Crypto tokens can make you a lot of money if you know which tokens to buy and when to sell them. Five coins you should be looking to buy in the near future include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Binance Coin (BNB)
- Solana (SOL)
- Cardano (ADA)
In this article, we will take a look at how each of the above coins can help bolster your investment portfolio.
Why Should I Buy Bitcoin?
Bitcoin is the original cryptocurrency and has become a household name. Some businesses are starting to accept Bitcoin as a form of payment. Its credibility gives it a little more security than other, newer cryptos.
Why Should I Buy Ethereum?
Ethereum Is another crypto that has established a lot of credibility since its creation. Program developers like crypto a lot because of its functionality with smart contracts and NFTs (non-fungible tokens).
Why Should I Buy Binance Coin?
One of the largest crypto exchanges in the world is Binance. The Binance Coin is a form of crypto that you can use to pay fees and trade on their platform. You are also able to exchange the Binance Coin for other forms of crypto.
In late November the coin was worth $628 after being worth just $0.10 in 2017.
Why Should I Buy Tether?
Unlike the previously mentioned cryptos, Tether is a stable coin. That means that the value of the coin is backed by formal currencies like the US dollar or Euro. In theory, this should add some stability to your portfolio.
Why Should I Buy Solana?
Purchasing Solana offers some diversification from the “household” names, but still has a lot of promise to increase in value. Solana was created in order to help power decentralized finance and decentralized apps and has grown over 26,500% since launching in 2020.
Why Should I Buy Cardano?
If you want to take a little more risk in a coin that shows extreme promise but hasn’t flourished yet try investing in Cardano.
The coin was established in order to decrease energy usage and transaction time. The coin has grown from $0.02 to $1.57 in only four years.