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Find the Best Cryptocurrency to Invest 2020
Cryptocurrencies have performed debatably in 2020, yet are continuing to attract new investors in 2020.
However, most beginners have difficulties finding the best cryptocurrency to invest in 2020. We’ve all been there, so don’t worry! I understand how confusing it is when you first begin looking for new cryptocurrency investments. And that’s why I’m here to help.
So, are you also looking for the next cryptocurrencies to invest in 2020? Do you find yourself wondering “Should I be investing in Bitcoin?” or “Should I be in investing in Ethereum?”
Well, wonder no longer! I’m here to answer all your questions. By the end of this guide, you’ll know how to find cryptocurrencies to invest in 2020.
But first, let’s talk you through the recent growth of cryptocurrencies.
Table of Contents
Cryptocurrency Market So Far
The first cryptocurrency, Bitcoin, was invented back in 2009. That was just the beginning though, and nobody really knew about Bitcoin until 2020. Additionally, no one even thought that it might become the best cryptocurrency to invest. However, since 2020 the cryptocurrency market has seen huge growth — growth that has been hard to ignore. Such growth and market size can be compared to some of the very traditional retail markets, for example, multibillion mattress market (you didn’t think of it, did you?). This market has experienced a vast growth of such skyrocketing mattress companies as Casper or Nectar, very similar to Bitcoin and Ethereum rising in the digital world. There are now more than 1500 different cryptocurrencies, all created in less than 5 years.
It’s clear that 2020 was the year crypto really blew up. The market cap of cryptocurrencies grew by 4000%! The market cap of all cryptocurrencies was around $21 billion in March 2020, whereas it is now over $454 billion. That’s huge!
Market cap: The total price of all coins added together.
The cryptocurrency market isn’t just about Bitcoin anymore. There are other cryptocurrencies that have entered the space, such as Ethereum, Litecoin, and Ripple. All of these have performed incredibly well over the last year and are the best cryptocurrency to invest in.
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The following chart from CoinMarketCap shows the growth of cryptocurrencies over the years.
There are a lot of things being said about the future of cryptocurrencies. Some people believe that the cryptocurrency phase won’t last long, while others think they’re going to be around forever.
It is difficult to predict the future of cryptocurrencies, but what I do know is that the popularity of cryptocurrencies is only increasing. One of the reasons why cryptocurrencies are becoming more popular is because of blockchain technology, which is the main technology behind all cryptocurrencies.
Blockchain technology is the next big thing – it is secure, trustless technology that was first used by Bitcoin. You can’t learn how to invest in blockchain, though. Instead, you can learn how to invest in the cryptocurrencies that use blockchain (which is all of them!)
Are you ready to find out about the next cryptocurrency to invest in 2020? Well, let’s get started.
So, what are the Best Cryptocurrencies to Invest in 2020
Best Cryptocurrency to Invest 2020: Bitcoin (BTC)
If somehow, you’ve only heard of one cryptocurrency, it’s probably Bitcoin. It is the biggest cryptocurrency — it currently has a 40% i share in the total cryptocurrency market cap! It is the oldest cryptocurrency and it still dominates in the market. So, if Bitcoin continues to increase as it did in 2020, then investing in Bitcoin might be a good idea for 2020.
The price of Bitcoin changes a lot every day and has seen many highs and lows over the last few years. Take a look at the following chart and you will see just how much the price changes.
The price of 1 Bitcoin has gone from around $76 (07.09.13) to as high as $20,000 in December 2020. But then after Bitcoin reached its highest point in December, the price of Bitcoin dropped to around $6000 in February 2020 and has been dropping even further ever since. It’s crazy!
With the price changing so much in such a short space of time, how do you decide what the best time is for investing in Bitcoin?
Well, we can try to find the answers by looking at some important past events — when the price went up or down by a large amount.
- One major event was when Bitcoin split into two cryptocurrencies — Bitcoin and Bitcoin Cash. This happened August 1 st Investors who knew about this invested their money before the split and made huge profits, almost doubling their investment!
- The price of Bitcoin dropped to around $10,000 in January 2020, almost half of the $20,000 it was worth in December 2020. Many investors became worried at this point and started selling their Bitcoin. This caused the price to fall to around $6,000 in February 2020.
If you want to invest in Bitcoin then you need to stay up to date with the latest news and trends around Bitcoin. When news is released about a new technical improvement, you might want to think about buying Bitcoin. If there is a huge fall in price of Bitcoin, then that too might be a good time to buy Bitcoin because you can buy it a low price.
If you have already decided to invest in cryptocurrencies, then it might be a good idea to start by investing in Bitcoin. Even though you have missed the first major opportunity to invest, investing in Bitcoin could still be a good idea.
It all depends on whether you believe in the future of Bitcoin. If you believe in it, you should think about investing in it. If you don’t, then I recommend that you stay away from it. It’s the same with any investment!
Best Cryptocurrency to Invest 2020: Ethereum (ETH)
Towards the end of last year, the price of Ethereum was slightly higher than $720, with a total market cap of around $70 billion. At the beginning of 2020, Ethereum climbed and reached its highest price of $1423 on January 4. At this time, the total market cap for Ethereum was at $138 billion!
Ethereum grew by about 3000% in the year 2020 and became the second largest cryptocurrency, placing second behind Bitcoin.
Are you asking yourself, “Should I invest in Ethereum?” or “Is the price of Ethereum already at its peak?”. Well, the truth is, nobody knows! However, the following information should help you decide whether investing in Ethereum is a good option for you.
The chart below shows how Ethereum has grown over the last few years.
Below are the key events that have most affected the price of Ethereum in the past:
- Ethereum received an investment of around $150 million in May 2020. As a result, its price went up from $1 in January 2020 to around $14.80 in May 2020.
- However, On June 18 th , 2020, members of the Ethereum community found out that Ethereum had been hacked. Around $60 million worth of Ether (Ethereum’s currency) was stolen due to a flaw in a wallet. This caused the Ethereum price to drop from the high of $21.52 on 17 th June 2020, to $9.96 on the 18 th June 2020.
Unlike Bitcoin, Ethereum is not just a digital currency. It is a more advanced blockchain project. This is because Ethereum offers something special — by using Ethereum’s platform, developers can build their own cryptocurrencies.
Imagine that you would like to build a blockchain-based solution for managing the supply chain of your business. Well, thanks to Ethereum, you don’t need to start from the beginning. Instead, you can just build an application on Ethereum’s blockchain. Ethereum makes it much easier for new blockchain projects to launch.
