It depends on your goals – do you want to invest for preserving your money in the first place? Then Bitcoin and Litecoin might be right for you. Do you hope for big profits in the long-term? Then Bitcoin and Ethereum should be considered first, despite some believing that Bitcoin reached its oversaturation. Do you want something accessible and cheap? Ripple is here. Do you want something functional and profitable at the same time? Bitcoin is by fire the best choice. Do you want them all together? Bitcoin – it can safely play different roles.

Litecoin is for those who look for stability, but don’t expect it to grow at a high pace like Ethereum or Bitcoin. You can’t invest in it expecting it to increase by ten times. It may happen in theory, but it’s not that probable. Litecoin doesn’t get the media attention, and the latter is important, believe me. Litecoin is more accessible for miners, so it can be a good approach for you.

Ripple looks attractive because it’s cheap. If you don’t know where to throw a few hundred bucks, you can buy Ripple and leave for the long-term. There is much potential for growth since Ripple works with reputable banks, including Abu Dhabi Bank, UniCredit, ReiseBank, and more.

Ethereum was very promising…until the crash from June. A problem occurred at the GDAX exchange, and Ethereum lost 99.99% for a few minutes.

Since then, it cannot update its record. But experts say its market cap should exceed the Bitcoin one since Ehtereum is more functional than Bitcoin – it has the smart contracts and all the innovative stuff.

Bitcoin is the best investment from my point of view, at least today. It has the most media coverage, it is functional, it is active, it makes the headlines, you can buy with it in different shops – in short, it is by far the most popular cryptocurrency. And most importantly, it has much room for growth. Some experts say it can grow to $50,000 and even $100,000. Check my previous answer: https://www.quora.com/People-say-that-Bitcoin-will-rise-to-50-000-by-the-early-2020s-What-are-your-thoughts/answer/Min-Park-52?srid=gex1

So, I bet on Bitcoin – but the rest are good too.

In fact, you know what? None of the mentioned currency is the best choice – the best one is making a portfolio of coins, putting there Bitcoin, Ether, Ripple, and Litecoin among others.

Hope this helps!


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Posted by Min Park

Blockchain Marketing Specialist / ICON ($42M) / MediBloc ($25M) / BOScoin ($12M) / Krown Media / :0

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