Hello everyone, my name is Arthur Red. Anyone associated with crypto will tell you that there is no universal way to make money from cryptocurrency. Some people can make money by mining, some people are experts in trading, and some people just have good stamina and firm confidence, so they become great hodlers. But I would still agree that with some methods, the chance of making decent money from crypto increases. One of the most likely methods is to invest in promising tokens. It is impossible for a beginner to identify them - this is done by analysts and trading veterans. We, together with Exnode experts, have identified the 8 most promising tokens of the second half of 2021. It should be noted right away that this is not a one hundred percent earning option, the final decision on investments you should make on your own. And now we will present a list of coins, in which we lay down exactly:
Which tokens are worth investing in?
First, it's worth answering the question, "Why is it even worth investing in crypto?" As of 2017, cryptocurrencies, especially "titans" like Ether, Bitcoin and Ripple can often be used as payment for goods or services online. And companies like Apple, Tesla, Paypal and others are investing heavily in cryptocurrency. So the first reason is legitimacy. The second reason is the developed infrastructure. Compared to stock and bond exchanges, crypto trading platforms are open 24/7. Withdrawal of funds is not a problem now, because you can always use cryptocurrency exchangers. The third reason - low entry threshold, you can start from 100 dollars, unlike mining which needs at least several thousand "green" dollars.
Our choice was 8 tokens, but initially we were choosing 18 cryptocurrencies. Still, we decided to be safe and chose the most promising ones. Our list will include such giants as Bitcoin and Ether, as well as small projects with market capitalization of less than a few billion dollars. Here is a list of 8 tokens from our analysts:
Bitcoin Cash (BCH)
Another important point. Before you start trading, you need to do 3 things (no, it's not build, house raise your son and plant a tree):
Choose the platform on which you are going to buy cryptocurrency. If you are a beginner, we advise you to use cryptocurrency exchangers. In major Russian cities you can do it in minutes, just choose the exchanger with the most favorable rate. In order not to monitor every exchanger separately, you can use services to monitor cryptocurrency rates. There are free sites, such as exnode.ru, where you can choose the best rate for you and do not lose money on huge commissions.
Choose a cryptocurrency wallet. To keep your digital assets safe, choose a wallet that meets all your needs. There are separate, specialized wallets for each currency. For example, for Bitcoin it is Exodus, Coinbase, for Etherium - MyEtherWallet, etc.
Before making a transaction, do your own research about the cryptocurrency you are about to purchase.
Bitcoin is the king of the crypto world
Investing in Bitcoin is the safest option for investing in crypto. It is by far the most expensive, stable and popular currency. A bit of statistics: if you had invested $100 in Bitcoin in 2009, you would now have a return of $9.2 million. To compare, if you had invested in Amazon shares in 2009, you would have received $3.3 thousand, if you had invested in Apple shares, you would have received $2.4 thousand, and Microsoft investors would have received $1 thousand in dividends. Now Bitcoin is worth about 33 thousand, which is very expensive compared to 2009. But, according to analysts, the rate of the bitcoin can go up to 100 thousand (the more so it has already risen to 64 thousand). So Anthony Scaramucci, founder of SkyBridge Capital, predicts bitcoin will reach $100,000 by the end of the year.
Whether you love Bitcoin or hate it, you can't deny its enviable resilience, total market dominance and continued importance to the cryptocurrency ecosystem. These are just some of the reasons why the flagship bitcoin is called the "King of Crypto."
Bitcoin is the favorite cryptocurrency of investors. Its market capitalization is literally tens of times that of other currencies - as much as $583 billion! Traders will continually benefit from its high liquidity, regardless of the state of the market. And while bitcoin is volatile, it has shown consistent growth over the long term.
Ethereum is a second force in the market
Another very obvious coin on our list. Ethereum has been strong throughout 2020, and in 2021 it broke its record by more than 2 times with a price of more than $4.3 thousand.
Ethereum's success is understandable. The first factor is the growth of the deficit during the last year. The second factor is the launch of Ethereum 2.0, which will