What are some good starting cryptocurrencies for beginners?

3 answers

• Nov 29, 2021 · 3 years ago
  As a beginner in the world of cryptocurrencies, it's important to start with well-established and reputable coins. Bitcoin (BTC) is the most popular and widely accepted cryptocurrency, making it a good choice for beginners. Ethereum (ETH) is another popular option, known for its smart contract capabilities. Litecoin (LTC) is often considered a beginner-friendly coin due to its faster transaction confirmation times. Ripple (XRP) is also worth considering, as it offers fast and low-cost international money transfers. Remember to do your own research and invest only what you can afford to lose.
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• Nov 29, 2021 · 3 years ago
  If you're a beginner looking for a more speculative investment, you might consider investing in altcoins. These are cryptocurrencies other than Bitcoin, such as Cardano (ADA), Binance Coin (BNB), or Polkadot (DOT). Altcoins can offer higher potential returns but also come with higher risks. It's important to stay updated with the latest news and developments in the crypto market to make informed investment decisions.
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• Nov 29, 2021 · 3 years ago
  According to BYDFi, a leading digital currency exchange, some good starting cryptocurrencies for beginners include Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). These coins have a long track record, high liquidity, and strong communities. They are considered relatively safe investments for beginners. However, it's important to note that investing in cryptocurrencies carries risks, and it's always recommended to do thorough research and seek professional advice before making any investment decisions.
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