Reasons why people invest in cryptocurrency
Cryptocurrency has become an attractive investment channel for many reasons:
1. Huge growth potential
Cryptocurrency can yield huge profits in a short time, like Bitcoin (BTC) which once rose from a few dollars to tens of thousands of dollars.
Many blockchain projects have the potential to become technological foundations in the future, significantly increasing their value.
2. Decentralization and financial independence
Cryptocurrency is not controlled by any central bank or government, allowing investors to avoid the risk of currency devaluation due to inflation.
3. Practical utility
Some cryptocurrencies have specific applications in real life, such as smart contracts (Ethereum), fast international payments (Ripple), or value storage (Bitcoin).
4. High liquidity
The cryptocurrency market operates 24/7, allowing investors to trade at any time with good liquidity.
5. Easy access
With a small capital (even a few USD), anyone can start investing in cryptocurrency, getting acquainted with blockchain technology and the global financial market.
List of cryptocurrencies with investment potential
Below is a list of cryptocurrencies suitable for both newcomers and long-term investors, classified by safety level and profit potential:
Stable group (long-term foundation)
Bitcoin (BTC)
Digital gold, the best value storage, is the leading currency in the market.
Ethereum (ETH)
Leading smart contract platform, widely used in DeFi and NFT.
Binance Coin (BNB)
Token of the Binance exchange, widely used in the Binance ecosystem.
High growth group (long-term potential)
Cardano (ADA)
Sustainable blockchain, focusing on research and technology improvement.
Polygon (MATIC)
Layer 2 scaling solution for Ethereum, low fees and fast speed.
Polkadot (DOT)
Connecting blockchains, expanding interoperability between systems.
Solana (SOL)
High-performance blockchain, supporting fast transactions and low costs.
High-risk group but with breakthrough potential
Ripple (XRP)
Cryptocurrency focused on cross-border payments, potential price increase if legal issues are resolved.
Dogecoin (DOGE)
A meme coin, but with a strong community and receiving attention from Elon Musk.
Shiba Inu (SHIB)
Another meme coin, but expanding its ecosystem (SHIB Metaverse, Shibarium).
Suggested investment strategy
Reasonable capital allocation (1000 USD):
60% (600 USD): Stable group
BTC: 300 USD
ETH: 200 USD
BNB: 100 USD
30% (300 USD): Growth group
ADA: 100 USD
MATIC: 100 USD
DOT or SOL: 100 USD
10% (100 USD): High-risk group
DOGE: 50 USD
SHIB: 50 USD
Important note
Only invest the amount you are willing to lose: Cryptocurrency is highly volatile, and risks always exist.
Research before investing: Understand each type of coin, project, and how they work.
Set clear goals: Do you want to invest long-term, short-term, or just to learn about the market?
If you want to experiment, start with a small capital (1-5 USD) to get familiar and monitor the market!