Bitcoin, Stablecoin, Ethereum Or Ripple? Which Cryptocurrency Has Best Return Potential
NDTV
The world of cryptocurrency is a recent phenomenon and, therefore, return potential could be unpredictable.
Cryptocurrencies are becoming more and more popular with each passing day. These digital currencies are gaining wide acceptance from people across the globe. They are attracting investors who are willing to take calculated risks and expand their portfolios. However, before investing, it is better to know the results and possibilities beforehand. There are thousands of cryptocurrencies that have little value and no potential returns. So, it's important that you make a wise choice when it comes to deciding on the coin to invest in.
1. Bitcoin
Bitcoin came into existence in 2009 when the whole idea of digital currency was new to the world. In fact, Bitcoin, after it came into existence, changed the money game forever. Bitcoin is not just the first but one of the most popular cryptocurrencies we have to date. It works on the principle of blockchain technology that's distributed among a network of computers in large numbers. A per a few reports, Bitcoin's first-mover advantage has put its market capitalisation above $1 trillion. Bitcoin's price skyrocketed in recent times and it became the most popular name among investors.
2. Stablecoins