Crypto is a very volatile market risk or losing money and reward of making money is very high so you should only invest the money that you are willing to lose. Distribute your investment across crypto never invest in a single crypto currency,it is most important how much you are investing in each of the cryptocurrencies and in which category you should invest in. And for that reason it becomes very important that you pick cryptocurrency across categories and also distribute your invest ment depending on the risk in that particular set of cryptocurrency.
Bitcoin
Bitcoin is the most established crypto currency in the crypto world. It is the first crypto currency in the world with largest crypto currency in terms of market value.Bitcoin long term value dirive from the supply mining cost and acceptance, where the supply of the bitcoin is limited, only 21 millions of bitcoin can be in the world. In lots of countries they are accepting bitcoin for trade where you can buy any thing through bitcoins.
Ethereum
Its is the second largest cryptocurrency. Ethereum wants to wide ragne of products and services to decentralized through crypto currency, its provides a block chain where software developer can develop applications and deployed their application in ethereme blockchain, it can be payments app, investment, insurance, trading, gaming and many more application can be deployed to leverage the block chain technology. It can give you the best returns of your capital.If someone had invested 1000 in 2016 now it could be more than 1 Cr.
Binance Coin
Binance coin a decentralized crypto coin that is built on top of the Ethereum blockchain. It is an ERC-20 token as it is built on top of the Ethereum blockchain. This coin is launched by Binance crypto exchange. And most of it is also used on the cryptocurrency exchange of Binance.
Binance coin’s pricing or intrinsic value it derives from its usefulness i.e. its use by traders in dealing with other cryptos on the Binance platform. The 1-year pricing efficiencies from Binance Coin are good at 84.48 percent.Suffice it to say that Ada lives on the Cardano blockchain. Ada is a proof-of-interest coin that fuels Cardano. It aims to provide quick and secure transfer of value and allows users to operate smart contracts and applications.
