Cryptocurrency: Pros and Cons and the best ones to invest

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There are some advantages and disadvantages of this virtual currency which we must understand.

Although there are already some known cryptocurrencies, the most used is still Bitcoin and nowadays it has the most impact.



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Let's look at some advantages of cryptocurrencies:


  • Cryptocurrency payments are instant
  • The cryptocurrency system is very safe
  • It is very easy to make payments, and you can use QR codes to pay from your mobile
  • There are no high tax rates to send money internationally
  • As they are electronic currencies they offer us more privacy

Among the disadvantages we will highlight:


  • Internet connection is required to carry out transactions
  • The vulnerability to quantum computers
  • That the price is given for supply and demand
  • If we forget to create a backup we could lose the virtual money
  • Some of the cryptocurrencies are banned depending on which countries
  • As you can see, there are advantages and disadvantages in cryptocurrencies.

What are the most profitable cryptocurrencies to invest?



If we take into account that the value of cryptocurrencies is multiplying and that the interest in them does not stop growing, it would be interesting to take advantage of this moment to invest in these virtual currencies.

And I am not referring to undermine them, but to invest .

If we were to recommend the most profitable cryptocurrencies to invest this year, this is the list we will give you. It will be up to you to invest, but if you consider this selection of cryptocurrencies, you may get good results.

The most profitable cryptocurrencies to invest are:

Bitcoin : Of course, the most popular virtual currency of all time could not be excluded from this selection. Investing in Bitcoin can offer you good results since although its profitability is not being so remarkable yes we can highlight the increase in its value, which has been a lot. The daily capitalization of the Bitcoins exceeds 1,000 million dollars. In the remainder of the year it could double its value, so investing in Bitcoins can be a good option.


Ripple : We can also recommend investing in Ripple , which is the currency with which many banks sell. The figures rise every day and their daily capitalization is wide. It is an upward value.


Litecoin . Without doubt the second most recognized currency, behind Bitcoin. With a good profitability, it manages an important daily volume, and usually exceeds 1,000 million dollars without difficulty.




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Anthares. From 2016 it is a relatively new virtual currency but it is having a good reception among investors. During this year it has been very profitable, so those who have invested will have earned a good amount. It does not have a large daily capitalization but the profitability that is handled is very good.


Ethereum . Although it was quite unnoticed until now it was this year 2017 when many of us realized its potential, and what it could mean to invest. Capitalization, at this time, exceeds $ 1 billion, and in fact is usually above Bitcoin. Many invest Ethereum as an alternative to gold.

Investing in cryptocurrencies can be another alternative, and if you are well informed that you can get good returns during this year and those who come.

Of course, it is important that you have updated information, and that you take the necessary precautions to avoid possible risks, just as you would with any other investment.



Thank You.


Posted via Steemleo | A Decentralized Community for Investors


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