In the era of this pandemic, survival is getting way difficult than it was a few months back. Investment opportunities have declined drastically. Investors are in deep trouble and are looking for something safer and secure. There has been a major makeshift in thinking towards knocking the doors of other investment platforms.
Cryptocurrencies have been a major part of the discussion where one can look to invest in. You surely would be lurking around again if you don’t take action before the next pandemic hits the global economy. Let’s look at the top 5 cryptocurrencies you can look to invest in:
Bitcoin (BTC):
This is one of the most famous cryptocurrencies in the world. Right now bitcoin has the most fan following in cryptocurrencies. The growth of bitcoin has never stopped. This is one of the main reasons why this cryptocurrency has attracted investors from all over the world.
Now as the world is suffering through coronavirus it has been stated that bitcoin will be touching its peak at this time. This has also been stated by the most famous crypto trader Teeka Tiwari. In his Teeka Tiwari crypto recommendations, it is stated that bitcoin will be touching $100k by the end of this year.
Litecoin (LTC):
This is also one of the famous cryptocurrency which you cannot neglect at this time. This comes at an affordable price along with high-speed transactions. This cryptocurrency has huge growth opportunities for its users. Each unit if Litecoin is bellowed $100 due to which a wide number of investors are attracted to it.
With time this cryptocurrency is also growing. They have recently announced that they are going to partner themselves with the ATMs in South Korea through MeconCash. This news is bringing clients from all over the world.
Ethereum (ETH):
This cryptocurrency has a very positive impact on its client. Investors from all over the world have more trust in Ethereum than Bitcoin. This is completely understood that this cryptocurrency growth is solely based on the number of decentralized applications. In terms of pricing and profit this cannot match bitcoin but still, this is a very good and safe investment to do at this time.
Ripple (XRP):
This cryptocurrency has never failed our expectations. You can say this as the most reliable cryptocurrency amongst others. This cryptocurrency has made huge advancements in the field of banking and finances.
Money Gram is one of the famous examples. This company has got a new boost up after introducing this cryptocurrency in their network. They have taken further steps just to strengthen their relationship with Ripple. As ripple has given huge bonuses to them.
There are numerous companies that are using Ripples services. This is also predicted that in this year more companies will be added in its network. With the addition, the prices of this cryptocurrency will automatically go up giving profits to its clients.
Zcash (ZEC):
This is one of the most secure and private cryptocurrency available. This is mainly for the clients who want complete privacy for their investments. The rest of all the properties of Zcash is the same the only thing which separates this from the market is its security.
They encourage head to head transactions which I believe is one of the most secure ways to make a transaction. It is predicted that with the growth of Bitcoin Zcash will also be following its footsteps and will be growing with it.
