Home » Should You Invest in Cryptocurrency Today?
Expert Take

Should You Invest in Cryptocurrency Today?

Disclaimer: The textual content under is a press launch that was not written by Cryptonews.com.

For those who’re a crypto buff, it’s essential to have observed that each one cryptocurrencies have suffered an enormous blow in March this 12 months. Nevertheless, Bitcoin’s volatility has been on the low for nearly two years now. The world’s hottest cryptocurrency remains to be looking for stable floor to face on.

Regardless that the crypto market is thought for its unstable nature, this latest interval has been unusually calm, particularly when Bitcoin is anxious. Sadly, we are able to’t predict if issues will choose up quickly or whether or not BTC will hit a brand new low. For the sake of everybody who has invested in and purchased this digital coin, we hope that the state of affairs will change for the higher.

Given the present state of affairs, you may need to wait a bit before you purchase Bitcoin. Nevertheless, in case you’re set on investing in crypto, there are some altcoins which were performing nicely these days. For extra each day updates, information, and crypto guides, go to Learncrypto — a platform the place you’ll be able to acquire in-depth data relating to numerous cryptocurrencies and learn to put money into them.

The next are some crypto options which might be far more worthwhile than Bitcoin for the time being.

Ethereum (ETH)

Presently, Ethereum is the second-largest cryptocurrency on the planet. If we evaluate it to BTC, we are able to discover that it’s much more secure — there haven’t been any vital oscillations in its worth. If this stability stays unchanged, Ethereum can be a wonderful choice to put money into.

Word that this digital forex makes use of superior blockchain expertise, which permits its customers to make their very own cryptocurrencies.

Ripple (RXP)

For those who evaluate Ripple’s worth to that of BTC or ETH, you’ll instantly discover that the distinction is big. Nonetheless, though RXP has a lower cost, it has been fairly regular for some time now.

As was the case with all different cryptocurrencies, Ripple’s worth dropped in 2018. However RXP has managed to recuperate — it’s the third-largest cryptocurrency by market cap, which was round $35 billion in Could 2018.

Ripple’s recognition has grown as a result of, other than being a digital forex, it additionally works as a dependable fee choice you should use to make worldwide funds.

Litecoin (LTC)

If we check out Bitcoin and Litecoin worth charts, we’ll discover some similarities — their costs rose at the start of 2018 after which dropped on the finish of the 12 months. Nevertheless, there’s a purpose why Litecoin at the moment has a extra stable worth chart than BTC. This crypto coin is fashionable as a result of it’s 4 occasions quicker than Bitcoin.


EOS is a digital coin just like Ethereum. It’s a cryptocurrency that has been on our radar for fairly a while. Aside from permitting customers to develop good contracts, it performs fully free transactions.

Whereas we did discover some evident worth swings within the final couple of years, the state of affairs seems to be secure for the time being, which makes EOS a superb choice for anybody trying to put money into crypto this 12 months.

For those who’re new to the world of cryptocurrencies, contemplate going by means of some detailed guides to teach your self. After you cowl the fundamentals, get able to do correct analysis — nobody invests in crypto on a whim.

It’s essential to study the ins and outs of this expertise, because it’s by no means a good suggestion to put money into one thing you don’t perceive nicely sufficient. For those who dive proper in and fail to teach your self, you’ll be able to find yourself shedding extra money than you invested, which is one thing you absolutely don’t need to occur.

Credit score: Source link

Spread the love

Related posts

DEX Volumes Receive Automated Market Makers Boost


Kakao Talks up DeFi, Wants to Build ‘Digital Asset Trading Ecosystem’


Crypto Market Loses Almost USD 80bn This Week As Bitcoin Briefly Dips Below USD 10k


Leave a Comment