Best cryptocurrencies to buy in 2022
Well, as on 2022, there are alot of cryptocurrencies ranging from bitcoin, litecoin, etheruem,dogecoin, tether, stellar just to mention a few.
Finding the right crypto to invest in could be one of the hardest decisions you will encounter as all crypto are volatile. Some less volatile, some high volatile.
One thing I came to realise is, cryptocurrencies are good Investments if you plan on doing it long term. Dont buy crypto with intentions of withdrawing next week. Honey, that won't work.
Here are five best cryptocurrencies you should invest in as of 2022
1. BITCOIN (BTC)
Bitcoin has proven itself to be the best cryptocurrency in the world. One bitcoin costed $1 in April 2011 and rose by 3000% in a spam of three months costing $32 but by end of 2011, it slid back to $2. On october 2021, bitcoin had its highest peak at $61,800 as on today it costs $27000.
Generally, bitcoin has a wild flactuation, that why you should make it a longe term investment as it has a lot of potential in the long run.
2. ETHERUEM (ETH)
In 2016, you could buy one Etheruem for $11. It hit its high on November 2021 with it value being over $4800.
As of today, Etheruem has dropped to $1480 bit has high chances of making a comeback soon
3. BINANCE COIN (BNB)
Binance coin was created in 2017 by the binance exchange (Worlds largest cryptocurrency exchange platform). The issue starting price in 2017 was around $0.11. As of now the price is $263 but it is expected to go up.
Imagine if you had bought binance coin worth $600 IN 2017, AS of 2022, it would have been worth over $1.4M! CRAZY! I KNOW!
4. LITECOIN (LTC)
Litecoins future has been in debate for quite a while as it has had a high volatile with its value dropping with 2% every month. However, experts say tha LTC has a long term increase with a prediction of hitting a $316 as of 2027.
Its market issue price is $52 as of June 2022
5.CARDANO(ADA)
On June 12th, Cardano crashed below $0.50 but crypto analysts expects it to bounce back towards the end of June.
It is expected to hit over $5 in 2025 so imagine if you invest cardano worth $1000 today. In 2025, it would be worth $10,000.
So its worth giving it a try.
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