Which cryptocurrency would you invest in?

Started by carldweb, Aug 14, 2022, 04:24 AM

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carldwebTopic starter

Now there are quite a lot of different cryptocurrencies and I cautiously wonder which crypto is better to invest in? If you had "extra" funds, where would you send money?
I understand that you can't guess in advance, it's like a kind of lottery.
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ShreeVaghani

If I had extra funds, I would get bitcoin. No matter what anyone says, its course can be called stable to some extent + many analysts predict a bright future for it. Unfortunately, the ceiling of $$$ has not yet been reached, but this is a matter of time.

But you don't have to go far to explain that not only bitcoin can shoot. Over the past 30 days, the EOS cryptocurrency has grown by 220%. As for me, by investing in time, you could get a good income. You just need to constantly monitor the market, there are always interesting options.

And always adhere to that opinion - money should work and generate income. I don't understand when somebody gets hung up on one thing, whether it's a crypt or something else. It is necessary to be able to use the available assets and invest them where there is a profit. This certainly does not apply to long-term assets. I myself change crypto to fiat in the morning, and in the evening I change the same fiat to crypto - if there is a profit on this, then it matches me.
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arthyk

In my opinion, an interesting project for investments and earnings is Lucky Block. This is a blockchain-based gaming platform and the number of project participants is growing daily. In order to make the Lucky Block cryptocurrency your asset, it is enough to connect your BNB (Binance Coin) wallet and make an exchange on the project website, indicating how much you want to invest.
I also note that the goal of the project is to increase the honesty and transparency of online games. 8)
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rikerrr

At the moment, I think it's worth investing in altcoins (bch, etc). Since ETH is switching from proof of work to proof of stake, mining of this currency will be impossible, respectively, all miners will switch to altcoins, which I wrote about above. In addition, now there is clearly a bear market and the price of altcoins is quite attractive.
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Bhuwan

At the moment, you can easily get into a difficult situation with fake currencies, which are held by companies and are more like a financial pyramid.

Proven Cryptocurrencies:

Ethereum has been showing stable development since its inception. One of the bonuses for users is the ability to independently generate blockchain applications for financial transactions.
The advantage of cryptocurrency is the absence of intermediary companies, this reduces the risk of theft of the invested amount of money. Ethereum users also have the opportunity to create cаsinos, bookmakers. In the future, according to experts, the cryptocurrency will grow 10 times.

Bitcoin is one of the most liquid cryptocurrencies. Investors received more than 120% per annum during the investment of funds. This is especially true for long-term investments of 6 years or more.
Of course, having invested in 2011, you can get fantastic benefits today. It is easy to invest in Bitcoin through a special wallet, which gives access to one of the bitcoin trading platforms.

Monero has the main advantage over other cryptocurrencies, it is the anonymity of users and transactions carried out. There are also negative sides: the currency is very popular on the black market, since money transfers cannot be tracked by law enforcement agencies and others.

Factom is based on a blockchain, which ensures the safety of data.
Counterpart is a financial platform that uses blockchain technology and has an XCP cryptocurrency. Transactions are carried out at special bitcoin addresses.

Siacoin is a completely anonymous platform with a user–friendly interface.

Lisk is a potential competitor to Ethereum with growth prospects.

Ripple is an ideal cryptocurrency for venture operations, as the commission for making payments is reduced.

Steem is a payment system for a completed service.

Zcash is a completely new platform with a high level of anonymity and good quotes.
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