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What are the top cryptocurrencies to invest in 2020 – Get complete details on latest cryptocurrencies here
Since Blockchain evolved to be one of the most feasible technology, we have countless options in the cryptocurrency list to invest. Some are proving beyond expectation while some are majorly disappointing. Most surprisingly, the top 10 cryptocurrencies to invest might not be very popular or common to all the traders.
Before thinking of investing, it’s very crucial to understand their features and potential in the long turn. For that, following their move is equally important. Just like real estate investment and significant investments, you can’t just rush into any decision.
For a simple example, let’s consider Bitcoin, the most heard of cryptocurrency, which a layperson might also have heard of, because of it being in the limelight for quite some time. In 2020, BTC surged astronomically upward, after which it fell so low, which was beyond anybody’s imagination. Now, it’s struggling hard to rise again. But as predicted by the market leaders, 2020 is going to be the year that is incredibly going to change the picture from bearish to bullish. Now that it’s a new year with lots of expectation around the corners, You must know how to invest in cryptocurrencies and what are the prelims before investing.
Before making any investment decisions, we should be answering these questions to ourselves:
- Are you having any planning of selling after it reaches a peak price?
- If yes, do you want to sell it all at once or gradually?
- Is there any factor that might affect your decision and you sell it off abruptly?
- What is the maximum amount of loss which you can bear?
- How optimistic are you about making profits?
- Do you follow the market news on a regular basis? If you’re not keen on that, you mustn’t invest.
Based on these answers, you should figure it out whether you want a long-term investment or a short-term investment in cryptocurrencies.
Knowing which cryptocurrency to invest in might prove to be a difficult task for you if you’re not updated on the performance of the cryptos. You can’t make investment decisions based on emotional judgments. There are several metrics used to calculate the best currency to invest in. In a matter of time, cryptocurrencies can jump up or down the ranking order, as recently happened with XRP(which replaced ETH and grabbed the second position).
Bitcoin (Bitcoin price $3437.30) and Ethereum (XRP price $0.305224) are indeed the top cryptocurrencies to invest but let’s have a look at the 10 new and emerging cryptocurrencies of 2020:
So, what are the top cryptocurrencies to invest in 2020?
#1 Zcash (ZEC)
Even if Zcash is predominantly new to the market, it has covered several grounds in such a short span. The CEO, Zooko Wilcox-O’Hearn is forward-thinking and continuously plans for growth and expansion strategies. At the moment, Zcash has around 21 million coins in transactions. Investment in Zcash is easy as you can enjoy a certain level of anonymity and can get the detailed report of the transactions you’ve carried out, hence making it one of the best cryptocurrencies to invest.
Zcash Price for today is $79.91. Its current circulating supply is ZEC 6,723,069 with a market cap of $537,258,522. You can convert ZEC to BTC at best rates from CoinSwitch.
#2 Dash (DASH)
Digital Dash should be included in top cryptocurrency list when it comes to investment opportunities. Although it was created in 2020, its market capitalization hit $2,036,525,273.Within this short span, they have consistently handled about $100 million worth of transactions daily as they are safe and secure. DASH is one of the best cryptocurrency to buy right now.
Dash Price for today is $146.10. Its current circulating supply is DASH 8,857,711 with a market cap of $1,294,142,348.
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#3 Neo (NEO)
Two names always pop in our minds when we talk about blockchain and innovation- Vitalik Buterin and Da Hongei. The former as we know is the creator of Ethereum, wherein the latter is the creator of NEO coin. The NEO technology is underpinned by a Delegated Byzantine Fault Tolerant system, which adds sophistication to the system. Its improved proof of stake tech makes it one of the best cryptocurrencies to invest in.
By now, you might have got a fairer idea of the cryptocurrencies which will be good for investment in 2020. As stated earlier, investment is a risky process so it shouldn’t be rushed. You should always take investment decisions in a logical manner.
NEO Price for today is $12.43. Its current circulating supply is NEO 70,538,831 with a market cap of $876,507,478.
#4 Steem (STEEM)
Steemit, the blogging, and social media platforms have decided to venture into cryptocurrencies. Activities like writing blogs and comments will award tokens to the writers. This token can be used for payment of other things on the platform. This is booming as more and more budding writers are showing their interest in this social media creative writing enabler.
Steem Price for today is $0.411964. Its current circulating supply is STEEM 318,079,459 with a market cap of $131,037,435.
