What are the best cryptocurrencies to buy with 38000 yen?

3 answers

• Dec 17, 2021 · 3 years ago
  As a cryptocurrency expert, I would recommend considering Bitcoin, Ethereum, and Litecoin. These are some of the most well-established and widely accepted cryptocurrencies in the market. Bitcoin is the largest and most popular cryptocurrency, while Ethereum offers a platform for smart contracts and decentralized applications. Litecoin is known for its faster transaction confirmation times compared to Bitcoin. These three cryptocurrencies have a strong track record and are considered relatively safe investments in the crypto space.
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• Dec 17, 2021 · 3 years ago
  If you're looking for more potential growth, you might consider investing in altcoins such as Cardano, Binance Coin, or Chainlink. These cryptocurrencies have shown promising performance and have the potential to deliver higher returns. However, it's important to note that altcoins can be more volatile and risky compared to established cryptocurrencies like Bitcoin and Ethereum. Make sure to do thorough research and consider your risk tolerance before investing in any cryptocurrency.
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• Dec 17, 2021 · 3 years ago
  Based on my experience at BYDFi, I would suggest considering decentralized finance (DeFi) tokens like Aave, Compound, or Uniswap. DeFi has been gaining a lot of attention in the crypto space due to its potential to revolutionize traditional financial systems. These tokens are used within DeFi platforms and have the potential for significant growth. However, it's important to note that DeFi is still a relatively new and rapidly evolving sector, so it's crucial to stay updated with the latest developments and conduct thorough research before investing.
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