Cryptocurrency

Which Cryptocurrency Should You Invest in This Year?

This question is asked by many people nowadays. Everyone who starts or has been engaged in trading or maybe you are someone who prefers to buy cryptocurrency and keep it for a long time wants to know how to increase their profit and not take risks. We wrote this article intending to tell you which coins are promising in 2022 and which of them we think are worth investing in.

When choosing cryptocurrency, you should pay attention to some details

  1. Analyze whether the coin is in demand in the market, that is, its user value. Many new promising cryptocurrencies are increasingly being used by users in their work.
  2. Convenience of using the purchased cryptocurrency. How long will it take to withdraw it from the account, settle it somewhere, and so on?
  3. Anonymity, to protect your capital from possible hacks
  4. Versatility. This item includes the option of using crypto in the case of mining somewhere or storage, exchange cryptocurrency in various Defi networks and protocols.
  5. The asset must be present on major trading cryptocurrency exchanges

Which Сrypto Will Go Up in 2022?

  1. Bitcoin

A cryptocurrency that can easily be called a leader in our time. This currency has been on the market since 2009, which makes it as safe and liquid as possible. Analysts give different forecasts regarding the future course, but they are excited to think that bitcoin investments have a long-term perspective, especially despite the fluctuations of the currency, in general, gradual growth is observed.

  1. Ethereum (ETH)

A coin that went along with Bitcoin and has qualitatively strengthened its position over the past few years. Interest in this crypto increased due to the launch of Ethereum 2.0. In the near future this cryptocurrency will switch to the Proof-Of-Stake algorithm, which in turn will lead to the fact that application will become the decentralized one and will start work more efficiently and easily. In addition, the level of the commission should decrease significantly.

  1. Polygon (MATIC)

A cryptocurrency closely related to the previous one. Polygon is a forward-looking blockchain ecosystem that was created to extend, improve and help with the Ethereum network. Thanks to the Polygon token, the problem with the speed of transactions has been exhausted and now it reaches 7200 transactions per second. After rebranding, new functions will be added.

  1. Cardano (ADA)

Having reviewed this cryptocurrency, we can say that it is rapidly developing and relatively new, which makes the process of trading cryptocurrency even more interesting. Let’s make a small cryptocurrency overview. The ADA coin works similarly to the Ether cryptocurrency. Each of these coins supports its blockchain, Cardano and Ethereum. Users use ADA tokens to pay for the opportunity to use the platform to pay. Another interesting fact about this coin is that the developers of the platform have done everything to reduce the cost of energy spent during the block production process to zero. To make sure that everything is safe on platform you are using we recommend you to buy cryptocurrency on Changelly. It is actively used in the architecture of smart contracts and Dapps.

  1. Avalanche (AVAX)

This project was created recently and in a short time became one of the top 10 for buying cryptocurrency on the exchange. AVAX cryptocurrency is a native token of the USA/EN Avalanche network, although developer customers can issue their coins on unique custom blockchain networks and ecosystems. It is possible to create any NFT token or cryptocurrency wallet according to the required specification.

  1. Stellar (XLM)

Сryptocurrency that is used in different fields — starting with games to chain online stores. The coin has been operating since 2014. The major part consists in combining different blockchains and ecosystems. One of the main benefits of the Stellar cryptocurrency is that it is a versatile medium of exchange with the tiniest fees for economic transactions. One of the largest crypto exchanges has already announced that it will support the Stellar Lumens (XLM) network update and this may lead to an increase in demand for the coin and an increased desire to exchange cryptocurrency on favorable terms.

  1. STEPN (GMT)

A slightly atypical version of the classic cryptocurrency. Earning exists in the form of a game where you need to move from one level to another. More than 200 million users from different parts of the world have already joined this project. A user can earn from 40 to 100 dollars a day on this cryptocurrency.

Conclusion 

Finding the best cryptocurrency to buy in 2022 from a pool of over 18,000 digital assets can be extremely difficult but possible with a planned strategy. Do not forget that cryptocurrency is a risky business.

 

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