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This article is written for those who want to earn passive income on cryptocurrencies. We will tell you how to invest money in crypto coins correctly and with the least risk.

Where do beginners usually start? They put in their portfolio the most famous and, as they believe, reliable cryptocurrency - Bitcoin. This is a good start, especially if you are not very well versed in the cryptocurrency world. But there are other coins that are worth taking a closer look at, because today there are more than a thousand different cryptocurrencies in the world. And you can get a good income from them, surpassing the income from Bitcoin. You should learn a few rules that will help you create your first investment portfolio without risk, and master

strategies for investing in cryptocurrencies.
Invest not in 1-2 cryptocurrencies, but create a portfolio of at least 10 coins, and preferably 25-30.

First of all, pay attention to Ether, Ripple, Bitcoin Cash, EOS, Cardano, IOTA, NEO, TRON, NEM, Litecoin, Zcash, Dash, and, of course, Bitcoin.

If you invested a thousand dollars in Bitcoin on January 1, 2017, a year later you would have received 19 times more.

But if the same amount was invested not only in Bitcoin, but also in cryptocurrencies from the TOP-25 in equal parts, the investment would bring you 115 times more than the initial investment and 6 times more than investing in BTC alone!

1. Another important tip: do not put off investing in cryptocurrencies by collecting a large amount for this.
2. Start building your portfolio as quickly as possible. Even if the amount is very small.
3. Think about how much you are willing to invest each month so that investing is not painful for you.

You invest the amount you have decided on monthly, following a certain order.

These tips will help you create good and reliable capital in a relatively short period of time. The main thing is not to deviate from the decision and stick to the strategy.

But the fact is that coins will not rise within a few days; their value may even fall for weeks or months. Then newcomers rush to sell coins, which leads to losses. After some time, the coins begin to grow, but time is lost.

It is better to buy not the coin that has jumped in price, but the one that, on the contrary, has fallen. And focus on the long-term period of 3-5 years, without panicking at the moment of the rate drawdown.

How to avoid making mistakes when building your portfolio

1. The coin you bought has become cheaper. There is no need to rush to sell it. Wait for it to grow again.
2. All coins from the TOP 25 by capitalization have a reliable platform behind them and over time, almost all of them will increase in price.
3. To prevent risks, you need to form a portfolio of 10 or more coins. Even if 1-2 of them fall in price, the rest will compensate for this fall.
4. It is necessary to transfer and convert currencies on proven and profitable exchangers, for example on BestChange

The cryptocurrency market has great potential. To make sure of this, let's look at each coin separately.

If you already have a crypto portfolio, you may only need to invest as little as $100 a month and within five years you will have enough money to feel financially free.

The more you know about cryptocurrency investment strategies, the more likely you are to make a successful investment. This book will help you understand them. “The honest truth about 25 strategies for investing in cryptocurrencies and blockchain”. From it you will learn

• how to register and protect a cryptocurrency wallet;
• how to quickly and profitably purchase crypto coins;
• how to correctly form your first crypto portfolio;
• how to properly manage a portfolio containing more than a dozen coins from anywhere in the world;
• how to avoid the mistakes of novice investors.

Download the book right now.

Do you doubt the correctness of your chosen path? Do you have any questions? Here are some of the most FAQ investors.

Question 1. What amount will be required for initial investment in cryptocurrency?

You can start investing with any amount. 1000 or even 500 rubles will be enough. The main thing is to invest the intended amount every month, regardless of the circumstances, and put the “right” coins in your cryptocurrency portfolio.

Question 2: Investing in cryptocurrency is difficult to do without some technical knowledge. What's the best way to start if they don't exist?

The book contains guides on investing in cryptocurrency for all occasions: how to work with wallets, how to buy your first coins. You will learn rules that will help you invest without risk.

Question 3. Cryptocurrency prices are not stable. Is it too risky to invest?

In fact, coin prices go up and down. But it is important to be able to correctly form a portfolio that will include different cryptocurrencies, primarily relying on those coins that have proven themselves well. Over the long term, the cryptocurrency portfolio is growing.

Question 4: What is the best way to invest in Bitcoin?

Bitcoin is the first and most famous cryptocurrency. But its profitability leaves much to be desired. In fact, there has been a more profitable cryptocurrency for a long time. Moreover, if you buy different coins, you will avoid risks. If one coin goes down, you can compensate for the losses on others.

