Top 10 cryptocurrencies to invest in 2022

Top 10 Cryptocurrencies To Invest In In 2022.

Cryptocurrencies have experienced a dramatic rise in value over the last 12 months, reaching new all-time highs at an average rate of 20% per month… but… this meteoric rise has been followed by a spectacular implosion in value, with the average cryptocurrency losing 90% of its value in the last 3 months. So, how should you position yourself for the coming storm? but first lets discus what is Cryptocurrency is for those who don’t know the meaning of it.

What is Cryptocurrency?

Cryptocurrencies are digital assets that are created and issued by a decentralized network of individuals (miners) who solve complex computational problems. These problems are attached to the transactions that take place on the cryptocurrency network. The miners who successfully attach their transactions to the block of solved problems are rewarded with new coins.

When you take a look at the best investment opportunities that exist out there, you will figure out that cryptocurrencies hold a prominent place. It is a perfect method to invest your money and earn amazing profits within a short period. However, you need to make sure that you are investing your money in the best cryptocurrencies that exist out there as of now.

Now that the meaning is out of the way, On this blog, we are going to share with you the 10 most promising cryptocurrencies to invest in in the next five years. These coins are expected to have the greatest potential for price appreciation in 2022.

Here are some of the most prominent cryptocurrencies where you can invest your money as of now.

–              Bitcoin

Bitcoin

Bitcoin has been able to retain its dominance among cryptocurrencies throughout the past few years. We can expect that to happen in 2021 as well. As of now, the value of Bitcoin has reached its peak. We can expect to go even high up in the upcoming years as well. Bitcoin is the kind of cryptocurrency and there is no need to worry about anything when you are investing your money in it. it is true that Bitcoin value fell down back in March 2020 along with the COVID-19 pandemic. Within a year, it was able to increase its price to almost 60 times of that value. Even though the Bitcoin price seems so high as of now, there is no need to think twice before you invest on it. That’s because the price of Bitcoin would further increase in the future, and you will never lose your money.

–              Ethereum

Ethereum Coin

Ethereum is the second most popular cryptocurrency available as of now. It has been able to remain strong since the year 2015. We could see some changes in the Ethereum prices during March 2020 due to the coronavirus pandemic, but it could bounce back strong. Hence, you can keep your trust in Ethereum and proceed with investing your money in this cryptocurrency. Ethereum is a unique cryptocurrency to invest your money on. For example, Ethereum is based upon the concept of smart contracts. You will be able to keep the uniqueness of Ethereum in mind and proceed with grabbing the most out of it. It is the second most valued cryptocurrency available as of now. The best thing about Ethereum is that it has now reached its all time peak value, which delivers a solid future for it in the future.

–              Tether Tether Coin

Tether, which is commonly known as USDT is another great option available for you to invest your money on. The initial name of Tether was Realcoin. This cryptocurrency was launched back in the year 2014. This is one of the very first cryptocurrencies to peg the United States Dollar as well. The uniqueness of Tether was that it is a blockchain based cryptocurrency, which is backed up with an equivalent amount of flat current, which is stored in a bank account. It can be USD, Euro, or even JPY. Due to the same reason, you can think about calling Tether as a stable cryptocurrency available out there to consider as of now. It is also providing much-needed assistance to keep the cryptocurrency prices stable, regardless of all the fluctuations that are taking place in the other cryptocurrencies out there.

–              Litecoin

Litecoin

Litecoin might not be the most exciting cryptocurrency to invest in as of now. However, this cryptocurrency is backed up with a massive market capitalization and strong growth. Hence, it is worthy to invest your money in Litecoin as well. Even though the price of Litecoin is under $200 as of now, we can expect it to reach up to $600 by the end of 2022.

–              Bitcoin Cash

Bitcoin Cash

Bitcoin Cash was initially launched back in the year 2017. The currency was created within the scalable branch of Bitcoin. As of now, it is the sixth strongest cryptocurrency available as of now. You can expect Bitcoin Cash to grow by 500% within the next five years.

–              Ripple

Ripple Coin

Ripple is another cryptocurrency associated with strong growth. It is the fourth largest cryptocurrency that you can find out there as of now. We can expect the price of Ripple to go up all of a sudden. Hence, it is worthy to start spending your money on Ripple as soon as possible.

Best cryptocurrency exchanges to proceed with your investments:

Having understood the best cryptocurrencies to invest in, you should also get to know about the best cryptocurrency exchanges available out there to invest your money as well. Here are some of the most popular cryptocurrency exchanges as of now.

–              CoinMama

CoinMama Landing Page

CoinMama is a popular cryptocurrency exchange platform, which allows any person to buy Ether or Bitcoin with a credit card. You can also transfer money via MoneyGram and purchase the cryptocurrencies you want. It has a simple and straightforward interface.

–              Cardano

Cardano or ADA is a popular cryptocurrency that you can find as of now, which has been able to receive lots of positive attention because of its rapid price hike during the recent past. This cryptocurrency is backed up with an open source project. You will be able to find how Cardano is holding a massive market cap, which is equivalent to 40.4 billion dollars as of now.

–              Bitstamp

Bitstamp Bitcoin exchange platform was discovered back in the year 2011. It is among the first generation Bitcoin exchanges. You can use this to buy numerous cryptocurrencies as of now. It has low transaction fees and available to people all around the world.

–              Poloniex

Poloniex is one of the leading cryptocurrency exchanges you can find out there as of now. It is providing you the opportunity to purchase from more than 100 different cryptocurrencies. You can buy Bitcoin or any other cryptocurrency faster through the user-friendly interface of Poloniex.

Final words

Cryptocurrencies have experienced unprecedented growth over the last few years. These alternative digital currencies offer investors a potentially limitless pool of liquidity and freedom from centralized financial intermediaries. Some analysts believe that cryptocurrencies are here to stay and will emerge as one of the primary forms of global currency. Others claim that the decentralized, unregulated nature of cryptocurrencies make them highly vulnerable to a systemic breakdown. Whichever the case, the volatility of the cryptocurrency market makes it a daunting prospect for any investor who is not prepared.

Make sure that you learn more about the cryptocurrency that you are planning to invest on and proceed with the investment. This will help you to secure outstanding results.

 

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