December will be a very important month for the world of cryptocurrencies, as many investors will take advantage to accommodate their portfolio of digital currencies. As if it were not enough Bitcoin advanced to the long-awaited barrier of US $ 10,000. Anything else?
1- Ethereum (ETH)
Ethereum is one of the cryptocurrencies with one of the most solid projects in the future, since it has the possibility of running smart contracts, which are applicable to most sectors of the economy and production cryptocurrency cold storage.
Another of the great advantages of Ethereum, is that most of the new Startups use their technology to finance their projects, through the issuance of Tokens.
The recommended entry point to invest in December is around US $ 400, projecting a value up to US $ 800 for 2018.
In the short term we place it in a range between 400 to 600 dollars.
2- Bitcoin Gold (BTG)
Bitcoin Gold is a cryptocurrency with little more than a month of life, after separating from its big brother: Bitcoin. So far it has moved in a range between US $ 120 to US $ 500 in the midst of comments of all kinds.
The certain thing is that until the moment it resists, and little by little it is noticed the entrance of more capitals, that with time they will be seen if they are merely speculative, or with horizon to future.
From CryptoTendence we recommend investing in Bitcoin Gold only in the short and medium term (1 to 6 months maximum), until it clears a bit its landscape within the ecosystem.
Currently, it is quoted around US $ 300, an interesting value to buy, although the optimum point would be about US $ 270, looking for a target between 350 to 380 dollars.
3- Komodo (KMD)
Komodo is another of the projects that are to “bet” in the medium and long term, as it provides Blockchain solutions, which will be very demanded by companies around the world in 2018.
At the time of writing this report Komodo is trading at US $ 2.70, which we consider a good entry point. If the cryptocurrency market maintains its positive trend, the Token should not have major disadvantages in approaching the 4 dollars.
The interesting thing about Komodo, which has a lot to grow, unlike other cryptocurrencies that already have a limited ceiling. If the project is successful it could double or triple its current value.
4- OmiseGo (OMG)
OmiseGo, the cryptocurrency that has the support of the creator of Ethereum, Vitalik Buterin, is one of our favorites.
The cryptocurrency has been trading for just over 4 months at CoinMarketCap, with a floor of US $ 0.55 (exit value) and a maximum of US $ 13.30, recorded at the beginning of September. Currently, he is trading at just over 8 dollars.
From CryptoTendence, analyzing some variables, we observe that OMG has much more to gain than to lose. For 2018 the projection gives us at least US $ 15.
5- TenX (PAY)
TenX is another of the great projects that the cryptocurrency ecosystem has, which has not yet fully exploited.
It is one of the few cryptocurrencies that offers a debit card to make purchases anywhere in the world, and can pay with digital coins.
Currently, it is trading at US $ 2.35, a good value to buy in the medium and long term. If the objective is to speculate in the short term, the most advisable thing to invest is to expect it to go down to US $ 1.90.
For 2018 we have high projections for TenX, with an approximate value of US $ 6, more than double the current price.
6- GameCredits (GAME)
Game Credits is a cryptocurrency with more than 3 years in the market, starting its takeoff in May of this year. In the month of June he scored his historical maximum at US $ 4.90, which will be the great challenge to beat.
At the time of writing this report quotes around US $ 2, a value more than interesting to buy, both for short and long term investments.
The objective of minimum for the next 3 months is at US $ 3, and the maximum for 2018 at US $ 5.
7- Bitcoin (BTC)
To finalize the recommendations of December, Bitcoin could not be missing, which until now has a cumulative gain of 1000% in 2017. While there is a month left until the end of the year, and everything can happen, it is clear that Bitcoin is not a passing fad.
If we take as a reference some “Wall Street” gurus, buying at $ 10,000 may be a bargain, since they predict that their price would reach US $ 40,000 by 2018.
Now, if we see the cumulative rise of the year, it may seem risky to enter at this height. It all depends on the degree of risk you are willing to assume.
CryptoTendencia’s advice is to buy Bitcoin, only if you are willing to invest in the medium and long term, since in the short term its oscillation can be strong, either down or up.