#5 Cardano (ADA)
Cardano is the distributed computing platform that implements blockchain technology for the ADA coin. As a decentralized blockchain platform, Cardano is an entirely open-source cryptocurrency project. Cardano is also the first cryptocurrency platform, based on the Haskell code, an industrial product used for mission-critical systems. Cardano is one of the cheap cryptocurrency to invest right now.
Cardano Price for today is $0.083503. Its current circulating supply is ADA 25,927,070,538 with a market cap of $2,164,988,406.
#6 Tron (TRX)
In spite of its occasional increase, Tron is attracting more and more investors. The reason is that most of the investors are realizing its potential in the upcoming months. Buying when low is the holy grail in the cryptocurrency bible. Launched by Justin Sun, Tron is set on a decentralized platform. Fast and secured transactions can be made with the help of this currency. The main motive is to promote and support the entertainment industry which enables all the users to upload and download various types of media without the intervention of third parties like Google Play Store and other middlemen parties.
TRON Price for today is $0.031423. Its current circulating supply is TRX 66,682,072,191 with a market cap of $2,095,379,228.
#7 Nem (NEM)
Nem is different from other cryptocurrencies because of two main reasons. You harvest instead of mining as is the case for other cryptocurrencies. The other concept is proof-of-importance to determine who harvests the next block. NEM transactions take around 6 seconds to show up and 20 seconds to confirm. NEM is incredibly scalable which takes about 3000 tx/s where BTC is bogging down at 4 tx/s. Another advantage is that the transaction cost is ultra low, around .01% fee. So you need a penny to send $100 or 10 cents to send $1000.Isn’t that awesome?
Last, but not the least NEM uses 100x less power than BTC to run a node or harvest.
NEM Price for today is $0.084553. Its current circulating supply is XEM 8,999,999,999 with a market cap of $760,977,582.
#8 Binance Coin (BNB)
Binance is not only the world’s largest cryptocurrency exchange but its the name of a coin, too. BNB falls under the top 30 cryptocurrencies in the world by market cap. Binance has high liquidity and one of the assets which are superior in cryptocurrency trading. BNB offers great prospects in the long run as it increases steadily at times of turmoil, too. Since it has added 15 new tokens, it has seen around 50% adoption after that.
Binance Coin Price for today is $31.62. Its current circulating supply is BNB 141,175,490 with a market cap of $4,463,586,092.
#9 0x (ZRX)
0x is the latest and trending cryptocurrency that is grabbing the attention of the traders and investors. It is a decentralized exchange of ERC20 tokens and the users can directly place the orders from their Ethereum wallets. It allows much greater liquidity as compared to the other cryptos, so anyone using the protocol can access orders from anyone else. ZRX was in the news when Coinbase announced to list it the first ERC-20 token on its platform.
0x Price for today is $0.332269. Its current circulating supply is ZRX 597,577,999 with a market cap of $198,556,859.
#10 Ontology (ONT)
Ontology is a high-performance multi-chain focused on the creation of interoperable blockchain channels. Ontology is looking forward to an ambitious roadmap for the upcoming years. Ontology’s meteoric rise up the market capital makes it all the more interesting to watch their main net launch and other developments play out in the third quarter.
Ontology Price for today is $1.44. Its current circulating supply is ONT 494,757,215 with a market cap of $714,554,109.
Frequently Asked Questions (FAQ)
1. Which is the best cryptocurrency to invest in 2020?
We have mentioned the top cryptocurrencies you can consider while investing. You can choose any of these.
2. Which crypto has the most potential?
The above-mentioned cryptocurrencies have a lot of potential to grow and succeed in the future.
3. Is it safe to invest in cryptocurrencies?
There are millions of cryptocurrency investors across the world and most of them have profited from it.
4. How many cryptocurrencies are there?
As of October 28, 2020, there are 3047 cryptocurrencies as per the coinmarketcap.
5. What is the cheapest cryptocurrency?
There are many cheap cryptocurrencies, which is available under 1 USD, you can find the list here.
Is it worth it to invest in cryptocurrency?
Cryptocurrencies are the money of the new millennium. Every Internet user is well acquainted with this phenomenon, and the one who learned about cryptocurrency for a long time, for sure could earn a fortune from a crypt. For example, the very first and most important Bitcoin cryptocurrency since 2009 has increased in price billions of times! The rate of BTC by 2020 is 6.5 thousand dollars.
