Are you looking for the Best Cryptocurrency to invest in April 2021? Cryptocurrency is a quick and easy way to get rich provided you can withstand the volatility and risks involved. You can win big or lose it all.
I have seen many financial bloggers dabbling into Cryptocurrency. Cryptocurrency has formed part of their investment portfolio. For myself, I remained as a conservative investor. I also invest in Cryptocurrency but it only makes up a minor position in my stock portfolio such that losing it all does not cause me to have sleepless nights.
Now, let us look at which is the Best Cryptocurrency to invest in April 2021.
Most people are familiar with the world’s first cryptocurrency Bitcoin (BTC). This oldest cryptocurrency is so popular that it can be used as digital currency for peer-to-peer electronic transactions and traded for goods and services with vendor or merchants that accept Bitcoins as payment.
Below shows the 1 month Price (USD) movement of Bitcoin. If you have bought Bitcoin at the start of April and sell it end of April, you would actually have lost money.
This shows that you should look at other form of Cryptocurrency and not just Bitcoin (BTC).
Ether (ETH) is the native currency that powers the Ethereum platform. The decentralized platform enables Smart Contracts and distributed applications to be built and run. A “Smart contract” is simply a piece of code that is running on Ethereum.
Ethereum ETH has rose by 43.77% in just 1 month!
Not many people would have heard of Monero (XMR). XMR is a cryptocurrency that powers Monero launched in April 18th, 2014. Monero is also known as a private digital currency as transactions on the Monero blockchain cannot be tracked or traced.
Monero rose 59.73% in 1 month!
Ripple (XRP) connects traditional financial institutions, payment providers, digital asset exchanges and corporates via RippleNet. Because of the low cost cross border transfer fees which is one of the benefit of Ripple, this cryptocurrency has won many banking customers such as CIMB, Standard Chartered, Siam Commercial Bank etc.
Ripple (XRP) has rose 152.76% in a month!
Dogecoin features a Shiba Inu on its logo. Doge is a cryptocurrency that was forked from Litecoin in Dec 2013. Dogecoin has 1 minute block intervals making it faster than other blockchains. There is no cap to the supply of coins and thus the coin can inflate infinitely.
The recent twitter posts by Elon Musk has caused the price of Dogecoin to spike. Dogecoin has rose 554.76% in a month!
Dogecoin is the clear winner here with the price rising 554.76% in a month.
|1 month Price Movement (%)
If you are keen to jump onto the Crytocurrency bandwagon, Crypto.com Exchange is a good way to start for buying and selling Crytocurrency.
Sign up using my Crypto.com Exchange referral link and if you stake 5,000 CRO, you and I will each receive $50 in CRO.