The first half of 2018 was the complete opposite of last year’s bullrun. Almost all of the digital assets lost from 65 to 90 percent of its value. News.bitcoin has gathered the best and worst cryptocurrency for investment this year.
What cryptocurrency buy it now
To analyze the profitability of the coins investigated the time interval from January 7 to July 24. It is noteworthy that in the first month of 2018 top 10 cryptocurrency had a very high cost. Six months later, the price of dozens of major coin fell on average by 70 percent. While Bitcoin dropped to 51 percent. Other coins have brought even greater losses.
- Ethereum (ETH): -57%;
- Ripple (XRP): -85%;
- Bitcoin cash (BCH): -71 percent;
- Cardano (ADA): -84%.
- Litecoin (LTC): -71 percent;
- Stellar (XLM): -57%;
- IOTA (MIOTA): -75 percent.
Tron and NEM all lost their positions in the top. They were replaced by the EOS Tether.
As you can see, correction of Bitcoin affects altcoins. It is noteworthy that conservative investors in the major cryptocurrencies have suffered less damage. Worst top coins 2018 was Ripple, Cardano and IOTA. So what is the asset actually made a profit this year?
Best alithinou over the past six months was Hexx. The cryptocurrency has grown in 12 times in the period from may to July. Good results showed Mithril (+922% of the cost) and Ontology.
The most famous and the most unprofitable Aldona became Bitconnect. After the news about the collapse of the financial pyramid, Bitconnect actually turned to dust. The coin is now trading at 99.88 percent below its peak value. Another outsider — Rise. Despite its name, the cryptocurrency has lost 97 percent of value. Behind her is a Coin OP (-98,23%) and Mybit Token (-99,59 percent).
A fork of Bitcoin Bitcoin Gold is also in a protracted downtrend. BTG fell by about 89 percent since its appearance on the market.
A General trend of decline persists almost for the whole of the stock market. This year’s find of coins among 1,600 cryptocurrencies on Coinmarketcap was very difficult. However, many experts predict a new wave of growth by the end of this year. And as the eyes of all investors are focused on the top 10 cryptocurrencies by market capitalization. They are now the measure of the movement of the stock market.
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