The 7 best cryptocurrency to start investing in from now itself for freshers or intermediate.
Let me tell you my sad story first. Just like you, Once i was also reading a blog about cryptocurrency.
My excitement was limitless to invest in any one of the coin but the money i don’t have much to trust and invest here but still i did.
It was a day of September 2021, I downloaded an application and deposited 900 rupee in it after watching some YouTube videos and article and at that time the value of a Bitcoin is near 34,00,000 rupee.
I don’t know why but I only know about Bitcoin. Everything is new for me, even my father has scold me to not waste money and time in this.
But still I couldn’t stop myself and invested my whole 900 rupee in buying like 0.0001 Bitcoin.
I observed it in next day that i got a profit of rupee 5 which motivated me.
But as time past the value of bitcoin is going down and i was afraid of loosing my money and suddenly sold out my whole bitcoin in rupee 901.
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The big mistake i did. You know why?
Just after a month in end of October guess what surprised me.
Ya!! that was the boom in Bitcoin the value of bitcoin cryptocurrency crossed rupee 50,00,000 and I really regret for that day when i have sold those Bitcoin.
I remember that day if i didn’t sold out those 900 rupee Bitcoin then this time i can have the profit of near 2000 rupee with just investing 900 rupee.
I just wonder for those people who bought a bitcoin in rupee 34,00,000 in september and now in the month of November he/she can have the the profit of near 20,00,000 in just 1 month.
As the value of 1 bitcoin is 50,00,000 rupee. Here you can see the stats below
According to statistics, October and November 2021 was a blockbuster month in the world of cryptocurrencies.
With the asset class’s biggest player Bitcoin (BTC), soaring by over 40%.
Several other important coins on this list also achieved all-time highs throughout the month, so it wasn’t simply Bitcoin that went parabolic.
The Shiba Inu (SHIB) currency, which originated as a spin-off of the meme-based Dogecoin, has gone insane, increasing more than 800% in a month and leapfrogging Dogecoin (DOGE).
Best Cryptocurrency to start investing
Lets get back to the track.
You seems really excited to choose your first Crypto right !?
Here are the 7 best cryptocurrency to start investing in now.
Yes!! Offcourse Bitcoin is the one which reminds me of my sad story.
The establishment of the first Bitcoin-focused exchange-traded fund in the United States was one of the drivers for Bitcoin’s recent increase.
The Proshares Bitcoin Strategy ETF (ticker: BITO) began trading on October 19, and excitement about the digital asset’s further mainstreaming drove BTC to an all-time high of $66,930 the next day.
Bitcoin’s inception in 2009 revolutionised money and paved the way for blockchain-based, decentralised currencies that are not backed by any government.
Bitcoin is a must-own cryptocurrency because of its first-mover status, hard limit on maximum circulation of 21 million BTC and potential to become a store of value on corporate balance sheets – a future that Tesla Inc. (TESLA) first hinted at with a $1.5 billion Bitcoin purchase announced in February.
Bitcoin’s value has soared as it has grown in popularity. Five years ago, a Bitcoin could be purchased for around $500.
The price of a single Bitcoin reached above $62,000 on October 29, 2021. This equates to a 12,300% increase.
You can start investing in this cryptocurrency by buying very little amount of Bitcoin as I did.
Ethereum is the next best cryptocurrency to buy, and it’s possible that it’s the only digital asset outside of Bitcoin that deserves to be called a blue-chip cryptocurrency.
Bitcoin has a market capitalization of more than 43%, whereas Ethereum has a market capitalization of more than 19%. No other coin has even 4% of the market share.
In 2021, ETH has eaten into BTC’s market share, starting the year with only 10.8% of the market.
The capability of Ethereum as a platform for decentralised finance, or DeFi, is a significant reason for its rising popularity — and a key way it differs from BTC.
Developers like creating decentralised apps, or DApps, on Ethereum, the world’s most popular blockchain and the go-to network for emerging technologies such as nonfungible tokens, or NFTs. On October 29, Ethereum reached new all-time highs.
Ethereum has also exploded in popularity. Its value increased about 40,000 percent in just over five years, from around $11 to over $4,400.
The second priority in cryptocurrency on which you can invest.
