No one can tell you exactly where to invest or what will happen to any of these cryptocurrencies. But this is a good moment to look at the ones that show the most promise.
Bitcoin
The cryptocurrency that started it all is still the most popular, despite its problems. At around $41 billion, it has the biggest market cap. It's been on the market for eight years, it's widely used around the world, and no one found an easily exploitable weakness in the way it works yet. Bitcoin is one of the best cryptocurrencies to invest in for beginners.
Ethereum
Ethereum is a different beast than Bitcoin. Thought up by wunderkind programmer Vitalik Buterin, it can do many things Bitcoin can do, but its primary purpose is to be a platform upon which decentralized applications can be built.
Ethereum
Ethereum is a different beast than Bitcoin. Thought up by wunderkind programmer Vitalik Buterin, it can do many things Bitcoin can do, but its primary purpose is to be a platform upon which decentralized applications can be built.
The main difference between the two is in their blockchains. Bitcoin's blockchain basically records a type of contract, one that says that some digital funds have moved from one digital address to another. Additionally, you can run some simple applications on top of Bitcoin's blockchain. But Ethereum expanded this significantly. Its scripting language is more advanced, and its smart contracts can be complex applications with a far wider range of uses.
Litecoin
Litecoin is an alternative to Bitcoin that aims to fix several issues that are holding Bitcoin down (or are at least perceived to). It's not quite as innovative as Ethereum, and its value is mostly derived from solid user adoption. There's also a key difference in leadership. Litecoin is led by ex-Googler Charlie Lee, who's active on Twitter and transparent on what he's doing with Litecoin.
In my option these are the three best cryptocurrencies to invest in. Right now ethereum is on the decline but it is projected to bounce back in the coming weeks. This makes it a perfect time to buy ethereum
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Very good post. I was about to post a similair post. Cryptos will probably go through a more extreme pattern that bitcoin went though. High ups and high downs before it becomes stable. We do need more indept investment analysis. Does anyone know about: https://www.coincheckup.com It's a great site that gives in depth research on every tradable cryto in the market.