What is the best cryptocurrency investment?
Here’s a question I’m often asked and one that’s on most people’s minds:
“What is the best cryptocurrency investment?”
My answer is always the same. It doesn’t matter if you’re new to cryptocurrency or a cryptocurrency veteran.
The best cryptocurrency investment (in my opinion) is also the best asset class, having returned 10x more than the Nasdaq 100 over the past decade.
The answer is Bitcoin.
I know this newsletter is geared towards altcoins, but when it comes to diversifying your portfolio, the first digital asset you should own, no matter where you live, is Bitcoin. period.
Bitcoin offers the average investor an excellent hedge against inflation, and Bitcoin may continue to be the best-performing asset class over the next decade.
But Bitcoin doesn’t create life-changing wealth. This is where altcoins come in.
The appeal of altcoins:
Some of the largest returns realized in financial products have been within the cryptocurrency space. Some of the biggest gains within the cryptocurrency space have come from meme coins.
Like Pepes Story where investors change $125 ~ in Increased $1,000,000 in just 4 days:
Crypto investor converted $125 into over $1M (in 4 days) with this Meme coin!
This meme coin has increased +4,500x in the last few days!
If you’re wondering why meme coins are so popular, they’re your ticket to life-changing wealth. However, as the potential for profit increases, so does the risk.
Cryptocurrency trading is just one of many ways investors can earn returns on their investments. The cryptocurrency space offers investors a variety of ways to earn returns on their investments.
Many other ways to invest in cryptocurrency:
Over the coming weeks, this newsletter will cover different ways to invest in cryptocurrency, including:
- Staking & Yield Farming
- Own mining and cloud mining
- Node Ownership and Masternode
- Participation in ICO, IDO, IEO
- Airdrop and fork, etc.
If you’re looking for a better ROI than Bitcoin when it comes to investing in cryptocurrency, but don’t want the risk that comes with meme coins, now is a good time to invest in cryptocurrency. become a member.
Join us – as we move into the preparation phase.
Bitcoin price is currently just above $71,000. While this may sound like a lot of money for a single Bitcoin, we believe this is just the beginning of what will be one of the biggest growth opportunities the cryptocurrency space has seen in at least the last four years.
If you haven’t yet started diversifying your portfolio with cryptocurrencies, it’s not too late. Now is a great time to enter the market while prices are relatively low.
If you want to know what we’re buying, please join us through our monthly shares. Altcoin Recommendation Looking forward to the upcoming Bull Run – Become a member to access.
Richard.
Top 100 Popular Altcoins
There are lots of green products hitting the market again this week!
Today’s Crypto Fear and Greed Index
Today’s Cryptocurrency Fear and Greed Index = extreme greed –> Decrease to 76 (from 79 last week).
Bitcoin and Ethereum price changes
Bitcoin increase 2.8% Here are the prices it is currently trading at last week: $71,800. Over the past 90 days, Bitcoin has increased by: 59.1%.
Ethereum increase 5.8% Here are the prices it is currently trading at last week: $3,714. Over the past 90 days, Ethereum has increased by: 51.3%.
Global cryptocurrency market capitalization increased to $2.69T (from $2.62T last week).
Top 100 Gainers – Last 7 Days
The biggest gainers over the past 7 days (in the top 100) are:
Etherna (ENA) +69.1% – 67th
Ether (ENA) is a DeFi project that attracted considerable interest even before its official launch, with futures rising 22.29% prior to launch. Introduced on Binance Launchpool, this feature allows users to farm ENA by staking BNB and FDUSD with a supply of up to 15 billion ENA. The project focuses on yield farming through staking and issuance processes, such as USDe issuance on Ethena Finance, with an emphasis on DeFi mechanisms. In particular, BitMEX co-founder Arthur Hayes predicted the possibility of ENA rising up to $10, indicating strong market optimism and increasing popularity of the project. Performance is expected to improve further with the participation of Korean traders.
Nervos Network (CKB) +37.2% – 87th
Nervos Network (CKB) Designed for scalability, interoperability, and sustainability within the blockchain ecosystem. Key features include a dual-tier architecture for security and scalability, use of proof-of-work for decentralization, and introduction of a new virtual machine, CKB-VM, for developer flexibility. It also introduces innovative token economics and cell models for improved scalability and programmability. Nervos aims to be a general-purpose blockchain infrastructure that leverages modular design and advanced features to support a wide range of applications and services.
PENDLE +33% – 70th
PENDLE A DeFi protocol that introduces a new approach to yield management and tokenization on the Ethereum blockchain. This will allow users to tokenize yielding assets into Principal Tokens (PT) and Yield Tokens (YT), facilitating independent trading of these components. This innovative mechanism allows users to optimize yield returns and execute advanced yield management strategies based on different market conditions.
Bitget Token (BGB) +23% – 64th place
BitGet Token (BGB) It is the basic utility token of the Bitget cryptocurrency exchange and provides various benefits to holders within the platform ecosystem. These benefits include reduced trading fees, participation in platform governance, access to staking rewards, and exclusive features. Bitget may also implement a token burn mechanism to manage the supply of BGB and support its value.
Biggest microcap gain in the last 30 days
We review and analyze small and micro market cap cryptocurrencies every week to find out: low cap jewelry. This provides the best performance (quality). microcap project In the past 30 days:
Highest performing quality micro cap (last 30 days)
meme coin
Meme Coin is a cryptocurrency inspired by internet memes, humor, and online communities. Overall, the meme coin sector continued to perform well this week.
But while these projects may be fun and novel, most meme coins have no intrinsic value and often suffer from pump-and-dump schemes. Although we do not recommend investing in these types of coins, it is always interesting to watch this sector perform during bull markets.
Meme Coins with the Best Performance
Meme coins continued to surge this week. The biggest meme coin earners are: normalmore +3,036% in the last 30 days.
15 Cryptocurrency Scams to Avoid in 2024 | Altcoin investor
We cover the most important cryptocurrency and blockchain scams to avoid this year.
Monthly Altcoin Selection
We apologize for the delay in releasing the April altcoin picks.
The original project we were excited to announce at our April Altcoin Pick was one focused on addressing the demand for AI GPU processing, one of the fastest growing sectors today. However, during the research phase we identified so many red flags that the project ended up not being listed (at the 11th hour).
One red flag I want to discuss is that your team is not subject to doxxing. I value anonymity in line with Satoshi Nakamoto’s values, but crypto teams need to be publicly identified for investors to take them seriously.
Nevertheless, this week our April altcoin picks will be revealed.
To access this monthly Altcoin recommendation and future monthly Altcoin recommendations, consider the following: become a member – It only costs the cost of a few cups of coffee a month.
Altcoin recommendations are emailed to members as soon as they are posted. Wondering how to choose your monthly Altcoin picks? methodology we use.
Altcoin Recommendations for Previous Months You can find it here.
We express our gratitude and respect to all members!
Until next report,
Richard.