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Author Topic: Which is the best crypto currency in 2020 for online investment?  (Read 594 times)
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May 12, 2020, 11:43:08 AM
 #1

I believe the future of cryptocurrency and transactions on the internet is free and fast transactions, not many cryptocurrencies fit in that framework.
 • Vite https://vite.org
 • Nano https://nano.org
 • IOTA https://www.iota.org

Are a few, I can think of right now that fit the model of free fast transactions.
out of the 3 above I am most hopeful for Vite since it has a very small market cap so it's much easier for that one to make a 100x price increase than the other 2.
also, Vite which means fast in french has a very unique system where they burn vite from trading fees on their exchange vitex.net , and at the moment they are burning more than the block inflation so the total supply on 1 billion vite is deflationary meaning that vite will become more valuable as less of them exist.

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May 12, 2020, 12:06:45 PM
 #2

All example you'd gave, only vite I didn't know. I dont know what is the reason for choosing that project but for me, the top of my prioritize is Bitcoin. The most influencer coin of the market trend. When Bitcoin moves most of the altcoins were follows the same direction. Just because of the limited supply and demand and the price will matters of that movement.

Nano and IOTA are good but for me upon choosing potential crypto to invest should,
  • Security
  • Lower fees
  • Faster transaction
  • Easy to convert fiat or most supported currency in all exchange
  • Transperancy

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May 12, 2020, 01:45:40 PM
 #3

I think that your premise that people are only looking for speed and free transactions is ignoring another attribute that people look for in a currency for transactions. Price stability, people using a cryptocurrency in a wallet to pay for things throughout their day would prefer a coin whose value does not change.

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May 12, 2020, 01:48:30 PM
 #4

I don't think we can single out just one coin as the best for investment among all the numerous coins out there. however, the few that I can recall to be good assets of investments are the ones that have developed products in this industry and have shown some form of trust in this industry. Coins like BNB, DIVI, ETH, DGB are good choices.

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May 12, 2020, 02:39:54 PM
 #5

vite has a small market capital, one can pump tokens or throw tokens until they become dead tokens.
my priority for investing is still bitcoin, even though the price is volatile but it has potential

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May 12, 2020, 02:54:37 PM
 #6

These are dag technology. I know that these are faster than bitcoin and even ethereum but I find their project common. There are issues also iota Ive heard before, so my bet would be on nano for these three. Vite is a new project and they have just started maybe if they improved more they could compete on other top ranks on cmc.

vite has a small market capital, one can pump tokens or throw tokens until they become dead tokens.
my priority for investing is still bitcoin, even though the price is volatile but it has potential
Even small market cap has chance some investor are looking for these low cap but has extensive volume though you are right they can actually pump and manipulate these small market cap coins. Are they erc20?



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May 12, 2020, 02:55:07 PM
 #7

I don't agree with betting on a single altcoin for 100x return, it's possible but near impossible this days, if you want to invest in altcoin make sure you have some altcoins in a portfolio, if one failed others will help and recover the lose of the one that fail.  I prefer choosing from top altcoins though, the choice is yours
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May 12, 2020, 02:57:39 PM
 #8

Ethereum and ethereum classic are the best crypto investment in my prediction.

A few times ago I saw an artickle who stated that there is an exchange namely ErisX who will launches physically-settled ETH future contract which I think will push ETH price goes higher. Here is the link https://medium.com/@erisxinsights/erisx-pioneers-first-u-s-based-ether-futures-contract-9d9e0830212f

Ethereum classic, before bitcoin halving happened the ethereum classic price has grown rapidly. More than that this coin price is still lower so you can buy it as much as you can and hold until the end this year.
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May 12, 2020, 03:05:38 PM
 #9

Im still using vite right not and i like the dex that already developed by vite team. it's very easy and friendly use. The time for the DAG coins have already passed and it's better to bet on the new coin that has already created a very good product.

Those coins have built in the same system but different features. In this case i prefer vite even that was having small mcap.

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May 12, 2020, 03:18:02 PM
 #10

Maybe that is your perception, we don't know yet, there are other alt coins / tokens that have better treatment patterns that fit the fast and safe transaction model. BTC and ETH are still excellent even though the price fluctuated especially after halving yesterday.

