The Capital
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The Capital

Top Suggested Cryptocurrencies for Newbie Enthusiasts

The popularity of cryptocurrency continues to grow, with more ‘everyday investors’ — many of whom are complete amateurs — reaping the benefits and rewards of investing in cryptocurrency.

Although Bitcoin may have heralded the beginning of disruptive, decentralized finance through 2009, thousands of additional cryptocurrencies have flooded the market since then, each with its own set of characteristics such as price, accessibility, demand, transaction speed, fees, and the technology that underpins them.

We understand that wading through puzzling jargon can be a little daunting — and we also know that we cannot advise our customers on which cryptocurrency to invest their money. We’ve curated a list of the best currencies for beginners based on the market capitalization and long-term growth potential to keep things simple.


For the longest time, Bitcoin has been a cryptocurrency. Compared to other investment options, its price and market value are significantly greater.

Bitcoin is an excellent investment because many business owners have already accepted it. Bitcoin, for example, can be used to make payments with Visa. Tesla made a $1.5 billion investment in Bitcoin in February, and for a time, it accepted Bitcoin as payment for its cars — and may again in the future. In addition, major financial institutions are beginning to accept Bitcoin transactions as a form of payment.


Since Ethereum is not just a cryptocurrency, it is distinct from Bitcoin. Using the Ethereum network, developers can even build their cryptocurrency. While Ethereum is lagging behind Bitcoin in terms of market capitalization, it is also lagging significantly behind the rest of the field.

Even though it was released years after other cryptocurrencies, it has far outpaced its market position due to its unique technology. It is now the second-largest cryptocurrency behind Bitcoin.


For numerous reasons, the Cardano network does have a smaller footprint that appeals to investors. Cardano uses less energy to transact than a wider network like Bitcoin. As a result, transactions are both speedier and less expensive.

Cardano also promises to be more versatile and safe than other cryptocurrencies. To remain ahead of hackers, it constantly enhances its growth.


Ripple’s founders created XRP, a digital currency that can transfer money. If you’re looking for a sort of crypto PayPal, this is the service for you.

Ripple uses a public blockchain called the XRP Ledger to invest extensively in non-fungible token ventures. According to Inside Bitcoins, Ripple is portraying itself as yet another “Ethereum killer.”


Starting in 2021, Solana had only a tiny fraction of the cryptomarket’s total market capitalization. Still, by September, it had shot up to number ten on the list of most valuable cryptocurrencies, challenging Ethereum’s dominance. According to CoinMarketCap, Solana presently has a market valuation of $68.63 billion, placing it sixth in market share. According to Decrypt, the attractiveness of this technology rests in its speed and flexibility in building decentralized blockchain applications.


Polkadot was invented by Ethereum representatives who decided to form a new cryptocurrency with a faster network than the current one. There are multiple “lanes” for transactions at Polkadot instead of just one. Coins like this one are designed to reward long-term investors while weeding out short-term traders.


As it is a stablecoin, the value of Tether is linked to the value of the US dollar. As a result, it is less volatile than other cryptos. The price is always in the vicinity of $1’s. For profit, you can’t buy Tether and sell it when it’s cheap, but you could utilize it as a haven for the funds you’re moving from other cryptocurrencies to Tether.

According to CoinMarketCap, Tether is the 4th cryptocurrency with nearly $74 billion market cap.

The Final Take

Cryptocurrencies are unquestionably here to stay. As a result, the topic of where to put your financial capital becomes paramount.

While investing always make sure to bear some insights in mind such as:

  • An organization’s average transaction time
  • The costs of doing business
  • Ability to use your cryptocurrency to make purchases and bank transactions.

It’s important to understand that cryptocurrency is not a rapid money making opportunity; instead, it is a long-term investment. Consider it an investment for the long haul.



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DeFiX Solutions is an open-source P2P protocol that wants to build a decentralized trading platform that is secured by escrow.