Modern cryptocurrency market
Today, in addition to Bitcoin, there is a huge amount of cryptocurrency on the Internet – new ones appear every day, and some, on the contrary, disappear, after collecting money from investors selling their tokens. The most reliable cryptocurrencies hold leading positions in the top of digital money. In addition to Bitcoin, these include:
By the way, once these coins cost mere pennies and were even distributed free of charge. For example, the Ethereum team, before launching its network, conducted a large-scale ICO (initial placement of coins) with a bounty program. It was possible to get a few coins for registering on the platform and performing the simplest actions on social networks (reposts, retweets, etc.). To date, the cost of one Ether is $ 210, and last year this figure did exceed one thousand dollars.
With the advent of cryptocurrency, users of the worldwide network have the opportunity in a short period of time to make a profit of several hundred percent. However, the industry also had a dark side – under the guise of cryptocurrency activity, criminal schemes were launched to take money from unsuspecting users.
What is the meaning of cryptocurrency and how to earn on it?
Why do we need cryptocurrency? The creator of Bitcoin, Satoshi Nakamoto, who disappeared from the field of view of industry participants several years ago, laid a special meaning in his creation. Bitcoin was supposed to be an alternative to fiatnom money, which have many drawbacks.
The developers of new cryptocurrencies largely repeated the principles of Bitcoin, while improving their platforms. In some developed countries, it is already possible to pay for a crypt in a store or cafe, but a full replacement of real money with digital money is not the case yet. To a greater extent, cryptocurrency became interesting to the public as a speculative tool.
The essence of earning on virtual assets is simple – it is cheap to buy a crypt and sell high. In the end, absolutely all currently known cryptocurrencies once cost hundreds of times less relevant courses today. When the market of digital assets relatively stabilized, in the first ten of the most expensive cryptocurrency in terms of capitalization, x-ray takeoffs began to occur less frequently (price increases of several (X) times).
But from time to time new “stars” appear on the crypto arena – coins, about which only a few months ago, few have heard. Only a small group of investors skims, selling assets that have risen in price. Or it does not sell, but continues to keep the crypt in price in the hope that it will grow further.
The difficulties of the cryptocurrency market
Many of us would like to be among those “chosen ones” who buy promising cryptocurrency for nothing. But in reality everything turns out differently, statistics are disappointing – about 75% of ICOs do not have a continuation in the form of launching a full-fledged cryptocurrency. Moreover, most of those that still started, do not rush to go up. However, the existing cryptocurrency can always be spent on paying for the services offered by the creators of the crypt.
We have not for nothing mentioned the availability of services on the basis of a cryptocurrency platform – often they are evidence that developers offer a real product, and not a fiction to collect money. After all, as you know, in the world of cryptocurrency everything rests on trust. Therefore, we strongly advise against investing in new cryptocurrencies, whatever the promises of their developers. At least, not well understood the topic.
Recently, a story appeared in the media of a young man from the United States, who invested $ 5000 in Ethereum and earned 800 thousand. But on this he did not calm down. Apparently, believing that he is an expert in this field, he bought several dozen unknown cryptocurrencies and waited for his investments to turn into millions of dollars. But the result was deplorable – almost all cryptocurrencies turned out to be scam, among other things, the guy owed a large amount of taxes for such a high cash flow.
As you can see, with the development of the industry to earn on cryptocurrencies quickly and a lot is becoming increasingly difficult. The market has already experienced its peak, and even its most important representatives (Bitcoin, Ethereum) are not in the best condition. Over the past six months, Bitcoin has traded in the range of $ 6000-8500, not consolidating during takeoffs, and Ethereum has completely dropped from $ 700 to $ 200.
But do not write off these cryptocurrencies. They have not yet revealed their full potential, so it is quite possible that they will still break through new highs. However, there are no prerequisites for this to happen in the near future. Does this mean that you can not earn money on cryptocurrencies?
Exchange and OTC cryptocurrency trading
The cryptocurrency market is a full-fledged exchange direction. Using knowledge of financial markets, applying trading strategies and indicators of technical analysis, following news from the world of cryptocurrencies, one can successfully predict fluctuations in charts. Then even the slightest change in the rates of Biktoin, Ether, or another crypt can generate income.
Millions of traders around the world trade on cryptocurrency exchanges. Such a trading involves the purchase of a crypt with its subsequent exchange for another. There are many cryptocurrency pairs on the stock exchanges, as well as pairs of virtual assets with classical currencies – USD, EUR, RUR.
