralized system that will be distinguished by amazing network bandwidth, the presence of smart contracts and extremely low fees.	According to experts, the EOS price may reach $100 by the end of 2020.
	May 2016	Lisk allows users to run their own blockchains based on the project. The platform supports the development of custom applications and does not use the usual smart contracts.	In 2020, up to $150 for 1 LSK is predicted.
	June 2016	The main task of the platform is to enable users to issue their own tokens.	According to experts, the cost of WAVES will exceed $90 in 2020.
	June 2017	This project was created to provide a convenient means of payment within the framework of the concept of "Internet of Things". It connects devices to a network and allows, for example, to rent physical equipment or receive data from it.	The price predicted for this cryptocurrency this year will reach $40 per coin.
	April 2014	This cryptocurrency is one of the main projects that focuses on enhanced privacy and anonymous transactions using built-in “mixers”.	XMR, despite its uniqueness, has not shown a good rate growth for a long time, and in 2020 its value may exceed $800 per coin.
	July 2015	A blockchain platform that is designed to create decentralized applications using smart contracts.	Cryptocurrency showed stable growth, which can bring it to the level of $ 3,000 per coin before the end of the year.
	June 2017	This blockchain project combines the functionality of a messenger and a mobile browser for interacting with decentralized applications of the Ethereum platform.	Given the uniqueness of the development and the increased interest in it, we can predict a cost of 3-5 dollars this year.
	2014 year	This project is the Chinese equivalent of Ethereum. The Neo platform also uses smart contracts and tokens.	The potential value in 2020, according to experts, will exceed $300 per coin.
	2015 year	Decentralized storage platform. Users can rent hard disk space or rent it from other members of the system.	Analysts believe that the value of SC could rise to 25 cents per coin this year.

Little-known promising cryptocurrencies

Young cryptocurrencies, which are now worth a penny or have not yet hit any exchange at all, may become market leaders in the future. Bitcoin was once worth a few cents, but now its capitalization reaches billions of dollars.

Cryptocurrency forecast often does not give a real picture of what will happen in the future. This market is still too new and unexplored, which does not always allow analyzing what is happening with the help of standard economic instruments.

Many traders consider it a good idea to buy cryptocurrency while little is known about it and the price is as low as possible. Of course, this method does not work with all projects, and here the investor must decide for himself which cryptocurrency to buy.

Another way to make money on developing blockchain projects is to invest in . Making a profit in this way is not a fantasy for a long time, and in 2017-2018 we could see many successful pre-sales of tokens. However, there are a lot of such proposals. You should always pay attention to the information provided by the developers. Having a list of team members with experienced developers in it, documentation and a roadmap does not guarantee that the creators will not be lost with your funds at the end of the ICO, but it greatly minimizes the likelihood of such a development.

Promising cryptocurrencies for mining

If you have powerful computing equipment available, then you can start cryptocurrency. New coins often have low difficulty and few people know about them, which allows you to mine coins in reserve without any problems.

In total, there are two main approaches to mining. In the first case, you go to a site with a potential profit calculator, such as whattomine. There you choose the most profitable coin for your hardware and start mining it. Everything you earn you sell every week or even every day. In this case, you can always receive a stable income and, as a result, fiat money.

Another case is when you are trying to look into the future rather than based on the current state of the course. Then you have to independently analyze all the information and find out the most promising developments for directing your computing power to their extraction.

The difficulty of mining is constantly growing. The complication of mining leads to an increase in the price of the coin itself. Initially, DogeCoin, for example, could be mined using a simple home PC. Now, in order to get tangible profits, you already need to use specialized devices called ASIC miners.

Promising cryptocurrencies for investment

You may think that investing in the most popular cryptocurrencies is a safe option. They do often show good growth, but it is important to understand a few points. First, there is no need to buy a coin when it has reached its peak value. Wait until the coin becomes the cheapest in recent times and invest only after that. In the case of large projects, it is also very important to follow the news about development companies. It should be remembered that any events in the market can affect the course.

Also, do not forget the basic rules of safe investing. Try not to invest the last money that you cannot afford to lose. It is not recommended to invest the entire amount in one currency, because this increases the risk of losing funds. Fill your investment portfolio with a large number of currencies to protect yourself and increase your potential income.