Question 5. The media often writes about hacker attacks and hacks on stock exchanges. Is it possible to safely store coins?

Unfortunately, crypto coins still remain quite accessible and desirable prey for hackers. But the book contains instructions for those who intend to protect their investments. You will learn not only which wallet is better to have, but also how to cope with risks and ensure reliable protection.

Download the book right now, to learn all the secrets of successful investing.

Also visit free online master class on portfolio investment in cryptocurrencies.

Want to invest in cryptocurrency but don't know where to start? Bitnewstoday has collected seven of the most popular platforms and applications worthy of your attention. With their help, you can start investing in cryptocurrency.

Before we begin, I would like to say a few words that crypto exchanges were not considered, since they were created primarily for traders, and not for investors in search passive income. The list was compiled according to a search in systems for various queries, for example, “crypto passive investing” and the like. This does not include projects that are no longer working, as well as projects related to the sale of tokens (ICO, IEO and similar) - too many of them never released finished products.

It was also decided not to add Robinhood, despite the fact that the company provides the opportunity to invest in top cryptocurrencies through the application. Robinhood appears to be in a different league, positioning itself as a new-age brokerage provider. So these guys are in a great position in another ranking.

Revix

Revix is ​​a new UK startup that is attracting attention due to the ease of use of the platform for new investors. Revix makes it easy to passively invest and diversify your cryptocurrency portfolio by purchasing one of four themed packages.

The Revix platform automatically tidies up your portfolio every month so that one currency doesn't dominate another. This startup has another advantage: the founding team consists of professionals with institutional investment experience. There is also a serious drawback: the company only offers packaged products and does not provide the opportunity to purchase individual cryptocurrencies.

CoinBits

It was founded by the famous 19-year-old crypto millionaire Eric FINMAN. The basic concept of CoinBits is very simple. CoinBits rounds up its customers' daily credit card purchases to the dollar and invests the remaining cents in Bitcoin.

The CoinBits mobile app also allows users to set up recurring charges from a customer card to their cryptocurrency investing account. According to Finman, the idea is to democratize access to currency by allowing ordinary people invest nominal amounts.

Although the startup idea is quite simple and straightforward, it has several disadvantages. For example, the project domain coinbitsapp.com contains the word “application”, although in fact there is no mobile application, or rather, it is only available to customers from the United States.

Circle Invest

Launched in the US in 2013 with early investment from Goldman Sachs, Circle is a blockchain company combining crowdfunding platform Seed Invest, crypto exchange Poloniex and the dollar stablecoin. The group also includes the Circle Invest mobile application.

The mobile application, available for Android and iOS devices, allows you to invest in 13 popular cryptocurrencies, as well as 4 portfolios (called “collections” here) of cryptocurrencies from start-ups from the same sector.

Despite the professionalism of the startup team, you can find quite a lot of negative reviews about the application on the Internet, in particular, users complain about low account replenishment thresholds.

Coinbase

In addition to being a popular crypto exchange, Coinbase has one of the most popular crypto investing apps. The app is available in over 100 countries and is used by over 30 million people.

16 popular cryptocurrencies are available for trading on Coinbase, and another 80 are available for monitoring on the site or in mobile application. There is no option to invest in a cryptocurrency portfolio. Speaking of shortcomings, few people openly complained about errors or problems with services. However, on the Coinbase TrustPilot page (a review portal), you will see over 1,300 bad 1-star reviews criticizing Coinbase for high fees, slow withdrawals, and poor customer service. However, this could very well be a competitive attack.

eToro

EToro is a company located in Israel. It is one of the most popular investment platforms in the world. Created as a destination for Forex trading, eToro provides its users with the opportunity to invest in different kinds assets and automatically copy trades of professional traders.

16 popular cryptocurrencies are available for trading on this platform, including TRON, Zcash, NEO, EOS and others, in addition to the most popular Bitcoin and Ether.

In addition to cryptocurrencies, eToro offers users the ability to trade hundreds of popular Forex currencies and other digital assets. While this is an advantage for crypto investors, it can also be a disadvantage. There have been no significant updates to the service since its release.

Revolut

A British startup with Russian roots has managed to win the hearts and minds of millions of users. Revolut bills itself as a no-fee bank. But like any other fintech startup, it followed the trends and did not miss the obvious opportunity for development due to the growing popularity of cryptocurrency.

