But then, after Bitcoin reached its highest point in December, the price of Bitcoin dropped to around $6000 in February 2018 and has been fluctuating ever since. The price of 1 Bitcoin has gone from around $76 ( 07.09.13) to as high as $20,000 in December 2017. Take a look at the following chart and you will see just how much the price changes. The price of Bitcoin changes a lot every day, and has seen many highs and lows over the last few years. So, if Bitcoin continues to increase as it did in 2017, then investing in Bitcoin might be a good idea for 2023. It is the biggest cryptocurrency - it currently has a 40% share in the total cryptocurrency market cap! It is the oldest cryptocurrency and it still dominates in the market. If, somehow, you’ve only heard of one cryptocurrency, it’s probably Bitcoin. What are the Best Cryptocurrencies to Invest in 2023?īelow, you'll find a few options for the best cryptocurrencies to invest in 2023 and beyond ( well, at least for the foreseeable future).
BEST CRYPTO COINS HOW TO
Instead, you can learn how to invest in the cryptocurrencies that use blockchain ( which is all of them!)Īre you ready to find out about the next cryptocurrency to invest in 2023? Well, let’s get started. You can’t learn how to invest in blockchain, though. One of the reasons why cryptocurrencies are becoming more popular is because of blockchain technology, which is the main technology behind all cryptocurrencies.īlockchain technology is the next big thing – it is a secure piece of technology that was first used by Bitcoin. It is difficult to predict the future of cryptocurrencies, but what I do know is that the popularity of cryptocurrencies is only increasing. Some people believe that the cryptocurrency phase won’t last long, while others think they’re going to be around forever. There are a lot of things being said about the future of cryptocurrencies. The following chart from CoinMarketCap shows the growth of cryptocurrencies over the years. All of these have performed incredibly well over the last year and can all be called " the best cryptocurrency to invest in". There are other cryptocurrencies that have entered the space, such as Ethereum, Litecoin, and Ripple. The market isn’t just about Bitcoin anymore. That’s huge! Market cap: The total price of all coins added together. The market cap of cryptocurrencies grew by 4000%! The market cap of all cryptocurrencies was around $21 billion in March 2017, whereas it is now over $454 billion. It’s clear that 2017 was the year crypto really blew up. There are now more than 1500 different cryptocurrencies, all created in less than 5 years.
However, since 2013, the cryptocurrency market has seen huge growth - growth that has been hard to ignore. Additionally, no one even thought that it might become the best cryptocurrency to invest in. That was just the beginning though, and nobody really knew about Bitcoin until 2013. The first cryptocurrency, Bitcoin, was invented back in 2009. One of the leading crypto exchange platforms in the industry.Ī reliable, well-known and respected cryptocurrency exchange platform.īut first, let’s talk you through the recent growth of cryptocurrencies.
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