So, is Ethereum your next cryptocurrency to invest in 2020?
I recommend that you think about adding Ethereum to your list, as I think it could be one of the best cryptocurrency to invest 2020.
Julian Hosp, a blockchain expert, said that the market cap of Ethereum could rise to $200 billion by the end of 2020. If Hosp’s prediction is correct, the price of Ethereum will reach up to $2000. Hosp’s reason behind the prediction is based mostly on the ICOs (Initial Coin Offerings) that decided to use the Ethereum blockchain in 2020 & 2020.
Ethereum also plans to improve their technology a lot this year, with new protocols almost ready to go. So, watch out for Ethereum!
To learn more about Ethereum, read our Ethereum vs Bitcoin guide.
Best Cryptocurrency to Invest 2020: Ripple (XRP)
Ripple, also known as XRP, was one of the best performing cryptocurrencies in 2020 with growth of around 36,000%! Yes, you read that right. It grew from almost $0 at the beginning of 2020 and reached $2.4 in December 2020 — as you can see in the following chart.
Like all other cryptocurrencies, the price of Ripple has also decreased in 2020 — it is currently set at $0.36.
I know what you’re thinking — you missed a great opportunity by not investing Ripple in early 2020. While that’s true, Ripple could still be a good option to consider as your next cryptocurrency to invest in 2020.
Even though the price of one XRP is a lot lower than the price of one Bitcoin, XRP is still the third largest cryptocurrency by market cap. In May 2020, it had a total market cap of around $35 billion.
So, what is it about Ripple that has made it so popular for investors?
The main reason for Ripple’s popularity is that it is not just a digital currency, but also a payment system. Ripple uses blockchain technology to make international payments securer and faster.
If you tried to make an international bank payment today, it would take around 2-10 days for the transaction to process. The same payment, when done using Ripple, takes a few seconds. How awesome is that!
But there’s more good news – many large financial institutions like American Express, JP Morgan and Santander are already using Ripple’s technology. Also, Ripple has been working with the Saudi Arabia Central Bank, China’s LianLian International and other banks from around the world.
So, if you’re wondering how to invest in blockchain, then Ripple might be the best answer.
Based on what I just explained, Ripple’s future in financial industry could be a good one. You should watch out for Ripple and learn more about their partnerships. Look out for new partnerships too — if Ripple signs a contract with another large bank, then it could increase the price of XRP.
The investors, who understood the services that are offered by Ripple, have made a lot of money. After a fantastic 2020, Ripple could just be the best cryptocurrency to invest in 2020.
Note: Now might be a good time to invest in Ripple, as its price has dropped 70% lower than it’s an all-time high of $3.4 in January 2020.
Best Cryptocurrency to Invest 2020: Litecoin (LTC)
Our list of what is the best cryptocurrency to invest in 2020 cannot be complete without Litecoin. Just like Ripple, Litecoin showed great performance in 2020 with a growth of almost 8000%.
The price of Litecoin grew from around $4 at the beginning of 2020 to a high of $358 in December 2020. However, just like most cryptocurrencies, Litecoin also followed the price trend and dropped to $110 in February 2020.
Take a look at Litecoin’s price chart below — you can see the quick rise in the price of Litecoin at the beginning of 2020. The price of both Litecoin and Bitcoin has followed a similar trend over the last year.
Litecoin is the 5 th largest cryptocurrency with a market cap of around $11 billion. Litecoin continues to interest investors because of its close connection to Bitcoin. Providing a good reason for Litecoin to be on our list for the next cryptocurrency to invest in 2020.
Litecoin was created in 2020 to improve upon Bitcoin’s technology. Litecoin completes a transaction 4 times faster than Bitcoin. However, unlike Bitcoin, the maximum number of Litecoin is capped at 84 million — 4 times more than the coin supply of Bitcoin (21 million).
Litecoin was the first cryptocurrency to perform a Lightning Network transaction in May 2020. Using the Lightning Network, 0.00000001 Litecoin was transferred from Zurich to San Francisco in under one second! Once Litecoin starts using the Lightning Network, it could increase the price of the Litecoin!
Lightning Network: A new technology that increases the speed of transactions on the blockchain network.
Investment Strategies: Let’s Make Something Clear
How do investors make decisions they want to invest in real estate or stocks? Do they start making investments the moment they think about it? My guess is that the answer to that question is – no!
Before you invest in anything, you need a clear understanding of what your investment goals are and how you will achieve them. You want a good idea of how long you are prepared to keep your investment open, and what amount of profit you are happy to take.
You should have the same mindset with cryptocurrency investments. Before you decide what the next cryptocurrency to invest in 2020 is for you, let’s discuss the two main types of investment strategies for cryptocurrencies.
Long-term Cryptocurrency Investment
A long-term investment is one where you expect a cryptocurrency to perform better over a longer period of time. Simple! Normally, the minimum time for long-term investment is 6 months to 1 year. Although, some people plan to hold onto their investments for 5-10+ years. It’s up to you how you choose to invest; you can either make your full investment in one go, or you can invest at different times.
Long-term Investment Strategy
Once again, before investing any amount, you must have a clear idea of what your investment goals are:
- Will you sell the cryptocurrency after a certain amount of time or will you sell it when it reaches a certain price?
- Will you sell off your investment at once or will you sell parts of it at different times?
- On what occasion would you sell the long-term investment in the short term? For example, if new laws come into place that could affect the long-term price of your investment, you might consider selling it sooner.
Next, you should do some research to decide which cryptocurrencies are best as long-term investments. I recommend that you check for the following:
- Is their technology better than their competitors?
- Do they have a strong team of founders and developers?
- How good is their roadmap/plan?
- Are they solving any real-world problems?
If you really believe in the cryptocurrency you invest in, you should learn to hold on to your investment even when the prices drop. If you ‘panic sell’, then you could lose money and regret selling.
Reasons For Making Long-Term Investments
- Long-term investing makes your life easier as you don’t need to watch the market all the time
- You believe that some cryptocurrencies will give a better return in the long-term
- You truly believe in the future of the cryptocurrency
Short-Term Cryptocurrency Investment
Short-term investments are made over shorter time periods in the hope of making quick profits. So, just how short is a short-term investment?
Short-term investments can take seconds, minutes, days or even a few months.
How Do Short-Term Investments Work?
