Currently, cryptocurrencies are very popular, they are used to earn money in order to pay for any services. There are different types of cryptocurrencies, like bitcoins, Ethereum, Litecoins, and 1000 other varieties.
Each of these currencies is popular in its own way and has its own advantages. However, if you want to orient what crypto to buy now, then you need to follow the news, study various ratings, and determine for yourself which coin will be the most relevant for you.
Features of choosing a cryptocurrency to buy
At the moment, more than 5,000 cryptocurrencies have been registered, but perhaps there are many more. When buying a currency, the key factor is diversification because there is not only one best currency to buy.
Many cryptocurrencies have different use cases, they are used in different industries. It is worth understanding that investing in cryptocurrencies is always a risk, but an even greater risk is the option of investing in only one currency.
It is important to diversify your crypto portfolio. This is a great way to hedge risks, it is an opportunity to increase the chances of participating in the next popular cryptocurrency.
It is important to consider different factors when choosing a cryptocurrency. If you are interested in buying, then you need to evaluate the value of the currency, its liquidity, volatility, and other indicators.
It is important to firmly understand that you are acquiring the best cryptocurrency for yourself. If you are a crypto exchange player, then you should choose a popular cryptocurrency on CoinLoan.io. Choose more advanced options because:
- they can bring more profit;
- require more knowledge;
- they are more volatile;
- they are regularly growing.
Bitcoins
First of all, the most famous cryptocurrency is bitcoins, it is a widely used currency, and today, it is often called the king of cryptocurrencies. Bitcoin is a global peer-to-peer digital cash. This is a cryptocurrency that every beginner can start with.
Bitcoin has the highest liquidity in the world, so there will be no problems with buying or selling Bitcoin for cash. Despite its volatility, bitcoin is one of the most stable cryptocurrencies.
Bitcoin works on a new system, which is popular among miners, giving the opportunity to receive a reward for the blockchain. In addition, it is worth knowing that bitcoin can be an excellent investment because it accounts for 60% of the entire cryptocurrency market.
It has huge momentum, it is the best currency for investing in 2022. Despite the fact that bitcoin has been known for a long time, no other currency has been able to displace it, so it remains the most popular currency.
Litecoins
You can also consider such an option as Litecoins. This is one of the cryptocurrencies that emerged after bitcoin. It has also been popular for the last decade, it uses the Bitcoin source code, but there are some technical changes.
The mission is to become a global peer-to-peer currency. The currency is liquid, has a good market capitalization, it is more securely held compared to coins with a higher risk and a lower capitalization.
This offer is limited to 84 million, while Bitcoin has only 21 million. No less high block reward and faster block time.
Roughly speaking, if Bitcoin is gold among cryptocurrencies, then Litecoin is silver. In addition, it has a significant advantage over Bitcoin — it is faster and cheaper. This currency is being promoted to first place for purchase in 2022.
Ethereum
Another popular one is the Ethereum currency, which is one of the major projects on a smart contract. Contracts are a special type of development, it is mobile, centralized, and run on top of the blockchain. More than 1000 tokens have been issued. It is also known that the liquidity of this currency is quite noticeable.
This is the 2nd and 3rd place after Bitcoins. You will have no problems with the sale or purchase of this currency. As for the price, it remains stable while continuing to grow in the long term. This is one of the best currencies for investment, it is the current leader among smart contract platforms. Despite its long existence, it still remains popular this year.
Binance
One of the most popular is the Binance coin (BNB), unlike bitcoin and Litecoin, it is a service token, its value lies in how useful it is.
This currency was created by the owner of the company Binance, it is one of the most liquid cryptocurrencies, always has a high rating, as well as a steadily growing volume of trade.
The currency has shown itself to be very stable while regularly increasing. 200,000,000 coins were issued at a price of 10 cents per coin.
However, in the future, discounts for owners were guaranteed. Users receive a 50% discount, then it decreases every year, as a result, it is 6,75%. The currency is a good investment because it has found many ways to use tokens.
Demand increases, therefore, its price also increases. In addition, according to analyses such as the BNB Price Prediction 2025, it is known that this currency is one of the fastest growing in the world because it is used for transactions on the exchange.
If you want to diversify the portfolio of cryptocurrencies, it is best to add the Binance currency, which has a solid history, was created by an experienced team and remains popular.
BAT
Also, one of the most popular is the BAT-based attention token, which is a service token often used to tip content creators.
This is a useful currency on the Internet, you can tip monthly, and send lump-sum payments. The BAT is also a payment for the user who watches the advertisement. As the ad is viewed, the funds are transferred to the brave browser as well as to the viewers.
The liquidity of this currency fluctuates, but most often, this currency is in the top 40 best-selling moments. As for the price, it is quite stable compared to other currencies. It is suitable for accumulation.
In total, there are more than one and a half million tokens. If demand is growing, then price estimation is just as important. The token is actively used, and browsers show good growth in popularity and excellent reviews.
Monero
If we consider other popular currencies, then Monero is worthy of a separate category, this is a project that is focused on privacy. Monero XMR has fancy cryptography, it has increased privacy.
This allows you to completely hide the identity of the participants, so Monero is used when a person goes to the darknet, therefore, it is the most popular currency in order to hide all the data yourself.
Monero has always had an anonymous launch, so the exact image of the developer’s manufacturer is unknown. This is a highly liquid coin that is always at the top of the coin market. If you want to buy or sell such coins, then there is always a big choice.
To meet the needs, Monero has a fairly high user base and market capitalization, but at the same time, remains more stable and less risky than those coins with a smaller market capitalization.
Many people use it for payment in the darknet markets. It will always be in demand due to dark markets, and it has quite old-fashioned technologies, but its popularity and liquidity make it one of the best coins to buy.
NEO
If you are interested in more coins that are popular, then it is best to choose the NEO currency, this is a platform for smart contracts that was launched a long time ago.
Such coins are more centralized than Ethereum, but they are usually in the top 25, which makes them completely highly liquid due to their high dependence, and liquidity on price.
However, it is important to think about how safe and stable your investments will be. It is assumed more than 200 million NEO. At the same time, 50000,000 were sold to early investors, and 15000000 were unblocked for development financing.
Tokens are focused on a vast market, this coin is a world leader because China is a huge market. This is one of the best cryptocurrencies to buy if it is important for you to hedge against Ethereum. These currencies are always relevant and remain popular.
Beam
Another fairly popular currency is Beam, which is a cryptocurrency that focuses on privacy. It may remind some of the Manner, but at the same time, Beam uses a new blockchain protocol.
In addition, this currency significantly affects the scaling of the blockchain, and the speed of the transaction but still leaves an excellent level of confidentiality and anonymity.
It has high liquidity because it has a lower market capitalization, investors remain very active, and in selling and buying high.
The price of Beam is stable, but since this currency is relatively new, you should be prepared for the fact that at any moment, it can both rise and fall, which is one of the dangers.
This currency is very similar to bitcoins and Litecoins, people invest in physical mining equipment and create base coins. This currency is popular due to the fact that it is focused on privacy.