Revolut mobile banking provides the opportunity to buy 5 popular cryptocurrencies: Bitcoin, Litecoin, Ethereum, Bitcoin Cash and XRP. Revolut recently launched free stock trading. Perhaps the startup will soon delight crypto investors with new features. Unfortunately, today their choice is not that great and can be considered a disadvantage compared to other services on our list.

Spot

This project is a little different from the ones listed above, as it solves slightly different problems that cryptocurrency investors may face. Spot allows you to buy Bitcoin directly using your credit card. Additionally, it allows you to track the value of virtually all cryptocurrencies across over 150 cryptocurrency exchanges and wallets, including Coinbase. To do this, your exchange accounts must be connected to Spot.

The French startup launched just a year ago and has now raised $1.5 million, according to TechCrunch. While the TechCrunch article about the project is a good sign, there have been no major product developments this year, and the Spot social media channel hasn't been updated in nearly two months.

Illustration: The Wallet Genius

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Experts and specialists banking sector still cannot assess the wisdom of investing in cryptocurrency. However, those enthusiasts who believe in the growth of Bitcoin in the future are making profits now. The use of currency is gaining momentum due to the large number of useful ways to implement it. The number of users who have connected their business with Bitcoin is growing. This article will help you choose the right cryptocurrency and decide whether it’s worth it.

Features of investing in cryptocurrencies

The reputation of digital currency is reaching new heights, and user confidence is also growing. This is facilitated by:

• Expanding the scope of cryptocurrency use, including at the state level.
• The investment market is being enriched by new players from China and India. Countries and private companies are starting to look for funds that are not related to the political situation.
• The largest online stores today accept Bitcoin, which allows the currency to continue to develop at a rapid pace. The availability of digital currency is increasing due to the installation of street financial machines for making payments. The development of cryptocurrency is also associated with the use of new storage tools Money, development of mining.

Experts predict that the value of cryptocurrencies will rise. However, periods of “stagnation” are possible, when positions will not change, or a time of non-critical decline. It is also worth considering the fact that long-term investments bring great benefits to the investor over the course of a year and almost never go bankrupt, while with a temporary decrease in quotes, short-term investments will turn out to be completely unprofitable.

So, in the long term, if you have a fairly large amount of money, investing in cryptocurrency is definitely a profitable venture, but even with a very modest amount of free money in the amount of 10 - 25 thousand rubles, you can invest wisely and earn additional funds. It is important to assess the risks and choose the right cryptocurrency.

Which cryptocurrency to invest in?

Studying current cryptocurrency quotes – the main task investor. You also need to take into account the reliability of “digital gold”. At the moment you can easily get into difficult situation with fake currencies that are carried out by companies and are more like a financial pyramid. Verified cryptocurrencies:

1. Ethereum has shown stable development since its inception. Among the bonuses for users is the ability to independently generate blockchain applications for conducting financial transactions. The advantage of cryptocurrency is that there are no intermediary companies; this reduces the risk of theft of the invested amount of money. Ethereum users also have the opportunity to create casinos and bookmakers. In the future, according to experts, cryptocurrency will grow 10 times.
2. Bitcoin is one of the most liquid cryptocurrencies. Investors received more than 120% per annum during their investment. This is especially true for long-term investments of 5 years or more. Of course, by investing in 2012 you can get fantastic benefits today. Investing in Bitcoin is easy through a special wallet, which gives access to one of the platforms that trade Bitcoins.
3. Monero has the main advantage over other cryptocurrencies; it is the anonymity of users and transactions. There are also negative aspects: the currency is very popular on the black market, since fund transfers cannot be tracked by law enforcement agencies and others.
4. Factom is based on blockchain, which ensures data safety.
5. Counterparty is a financial platform that uses blockchain technologies and has the XCP cryptocurrency. Transactions are carried out using special Bitcoin addresses.
6. Siacoin is a completely anonymous platform with a user-friendly interface.
7. Lisk is a potential competitor to Ethereum with growth prospects.
8. Ripple is an ideal cryptocurrency for venture operations, as payment fees are reduced.
9. Steem is a payment system for completed services.
10. Zcash is a completely new platform with a high level of anonymity and good quotes.

