If you have $100 and want to invest in cryptocurrencies, here are three promising coins currently based on analysis and forecasts for 2024:
1. Bitcoin (BTC)
Bitcoin is always the first choice for investors. With expectations of rising to more than $100,000 in 2024, it is supported by factors such as a decrease in supply after the “halving event” and increased institutional investments thanks to Bitcoin exchange-traded funds 【8】【10】.
2. Ethereum (ETH)
The second largest cryptocurrency by market capitalization, it is used in smart contracts and decentralized finance. Ethereum is the basis for many digital applications, making it a stable and promising investment 【9】【10】.
3. Cardano (ADA)
A project that focuses on sustainability and scalability, making it a focus for investors in the field of decentralized applications. With the introduction of new technologies and improved scalability, Cardano’s growth opportunities in the market are increasing【8】.
Additional tips:
• If you are a beginner, make sure to invest in relatively stable coins, such as Bitcoin and Ethereum.
• Diversify your investments and do not put the entire amount in one coin.
• Use reliable platforms such as Binance to buy and trade.
Remember that investing in cryptocurrencies involves high risks, so do your research well and start with an amount you can afford to lose.