Cryptocurrency has made quite a name for itself over the past few years. While the world moves forward, the need for digital currency seems evident. We have also noticed how unpredictable and volatile the Crypto or Altcoin market is. However, we have also seen people go from rags to riches because of their investment in Cryptocurrency and Altcoins.
While many people think that the value of Cryptocurrency is at a downward trajectory, if you invest in the right kind of currencies, fortune awaits you! As is the case with different kinds of stock markets, the value of an investment can plummet and grow. The same goes for Crypto and Altcoins.
So today, let’s take a look at some of the best Cryptocurrency and Altcoins to buy if you want financial growth in 2024!
Best Cryptocurrency to buy in 2024
- Bitcoin
The moment we hear the term Cryptocurrency, we almost always think of Bitcoin. In fact for many people it means the same thing! Bitcoin was created by an entity named Satoshi Nakamoto. Bitcoin is known for its transparency and is very appealing to several investors.
Bitcoin already has a year over year return rate of 165%, and is one of the most sure fire ways to invest and grow in Cryptocurrency! This is so because Bitcoin has a policy of supplying maximum 21 million coins. This scarcity mimics the value of precious metals or stones. This is why Bitcoin is also referred to as digital gold!
In fact, huge names like Tesla and BlackRock has also invested in Bitcoin with a combined sum of $7 Billion. And the biggest thing is Bitcoin is immune to inflation. It’s limit of 21 million coins supply means it cannot be inflated. So if you’re on the lookout to start an amazing Cryptocurrency experience, Bitcoin is the way to go!
- Ethereum
Ethereum is the next in line when it comes to great Cryptocurrency investments. Ethereum goes beyond being just a digital currency, it is a smart and comprehensive decentralised platform that supports other DApps. This makes Ethereum a versatile and amazing choice to invest in.
Furthermore, Ethereum fosters one of the most active and thriving community of developers in the block chain space. Therefore, there is always some fresh buzz and innovation going on. This makes Ethereum an even attractive investment opportunity as there is no end to the capabilities of the platform!
Ethereum also quite recently launched their upgraded version, which is more robust, capable, and secure than ever before! This version can handle more transactions, reduce energy consumption, and increase security. Therefore increasing the efficiency and utility of the product which increases its value!
So, Ethereum is the best deal available for you if you want innovation, security, and utmost tech growth!
- Solana
Solana has become one of the most credible and trustworthy Cryptocurrency for crypto enthusiasts and investors. To start with, Solana has a transaction capacity of 65,000 per second! This is some of the highest and most efficient TPS there is and achieves amazing scalability. Furthermore, the low transaction cost helps developers and users alike. The low transaction cost also means more new enthusiasts can join the community.
Solana has a thriving ecosystem with thousands of people joining regularly! This means there’s new innovation and product built daily. Be it DeFi, NFTs, or Web3 Apps, Solana community builds them all! Furthermore, Solana also arranged for regular hackathons, quizzes, and other kinds of competitions which keeps the community engagement and buzzing!
Lastly, Solana has the backing of several extremely well known venture capitals, and is proactive in making partnerships with leading blockchain companies. Some notable names being Serum and Chainlink in collaborations and more. This enables amazing safety net for any investor and makes space for more innovation and growth! So if you’re looking for the best gateway into Cryptocurrency and grow in the blockchain space, Solana is your best choice!
- Tron
Investing in Tron means investing in a promising and young company that can give you amazing long-term results! Tron is built on a blockchain platform that is extremely scalable and aims to support dApps and decentralise the web. Tron can easily manage 2000 Transactions Per Second or TPS which makes Tron a reliable vendor for high demand application and services.
Tron also boasts an active and buzzing community under the guidance of Justin Sun, the founder of Tron. Tron takes proactive efforts in better their systems and ensuring security and privacy upgrades as and when possible. Their consistent effort in making the platform accessible, and enhancing the platforms performance make Tron an attractive investment opportunity and brings a lot of collaborations.
Tron is also known for it’s strategic partnerships and recently, has garnered a lot of attention for acquiring BitTorrent. This further enhanced the Tron ecosystem by introducing BitTorrent Token or BTT. Additionally, Justin Sun’s proactive efforts in marketing and publicity helps the mass better understand Tron’s policies. Tron is extremely reliable, transparent, and secure, which makes it a great investment opportunity!
Conclusion
Many people thought that Cryptocurrency was over after the end of the pandemic. But while the hype has died down, the Cryptocurrency world has been thriving secretly and has built a robust system for itself! The Cryptocurrency and blockchain industry is forging towards building a decentralised system which gives the masses access to a lot more options and control.
The internet, the economy, and the digital world is changing as we know it and investing in the right Cryptocurrencies is the first step in entering the revolution! Apart from these four, you can also check out Tether, Ripple, Cardano, and Doge Coin. All these Cryptocurrencies are now multi-billion dollar companies and investing in them will only result in a growth of your assets.
We hope you find this article useful and we hope you make secure and right decisions with your Cryptocurrency choices. Treat Cryptocurrency equal to how you treat your real estate and other assets. Remember that this digital asset will be very useful in very near future. All the best!