Investment process

Knowing the benefits of investing in cryptocurrencies, and deciding which one to invest your free finances in, you need to think about the process of buying digital money

The traditional way to purchase cryptocurrencies is online wallet, access to which only the copyright holder has, fraudsters will not be able to hack it, even if the service on which it is located shares the data. You can also conduct transactions with digital currencies on special exchanges, where you receive several wallets at once for smooth transactions. Wallets on exchanges are hacked regularly, so storing large amounts of money is a big risk.

There are exchanges through which you can buy bitcoins for rubles from other users. Services of this type usually have a good rate. The operation is easy to perform if you have a card from Sberbank or any other bank. The whole process looks like this:

1. The buyer chooses a seller in whose account a certain amount of bitcoins is blocked.
2. The card number to which the transfer is made appears.
3. After the payment is made, the seller confirms that the money has been received, and the bitcoins are transferred to the buyer.

Difficulties for novice investors

Even a professional cannot predict the rise or fall of quotes for new cryptocurrencies; their rates depend largely on advertising and various kinds of speculation. With more proven players, such as Ethereum or Bitcoin, the situation is more clear and predictable. But there are a number of other problems associated with technical equipment problems. An increase in the number of users will cause transactions to be slower than usual. Payment transactions involving small amounts are unprofitable due to the transfer fee charged. This feature of the new currency can significantly weaken its influence on economic situation in the world, and also affect the price and quotes.

Advantages and disadvantages of investments

I would like to start with the advantages of investing in cryptocurrency, since it is really profitable:

• For a long time now, Bitcoin has been showing stable growth relative to other currencies. The chart shows the BTC exchange rate to the ruble.
• Users place special trust in Bitcoin. Other cryptocurrencies are not in such demand. After any falls, Bitcoin necessarily went into growth. In addition, it has a high capitalization, which further strengthens the position of the currency.
• Bitcoin has already been scaled and subsequently forked into new currency will attract even more users.
• The liquidity of Bitcoin is higher than other cryptocurrencies. The possibilities for using it when buying and selling are also extensive.
• It is necessary to invest in cryptocurrency right now, since at the moment Bitcoin and other digital money are freed from government pressure. There are no additional fees for storing coins, as is the case with deposits or bank accounts. The advantages of most cryptocurrencies: anonymity, decentralization.

In addition to the positive factors of investing, it is worth mentioning the disadvantages:

• A significant decrease in transaction speed has been causing concern among users for more than a year. According to experts, the situation can only change for the worse, but scaling the network may solve the problem.
• Some states have exclusionary policies. Excessive control will also lead to aggravation of the situation and loss of trust among users.
• An increase in the exchange rate may give way to a sharp “collapse,” which further increases the risks of investing.

Investment risks

The risks are also due to the fact that even a group of speculators acting together can influence the position of Bitcoin. It is worth remembering the time when the rate fell almost without reason: in the first days of 2017 it was $1,153, and after five days it sharply shifted to $850. Such situations are quite rare, but this possibility should not be discounted. With large investments, you can lose a significant amount.

How to assess risks?

“Altcoins”, currencies that compete with more proven players financial market, are considered even more profitable in terms of investment. However, their situation may change dramatically in 2-3 years. It is difficult to predict the exact time of stagnation, so the investor must make an independent, informed decision about the reliable investment of his own funds.

Nuances and possible problems

Experts predict that the value of cryptocurrencies will rise. However, periods of “stagnation” are possible, when positions will not change, or a time of non-critical decline. It is also worth considering the fact that long-term investments bring great benefits to the investor over the course of a year and almost never go bankrupt, while with a temporary decrease in quotes, short-term investments will turn out to be completely unprofitable.

Which cryptocurrency is better to invest in? What are the features of investing in cloud mining? What are the most promising areas for investing in cryptocurrency?

The future that science fiction writers of the last century wrote about has already arrived! Digital currency, which does not belong to any state and is not controlled by anyone, is widely used for non-cash payments and acts as an enrichment tool for thousands of enterprising and forward-thinking Internet users.

Want to join the ranks of successful crypto investors? Then this article is for you!

Denis Kuderin is with you, an expert on HeaterBober magazine. financial matters. I'll tell you why investing in cryptocurrency– this is profitable, promising and correct, which digital currencies are now on the rise, and why cryptocurrency exchanges differ from exchangers.

And you will also find out how to invest in bitcoins, ethers, litecoins and other crypto-money wisely, and why cloud mining is preferable to traditional mining for beginners.

