Which ones do you think are the best crypto currencies? Which cryptocurrency will rise? When making a list of currencies to buy for cryptocurrencies that will rise in 2024, we should pay attention to how cryptocurrencies gain weight and their "reputation in the market". This article describes the most interesting cryptocurrencies for trading and long-term investment and shows the pros and cons of each virtual currency.$BTC
Every person and every company can issue its own money. In the Middle Ages, every more or less powerful nobleman could produce his own coins, now in the crypto world the process of making money is much easier. A cryptocurrency is not guaranteed by any government and exists on the market until others want to sell or buy it. So if no one wants to buy it, its value will be almost zero. The only question is trust - in the project, in the person who initiated the project, in other things that can raise money. However, this is not just a tool for investment or speculation. It is a possibility that blockchain companies will attract money and attention to the projects they offer. So the new possibilities offered by the company - this is what makes cryptocurrency interesting and attracts the attention of investors and speculators. The volatility of the crypto market is higher than the stock market. If we dig deeper into the years, we can see how cheap bitcoin is and how much money the early miners and investors have made so far. Therefore, there is no answer to the question of which coins will rise the most and which cryptocurrency will continue to grow and whether it is worth buying. No one could have predicted the fall of UST, a reliable cryptocurrency. There are speculators who move to “drop” this or that cryptocurrency and buy it cheaply, there are unforeseen events such as the sudden death of key people, and there are political events - so many factors that influence. Therefore, the only way to choose the best cryptocurrency to invest today is to consider various factors and choose reliability in favor of quick income. The fastest rising cryptocurrencies or the highest rising cryptocurrencies may not be the best choice.
Cryptocurrency with the highest potential: what to pay attention to? First of all, we must understand that the best cryptocurrency to trade and the best cryptocurrency to invest right now are not the same coins. Most people who want to make day trading profits from the ups and downs of this currency deal with extremely insensitive trading and high volatility. Day traders do not care about the future of one coin as long as they can easily swap it for another. There is an easy answer to the question of which cryptocurrency to buy in the short term today – any actively traded cryptocurrency, as long as you plan to make many transactions. There is a high chance that this coin will disappear from your portfolio after a while. The only question is to choose the best strategy to profit from price fluctuations. Investors are interested in “Buy and Hold” currencies. They need an asset that will grow steadily despite all the ups and downs. Therefore, they need to consider the following:
• When cryptocurrency appears Cryptocurrencies that have appeared recently may bring higher profits, but perhaps it is a fraudulent project that will collapse more or less quickly and investors may lose their money. A cryptocurrency that has been around for several years can be considered the best cryptocurrency to buy right now. • People behind the project For example, TON was founded by the owners of Telegram. This adds credibility to the cryptocurrency, even though the project does not promise high profits.
• Genel popülerlik
Örneğin, Sweet Love Portion, popüler bir bilgisayar oyunu olan Axies'ten bir oyun kripto parasıdır. Son zamanlarda düştü ama oyunun popülaritesi nedeniyle hala piyasada. Axies sevenler, yaratıklarını yetiştirmek için bu para birimine ihtiyaç duyar ve bu nedenle para birimini desteklerler.
• Geçmişteki değer değişimi
Madeni paranın fiyatının yıl boyunca artıp artmadığına bakmak doğal bir şeydir. Örneğin, BTC yaklaşık 30.000$'a mal oluyor, bir yıl önce yaklaşık 33.000$'a mal oluyordu. Yani BTC, uzun vadeli bir enstrüman olarak o kadar çekici görünmüyor. Ancak BTC'nin Kasım 2021'de yaklaşık 60.000 USD'ye mal olduğunu hatırlıyoruz. Yani bir yatırımcı Bitcoin'i Haziran 2021'de satın almış ve Kasım 2021'de satmış olsaydı, yıllık yaklaşık %200 kar elde edebilirdi. Kazancını staking için koyabilir ve ek para kazanabilirdi.
• The project itself If an investor knows a lot about the project itself and is confident in the project, investing initially and waiting until the price rises may be a good way to go. It's a risky investment, but the return can be very high. Therefore, a long-term investor should consider “traditional” more or less stable cryptocurrencies for investment. For example, Monero cryptocurrency was around $2 at the beginning of 2014, around $300 in 2017 and is still on the market. Monero is popular among online gaming lovers and casino lovers as it ensures anonymity of transactions. As such, it is highly dependent on anti-money laundering regulations in various countries, but is demanded by those who want anonymity. Coins like BNB and Huobi tokens are “connected” to crypto exchanges. So, if the crypto exchange crashes, the coin will not survive. • Daily transaction amount If it is relatively high, it means it is in demand and therefore supported by traders. • Market capitalization This is the total market cap of all specific tokens. The larger the market cap, the more stable the cryptocurrency.
• Politik meseleler