The 5 Best Digital Currencies to Invest in Right Now
There are many of ways to lose money in the stock market, and there are many someone can make money. If you are good in buying and selling stocks one can be able to get in at the right time and get out at the right time, too. However, The 5 Best Digital Currencies to Invest in Right Now digital currencies that have started to come back in the day can provide good opportunities nonetheless.
1) Bitcoin (BTC)
Cryptocurrency has bought a lot of attention over the past few years. Though it is only six years old, bitcoin has grown to become a force in finance and a prominent player for investors. Though different digital currencies can give you good investment returns, One unit of Bitcoin equals 1,000 mBTC (1 millibitcoin) or 100,000 satoshis; however, its rate changes often with regard to market conditions such as economic crisis or political events , It’s very important to keep good recorder of Bitcoin’s ROI in order to avoid any difficulties with managing your finance portfolio.
2) Ethereum (ETH)
Ethereum is also a good important of digital currency. Ethereum allow for peer-to-peer contracts and money transfers, but it also helps developers build apps on top of its blockchain, many investors have flocked to Ethereum (the second largest cryptocurrency by market cap) as a way to get involved with upcoming blockchain applications. A lot of companies will accept payment in Bitcoin these days
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3) Litecoin (LTC)
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features is also faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
4) Ripple (XRP)
Ripple is also a good important of digital currency and provides banking and payment solutions for financial institutions. Ripple comes in at $0.09 per coin with a total market cap of about $4 billion. XRP is your best bet. It also has low transaction fees and fast transactions
5) NEM (XEM)
NEM is one of those cryptocurrencies that could see major gains over coming months, thanks to its fast transaction times and some interesting back-end technology. which isn’t surprising given that most cryptocurrencies are at least partially open source by design.