1. Investing in cryptocurrency – make money right

A few years ago, a revolution took place in the digital universe, which the bulk of users simply did not notice. It was a bloodless and quiet revolution - someone named Satoshi Nakamoto (perhaps it was a group of people) created a completely decentralized electronic payment system based blockchain.

A blockchain is a chain of blocks that store information protected by cryptographic encryption. Copies of these chains are simultaneously everywhere and nowhere - on all computers connected to the network. There is no single blockchain storage server, which ensures its security and protects it from outside control.

The currency, which has become a new method of payment on the Internet, was called “bitcoin”. This is the world's first digital money that is not tied to any payment system or bank.

The value of bitcoins has increased thousands of times over the past few years of its existence. Many of those who bought a few hundred dollars worth of Bitcoin on occasion in 2009 are now millionaires.

Bitcoins remain the most popular and expensive cryptocurrency in the world, but they are no longer the only digital money in the world. In recent years, dozens of varieties of new cryptocurrencies have emerged. If you wish, you can create your own digital money - if you find the funds for it (cryptographic encryption is expensive).

But to make money on crypto money, you don’t have to create a new currency. Invest in existing currencies and make money on the growth of their value.

Almost all types of cryptocurrency are growing in price more or less steadily. At least a currency from the TOP 10 - for sure. You just need to buy it at the lowest price and sell it at the highest.

I will list the advantages of cryptocurrency:

• it is transmitted from person to person according to the principlePeer 2Peer- services banking institutions And payment systems Not needed;
• it is an international means of payment– use it in any country where there is an Internet connection;
• your crypto wallets cannot be controlled– no one has the right to freeze your account or limit the transfer amount;
• low transaction fees– in comparison with commissions of banks and payment systems;
• the value of cryptocurrencies is growing steadily– only in 1717, Bitcoin rose in price by 4.5 times, and ether in 4 months the price increased by 295%.

There are several ways to invest in cryptocurrency − direct purchases, exchange trading, investments in mining(cryptocurrency mining). All options are good in their own way, some require large investments, others are available to users with minimal initial capital.

It is necessary to talk about the disadvantages of cryptocurrency, since they exist. This money is not recognized by government agencies, including the Russian government. The lack of centralized control is an absolute plus, but this also means that you perform all transactions with bitcoins and other “coins” at your own peril and risk.

Another disadvantage that often turns into an advantage for a speculator is high volatility of cryptocurrency. The course changes every day. Inexperienced investors often panic and begin to drain capital when there is even a slight downward trend.

Cryptocurrency is characterized by frequent ups and downs in exchange rate

Economists and financial commentators are urging caution in dealing with crypto money. Some people talk about a bubble that is inflated and inflated, but at one fine moment it can burst with a deafening effect.

Fortunately, this has not yet happened, which allows thousands of people to earn fortunes on Bitcoin, Litecoin and Ether. If they can do it, it will definitely work for us! Go ahead!

2. 4 popular ways to invest in cryptocurrency

The simplest investment option is suitable for those who have initial capital. You just need buy cryptocurrency with this money and forget about it for a while. The method is promising, but too long. If you have little money, your earnings will be modest.

There are more profitable options - let's study them.

Method 1. Buying or exchanging cryptocurrency through exchange offices

There are many exchange offices on the network that operate on the principle of street exchangers, only they have broader functionality and more currency pairs for exchange.

Here they exchange not only rubles for dollars and euros, but also the currencies of various payment systems such as YandexMoney, Qiwi, WebMoney. They also exchange cryptocurrency here. Not all of them, but only the most popular and popular varieties.

How to earn money? Look for the best rate, buy cheaper, and then sell at a higher price.

Method 4. Investment in cloud mining

Equipment for full-fledged (classic) mining costs a lot of money. It’s not enough to find funds to buy expensive video cards, power supplies and other hardware; you also need to be able to connect and configure it all. Experts say that such a farm will pay for itself in 1-1.5 years at best.

But there is an alternative - cloud mining. Let me explain what this is with an example.

Imagine that you are mining diamonds alone. You need a drill to drill into a diamond vein, you need equipment to get down into the mine safely, and tools to extract the diamonds. It will be classic mining– mining of cryptocurrency using an artisanal method.

Cloud mining is industrial mining. You do not work alone, but become one of the investors in an entire mining company. This enterprise has professional equipment, and the efficiency is hundreds and thousands of times higher.

