The best cryptocurrencies to invest in 2020

[TheRaed 1247]

Bitcoin was the oldest cryptocurrency and the first digital currency, reaching more than two years before the second cryptocurrency, Namecoin. Bitcoin's success has led to a massive spread in digital currencies in recent years, and today there are hundreds of cryptocurrencies. One of the most interesting aspects of these new digital currencies is the lack of control by any central monopoly. Traditional banknotes are subject to central banks that may operate independently of the national government, or at the request of the government.

The Federal Reserve (Fed) has the ability to increase supply in US dollars, for example. The degree of decentralization can vary from one cryptocurrency to another - as we will see - but in general, there is no central authority that plays a similar role for the central bank in relation to cryptocurrencies. We will now look at four other major digital currencies available.

Ethereum is the largest competitor of Bitcoin, based on the percentage share of the total market value of the cryptocurrencies. Other important players in this field are Bitcoin Cash, and Ripple, to name a few. Digital currencies are quoted against the US dollar (USD) or the euro (EUR) - two of the most used currencies in the world.

What do you think of this talk and are there other currencies you add to this list?

Edited July 7, 2020 by TheRaed

[rvherrera 137]

Some time ago I was betting on TRON and IOTA, however time and experience have ventured me to say that not everything that glitters is gold. You have to be very careful when choosing a crypto .. Good luck !!

[Raqeebzy 6456]

From you topic, I would like you to read more on the difference between digital currency and cryptocurrency, Click here. I see you using them interchangeable which shouldn't be the case.

Back to the best cryptocurrency to invest on presently, I agree with your list, seeing Bitcoin and Ethereum on the list (I will prefer more of my investment now in altcoin, the reason I will go with ETH). 

Additionally, I would say investing on coins like BNB, Tron, EOS will be good nowadays for investors.

[BTC Future 3946]

1 hour ago, TheRaed said:

and the first digital currency

Bitcoin is not the first digital currency. There were many efforts before Bitcoin. Digicash, B-money, BitGold and more. It was the first decentralized digital currency though.

[Whited35 15285]

Bitcoin itself has inspired so many altcoins to come in this existence. Nowadays, Ethereum is also getting an incredible reputations in the cryptocurrency markets. I think these cryptocurrencies BTC,ETH,XRP,XLM,BNB,EOS ,and LTC are the best to invest in 2020 if we are seeking for some good profits by holding the cryptocoins. 

[Zaino34 0]

There are a lot of good digital currencies for investment and the most important of these currencies is the bitcoin currency because its price is high and good gains can be made from it as well as the ethereum and litecoin currency and many other currencies.

[Moaz 7239]

I agree with you that bitcoin and ethereum are among the most important cryptocurrencies for investment in 2020 due to the great demand for these two currencies in the crypto market, and there are also important cryptocurrencies for investment such as Ripple and Litecoin

[Young001 155]

Over the years so many cryptocurrency have emerged and the crypto world is becoming even bigger and bigger by the day, but the fact still remains that bitcoin is the most profitable cryptocurrency out there even though it's not easy to get.

[Izeal 4404]

Yeah, bitcoin is the best coin where you can get profit because it has already great base even their is alternative currency of bitcoin called bitcoin cash which can work as backbone of the bitcoin. Other than bitcoin I think ethereum and litecoin is the best currencies to buy in 2020 because the root should be strong of anything to success like ethereum. I am sure one day ethereum will beat the bitcoin. Litecoin is very good coin according to this coin's trading volume and price of the coin.

[Honny143 13612]

Yes bitcoin is the old crypto currency and this coin inspired so many altcoins, like ETH litecoin ripple dogecoin eos and so many coins launch in crypto market, but in this list only ETH perform very well I don't say ETH is the competitor of bitcoin, but ETH also good for invest because its have so much potential to give good profit.

[TheRaed 1247]

On 7/6/2020 at 7:28 PM, rvherrera said:

Some time ago I was betting on TRON and IOTA, however time and experience have ventured me to say that not everything that glitters is gold. You have to be very careful when choosing a crypto .. Good luck !!

This is true, sometimes the currency takes a lot of noise due to good promotion, but if you go a little deeper, you will find that the coin is scam

On 7/6/2020 at 7:18 PM, zakoa3321 said:

Best cryptocurrency to invest in 2020 Bitcoin is the oldest cryptocurrency and first digital currency, reaching more than two years before the second cryptocurrency, Name

I agree with you if the investment for a long time is two years or maybe more than that and if you want to make a faster profit you will find some currencies that outperform the profit on bitcoin

On 7/6/2020 at 7:42 PM, marce9427 said:

As time goes by we can see how great ideas have marked the history of our world, in the mid-nineteenth century we can see how what we know was the “Gold Rush” what thousands of people started with the search for metal . Likewise time passes and new ideas come to our news. Today, what we are experiencing is that many people search their computers for the digital gold that will revolutionize the financial system in the future.
There are a variety of digital currencies but here is my list to invest highlighting the oldest currency and the best to make investments. (BTC)
-Bitcoin (BTC)
-Ether (ETH).
-XRP (XRP).
-Litecoin (LTC).
-Binance Coin (BNB).

I agree with you a lot. This age of digital gold is a new era in which anyone with some creativity can go towards the future with it

[TheRaed 1247]

On 7/6/2020 at 8:04 PM, Raqeebzy said:

From you topic, I would like you to read more on the difference between digital currency and cryptocurrency, Click here. I see you using them interchangeable which shouldn't be the case.

