What Coins Have the Most Prospects Now (Which coins to buy to make money now)

08/18/2023 22:42 • Blockchain Briefs • 57 views

What coins have the most prospects now? According to official news, the two hottest projects in the coin market are Bitcoin and Ethereum, respectively, Ethereum and Litecoin. These three projects have made significant progress in the second half of 2018. The bull market in 2018 has excited many investors, who have invested in various new products and assets, leaving a deep impression on many people, especially in the recent altcoin season.

So, what coins have the most prospects now? The answers are as follows: Ethereum: ETH 2.0 upgrade has been completed; Ethereum 2.0 testnet is already live and is expected to launch in August this year; Ethereum Classic: ETC plans to launch the mainnet by the end of this year; Ethereum Classic: DAG file will be released within 10 years and is ready to enter the market circulation.

Which coins to buy to make money now

Which coins should you buy to make money now?

The mainstream cryptocurrencies have undergone a significant change. Bitcoin has reached a new all-time high (breaking $14,000), while other cryptocurrencies have not shown much change. Based on recent market performance, BTC has experienced a significant rise after a round of correction. However, since the market is in a bearish phase, many people are wondering whether to buy spot now and how to choose.

The answer is simple. You must have the corresponding funds to participate in this market, and a significant portion of your investment portfolio needs to be locked. Therefore, it is recommended to hold all these positions in your own hands.

If you are a beginner or have just started to get in touch with cryptocurrencies, you can refer to the above analysis and make decisions based on your risk tolerance and judgment of future trends. For those who are not familiar with cryptocurrency investments, it is best to understand what you are doing and how to seize this wave of sharp rise and fall.

We know that currently the entire cryptocurrency market is still relatively niche. For example, ETH, EOS, and other emerging currencies. Of course, besides Ethereum, there are many other projects that are also striving to find new blue ocean markets, including EOS, which has recently attracted a lot of attention, and its token BNB has even approached $3,000. If calculated at the current price, BNB is indeed a good value target because its token has performed well during the bullish market and has maintained a high growth rate over the past year, even continuing to rise. However, as an investor, I still hope to see more high-quality teams emerging in this environment and constantly innovate and improve products to make more people recognize the importance of blockchain technology. Only in this way can we better help people understand the technical characteristics and applications of blockchain.

Regarding this issue, I have repeatedly discussed in my previous article “How to layout the coin market now” that either consider allocating cryptocurrencies or consider allocating compliance stablecoins. In this article, I specifically talked about this situation, specifically focusing on the variety we are mainly concerned about today, that is, Bitcoin.

Bitcoin is the hottest digital currency this year, and its development history can be said to be very large-since January 2009, the price of Bitcoin has been steadily rising. Although it saw a surge of over 100% at the end of 2017, the price was only a few cents at that time. From the end of 2020 to the beginning of 2021, with the maturity of the market and the continuous issuance of banknotes by central banks around the world, the price of Bitcoin gradually declined, and this trend was stretched again in the middle and late 2020, finally reaching a new record in almost 20 years before the end of this year. The rise of Bitcoin not only reflects its own historical progress, but also shows a huge change in the attitude towards Bitcoin in the entire industry. At the same time, the surge in Bitcoin has also driven the rise of other altcoins, such as XRP, ADA, LINK, and so on.

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What Coins Have the Most Prospects Now (Which coins to buy to make money now)

Which coins to buy to make money now

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