Work on the exchanges requires close interaction of the trader with the crypto market. It is necessary to be aware of key events, have time to buy and sell assets in a timely manner, diversify investments. For example, having bought one or another altcoin at a low price, one can “sleep through” the peak of its growth and, at best, avoid serious losses. If you are not ready to monitor the crypto market 24/7, you can choose another direction of trading – contracts for rising or falling assets, and trade at any convenient time.
The Binarium trading platform, which offers over-the-counter trading services, has a cryptocurrency section. There are 4 key representatives of the industry: charts of current rates of BTC, ETH, LTC and XRP to the dollar. The task of the trader is to make a prediction where the course of the selected crypt will be after a given period of time – from one minute to three months.
How it works?
Experienced traders devote a lot of time to technical analysis, and this is paying off. To visualize the graphics, they usually use a candlestick construction. This option is clearer than the rest shows the history – the opening rate and the closing rate of the candle, as well as the maximum and minimum value for the specified period (timeframe).
On the Binarium trading platform, the choice of the type of chart is at the bottom of the screen. Next, you should choose the time of candles for a specific strategy – from 5 seconds to 12 hours. Additionally, the chart can be supplied with technical analysis indicators. There are the most popular tools for proven trading strategies.
For example, on the Bitcoin chart, we have activated the SMA indicator (moving average), which shows us the presence of a bearish trend. At $ 6450, we open a short trade with expiration until the end of the day. If a reversal did not happen, and by the end of the contract, the BTC was at the level of, say, $ 6,370, the transaction closes in plus, and the trader gets a profit on the balance (up to 90% of the investment size). If the cue ball groped for the level of support and, pushing away from it, went up to $ 6,620, the deal closes to a minus, and the trader loses the investment.
Trading cryptocurrencies on Binarium is simple and accessible to everyone. In addition to cryptocurrency, there are classic stock exchange instruments (currency pairs and futures). The optimal conditions for starting the work are created for the company’s clients:
● available entry threshold in the form of a deposit of 600 rubles;
● minimum investment – 60 rubles;
● withdrawal of funds from 300 rubles;
● first deposit bonus – 100%.
In addition, there is a demo account on Binarium so that every registered client can test the capabilities of the trading platform and check whether he has enough skills to be in the black.
Is the game worth the candles?
It is advisable to invest in cryptocurrency trading only if you are interested in this market and understand the nature of changes in the prices of virtual assets. Analyzing the market, adhering to money-management and constantly improving, you definitely have chances for success in this business. However, if you are looking at the “lucky ones” who were able to make money on the crypt, you think that the money invested will multiply with your insignificant participation, most likely you will not earn anything, and in the worst case you will lose your capital.
“General Risk Warning: Binary options and cryptocurrency trading carry a high level of risk and can result in the loss of all your funds.”
Best Cryptocurrency to Invest In 2020 – Our Top 4 Picks
Do you want to know what the best cryptocurrency to invest in for 2020 is? Knowing which blockchain technology to invest in might prove to be a hard task. With hundreds of cryptocurrencies to invest in, where do you begin?
It can be overwhelming and confusing when you first start to look for the best cryptocurrency to buy right now, but we’re here to make it easier for you. Luckily for you, we have used several factors before picking the best cryptocurrency to invest in. First, before you start investing in crypto, it’s important to develop a successful trading strategy.
So, are you looking for the next big thing and for a new cryptocurrency investment? Maybe you find yourself thinking “Should I invest in Bitcoin?” or “Should I invest in Ripple?”
Here is a list of the most promising, best cryptocurrencies to invest in for 2020.
Best Cryptocurrency to Invest in 2020
Just like there were the best cryptocurrencies to invest in for 2020, this year is also full of good opportunities. That means there’s still a chance to get rich, but you just need to know where to put your money in.
At the time of writing this article, based on Coinmarketcap stats there are 2120 different cryptocurrencies. The market cap of all cryptocurrencies is more than $112 billion after reaching a peak of $813 billion in January 2020.
The cryptocurrency market has many altcoins and there are other best cryptocurrencies to invest beside Bitcoin. Many people believe the blockchain technology is the next big thing.
While it’s hard to predict the future, the fact that we have a secure and decentralized technology gives us strong reasons to be positive.
Moving forward we’re going to share what the best cryptocurrencies to buy right now are.
