Top cryptocurrency 2019: NEO
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Which cryptocurrency should you buy in 2019? What would be a good investment idea in 2019 on cryptocurrencies? Even without looking at cryptocurrencies at the bottom of the table, poor altcoins can record 10000% then leave the ratings, and staying with the mature projects/blockchains, my choice is NEO. This is the cryptocurrency, the blockchain which presents the biggest potential for increases. Why?
The day I wrote this article originally, NEO was trading at $100 and capitalised at just over $6 billion.
Compared to NEO, Ethereumwhich is quoted at $1,000 and capitalised at more than $100 billion.
Pro-NEO investors scream when they see this funding gap. Why is that? Because the NEO blockchain is 1000 times more powerful than the Ethereum blockchain. It should also be considered that the Ethereum blockchain might not be powerful enough to support its future load. The case has already happened in the simple game CryptoKitties. But Ether’s value is mainly due to its age and the numerous projects running on its blockchain.
The year 2019 for the NEO blockchain appears to be the year of partnerships. Most of the projects have so far been launched on the Ethereum blockchain. But the NEO blockchain’s force attracts projects to it. Participating in all these ICOs can be an excellent idea for 2019. Examples of ICOs on the NEO platform: APEX, NEX, ZEEPIN. Simply visit NEO's official website to see current partner projects.
Good to know: some ICOs have recently been cancelled on the Ethereum blockchain, so as to finally be carried out on the NEO blockchain.
After buying NEOs on a trading platform, investors generally transfer their NEO to a NEON wallet for more security and to accumulate GAS (the exchange currency on the NEO blockchain). You should know that 100 NEO held on a NEON wallet make it possible to generate approximately 1 GAS per month.
Good to know: some cryptocurrency trading platforms pay investors the GAS generated by holding NEO, and others don’t. (Oh the thieves). However, it is best to secure your NEO on a private wallet.
The price of GAS tends to be half the price of NEO. Today, NEO is $100 and GAS is $50.
If you buy 10 NEO (for an investment of $1000), you will accumulate 1.2 GAS per year, that is to say approximately $60 or 6% of your initial investment.
But let's assume that NEO's capitalisation reaches Ethereum's capitalisation: NEO would then quote at about $1600 and GAS would then have to follow this increase to quote at about $800. Simply by holding NEO you could double your capital because of the GAS accumulated. But the Pro-NEOs do not aim at a simple rallying to the same capitalisation as Ethereum. For them, as the NEO blockchain is 1000 times more powerful than the Ethereum blockchain, it would be normal for Ether investors and projects operating on the Ethereum blockchain to switch to NEO, making NEO the reference blockchain.
The end of Bitcoin and Ethereum working on archaic blockchains. Make way for NEO!
1st argument: China recently banned all participation in ICOs in its country, in order to protect its residents from the risks of SCAMS and other bad ICOs. It would not be impossible to see this ban lifted for ICOs carried out via the NEO blockchain exclusively. If this ban is lifted only for ICOs on the NEO blockchain, I can't even imagine the soaring NEO price. A word to the wise! ;)
2nd argument: NEO is the first cryptocurrency rated A- by the US rating agency "Weiss Rating" in its "Weiss cryptocurrency ratings".
This rating immediately created jealousy with Bitcoin and other major cryptocurrencies, who could not stop themselves criticising Weiss Ratings and its rating system:
“Granting NEO an A confirms, in the eyes of critics, that Weiss — a company with no background in cryptocurrency — doesn’t understand the industry it is judging. What sort of skewed ratings system places one of the world’s most centralized cryptocurrencies leagues ahead of one of the most decentralized (bitcoin)?”Bitcoin.com
By 1 March 2018, all NEO holders will receive free Ontology through an Airdrop!I suggest you read this post: Airdrop Ontology
NEO could soon become a main countervalue cryptocurrency on most cryptocurrency trading platforms. Cryptotraders would then be able to trade a cryptocurrency directly for NEO instead of having to trade their cryptocurrencies for BTC, ETH, or USDT.
NEO is already a countervalue cryptocurrency on the Kucoin platform. The Binance platform plans to do the same.
Believe me, this will have a very positive effect for NEO’s price.
Disclaimer: This article is not a recommendation to purchase NEO, nor is it investment advice. What I have written here is my personal opinion of the cryptocurrency NEO. A word to the wise once again! ;)
Reminder: Investing in cryptocurrencies is VERY risky and can lead to the total loss of your investment. Not all investors fully comprehend investing in cryptocurrencies. So be aware of these risks and don't invest money you can’t afford to lose.