Back to the best cryptocurrency to invest on presently, I agree with your list, seeing Bitcoin and Ethereum on the list (I will prefer more of my investment now in altcoin, the reason I will go with ETH). 

Additionally, I would say investing on coins like BNB, Tron, EOS will be good nowadays for investors.

In fact, I always have a confusion between the two terms, digital currencies and cryptocurrencies, perhaps due to the lack of full awareness between the two terms. Thank you my friend for mentioning that.

 

On 7/6/2020 at 8:17 PM, BTC Future said:

Bitcoin is not the first digital currency. There were many efforts before Bitcoin. Digicash, B-money, BitGold and more. It was the first decentralized digital currency though.

Thanks for mentioning that I have modified this error

[TheRaed 1247]

4 hours ago, Izeal said:

Yeah, bitcoin is the best coin where you can get profit because it has already great base even their is alternative currency of bitcoin called bitcoin cash which can work as backbone of the bitcoin. Other than bitcoin I think ethereum and litecoin is the best currencies to buy in 2020 because the root should be strong of anything to success like ethereum. I am sure one day ethereum will beat the bitcoin. Litecoin is very good coin according to this coin's trading volume and price of the coin.

Ethereum is a currency that has a wonderful future. It is stable and I think investing in it is very good for the future

[P A Ashif 2409]

There can be two possibilities,  if you want to invest for a long term basis then go with the coins like ETH or LTC which are doing well in market. I am not suggesting BTC because,  its common and also I believe that it require large investment. And if you want short term investment than go with new coins like TRX or doge or tokens of platform like wazirx 

[Samiya45 27]

There are many good digital currencies for investing here 1There are many good digital currencies to invest in and the most important of these currencies is Bitcoin currency because it is more expensive.And even better A lot can be gained..

[Mwangi 5611]

To me still ripple stands out , I have used bitcoin and the price is usually tough and especially when it comes to transfer fee, the best would be ripple , can you imagine, to transfer any amount of ripple you just pay 0.5 Ripple , so to me it still stands out as the best and am so glad it works perfectly for me.

[guatazoo 7150]

On 7/6/2020 at 7:28 PM, rvherrera said:

Some time ago I was betting on TRON and IOTA, however time and experience have ventured me to say that not everything that glitters is gold. You have to be very careful when choosing a crypto .. Good luck !!

You don't have to bet for long holding of the coin because if its cheap price for hoping that one day it will become with bright future, but all you have to do is how the currency are been traded from all exchanges and how they interested with that coin.

[TheRaed 1247]

19 hours ago, P A Ashif said:

There can be two possibilities,  if you want to invest for a long term basis then go with the coins like ETH or LTC which are doing well in market. I am not suggesting BTC because,  its common and also I believe that it require large investment. And if you want short term investment than go with new coins like TRX or doge or tokens of platform like wazirx 

Yes, you are right, investing in bitcoin needs a large amount
That is why the presence of coins such as ethereum and litecoin has become necessary and is more profitable

[TheRaed 1247]

35 minutes ago, Mwangi said:

To me still ripple stands out , I have used bitcoin and the price is usually tough and especially when it comes to transfer fee, the best would be ripple , can you imagine, to transfer any amount of ripple you just pay 0.5 Ripple , so to me it still stands out as the best and am so glad it works perfectly for me.

Yes my friend, the fees for withdrawing and depositing bitcoin currency became troublesome
People have somewhat turned to currencies that charge less

 

[Sruthi246 59]

There are many crypto currencies online but Bitcoin is the best crypto currency to invest in 2020. Bitcoin has been around for many years with a strong belief that it is a very old crypto currency that is currently being bought and sold at the highest prices. I have invested in bitcoin many times and have benefited from it so I think the most popular and trusted person in 2020 if there is any crypto coin with it is just Bitcoin. The best cryptocurrencies to invest in 2020 is Bitcoin thank you.

[Calvinpriva 17296]

Bitcoin is my favorite coin to invest and some few altcoins, sometimes i will also invest in some tokens that are profitable in the yobit investbox. I also like to invest bitcoins through P2P trading in localbitcoins.

[estee369 489]

If you are trying to find new coin or token then i can mention some project name. SWZL, Injective Protocol, DIA, Geoma DAO etc. All has their own uniqueness to be a good investment plan. Its not a recommendation. Always do some research before your investment. But if you are not looking for new project then BTC, TRX, ETH,EOS is the best coin to invest in my opinion. 

[Adill khandakarya 47]

this world is going to be digital day by day...  on this way the currencies of crypto playing a good rules..

 

 

 I think this currency is more smart about any other ways, so I think it

[Shoeb45 12]

I think, etherum and bitcoin both are  important currencies to invest in 2020 as they both have good demand.Besides ripple is another good currency.Bitcoin is the old cryptocurrency and it has high range profits.So bitcoin is the best currency to me in the crypto world.

[Tannah 1228]

Now a days bitcoin,LTC, ETH etc are the most popular crypto currency for invest. But Bitcoin has continued its trend of success from the beginning. Now there are many currency in the crypto market. But among all currencies bitcoin is more expensive. If your budget is low, you can invest in LTC, ETH. That coins contain low cost