The digital coins we picked have a good chance of significantly outperforming the markets in 2020.
Let’s get started!
Best Cryptocurrency to Invest In
We have a very good chance of reaching a bull market in 2020 for a variety of reasons that we’re going to mention throughout this guide. In the case of a bull market, we’re going to see pretty much every single major cryptocurrency jump in price significantly.
However, there are several cryptocurrencies that we think we can make a strong case. They are among the safest investments in case prices should fall further. So, if we’re not going to see a bull market, we won’t be losing any money.
Trading or day trading cryptocurrency will require you to take risks. In order to reduce the risk of crypto trading, you should diversify your holdings and invest in multiple different types of currency. This way, if one currency begins to underperform, your investment will still be protected.
Most cryptocurrencies have a strong connection to Bitcoin, meaning that Bitcoin should likely make up a significant portion of your portfolio. The coin does account for 40 percent of the total market share, after all. In some ways, Bitcoin is similar to bonds in the sense that it is often the foundation of a portfolio with riskier investments (such as stock).
Studying historical price charts will make it easy to see whether or not a currency is strongly correlated with Bitcoin. We also recommend paying close attention to developing crypto news stories. By carefully balancing risk and reward, you can take advantage of the crypto industry’s natural growth.
Best Cryptocurrency to Invest 2020: Bitcoin (BTC)
Bitcoin is a very obvious choice for the best cryptocurrency to invest, w e have already seen Bitcoin have an incredible 2020 so far . Between January 1 st and May 1 st of this year, the coin increased in value from $3,862 per coin to $5,412 per coin. If you had invested in Bitcoin on January 1 st , your monthly rate of return would be nearly 10 percent. BTC is by far the biggest cryptocurrency and the oldest coin owning more than a 40% share of the total cryptocurrency market cap.
Bitcoin is simply currently the market leader!
You can find Bitcoin listed on every single cryptocurrency exchange!
Bitcoin makes mainstream news on a daily basis and it’s recognized by almost everyone.
Following Bitcoin’s steady rise, prices have remained remarkably stable. This suggests to traders that the value increase was genuine and will likely be sustained. Over the past few years, Bitcoin has significantly increased its utility. Currently, many eCommerce stores, retail outlets, and even restaurants around the world accept Bitcoin as a form of currency. Bitcoin remains in an absolutely unique position that we can’t say about other cryptocurrencies and continues to be seen as the image of cryptocurrency as a whole and as representative of the cryptocurrency market.
Bitcoin is also regarded as a store of value for a lot of people in the crypto world. Wherever you agree- with it or not, it’s how BTC is seen by some people.
It’s very unlikely that Bitcoin will lose its status too quickly which is the reason why BTC remains one of the safest and the best cryptocurrencies to buy right now. As an industry leader, Bitcoin is often the “gateway coin” that helps crypto companies extend their reach. In other words, if Bitcoin is doing well, the entire cryptocurrency industry is also doing well (and vice versa). Find more bitcoin resources here.
Taking everything into consideration for our 2020 cryptocurrency forecast we can pretty safely assume that Bitcoin price will remain elevated.
Best Cryptocurrency to Invest 2020: Ripple (XRP)
Ripple remains a low-risk investment. This makes it a safer play, but with room to make small profits if a bull market is on the corner for 2020. However, if you want something to maximize your profits, we think Ripple cryptocurrency is the best cryptocurrency to invest in.
Ripple has established itself as one of the most stable cryptocurrencies in the industry. Other than Bitcoin, Ripple has enjoyed among the most predictable price movements. Additionally, because Ripple experiences more than $800 million in daily trading volume, it is among the most liquid cryptocurrencies available. The company behind Ripple is building a massive international network, with hundreds of members. Those are banks, payment processors and liquidity providers.
Ripple has developed a technology that can revolutionize the way payments are done. The Ripple blockchain remains the closest and the most likely to achieve that to any real degree.
Ripple can become an alternative for the SWIFT system currently used for international money transfers that have been used for 45 years and every major bank in the world uses.
Ripple is working hard to get more companies using their technology which ultimately should result in the XRP price going up significantly.
With a growth of around 36,000%, Ripple was the best cryptocurrency to invest in for 2020. It grew from just a couple of cents at the beginning of 2020 and reach $2.4 by the end of 2020.
See the chart below:
Since we’re in a bear market, like all the other cryptocurrencies, Ripple’s price has decreased in the previous year and at the moment of writing this article is trading around $0.30.