Yours income in this area is proportional to the invested funds, and the extraction itself is carried out automatically or semi-automatically.

3. The most promising areas for investment - 7 cryptocurrencies that earn money

I present an overview of the 7 most promising cryptocurrencies at the time of writing.

This digital money is steadily growing in price and is not going to fall.

1) Bitcoin

The first cryptocurrency on the planet. More and more online stores and companies accept BTC as payment for goods and services. This money is used to buy air tickets, cars, and book hotel rooms.

Bitcoins, like many other cryptographic currencies, have a limited supply. It's like gold - it is becoming more and more difficult to extract it, and reserves are becoming less and less. This is partly why we have seen a steady increase in the BTK rate over the past few years.

2) Ethereum

Cryptocurrency Ethereum or broadcast takes 2nd place in popularity. The currency appeared in 2015 and almost immediately after its launch began to steadily grow in value. Experts consider Ethereum to be the only worthy replacement for Bitcoin at the moment.

The authors of this cryptocurrency do not limit its role exclusively to payments. The creators propose using ethers as a means of exchanging resources or to protect transactions in the format of so-called “smart contracts”.

3) Litecoin

Litecoin is the name of not only the cryptocurrency itself, but also the peer-to-peer network that underlies it. 1 LTC costs much less than Bitcoin, but for an investor this is more of a plus than a minus - you can enter the market with a small initial amount.

4) Monero

It is considered the safest cryptocurrency. The developers made user privacy their top priority, and they succeeded. In terms of capitalization level, Monero is confidently in the TOP 10.

5) Dash

In the slang of stock traders - “dashka”. Currency created in 2014. Unlike BTK, Dash encryption operations use not one, but two different algorithms, but mining also requires much less energy.

6) Ripple

Ripple was originally a project resembling a decentralized global exchange for trading cryptocurrencies and other goods. Then it was necessary to introduce an internal means of payment - it was also called Ripple. As of 2017, this digital money occupy 3rd place in terms of capitalization.

7) Siacoin

It is both a cheap, fast and reliable peer-to-peer network and a currency with excellent capitalization prospects.

4. How to invest in cryptocurrency - a step-by-step guide for beginners

The process of investing in money that no bank in the world supports deserves a thoughtful and professional approach.

Expert instructions will help you avoid the main mistakes of beginners.

Stage 1. Choosing an investment method

Choose a method depending on your budget and the time you want to spend on making a profit. I’ll say right away that exchange and mining are long-term and risky options s that require preparation.

For those whose initial capital amount is close to zero, I recommend trying their luck at. You don’t need to invest anything there at all - you will only waste your time.

Stage 2. Creating and replenishing an electronic wallet

In addition to a Bitcoin wallet, intermediate places for storing reserve funds may be useful - YandexMoney, Qiwi, etc.

Stage 3. Buying bitcoins or other cryptocurrency

We buy BTC or other digital money on a stock exchange, exchanger or forum. Or we extract them using mining and store them in the account.

Bitcoin wallet example

It happens that a profitable deal comes your way already on the first day of trading on the exchange - someone sells or buys crypto money at a rate that is favorable to you. If you are willing to take risks, there is a chance to get rich by several thousand rubles at once.

Stage 4. Analysis of the market situation

Oddly enough, one of the most profitable stock exchange strategies is not buying/selling and speculation, but calm waiting.

If you are willing to wait several months, six months, a year, you have every chance of increasing your capital by doubling, quadrupling, or even 10-fold. This already happened in 17 - some cryptocurrencies increased in price by 100-400%.

Stage 5. Selling cryptocurrency and withdrawing funds

Converting digital money into real money is also a critical stage of the process. I again recommend using exchanger monitoring for this. If you are operating large sums, then search exchange office With best course will save you tens of thousands of rubles.

5. Where can you get cryptocurrency - review of the TOP 3 exchanges

Each exchange your own trading conditions, your own exchange rate, your own commission for input and output. Some resources have a Russian-language interface, others require basic knowledge of English.

It is important to understand that the exchange itself does not sell or buy anything - it is only a platform for secure transactions between users.

1) EXMO

A popular platform on the RuNet that provides everyone with access to cryptocurrency transactions 24/7. Intuitive interface, convenient functionality, always available support service. More than a quarter of a million users, all popular cryptocurrencies are available.

