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The ups and downs of cryptocurrencies are huge. There are huge increases of thousands of times, and there are also "return to zero coins" with a drop of 99%. Even in a big bull market, there are many people who lose money.
Today I would like to talk about which cryptocurrencies are worth investing in. This should be a question that all friends in the currency circle are concerned about. I hope everyone needs to be aware of it when investing.
Types of High Value Cryptocurrency
1. Faith-driven: Bitcoin BTC
Although the market value of Bitcoin accounts for the overall market value of cryptocurrencies is declining, Bitcoin is synonymous with cryptocurrencies and has the most computing power in the entire network.
Bitcoin is the vane of the entire cryptocurrency market. It can be said that when Bitcoin rises, the market will rise, and when Bitcoin falls, the market will fall. If Bitcoin falls, then if there is no skin, there will be no hair!
2. Hard currency types: ETH, USDT, etc.
ETH brought the blockchain into the 2.0 era, and the rise of smart contracts made ETH a hard currency. In addition, both private placement and ICO crowdfunding use ETH as the raising currency, and the status of the second cryptocurrency of ETH is extremely consolidated.
As a general-purpose token, USDT is the connection currency for the exchange of fiat currency and cryptocurrency, and maintains a 1:1 exchange relationship with the US dollar. In the current situation, USDT is a safe haven among cryptocurrencies.
3. Basic type of public chain: ADA, ELF, NEO, etc.
A blockchain project with a public chain has huge technical barriers and application expectations. The continuous landing of various applications based on the public chain will bring huge real value support to the public chain cryptocurrency.
4. Anonymous: XRP, XMR, Zcash, etc.
Cryptocurrency using anonymous encryption technology is a hidden way of asset transfer and a property refuge for many illegal businesses. The huge social "just needs" make anonymous cryptocurrencies very useful.
5. Exchange tokens: HT, OKB, BNB, GT, etc.!
A cryptocurrency exchange like a "nuclear money printing machine" is the center of the flow of the entire blockchain, and the tokens it issues are more practical than ordinary cryptocurrencies.
Finally, I wish everyone a smooth investment [Struggle] [Struggle] [Flowers]
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