Cryptocurrencies are no longer a new concept. It’s been almost a decade that they have been introduced in the market. Now that more people are aware of its benefits, they are interested to invest in it.
There are many cryptocurrencies in existence. If you are new in the field, then chances are that you have less idea about the top cryptocurrencies in the market. But nothing to worry as we are here to help you. In this post, we will tell you about some of the top cryptocurrencies that are worth trading. Learn about these cryptocurrencies so that you can trade now.
Best Cryptocurrencies for Trading
Here are some of the top cryptocurrencies that you should invest your money in. By doing so, you can earn more profits in the future.
When talking about the top cryptocurrencies in the market, we simply cannot miss out on talking about Bitcoin. This is one of the biggest and most popular cryptocurrencies out there.
It currently occupies around 64% of the total share in the cryptocurrency market. Bitcoin is one of the very first cryptocurrencies that were launched in the market. This is why people rely more on this cryptocurrency than the other ones. Bitcoin showed sharp growth in 2017 and if this continues to happen, then it would be a great idea to invest in it in 2020. However, you should keep a check on the changing price of bitcoin.
Another cryptocurrency without the crypto market is incomplete is Ethereum. This is perhaps the second most popular cryptocurrency out there. If you want to invest in a reliable cryptocurrency, then this could be the best choice for you.
The total market capital occupied by Ethereum is around $70 million. This indicates how successful it is. In 2018, the value of Ethereum reached its peak. If the value of the cryptocurrency continues to increase in the future, then it will be a great decision for you to invest in it.
If you have been spending a lot of time in the cryptocurrency market, then you must have heard about Ripple. This is yet another successful cryptocurrency you can invest in. In case, you don’t know Ripple was tagged as the best performing cryptocurrency back in 2017.
However, you should know that the price value of the ripple is lower than bitcoin. It occupies around $35 million of the total market share. This is not just a cryptocurrency, but also a payment method that makes international payments safe and secure.
Lastly, we have Litecoin which occupies around $11 million of the total market share. If you are looking for a profitable cryptocurrency to invest in, then this could be an ideal option for you.
The fact that it has a close relation to bitcoin attracts more investors to invest in it. The advantage of Litecoin is that it can complete a transaction at least 4 times faster than bitcoin.
The world of crypto trading is a complicated one. You need to know the rising and decreasing prices of the top cryptocurrencies to gain profit from your investments.