I myself used the services of this exchange, deposited and withdrew bitcoins from it, and chatted with operators.

An old-timer among cryptocurrency exchange platforms, one of the first exchanges working with bitcoins. Year founded: 2011, location: San Francisco, California.

At the time of writing, 57 currency pairs are traded here. Commissions depend on transaction volumes and the time the user spent on the exchange.

A promising exchange that is gaining popularity around the world. Founded in 2014, supports 100 currency pairs for exchange. Almost all known cryptocurrencies on the planet are represented here, including even those that are less than a year old. The interface is English, but the basic principles of operation are intuitive.

Exchange comparison table:

6. 3 golden rules for the novice investor

And finally, a few simple but useful rules that beginners should never forget about.

Remember and put into practice.

Rule 1. Follow the basic rules of deposit management

Follow universal management rules investment funds– do not invest the entire amount in one direction, do not count on quick profits, do not trust control over assets to dubious intermediaries.

The rapid growth of the Bitcoin rate has made the question of which cryptocurrency to invest in in 2020 extremely popular. Huge assortment virtual money makes those who want to make money by changing the exchange rate think about which electronic finance to choose. In order not to make a mistake with the final decision, you need to evaluate all the existing risks, compare the potential of cybermoney, take into account your own capabilities and desires, and only then settle on one of the existing options.

At the same time, it must be remembered that even the most carefully thought out and balanced step can become a source of difficulties and financial problems, since the change in exchange rate is influenced by a huge number of factors that are not always possible to consider and take into account in time. We must not forget that any investment is always associated with risk, which is almost impossible to avoid.

Before you start choosing virtual finance, you need to figure out how to properly invest in crypto money. This process not difficult, but somewhat important nuances related to investing existing savings in modern electronic currency, you need to find out in advance.

First of all, it should be noted that investing savings in bitcoins and other virtual financial resources consists of a banal purchase of cyber finance. An alternative can be called investing in mining, but this approach is more about generating passive income using previously purchased equipment rather than standard, habitual investing.

The second feature is the very limited possibility of direct purchase of most currencies. The bulk of crypto money can only be exchanged for bitcoins. The only exception is Ethereum. Additionally, you can use exchange sites, but this process is associated with risk.

Top cryptocurrencies for investment

It is not difficult to understand which electronic finance is better than others for purchase, since all the most reliable money is quite well known and is constantly heard of. Therefore, in order to get maximum profit and avoid unjustified risk, you just need to carefully study the main features of all the most popular and in demand virtual money. Considering various ways attachments not to be missed:

• Bitcoin;
• Ethereum;
• Litecoin;
• Dash;
• Bitcoin Cash;
• Ripple;
• Monero.

Each listed monetary unit from the proposed top has its own characteristics, positive aspects and weaknesses, which actively influence changes in its value. Additionally, potential investors should remember that not all investments made will bring immediate profit. Sometimes getting a decent income requires patience and the ability to wait for the desired result.

Bitcoin

To make your choice, you will have to carefully consider all the best cryptocurrencies for investment. And you should start with the most popular money - bitcoins.

The main positive side of this option is the reliability and verification of this currency by a huge army of users. She, being the pioneer of electronic finance, is rightfully a leader in the field. Its stability and sustainability are beyond doubt, and therefore you don’t have to worry that the invested funds will disappear without a trace.

One of the disadvantages of Bitcoin is the high current rate. It makes it impossible for people with insufficient savings to invest in Bitcoin. The second negative side of high value is that each, even the most popular currency, has its own growth ceiling, which it will one day reach. And the higher the rate, the closer it is.

Ethereum

Ether is perhaps one of the most promising virtual currencies. Only 2 years have passed since its appearance, but it has already surpassed other cryptocurrencies in terms of its own value, and many reputable companies working in the IT field have become interested in its use.

An important advantage of this money over numerous analogues is the ability to exchange directly for dollars, bypassing the intermediation of bitcoins. An additional advantage, which, however, is not unique, is associated with the absence of release restrictions. That is, mining of crypto-finance data can last indefinitely.

Among the disadvantages, it is worth noting the relatively high cost, which can prevent the acquisition large quantity cyber money.

Litecoin

Those who decide to invest in this cyber currency will not have to worry about its reliability. This money appeared second after Btc and has already stood the test of time.

