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Planning to invest in Cryptocurrency? Here are Five best cryptocurrency to invest in.

Five best cryptocurrencies to invest


Want to invest incryptocurrency? Here are five best cryptos to invest in

Cryptocurrency's value decrease or increase at an enormous rate, before investing in one you first need to have basic understanding of the digital currency. Make sure to read the full article before making any investment.

Types of Cryptocurrencies

A cryptocurrency often referred as crypto is a currency which exist in digital world. As the value of the currency growing everyday many cryptos are launched daily, many think digital money is the new future of currency. 

Although many cryptos are launched daily but their chance of sustaining in the market is 50-50, The value of a coin may rise with skyrocketing pace or may dip the same way and could never rise again. That's why you need to be careful before investing your money in the cryptocurrencies. 

Graph of crypto currencies-Five best cryptocurrencies to invest in


Best tips to invest in cryptocurrencies 

Having a basic understanding of cryptos is very important if you are planning to invest in cryptocurrency. 

Cryptos are divided into two categories:

  • Coins: Coins operate on their own blockchain and hold values as they are used for transactions.
  • Tokens: tokens are built on an existing block chain.

What is a Block Chain?

A block chain is a digital ledger of transactions open to public. The information provided in the blockchain gets recorded in such a way that it is very difficult to hack or alter. Experts believe that once a data is entered in a block chain it could not be altered. 

Five Best Cryptocurrencies to invest

Bitcoin

In India Bitcoin is priced roughly at 50 lakhs. Bitcoin is the most popular cryptocurrency created in 2009 which makes it the oldest digital currency in the world, also Bitcoin is the first decentralized cryptocurrency that enable transactions using its own block chain technology.

Ethereum

It is an cryptocurrency network that uses blockchain technology to facilitate smart contracts . currently priced at rupees 3 lakhs 20 thousand. It allows smart contracts to be built on its network and run without any control or fear of fraud by a third party. 

Cardano

Created through a research-based approach by team of cryptographers, mathematicians and engineers, cardano claims to be a more balanced and sustainable coin. The value of a single crypto is 173.93. Cardano works on a specially designed Proof-of-stake (PoS) blockchain protocol for consensus called Ouroboros which implies that, you can run as many transactions as needed without hitting the limit. 

Doge Coin 

This Crypto features a Shiba Inu dog as its icon. Before launched as a digital currency the meme was immensely popular on social media. The value of Doge coin skyrocketed when Tesla's CEO Elon Musk managed to shake up the crypto-market by supporting the meme coin.

Currently one Doge Coin value is INR 19.49

LTC or Lite coin

LTC was created in 2011 by a graduate from MIT named Charlie Lee. Lee has also worked as an engineer at google. After its launch, LTC was among first few cryptocurrencies which followed the same technology as Bitcoin, LTC generates, block at a faster rate and hence, offer a faster transaction time. It is currently priced at INR 13,631. 


Physical cash is the most valuable asset, make use of it wisely, crypto-market contains risk and profit both at the same time, invest your money with proper research and management. We know how hard it is to earn money and thus we value your capital that's why we have done a good a research and highlighted the best tips possible to invest in the crypto-market so that your money is safe and growing.
Although crypto-market fluctuates at an enormous rate you own analytics and research will help you the best.



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