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Introduction Top 5 CRYPTO Tthoe Po teInntiavl to eMasket M illiionns 1 www.bitdegree.org INTRODUCTION So you’re thinking about investing into a cryptocurrency and it’s just too hard to choose one? Or maybe you made a bet with a friend on a prediction of the price of Bitcoin in a month, and now you’re eager to find out if you’re going to win? Whatever the reason is, this ebook is going to help you out - in it, you’ll find 5 cryptocurrency price predictions and the reasoning behind it. So, let’s jump right in! 2 www.bitdegree.org TABLE OF CONTENTS 1. Bitcoin price prediction 4 2. Cardano price prediction 6 3. NEO price prediction 8 4. VeChain price prediction 10 5. Electroneum price prediction 12 3 www.bitdegree.org 1 BITCOIN PRICE PREDICTION We all wonder where Bitcoin is going to be 1 year, 2 years, 5 years or even 10 years from now. If more countries create regulations / laws for cryptocurrency, more bad news will be published. This means we may see Bitcoin crashing again. Countries such as South Korea, Japan, China, France and the United States all want to create new regulations. Even though they want to create new regulations, we must remember that: 1. This could take a long time 2. It might not affect the price of Bitcoin Until then, the most popular Bitcoin projection is that it will continue to rise. What is the Bitcoin price prediction for 2018? This is the kind of question that starts arguments at dinner parties. Even though Bitcoin and its technology are very useful and are changing the world, anybody that claims to ‘know’ whether the price of Bitcoin will rise or fall is a liar. Sorry, but that’s the truth. I strongly believe that blockchain technology and cryptocurrencies are the future. This is why I believe the price of Bitcoin will increase this year. This is what I believe, but I can never know. All I can do is guess and make a Bitcoin price prediction. You can look at charts, you can look at news, but you can never ‘know’ for sure. 4 www.bitdegree.org There are people that say Bitcoin is a ‘bubble’ like the ‘dot-com bubble’ that happened when internet companies’ stocks started increasing in price back in the late 1990s. They say that Bitcoin will ‘burst’ in 2018, meaning they think it will crash. In the dot-com bubble, the stocks got to really high prices. But when the bubble ‘burst’, the stocks went straight back down to low prices. The people that bought the stocks when they were at high prices, lost most of their money. This is why it is important not to invest more money than you can afford to lose. There are also people like John McAfee (the founder of McAfee Security) who predict that the Bitcoin price will keep increasing this year. In fact, John McAfee predicts that Bitcoin will multiply by 10 (increase by 1,000%) in 2018! He also says it’ll be $1,000,000 by 2020. Imagine that! It’s clear: if done correctly, buying and selling Bitcoin can mean big profits. It’s made a lot of money for people in the past, and still is today. It is also clear, though, that you can lose a lot of money too. You should now have a greater understanding of how and why the Bitcoin price changes (supply and demand, regulations, news etc.), which means you know how people make their Bitcoin price predictions. As well as thinking about these things (supply and demand, regulations, news etc.), they also think about the technology of Bitcoin (the Bitcoin blockchain) and its progress. 5 www.bitdegree.org 2 Cardano PriCe PrediCtion In technical analysis, the price is predicted using historical price trends and trading volume trends. This kind of analysis can be done using software and studying graphs. No attention is paid to tangible factors, such as the team, technology etc. Cardano forecast, long-term price predictions for next months and year: 2018, 2019 6 www.bitdegree.org Walletinvestor.com is one such website which gives out technical analysis short-term and long- term predictions for various cryptocurrencies. According to them, the Cardano price prediction for 2018 is $0.418. That is a 35% investment return on the current price of $0.307. While it doesn’t seem to be as high as what is seen by some other cryptocurrencies in the market, it is certainly a positive prediction. Based on factors such as technology, team and market trends, a website called smartereum. com has formed an ADA coin price prediction. For 2018, their Cardano price prediction is $2.50 — that’d be huge! So, if you invest $100 today, it would grow to $814.33 by the end of 2018 if smartereum.com’s Cardano prediction is correct! They have based their prediction on the following factors: • Strong team • Superior technology • Open-source platform Oracletimes.com author Pedro Bernardo has also shared a Cardano price prediction. He predicts its price to be around $1.50 by the end of 2018 — another high one! If you remember, the previous high that Cardano touched was around $1.22. Among other reasons, they expect Cardano to cross that mark because of its plans to establish ADA ATMs in Japan. According to them, Japan is one of the “world leaders in blockchain acceptance, where roughly 84% of the population has heard about Bitcoin.”