Celebrities and billionaires like Elon Musk have made Dogecoin a popular issue.
Dogecoin was famously established as a joke in 2013, but because to a committed community and inventive memes, it quickly became a popular cryptocurrency choice.
Unlike many other cryptos, such as Bitcoin, there is no limit on how many Dogecoins may be issued, making the currency vulnerable to depreciation as supply grows.
In 2017, the price of Dogecoin was $0.0002. Its price had risen over 145 percent by Oct. 29, 2021, to $0.29.
The most known and popular cryptocurrency after Bitcoin which is very cheaper and can make you rich in future just like bitcoin.
Binance Coin (BNB)
Binance Coin is a cryptocurrency that is used to trade and pay fees on Binance, one of the world’s largest cryptocurrency exchanges.
Binance Coin has grown beyond just conducting deals on Binance’s exchange platform since its introduction in 2017.
Now it is used for trade, payment processing, and even making trip reservations.
Also this crypto be swapped or traded for other cryptocurrencies like Ethereum or Bitcoin.
It was just $0.10 in 2017; on October 29, 2021, it has climbed to approximately $530, a gain of almost 530,000 percent.
Tether is a stablecoin, which means it is backed by fiat currencies such as the US dollar and the Euro and has a value that is theoretically equivalent to one of those denominations.
Tether’s value is intended to be more constant than other cryptocurrencies, which is why it’s appreciated by investors who are frightened of other coins excessive volatility.
Cardano is renowned for being one of the first crypto projects that use proof-of-stake validation.
By eliminating the competitive, problem-solving part of transaction verification seen in systems like Bitcoin, this solution reduces transaction time, energy consumption, and environmental effect.
Cardano functions similarly to Ethereum in that it uses ADA, its native token, to allow smart contracts and decentralised apps.
In comparison to other prominent crypto currencies, Cardano’s ADA token has grown slowly.
The price of ADA in 2017 was $0.02. Its current price is $2.01 as of October 29, 2021. This is an almost 10,000% gain.
Polkadot allows any sort of data or asset to be transferred across blockchains, not only tokens.
This currency acts as a network bridge, allowing many Polkadot-based apps to interact with Ethereum and Bitcoin.
It is, nevertheless, more scalable and speedier. Polkadot has already gained monetary value on exchanges, making it a cryptocurrency to keep an eye on.
These are the 7 best cryptocurrency to start investing in 2021-2022.
How to invest in Cryptocurrency?
It Seems you are very much excited as i am, but don’t know how and where to start?
Here we have various of software and mobile application which is genuinely used in cryptocurrency exchange or trading. Some of the listed examples are.
WazirX is one of India’s most widely used cryptocurrency applications.
It is a popular choice among social media users. You may invest in the crypto exchange app using INR, USD, BTC, and even P2P.
It also has its own coin, WRX, which can be purchased using INR. Other cryptocurrencies, such as Bitcoin, Ethereum, and others, can also be purchased using WRX.
WazirX also allows you to win coins by participating in various contests found in the app’s information area.
It also protects users accounts using two-factor authentication (two-factor authentication) or an app passcode, which can be setup from the phone’s settings.
WazriX, for example, levies a 0.2 percent fee to both the taker and the producer.
You may also use NEFT, RTGS, IMPS, and UPI to deposit any amount greater than 100 in the WazirX wallet.
It’s also worth noting that the first three have a transaction fee of $5.9. UPI transactions, on the other hand, are free of charge.
I also use this application for my all investing in cryptocurrency.
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CoinSwitch Kuber app
With its advertisements, CoinSwitch Kuber received a lot of attention during the IPL.
This platform has attracted money from well-known investors and venture capital organisations such as Sequoia Capital and others.
It allows you to trade in up to 100 different cryptos and claims to have the highest trading rates in the industry.
You must use your phone number to open a crypto trading account. However, you will be unable to trade until the KYC procedure has been completed.
According to CoinSwitch Kuber, the first 100,000 users on the site would not be charged a trading fee for the first 100 days.
It features a straightforward user interface. People are flocking to CoinSwitch Kuber because of the aggressive promotion.
You can deposit INR via NEFT, bank transfer, and UPI on one of the finest crypto exchange applications. However, we are unaware of its security procedures in place to keep crypto assets safe.
