What cryptocurrency to invest in?
There are a lot of important factors to consider before investing in any cryptocurrency. These include security, acceptability and portability. Your currency of choice should be as widely acceptable as possible to ensure that you can use it as a means of exchange. It should be easy to transfer it from one place to another and its framework should have security at its core.
Bitcoin is one of the most popular investment choices. Its ever ascending value offers a great return on investment. Ethereum is also highly favored by investors. This is because of its smart contract capability that enables developers to build apps on its platform. Litecoin is loved for its remarkable stability in this volatile market.
A general rule of thumb when it comes to investing in virtual currency is to spread the risk as much as possible. Many times when one coin plummets in value another one registers a subsequent rise. When you have invested in both of them you will hardly feel the effect.