What Cryptocurrency Should You Invest as a Beginner | TechHarry

What Cryptocurrency Should You Invest as a Beginner

Cryptocurrency has made lots of millionaires these past years. And the market of cryptocurrency is drastically increasing over time. If you are waiting for buying a high-return cryptocurrency this year or the beginning of the next year, Tech Harry is here to provide every detail of what cryptocurrency you should invest in. In this post, you'll see various different cryptocurrencies you can invest in as a beginner. So, let's get started.

Best Cryptocurrency You Should Invest as a Beginner

If you are just thinking about investing, this is not the place. Cryptocurrency Investment is the way where people actually invest to make more money out of their normal, boring pocket money. In order to invest as a beginner, you must know which cryptocurrency will make you a fortune, and we'll definitely talk about the base technology these cryptocurrencies are working on. Let's dig in and start our first crypto journey.

Note: This is our personal thought of investment, not financial advice. We do not endorse anyone to invest in our listed cryptocurrencies. Do your research and then invest. Thanks.

Ethereum (ETH)

Ethereum or ETH is an open-source blockchain-based platform that creates and shares business, financial services, and entertainment applications. Users can also pay fees to use dApps which are called 'Gas' fees. Recently Ethereum is currently set on its all-time high at $4638 (3rd November 2021) and trading at between $4356 - $4638 per coin. Ethereum has a total supply of 118 Million and it is the second dominant cryptocurrency in the world after Bitcoin.

If you are just starting to invest in cryptocurrency, you can start on with ETH. It has the capacity to offer you high returns on its investment.

Cardano (ADA)

Cardano a.k.a ADA coin is also a very popular cryptocurrency with a market cap. of 69 Billion USD, and its rank is #5 in the world as per its market cap. In this bull run, ADA has an estimate to touch its all-time high of $3. Currently, as of today (November 3rd), one ADA coin is walking between $2.28 to $2.12.

As of ADA, this coin works on Cardano Blockchain which is used to build smart contracts, and in turn, create decentralized applications or dApps and protocols. Users can also use ADA coin as a payment method to send, and receive payments.

Polygon (MATIC)

Polygon blockchain-based MATIC cryptocurrency is one of the most favorite cryptos which was developed in India. Matic coin is at #18 rank with the market cap. of $14 Billion. Because the November bull-run has started, Matic is now going to touch its all-time high at $2.45 and it is currently trading at $2.08. If you are interested in making a lot of profit in the upcoming period, then you should not miss this opportunity.

Polygon (Matic) is an Ethereum protocol that aims“to create, issue, and manage digital securities on the blockchain.

XRP

As per the company, Ripple, XRP offers financial institutions the fastest, most reliable option for sourcing liquidity on demand. XRP holds a very strong place in the crypto market. It is popular for high-speed payment transfer at XRP ledger at a quite low price. It is an open-source permissionless, decentralized blockchain technology that can settle transactions in 3-5 seconds.

XRP coin has a market cap. of $55 Billion with a trading price of $1.17. Although, it's not even close to its ATH, it is going towards achieving it. Stay calm because it has a very powerful base, and it will definitely go far from its all-time-high price.

Chainlink (LINK)

Chainlink is a decentralized blockchain oracle network built on Ethereum. The network is intended to be used to facilitate the transfer of tamper-proof data from off-chain sources to on-chain smart contracts. As of today, LINK coin has a market cap. of $14Billion and currently running on $30 per coin. If you are thinking about investing your good earned money in any crypto, Chainlink or LINK crypto coin is a great choice. Last year, on the same date, Chainlink was around $12, and it has now gained over 233% from $12 to $30 for a coin.

VeChain (VET)

VeChain or VET coin is one of the most traded cryptocurrencies with the rank of #22 as per its market capitalization. But what is VeChain?

VeChain is a blockchain-powered supply chain platform that uses distributed governance and internet of things (IoT) tech to create an ecosystem that solves some of the major problems with supply chain management.

VeChain or VET has a market capitalization of more than $9B USD with around $1B USD that has been traded over the 24hrs. Currently, 64.532B VET are circulating in the market, and it provides around 86Billion+ VET total supply. VET coin is trading between $0.14 and $0.11 today. As I think, VeChain is still quite under-valued crypto. But it has a lot of potential and growth in the upcoming years.

Polkadot (DOT)

Polkadot is one of the most favorite cryptocurrencies of big investors. Recently this month, Polkadot has touched its all-time high of $55 USD. It has a market cap. of $51B USD with the 24hrs of trading volume of $2,647,591,857 USD.

Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other. It's a little expensive than some other cryptocurrencies, but if it had achieved its ATH before, it can again make more ATHs in the future at big prices. So, Polkadot can be your great investment if you invest your money correctly.

Decentraland (MANA)

Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications. In this virtual world, users buy plots of land that they can later travel, create and monetize.

Currently, MANA (Decentraland) crypto coin is at $2.62 USD with a 24 hrs trading volume of $2,143,496,969. Although it touched its all-time high at $4.69 4-5 days ago, today it is 4.44% down. For better returns, you should hold your MANA coins for a longer period.

The Graph (GRT)

The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data.

The Graph or GRT coin today is $1.11 USD with a 24hrs trading volume of $410,021,675 USD. This crypto coin has a market cap. of $5B USD, and it touched its ATH (all-time high) on February 2021 with the price of $2.88 USD. So, you can actually have more than 2x profit if you invest some money on GRT and it reaches another ATH.

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