So, in this review, we were able to find out the following:

• Experts are already identifying a certain list of cryptocurrencies that should grow in price by the end of the year.
• Good profit can also be brought by investing in ICO or projects that have appeared recently.
• You can mine coins with the expectation that in the future they will grow and keep the mined.
• You should always analyze the situation and do not invest on the recommendation of unknown sources. Also, do not invest everything in one currency or use your last money for this.

To be aware of which cryptocurrencies are growing right now and deserve your attention, subscribe to our

2017 showed a real breakthrough of cryptocurrencies in the ranking of the most profitable assets. A high level of profitability, increased confidence in many coins contributed to an increase in trade turnover. Seeing the skyrocketing popularity of bitcoin, many exchanges have added the most sought-after digital currencies to the list of available assets. This opened up new opportunities for investors to acquire and earn money.

In addition, blockchain technology has just begun its journey and will be integrated into most areas of our lives in the future, which will ensure the further development of cryptocurrencies. Therefore, many investors are now thinking not about the feasibility of investments, but about the right choice from the many available options for digital coins.

The potential of cryptocurrencies is just beginning to be realized

"Future money is Digital Currencies" - Bill Gates.

Although bitcoin has the most popularity, high exchange rate and turnover, this is largely due to the status of the “firstborn”. Undoubtedly, he will forever remain the first, which will provide him with additional advantages. However, many cryptocurrencies are much more than just a decentralized payment system. They are created with new capabilities that can replace various existing systems in the future.

A gradual transition is already taking place in areas such as:

partnership, business, corporate applications;

governmental and international institutions;

state registers, databases, systems;

daily life of a person;

national cryptocurrencies.

Further strengthening of the situation is facilitated by:

legalization of digital currencies in Japan;

the announcement by Venezuela of the release of its own cryptocurrency called El Petro to overcome the financial crisis - other states are considering a similar option;

the emergence of additional opportunities on the platforms of dealing centers (futures, options, cryptocurrency indices);

increase in demand by various forks, collapse forecasts;

gradual increase in leverage on exchanges;

cooperation with many international corporations in the field of IT, software, innovative gadgets, trade.

Based on the facts described above, one can confidently predict the future success of many cryptocurrencies that offer the possibilities of blockchain technology.

However, in 2017 alone, more than 400 types of coins were created and about 150 disappeared. This indicates not only the presence of a wide choice, but also the existing risks. Therefore, below we will consider some promising investment options that have different statuses in terms of capitalization.

Predictions for the top 3

After the level of Bitcoin Cash stabilized, the positions in the top three of the rating in terms of the amount of capitalization did not change. This is due to the undisputed leadership of bitcoin, the absence of limits on the emission of ether and the rather high rate of BCH. These cryptocurrencies do not require a detailed description, but their predictions should be considered separately.

bitcoin

The undisputed leader. In the autumn and winter of 2017, the BTC exchange rate almost daily sets new price records, increasing in value by 5-20%. No other reliable asset can boast of such a rapid growth rate. Substantial support from large investors and a regularly increasing number of transactions provide a strengthening of the current momentum. Some experts (Michael Novogratz, Ton Weiss, Mark Yusko) suggest that in 2018 the value of one coin will exceed forty thousand US dollars.

Satoshi Nakamoto argued that the value of bitcoin will increase precisely through the growth of participants, and not because of economic security or value as a resource. It is these processes that can be observed now in the market, and they will continue. However, after a significant increase in the exchange rate, a moderate phase or a slight decline is sure to come. This will not interfere with further overall positive dynamics, so BTC is, of course, will become a promising investment direction, such is the bitcoin forecast for 2018. And the latest price increases make you hurry up in making a decision.

Ethereum

ETH occupies the second position due to the quantitative indicator, since it is only fifth in terms of the cost of one token. The platform has gained its popularity due to good prospects for use in a business environment. Collaboration with large corporations such as Microsoft provides it with a stable position among the leaders. In the future, the number of partners, the number of applications will increase. This will provide stable support for the currency and a constant increase in demand.

Next year, experts predict an increase in the ETH rate to $1,000. Due to the rather large number of coins and the increasing complexity of the hash function of rivals, Ethereum also has a chance not only to maintain its position, but also to approach BTC in terms of capitalization. So, in 2018, ETH will continue to grow steadily, which means it will bring significant profits to its owners. Moreover, the system independently proportionally increases the existing account from the already added blocks, and the developers plan to switch to PoS.

bitcoin cash

BCH occupies its high position due to the high price and the number of coins. Since it differs from bitcoin only in some technical improvements in the block size and rate of change, it is unlikely that it will outperform its progenitor in any cost indicators in the near future. The original plan of the creators did not become so successful due to the introduction of gradual changes to the original bitcoin. The increased amount of data will only be required for global use of the network, so in the near future BCH will still be inferior to BTC in terms of distribution.