. So, this move can really change the game for Cardano. You can see that the Cardano prediction for 2018 looks good overall. But with a new coin being launched just about everyday, things can change rapidly in the cryptocurrency market. Cardano needs to move at faster pace if it wants to increase its chances of winning over the investors. 7 www.bitdegree.org 3 NEO PRICE PREDICTION According to smartereum.com, the NEO price prediction for 2018 stands at $355. They have based their prediction on positive factors such as: • Rising interest of institutional investors in NEO • Technical advantages offered by NEO’s platform over that of Ethereum • NEO’s focus on the digitization of assets rather than just the digitization of the currency This prediction is based on some of the real advantages offered by NEO, but I think it is very optimistic. It may or may not achieve such huge growth in such a short time. So, it would be a good idea to consider other predictions in addition to this one. NEO forecast, long-term price predictions for next months and year: 2018, 2019 8 www.bitdegree.org Many experts believe that NEO has a bright future. Mark Cagney, co-founder at Social Finance (SoFi), thinks that NEO has the potential to replace Bitcoin because of its innovative use of blockchain technology. Brian Evans, who is a famous angel investor and a blockchain evangelist, has also come out in support of NEO. These are not very specific NEO coin price predictions, but they show that experts believe in the future of NEO. So, these NEO coin price predictions for 2018 indicate that it could be a good year for NEO. As you can see, there are various factors that are working in favor of NEO coin. 9 www.bitdegree.org 4 VECHAIN PRICE PREDICTION When it first began, VeChain was focussed primarily on supply-chain solutions. Over the last couple of years, though, it has evolved to provide services to a wide range of industries, such as luxury goods, automotives, agriculture, logistics and retail. In the technical method of price prediction, software is used to perform technical analysis (TA) on historical price and volume trends. VeChain forecast, long-term price predictions for next months and year: 2018, 2019 10 www.bitdegree.org This method relies on data and does not take into account any softer aspects such as technology, team, and market sentiments etc. According to WalletInvestor.com, VeChain is expected to hit $11.983 in one year. So, if you invest $100 at a current price of $3.77, it can grow to $317.77 in one year according to WalletInvestor. You should watch out for what cryptocurrency experts are saying about the cryptocurrency of your interest. Even though they may not give an exact prediction, their opinion can certainly impact the market. Roger Ver, who is also referred to as “Bitcoin Jesus”, is one of the most powerful voices in the cryptocurrency universe. Can you guess what his opinion is about VeChain? He thinks that VeChain has a bright future because it is trying to solve real-world problems and has applications serving many industries. There are several other reputable sources who have made a VeChain price prediction 2018 based on factors such as past trends, team, technological advantages and market sentiments. One such source is smartereum.com. They predict that the price of VeChain could go up to $19.63 by the end of 2018! Smartereum.com have based their VeChain price prediction on the fact that it has a very versatile blockchain with numerous applications. However, they also feel that VeChain could be more volatile because it is lesser known as compared to other top cryptocurrencies. As you can see, most of these top VeChain price prediction 2018 expect it to perform well this year. Most of them are betting on factors like an experienced team, versatile applications and a good performance in the past. 11 www.bitdegree.org 5 ELECTRONEUM PRICE PREDICTION If you have been following the cryptocurrency market, you will already know the impact John McAfee can have on the prices.
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