Which cryptocurrency will make you rich?

Wondering which cryptocurrency will make you rich? If your answer is yes, then I am here to help you out. There is no doubt that investing in cryptocurrencies is almost as same as investing in stocks. However, when you buy a company’s share, you buy and own a piece of the business. But in cryptocurrency, it is a completely different scenario.

When you buy a cryptocurrency, you do now won a share or piece of the business. Instead, you speculate that the price of the coin will go up and bring you profit. And these days, there are quite a lot of cryptocurrencies available out there.

And choosing the best cryptocurrency for investment can be a difficult task. However, in this article, I am going to talk about which cryptocurrency will make you rich. So here we go:

Which cryptocurrency will make you rich?

1. Bitcoin

There is no doubt that Bitcoin is so far the best cryptocurrency to invest in. This is the most popular and largest cryptocurrency available out there. And from the beginning, the coin is going up and up only. The coin also has seen several downs too. But if you look at the price graph, you will find that it is growing only. And according to experts, Bitcoin price will go way high in the upcoming years. So it is a good idea to start investing in Bitcoin.

2. Ethereum

You can also try investing in Ethereum. After Bitcoin, Ethereum is the second largest cryptocurrency available out there. Ethereum is based on the popular dApp processing platform. And according to the experts, the coin is going to burst in the future. Even some crypto experts believes that the coin will surpass Bitcoin. So you can definitely think of investing in this coin.

3. Litecoin

After that, I have the Litecoin. This one is way cheaper than Bitcoin and Ethereum. And the best part is that it does not reflect the market potential of Bitcoin and Etherum. And this is why, many experts belives that investing in Litecoin can be profitable and there are a few reasons behind this. For example, the coin is pretty cheap. Also, it has the potential to become a global transaction network.

4. Ripple

Finally, there is the Ripple. This one has the highest potential of growing the future because of the that it promotes. The goal of Ripple is to become the official solution for banking infrastructure. And there are quite a lot of banks who are already working with Ripple. And if Ripple gets to succeed in its mission, then Ripple would be way too profitable in the future. So you can also think of investing in this coin.

Final Words:

 So that was the answer to your which cryptocurrency will make you rich question. Overall, before investing in any coin, you should always know the purpose of the coin and see if it can establish a name for itself or not in the upcoming future.

Bitcoin – Is it still worth to invest?

Wondering it is still worth to invest in Bitcoin or not? If yes, then read on. By the time you are reading this article, Bitcoin has been called dead for more than 400 times. And the numbers are growing continuously.

However, if you look at the Bitcoin, the coin is still growing and going up. Of course, there are some of the major downs and ups that the coin has seen. And according to experts, Bitcoin is going to rise up more in the future.

So the question is, Bitcoin – Is it still worth to invest? Well, let me just answer the question for you:

Bitcoin – Is it still worth to invest?

There is no doubt that Bitcoin has completely changed the business world by adding one more asset that individuals can invest in. However, there are, as of now, only 3% of people who are using digital money. But the good part is that the numbers of investors are growing almost every day.

As well as there are different banks and investment industries are also started to take interested in the Blockchain technology. As a result, it has great potential in the future. However, are some of the reasons why it is still worth to invest in Bitcoins.

However, before I start talking about why you should invest in Bitcoin, you should know some of the basic things. Bitcoin was invented with the basic intention of making the whole payment easy. It made digital payments easy.

But there are some of the other reasons too that you need to look for. And here are those reasons:

Accessibility:

Digital coins are widely accessible. As a result, it becomes easy for us to buy, sell, or trade them whenever and wherever you want to. As well as Bitcoin work as a worldwide currency. So you can shop for anything or spend your bitcoins in any part of the world.

Security:

Investing in Bitcoin, you will not have to worry about identity thefts or frauds. However, it is extremely important that you take some of the security precautions. As for the last couple of years, we are hearing a lot of crypto scams.

Lower fees: 

The best part of the Bitcoins is that it has lower fees. If you compare the fees compared to the banks, you will find a huge difference. And this is the reason why more and more people are using Bitcoins as their payment solution. Even banks are also adopting the technology. 

Portfolio diversification: 

You can also use Bitcoins to diversify the portfolio of investments and broaden the scope of work.

Faster transactions: 

Bitcoin operations happen pretty quickly. As a result, you will easily be able to sell or make a transaction.

Final Words:

As well as, Bitcoin is in the early stage. And it has a huge potential to grow in the future. So yes, It would be worth to invest in Bitcoins. But be careful with your choices.

 

What Crypto Markets Are Saying About the Future of Bitcoin?

Wondering What Crypto Markets Are Saying About the Future of Bitcoin? If your answer is yes, then I am here to help you out. There is no doubt that Bitcoin is the most popular cryptocurrency available out there. And a lot of experts believe that Bitcoin will be profitable in the future.

But of course, it is always a good idea to know what crypto markets are saying about the future of bitcoin. So let me just go ahead and talk about it.

What Crypto Markets Are Saying About the Future of Bitcoin?

According to some analysts, the growth of the market has a long way to before it hits maturity. As seen in the traditional markets, where smoothed volatility and liquidity are important factors. While others imply scarcity inherent in its algorithm is the main factor for Bitcoin’s perceived value.