Analysts say that, under favorable conditions, the rates of competitors can equalize by 2020. However, in 2018, the cost will change at the level of the bulk of altcoins, which means it will gradually increase following the increase in the popularity of cryptocurrencies. There will most likely not be a rapid increase, since this is not the only hard fork. BCH is also the most subject to bias from its closest competitors among new coins.

Promising pursuers

The leaderboard may change other successful cryptocurrencies that offer unique opportunities for future integration. When considering options for investment, it is desirable to take into account some promising projects from among the pursuers. They performed well in 2017 and have high potential for further growth. The price of their coins is affordable, which allows them to be included in the list of their assets without significant costs.

IOTA

Cryptocurrency is designed to protect the joint functioning of all kinds of smart devices, from phones to homes. Now they have software for data processing, but they operate separately. IOTA allows you to create a single reliable network with verification of all data using the blockchain. The technologies being introduced are beginning to independently perform some routine actions instead of us. Further, in this way, increasingly significant processes with important information that require absolute certainty will be delegated.

The network is based on Tangle technology, which is more complex and faster than the classic blockchain. The uniqueness of the system has attracted the interest of several large manufacturers who have signed contracts for further cooperation. Due to the high potential and attention of companies, the coins quickly appreciated, which in December raised MIOTA to 4th place in the ranking. Mining of this cryptocurrency is not provided, it can only be bought. The price is slightly higher than $4, but already at the beginning of 2018, experts predict a doubling of the cost with a subsequent increase.

Cardano

The platform was created by one of the developers of Ethereum, therefore it has a number of similar principles. However, the organizers insist that their network represents the next generation and is vastly superior to Ethereum. The main idea is to create a new image of economic models for the markets. It is planned to involve users in the development of the project, and by 2020 the creation of an autonomous network that does not require regular outside intervention.

The creators recently announced the release of an ADA debit card that will be linked to the platform and can be funded using the Daedalus wallet. This is a departure from the classic principle of Satoshi Nakamoto, but an essential step for further integration in the direction of global financial transactions. In a short period of existence, the cryptocurrency has already jumped to 11th place in the rating, which confirms the huge potential and confidence of investors. In 2018, the positive dynamics of the exchange rate and the approach to the leaders are expected to continue.

Monero

It is a cryptocurrency with one of the highest levels of privacy. The network does not reveal any data about the history of moving coins. After the loss of Dash's anonymous status, many users who wanted to remain in the shadows preferred Monero, which led to a rapid increase in the rate. Now there is a stabilization in value, but due to the prospects in the shadow sector, coins in 2018 will increase the price a little faster than their closest competitors.

New coins and ICO investment

There is a good opportunity to invest in a new cryptocurrency in the first weeks of its existence. You can analyze the existing course dynamics. With a rapid rise, it is attractive to have time to buy promising coins at a low price. This significantly reduces risks compared to investing in ICO, but does not eliminate them. The market can quickly change its preferences, and the altcoin will depreciate.

In turn, ICO, despite the possible risks, allows you to get a cryptocurrency at the initial cost and, if the project is successful, increase the invested funds hundreds of times. The low price makes it possible to minimize the rate of necessary finance for the purchase. Many new systems are expected to be launched in 2018. Some of them can become strong competitors as the technology is continuously improved. Therefore, one should not write off the potential opportunity to get rich on fresh projects.

Group analysis

For those who select the most suitable cryptocurrencies for investment, it will be convenient to evaluate each group using a table with their comparative analysis.

To create an optimal set of assets, it would be rational to purchase several types of cryptocurrencies from different groups. This will not only distribute risks, but also significantly increase the state in the long run when choosing several successful digital currencies.

This significantly reduces risks compared to ICOs, but does not eliminate them.