Just like long-term investing, you need to have clear goals for your investment. You need to be asking yourself:
- What profit are you expecting to make from this investment? This will give you an idea of the price at which you should buy/sell the cryptocurrency.
- How much of a loss will you accept? This will help you control your losses if the price of cryptocurrency suddenly drops.
- Do you have time to study and follow the crypto market and the news?
- Can you make technical analyses of the crypto market? If not, then you should learn before investing.
- Will your short-term strategy give you higher returns than a long-term strategy?
You need to find out which is the best cryptocurrency to invest in 2020 for the short-term. Cryptocurrencies that have the following are good options for short-term investments:
- Low market cap
- High trading volume — lots of people are buying and selling it every minute
- Are currently trending on the news and on social media
- Have an ICO or have just finished their ICO — try to get them at a low price
While cryptocurrencies like Bitcoin and Ethereum can also be traded in the short-term, you should think about investing in the newer cryptocurrencies. Investors have made huge profits in the past with short-term investments – including some of the major, but newest cryptocurrency investments like NEO, Stellar, IOTA, and NEM.
The main advantage of short-term investments is that you can make a lot of money in a short amount of time — they have made a lot of people rich quickly. However, they still have their disadvantages.
So, what are they?
- They take up a lot of time and effort as you need to watch the market prices constantly
- It is a riskier investment and can result in greater losses because of how much the price changes in a short time
- It can be very stressful and emotional
It’s difficult to say which is the better option of the two investment strategies. It all depends on your goals and experience in the cryptocurrency market.
If you really believe in a project, then I recommend that you invest in the long term. However, if a project is new and is generating a lot of attention, then short-term trading could be the better option.
While cryptocurrencies can give you huge profits, you must be prepared for one more thing — to lose money. Remember, your predictions won’t always be right! Nobody truly knows what is going to happen to the price of a cryptocurrency or any other investment.
Do you know what most of the expert cryptocurrency investors say? You should only invest money that you are not afraid to lose. It’s great advice, so always remember it!
So, this is the end of our Best Cryptocurrency to Invest 2020 guide. I hope that you now know which investment strategy will work best for you and that you have a good understanding of what makes a good investment.
Which of the cryptocurrencies I mentioned is your favorite? Do you have a pick for the best cryptocurrency to invest in 2020?
*Note: this article is a personal opinion. Before making any investment decisions you should consult with a professional.
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Thanks for putting up this great list of cryptocurrencies. EOS and wanchain from a personal perspective are cryptocurencies to invest in right now
Truly helpful……thanks a lot
Google Anonutopia if you want the next big thing.
It has been great for me to read such great information about. I bookmarked this post for future reading and must share with my fellow. Thanks for a bunch for sharing.
nice article but the best cryptos in my eyes are not these mentioned . the best technical advance has zilliqa and this is my personal longterminvestment. when you see the pricechart you can also expect a lot from this crypto. and for shorttermtrading you did not mention any crypto. at the moment moeda loyalty points is a good shorttermcrypto. and there are some nez listed cryptos on binance which are great for shorttermtrading.
Wow, these are NOT going to moon. The coins that are low and worth investing in NOW are: XLM (stellar lumens) which is currently at 23 cents, is going to be 50 cents by December, and is easily going to be over 4 dollars by 2020.
Another coin to invest in would be Electroneum, but only if it falls below $0.01 again. Right now, it’s too high, but keep an eye on it.
The only coin on this list I agree with is XRP, as it has potential, but is more of a gamble than a sure thing.
Hi, I must say that it is a very valuable blog.. kudos to you. I have always been keen into knowing more about cryptocurrencies. I have written blog on the same topic as well.
Hope it helpful. Have a great day!
You should do a study on karatcoin by Karatbars International, CEO Harald Seiz. I believe this is a great investment.
Thanks for sharing useful Information. I appreciate your Content. i love your Blog. Keep Sharing!
Great! Your article has given answers for many of my doubts. Hope this article would be very useful for all the crypto investors. Keep up the good work!
thanks for this information,I really appreciate it.
I real want to invest in either currency. But how do I do it. I mean how to join? Otherwise thank you for your information.
g8 mind, keep up
GREAT BUT YOU DIDINT TALK ABOUT THOSE SCAMMER INVESTMENT ONLINE THEY START WITH BCT OF $ 10 AND RUN WITH MONEY OF MANY PEOPLE WHO IS NEW ON CRYPTO….
Sounds great. There is no doubt about it, market that dips and crashes like this are difficult to deal with. No matter what happens with this market, this is the best time to invest in cryptocurrencies because these coins you see going down now will go crazy higher in no time. The prices of these cryptocoins are volatile, it goes up and down all the time. They act like it’s falling apart. The market is still much higher than it was some years ago. If you ever thought about cryptocurrency as an investment, then you’re on your way to greatness. I urge you to listen to what I have to say. Because if you make the right pick you could find your self jumping for joy on top of an enormous pile of cash. Ready or not , a growing number of economies, banks, billionaires are backing this new forms of tender. And once you understand how easy it is to make profit from cryptocurrencies it’s easy to see why the cryptocurrency market is preparing to take off. Anything you’ve seen up to this point is going to be shadowed by the amount of money that is about to come pouring . And for investors who get in before the end of the year , they are going to make it big and earn an unbelievable amount of profit as far as you make the right pick of coin to invest or apply a currency prediction software to help know and select the right coins with value and potential to rise in no time to invest in as digital currencies are going to be once-in a life time opportunity. The only caveat is that you must act quickly and smart then invest with a good and trusted platform to help make the right pick or choice of coins with value and to invest in. Investors who wait idly on the sidelines until the media tells them to ‘buy now’ are going to lose out on millions and potentially billions of dollars . And if you wait for the media to tell you when cryptocurrencies are safe you’ll be losing out a great deal. I am not talking about buying bitcoin alone. I am not here to double or triple my money when I can potentially create 10times, 100times or even 1000times my money investing in ethereum and other new coins which have potentials. In just few months I’ve made nothing less than $100,000 investing in ethereum and other coins . My rules for buying cryptocurrencies if I want to keep my 98% win rate are thus; The asset must have intrinsic value, The asset must be new, but not too new. The digital currency boom that’s happening right now is a once-in-a-life time opportunity. You may never have the chance to make this kind of money this easily, ever again. There are lots of tiny digital currencies that can generate higher gains more than bitcoin and the rest which people can invest in and cash out big.