According to a poll conducted by the Alex Kruger who is a macro cryptocurency analyst. He shows that the majority of Crypto twitter participants believes that bitcoin will eventually be mature and settle into a wide price range.

However, timing is always the question and how BTC could be far away from that level of maturity. According to another crypto on-chain analyst and trader, Willy Woo said that the price of BTC still had some ways to go in discovering a price ceiling.

BTC’s market capitalization is calculated through the measurement of total coins in circulation multiplied by its spot price. And it stands at $204.4 billion, and it went down from the pick of $233 billion. Furthermore, Kruger also said that the volatility is likely to due to the lack of total capital in the space right now. As the market cap is increasing, the impact on bitcoin by large market participants who are known as the whales is less likely to be impactful in shifting prices. 

As well as for the institutional investors, it would be a welcome change. According to Nic Carter, Partner at Castle Island Ventures said that BTC resembles a commodity more than any other asset class, and the volatility isn’t going anywhere anytime soon.

Is it wise to invest in Bitcoin for the future?

Yes, absolutely, it would be a wise idea to invest in Bitcoin. Even according to the experts, Bitcoin is the only cryptocurrency that will be profitable in the future. Even if you look at the price graph of BTC, you will find that it is only going up since 2009. And it is going to grow further in the future.

However, there are certain times when the cryptocurrency price dropped. But this is the case with every currency out there. And if you are looking for long term goals, there is nothing more profitable than bitcoin.

Final Words:

So that was the answer to your What Crypto Markets Are Saying About the Future of Bitcoin question. I hope this has cleared all your doubts. Also, for any questions, you can feel free to comment below.

Best Ethereum trading platforms in 2020

Wondering what are some of the best Ethereum trading platforms in 2020? If your answer is yes then I am here to help you out. Ethereum is the second most popular cryptocurrency available out there. And there are quite a lot of people who want to invest in the coin.

But as you know, investing in a coin is not possible with a trading platform. Hence, in this article, I am going to name some of the top platforms where you will be trading in Ethereum. So let’s just head into the topic without wasting much of the time:

Best Ethereum trading platforms in 2020

Coinbase

First of all, I have Coinbase. And it is one of the most popular ethereum trading platforms that you can use. The platform is based in the USA. And they have one of the simplest user interface. As a result, you will easily be able to buy and sell cryptocurrencies. The platform is accessible through the web app. As well as you will find a mobile app for iOS and Android devices.

Plus, the platform supports a wide range of cryptocurrencies, including ethereum. Also, the exchange is operational in many countries. And getting started with this pretty easy. However, if you are an advanced trader, then this one is not the best option for you.

Bittrex

Up next, I have the Bittrex. This one is one of the best ethereum trading platforms in 2020. It has a clean design and comes with easy usability. As well as this one is a USA based crypto exchange platform that will allow you to trade in more than 190 cryptocurrencies, of course, including ethereum.

The website is also well regulated, and it falls under the USA rules only. So there will not be any issues faced by you. Also, you should know the fact that it handles the largest BTC trading volume out of all the exchanges.

Getting started with this website is also a pretty easy task. All you will need to do is register your account using your Email ID. Then you will need to get done with KYC and Phone verification, and you are all set to trade.

Coinmama

Next, there is the Coinmama. This one is considered as one of the best alternatives to Coinbase. Also, the good part is that this one is available in many countries. Also, buying and selling cryptocurrencies on this website is pretty easy.

The website does not only allows you to buy Ethereums, but you can also buy bitcoins, litecoins, ripple, and other currencies.

As well as the website allows you to purchase currencies using debit or credit cards. Plus, they have a charge of 6% on each of your purchases. Also, if you belong to Europe, then you can purchase cryptocurrency with SEPA transfer a lower fee.

What’s more? Getting started with the website is also pretty easy. And it is useful for the advanced yet newbie traders. So go ahead and have a look at it.

CEX

For my next pick, I have the CEX. This one is considered as one of the most trusted cryptocurrency exchange platforms out there. Also, the best part of this platform that it offers you a minimum fee of 0.25% only, which is super easy.

Along with that, you will get top notch security. Plus, you will be able to purchase bitcoins using your debit, credit card, SWIFT, ACH, and other standard payment methods. As well as it also supports UST, which is a must have for any exchange that deals in Bitcoin.

Bitpanda

In the end, I have the Bitpanda. Bitpanda is also one of the best ethereum trading platforms in 2020 that you can check out. Furthermore, Bitpanda is a Bitcoin broker that specializes in buying and selling Ethereum within the Eurozone. Also, the website not jut allows you to purchase Bitcoins, but you can also use it to buy all the major cryptocurrencies available out there.

The platform was founded back in 2014. And since then to now, the platform has become one of the best choices for the crypto traders. Also, if you belong to Europe, then this is the must use an exchange that you can try out.

Moreover, the platfrom has many payment options and delivers coins to your wallet in a fast and secure manner. So go ahead and check this one out.

Final Words:

So those were the 5 Best ethereum trading platforms in 2020. Each of these sites has its pros and cons. So it would be a good idea to go ahead and check them out and see which one is working the best for you. Also, if you have any more questions to ask, then do feel free to comment below and I will surely help you out.