Top 3 Best Cryptos to Invest In: A Brief Guide
By Space Coast Daily // February 8, 2023
Would you like to invest in crypto? You might be surprised to see how many different options you’ll have.
Even though cryptocurrency is still a relatively new concept, the crypto market has been flooded by tons of types of crypto. It can make it difficult to start the crypto investing process.
So, what are the best cryptos to invest in? Well, it all depends on who you ask. But there are a few forms of crypto that would be better to start off with than others.
Here are three of the best crypto investments you can make.
- Bitcoin
Bitcoin is widely regarded as one of the best cryptos to invest in. This is largely because it was one of the first forms of crypto ever invented. It’s also because it’s one of the most valuable forms of crypto.
If you take a look at the BTC price history, you’ll find that Bitcoin prices have come down a bit over the last year and a half. But even still, you should be safe making a crypto investment in Bitcoin.
Click here to discover more about the current Bitcoin price.
- Ethereum
While Bitcoin has become the most well-known cryptocurrency over the years, Ethereum isn’t far behind. Ethereum prices have risen dramatically just like Bitcoin prices have.
They may continue to rise as well since Ethereum is both a form of crypto and a blockchain platform that can be used for things like NFTs and smart contracts. There might come a time when both Bitcoin and Ethereum are used in the same sentence as prime examples of what crypto should be.
- Tether
Unlike Bitcoin and Ethereum, Tether is what’s known as a stablecoin. This means that Tether is backed by the U.S. dollar, the Euro, and other forms of fiat currency.
Because of this, the value of Tether tends to be more consistent than the value of other types of crypto. It’s one of the best cryptos to invest in if you’re worried about losing too much money at once in the crypto market.
Tether might not be a household name like Bitcoin or Ethereum just yet. But if you’re worried about dealing with massive peaks and valleys when investing in crypto, Tether might be the best option for you.
These Are the Best Cryptos to Invest In
If you would like to invest in crypto, you shouldn’t pick a cryptocurrency out of thin air and sink a bunch of money into it. You should do your research on a type of crypto first to see what it has to offer.
The best cryptos to invest in right now are the ones that people are talking about the most. Bitcoin, Ethereum, and Tether can all provide you with the value you’re looking for. You should start with them when you kick off crypto investing.
Want to get more advice on investing in crypto? Find it by browsing through our other blog articles.
