The cryptocurrency market is rightly considered one of the most interesting. Despite the serious volatility, investing in virtual money provides high returns, which are significantly higher than any alternative investment options. Therefore, one should not be surprised at the relevance of the question of which cryptocurrencies to invest in for subsequent sale. In this article, we will look at such digital currencies.
The most widely known token. It is the first cryptocurrency developed and introduced to the global financial market. Despite strong fluctuations and multiple drops in the value of the coin, the overall dynamics are positive. Therefore, in the long term, investments not only pay off but also bring very high returns.
The second most popular and capitalized virtual currency in the world. Among the main factors of its success, the following should be noted:
- stable increase in the exchange rate and market share;
- version 2.0 release announced for December 2021;
- the possibility of developing decentralized applications based on Ethereum, which dramatically expands the scope of practical use of the token.
The reason for the development of the token was the desire to make working with the coin more convenient and faster. The processing speed of transactions with Litecoin is about 4 times higher than with BTC. Also, the coin has not yet exhausted its growth prospects and therefore deserves attention as a potentially interesting investment direction.
Over the past year and a half, it has been demonstrating one of the most impressive growth rates. Cardano rightly refers to promising long-term investment options. The emphasis on the creation of decentralized systems and applications should be recognized as an additional and very important advantage of a virtual coin.
The token is one of the most interesting areas for investing. The main reasons for such conclusions are the following:
- a relatively long time of presence on the market, which confirms the competitiveness of the token;
- simple and reliable peer-to-peer network;
- active cooperation and partnerships with several large corporations such as Samsung.
It is an open-source protocol that allows you to follow the development of the project through GitHub. The protocol is based on sharding, which allows different tokens and data to be transferred between different blockchains. Polkadot aims to create a network of networks, and with its help, it is easy to create a completely decentralized network.
Do not forget about the main advantage of investing in virtual coins — high profitability. It is noticeably higher than any alternative investment options, which often compensates for even very serious risks.