The major interest of cryptocurrency is the speculation of profiting from changes in investments. Thus, knowing the virtual currency in which to make an investment would be very advantageous for you. You want to learn more about which cryptocurrency to invest in and reap more benefits from it. This guide is for you. Bitcoin: the crypto elite
Considered the best digital store of value, Bitcoin is the cryptocurrency whose exchange rate is fast growing. Although competition has grown, Bitcoin remains the elite of the digital market due to its market capitalization.
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Note that the price of this cryptocurrency is 56,559 euros. What makes it digital gold and consequently: a store of value. If you want to buy Bitcoin, you need to subscribe on a cryptocurrency platform.
Be aware that the choice of broker will have to be made according to the rates and cryptocurrencies available. Added to this, the possibility of having payment cards, leverages, CFDs and many others.
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In addition, remember that 30 to 50% of your wallet invested in virtual currency, can be invested in Bitcoin. Know that the reason for this high rate, is due to the great possibility of success of Bitcoin over time. Ethereum (ETH)
ETH is the second virtual currency to invest in, especially for its market capitalization. Be aware that among the many reasons why you need to invest in ETH are:
- The EIP-1559 update, which introduces basic transaction fees, automatically adjusted
- More efficient grid, lower power consumption for mining, higher rewards
- Generous staking programs.
In addition, be aware that currently, the Ethereum blockchain hosts the entire share of smart contracts. Note that these embody one of the fundamental features of this cryptocurrency, having infinite applications. Thus, with a smart contract project like AirBnb, you can make seasonal rentals without going through an intermediary.
Finally, note that, Ether now has the qualification of promising currency. In addition, you are able to have up to 30 or even 40% of it in your digital asset portfolio. Le Ripple
With the symbol of the XRP sign, Ripple is the virtual currency renowned for its 100 times more efficient technology. In addition, the latter is less expensive than the tools used by financial institutions.
Although Ripple is subject to lawsuits from central bodies, note that many financial institutions make use of it. And this, in particular to increase the processing of their flows while reducing the rates for their customers.
Finally, many cryptocurrency professionals consider XRP to be a real revolution. And because of this, you can have almost 5 to 10% in your wallet. The BNB
The BNB is the Binance coin which is the token of the Binance platform. Note that this cryptocurrency is the third behind Eth and Btc in terms of capitalization. Indeed, its price has increased from 24 euros to more than 400 euros in one year.
Be aware that the growth of the price of the BNB, is based on the number of users of the platform. In addition, its price remains scalable and is one of the best choices in terms of investment in cryptocurrency.
In addition, the latter is the one regularly used on DEFI platforms as a currency of exchange or transaction. If you want to get gains in BNB, you can stack cryptocurrencies. Apart from that, you are able to dispose of it by participating in liquidity pools through Binance’s platform. In terms of portfolio, you can have almost 5-10% of it. USDT or EurT: stablecoins
If you want an evolution in the world of cryptocurrency, opt for an investment in stablecoins. Thus, you have the advantage of making transfers of your assets without returning to the euro.
Be aware that stablecoins, constitute the set of virtual currencies that can replicate one for one the value of a classic fiat currency.
