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?
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.
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.
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.
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.
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.