The year 2018 is almost over and if current trends continue, then it is safe to conclude that 2018 could officially be a bearish year for crypto. However, that doesn’t mean that the bear market will last forever. If anything, current market trends point towards the end of the bear run. This means that it is a good time to invest in strong cryptos that have strong fundamentals backing them up, in preparation for the next Bull Run. Some of the cryptos that could perform well in 2019, if investors get back to the market are:
Omisego has some good prospects in the market considering that it already has a practical use case in the market. Omisego has made tremendous progress in terms of providing value to the unbanked populations of South East Asia. This tested use case for Omisego gives it a strong intrinsic value relative to most other cryptos in its market segment that are not fully tested in the market. On top of its high levels of adoption, Omisego is also a very scalable blockchain. Its plasma architecture allows it to scale infinitely, and that’s a critical factor to long-term growth. It means that even as Omisego grows in adoption, the network can never crumble due to overload. This is a factor that could see the value of Omisego grow significantly, once investor interest starts flowing back to the crypto market.
Cardano (ADA) is another gem to hold going into 2019. One of the things that make Cardano stand out is its capability to scale while maintaining decentralization. While it may sound cliché, Cardano’s scalable, secure and decentralized nature makes it one of the best blockchains for organizations to build on. Once Shelley is released and Cardano achieves full decentralization, its value as a platform blockchain will increase as well. This is one platform where financial institutions and other major industries could build their applications on, and place it on the path to exponential value growth. Cardano’s potential as an investment was revealed in 2017. It blew past $1, while it was still early on its roadmap. Considering where it is today relative to last year, Cardano could be headed for some good times in the next Bull Run.
Charlie Lee may have sold his Litecoins during the December high, but that is not a reason to write-off this crypto. Litecoin is very closely tied to bitcoin, and as Charlie Lee said some time back, lightning network with atomic swaps would make Litecoin (LTC) a sidechain to Bitcoin (BTC). This means that as bitcoin (BTC) grows in value, Litecoin (LTC) could grow with it, and possibly outpace it with gains. If most projections about bitcoin (BTC), such as hitting $100k by 2020, come true then Litecoin (LTC) could easily be worth upwards of $1000 a coin. Besides, Litecoin is probably one of the most adopted cryptos in the mass market. This means that once investor demand returns to crypto, Litecoin (LTC) could stand out as one of the biggest gainers.