For a beginner, it is worth taking the time to understand the cryptocurrency chosen and become aware of the benefits and risks involved. Here is a quick breakdown of the key features of cryptocurrency to consider while choosing the one to buy: How To Decide Which Cryptocurrency To Buy (2021)

Decentralized. Cryptocurrency is designed to offer a payment system that is free from government or bank involvement. They are operated by a network of nodes around the world that are responsible for maintaining the network and work collectively following predetermined protocols.

Scarcity. Most cryptocurrencies have a limit on their total supply.

Cross border transactions. Cryptocurrencies offer the perfect bridge between countries as their transaction fees are minimal and both parties can effortlessly convert the cryptocurrency to their local fiat.

Technological innovation. Blockchain technology has proven to be the greatest innovation of the last decade as more and more corporations look to incorporate the technology into their businesses.

Divisible. While each cryptocurrency varies in how divisible it is, in general cryptocurrencies can be broken down into smaller fractions to enable more investors to buy in and more transaction capabilities.

Here are also some cryptocurrencies that offer a strong investment value, categorised in the guide above so you can take a look at the list to determine which cryptocurrency best suits your investment portfolio, and which ones to do more research on (with more details on each of these coins):

Highest Adoption Rates: Bitcoin (BTC)

Most Versatile: Ethereum (ETH)

Fastest Transactions: Ripple (XRP)

Closest Alternative to Bitcoin: Bitcoin Cash (BCH)

Highest Growth Potential: Chainlink (LINK)

Payments Driven Bitcoin Alternative: Litecoin (LTC)

Privacy Coin: Monero (XMR)

Best Ethereum Alternative: Cardano (ADA)

Ethereum Rival: EOS (EOS)

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