Buy cryptocurrency,in which crypto to invest?
Are you an investor, crypto enthusiast, etc., and want to invest in crypto? With over 20,000 crypto currencies on the market, the choice can be overwhelming. From Bitcoin, king of cryptos, to Dash 2 Trade passing through Ethereum and Ripple, this article takes you on an overview of the sphere of the best cryptos in circulation.
If these cryptos are not to your liking, you can discover the essential criteria for choosing the best cryptocurrency to optimize your investment.
IN WHICH CRYPTOCURRENCIES TO INVEST?
From the best cryptos to promising new tokens, there is a wide range of digital assets in the market in which you can invest.
BITCOIN: THE BENCHMARK OF CRYPTOCURRENCIES
It’s no longer a secret, bitcoin is undeniably the king of cryptos. The best cryptocurrency to have in your wallet, BTC considered digital gold remains the largest store of digital value in the world. Its rarity and its rate of adoption suggest the certain increase in its value.
In reality, bitcoin is particularly rare since there are no more than 21 million of this crypto in circulation. Moreover, its price will increase as the number of buyers increases. This is all the more obvious when we know that the bitcoin market is based on the system of supply and demand.
With nearly 387.8 billion dollars, bitcoin is positioned at the top of the ranking of the best cryptocurrencies in the world. To buy this reference asset, you can visit the Bitcoin site to discover a complete guide for a secure and serene transaction.
ETHEREUM: THE BIGGEST CRYPTO AFTER BTC
After bitcoin, Ethereum is the largest cryptocurrency in the world and at the same time one of the best to buy absolutely. Thanks to its smart contracts, transactions on the network are fully decentralized and faster.
Several thousand ERC-20 tokens are built on Ethereum and that is what makes it so famous. It is true that this crypto is energy-intensive, expensive in gas fees with a limited number of transactions. However, the upcoming release of Ethereum 2.0 looks promising.
This new version will revolutionize everything with 90% fewer costs, 10 times more transactions per second, 90% less energy and polluting. The network will therefore move from PoW (Proof of Work) consensus to a PoS (Proof of Stake) protocol.
Nevertheless, for the time being, Ethereum has seen a drop of almost 67% compared to its price in 2021 which had reached $4,900. It is therefore the ideal time to acquire one of the largest cryptocurrencies on the market at a lower cost.
RIPPLE: THE ONLY CENTRALIZED CRYPTO ON THE MARKET
Symbolized by the sign XRP, Ripple is a cryptocurrency that comes as the only centralized digital asset on the global market. One hundred times more powerful and less expensive than banks, Ripple technology is adopted by many financial institutions around the world.
In the future, this cryptocurrency will be adopted massively. Moreover, it is a safe bet that it will become the new standard for international monetary transactions. On the exchange, this asset capitalizes 49.65 billion with 100 billion coins as the maximum supply.
Furthermore, analysts believe that the value of XRP will continue to climb in the coming years. However, at the moment, the price of Ripple is $0.35, which is a great opportunity to invest.
DASH 2 TRADE: PROMISING NEW TRADING PLATFORM
Dash 2 Trade is a crypto that stands out for its collection of innovative trading tools. Accessible to all traders, beginners as well as professionals, it offers multiple intelligent and professional analysis features.
Its objective is to popularize trading among the general public by offering the same services as those enjoyed by traders on the traditional stock market. To achieve this, the platform offers various activities, in this case trading competitions. The success of these events requires the mobilization of funds. This is why Dash 2 Trade launched its presale through its token, the D2T.
From professional investors to traders, passing through simple crypto-enthusiasts, this new crypto project leaves no one indifferent. The proof ? Over $400,000 was invested in Dash 2 Trade within hours of its pre-sale launch in October 2022. It is even considered one of the most promising cryptos for the coming months.
HOW TO IDENTIFY THE BEST CRYPTOS TO BUY
Being aware of crypto news is a great way to not miss opportunities. Nevertheless, to choose the best cryptocurrencies, the following criteria are essential.
EXAMINE THE LONG-TERM POTENTIAL
Every crypto project has something that sets it apart from the rest. Bitcoin, for example, is considered a store of value. As for Ethereum, it is perceived as a benchmark in terms of smart contracts.
The same is true for Ripple, which has revolutionized the financial system around the world. Each quality cryptocurrency therefore has a unique characteristic that makes it a good potential in the long term.
PARTICIPATE IN CRYPTO PRESALES
The very first buyers of bitcoin acquired it for less than $100. Nonetheless, speaking of a bargain, those who bought Ethereum at $1 scored a hit.
If you want to acquire tokens at the best price, attend cryptocurrency presales. This is indeed an opportunity to spot the best projects and buy tokens at a relatively low price.
MAKE SURE IT’S USEFUL
To be promising, a digital asset must have relevant use cases. This is the case with the IBAT currency of the Battle Infinity ecosystem. These tokens are used to buy avatar accessories, earn rewards through the Battle Stake program or to carry out transactions on the IBAT Battle Market.
CONSULT HIS ROADMAP
To be sure of the potential of a cryptocurrency, it is important to consult its roadmap. You can find details on the objectives of the crypto project and projections for the future. Clearly, you will find information there that will help you estimate the viability or not of the project as well as the usefulness of the native token.