Top Five Cryptocurrencies To Invest Into @2022 . I won't repeat this again.This is your chance.(NFA)
TOP 5 CRYTPOCURRENCIES TO INVEST IN
Today, many people have become millionaires and multi-millionaires due to their decision to invest in cryptocurrency. There is an estimated 20,000 people who became millionaires by investing in bitcoin. Before we dive into the top 5(five) cryptocurrencies to in, let us begin with a word of advice for all investors. In the world of cryptocurrency the term time is money is more than literal. Patience is a key factor when making any investment. Due to impatience some people tossed bitcoin which are worth a fortune today into the trash without batting an eye. They live to regret it today. So I entreat you all to be patient with your investment, you don't go to the gym early in the morning looking like a stick and expect to look like Brock Lesnar that evening. Great things take time. With that said let's jump into our topic for the day. 👇🏾👇🏾
1.BITCOIN
I'm pretty sure you're not surprised that bitcoin is number one on the list. With it's high liquidity and consistent rise over the years, you don't need a rocket scientist to tell you it's a good investment. When investing into a cryptocurrency it's important to take into consideration but how consistently it rises.
Although it is a matter of fact that there's no cryptocurrency that 100 percent rises consistently, there's those that are more consistent and thus more convenient. Bitcoin is a notable example. Bitcoin was worth ZERO dollars in 2009 when it was launched. Then in 2010 it moved from being free to costing 0.08 USD per coin. In 2011 it was worth 0. 30 USD, then in 2012 it made a giant leap to 5.27 USD and the rest is history. If you had bought 15,000 USD worth of bitcoin in 2003 it'd be worth about1,329,000 USD today. In case you're thinking to yourself, "what's the point?, it's too late" or "I already missed the opportunity", well let me stop you there, you may be wrong, though you may have missed the best time to invest there's still a door of opportunity as analysts predict bitcoin to be worth whooping 500,000 USD by 2030 that's about a 1000 percent increase. Below is the price of bitcoin on every January since it was launched.
YEAR PRICE IN USD
2009. 0
2010 0.08
2011 0.30
2012 5.27
2013 13.30
2014 770.44
2015 313.92
2016 434.46
2017 997.67
2018 13,412
2019 3,869.47
2020 7,188.46
2021 29,391.78
As you can see it only gets better with a few downs though. Grab some cash and smash it on some bitcoin you'll be clapping for yourself in no time.
2.LITECOIN
Litecoin is well known for its super fast transactions, boasting an impressive 56 transactions per second. Making it 8 times faster than bitcoin which is at 8 transactions per second. Apart from being super fast it's also widely accepted, Litecoin is accepted worldwide in about 3000 businesses.
Litecoin is mostly considered a twin of bitcoin. Though the cryptocurrency lagged for sometime, it is nothing out of the blue as even bitcoin, the lead cryptocurrency lags sometimes. In January 2019 bitcoin fell by a heartbreaking 346 percent and investors who gave up their coins slap themselves in regret today. An investment of 15,000 USD in Litecoin as at 2013 it would have yielded a whooping 660,000 USD today. Once again it's not too late as analysts predict a 465 percent rise in its value by 2025.Opportunity doesn't come once it comes knocking everyday you just have to let it in. Invest today and you will love what your mirror tells you tomorrow.
3.ETHEREUM
If you had invested 10,000 USD in ethereum back in January, you'd have over 44,700 USD as of August 28th. Yeah! That's right!
Ethereum is the second largest cryptocurrency by volume. It is a much safer choice for new investors. The Ethereum platform supports ether in addition to a network of decentralized Apps. Ethereum has been doing well as a cryptocurrency and is only second to bitcoin. A cryptocurrency research firm by name Crypto Research Report predict that ETH would reach 7000 USD by 2025.That's over a 100 percent increase.
for those of you who are probably thinking, "dude, you already spoke of bitcoin", bitcoin and bitcoin cash are two separate and totally independent cryptocurrencies. Unlike bitcoin which has been in existence for close to 13 years, bitcoin cash has only been around for a little more than 3 years now. Bitcoin and bitcoin cash also vary in value. Bitcoin cash is valued at about 627 USD at the time of writing, this is quite impressive for a cryptocurrency younger than half a decade. Bitcoin cash was launched in August 1 2017.It was created to have a larger block size than bitcoin to enable more transactions in each single block. More like an update to bitcoin. The cryptocurrency looks promising as analysts predict it to hit 1,700 USD by 2028.Don't miss the train you may have missed bitcoin, well don't miss bitcoin's reincarnation. You'll be smiling to yourself in a fee years to come.
Cardano is a digital asset which promises a long term yield.
The market capitalization if Cardamom has grown to over 66 billion US dollars, however more projects are still in infancy and will take a few years to take off. Some these infant projects include ,the digital arts marketplace ,a crypto trading platform, an NFT marketplace and a platform for trading stocks and real life assets.
The NFT market place is already active and has already amassed over 1 million USD in trading volume. The network offers numerous benefits to its users. At the moment Cardamom does appear to be a HIGH-RISK investment. It is relatively new and does not have the same track record as other successful Crypto. However it has several promising projects which will most definitely pay off soon. Currently, one ADA is worth 1.7 USD, which is quite impressive as compared to other older cryptocurrencies such as dogecoin which are still yet to reach the one dollar mark. So it had a good start off. Analysts predict Cardano will increase by 8000 percent by 2025.Invest now! That Lambo could be yours.
There are many other cryptocurrencies you can invest in, but whatever you do,be sure to take calculated risks in investing.
That's all folks!
