Top Crypto to buy
The cryptocurrency market in recent times is quite uncertain just like its nature, but whoever trades or works in cryptocurrency regularly knows that anything is possible here we can see high (insane) gains as well as huge losses. In the past year, the market of cryptocurrency is not at its high point or what we see in previous years in terms of rising altcoins which become talk points and give a good amount of profit to many traders.
- Below is the list of some potential altcoins that can give good profit if bought.
Cardano (ADA)
Cardano (ADA) is still in the top ten (as of writing today) cryptocurrencies by market capitalization. Many things going on with it but still not booming in the way that is expected from it, there is no doubt that Cardano is the most undervalued cryptocurrency present to buy, and the best part of buying Cardano now is its low price because one can buy Cardano in a very less price and can hold or stake it for the future profit.
Currently, Cardano is still not fully living up to its potential in terms of price but looking at its fundamentals and a strong team behind it the project which make waves in the future. Investment in Cardano can give good profit in the long term considering its current buying price.
The Sandbox (SAND)
The gaming industry is always in demand and now and then we can see the creativity in gaming going to the next level where people not only play the game but also become the character in the game itself. Nowadays many new games are in the developing stage where the creators are looking to give viewers something new and unique that surprises people in a way that creates an impact on their lifestyle as well.
Sandbox crypto is such a platform where the users can become the characters as well and see the world of gaming in a way where they not only play but live and experience a new kind of technology that is going to be the future. As we know gaming industry is a huge market with billions and billions of revenues that can be generated.
Metaverse is still in the early stage and many exciting things coming next to build a solid platform for it, so by looking at the future and how it impacts people’s lives Sandbox can be a good option.
Ethereum (ETH)
Ethereum is one of the best cryptocurrencies to invest in for the future. Since its creation, the Ethereum network has been the best platform for blockchain-based apps, the foundation of the rapidly growing Defi. Ethereum platform is very reliable and has an edge over its competitors because it always creates a solid base and makes new things that improve its performance as well as impact the crypto industry.
A lot of the developments taking place in the Ethereum ecosystem make it in demand and also give the investors to make a profit. The Future of Ethereum looks quite promising knowing its use case and looking at its history it can be an asset to look out for future.
However by far, the most significant potential for Ethereum is the massive growth of decentralized finance (Defi), this trend has exploded to include thousands of new tokens and projects which all rely on the blockchain. These new technologies built on Ethereum like Defi and NFTs require ETH to pay for gas fees on the network, this helped ETH prices thrive and also made the altcoin a more popular choice.
As per crypto analysts, Ethereum by far has the best potential to give stable profit in the long term, and also it can gain massive growth if the cryptocurrency market rises again to its high. Overall Ethereum is a must-have altcoin in every crypto trader’s list.
Personal Opinion
- Apart from the above-mentioned crypto, there are many potential altcoins present in the market to buy for huge profits in the future, but I only list the above three because of my interest in them.
Remember cryptocurrency market is highly volatile and uncertain so we can only speculate, it can give you high (insane) profits as well as huge losses so before investing do your research and always set a target like at what rate you want to buy any particular altcoin and at what rate you are going to leave the market and book your profit.
Setting a target gives you a clear idea about your next move when your altcoin hits your set target, it also gives you profit most of the time because you know like at what rate you’ve to book profit and at what rate you’ve to buy again. I know the uncertainty of this industry doesn’t give you results always but setting a realistic target and when achieved book profit gives you an understanding of the market and much-needed confidence to become a better investor or trader.
Disclaimer: Cryptocurrencies are unregulated, highly volatile, uncertain, and risky. Each individual must do his/her own research or seek independent advice if necessary before initiating any transactions or decision in crypto products and NFTs. The view, thoughts, perspectives, and opinions communicated in the article belong solely to the author. CryptoHott shall not be held liable for any acts or omissions, or losses incurred by the investors.