I really need to be guided on how to invest on crytocurrency which one to invest one..
Crypto 101: Is Investing in a Cryptocurrency Worth It?
Investing in something new can be a hard decision, especially when you’re dealing with money you’ve saved up or earned from previous investments. If you’re on your way towards financial independence, or if you want to grow your assets and your portfolio, you’ll likely want to know everything there is to know about a potential investment before you move your money. The same process can be applied to cryptocurrency, which a lot of people tout as something with huge potential in the market in the near future. And considering its performance in the market today, people may be interested in finding out just what all the fuss is about. If you want to get to know cryptocurrency on a basic level, this article is for you.
What is Cryptocurrency?
Before you think about investing in a cryptocurrency, it might help to learn what a crypto is and how it can affect you as both a consumer and an investor. In essence, a cryptocurrency is a cryptographically-secure digital currency. It’s a virtual asset built from blockchain technology, which makes it decentralized, gamified, and most importantly anonymous. Theoretically, crypto can’t be controlled by a singular entity or government because of its nature. As a kind of blockchain, cryptocurrencies have three (3) major components, all of which are its major competitive points in the market:
- Decentralization, where a bank or government isn’t needed to ensure that the crypto functions. This offers a great deal of financial freedom and democracy to users, as they decide what kinds of services and products they’re going to pay for.
- Gamification, where users have to collaborate to “check” everyone’s transactions for rewards. Cryptocurrencies rely on computing power to “solve” cryptographic puzzles that allow changes to be made in the currency. Collaborators in this regard earn a portion of that currency as a reward, similar to how experience points are shared in multiplayer games. Gamification of cryptocurrency motivates users to collaborate and ensure the survival of crypto for their benefit.
- Anonymity, where the robust security advantages of cryptography almost always ensure users of the cryptocurrency won’t be identified. And since all owners of the cryptocurrency will record all changes in transactions, anonymity is practically guaranteed.
Is it Worth Getting Into Crypto?
With the above in mind, it helps to identify whether or not these points actually matter when it comes to the full potential of cryptocurrencies. Is it even worth investing in cryptocurrency given its technical nature? It might help to check out both its advantages and disadvantages:
Advantages: Cryptocurrency makes transactions much easier and secure
People find cryptocurrency extremely appealing because of its potential to make digital transactions more accessible, much easier, and more efficient across different kinds of people. This can make credit more accessible to everyone. Here are other advantages:
- Get more control over your own transactions. Due to the secure nature of crypto as a form of currency, most – if not all – control over what happens to your cryptocurrencies fall under your control. This means no legal representatives, no agents, and no brokers will be required – no commissions, brokerage fees, paperwork, and complicated things that might otherwise deter you from handling your own transactions. Crypto essentially “cuts out the middleman” and as such makes transactions much easier to manage, audit, and clarify between parties involved.
- Democratize credit amongst a lot of people. According to some studies, around 2.2-billion people in the world have access to mobile phones or the Internet but at the same time have no access to traditional systems of exchange or banking. This is a lot of wasted potential in the market, and this is a lot of opportunities wasted on the part of consumers to take advantage of credit and investment opportunities. Since crypto needs to be handled on a digital medium, a lot of smartphone and internet users may be encouraged to participate and democratize the market. This is advantageous on an international level, as there’s no need for unnecessary levies, transaction charges, interest rates, and exchange rates.
- Secure and adaptable. Cryptocurrencies are, by nature, protected by strong cryptographic encryption. This practically secured transactions against account tampering and fraud. At the same time, this guarantees the protection of consumer privacy as well. Likewise, the advanced technology involved in the making of crypto also paved the way for “general-use” crypto and crypto used for specific purposes. The flexibility of crypto as a medium has led people to create around 1,200 unique variants of cryptocurrencies, some of which are cryptocurrencies programmed to be used for specific purposes and industries.
Disadvantages: It’s still relatively new in the market
Granted, cryptocurrencies have been around for quite some time in the market. Unfortunately, it’s not as exposed to the general public given the rather technical nature of the currency. Despite its advantages, the image people have of cryptocurrency remains as “that complicated market.” Unless this is removed, or crypto becomes more accessible, it can become hard for people to trust crypto at large. Here are other disadvantages:
- Lack of merchants makes crypto seem impractical. If we’re touting crypto as a form of currency, we should be able to use it in markets, right? Well, yes and no. Granted, we’re able to use cryptocurrencies in some markets and stores. Unfortunately, it’s not that “well-known” enough to be a widespread thing. This can make the idea of crypto investing a bit “off” for others, as while crypto is still unknown in majority of markets today, it’s really going to be beneficial as a form of investment. The good news here is that more industries have started to show interest in the potential of crypto as a form of currency – but it might be a long way to go for this to work out in the long run.
- Technical nature might turn off consumers. Unlike other forms of stocks and investments, crypto might perhaps be the most technical-intensive of all of these. And considering how trading in itself can be a niche activity, the kind of familiarity people will need before trading crypto might turn them off from the concept. Of course, learning about anything can be difficult at first – and in the case of crypto, the learning snowballs, the more people start reading about crypto. However, finding a good place to start and what to read next can be a bit overwhelming for beginners.
- Inconvenience in acquisition and maintenance. Building on the above, cryptocurrency can be quite a bit to handle for those who aren’t familiar with how blockchains and crypto work. For instance, if we do want people with better financial knowledge like our parents to handle cryptocurrency, they might be overwhelmed with what they have to study before even being able to handle crypto. Not only do they need to be familiar with an exchange, they need to have a wallet to maintain the crypto as well. If they want to earn rewards with mining, they also have to invest in a PC. These can be overwhelming for newcomers.
Conclusion: Worthy Investment, Considerable Risks
At the end of the day, it’s important to understand that despite the innate potential of crypto as a form of a financial asset, you shouldn’t solely rely on crypto for your portfolio. Like any other stock, you should diversify your crypto investments and make sure you study your niche enough that you know when to switch, pause, and even stop your investments entirely.
While there are indeed a lot of advantages on crypto’s end, there are considerable risks from potential government intervention, how crypto in itself is used, and whether or not it can grow to be a reliable means of transactions in the future.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Everything You Should Know About The CryptoCurrency – Part 1
What is CryptoCurrency?
