10 Best Cryptocurrency To Invest IN Right Now In (2022)
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.
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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 2022!!
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 2022?’
You are in the right place !!
Note: This isn’t investment advice and TheMoneyMongers Team or the Author is not responsible for any Gain or Losses. Those of you who wish to know the reasons for investing in cryptocurrencies should read this till the end.
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Best Cryptocurrency To Buy Right Now In 2021.
Here’s a list of the Top 10 Best Cryptocurrencies to Invest in right now in 2021:
#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 2012.
Also, बायनेन्स लॉगिन Litecoin crypto has served as a testbed for binânsje t + 1 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 2017 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 prix de la pièce de monnaie 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 2018, 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 đánh giá koinal binance 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 בינאַנסע יו.ס. אָפּציעס טריידינג 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, davids k binance that’s why it is a more strong contender than Zcash when it comes to investing.