Cryptos You Must Have In Your Portfolio For 2022
Are you wondering what is the best cryptocurrency to buy in 2022? Or are you doubting whether it is a good time to invest at all? Don’t worry, the top crypto advisor has prepared this list for you to make your portfolio for this year.
2021 was quite a killer year for cryptos as digital assets gained huge mainstream exposure and changed fortunes overnight- if invested in the right place. From Shiba Inu proving that a pupcoin can be more than a meme to Bitcoin making nearly USD 40,000, there hasn’t been a bad day.
But still, things are new for so many investors and hence many traders often consider taking up a cryptocurrency course before getting started. However, if you are wondering what should be your target in 2022, without further delay, here are some of the best deals of the year:
1. Ethereum (ETH) — the Cream of the Crop
It was the first-ever project to introduce a revolutionary thing like a smart contract. It allows the developers to launch their decentralized applications on top of the blockchain platform. These contracts are like paper contracts between the business owners without the interference of a middleman like a bank.
A blockchain expert can learn crypto trading and use the Ethereum network to create multiple security tokens, decentralized exchanges, non-fungible tokens, in fact entirely new cryptocurrencies with ERC-20 token standard.
Moreover, Ethereum will be an easy bet to win in 2022 for all the right reasons. First and foremost, it has got a huge market capitalization and hence become one of the safest investments. It is quite reputable and has quite a lot of capital to work with.
2. Binance Coin(BNB) — the Fastest in the Race
This utility token’s value comes from the fact that how useful it is within the Binance ecosystem. Right now, the BNB coin is one of the most popular liquid cryptos in the market. Throughout the last year, there has been consistent growth in the price.
If you are ready to diversify your crypto portfolio by adding a utility token backed up by an experienced team with solid business history, Binance coin, one of the fastest-growing cryptos, is your catch.
3. Solana (SOL)- the Next ETH Alternative
Besides, Ethereum, Bitcoin, and other cryptos, Solana has been reaching new heights and stealing the limelight from everyone else since the first half of 2021. It has already reached the 7th rank for a market cap at $51.8 billion. Most probably, it will continue to grow even more in 2022. Speaking of the truth, NFTs are the main reason behind the huge rise of the Solana blockchain.
So, why should you invest in the coin? Probably because it has already bagged over 400 large projects, it made a huge move into NFTs with the Degenerate Apes, it has the potentiality to compete against ETH, and most importantly, Solana claims to process over 50,000 transactions per sec while costing less than $0.01 for each.
4. Polkadot (DOT)- Many Think It’s Safer than ETH
Despite being one of the youngest cryptos on the list, Polkadot was one of the top performers of 2021, as per crypto advisor. It has connected multiple blockchain platforms that function differently but work together. Just like Ethereum, Polkadot also allows the developers to build different apps and smart contracts. Because of the interoperability of this coin, it has become seamless to transfer data and assets between different blockchains at a very high speed.
So, why is it a good investment? Lots of programmers are considering it to be safer than Ethereum and that’s why the programmer base is constantly growing.
5. Bitcoin (BTC-USD)- A Must-Have on the List
Did you really think the list of best cryptos to invest in 2022 will do justice without including Bitcoin? No matter how far we have come, Bitcoin is still the most vastly used crypto across the world.
Bitcoin is comparatively economical and fast with a maximum speed of about seven transactions per second. Quite naturally, 2021 was a huge success for Bitcoin and the price has doubled (not once, but twice) right at the starting of this year. Do you have any reason not to invest in Bitcoin?
6. Litecoin- the Silver to Bitcoin’s Gold
It is one of the fastest cryptos to come right after Bitcoin as it uses Bitcoin’s source code. But the interesting part is that it makes some technical alterations to the code, resulting in much faster operations than Bitcoin.
As one of the original altcoins, Litecoin has a huge market cap, utility, speed, and cost-effectiveness. Despite having a long list of competitors, it is the most trusted cryptos nowadays.
Over to you!
Hopefully, you found the list useful and got the inspiration you were looking for. But if you are a complete amateur, it’s always best to opt for a crypto trading course before taking the plunge. You can build a community, interact with others deeply involved in this field, and explore expert opinions before investing and trading.