Unocoin is another excellent cryptocurrency trade software. It has a straightforward user interface and supports a wide range of coins.
You must create an account and ensure that all KYC (Know Your Customer) requirements are met.
You may also utilise the profile tab’s schedule sale option to automatically sell items. However, while purchasing and selling their assets, you will be paid a fee of 0.7 percent, which is greater than what WazirX charges.
This pricing is valid for a minimum of 60 days of usage, after which Unocoin levies a 0.5 percent fee and promotes you to Gold membership.
If you utilize Unocoin, you must deposit a minimum of $1,000, which is greater than WazirX’s minimum.
Users are not charged any fees while depositing money using NEFT, RTGS, IMPS, or UPI.
Transaction fees of 2% will be charged if you use the MobiKwik wallet.
Furthermore, users using debit or credit cards must pay a charge set by the banks. Biometric security measures such as finger ID and password are also available on Unocoin.
Binance is the finest app to purchase cryptocurrency in India and is one of the most popular crypto exchanges in the world.
It is simple to use and has a straightforward design that is ideal for novices. You may examine your trade history and crypto holdings, as well as purchase and sell crypto.
For more experienced traders, functions like as stop-limit, market order, and limit orders are offered.
The software supports a broad number of alternative cryptocurrencies and has recently added fiat capabilities, allowing users to purchase bitcoins using credit cards.
Zebpay Bitcoin and Cryptocurrency Exchange
In India, ZebPay is one of the earliest apps for cryptocurrency trading. ZebPay began as a project to assist Indians in investing in Bitcoin and other cryptocurrencies.
The ZebPay app for Android has an intuitive design that is clutter-free and easy to use, making it an excellent crypto trading option for seasoned traders as well as newcomers.
To purchase cryptocurrencies, just download the app, register with your phone number, and complete the KYC procedure to deposit funds into your account and begin investing in your chosen cryptocurrency.
You may also upgrade to a Pro membership to obtain access to professional charting tools via a web interface, where you can manage everything from one place.
CoinDCX Go: Bitcoin, cryptocurrency investment app
CoinDCX Go is another app to purchase cryptocurrency in India that allows you to invest in all of the leading cryptocurrencies in a limited amount of time in order to avoid losing a lot of money in the very volatile cryptocurrency market.
The programme has an interactive user interface to assist newcomers in safely investing their money in the crypto market.
The CoinDCX Go app allows you to deposit and withdraw funds in a safe and secure manner.
You may invest and acquire cryptocurrencies with as little as Rs. 100 using the cryptocurrency app.
If you wish to contribute more than Rs. 10,000, however, you must first complete their KYC process and be accepted.
CoinDCX Official created the app, which is available on both Android and iOS.
What is Pi Coin ?
Hey! Hope you may heard about Pi coin if you really have interest in crypto. Not actually a crypto but still we can assume it as upcoming cryptocurrency.
Pi is a new cryptocurrency that can be mined or earned with a smartphone.
It is a long-term project in which the efforts of all participants are critical to its success. In fact, the Pi currency is currently undergoing testing.
They wish to add people as different nodes to the network.
Pi cryptocurrency is also a new sort of digital money that is governed and safeguarded by a community rather than a government or a bank. Unlike Bitcoin, users may earn Pi coins on an hourly basis using a mobile app.
I have around 1000 pi coin and it takes me 7 months. As per research it is estimated that Pi coin will officially launch near the end of December 2021.
Various researchers were telling that in 2024-25 the value of one Pi coin will be in between $30-$70.
I really don’t think so! but same happen with bitcoin too its initial value is near $0 in 2009 but as you know now what value and what popularity it gained. No one can predict the future of growing technology.
This is why I am recommending you to just give a minute in a day to mine in test version of Pi coin.
Do you need 1 pi coin for free .
Yes I can give you, its very simple just download the mobile application from the given link minepi.com and use refferal code “snahal” after login.
Don’t worry it will just take 2-3 minutes to login successfully with your phone number or Facebook account.
Just give a try it will not going to regret you as no investing is required in test or beta version. Give a read to this page to learn more Pi Network a new cryptocurrency can make you rich in future?
What is DOGE Coin ?
How can i invest in cryptocurrency ?
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