Wondering where to invest your funds? You should consider investing it in crypto. This is because its value increases as the years pass by. As a matter of fact, it also functions as a commodity and a currency.
It is understandable that it can be too overwhelming to choose where to invest your money because there are more than 5,000 cryptos in the market. To make it simpler, you can check out the top cryptos that are worth your time and money on learncrypto news or other sites that monitor the industry. Here is also a quick list of cryptos you should consider:
You will never go wrong with Bitcoin. Aside from being the most popular crypto, it is also the biggest player in the market. Although it is completely volatile, it showed consistent growth.
If Bitcoin is too expensive for you, you should go with XRP. It is actually one of the most affordable cryptos to invest in. With its solid technology and network, the use of Ripple is slowly accepted in the field of international commerce and payment networks.
Aside from Ripple, Litecoin is also affordable to invest in. It is also known as one of the fastest when it comes to payments. With its technology-forward background, it has a higher market capitalization. Compared to other cryptos, the price of LTC depends on adoption.
Even if Bitcoin is the most popular and largest digital cash, you can’t deny that ETH is one of the most influential of them all. This is because its blockchain technology allows the developers to create several projects.
If you are concerned about privacy, you should go with Zcash. This is because it offers an outstanding privacy system that is definitely difficult to hack.
ZEC also has a total fixed supply of 21 million coins. It is also designed for peer-to-peer value transfers.
Compared to other cryptos in the market, it is designed to be a fast and reliable medium of transaction. It also offers a high degree of flexibility and multiple services.
The amazing thing about Cardano is that it relies on a strong group of tech-forward people who are making sure that ADA is in a stable condition.
Tron is actually one of the most hyped projects in the crypto community. In fact, Justin Sun, the founder of TRON and CEO of BitTorrent was listed in Forbes’ 30 Under 30 Asia 2017.
Reasons Why You Should Invest in Crypto
No one can’t deny that even if the popularity of digital cash is rapidly increasing, there are still a lot of doubts about its potential. Compared to fiat currencies, it offers lower fees and faster transactions. Here are some of the reasons why you should go for cryptos right now:
The Number of Coins
Since there are a lot of cryptos in the market and the minimum investment barriers are slowly torn down, anyone can buy cryptos. The only difference in investing now is that it is at an affordable price. Who knows? Its value might go higher in the future.
Low Transaction Fees
The reason why digital currencies have lower transaction fees is that the transaction is between two parties only.
Because most cryptos are based on blockchain technology, all the transactions are recorded. It is also accessible to everyone. This feature is also best for investors and traders. In this way, you can monitor which crypto is the most used on the market.
Although it is accessible to anyone, no one can make changes. Your information is also hidden. Think of it as a digital museum. What are you waiting for? Choose your crypto and invest now!