I would like to invest in cryptocurrency, Any idea where should I invest and why?
Askrypto Changed status to publish
I would recommend the following:
- BTC (Bitcoin): It is the undisputed king of Cryptos. It has the highest marketshare and is very volatile as well. You should keep your eyes and ears open for any considerable dip in BTC value and purchase how much ever you can afford to loose. As seen in the past BTC has kept springing up from major dips and will keep doing it in the future and will fetch wise traders good margins in short term.
- ETH (Ethereum): Ethereum has the second most popular crypto. It is a bit more stable in terms of fluctuations when compared to BTC. This is recommended if you are looking at long-term investments into cryptos.
- Monero/Dash/BTC/NEO/Stellar/any of the top 15 cryptos in terms of market cap: You can invest in any of these but be sure to distribute your risk across in-order not to loose more than you can afford.
Askrypto Edited answer