In addition to the age of the currency, two other advantages should be noted. The first is the prevalence of money: it can be found on almost every exchange. The second is related to the speed of transaction processing - it is noticeably higher than most analogues.

There is only one minus - not the highest growth, but recent trends show that this weakness is gradually becoming a thing of the past, so those wishing to purchase litcoins should hurry up before their price turns out to be too high. If you don’t waste time, you can make a profitable deal that will bring huge benefits in the future.

Dash

Dash will not please those who decide to invest in cryptocurrency with its price. Until recently, its price allowed for quiet investment, but now it has become quite high, so only wealthy investors can afford to purchase these cyberfinances.

Among the advantages of this monetary system It is necessary to highlight well-organized decentralized governance, although the example of bitcoins has proven that this is not always a positive factor. Additionally, it is worth noting the high level of anonymity of the financial system. Owners of money are guaranteed identity concealment.

There are practically no other serious, significant positive or negative aspects, so these virtual finances can be called quite reliable.

Bitcoin Cash

This currency owes its appearance to the hard fork that happened in August 2017. It was he who led to the division of the usual bitcoins into 2 different monetary units.

Those wishing to invest in this financial system should be treated with extreme caution. Current situation on foreign exchange market indicates that better days Bcc is behind and she is rapidly losing ground.

These electronic money may only be of interest to those who expect that depreciated crypto-finance will soon begin a long and persistent ascent.

One of the advantages of this cyber currency is its relative cheapness. Although there are many other fairly well-known cryptocurrencies, which are still much cheaper and more promising.

Ripple

Another one recognized by major financial institutions and banks currency. Well-known credit organizations, including Unicredit, Santander, BBVA, cooperate with the company that developed and issued this type of crypto money.

The main advantage of Ripple over competing currencies is the enormous speed and ease of transactions, which is easy to see by reading the reviews. The current capitalization also plays into the hands of cyber money. It is one of the highest among all cryptocurrencies available today, which indicates the demand, popularity and reliability of money.

But it is necessary to remember that the growth of the exchange rate of this money is not high enough. It is stable, but noticeably inferior to the rate of increase in the value of some analogues.

Monero

The main advantage of this currency system is associated with increased anonymity. It is ensured by mixing all completed transactions, making it impossible to determine where the next payment came from. This approach helps to increase the popularity of this type of money, which, in turn, helps its growth.

Therefore, those who are wondering which cryptocurrency to invest in now should not ignore this option. He is not well known, but is already quite successful and attractive.

There are no obvious disadvantages to this type of finance, and those disadvantages that can be identified are found in almost all modern cybercurrencies.

How to invest in Bitcoin and other cryptocurrencies?

Having figured out the most important features investing in modern cybercurrencies, it is necessary to determine how profitable and promising this area of ​​​​financial investment is.

Understanding the main strengths purchases of virtual funds, it should be noted:

• low level of control by government agencies;
• versatility of financial instruments used;
• prospects for obtaining high incomes;
• the ability to choose between available options.

There are other advantages to purchasing various electronic money, which will become noticeable after receiving the first profit and starting investment activities.

Is it worth investing in cryptocurrency?

Having spoken about the main advantages and positive aspects of investing, it is necessary to mention the risks that potential investors and owners of modern cryptocurrencies will face. Before purchasing electronic products, you should pay attention to:

1. lack of legislative regulation of the industry;
2. probability of exchange rate depreciation;
3. risk of a “soap bubble”;
4. incorrect assessment of possible profits.

Special attention should be paid to the last factor. To make the right choice and purchase the most actively growing currency, you should pay attention to growth indicators expressed in hard currency. monetary unit(dollars), not percentages. Because the second one is capable of creating a false impression that will prevent you from making the right investment. It is necessary to take into account that the lower the initial price of crypto money, the easier it is to show a high increase in percentage, while the profit of investors will still be minimal.

How to invest in cryptocurrency correctly?

To understand which cryptocurrencies to invest in in 2020, you need to consider several factors:

• reliability of the chosen finances;
• growth potential;
• desired income;
• available opportunities.

It should be noted that the most reliable and profitable are the popular electronic currencies, which are trusted by a huge number of users and supported by large organizations. It must be remembered that a high exchange rate generates high risks. But the profit in such cases can also pleasantly surprise.

But those who choose not the most expensive cryptocurrency will be able to minimize possible losses, while the growth potential is often no less than when purchasing more expensive cyber finance.