Investing in cryptocurrency – how to preserve and increase assets

We live in a world where money solves, if not all, then most of the problems. Therefore, it is very important to properly manage your own capital, to make investments wisely in order to significantly increase your savings in the future. People invest in bank deposits, stocks and crypto. The former are not very profitable; buying / selling shares requires serious analytical work. Our blog is all about investing in digital finance and everything that goes with it.

Where better to invest

Investments in an asset such as cryptocurrency have been of interest to people since its inception. Many consider such investments to be risky and prefer to keep their money on relatively reliable, but low-profitable deposits. However, as the famous economist Robert Allen said: “How many millionaires do you know who built their fortune on interest from the deposit? Here I am about the same. “.

With regard to the profitability of the crypt, for example, in August 2019, 1 Bitcoin was worth approximately $ 12,000. In early December 2021, more than $ 50,000 is given for it. This topic will always be popular and discussed, but how to enter it correctly. What cryptocurrencies should you invest in? We will briefly tell you about this below.

The most popular types of cryptocurrency

There are many types of cryptocurrencies. Let’s consider the most popular and relevant:

  • Bitcoin (BTC);
  • Binance coin (BNB);
  • Ethereum (ETH);
  • NFT .

Now, briefly about each of the digital currencies listed above.

  1. Bitcoin.

Perhaps the most famous and popular crypt in the world, which was released in early 2009. Bitcoin is being accepted by more and more companies all over the world (Amazon, eBay, etc.). Bitcoins can be used to pay for travel, purchases in online games, and much more.

  1. Binance coin.

Binance coin is the token of one of the largest cryptocurrency exchanges Binance. It is not only one of the key elements of its ecosystem, but also part of the blockchain Binance is a direct competitor to Ethereum.

  1. Ethereum.

The second largest cryptocurrency by capitalization (after Bitcoin), which interested not only startups, but also large developers (such as Microsoft).

  1. NFT.

Non-fungible token. NFT tokens exist in a single copy, contain identifying information. They cannot be copied or shared. Such tokens are proof of the right to any object.

There are other popular altcoins , but those listed above are considered the most interesting and promising. If you are interested in cool, useful information regarding investments in cryptocurrency – read our blog. Here you will find these and other topics in detail and in detail.