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May 12, 2020, 04:33:10 PM
 #11

I believe the future of cryptocurrency and transactions on the internet is free and fast transactions, not many cryptocurrencies fit in that framework.
 • Vite https://vite.org
 • Nano https://nano.org
 • IOTA https://www.iota.org

Are a few, I can think of right now that fit the model of free fast transactions.
out of the 3 above I am most hopeful for Vite since it has a very small market cap so it's much easier for that one to make a 100x price increase than the other 2.
also, Vite which means fast in french has a very unique system where they burn vite from trading fees on their exchange vitex.net , and at the moment they are burning more than the block inflation so the total supply on 1 billion vite is deflationary meaning that vite will become more valuable as less of them exist.


All of the cryptocurrency mentioned above was offering a fee-less transaction while boasted at the same time that they are one of the fastest when it comes to transaction confirmation because they are using a directed acyclic graph (DAG) technology instead of the conventional Blockchain. I think that was considered as an edge of Nano Iota and even Vite. But does not mean it was the best cryptocurrency for Investing in 2020. There's a lot of cryptocurrencies to choose from. just look further I'm sure you can compare it with others. not just the three that were mentioned above.   
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May 12, 2020, 04:44:12 PM
 #12

The competition among alts is fierce especially when we have too many options available, investing is risky you should be aware about it before starting secondly you should choose from the top 50 coins and follow them on their social media channels and official forum threads just get to know what they are working on and how much potential they carry then just short list the coins and get the bag and hodl. I am personally accumulating eth, ada, xlm, neo and bitcoin only at the moment.

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May 12, 2020, 04:56:20 PM
 #13

I only knew about Nano and IIRC, there is a casino that accepts nano and it's dedicated for that coin. Before, I don't know that it is for real that they have free transactions until I've read someone talked about nano. However, I didn't invest into this coin.
I'm more for the investment and store of value and that is bitcoin. The fees with bitcoin might not be free but is tolerable and still cheap.

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May 12, 2020, 05:03:39 PM
 #14

Vite is definitely a great choice of investment! They kept developing the Vite Labs ecosystem which attracts me most! Nano and IOTA are gems no doubt, they are holding top places in the crypto market, but I won't go for Nano, rather Cosmos or Link seems a better option to me! Recently some new projects looking very potential, Hybrix and Velas names I want to mention here.     

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May 12, 2020, 08:29:45 PM
 #15

I believe the future of cryptocurrency and transactions on the internet is free and fast transactions, not many cryptocurrencies fit in that framework.
 • Vite https://vite.org
 • Nano https://nano.org
 • IOTA https://www.iota.org

Are a few, I can think of right now that fit the model of free fast transactions.
out of the 3 above I am most hopeful for Vite since it has a very small market cap so it's much easier for that one to make a 100x price increase than the other 2.
also, Vite which means fast in french has a very unique system where they burn vite from trading fees on their exchange vitex.net , and at the moment they are burning more than the block inflation so the total supply on 1 billion vite is deflationary meaning that vite will become more valuable as less of them exist.


If you choose from these three then I would still choose IOTA. I really like the DAG technology that this coin is built on.(by the way, I am currently studying this technology closely). There is another similar coin, also built on this technology is the coin Obyte (as I think it is undervalued).
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May 12, 2020, 10:13:47 PM
 #16

To the best of my knowledge iq.cash is currently the best right now cause am yet to see a platform that offer upto 300% ROI within a short period of time

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June 07, 2020, 07:52:50 PM
 #17

It seems to me you are coming from the angle of speed or fast transactions which is also a good attribute found in most platforms which are growing but also, I think there are other things to look into as well such as the experience of the team, which will show if they will be able to maintain the long term growth. As for me, my main focus tends to be in the working products of the platform and how big it will likely to grow. Most platforms sees Ethereum as a slow blockchain in terms of transactions but yet they have not been able to beat or overtake Ethereum which shows that although speed matters, there are other things to take into account.

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joinfree
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June 07, 2020, 08:37:19 PM
 #18

Unfortunately among your selection the only coin i will go for  is with IOTA but in my honest opinion I would go for BNB, Ethereum, DGB, DIVI.The latter three coins are all proof of stake based coins and have a very good use cases to drive in mass adoption hence increasing your investment in these in the future.

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June 07, 2020, 11:23:16 PM
 #19

I personally vote for vita as it's really undervalued coin with a very solid product that can be used by a lot of people and the transaction is almost instant.

The second place should be neo and I'm not interested in IOTA.

Vite is a good choice.

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