ASK LEO: WHAT CRYPTOCURRENCIES ARE THE BEST TO INVEST IN ON GOOD DAYS?

Source

While this may not be the best of times to invest in cryptocurrency, these digital tokens are sure ways to earn passively. On good days, crypto is an avenue to earn passive income on the side all day with or without your full involvement in the process. There are no restrictions, and no monopolies and every transaction is done transparently.

Interestingly, a good number of investors have been undeterred by the unrest in the crypto market. Whether or not you should invest in cryptocurrency at this time is a decision you’d have to make after quantitative research, of course.
This article lists a few cryptocurrencies that can help you earn passively in 2022 and the next year, 2023!

BITCOIN

You and I know there's no complete list without the almighty Bitcoin. Bitcoin has continued to weather the storm repeatedly. However, the year 2022 storm has hit the cryptocurrency market a lot harder than we'd expected. A global currency Considering the fact that it now holds a record in the Guinness Book of World Records, it is safe to say that BTC is a credible resource to channel your investments. If you ask me if now would be the best time to invest your money in Bitcoin, my honest answer would be that I do not know for sure. Still, always, always DYOR!

ETHEREUM

I bet you knew this was coming next. I mean, Ethereum has been next in line after BTC for quite a while, and I doubt that’s changing anytime soon. Despite market volatility, Ethereum remains the second-best cryptocurrency in which to invest your money. Although Ethereum is currently trading at $1.284.429, no one knows what the future holds. We can only hope it’s positive. Again, do your own research.

BINANCE COIN

Well, I bet you never saw this one coming. If it helps you sleep well at night, I didn’t expect it as well, but my research says otherwise! Currently, one of the coin’s main purposes is to pay transaction fees on Binance when a trade has occurred between two cryptocurrencies. According to my findings, this is one of the best coins to put your money in, especially if you’re a first-time investor.

DOGECOIN

My obsession with Doge probably has to do with Elon being the Dogefather, lol. Just kidding! I think that what intrigues me the most about the coin is how much it has grown from just a meme to an actual token. Furthermore, Elon Musk has recently stopped at nothing to garner attention for the coin at every tweeting opportunity. Brilliant, that one!

With Elon’s Twitter deal in the works, I can almost predict a better future for Doge. As I mentioned more than once in this article, always do your own research!

Dogecoin’s main usage has now become a means for tipping people online who share useful information or are just hilarious.
Source

I’d stop here just so I do not overload you with too much information. However, here’s a link for more details on the best cryptocurrencies to invest in on good days.

Thank you for reading!

Posted Using LeoFinance ^Beta