Hello Crypto Investors,
Are you looking answers for your question “What is the best cryptocurrency to invest in right now?”
Since the launch of Bitcoin the cryptocurrency is growing very fast and every day a lot of new cryptocurrency or coins or tokens are launched.
Built on the Blockchain Technology these crypto currencies are creating their own independent economies.
It is actually very difficult to say which cryptocurrency is the best for an investment.
Cryptocurrency Investment Strategy #1
There are different strategies that you can use for a long term investment and the first one is to invest on the top 10 cryptocurrencies by Market Cap.
It is wise not to only invest in one cryptocurrency, but to diversify so your winnings can make up for your loses.
Cryptocurrency Investment Strategy #2
A second strategy is to invest in cryptocurrencies that are still under $1 per coin, in the hope that they will gain in value in the future.
Here too, you need to diversify and do your homework researching the team behind the cryptocurrency and what is special about it. You certainly don’t want to invest in something that is just there to speculate and don’t offer something different like technical improvements over another coin.
Cryptocurrency Investment Strategy #3
A third strategy and my personal favorite strategy is to invest in penny cryptocurrency, in the hope that they turn your fortune around.
Maybe you would be interested to watch this video by Jerry Banfield. I often follow his good advices.
If you are looking to invest in cryptocurrency for a long time you can read these answers on quora.