Cryptocurrency Investments 2023

Cryptocurrency has become a form of digital money of the 21st century. There are several reasons why crypto is so popular nowadays. The most significant is that cryptocurrency is good for investment purposes. For instance, such assets are highly liquid, making it easy to buy and sell them anytime. They are also not tied to any government policies or regulations, which reduces the risk of political interference. The last but not least reason is that it can be much more profitable than traditional assets because of crypto market volatility.

But how to choose the right asset to invest in? This article is a guide of the most popular cryptocurrencies. their features and benefits. Let's start learning!

Bitcoin is a breakthrough digital asset, the first and the most popular in the cryptocurrency market. It is used as the primary store of value in the cryptocurrency world and has become widely accepted by different businesses worldwide. Its built-in scarcity feature and the fact that it has been around for over a decade make it a reliable and secure investment option.

Ethereum is known for its unique technology, which enables it to host thousands of decentralized applications, or dApps, making it a revolutionary blockchain platform. Ethereum's upgrade that happened in 2022 known as The Merge made the network more energy-efficient and scalable. This event made Ethereum an attractive investment option in the long run.

Binance Coin is a relatively new digital asset that has shown remarkable stability, with a current market capitalization of over $43 billion. Binance, the cryptocurrency exchange that created the coin, has a coin-burning process that reduces the number of coins in circulation, thereby increasing the demand for the coin.

Cardano is a new blockchain that promises a faster and more secure way to transfer funds between parties. Its smaller footprint and lower energy consumption make it a more eco-friendly alternative to other cryptocurrencies.

Polygon is a L2 solution that has been created by a team who have made a significant impact on the Ethereum blockchain. This cryptocurrency has been designed to allow for Ethereum scaling and infrastructure development, improving transaction and verification speeds on the multi-chain system. Polygon recently launched Polygon zkEVM, a scaling solution that works seamlessly with existing smart contracts, developer tools, and wallets, using zero-knowledge proof cryptography. With over 53,000 decentralized applications hosted on its system, including some from big companies such as Meta and Stripe, it is clear that Polygon is quickly gaining traction in the crypto world.

Chainlink is a cryptocurrency that has the potential to revolutionize the digital payment industry. By using a decentralized oracle network to create secure interactions between blockchains and external data feeds, the developers behind Chainlink hope to make smart contracts the dominant form of digital payment. One of Chainlink’s major advantages is its partnership with Google, which uses Chainlink’s protocol to connect users to its cloud services. In addition, Chainlink has been selected by decentralized finance company Truflation as the choice for its new inflation index, which aims to measure inflation more dynamically, accurately, objectively, and transparently than the traditional Consumer Price Index. With validators such as former Google CEO Eric Schmidt and former LinkedIn CEO Jeff Weiner, Chainlink is a cryptocurrency that is poised for success.

You need to find a trustworthy platform that will make your crypto journey more secure and convenient. The simplest way to buy your first cryptocurrency is OTC trading platforms. They provide high transaction speed, full confidentiality, an ever-growing list of the most popular cryptocurrencies and 24/7 support.

Let's take FinchPay as an example of OTC trading platform where users can buy and sell crypto assets in 6 steps:

You need to find a trustworthy platform that will make your crypto journey more secure and convenient. The simplest way to buy your first cryptocurrency is OTC trading platforms. They provide high transaction speed, full confidentiality, an ever-growing list of the most popular cryptocurrencies and 24/7 support.

Let's take FinchPay as an example of OTC trading platform where users can buy and sell crypto assets in 6 steps:

Crypto investments is a profitable but challenging deal in 2023. It is important to research and understand the different factors that make each digital asset unique before starting investing. Overall, the future of the cryptocurrency market looks bright, and there is no doubt that this technology will continue to shape the future of finance and investment.