We have two things to tell you. The first is that not always buying the cheapest cryptocurrencies is the best option. And in a moment we will tell you why.
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And the second thing we want to warn you, is that cryptocurrency trading is not a financial activity for anyone, especially if you are looking for a quiet life, because cryptocurrencies are assets that can increase one minute and dive into the next, and the market can become abruptly cold like the Arctic.
That said, you’re not the first to look for the cheapest cryptocurrencies, this is a tactic that many investors have tried, buying thousands and thousands of tokens for fractions of a penny each. The strategy is simple: keep those cryptocurrencies you bought at a lower value, and sell them when they rise.
But, unfortunately the cheapest cryptocurrency to invest in is rarely the best. Just as penny stocks are fraught with dangers, with low liquidity and sky-high volatility amplifying the risks of losses, altcoins bought at bargain prices should be treated with care.
Instead of asking what is the cheapest cryptocurrency right now, it’s better to focus on which cryptocurrencies have a valid reason to exist, and therefore for you to invest.
Following the rise of ICOs in 2017, the market was flooded with cryptocurrencies trying to ride the crest of the Bitcoin-driven wave. Many of those projects experienced a brief increase in value before collapsing spectacularly, and investors were never able to recoup their profits.
Beyond the issue of the cheapest cryptocurrency in terms of price, there are other ways to look for value. The chance of making a profit can increase substantially if you do your proper research and invest in altcoins that have real potential to attract a user base in the future.
Therefore, today we will see how to find the cheapest cryptocurrencies with the greatest potential, and we will also offer the best advice on how to reduce the costs associated with buying digital assets on Exchanges.
The cheapest cryptocurrencies with a future in relation to their potential
So let’s look at some altcoins, which may not be the cheapest in price relation, but could enjoy safer levels of growth in the coming months, Do you know Mind Capital?, it is something quite interesting and that is talked about a lot lately. B2M
From November 1, 2021 you can already buy the B2M token at market price, after the ICO got a financing of 20 million. B2M is the native token of the Spanish exchange Bit2Me, at the moment you can buy it there or in Bittrex.
If you do not already have a Bit2Me account, you can open it by clicking here.
Do not wait too long because this is the typical Token that in a very short time could be worth more than € 1.
A priori, it seems that it is having a good reception and little by little it seems that it is increasing in value.
The Cardaniers team has already acquired a few thousand B2Ms. WRX
This coin today has a value of $ 0.004079 is the native token of the Wirex app, it is an app that every day is becoming more popular, already has 3.5 million users, has already raised 7.9 million dollars in 5 rounds of financing.
So it is intuited that the WRX cryptocurrency in a short time the WRX cryptocurrency will be able to substantially multiply its value.
The Wirex app is super useful, when opening an account in the app you can request a totally free Mastercard debit card that has the great advantage that you can pay with cryptocurrencies or with 9 fiat currencies (Euro, Dollar, Pound sterling, etc.) in any store in the world or withdraw money in the currency you want at any ATM in the world without any commission, You can also get up to 2% of the value spent in shops in WRX.
I have already acquired almost 150,000 WXT as a long-term investment.
At the moment you can only buy WXT from the Wirex app itself.
You can download the Wirex app by clicking here. Cardano (ADA)
Known as the third-generation cryptocurrency, Cardano’s ADA launched in 2015, and began to increase exponentially, peaking at $1.47 in February 2021. On March 1, 2021 the “Mary” update was implemented, it is expected to reach $2 by the end of 2022.
Buy Cardano on Binance by clicking here (The largest exchange in the world, the easiest to manage and the one with the lowest commission, only 0.1% per trade).
Cardano has successfully moved from the Byron era to shelley’s era and initiated several developments at Voltaire earlier this year. Its Catalyst voting app has recently been published on the Google Play Store, allowing more users easier access to vote for the project’s new initiatives. In addition, your Daedalus wallet has also received a number of performance updates and security improvements.
Cardano’s next Goguen era, which will introduce new features like smart contracts and decentralized applications, is considered one of the most important steps for the project to become a true Ethereum challenger. According to the roadmap, Goguen’s core network is estimated to be operational by the end of March 2022.
Currently, ADA is at $1.21 as of January 21, 2022 and has a market capitalization of US$38,698,029,384. You can see our article buy Cardano if you want to know where to buy this currency and how to do it, I also advise you to take a look at Cardano’s prediction.
Pi Network (Pi)
It is a super interesting new project called Pi Network that is being developed by Stanford doctors, led by DR Nicolas Kokkalis, it is a crypto that you can mine through a mobile app, it is very simple, you just have to install the app and enter your data.
At the moment the value of the Pi cryptocurrency is $0. It is in beta.
If you install the app now and the project has a journey, which is quite likely, you can earn a good amount of money just by having the app installed, you do not need to invest anything.
At the moment everyone can not install it, it is only by invitation, when asked by who has invited you, you have to put:
You can download the app from here.
If the project goes well you will earn a lot of money and if it does not come out then you will not lose anything. Only a useless app installed on your mobile :).
Right now they are giving 0.12 Pi per hour, the first users have a much higher ratio, the longer it takes to enter the less Pi they will give you, that is, they are rewarding those who enter at an early age of the project. Tokocrypto (TKO)
This is a project that has come to light in April 2021 for everyone, you have all the complete info in the Tokocrypto article. Do not stop reading it, it will take you only 2 minutes and it is a cryptocurrency that can really make you rich. BitTorrent (MTB)
Personally, I have made a big bet on this cryptocurrency, I have a portfolio of more than 5 million. By the end of 2022 it will have finished implementing the Bittorrent File System, the first scalable decentralized storage system, apparently at the end of 2022 and the beginning of 2023 the price of this cryptocurrency would have to rise a lot.
Currently (January 21, 2022) it is at $ 0.001195 with which for about € 1,500 you could get 1 million coins. Only 3 months ago it had a value of $ 0.000321. And as of January 21, 2022 the value is $0.003227.
We expect it to continue to rise at this rate throughout the year.