Cryptocurrency investor names his favorite — and least favorite — digital curren

[joemiles226]

With so many digital coin options out there, it can be difficult for investors to know how to navigate the cryptocurrency universe.

Ran Neu-Ner, founder of Onchain Capital and host of CNBC Africa's "Crypto Trader," offered a few tips to "Fast Money" traders on Thursday. Here are some of his favorite and least favorite digital currencies.
Bitcoin

Neu-Ner is an early investor of the large-cap coin. But he still said to sell.
Chesnot | Getty Images

"I like bitcoin," he said, but pointed out that it's, "priced too low." The coin, valued as high as $19,500 late last year, was trading around $8,100 on Thursday evening.

"It's going to continue to go up, slowly and in a stable way," he said. "But there are more exciting cryptocurrencies out there."
Bitcoin cash

One of them might be bitcoin cash.

The coin, priced around $1,200 Thursday evening, was down by about $100 from Tuesday. But that's still almost double its April 17 level of $763.

With a solid team behind the coin, Neu-Ner said he sees a lot of potential.
Ethereum

Hold this coin, Neu-Ner said, "for sure."

He pointed out that ethereum has many potential uses and one of the biggest communities in the industry, with thousands of people, "the smartest people in the room."
An ethereum cryptocurrency 'altcoin'.
Getty Images
An ethereum cryptocurrency 'altcoin'.

But it's not just ethereum Neu-Ner is excited about.

"I'm excited for a new generation of protocols like ethereum," he said. Some picks: Oasis, Zilliqa and Thunder Token.

"Ethereum has scalability issues," Neu-Ner said. "They're doing 15 transactions per second. That means, that's not real-world stuff. But some of the other blockchains are resolving this. They're promising 10,000 transactions per second."
Ripple

Definitely a sell, the crypto trader said of Ripple.

"I'm throwing it in the garbage," Neu-Ner said.
Ripple

While he pointed out that Ripple the company is "one of the best companies I know," he said its token, the XRP, is not.

"I can't find a use case for the token," he said. XRP is also a centralized token, which Neu-Ner said defeats the point of blockchain technology.

"I'm out," he said.

[JacobLiam12]

how come bitcoin price is low man? is it a joke or not. bitcion is always been my most favorite but i never get chance to invest in it because of it's price, as it is king, it's very rational that it's expensive.

[pauline_78]

Well. Btc is trending down. This is so true. But nevertheless, it is not so low. Not everyone can afford it. However, I think its price will move back soon and will a good point by this year.

[pooya87]

With so many digital coin options out there, it can be difficult for investors to know how to navigate the cryptocurrency universe.

wrong. when an investor starts to come in, as a beginner they only know of bitcoin. so they have only one option and that is that only thing that matters. then some of them may be exposed to the sea of alternatives to bitcoin known as altcoins and only traders go there. and for them the choice can be difficult if they are newbies and it is an easy choice between the pump coins if they are good. in this case names don't matter all altcoins are good options for pump and dump as long as you know how to notice their pumps and have a good timing.

[availcrypto]

Lol, the price of bitcoin is low according to him and yet many investors are still unable to afford it. I personally don't like bitcoin cash, but I do like ethereum a lot. Ethereum made a huge progress in so little time.

[pushups44]

I like his picks, with the exception of Bcash. I am all for Bcash continuing as a project, and market forces will determine its success or failure, but the implementation of the Lightning Network can only be bad news for it.

[jamesbtcearn]

I believe bitcoin than any other crypto currencies in the market. Through several years of performance, bitcoin has earned the fame, popularity and the trust of the investors. Recently the price of the bitcoin is low but it should not be taken seriously as the market is going some sort of scarcity. So now price of different crypto currencies in the market of crypto currency is low. But soon bitcoin will increase.

[jonalva]

From the very beginning I am a fan of bitcoin for its potential. The price of bitcoin is very high among all other coins in the market. Though the rate is consistently low now but soon it will recover.

[harrypot]

I don't think bitcoin cash will be able to survive in the future competitive market. Whereas, bitcoin has a long way to go. I agree that the price of bitcoin went too low for the couple of months. But, the price is increasing and it will certainly increase more in the future.

[bontkoli01]

Sorry but I couldn"t agree with you on some point. Firstly the price of bitcoin is low right now but it is going up gradually and it will reach the peak undoutedly and this just a matter of time. Secondly I cannot recommend bitcoin cash as a good coin. It is in the market for short time and will lwave the market after making enough money. But yes you can look forward to Etherum as a good investment right now.

[kasurnya]

Is this a joke, you say that bitcoin prices are too low, even the price of ethereum is less than half the bitcoin price. The bitcoin price drops but that does not mean we are not interested in bitcoin, we just have not been able to afford it.
Ethereum is popular but most ordinary people only know cryptography through the popularity of bitcoin.

[voltagecrypto]

Nowadays in crypto market there are lots of coins are available based on this the prices of the coin is vary in the market and this market share totally like stack market so if investors invest money then the price may increases the price its not mean that bitcoin is only one who’s price is low now every ones price is low but still bitcon is the 1st position in the market.