4 types of investments to get started with crypto:
Below, we highlight some of the best cryptocurrencies for beginners in the crypto market.
Please note that this content is not an investment recommendation, but rather information that can serve as a starting point to help you in your research and analysis.
1. Bitcoin (BTC)
Bitcoin was the first cryptocurrency to become established worldwide and is now the most valuable on the market. In addition, BTC offers the highest level of security and decentralization among other blockchains and cryptocurrency projects already developed.
This means that the functioning of Bitcoin and the transactions carried out on its network cannot be manipulated by any government or entity. It is also worth noting its scarcity, as the supply of Bitcoin was programmed to continue to decrease over time.
These characteristics make Bitcoin less likely to suffer in the long term from news or crises involving private companies and their founders, as well as other problems that state currencies usually face, such as inflation. For these reasons, it has long been one of the best cryptos for beginners.
2. Ethereum (ETH)
Ethereum is the largest blockchain network for developing crypto projects through smart contracts. This technology enables the creation of new digital assets, NFTs, games, and various decentralized financial services.
This generates constant interest in its cryptocurrency Ether (ETH), the most consolidated altcoin in the crypto space and the second largest cryptocurrency on the market, behind only Bitcoin.
For this reason, crypto investment experts recommend starting by researching Ether if your goal is to explore more possibilities beyond Bitcoin.
3. Ripple (XRP)
Ripple is a decentralized payments protocol and has its own currency, XRP. It differs from other cryptocurrencies in that its platform also allows the use of other tokens, which can be both common currencies and assets.
Therefore, its goal is to enable secure and instant payments, connecting cryptocurrencies with the world of regular banking, which makes its use adopted by companies in the sector. In addition, Ripple has other benefits, such as: Low transaction costs, integration of financial systems, instant transactions, fast debt settlement.
4. Solana (SUN)
One of the altcoins suggested by Bazan is Solana (SOL). The cryptocurrency, which suffered a crisis of confidence due to its connection with the failed FTX exchange, has recovered over the past year and has recently closed partnerships with major companies such as AWS, Google and Visa. In late 2023, asset manager VanEck called Solana “infinitely fascinating” and predicted that the token could rise more than 10,000% by 2030 due to the number of users.
