Altcoin Investor
Best Cryptos to Buy Now
When determining the best cryptocurrencies to buy now, it’s necessary to take into account the current market cycle. Since earlier this year, the crypto market has been in a bear market, which means that solid (blue-chip) crypto assets are now available at a major discount.
Some of the largest market cap coins and tokens have since dropped by more than 70% from their prior all-time high, offering an attractive entry price for investors.
Bitcoin (BTC) – Ranked #1
The oldest and most well-known cryptocurrency is Bitcoin. If you are looking to increase Bitcoin holdings, these are prices we haven’t seen in a long-time. Bitcoin is considered to be the ‘blue-chip’ cryptocurrency and with only 21 million Bitcoins ever to be created and the largest cryptocurrency by market capitalization, it’s a good choice for first-time investors.
There is no market like the cryptocurrency market.
This market has likely created more millionaires than any other industry in the world (it’s difficult to tell since most transactions are anonymous, yet this industry has gone from non-existent to over 2 trillion dollars in just 11 years).
It’s for this reason, cryptocurrency investing has become one of the hottest trends in the last few years and it will likely only continue to grow.
Many cryptocurrencies have already created many multimillionaires and will likely continue to do so for many years to come.
So, you may be asking — What are the cryptocurrencies that could have made you a millionaire and what are the lessons can we learn from them?
The Week In Review
Both in the Top 100 cryptocurrencies (by market cap) and within the small market caps we are seeing an increase in both the valuation and popularity of Web 3.0 projects. These are projects which will help provide the infastructure to the next iteration of the internet, most commonly referred to as Web3.