CryptoCurrencies are the Digital or alternative currencies that don’t have any physical form. Cryptography is used for such currency to make secure transactions. In Such Transaction information or transaction details are converted into such code that is uncrackable. So everything in such transaction is traced by a code. Usually, CryptoCurrency is not controlled by any country, so the value of such currency is determined by the market.
Why was CryptoCurrency Invented?
Cryptocurrency started with the invention of Bitcoin in 2009 by the unknown entity known as “Satoshi Nakamoto”. A start-up company producing a new form of money – digital currency was born. This decentralized currency is not controlled by governments or any organization and as such is open to all. It has never and will never be afforded copyright. Currently used by over hundreds of thousands of people per day, and there is no middle man or no credit company. Bitcoin is an accepted currency on such major sites as WordPress, Piratebay, Reddit, and OK Cupid. Today there is a whole host of other digital currencies which work on the same basis but use different code eg. Litecoin and Primecoin.
Cryptocurrencies are legal all over the world with the exception of Iceland; although there have been restrictions made to their usage in other countries such as China. The biggest downfall of a Cryptocurrency is the potential for fraud through inside party infiltration of security systems: however, whilst this is logistically possible, but the cost would be sky high and unbelievable skill level would require. “Miners”, or members of the public, rewarded for successful handling of cryptocurrency, use resource-intensive software to help secure the network allowing it to mathematically solve equations and directly impede attempted fraud.
A cryptocurrency only has value in its exchange – it has no inherent value – much the same as a ‘conventional’ currency. A dollar is only worth what someone is willing to give you for that dollar. If everyone stops accepting the dollar – it becomes worthless. Hence cryptocurrency is only worth what someone will exchange for it. There is no Federal Reserve to issue new digital currency, theoretically making it more stable. New cryptocurrency is released, Bitcoin, for example, releases more each year but the exact amount decreases proportionally year on year; the Federal reserve reissues in a reactionary fashion whenever it is required Thus, the more business and people that accept a form of a cryptocurrency – the more stable it will become.
What makes CryptoCurrency Different
So what makes cryptocurrency so different from just using regular digital money? Well, there are a few key differences that we will cover in this article. Firstly, there’s no central bank anywhere that determines its value or controls the flow in which new money is being created. This makes the manipulation of the amount of money in existence not controlled by for the usual institutions we are used to. For
Firstly, there’s no central bank anywhere that determines its value or controls the flow in which new money is being created. This makes the manipulation of the amount of money in existence not controlled by for the usual institutions we are used to. For example, the US dollar is controlled by the Federal Reserve, but Bitcoin, which is one of the most popular cryptocurrencies today, is controlled by an algorithm that no individual person, company or country can change.
The value of a fiat cryptocurrency is really just based on what other users are willing to give up for it. No countries are involved, so the welfare of a particular nation’s economy doesn’t affect currency value. Since value is based solely on supply and demand, it functions like the way commodities do in the stock market.
Another aspect that differentiates cryptocurrencies from regular currencies is the low transaction fees to transfer money all over the world. The fee is independent of distance, country borders etc.. This makes it much easier to transfer enormous sums of money globally or to make micro payments between people who live in different countries.
Why do some people love cryptocurrency where some people see it as pure evil?
There are multiple reasons to love it or hate it. For example, the transaction made using Cryptocurrency cannot be traced like Credit Card or Bank Account that is usually linked to a specific transaction. All the transactions made using cryptocurrency (e.g. Bitcoin) can be traced forever with the specific “alias” or key that performed it. This makes for a lot of discussions and there are argues that Bitcoin is both untraceable and 100 percent traceable. Obviously, that has an immediate appeal in shadier sectors, and even though media often portrays cryptocurrencies as something only used by criminals, but the truth is that most people who use cryptocurrency are just regular people. Cryptocurrency also creates a lot of discussion because of the way it is making it possible to maintain some privacy in a world where someone is always looking over our shoulders. Be it a government, an Internet service provider, or data mongering corporations, cryptocurrencies such as Dash(earlier Darkcoin), Blackcoin or Zerocoin are constantly trying to increase the privacy of the individual.
How do you buy CryptoCurrency?
As of late, the world of cryptocurrency has emerged in full force contributing to a run to buy up hundreds of stocks in the newest digital currency market that springs up. However, even if you are familiar with this emerging market, there may be a few basic things you are unaware of which can have a detrimental effect on your trading power. Read on to learn more about how to buy cryptocurrency in a secure way.
Start by opening up an account
In digital currency, the term ‘wallet’ is used to represent your online currency account. This account will provide you the access to the crypto market from where you can buy all types of cryptocurrencies. Regardless of which wallet you choose, once you open the wallet you can then accept and disperse cryptocurrency according to your needs. Popular cryptocurrency wallets include Blockchain and Coinbase.
Buying Cryptocurrency with and without using PayPal or Credit Card or Bank Account
Your wallet really isn’t any good until you can fill it with the digital currency. The next step is to fill your wallet up. To ensure that you aren’t dealing with any fake service provider, choose to use a cryptocurrency exchange that has a big name and excellent reputation attached to it. Once you sign up for an account you will then be required to upload funds to the exchange. Generally, you can do this through PayPal, credit cards, or a bank transfer. All of these methods are considered safe if you choose the right exchange company. If you prefer not to go through financial institutions, there are other options for cryptocurrency to look to. For example, buy cryptocurrency for cash by trading with someone in real life. To find such people who trade in cryptocurrency for cash, a common place to look is at localbitcoins.com .
After you find an individual who will sell the coins to you, all you have to do is provide them with your digital wallet address and you should have the funds in your wallet within 10 minutes after the purchase. It’s that simple!
Why should I buy cryptocurrency?
There are so many reasons why you should buy cryptocurrency but most important reason is; it is easy to start and you can manage to have so many different accounts. And you can be safe from hackers, cyber criminals, and other bad influences because you don’t need to put your personal information anywhere and you won’t need a real name to buy cryptocurrency. Just with a nickname, you can buy all the coins and digital money you need or you want. Other reason you should buy this currency is because since the technology is changing and going forward, it is really important that we can go forward with it too. Millions of users already use it, and its usage is increasing every day, and as always the first ones will get the more advantages, knowledge, and experience in this field.
It is not a safe investment, rather it should probably be seen as a new field of study with a potential to make a huge difference in the future. A lot of people believe that CryptoCurrency such as Bitcoin, Litecoin, Dash etc. can have an enormous impact on society. Not just by changing economics but also by changing bigger concepts such as law, politics, and freedom.
