List of the most valued and important cryptocurrencies
Bitcoin
Considered the first decentralized cryptocurrency in the world , it is officially a means of payment in Japan, being accepted by more than 260 thousand establishments in the country.
But it is not just in the Asian country that bitcoin is routinely used. Even in Brazil there are establishments that receive payments in virtual currency.
It is worth mentioning that, just in November 2017, it had a 55% increase in the volume of transactions, with more than 30,000 new portfolios per day .
As early as 2018, perhaps due to controversies around the world and the rise of new cryptocurrency options, interest in bitcoin dropped – in Brazil, searches for the term on Google decreased by 90% .
Ethereum
It is considered the second-largest cryptocurrency in the world, with a market capitalization of more than US$40 billion and an appreciation of more than 5,000% since the beginning of 2017. Since then, it has registered some historic marks, including breaking the thousand-dollar barrier.
Litecoin
If the name reminded Bitcoin, it wasn’t by chance. It has the same features, but with alleged advantages.
Among them, the shorter transaction time because of greater accessibility and lower blocking rate.
ripple
It is slightly different from other cryptocurrencies in that it translates to both a digital currency and an open payment network , with lower fees and less processing delays.
In 2018, it has been operating at a low since the first days of the year.
money
Payments and transactions are hidden among its main features. The difference between it and bitcoin is that Monero creates a unique address for each transaction, with a private password that allows only the person who received the depositor who has the password to have access to the complete process information.
Dash
Transactions carried out with this currency have almost instantaneous confirmation , carried out by the Masternodes network, which allows transactions to be anonymous.
How to buy and invest in cryptocurrencies and get profitability?
The purchase and sale of cryptocurrencies is all done over the internet .In Brazil, it is possible to carry out transactions through the Bitcoin Market or through Braziliex .
What you need is to create a free account and enter the amount of virtual currency you want to buy or sell. It is noteworthy that, at Braziliex, you can request the withdrawal to your digital wallets (in the case of cryptocurrencies) or to your checking account (in the case of withdrawals in real).
There are also international companies that allow the individual to invest in cryptocurrencies using dollars.
But like any investment, you need to take a step back with bitcoin. The main argument of experts for caution lies in the wide variation in its value, which can fluctuate more than 10% in the same day.
There are even reports of investors who lost R$3,000 in just 20 days. But as the currency’s appreciation potential is considered great, it can be worth as an investment. All you need to do is surround yourself with information and not go too thirsty for the pot. According to experts, a more conservative strategy is ideal to obtain good profitability without becoming so vulnerable to cryptocurrency volatility.
