Discover the most promising cryptocurrencies for 2022. We also give you all our tips and tricks to start investing in crypto.
2021 has been a great year for cryptocurrencies, with most cryptocurrencies reaching all-time highs. The total capitalization of the cryptocurrency market now exceeds $3 trillion. Whether you already own cryptos or want to acquire them, you may be wondering which ones to choose? From the best known as Bitcoin (which trades around 50,000 euros) or Ether (around 4,000 euros), to the least established, we tell you which crypto-currencies to buy in 2022. Also find all our advice and answers to the questions you have before investing. Investing in crypto when you’re a beginner: a good idea?
Investing in any financial instrument is always more difficult for beginners. Regarding crypto-currencies, there are 13,000 listed by market capitalization. Suffice to say that it is not easy to know in which crypto to invest to make a profit…
Our advice: start small and invest in cryptos that are in the top 10, top 20 maximum. There are several cryptocurrencies with low cost but high potential. Keep in mind that you may need to keep your coins encrypted for several years in order to achieve your profit goals. When is the best time to sell your cryptos?
Make sure you always have an exit plan for your crypto wallet:
- Document the purchase price of the crypto: write down all the details, the number of tokens you bought, the amount you paid, etc.
- Decide on the selling price: Generally, crypto investors sell part of their portfolio in order to recoup their investment and let the rest grow.
- Plan for declines: Decide in advance at what price you want to buy back cryptos. It is better to wait for the declines, which always come.
- Invest your profits: use the gains from your investments to expand your cryptocurrency portfolio. Thus, you do not risk losing your starting capital.
Where to trade your cryptos?
There are several platforms for buying and selling cryptos. The best known and best are:
What are the most promising cryptocurrencies in 2022?
Investing in crypto presents a risk to your capital. Here we present crypto-currencies that have a good chance of continuing or starting their momentum in 2022. However, no one can predict how a crypto will evolve. Be vigilant.
Bitcoin: the first cryptocurrency
Bitcoin is no longer presented. Created in 2009, it is the first cryptocurrency to see the light of day. It is also the most secure and benefits from the largest capitalization. The crypto queen reached its all-time high in October 2021, trading around 60,000 euros. The year 2022 should continue to smile at Bitcoin.
Ethereum: the programmable blockchain
Ethereum is the second most valued blockchain, behind bitcoin. Regarding uses, it is the most used crypto for transactions. This cryptocurrency is part of an upward trend of 532% in 2021. It reached its highest level (4,158 euros) in November. With its version 2.0, Ethereum adopts a greener mode of governance. Ethereum should continue its good momentum.
Tether can act as a safe haven in the event of a bear market in 2022. It is indeed a stablecoin created in 2014 that replicates the value of the dollar. Its value is always close to $1.
Solana: Ethereum’s main rival
Solana is a crypto project launched in 2020 and whose objective is to enable the creation of decentralized applications. It is a direct competitor of Ethereum allowing to process more than 50,000 transactions per second. The price of this crypto has increased by more than 11,900% since January 1, 2021. It may therefore be wise to integrate Solana to diversify an investment portfolio in crypto-currencies.
Cardano: the third largest crypto in the world
With a market capitalization of $55 billion, just behind Solana, we find Cardano (ADA). This crypto has experienced a meteoric rise in 2021. The token went from $0.20 in January to $3 in early September, becoming the third largest cryptocurrency in the world.
To not miss any of our news, subscribe to our newsletter!