What are the most popular CryptoCurrencies?
• Bitcoin: Bitcoin was started in 2009 by Satoshi Nakamoto, and this is the company who started this all. Bitcoin is the most popular Cryptocurrencies that is accepted widely, and it is also easy to get.
• Litecoin: Litecoin started in 2020 and this cryptocurrency can be mined. You can use this to transact goods and services.
• Monero: Do you care more about privacy and don’t want to be traced easily? Bitcoin is not for you. Monero usage ring signature technology that makes the transaction more secure and untraceable.
• Dash (Digital Cash): Dash Currency is another secure way to transact. It usage anonymization technology. Dash Cryptocurrency is more secure and fast. It was known as DarkCoin, but now they have changed the name to not make people assume its connection with the Dark Web
• Ripple: Ripple is actually a RTGS (Real Time Gross Settlement System), a Currency Exchange and Remittance Network. It is also used by many banks to reduce costs. It’s not very secure if you don’t want to get traced.
• Dogecoin: This cryptocurrency is widely used to give charity or collect the donation. It was initially made as “Joke Currency”, but now has gained much popularity.
• MaidSafeCoin: You can exchange Safecoin for providing resources, like your Storage Space, CPU, Bandwidth etc.. The Process of getting Safecoin and providing resources is called Farming.
• Ethereum: Etherreum is another popular Cryptocurrency that you can trust, but it has recently seen many ups and downs.
Can I transfer cryptocurrency to a bank account or exchange for cash?
Yes, you can absolutely transfer cryptocurrency to your bank account or exchange for cash. There are many fast and safe options out there that are very good at managing both crypto currency and fiat currency such as USD or Yuan. They have the security of a bank, and the flexibility of a crypto currency exchange, so it is very easy to transfer money to your bank account.
KYC or Know Your Customer laws and Loss of Security
In many countries, however, there are restrictions on managing other people’s money and often “know your customer” laws are in place to try to manage money laundering and other criminal activity. Therefore, you have to take into account that the benefits of anonymity that many crypto currencies provide are often forfeited by transferring money directly from your crypto currency account to your bank account.
By giving up your anonymity and disclosing your assets you might be subject to tax laws. This is, of course, different depending on what bank you use or from what country your citizenship originates but generally, it is highly recommended to be very careful about disclosing your assets without consulting a tax attorney.
Safe choices (Buy and Sell Cryptocurrency or Digital Currency for Local Money or Cash)
Coinbase.com: Coinbase is one of the largest exchange with banking services in the US that you can use to buy and sell digital currency. You can connect sell to convert in local money
Kraken.com: Kraken is another option if you want to trade digital currency
Localbitcoins.com: You can also visit LocalBitcoin’s website to buy or sell digital bitcoins for cash
Should my company accept cryptocurrency?
Crypto currency is a modern payment method that has been adopted by an increasing number of companies. However, even if this number is increasing substantially, the truth is that it is rather small in comparison with the total amount of companies from the entire world. A lot of companies are still asking themselves if they should accept crypto currency and if you have a company and you are wondering whether to adopt crypto currency as a payment method, you should know that this is a complex decision that should be carefully analyzed.
Since cryptocurrency has many benefits, it seems fair to begin with all the pros. This way you will be able to learn more about this, and therefore you can take the best decision for your company. Here is the list of the most important pros that should be taken into account:
Pros or Advantages of Crypto Currency
Crypto currency is a safer method of payment, and therefore people won’t have to worry about losing any money, or even worse, they won’t have to fear about identity theft; as a company, any payment that is made is irreversible, and therefore you do not have to worry about charge backs that you can often see from companies like PayPal, Visa or MasterCard.
Early adopters approval
It seems that crypto currency represents the future, and even if there is a long way until it will reach its true potential, it is on the right track; Being an early adopter as a company gives you access to customers who are also early adopters.
You will be able to have clients from different countries, and therefore you will increase your profit. Additionally, it seems that people prefer this method because this way they do not lose money while exchanging currencies.
Low transaction fees
The fee to transfer money both between business to business as well as to and from customers are substantially cheaper than all other online payment methods.
Cons or Disadvantages of Cryptocurrency
As you know, in every situation there are always pros and cons, and therefore you should take a decision only after you have heard both the good and the bad. These are the Disadvantages or the Cons of the CryptoCurrency:
Little investment to manage
Knowledge is required to implement and manage another payment system. It is very easy to start with, but it will require time to manage just like any other payment method. So you may need to hire an expert at the start, and then you can learn gradually. Or you can learn it and then start to get rid of this disadvantage.
It is currently extremely volatile, and even though there are ways to avoid getting impacted by volatility it requires some extra management and time to learn.
Should I invest in Cryptocurrency?
Cryptocurrencies are very useful in the day to day life, as they bring a major alternative to the saturated market of real life currencies, so lots of people from all over the world embrace this new wave. However, these currencies can also be thought of as an investment, so people can get lots of money out of them in the long run if they do it properly.
Before investing in such currencies you need to figure out their value. https://www.coinbase.com/ is the best source for anyone that wants to find the current price for the popular currencies or access the merchants that support cryptocurrency payments.
When it comes to investing in crypto currencies, a good idea is to take it slow, as you don’t want to spend a lot of cash in the beginning. Instead, investigate the market prices for a few days and see how many chances of success you might have. Always remember that all cryptocurrencies don’t have an authority that controls their price, so you can easily encounter market crashes at all times. It’s important to think out of the box and invest in these currencies, of course, but you should always take the downsides into consideration before you start making any type of payment.
After that, you should consider setting up your wallet, as this is where you will store your virtual money. Check reviews and make sure that the wallet you are going to use is secure, as that is crucial. Once you set it up you can easily add funds to it without a problem. You can deposit and withdraw funds at any time from the most virtual wallets, and the payments are done very fast, which is more than refreshing for any user.
If you just want to invest in Bitcoins or Ethereum, then you can check the current price and change on https://www.coindesk.com/price/ , and you can also view lots of relevant information regarding the current price and fluctuations. In addition, here you can also calculate the amount of money you spend of each Bitcoin amount, a feature that is very useful especially for those people that want to invest a lot of money in the long run.
In summary, investing in cryptocurrency is a bold move. But, one that can bring numerous profits and benefits in the long run is also risky. There are risks involved in all this, as we stated above, but in the end without risking you won’t be able to get the highest profit margin.
What are Smart Contracts?
