we have over 1 million crypto currency coins and tokens in the industry but the question most people ask is, what is the best cryptocurrency coins to invest in.
2022 is here and I believe the best we could do is to utilize every opportunity we get this year to get things done, that is doing more research on the coin you wish to buy or invest in.
Doing more research will help you know the volatility of the coin you want to buy. For instance Avax and Gala are two coins we all know are very volatile in the market then someone comes up to tell you, no those coins are not good, without doing your own research you will believe that person and forfeit the token.
In this article I will be giving you the cryptocurrency coins to buy in 2022. The coins I will be showing you here are volatile coins and also very good for long term basis.
As at today or when this article was published, the original creator or group or company behind bitcoin have remained unknown.
bitcoin is a peer to peer online currency which means that all transactions are done equally and independent network participants.
According to Nakamoto, bitcoin was created to facilitate or help in most online transactions without necessarily going to any financial institution.
one of the most unique thing about bitcoin is that it is the first cryptocurrency to appear in the market and that makes it the or one of the best cryptocurrency coins you should consider investing on this 2022.
The bitcoin market is the most volatile market in the world as long as crypto currency is concerned, when buying bitcoin, you can bit your chest that no matter how the market goes down, it will still come up and you will still make your gain.
The current price of bitcoin according to coin market cap is $47,033.50 which is abit lower that the previous high which was about $ 60,000.
Currently the cryptocurrency market is worth above 2 trillion dollars, this is gotten from the ideas gotten from bitcoin. Bitcoin have built, created and raised most millionaires and billionaires in the world today and that is one stronghold to show that bit coin can’t vanish over night.
The second most volatile market in the world today is the Ethereum coin. It has a platform where other coins can be launched or hosted.
Coins like MANA and GALA are all hosted under the Ethereum blockchain platform.
As at 2020 and 2019, the price of eth was very much affordable due people who had it or people who had money to buy. The pandemic gave alot of persons room to invest more on eth and to does that took that opportunity that period, well, they are all rich in dollars now.
Ether is the native coin of trustwallet, one of the best exchanges in the world, one thing with trust wallet is that you but coins using pancake swap, sushiswap, uniswap and so on.
There is no platform where you can just click and buy just like binance and other exchanges. You have to swap one coin to the other for you to buy any coin for keeping in trust wallet.
Eth have hot over 117.5 million pieces of it in circulation and 75 million have been offered or given to genesis blocks.
Alot are still buying and one thing you must know about eth is that it’s a coin for long term investment not buy and sell after two days but always learn to collect profit.
When a coin moves up and you have profit, collect the profit to avoid had I known, then buy other coins.
This is what a reasonable trader or investor do to avoid losing out. Crypto market is one market that will break your heart into pieces but if you learn to take profit, you won’t be totally down.
Solana is a profitable coin that I encourage every trader to invest in because it is good. Solana is a high functional open source project that banks on blockchain technology.
One unique thing about Solana is how it has been able to create even better thing like what binance did. While in binance you can send coins like usdt or btc to any body using their email as long as it’s binance to binance. Even their phone number.
Solana made that same move by give an auction domain for them all. While you are a Solana hodle, your free to buy a custom domain for instance a friend of mine got a domain with with his name. YAGI.SOL
Now with this domain you can transfer Solana to any other wallet within the Solana reach by just typing the name at the address space.
The Solana protocol is also designed to facilitate decentralized app (Dapp).
Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers
According to the coin market Cap, Solana is the fifth most volatile market in the world after btc, eth BNB and Usdt.
Towards September 2021 there was a break out of Solana that made it surpass USDT and BNB to becoming the Third in the market but I guess the usdt market and bnb have enough buying pressure and pushed the market to the point it is now.
Also, As at the moment this article was published, the current price of Solana is $172.85
The market going down or selling pressure is high should not be a big issue here because this coin do more than good.
Note: this is not a financial advice, learn to do your own research before embarking on the journey of buying any coin.
Solana can be gotten in any of the exchanges that I will mention below
- Coin base
- Huobi Global