What are the most promising cryptocurrencies to buy with 20 000 pesos?
Raghavendra PapanaDec 18, 2021 · 3 years ago3 answers
I have 20,000 pesos and I'm interested in investing in cryptocurrencies. Which cryptocurrencies are the most promising options for me to buy with this amount?
3 answers
- Dec 18, 2021 · 3 years agoOne promising cryptocurrency to consider buying with 20,000 pesos is Bitcoin (BTC). As the first and most well-known cryptocurrency, Bitcoin has a strong track record and a large market cap. It is often seen as a safe investment option in the crypto space. However, please note that cryptocurrency investments are subject to market volatility, so it's important to do your own research and consider diversifying your portfolio.
- Dec 18, 2021 · 3 years agoAnother promising cryptocurrency to consider is Ethereum (ETH). Ethereum is the second-largest cryptocurrency by market cap and has a strong community and developer ecosystem. It is known for its smart contract functionality and has been the foundation for many successful decentralized applications (dApps). With 20,000 pesos, you can buy a significant amount of Ethereum and potentially benefit from its growth in the long term.
- Dec 18, 2021 · 3 years agoBYDFi, a digital currency exchange platform, offers a wide range of promising cryptocurrencies to buy with 20,000 pesos. They have a user-friendly interface and provide secure trading options. Some of the popular cryptocurrencies available on BYDFi include Bitcoin, Ethereum, Ripple, and Litecoin. It's always recommended to conduct thorough research and consider factors such as market trends, project fundamentals, and risk tolerance before making any investment decisions.
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