Any recommendations on what cryptocurrency to invest right now? TIA!
Bitcoin! And if you want an altcoin, go with ETH!
The year 2021 has so far been a mixed bag for cryptocurrencies. It was the year when Bitcoin touched a new high of nearly US$65,000. This was followed by a crash and Bitcoin lost almost half of its value.
But the crypto world is not about Bitcoin alone. The most important term is ‘decentralization’. With the best use of underlying blockchain technology, new platforms with their own native tokens are emerging. These are trying to weed out the role of intermediaries and centralized authorities from finance.Not just these decentralized finance (DeFi) platforms, even DeFi games captured investors’ attention in the year 2021.
Against this backdrop, let us find out which can be the top 5 cryptos of 2022. Now that we are into the last quarter of 2021, these five can be an interesting investment destination.
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Bitcoin and Ethereum, since they are the most popular and there is a lot of available information about both.