The day I wrote this article originally, NEO was trading at $100 and capitalised at just over $6 billion.
Compared to NEO, Ethereumwhich is quoted at $1,000 and capitalised at more than $100 billion.
Pro-NEO investors scream when they see this funding gap. Why is that? Because the NEO blockchain is 1000 times more powerful than the Ethereum blockchain. It should also be considered that the Ethereum blockchain might not be powerful enough to support its future load. The case has already happened in the simple game CryptoKitties. But Ether’s value is mainly due to its age and the numerous projects running on its blockchain.
The numerous ICOs on the NEO blockchain
The year 2019 for the NEO blockchain appears to be the year of partnerships. Most of the projects have so far been launched on the Ethereum blockchain. But the NEO blockchain’s force attracts projects to it. Participating in all these ICOs can be an excellent idea for 2019. Examples of ICOs on the NEO platform: APEX, NEX, ZEEPIN. Simply visit NEO's official website to see current partner projects.
Good to know: some ICOs have recently been cancelled on the Ethereum blockchain, so as to finally be carried out on the NEO blockchain.
Holding NEOs also means earning GAS
After buying NEOs on a trading platform, investors generally transfer their NEO to a NEON wallet for more security and to accumulate GAS (the exchange currency on the NEO blockchain). You should know that 100 NEO held on a NEON wallet make it possible to generate approximately 1 GAS per month.
Good to know: some cryptocurrency trading platforms pay investors the GAS generated by holding NEO, and others don’t. (Oh the thieves). However, it is best to secure your NEO on a private wallet.
The price of GAS tends to be half the price of NEO. Today, NEO is $100 and GAS is $50.
If you buy 10 NEO (for an investment of $1000), you will accumulate 1.2 GAS per year, that is to say approximately $60 or 6% of your initial investment.
But let's assume that NEO's capitalisation reaches Ethereum's capitalisation: NEO would then quote at about $1600 and GAS would then have to follow this increase to quote at about $800. Simply by holding NEO you could double your capital because of the GAS accumulated. But the Pro-NEOs do not aim at a simple rallying to the same capitalisation as Ethereum. For them, as the NEO blockchain is 1000 times more powerful than the Ethereum blockchain, it would be normal for Ether investors and projects operating on the Ethereum blockchain to switch to NEO, making NEO the reference blockchain.
The end of Bitcoin and Ethereum working on archaic blockchains. Make way for NEO!
Two final arguments in case I haven't been able to convince you about NEO
1st argument: China recently banned all participation in ICOs in its country, in order to protect its residents from the risks of SCAMS and other bad ICOs. It would not be impossible to see this ban lifted for ICOs carried out via the NEO blockchain exclusively. If this ban is lifted only for ICOs on the NEO blockchain, I can't even imagine the soaring NEO price. A word to the wise! ;)
2nd argument: NEO is the first cryptocurrency rated A- by the US rating agency "Weiss Rating" in its "Weiss cryptocurrency ratings".
This rating immediately created jealousy with Bitcoin and other major cryptocurrencies, who could not stop themselves criticising Weiss Ratings and its rating system:
“Granting NEO an A confirms, in the eyes of critics, that Weiss — a company with no background in cryptocurrency — doesn’t understand the industry it is judging. What sort of skewed ratings system places one of the world’s most centralized cryptocurrencies leagues ahead of one of the most decentralized (bitcoin)?”Bitcoin.com
Still not convinced about NEO? ;)
By 1 March 2018, all NEO holders will receive free Ontology through an Airdrop!I suggest you read this post: Airdrop Ontology
The highlight of the show
NEO could soon become a main countervalue cryptocurrency on most cryptocurrency trading platforms. Cryptotraders would then be able to trade a cryptocurrency directly for NEO instead of having to trade their cryptocurrencies for BTC, ETH, or USDT.
NEO is already a countervalue cryptocurrency on the Kucoin platform. The Binance platform plans to do the same.
Believe me, this will have a very positive effect for NEO’s price.
Disclaimer: This article is not a recommendation to purchase NEO, nor is it investment advice. What I have written here is my personal opinion of the cryptocurrency NEO. A word to the wise once again! ;)
Reminder: Investing in cryptocurrencies is VERY risky and can lead to the total loss of your investment. Not all investors fully comprehend investing in cryptocurrencies. So be aware of these risks and don't invest money you can’t afford to lose.
