List of the best cryptocurrency to invest

List of the best cryptocurrency to invest
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Whether or not you want to invest in cryptocurrency, you must understand what it is and how it works. This will help you decide if this investment opportunity is right for you. Cryptocurrency is a digital currency that uses encryption techniques to regulate the generation of currency units and verify the transfer of funds. It has no ties with any banks or governments, so its supply cannot be manipulated by anyone and thus remains independent from any monetary policy or economic cycle. The best way to trade in these cryptocurrencies is

Bitcoin (BTC)

Bitcoin is the first and most popular cryptocurrency. It has a market capitalization of over $100 billion, making it the most valuable cryptocurrency. It is also the most secure and private digital currency. The security measures make it easy for users to protect their financial information from being hacked or stolen by cybercriminals and hackers.

Bitcoin is also one of the most liquid cryptocurrencies on the market today because there are many places where you can spend this digital coin without converting your holdings into fiat currency (i.e., dollars).

Ethereum (ETH)

Ethereum is a platform that can run smart contracts. It’s a decentralized platform that runs smart contracts. Ethereum is a blockchain-based, open-source distributed computing platform. In layman’s terms, you can use Ethereum to create applications on top of its blockchain network, and users can use Ether tokens as currency on this network and other cryptocurrencies they may have. This means users can buy goods and services through these apps using Ether tokens instead of cash or credit cards; however, you don’t need any cryptocurrency to access these apps since they’re accessible through traditional payment methods, too (i.e., USD).

Litecoin (LTH)

Litecoin is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. It is also referred to as “the silver to Bitcoin’s gold.” This means that it shares many features with Bitcoin, but its value is much lower than that of the original cryptocurrency.

Tether (USDT)

Tether is a stablecoin. That means it’s a cryptocurrency backed by fiat currency like the US dollar or Euro, usually 1:1. The USDT token can be used for trading on exchanges and transferring across them without having to do complicated conversions.

Ripple (XRP)

Ripple is a real-time gross settlement system (RTGS), currency exchange, and remittance network. Launched in 2012, Ripple purports to enable “secure, instant and nearly free global financial transactions of any size with no chargebacks.” It supports tokens representing fiat currency, cryptocurrency, commodity, or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based on a shared public database or ledger that uses a consensus process that allows for payments, exchanges, and remittances in a distributed process.

Chainlink is a blockchain-based middleware that bridges cryptocurrency smart contracts and off-chain resources like data feeds, various web APIs, and traditional bank account payments. Chainlink allows for secure and auditable access to data from sources that may not have sufficient cryptographic security or are not able to deliver real-time results. It’s a decentralized oracle network that allows anyone to request data from web APIs and feed it into smart contracts. 

You can think of Chainlink as an agent on your behalf. When you ask it to do something for you (such as execute some code), it pays other participants in the network for providing services needed by your program (like accessing data or making payments).

Finding the best cryptocurrency to invest your money in can be difficult. Many factors go into choosing the right coin, including price, market cap, and volume.

To help you find the best cryptocurrency to invest in, we’ve created this list of the top 10 cryptocurrencies with their current prices and market caps as of January 2019.

Final Words 

We hope this list of the best cryptocurrency has helped you make your decision. If you are still confused, we suggest you go with bitcoin or Ethereum, as they are the most popular and trusted cryptocurrencies. You can also invest in other coins listed above, which have been doing well in terms of price and market cap.