Investing in BCH and other projects with no regrets
The Advent Crytocurrency has truly changed the world and is moving the world from a system of payment using fiat currency to the use of DAO and other cryto platforms. Crypto currency has equipped some many with monetary power and has turned peanuts into millions. But with all its advantages comes so many more disadvantages. Scammers and cyber thieves are using this medium to defraud people of heir hard earned wealth with the creation of many cryptos by the day and proclaiming or hyping them to the good coins.
Like I have said so many people have become wealthy through Crytocurrency. I can vividly remember the times of introduction of certain pioneer coins such as Bitcoin, Ethereum and the likes and then the era of shitty coins which gives their holders over 1000% profits as the case maybe. Now the cryptoverse is currently in the stage of NFTs and people are taking advantage of this to increase their profit intake. But going back to the issue of fraud in the Crypto space, it will definitely be unwise to invest into any coin with out proper research. I will list some Crytocurrency that I think is worth investing in.
BCH: This is the Bitcoin cash. It is based on the Bitcoin blockchains and uses it use-issue to flourish. BCH was issued and listed into the Crypto market on July 23, 2017 with a starting price of $413 and reached as high as $2806 before dropping again due to the drop in Bitcoin which affected almost all other coins. This is one the crypto coins worth investing in as it is projected that the price should hit over $1500 at the end of the year and over $3750 by 2026. So take advantage of this info and bag some BCH.
Alt coins. The purchase of some altcoins are without doubt amazingly profitable. To know which altcoins to buy, DYOR by checking the road map of the coin, the chart over a long period of time, the market cap and volume locked and in circulation. If 15% or below is in circulation or in the wallet of their holders, that is definitely a red flag. Do not buy it! If the market cap is lower than 20,000, then run for your dear money๐ Also do not FOMO (Fear of losing out) because of the hyping of a coin. It happened during the Squip coin, Diemlibre and so on. Make sure to do your research before investing in any coin. But when you do your research well, you may end up purchasing a good coin like saitama (which is currently low giving it a good time to stuff your bags), SHIB, PAWS, etc.
Stable coins. These are tokens that doesn't really depreciate or appreciate in value instead they are used to maintain the original value of you money. They can be used for purchasing other coins or be still swapped to other coins. Some these coins are TWT (Trust Wallet Token), BUSD, USDT, USDC (used mostly on the Solana blockchain), and so on.
Please note all the above is not a financial advise, so I'd repeat do your own research (DYOR)
Free Money and crypto sites
You can also earn free crytpto using various platforms and sites such as:
Read.cash (https://read.cash/@Danika/singing-vampires-b1edb8ee)
Noise.cash
Memo.cash
Coingig
Faucets
Gamedefi
Listing NFTs
Crypto casino
Stacking and farming
Overall, the cryptoverse provides more opportunities for people to take advantage of and make some money for themselves. For example, you can earn crypto by writing on read.cash and noise.cash. you can also make money while doing what you love, playing games. Artists too can now list their amazing designs and earn insane amount of money for it.
Hence, find that which fits you the most and start earning today.
Thanks for reading this article. Please, don't forget to hit the ๐ button. See you soon.
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