What is the Best Cryptocurrency to Invest in?

In early 2019, Ripple announced they were giving investors a choice between 3 cryptocurrencies to invest in. There’s now a choice for the more prudent and there’s also a way to invest in cryptocurrencies where they stay stable but you don’t have to actually buy the currency itself.

I found a way to get more stable currency. For less risk of your capital being wiped out, it’s a great option. Ripple (XRP) was the choice in December of last year, but they chose between Ethereum, Cardano and Stellar and we’re the only real choice now because the others dropped out. Stellar is a blockchain, so if you’re into investing in currencies that have a stable supply, this might be worth a try. Another good thing about investing in currencies is that you don’t have to actually invest in them. If you’re investing in Ripple because you’ve heard it’s the next bitcoin, you’ll be surprised to hear that it has a different currency code than bitcoin but you can buy the actual currency and keep it in your wallet so you’ll never lose it. If you put your money in Stellar instead, it will stay in there as long as it has something to give you back. For those who want to get the most from cryptocurrencies, it’s a good way to use them to get some money from them that you can keep safely and then reinvest in another currency and continue the process. I’ve been using Ripple, Cardano and Stellar for the last few months and so far I’m very happy with the results. Here’s a brief overview of each and why they’re good investments to start with. Which Crypto Is the Best to Invest in? Stellar is a good choice because it’s got a good reputation. This is another reason to invest in stable currencies as it’s also a good investment for a long-term hold. Cardano was a cryptocurrency made up of different types of currencies. When the team behind it started to run into issues they dropped out and it dropped to about $1. This shows that all currencies go down in value over time, even those that start out doing very well. There’s a way you can invest in stable currencies so you don’t actually have to buy any of the currencies yourself, so you can keep the coins in your wallet to build up your investment. You get a bit back for each coin you sell, so you get an incentive to sell them every now and then. The way this works is that you have an index fund where you can invest any amount in the fund and when you invest, the funds management team sell any of the currencies and reinvest them. Your stake automatically grows each month because they’re holding more of your fund in your currency of choice. They give you back all the currencies you sold, but as an incentive, they pay you a small amount of money every month. This is the best of both worlds because you can get some money back and if you sell all your coins at one point in time, you’ll get more money back as they’re reinvesting your funds. Investing with Cryptocurrency: The Benefits of Using a Decentralised Blockchain Ripple is also a great choice because it’s a blockchain. You can use it for business. You can’t use the blockchain from Stellar because it’s not a blockchain, but Ripple works exactly like any other blockchain and you can use it to accept payments or send them from one place to another.