Which is the best cryptocurrency to begin with? A question most of us had asked. But, worry no more, we got your back. All those experts nowadays had asked the same question. Proper research, keywords, right people to ask, those are what you need.
Cryptocurrency is digital money which can be used for your online transactions, purchase, and transfer of funds for either business or personal transactions. There are so many out there in the market, different cryptocurrencies from all around the globe that you can choose from.
You just need to know what you are investing in. Not everyone who took chances with cryptocurrency got lucky, but not everyone failed. Most are actually successful and are wise enough to stay that way.
This 2019, more cryptocurrencies are being created and developed, more usage, and more stores are accepting them for transactions, be it online, or at the physical stores. The strongest that can be recommended is Bitcoin (BTC), Ripple (XRP), and Ethereum (ETH).
Invest time for your coins, and don’t get tired of reading and researching about it. Cryptocurrency requires a lot of learning of how these numbers work, do not be overwhelmed. Start with Bitcoin (BTC), Ripple (XRP), and Ethereum (ETH). They have been on top of the list for the last years, plus, they are being utilized worldwide. Reviews are rampant on the web, a better understanding, of course, is advised.
♦ Bitcoin (BTC) has been consistently being on top. A coin that was designed by a certain Satoshi Nakamoto (a pseudo name) in October 2008 – titled as Bitcoin: A Peer-to-Peer Electronic Cash System
♦ Ripple (XRP) – another name for it is Ripple transaction protocol (RTXP). It was launched by Ryan Fugger in 2004, a Web developer in Vancouver, B.C., Canada.
♦ Ethereum (ETH) – the system surfaced on 30 July 2015, made possible by Vitalik Buterin. It is a kind of decentralized money, means there is no company, government or bank controlling it.
One key to being successful is choosing the right exchange and wallet that supports them, better if those two are supported at the same time. But then again, the rule of thumb: only invest what you can lose. Not your savings, not your entire paycheck. You don’t want to regret in the end, right? Make sure also to have the time to monitor your coins.
Don’t get frustrated if things don’t go your way, funny but coins can be treated as pets, too. They might not have a life, but they do have moods. One day, it is up, one day it is down, you must learn to know how to “pet” them, play with it.
Author Bio: Roselle Nicolas Guillermo is a content writer at Cryptoversal.com. Her articles are mostly guides and feature pieces on all things related to cryptocurrencies, such as blockchain technology and smart contracts.