Best cryptocurrency to to invest

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1. Ethereum

Cryptocurrencies are all the rage today. What seemed like a niche product for tech geeks and enthusiasts has now enveloped the whole world with its charm. However, this meteoric rise in popularity has given birth to a lot of copycats and the market is now flooded with numerous cryptocurrencies. This has made it really difficult for regular investors like you and me to invest in cryptocurrencies as people are really not sure which cryptocurrency will be the right investment for. While its impossible to predict the future of any specific cryptocurrency, we can look at their underlying infrastructure to best cryptocurrency to to invest which ones are worth your time and which ones are just hacks.

Cryptocurrency Explained

The only crypto to have made that mark! Well yeah! Bitcoin is no different. Well, he has explained the exact numbers and figures which lead up to his conclusion of that figure, which can be found on this CNBC post! Anyway, so should you still invest in Bitcoin, and is it still one of the best cryptocurrencies to invest in ? Well yes!

Cryptocurrency Advantages

Cryptocurrencies are all the rage today. What seemed like a niche product for tech geeks and enthusiasts has now enveloped the whole world with its charm. However, this meteoric rise in popularity has given birth to a lot of copycats and the market is now flooded with numerous cryptocurrencies. This has made it really difficult for regular investors like you and me to invest in cryptocurrencies as people are really not sure which cryptocurrency will be the right investment for.

While its impossible to predict the future of any specific cryptocurrency, we can look at their underlying infrastructure to see which ones are worth your time and which ones are just hacks. In this article, we are going to list 6 different cryptocurrencies which you should consider before investing your hard earned money: Best Cryptocurrencies to Invest in Even if you have never ever tried to learn about cryptocurrencies, chances are you have heard of Bitcoin.

While Bitcoin is the largest and most valued cryptocurrency in the world, we are not including it in our list as Bitcoin has become way too pricey to generate any substantial gain without having to take too much risk.

Ethereum This one is a no-brainer. After Bitcoin Ethereum is the most popular and established cryptocurrency in the world. Some people are now preferring Ethereum over Bitcoin as the technology underlying its cryptocurrency is more advanced with far too many applications.

Ethereum is a blockchain platform that can run smart contracts. Suppose I am investing money in a company. As it is the nature of investment, the company will not get all the money at a single time, rather the money will be delivered in installments. There will be certain milestones along the way that a company has to reach before it can take the next installment.

Now, currently setting up this kind of contracts requires a lot of lawyers, book-keepers, and other services that cost a lot of money. Obviously, the underlying technology is way more complex than I made it seem here, but you get the idea right?

While Bitcoin is just a cryptocurrency, Ethereum is a platform which has business applications. Although costly, I believe that Ethereum will be one of the safest cryptocurrency bets of Learn More: Visit Ethereum. If you want to invest in cryptocurrencies, Ripple is one of the hottest in the market right. Just a few days back, Ripple overtook Ethereum to become the second largest cryptocurrency in the world by market capitalization.

He has left behind the likes Larry Page and Sergey Brin, who are the founders of Google, which is just mind-boggling. The price of Ripple makes it a really good investment for anyone looking to get into the game of cryptocurrency.

Ripple has a solid foundation in its platform. Unlike Bitcoin which was born with the aim of creating a decentralized economy, one without banks and regulating agencies, Ripple wants to work with. Needless to say, Ripple has huge potential application and is the one you should invest in right. Learn More: Visit Ripple 3.

Stellar Stellar is yet another blockchain platform which wants to make international payments easier for people and businesses by collaborating with banks. While its underlying core technology might be different from Ripple, its application and premise are the.

The rise of Ripple has also helped Stellar in growing exponentially over the last few months making it one of the largest cryptocurrencies in the world.

At the time of writing this article, Stellar has circulated more than 8 billion lumens giving it a market capitalization of more than 13 billion US dollars. Currently, one lumen is trading at 0. Learn More: Visit Stellar 4. According to their website, what differs IOTA from other cryptocurrencies is its underlying blockchain technology, which the company is calling as Tangle. That means that businesses and people will be able to carry out micro and nano transactions, as there are no fees involved.

The company believes that the world is moving towards a completely autonomous and connected future where machines will talk to each. IOTA will help these smart machines to best cryptocurrency to to invest resources like electricity and WiFi for money, which will be transferred using its Tangle technology. While Bitcoin is a good for peer-to-peer payment service, the resources required to mine Bitcoin are just too costly and the currency also has a slower transfer speed when compared best cryptocurrency to to invest other new cryptocurrencies.

Charles Lee founded Litecoin to solve these problems that the consumers and miners are facing with Bitcoin. Unlike cryptocurrencies like Ethereum and Stellar, which aim at providing a platform for business application, Litecoin is a plain and simple cryptocurrency. It follows the principle of Bitcoin and wants to create a decentralized economy where consumers and money are not regulated by any banks or central regulating agencies.

That said, Litecoin is better than Bitcoin as it offers a higher coin limit, a resource-friendly mining experience, and faster transactions. While the likes of Ethereum and Stellar depends on businesses to adopt their technology for ultimately being successful, Litecoin solely depends on its adoption by people. Learn More: Visit Litecoin 6. Neo was founded in and is an open-source project hosted on Github. The physical assets can then be traded digitally without the need of intermediary agencies.

All this means that Neo wants to make it easier to trade physical assets while cutting the cost and providing a more secure and trusted platform. It is one of the fastest growing cryptocurrencies in the world with a total market capitalization of over 6 billion US dollars. The best part about Neo is that it has not seen much volatility in its valuse as it is the norm with other cryptocurrencies in the market.

As the value of cryptocurrencies is rising exponentially, not only the general public but even the big hedge funds are looking to invest in.

That said, many experts are also terming this phase as crypto bubble and warning people against investing in. You just have to smart about investing your money. LOG IN. Recover your password. Home Internet 6 Best Cryptocurrencies to Invest in In this article, we are going to list 6 different cryptocurrencies which you should consider before investing your hard earned money: Best Cryptocurrencies to Invest in Related Articles.

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Best Cryptocurrency to Invest

For day to day use, desktop best cryptocurrency to to invest mobile wallets like Exodus are good for smaller amounts. Tags Bitcoin Blockchain. Bitcoin vs. Features of Cardano If you want to become a long term investor, then you should choose this currency as you can not complete the life cycle within a few months. Invest in Tezos 8. Where others are the crypto or digital assets offered by various platforms, Nexo enables traders to take crypto loans using their digital currency. You can earn up to 0. Article Sources. Bancor All Rights Reserved. Chainlink