Last update:  02/13/2020

Reading time: 2 min. | Views: 1658

Hello, I have heard a lot about investing in “crypto” and I have a question for you: “Which cryptocurrency is better to invest rubles in 2020 and how can this be done?” Ekaterina Igorevna, 31 years old, St. Petersburg

Hello Ekaterina! About that, we wrote in one of our previous articles. Now we will tell you in more detail what advantages investing in cryptocurrency has. In the material, we will also consider which cryptocurrency is best to invest rubles in this year.

For some, investing in electronic digital money is something unusual and incomprehensible, for others it is a profitable way to earn money. While someone is thinking about it, others are actively investing and improving their material well-being. How to earn income on digital money?

Before spending funds on the purchase of virtual coins, it is worth finding out what is the degree of risk with such investments, what it can lead to, which cryptocurrency is more profitable to invest in .

When talking about the best ways to invest, digital currencies are always first of all meant. What are their advantages?

1. Actual technologies . The formation of virtual digital money is based on, more and more used in various fields of human activity. It is possible to use electronic money in almost every state (except for some). Accordingly, the opportunity to make a profit or not can always and anywhere.
2. Price increase . Leading cryptocurrencies tend to grow in value. It happens that the price drops sharply, but after a certain period of time it rises many times over. With a competent approach to investing, it becomes possible to easily make a profit by speculating on changes in quotes. We also recommend reading the article.
3. Prospects of the direction . New virtual monetary units are constantly emerging that can become an object of financial investment in the future. Predicting a price increase allows you to improve your own financial situation with little effort.

Every cryptocurrency has its own Benefits And limitations.

The first ones are : confidentiality of currency transactions; the free code of the algorithm makes it possible for anyone to mine it; no central data server; price increases (inflation) do not apply to it; bitcoin blocks cannot be duplicated.

Minuses: there are no guarantees for the protection of virtual cryptocurrency storages; government regulators may have a negative impact on electronic currencies; high volatility; the loss of the key to the virtual storage of electronic currency or its failure causes the complete loss of all savings; as the network difficulty increases, the possibility of using home computing equipment to extract virtual money is lost.

8 promising cryptocurrencies in which it is better to invest rubles

2. Which cryptocurrency is best to invest rubles in 2020 - an overview of the most promising

The success of the investment is influenced by the competent selection of cryptocurrency. Here it is necessary to determine a truly profitable digital currency that cannot turn into a financial collapse.

When choosing, you should focus on the following criteria:

• prevalence (popularity among miners, price increase; availability on trading floors, etc.);
• portability (electronic money should be easy to transfer);
• security from hackers and scammers.

Similar parameters correspond to many current electronic monetary units. For example, bitcoin , ether , litecoin and so on.

TOP 8 cryptocurrencies in which it is better to invest rubles

So, experts advise investing in promising and reliable cryptocurrencies:

1. Bitcoin (Bitcoin);
2. Bitcoin Cash (Bitcoin Cash);
3. Ripple (XRP);
4. Litecoin (Litecoin);
5. Monero (XMR);
6. Digital Cash (Dash, Dash);
7. Zero Cash (ZCASH, Zcash);
8. DogeCoins (DOGE).

note that at the moment, the fastest and easiest way to invest your rubles in cryptocurrencies is through binary options, since in this case you do not need to purchase the currency itself (create a wallet, monitor its security, deposit and withdraw money to the exchange) , but simply guess the direction of movement of the cryptocurrency rate. But here it is important to choose a reliable broker, one of which is company OlympTrade .

Benefits of investing : constant and rapid increase in electronic currency; miner loyalty; liquidity, various ways of sale/acquisition; make it possible to store savings in them; there is no single control center and control by state authorities.

Disadvantages of investing A: large commission fee; "braking" of foreign exchange transactions on the Internet; difficulties in scaling the structure; legal ban on virtual currency in certain states; too rapid increase in the quote of the cryptocurrency can turn into an equally rapid fall, because. Cryptocurrency is not backed by anything.

3. Investment procedure

4. Possible risks of investing in cryptocurrency

1. Virtual money is not backed by anything and may be subject to blocking by state regulators.
2. You can lose everything with a rapid fall in the quotes of electronic money.
3. In a large number of countries, the circulation of virtual money is not legally regulated in any way, or it is completely outlawed.

What is Cryptocurrency:

What is bitcoin in simple words, who and when created it, what is it for:

How to buy or sell bitcoin:

The site team hopes to have been able to answer your question. If you still have any questions, ask them in the comments below. See you soon on the pages of our magazine!