Since the cryptocurrency market is changeable and price fluctuations happen pretty often, it enables loads of earning opportunities for crypto traders. Some popular trading strategies include scalping, day trading, position trading, arbitrage, etc. They imply opening and closing positions on the market (buying/selling digital assets) to receive a profit from price changes. Often, traders use trading bots – these are automated programs connected to an exchange that track cryptocurrency prices live and open/close positions according to conditions, pre-configured by a trader. Some bots require manual script configuring, and others are ready-to-use.
Beginner traders find it challenging to handle some complex trading strategies, so they often choose to invest in crypto assets and hold them long-term until price boosts. Let’s talk about some promising crypto assets to invest in.
Cryptocurrency Best To Invest
When picking an asset to purchase for long-term investment, think about the essence of the project, its position in crypto rankings, and experts’ opinion on future project development. According to the world’s experts’ assessments, the following projects have all the chances to boost in the future:
- Binance Coin (BNB)
- Cardano (ADA)
- Ripple (XRP)
- Ethereum (ETH)
- Solana (SOL).
Bitcoin (BTC) remains the best cryptocurrency to invest for it is the market’s leader.
How To Invest In Cryptocurrency?
You can buy the best cryptocurrency BTC and all other popular digital assets on the WhiteBIT exchange. For this purpose, you should register an account and pass KYC. Verification is necessary if you want to buy crypto with fiat money. Simple swapping does not require KYC. However, if you’re going to use all the trading tools of the platform, you will have to verify your account.
Click the “Trade” button and pick an asset you wish to receive. Pay the transaction fee and wait for a couple of minutes. In a short time, coins will arrive in your account.