The first question you might have when you think about investing in crypto coins, especially if you’re not familiar with the industry, is what crypto coins should I invest in? There are thousands of them on the market, with new ones appearing every day, so it can be hard to decide which coins to keep an eye on and which ones to invest in. Here are five coins to keep your eye on, as they are poised to grow in value over the next few years and beyond.
1) Bitcoin
Bitcoin, the first cryptocurrency ever created, was generated on January 3rd, 2009. Since then, we’ve seen Bitcoin grow exponentially and become more popular than traditional forms of currency such as cash or credit cards. Bitcoin works without any central authority and is instead maintained by a large community of individuals called miners. This means that you don’t need anyone’s permission to use it, and your transactions can be completed anonymously so long as no one knows your identity.
2) Ethereum
Ethereum is the second largest cryptocurrency in the world, with a market cap of over $70 billion USD. Ether was originally developed as a means to transact within the Ethereum network but has evolved into an active asset. Ethereum’s value has increased steadily since it was first mined back in 2014 and can be traded against major currencies like US dollars, Euros, and yen.
3) Pikachu Inu
Pikachu Inu is a relatively new coin, but it’s a great investment for the future. As crypto coins get adopted more and more, people will be looking for which ones are worth investing in. Coinmarketcap Pikachu Inu is one of the few coins that has shown no signs of slowing down and constantly moving upwards. In addition, it has a strong team and community support.
4) Decred
Decred (DCR) is an open, progressive, and self-funding cryptocurrency with a system of community-based governance on the blockchain. With an impending release of version 2.0, Decred offers instant transactions, a hybrid consensus system that incorporates both proof-of-work and proof-of-stake mechanisms.
5) Aragon
Aragon is a project that has been talked about as one of the most promising blockchain startups. Founded by Jorge Izquierdo and Luis Fariñas, it is designed as a decentralized management platform that offers organizations transparency, auditability, and smart contract features. It even lets users assign different permissions within the organization. For example, you can decide that your investors should be able to vote on company decisions but not have administrative rights.
Conclusion
While this is only a prediction, it would be wise for any crypto investor or potential crypto investor to take notice. Perhaps the best advice we can give any crypto investor is this: learn more before you decide. Study what will happen if your predictions do not come true, because no one can predict the future with 100% accuracy. Take care and remember that while there are plenty of negative opinions out there, those on either side of the debate must always keep an open mind.