Best Cryptocurrencies To Invest In 2020
It is really not easy to find a good cryptocurrency to invest in order to get high returns from it as you can see cryptocurrencies are highly volatile and too risky to invest.
Cryptocurrency can give you very high returns if you invest in the right one, on the other hand, cryptocurrency can also give you a very high loss if you invest in wrong cryptocurrencies.
So, you must do some research as well as track the developments going on the cryptocurrency project you invested
Also, as you visited here so you don’t need to worry much about it as we are here to help you to find the best cryptocurrency for you for investment, and we do a lot of research from our side in order to find the best cryptocurrency for you that will give you very high returns in future
If you want to be more safe about your investment then it is better to learn as much as possible about your investment cryptocurrency project and stay updated with it as long as you are in it.
We promise you that we will never misguide you and there is no paid content in this post, so we will be honest to write this post and we do our best to provide you right most possible information to you
So without doing any further delay lets start it, Following are the cryptocurrencies that we will find best for the investment in 2020. Also please don’t judge the book by its cover means don’t invest in any until and unless you read every single word written about them.
If you really believe in the tech and want to invest in the future then Bitcoin is best for you to invest your money.
Bitcoin is the first cryptocurrency created in 2009 by an anonymous developer named Satoshi Nakamoto. He discovered the concept of blockchain which is basically a public ledger where all bitcoin transactions are recorded.
Bitcoin is digital money that can be accessed digitally and it does not exist physically like gold and silver. Bitcoin maximalist Andreas Antonopoulos also called bitcoin as the Internet of Money.
Bitcoin is also a revolution in the world of finance as it is a better form of money than all other existing today. Basically, world finance is going to be a new paradigm shift of monetary system, so you must learn, use and own bitcoin in order to be the part of it.
You will find many people saying bitcoin a bad thing and many will say you bitcoin is a good thing but we prefer you to decide it by yourself by understanding and experience the bitcoin technology by yourself (don’t judge anything until and unless you completely know what it is)
check out the following sites where you will find relevant bitcoin-related learning and other materials:
If you don’t know from where to buy bitcoin then you can check out the following article that will show you the best exchanges which are most trusted and with the highest liquidity with many payment methods
->Best Bitcoin Exchanges For Trading
Here we did some work for you, check out the following articles and these will help you to understand bitcoin more:
->What Is Bitcoin? All You Need To Know About Bitcoin – visit here
->Bitcoin Next Generation Money by Harsh Sangwan – visit here
->The Bullish Case for Bitcoin by Vijay Boyapati – visit here
->Why Bitcoin? – A brief introduction to the security, privacy, and freedom of your money. by wiz – visit here
->How To Store Bitcoin In A Secure Way? by Trozer The One – visit here
->Investing in Bitcoin by Hasu – visit here
Bitcoin Source Code – https://github.com/bitcoin/bitcoin
2 Monero (XMR)
Monero (XMR) is a secure, private and untraceable cryptocurrency that was launched on 18 April 2014. With Monero, it is said you are your own bank and completely control your funds as well as your privacy by yourself, you can spend with safety and privately where no one else can see your balances or track transactions.
Monero is a decentralized cryptocurrency in which transactions are confirmed by distributed consensus and then immutably recorded on the blockchain and there is no third-party trust is needed.
Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity. This makes Monero a private cryptocurrency that transactions are not traceable by anyone.
Monero is fungible because it is private by default. Units of Monero cannot be blacklisted by vendors or exchanges due to their association in previous transactions.
Monero price and market cap – https://coinmarketcap.com/currencies/monero/
Monero Website – https://web.getmonero.org/
Monero Source Code – https://repo.getmonero.org/
3 Important Guide To Cryptocurrency Investors on Different Cryptocurrency Scams
There are a lot of scams going on into the cryptocurrency world that increased from copy-pasting bitcoin to creating own scam ideas. To be a good investor you must avoid these types of scams and don’t get trapped by these types of scam projects. So, we are highlighting some most famous types of scams that happened or still going on now (at the time of writing) in order to help you to make you more aware and secure about them.
Here are some most popular types of scams that usually trapped cryptocurrency investors:
- first of all, there will be no next bitcoin, if anyone claiming for their project or cryptocurrency to be next bitcoin and doing greedy promises then they are 100% scammers, please try to avoid these types of scams and do not throw your hard money in these types of scams.
- In crypto most of the projects developing something that no one wanted to use and they have no use and even no future use, they are doing total wastage of investors’ money and earning himself only, you must avoid these types of scam projects.
- There are some projects which are just doing a copy-paste of bitcoin and they are just fooling investors and traders, for example- bitcoin cash(BCH), bitcoin satoshi vision (BSV), litecoin (LTC), etc.
- there are some projects which are totally manipulated by their owners or by the team itself, in reality, they have no use and no intrinsic value, for example- Tron(TRX), Binance Coin(BNB), ripple(XRP), Ethereum(ETH), etc.
- You will be surprised by knowing that there is also some cryptocurrency exist which has working no team or their price is totally manipulated by whales(traders or group of traders having a very large amount of money) and they exist just for fun and these have millions of market cap like Dogecoin. We suggest you stay away from these types of manipulated scam cryptocurrencies.
Only Bitcoin and Monero has real use and have a future need or demand that can grow out of thinking. On the other hand, all other cryptocurrencies are full of shit and stupid ideas that have no demand and no real use case at all.
We hope you enjoyed well and we expect you honestly use your mind and don’t get trapped by any scam in the cryptocurrency world.
At last, we just want to say you please do your own research before investing.
NOTE: We prefer everyone to do your own research and do not follow blindly any source of information. We do not provide any financial advice for trading and investing anywhere, so we are not responsible for any loss or profit. Our main motive is to provide the best possible legit information to the readers, so our all provided content is for information purposes only.