There are quite a lot of cryptocurrencies that are available out there. And as an investor, you should never put all your money in a single cryptocurrency. Why? Because the price of the crypto coins fluctuates a lot. As a result, any coin can down anytime, and you would face a huge loss.
And in case if you think which is the best cryptocurrency to invest, then let me just talk about a few coins that you can invest in for the future returns.
So here we go:
Which is the best cryptoccurrency to invest?
First of all, I have the Bitcoin, and it is one of the most promising cryptocurrencies that you can invest in. Even, according to experts, Bitcoin is the only cryptocurrency which will be profitable in the long run. Of course, over time, the coin has a lot of drawbacks and jumps. But the truth is that the coin is growing continuously and it will grow further in the future.
You can also think of investing in Ethereum. It is the second most popular cryptocurrency available out there. Ethereum is based on a popular dApp processing platform. According to the live price tracker, the coin currently costs about 147.49 USD. And according to experts, the price will go even higher than what it is today. Also, there are a lot of developments happening around Ethereum, so yes, there is a high chance that the price will go up.
Next, there is the Litecoin. This one is way cheaper compared to Bitcoin and Ethereum. And it does not reflect the market potential of Bitcoin and Ethereum. And this is the reason why some experts believe that it is a great coin to invest it. Along with that, it has the potential to become a global transaction network.
You can also think of investing in Ripple. Ripple has a high potential for growth in the future. As well as the coin is pretty cheaper. As you probably know that Ripple is trying its best to become the official solution for the banking infrastructure. And if Ripple completes their goal, the price for Ripple would skyrocket. Even, Ripple has already started to work with some of the major banks worldwide.
In the end, I have the NEO. This one is also pretty cheap, and as of now it is priced at $8.94 USD. Talking about the coin, well, it has a huge potential for future growth. As well as the Chinese government is thinking of adopting the NEO infrastructure. And if that happens, the price may go higher.
So that was the answer to your which is the best cryptocurrency to invest. Also, before you invest in any cryptocurrency, make sure to read about the price prediction. So you can have a clear idea. Also, if there is anything you would like to ask, then do feel free to comment below.…