Ripple is currently the second-best cryptocurrency after Bitcoin with a total market cap of around $12.6 billion.
It might be a good time to buy Ripple, which is down almost 70% from its all-time high of $3.4 reached in January 2020. As of 2020, the market cap for Ripple has exceeded $12 billion. Purchasing one individual coin is surprisingly affordable. During the course of 2020, Ripple has mostly floated between $0.28 and $0.38 per coin. As the company behind Ripple continues to build valuable connections in the business world, Ripple may be on the verge of breaking out of its current price channel.
Let’s see what’s the third pick for the best cryptocurrency to buy right now.
Best Cryptocurrency to Invest 2020: Basic Attention Token (BAT)
Basic Attention Token is a cryptocurrency token designed to bring a new way of sponsorship on the internet. The internet is mostly based on paid advertisements. When you open a website there are always a bunch of ads. Contrary to Bitcoin and Ripple, BAT is a coin that is still on the “outside” looking in. The coin has experienced above-average levels of volatility, but it has also produced some impressive returns.
That reliance on add revenue and monetizing the content through ads is what makes BAT a good candidate for the best crypto of 2020. So far the coin has already more than tripled in value. Between January 1 st and April 20 th , the coin increased in value from $0.13 to $0.44 per coin. Though the coin has experienced a slight dip since then—dropping to around $0.37 per coin—its rise has still been very impressive.
The team behind BAT envisions a world of sponsorship where we decide to support our favorite creators. For this purpose, they created the BAT coin and integrated it into the BRAVE browser.
Currently, there are about 1.3 billion BAT coins in circulations. The 24-hour trading volume is $108.6 million and the current market cap is $466 million. While these numbers are much smaller than Bitcoin and Ripple’s, BAT is a coin on the rise. This may be one of the best coins for risk-tolerant investors in 2020.
Let’s now get to our last pick for 2020…
Best Cryptocurrency to Invest 2020: Ethereum (ETH)
During the strongest cryptocurrency bull market, Ethereum price skyrocketed slightly closer to $1600 reached on 13 January 2020. At that time, the Ethereum market cap was around $138 billion. ETH grew by almost 3000% making one of the best cryptocurrencies to invest in for 2020. So far in 2020, Ethereum has begun to gradually reverse its losses from the end of last year. The coin is getting increased attention from crypto developers and has been able to maintain most of its positive gains.
Whether it’s a good idea to buy Ethereum or not, it’s up to you to decide that.
ETH is not just a cryptocurrency, it’s a more advanced blockchain technology than bitcoin. This technology allows other blockchain projects to be launched on the Ethereum platform. While Ethereum was trading for around $140 per coin at the beginning of the year, its current price is nearly $200 ($196.48 as of May 11). The Ethereum chart typically moves in lockstep with Bitcoin, dropping off around the end of 2020 and experiencing positive gains thus far this year.
With a price point around $200, Ethereum is an excellent “intermediate” coin that is much more affordable than Bitcoin, but much more expensive than BAT and Ripple. Purchasing coins at multiple different price points can help make your portfolio more diverse and dynamic. Ethereum is also an excellent alternative for hedging the risks of purchasing newer coins.
We encourage you to give Ethereum a chance, as it has the potential to be the best cryptocurrency to invest in 2020.
Conclusion – Best Cryptocurrency to Invest In
If we didn’t mention your favorite coin in our best cryptocurrency to invest 2020 guide, it doesn’t mean that your coin will not rise in value. It simply means it hasn’t made the cut to be listed as the best cryptocurrency to buy right now.
As we were saying earlier, diversification can enhance your crypto trading strategy. By investing in a larger number of coins, you can protect yourself from unexpected events.
While the four coins featured in this article are our top choices, we also recommend giving these coins a look.
Many of these coins have high market caps. This helps assure long-term stability and will also make trading coins a bit more predictable. In order to access the benefits of diversification even further, you may want to consider investing in a crypto index fund.
Remember, your forecasts won’t have 100% accuracy so always be prepared for fluctuations.
Which of the cryptocurrency listed above is your favorite? Let us know if you have another good candidate for the best cryptocurrency to invest in 2020.
There will always be some degree of risk present when trading cryptocurrency. However, these currencies are becoming more secure and are also becoming accepted at more places… the crypto industry is clearly moving in a positive direction. Don’t forget to check out our article on the Best Crypto Trading Signals.
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