As crypto currency and bitcoin has become more common and are being used more and more throughout the world many companies are developing new technologies that can be used with currency networks like Bitcoin.How do Smart Contracts work?
So what exactly are Smart Contracts and how do they work? Think of them like a contract that is verified by computer instead of by a person or organization. A smart contract allows for information like the conditions and outcomes of legally binding agreements to be encoded into a computer program such as Bitcoin. This allows for programs to get rid of the middleman that is there to ensure that those legal contracts and agreements are being fulfilled as the encoding will do that for the program. The way Smart Contracts work within Bitcoin is that they allow for the transfer of assets with an encoded signature. Many programs especially Bitcoin are finding that this helps to increase the speed and efficiency of their transactions and it also adds another layer of security and trust when it comes to the execution of the contract and agreements.
What makes them different from normal contracts?
Smart Contracts that are associated with Bitcoin are contracts that are associated with funds. What makes them different is that they are verified through the network and the program rather than by an authority. When transactions occur that use Smart Contracts the funds are paid as set forth in the agreement. For example, if you are a Bitcoin user and have a smart contract that says when transactions are made funds will be paid to your account and then distributed as stated in the smart contract. If you have contracts that need to be paid the money from your transaction will be distributed to that payment first and then to others as needed. Smart Contracts allow for users to set forth a contract and have it automatically fulfilled by a reliable system that can keep track of contracts. The difference is that Smart Contracts takes away the middle man, therefore also the human error.
What can Smart Contracts do?
Smart Contracts distribute and execute contracts through multiple networks, Bitcoin can be classified as one of these networks. Users of Bitcoin can use a single smart contract to interact with other services like PayPal, Google, and EBay which allows for them to use it to efficiently, quickly, and safely make transactions with multiple programs. The reason Bitcoin and Smart Contracts are taking off is that it is allowing for crypto currency to be more efficient and it also provides an efficient legal system throughout the Bitcoin network.
Smart Contracts allow for Bitcoin users to develop contracts for the trading of major assets across the global trading exchange. This allows for contracts to be made quickly and efficiently and they are enforced through the encoding rather than by a third party. This allows for global trading and investments to be conducted quickly and safely.
10 Best Cryptocurrency To Invest IN Right Now [April 2020]
Anthony Pompliano, Founder & Partner at Morgan Creek Digital says “History will be unkind to those who knew about Bitcoin early and did nothing.”
And I second with him.
I would also like to add that ‘history will be unkind for those who aren’t willing to adapt and embrace cryptocurrencies and blockchain technology in general.’
I don’t mean this only in the investing realm but overall in a holistic way.
But when you have the investment opportunity in this technology which can be the future of digital currency, why not do so?
Many of you couldn’t participate in the internet boom of the 90s, so why not now? When you have the opportunity knocking at your door.
Of, course, I am not here to persuade anyone, but I want to share my thinking and tell you which are the best cryptocurrency to invest in 2020!!
But when you have the opportunity to invest in this technology, why not do so?
If you are one of those you ask your friends who are trading in cryptocurrencies ‘What Cryptocurrencies to Invest in 2020?’
You are in the right place !!
|“> Cryptocurrencies To invest In 2020||“> Quick Buy Links|
|“> Bitcoin||“> Buy BTC Now|
|“> Etherum||“> Buy ETH Now|
|“> Tezos||“> Buy XTZ Now|
|“> Litecoin||“> Buy LTC Now|
|“> Binance Coin||“> Buy BNB Now|
|“> Monero||“> Buy XMR Now|
|“> Nexo||“> Buy Nexo Now|
|“> Cardano||“> Buy ADA Now|
|“> VeChain||“> Buy VET Now|
|“> Bancor||“> Buy BNT Now|
Best Cryptocurrency To Buy Right Now In 2020
Here’s a list of Top 10 Best Cryptocurrencies to Invest in right now in 2020:
#1. Bitcoin (BTC)
First thing first:
Don’t ignore Bitcoin.
Buying Bitcoin is undoubtedly the best long-term investment in the cryptocurrency market capitalization to make in 2020. The Bitcoin price is more reasonable now, and there are very few bitcoins left to be bought.
Everything said and done, Bitcoin is still one of the most secure cryptocurrencies to invest in, and the whole cryptocurrencies market capitalization moves in its parallel. Consider it as the investment in the digital currency of future years or decades.
Furthermore, Bitcoin’s technical competence with Segwit, Schnorr signatures, MAST, MimbleWimble, Bulletproofs, Confidential Transactions, Sidechains, Drivechains, Lightning Network is growing each day making it further hard for any other cryptocurrency to catch up.
Buying Bitcoin from any popular Cryptocurrency exchange platform like Coinbase is easy and to store your Bitcoin safely a wide range of Web as well as hardware wallets for Bitcoin are available. So I don’t see any reason for not having Bitcoin in anyone’s portfolio, and it can be as high as 40-50% of the total portfolio.
Now, I know you must be getting itchy to know the next crypto in the list of best cryptocurrencies to invest in 2020 and its Litecoin.
#2. Ethereum (ETH)
I have always been bullish on Ethereum crypto, but recently its scaling problems have become a big open secret to the world.
But we shouldn’t forget that Ethereum goal is also very ambitions ‘to be the world’s computer’ and that’s why it is quite OK to expect such glitches in between.
Another thing to note with Ethereum is that the world is building on it and it has the most prominent developer’s pool in the world.
Plus Ethereum is a pioneer in the realm of decentralized applications and smart contracts which is a massive factor in itself.
However, I am not ignorant of the fact that Ethereum is very much behind in its schedule and is facing severe scaling as well as governance problems, but I think it will bounce back smoothly
Right now the prices have taken a rock bottom, and it is looking quite attractive for a long-term crypto portfolio or trading.
Disclosure: I hold 10 % Ethereum in my wallet and now after my top 5 cryptocurrencies to invest in 2020, I will share the next five. Also, don’t forget to check out some of the best Ethereum wallets that you can use to store your ethereum safely.
#3. Litecoin (LTC)
Litecoin, the open-source and decentralized fork of Bitcoin, created by Charlie Lee is among my second best favorite cryptocurrencies to HODL.
Litecoin was created to complement Bitcoin as silver to Bitcoin’s gold, and so far it has succeeded in that by being in the list of top 10 cryptocurrencies since 2020.
Also, Litecoin crypto has served as a testbed for Bitcoin by pioneering the implementation of segwit, atomic swaps, and lightning on its mainnet.
