Crypto

5 Best Cryptocurrencies To Buy In 2020

Are you thinking of buying crypto assets this year? If so, how can you be sure you are investing in the best cryptocurrencies? While there are plenty of options out there, some crypto coins are likely to perform better than others in 2020. The best part is that these crypto coins can be traded using any of the automate trading bots available in the crypto market. Check out https://coincierge.de/bitcoin-superstar/ for knowing more. Here are the top recommendations from cryptocurrency and financial experts:

  1. Bitcoin (BTC): No list can be complete without a mention of the BTC because the Bitcoin had been the first crypto asset to have been launched ten years ago and continues to hold a position of dominance since. Several other coins have been launched following in its footsteps, some even using the blockchain technology made popular by the Bitcoin. So long as this crypto coin retains its sway over the market, investors will continue to take advantage of its high liquidity rate, even when there are periods of market uncertainty. The “halving” this year is expected to help this crypto asset attain even higher peaks. The reach is also due to the automated trading bots like Bitcoin prime which execute the trade 24/7 without having to invest time and effort.
  2. Ripple: This is a relatively new entrant into the crypto space but one that has made a mark for itself in the world of cryptocurrency investment. It ranks third in terms of market capitalization but is more promising than any other crypto coin at the moment. It is founded on a robust technology and its effective network has led to many new opportunities for its use in fields of banking, payment methods, and international commerce. MoneyGram, the remittance giant, has received more than $11 million from this asset last year for using its technology for their payment solutions. It is keen to grow its partnership with Ripple further emerging as the first money-transferring service provider company to exploit advantages of the blockchain. In February of this year, another popular European money-transfer company Azimo declared that it will use Ripple’s on-demand liquidity for accelerating customer transfer speeds. So, more and more payment service companies are adopting the Ripple.
  3. Litecoin: This crypto coin cannot be ignored in 2020. It is one of the most affordable and fastest crypto coins as far as payments are concerned. It is founded on a strong technology that ensures a high place for the asset in terms of market capitalization. Unlike the Ethereum or Bitcoin, Litecoin can offer a lot of potential and advantages at much lower rates. Since prices are low, a large number of investors can now jump onto the crypto bandwagon. As more and more businesses adopt the Litecoin like the Ripple, the prospects appear better.
  4. Ethereum(ETH): This crypto coin continues to be an influential asset founded on smart contracts. The blockchain allows hundreds of projects to be developed upon it. It is also an accessible investment option for most investors. As more and more decentralized applications get created on the Ethereum blockchain, the more powerful this token is going to become.
  5. Neo: This crypto coin was created by Da Hongei and it is an open-source community-driven asset that leverages the blockchain technology for optimizing digital economy. Since January of last year, this coin has doubled and its price allows it to become a part of any investor’s portfolio. The “Chinese Ethereum”, as it is called, has a market cap of almost $790 million.