Cryptocurrency: The Best Options

By siliconindia  |  Saturday, 26 June 2021, 05:04:26 PM IST

Cryptocurrency: The Best Options

In the past decade, the financial industry has been undergoing a sort of “digital revolution”, in large part due to the emergence of cryptocurrency and crypto trading. The appeal of cryptocurrency comes from a number of perks they have as a payment method.

The most appealing advantage cryptocurrency has over standard payment methods is the anonymity and freedom it provides, as cryptocurrency requires no intermediary, such as a bank, and is not regulated by a central authority, i.e. a government.

In 2021, experts have estimated that there are around 10,000 cryptocurrency options to choose from on the market, but not all of them offer the same quality and return on your investment. We hope this article will help you to choose the best option before you start investing. 

How to Trade Cryptocurrency

For those who want to start investing in crypto, there are quite a few trading sites, through which you can connect with potential buyers and sellers from all around the world, and start your journey into crypto.

These sites offer a number of amazing benefits and tips to new investors, including safety and security measures, state-of-the-art AI technology that helps accurately predict the fluctuations in the market, and most importantly an easy-to-use, user-friendly interface. Best of all, they offer a twenty-four hour, seven-days-a-week service.

Most trading sites are optimal to use on both phone and PC, thanks to their use of the latest HTML5 technology. One such website is Bitcoin Rejoin, which incorporates all of the features mentioned above. The site promises high profitability rates and has thousands of users from all over the world vouching for its success.

But, as we said, there are 10,000 cryptocurrencies currently floating on the market. So how do you know which one to pick? Let us look at the consistent top 3 options in the cryptocurrency world. 

Tether

Tether is a stablecoin, which means its value is consistent, and for most of its existence, Tether’s value has been estimated at $1. The appeal of Tether the stability it provides, as it isn’t affected by the volatility that is often associated with cryptocurrency.

The future of Tether seems bright, as it isn’t expected to see a drop in value, but rather remain stable at $1. Some experts, however, predict a small rise in value.

We hope that this article has been helpful in starting your journey into cryptocurrency and crypto trading. Just remember to remain vigilant and always keep an eye out on the ever-changing market, and don’t fall prey to anxieties, like the Fear of Missing Out (FOMO), that plague new investors.

Ethereum

Ethereum is currently valued at nearly $2000, making it the second most highly valued cryptocurrency, currently on the market. Experts predict a bright future for Ethereum, estimating that it will increase in value by 2025 and reach $10,000 by 2028.

Ethereum’s network supports NFTs (non-fungible tokens), which is the main appeal of this cryptocurrency. NFTs are units of data which certify digital assets as unique and non-interchangeable. This offers a bit more security, as it provides the owner with a proof of ownership.

Bitcoin

Finally, we have Bitcoin, the first, most highly valued, most respected and probably the best cryptocurrency to invest in currently. Bitcoin, without a doubt, blows the rest of the competition out of the water. Not only is it the most high-valued cryptocurrency, being worth over $32,000, it is also the most widely used. Most cryptocurrency investors invest in Bitcoin, so opting for this option will increase the pool of people with which you can trade.

Today, Bitcoin’s estimated worth is over $32,000, however, some experts predict that the value of Bitcoin will rise to $100,000 by 2022. Estimations have concluded that 99% of Bitcoin will be mined by 2032, at which point, it will most likely be worth a shocking $500,000.

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