Plus Litecoin has sole payments usecase for which it is being used in a decent volume of trading. I n this slow market also y ou will find on an average Litecoin is processing 25k transactions each day.
More work is being done on the scaling and privacy side by Litecoin Foundation which is committed to pushing forward the narrative of #PayWithLitecoin
I have 10-15% crypto portfolio in Litecoin and will continue to accumulate in 2020 if the market capitalization falls even below what it is now, because, the last time LTC when from $4 to $370 in a matter of 7 months.
#4. Binance Coin (BNB)
Binance, also known as Binance coin (BNB) is the native cryptocurrency of Binance exchange.
Binance own crypto-based coin was launched in August 2020 with the launch of its exchange to facilitate trading transaction fee waivers to Binance exchange users.
But now Binance is expanding its reach rapidly and is about to launch its own Binance Chain as well as Binance DEX where this BNB coin will find more utility.
Plus Binance coin indirectly benefits its users because every quarter they use 20% of their profits to buy back BNB coins and destroy them to create digital scarcity to reward BNB crypto holders. And this will go until they eventually buy 50% of all the BNB (100M) back.
This an excellent way to reward its coins holders and further with Binance Chain and Binance DEX, BNB will have more utility as well as liquidity which will eventually result in a price spike in 2020 and beyond.
#5. Tezos (XTZ)
Tezos’ is an Ethereum competitor who had a very shaky beginning even after raising $232 million in its ICO.
But now Tezos has launched its mainnet and is preparing to be the next dominant platform for decentralized applications and smart contracts.
Tezos is a blockchain that can evolve by upgrading itself. Stakeholders vote on amendments to the protocol, including amendments to the digital voting procedure itself, to reach a social consensus on proposals. Tezos supports smart contracts and offers a platform to build digital decentralized applications.
Lastly, in July 2020, Cameron and Tyler Winklevoss have quietly added Tezos cryptocurrency (XTZ) in their Winklevoss Capital (portfolio companies) which is a very bullish signal in itself. Also, don’t forget to check out some of the best Tezos wallets that you can use to store your XTZ safely.
#6. Monero (XRM)
Looking for something private transactions and anonymous in your crypto portfolio?
Well, Monero is for you.
Monero is an open-source and decentralized cryptocurrency popular among people who value their digital privacy and security.
Monero is highly private, and that gives it a usecase. And interestingly Monero is also predominantly used in transactions in deep web and is impossible to be traced.
However, let me also point out that privacy is something that is a continuous process and even Monero earlier this year leaked out some of the transaction information but as suggested by its lead developer Riccardo that ‘there is no easy solution.’
But Monero is working on exciting techniques known as Ring signatures, RingCT, Kovri, and Stealth address to improve its transactions and privacy mandate, that’s why it is a more strong contender than Zcash when it comes to investing.
Plus, Monero has its inflation rate much lower than Zcash which is another good reason to have atleast 3-5% Monero in your portfolio. Also, don’t forget to check out some of the list of top Monero wallets that you can use to store your XMR safely.
#7. NEXO (NEXO)
Nexo – The world’s first instant crypto-backed loans is powered by Credissimo – a leading European FinTech group having a track record of 10 years.
So if you are someone who isn’t willing to part away with its cryptocurrencies in this bear crypto market and still wants equity for it, you can use Nexo.
Nexo loans are instantly issued when you collateralize your cryptocurrencies. As of now, Nexo supports 200+ jurisdictions and 40+ popular coins and gives real dividends to Nexo token holders which are even more than S&P500 companies.
So if you are looking for a blockchain project that is working and generating profits for its stakeholders, Nexo is the one you should look at this time.
#8. Cardano (ADA)
Cardano is the third generation blockchain platform for developing decentralized applications and smart contracts.
It is also an open-source and decentralized platform like Ethereum but is being built on a higher promise of being scalable, governable and inter-operable.
Also, before developing Cardano, its paper has been thoroughly peer-reviewed and is solely based on high-quality academic research.
If you’re looking for long-term investing, Cardano coin can be a really good fit for your cryptocurrencies portfolio. Cardano has a very long roadmap that doesn’t seem to reach completion in a few months but the blockchain is live.
Next Cardano has a new smart contract language which will take some time to get traction from developers.
So because of this Cardano is a long-term investment but I certainly believe it is going to be a fierce competitor for Ethereum and another smart contract platform. Also, don’t forget to check out some of the popular Cardano wallets from our recommended list that you can use to store your XMR safely.
#9. VeChain (VET)
Vechain is a new enterprise-level blockchain solution provider aiming to leverage blockchain technology to build a trust-free and distributed business ecosystem, which is self-circulating and scalable.
Earlier in 2020, they were focused on becoming a supply chain management blockchain harnessing IoT based technology, but later they expanded their vision.
So far they have successfully implemented blockchain technology solutions across various industries such as luxury goods, liquor, and agriculture.
And do not take me wrong because these use-cases go beyond the Proof-of-Concept level and have already been launched on the market globally.
VeChain recently rebranded to VeChain Thor with its new vision and now has its own blockchain which is being developed for future scalability.
#10. Bancor (BNT)
A lot you might not agree with me as I am putting Bancor here, but Bancor’s liquidity network is worth talking about in this highly illiquid market capitalization, especially when security tokens are out.
Bancor is the world’s first decentralized liquidity network redesigning the way people create and share value by ensuring continuous on-chain liquidity between blockchain-based assets.
And the good thing about Bancor protocol is that you can get liquidity for almost any token which is a rarity in the cryptosphere.
And it has its native BNT token that helps keep a reserve and provide liquidity, so in my opinion, it is a gem to have in your portfolio.
Cryptocurrency investment (decentralized, open-source ones) doesn’t depend on your country or geography, so it doesn’t matter where you are!! So feel free to invest in these cryptocurrencies from the UK, US, Australia or India.
Lastly, when you are investing in cryptocurrencies from time to time, you should have good wallets to keep your funds safe. That’s why here I have listed only those cryptocurrencies that have decent wallets to hold these cryptocurrencies.
PS: I have Ledger Nano S and Trezor to safeguard my most of cryptocurrencies. [Enjoying right now Ledger Nano X as it is much superior to both of these wallets, read my review of Ledger Nano X here. ]
So that’s all from my side today, and now you tell us which ones are your favorite or which cryptos are you picking for 2020?
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