TOP CRYPTOCURRENCIES TO INVEST SAFELY
Cryptocurrencies are a relevant subject in the investment market. In addition to the well-known Bitcoin and Ethereum, there are a number of other coins in circulation around the world. Bitcoin Cash is an example of a currency that has gained prominence due to its security and low cost.
Before choosing the cryptocurrency in which you are going to invest, it is essential to do market research, evaluate performance charts, and research trends and market expectations. Below, we bring you some information that can help you invest safely.
Bitcoin Cash — BCH
The first cryptocurrency on our list is Bitcoin Cash. It is considered an “evolution” of Bitcoin. Created in 2017 and based on the same technology, it is a fork of the Bitcoin network, and stands out for the following characteristics:
- It is bigger than Bitcoin, with 31 MB more;
- It is a crypto asset with an attractive cost; and,
- Payment confirmations are more agile compared to other cryptocurrencies.
Because it was created to increase transaction capacity, Bitcoin Cash does not have the Segregated Witness (SegWit) protocol.
Ethereum — ETH
Ethereum is a widely known cryptocurrency and is considered a safe investment. It results from a technology that aims to use the network itself as a resource for the development of smart contracts. This feature helps to increase its value.
Since it was created in 2015, Ethereum has performed very well overall. In the first quarter of 2021, its growth was over 300%.
The currency can be used in initial offers to purchase other assets, NTF registrations, and crowdfunding campaigns, among others.
Built on a customized network, the technology behind Ethereum is flexible and adaptable, allowing the storage of public transactions and records, distributed and secured through encryption, which is, synonymous with security for investors and users.
Dash — DASH
One of the principles of DASH is the protection of users’ privacy. Organized in a decentralized and autonomous way, cryptocurrency also stands out for the speed of transactions and sustainability.
Many people don’t know, but Dash was created based on the initial Bitcoin project. It was designed precisely with the aim of eliminating some problems linked to Bitcoin.
Added to this, it was Dash who introduced Mastermodes, a means of encouraging investors to buy crypto and host the Masters. By choosing this hosting, investors receive 45% in return as a reward.
Dash’s blockchain is self-funded, which guarantees its self-sustainability. In practice, a small part of each block is directed towards the costs of developing, maintaining, and promoting the network. This makes it possible for developers and promoters to be paid for the contribution made to the network.
Dash is a widely accepted currency in the market, in online shopping, in retail stores, when buying airline tickets, and in supermarkets, among others. It is a digital currency with great acceptance in different market segments.
Litecoin — LTC
Another currency that allows for a safe investment, Litecoin works on a peer-to-peer network. This means that the user has the possibility to make instant payments at a very low cost.
The speed in confirming transactions, added to the storage efficiency, makes Litecoin widely accepted by commerce. Since its creation, in 2013, it has increased by 3,014.65%. Discover other features:
- it is four times faster than the Bitcoin network, processing a block every 2.5 minutes;
- transaction confirmation is one of the most efficient on the market; and,
- uses the script function, which makes mining easier even on less powerful computers.
Chainlink — LINK
Finally, we also highlight Chainlink, a cryptocurrency that was created in 2017 and launched for commercialization in 2019. Since then, LINK has raised US$ 32 million.
In 2021, it reached the position of 10th largest cryptocurrency in the world, with a capitalization of $18 million. These numbers draw the attention of the market and investors looking for alternatives for safe products with good profitability.
It is important to keep in mind that there are several cryptocurrencies in circulation. Before choosing, evaluate your needs and investment objectives, be sure to do a good research, and seek the support of serious professionals and companies with expertise in the virtual currency segment.