The 5 safest cryptocurrencies to invest wisely

Do you want to invest in cryptocurrencies but don’t know much about it? No problem ! Through this article, you will find some of the safest digital currencies on the market.

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Cryptocurrency is a digital currency that is not managed by a traditional banking system, such as a government. Instead, it is based on blockchain. It is a technology for storing and transmitting information without a central authority. Technically, it is a database whose information sent by users and internal connections to the database are checked and grouped at regular time intervals into blocks, thus forming a chain. As the digital currency continues to gain ground on Wall Street, more options are becoming available. There are currently over 19,000 cryptocurrencies on the market.

While you can use cryptocurrencies to make purchases, most people consider them a long-term investment and therefore a financial bet that can make you money quickly, provided you know where to invest. Indeed, volatility makes investing in cryptocurrencies risky, as evidenced by the recent free fall of cryptocurrencies, including so-called stablecoins pegged to the US dollar. In this sense, it is therefore particularly important to know what you are getting yourself into before buying. That said, here are five top-notch cryptocurrencies that could prove worth investing in 2022.

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5 cryptocurrencies to invest in in 2022:

1. Binance Coin (BNB)

Binance Coin is the third largest cryptocurrency by market capitalization with approximately € 42 billion. BNB offers investors a good way to bet on Binance’s thriving ecosystem, which includes the largest cryptocurrency exchange in the world. Binance is known to have a great advantage in buying and selling digital assets.

2. Solana (SOL)

Known as Ethereum’s main competitor, Solana was launched by a young and promising company that has managed to establish itself in the world of cryptocurrencies and claim a significant market share. The year following her birth, Solana took the world by storm, rising from around € 1.40 to over € 158 by the end of 2021. And her evolution should continue to attract investors.

3. Shiba Inu (SHIB)

Shiba Inu was one of the digital currencies with the biggest increase in 2021, after seeing an increase of more than 48,000,000%. While the hype has subsided somewhat since then, it still has a lot of potential as a flagship cryptocurrency that could explode further in 2022 and beyond. The Shiba Inu has developed a character of its own and its value is increasing.

4. Ether (ETH)

Ether is one of the best cryptocurrencies to buy right now. In the first place for the great development of its network, but also thanks to the “The Merge” event that will unite the current Mainnet chain with the Beacon chain, moving the network from the expensive, slow and energy-intensive one, with a system much more efficient proof-of-stake system. This should hypothetically help accelerate the Ethereum ecosystem again and support Ether.

5.Bitcoin (BTC)

Like the rest of the market, Bitcoin is having a hard time. But a news published in late April by Fidelity Investments could change the game: the largest American pension plan provider has announced that it will allow investors to buy bitcoins directly on their accounts. About 23,000 companies use Fidelity Investments to manage their retirement plans, a market that includes over 20 million people and € 2.5 trillion in assets.

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