[ad_1]
HodlX Guest Blog Submit your post
An effective encrypted investment strategy for beginners should make you put your toes in low-risk activities. But with hundreds of tokens listed in the exchanges, where should you start?
If you're new to cryptography, Bitcoin and Ethereum will be the first two coins you hear. As evidenced by market capitalization and trade volume, Bitcoin has emerged at the center of a growing digital currency market in the last decade, while Ethereum is part of its evolution, introducing smart contract technology and opening up the possibilities of applications decentralized (DApps).
But are they a good investment?
& nbsp
Bitcoin
Bitcoin (BTC), the original peer-to-peer currency, is probably the most stable cryptocurrency. In the ten years since its inception, Bitcoin has shown its use as a store of value, which the countless other coins have failed to do. This makes it the most accessible currency for crypto traders, with more exchanges, software implementations and entrepreneurial efforts to support its model, creating a much more liquid and secure asset.
Ethereum
Differently from Bitcoin, Ethereum is a blockchain platform designed to allow other projects to execute the so-called "intelligent contract protocols", which allow the automatic execution of a given task if certain agreed conditions are met. Ethereum (ETH), led by Vitalik Buterin, has been a mainstay since its initial launch in 2015, leading many developments in space and paving the way for last year's ICO boom.
Not convinced? Currently there are over 1,000 cryptocurrencies based on ERC-20 implemented on the market – over 60% of all token models – a number that makes Neo and Stellar competitors appear void and demonstrates the resounding impact of the Ethereum concept.
A word about Altcoin
Although investing in altcoins can be profitable, an investor in the first experience can easily be convinced of the future value by deceiving market capitalizations and relative profitability, or it could cover potential losses too quickly – scenarios that can determine the stability of the market. baggage once the value of a token drops unexpectedly.
However, altcoins are not necessarily bad investments. In fact, many of them represent future technologies that could prove to be just as important as those of Bitcoin and Ethereum. However, their higher risk / reward ratio is sufficient to make them an unfavorable move for new cryptic investors.
Finally, remember that even secure cryptographic investments do not have the standards guaranteed by traditional insurance companies and only invest an amount you are willing to lose.
Both Bitcoin and Ethereum are technologies that can change the digital landscape and offer safe investment opportunities for beginners. Do not limit yourself to believe on the word: due diligence and critical thinking will always see beyond exaggeration and identify the heavyweights.
Kepler Technologies Team
Kepler Technologies was founded with an ambitious goal: to create customer-focused trading solutions, portfolio management and business intelligence that integrate investments in DLT and digital assets and drive a lasting adoption.
Some products are already available: Lukrum (portfolio management service for blockchain assets) and EOS portfolio (portfolio tracker for EOS token holders). Find out more details below.
Web sites
Lukrum
Eosportfolio
info (at) kepler.finance
& nbsp
Disclaimer: The opinions of our guest writers are exclusively their own and do not reflect the views of The Daily Hodl. These opinions expressed are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and operations are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital assets, nor The Daily Hodl is an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Check out the latest news
