Five Of The Best Cryptocurrencies To Invest In 2023

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7 months ago

As The Crypto Market Recovers, We Examine Promising Gems To Invest At Bottom Prices

The winning strategy suggests buying before a bull run initiates.

A market like the one cryptocurrency experienced in 2017 and 2021 may reappear, but perhaps we will never experience these rewards again.

The risk is less when we witness innovation, progress, developments, and immense potential.

Thus, we buy in 2023, when crypto is flying under the radar. Possibly (in 2024 or 2025), our investment will grow to a substantial size, with crypto in bubble territory and volumes rising rapidly. The best time to sell is usually when everybody else is buying.

The 2018–2019 bear market was no different from what we witness today.
The market had stagnated, and a revival seemed impossible.

Back in 2018, people were calling me crazy for buying Ethereum at $100 and other severely underpriced projects that made an impact two or three years later.

Every investor is advised to perform their research with due diligence, and not invest more than one can lose.

In no particular order, here are the five cryptocurrencies that present an underpriced opportunity.

1. Hive ($HIVE) at $0.41

Source: Coingecko

Reasons to invest:

  • The Hive platform: The success of Hive as a blockchain is connected to the overwhelming support the Hive platform enjoys. A Metaverse-ready platform empowering writers and supporting financial and gaming DApps, that broke away from the centralization pressures (Justin Sun), forking Steemit and created a better version.

  • Scalability: Account-based with PoS consensus, Hive proves a better alternative to Ethereum, efficiently scaling the blockchain. Hive is a Web3 Blockchain, often overlooked by investors who (in 2021) propelled several untested and centralized Ethereum clones instead.

  • Censorship resistance: Hive promotes decentralization is a feature that generates immense value. The ultimate goal for the freedom of money, and transacting.

The Hive platform keeps growing and seems only one small step shy of achieving a massive network effect.

2. UMA ($UMA) at $1.85

Source: Coingecko

UMA (whitepaper) is an Oracle service guaranteeing the economic stability of smart contracts in a similar approach to Chainlink. Compared to Chainlink’s market cap, UMA presents potential for steady growth.

UMA delivers a trustless Oracle with a “provable honest” design that incentivizes recording verifiable data in and out of blockchains.

Oracles will be the center of attention in a few years as Web3 (or similar technologies) will begin integration into the Metaverses in development.

3. Bitcoin Cash ($BCH) At $120

Source: Coingecko

The May 2023 upgrade ( opens new avenues for Bitcoin Cash, enabling smart contracts on a robust and scalable UTXO-based decentralized blockchain.

Reasons to invest in Bitcoin Cash:

  • Brand name: Bitcoin Cash has an established brand and large backing from market participants, while several institutions have adopted it. The name is known globally, with businesses and institutions selecting Bitcoin Cash as a top option (PayPal, JPMorgan, Interactive Brokers, AMC Theaters, SBI Japan, Rakuten, TAG Heuer, Gucci, and more).

  • Scalability: The feature that makes the difference. A decentralized ecosystem in a journey towards global adoption demands a robust, secure, and scalable network. Bitcoin Cash delivers.

  • Cashtokens Upgrade: Developments in 2023 bring vast innovation as May’s hard fork will enhance smart contracts offering true decentralized economic activity. This upgrade will boost Bitcoin Cash in the coming three to ten years and re-establish it at the top places of the market cap indexes.

  • Price potential: The worst seems to be over. Unless crypto enters the dark ages, Bitcoin Cash should have bottomed already.

4. Horizen ($ZEN) at $10.01

Source: Coingecko

Zen delivers privacy, not by default as other privacy chains (Monero, ZCash), but only when users select they want private transactions.

Operating on hybrid PoS & PoW consensus, Horizen utilizes Zero Knowledge Proofs (ZK-SNARKs) oriented in the privacy of transactions.

The plans for Horizon include EVM-compatible sidechains, with the EON mainnet launch coming soon.

5. Access Protocol ($ACS) at $0.0056

$ACS is a new token launched in 2023 by Access Protocol.

The approach of the project was unique enough to attract the attention of investors and top crypto exchanges.

Here is a quick review of ACS and some of the features of the project:

Teams delivering vast utility to their audience matter, and Access deserves the applause of the cryptocurrency community for building valuable services during the bear market.

In Conclusion

Each investment comes with a risk, with cryptocurrency presenting an extremely volatile space. Thus, we invest money we can afford to lose and avoid activities such as day trading or trading with leverage (which pose a threat to our finance).

Each cryptocurrency described in this list contains different features and an entirely different philosophy. ACS and UMA are tokens, not blockchains. Horizen, Bitcoin Cash, and Hive are blockchain networks but diversify in their consensus protocol.

Decentralization matters for the viability of a cryptocurrency. However, a team or a dev in control raises concerns and increases censorability.

Several tokens act as stocks of a company that controls the project. Usually, PoS is not delivering a viable solution, while PoW networks need backing from big miners as protection from 51%-attacks.

Proponents of any blockchain network can claim a high degree of decentralization for marketing reasons, but sometimes they ignore the vulnerabilities that exist.



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7 months ago


Good selection. By the way, regarding Hive, you can remind the link to your blog. I think you are posting there, and if not - you should, as you will earn more HIVE and Hive power Btw, you can delegate Hive power and earn additional % We need to maximise our crypto-investments and last times Hive brings me more crypto than any other blogs

I.e. I chose to delegate Hive power to leo.voter account and now I'm also getting LEO tokens every day For expanding your crypto blog efforts you can also consider Steemit and Blurt

$ 0.00
7 months ago

Here is my link:

I chose to delegate Hive power to leo.voter

How much Hive should I delegate?

$ 0.00
7 months ago

I'm subscribed to you and good to see your posts are doing well there Well, I checked and you don't have too much Hive power. You need to leave some amount so you could post. So you can't delegate 80 HP Maybe 40-50 -70 Recently I need to posts long and big publication (this one) And so 10 HP was not enough, I bought 50 more Hive (just to be sure)

I hope this was useful

$ 0.00
7 months ago

It seems that Leo changed the platform and made it look like Twitter! lol. Still, the issue is I can't publish there after these changes. Do you have any idea why?

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6 months ago

Not at the moment, will check this later

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6 months ago

Never mind. I figured it out. Thanks.

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6 months ago

Haven't checked ZEN and ACS yet...glad you included Hive too... Still hoping for the best for BCH... Many can't still see its potential.. but I'm still holding them up until now..

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7 months ago

ZEN is an easy choice. ACS is more like a gamble, although I believe it will stop dropping sooner or later. Hive is easy choice too. BCH remains a mystery since price is hovering at $120 for one year. I guess this should be the bottom.

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6 months ago