Best Cryptocurrency to Invest in 2020 – Crypto trading in 2020 can be a minefield if you don’t know where to start. There are lots of good and bad crypto exchanges and coins to choose from. In this article, we’ll look at 3 great coins and 3 trustworthy exchanges that have lasted the test of time.
Research is key when it comes to choosing coins to invest in, so make sure you read everything we lay out before you get started. If you believe in the technology, and team behind the crypto, you’ll be confident to ride the waves through uncertainty until you profit.
When it comes to cryptocurrency, when you find a coin that you believe in, it’s best to get in early while the price is low and try to be patient until your coin becomes truly profitable.
Here are some of my favorite cryptocurrencies. They all have great teams behind them and are consistently working to make their cryptocurrencies better.
Best Cryptocurrency to Invest In 2020
Vechain (VET) [Binance]
Vechain is a cryptocurrency that’s taking the world by storm. Due to it being an Asian-based cryptocurrency, it didn’t receive as much attention as others.
Vechain allows manufacturers to allocate RFID identifiers to their products before they are sent out for delivery. This recorded information is recorded across the supply chain and is available on Vechain’s blockchain. This means that products that leave the warehouse, will be the same products arrive at the store and cannot be replaced with fakes. By using the blockchain to store this information, it makes it impossible for the information to be remotely edited or hacked. Vechain is easily the best cryptocurrency to invest in 2020.
Vechain has accumulated partnerships left, right and center over the years with some corporations both in and outside of China. Their cryptocurrency is set to revolutionize the way we transport and track our goods.
Another benefit of holding Vechain is VeThor. VeThor is another cryptocurrency that you receive when you store your Vechain in specific wallet, such as the one in Binance. Every month, you will receive some VeThor into your wallet. You can later sell this VeThor off as a separate cryptocurrency for a profit.
VET can be traded on Binance.
Tron is the brainchild of Justin Sun, an entrepreneur and businessman. Tron had a rocky start when no one was really sure what it was trying to achieve. They raised $70 million in 2017, and most were sure that the company would have disappeared from site by now.
However, Tron still lives and thrives now. Justin Sun and his team have decided to decentralize the internet – meaning that they want you to be able to transfer data seamlessly with other people without censorship. There would instead be collectivized ownership of data. To get started, the Tron Foundation bought Bittorrent, the world’s most popular torrent client.
Tron also distributes other cryptocurrencies when stored in the right wallets, such as Binance. You can receive both BTT and WIN tokens, simply by owning Tron. You can also sell these tokens to make extra cash.
Tron can be traded on Kucoin.
Zilliqa (ZIL) [Bittrex]
Zilliqa is another revolutionary coin that is bound to blow-up (in a good way). As you might have heard about Bitcoin and Ethereum, transactions got quite expensive and slow during the last bull run. A bull run is when cryptocurrency prices spike to their highest amounts within a relatively short period of time.
Zilliqa changes the way blockchains make their decision and allows the network to scale with the incoming transactions. This means that there is no limit to the number of transactions that Zilliqa is able to process per second. Zilliqa can process hundreds of thousands of transactions per second.
Zilliqa can be traded on Bittrex.
Crypto Trading 2020…
And that’s my list for the best coins to invest in at the moment. These coins are all currently at a fantastic price point and have made some great profits in the past. As with everything in the crypto world, nothing is guaranteed. You may make it big, or you might not, but you definitely won’t make a cent if you don’t at least try. These are some of my favorite investments for the future that won’t break the bank. To learn more about trading in cryptocurrency, check out How to Become a Crypto Millionaire in 2020.