Which digital currency is worth hoarding (which digital currency has the most appreciation potential)

What digital currency is worth hoarding now? Today I recommend to everyone, let’s analyze it briefly.

Bitcoin (BTC) has risen more than 300% since its official launch on January 2, 2013. The crazy bull market started at the end of 2017, but in early 2020, the market has not shown much change and breakthrough. Subsequently, with the development of various events, Bitcoin has gradually transitioned from a relatively early niche asset to the mainstream. The current price has fallen below $50,000, which indicates that many people do not recognize this concept and even consider it a scam. Although Ethereum has developed rapidly, it has not been widely accepted by the market as many large companies claim. Therefore, many investors will choose to focus on this industry because these institutions are people with financial strength and technical background to manage the cryptocurrency market, and they are also very familiar with blockchain projects. Therefore, everyone will also focus on this field for research and exploration. At the same time, due to its technical characteristics and security, it has certain risks. If this situation occurs, it will cause the collapse of the entire industry. In addition, the price trend of Bitcoin is affected by regulatory policies of some countries, such as the recent announcement by the US Financial Crimes Enforcement Network targeting ICOs, including virtual currencies as legal trading products and other content. Of course, some countries regulate the market circulation order of Bitcoin and other digital currencies through relevant regulations. Are there any security risks during this process? In fact, there are relevant laws and regulations that can solve this problem, such as the provisions of various countries on the collection and use of securities token issuance, etc. However, according to the current relevant laws and regulations in our country, regardless of when and how, to ensure that investors’ investment behavior is not subject to legal constraints, it is necessary to comply with the law in order to obtain corresponding benefits, and sufficient security awareness and good system operation capabilities must be possessed.

In addition to the above-mentioned issues, there are several issues that need to be noted: First, there are many imitation coins currently on the market, most of which are imitation air coins. Second, most of the alternative coins in the market are still in a loss state, only a short-term rebound, but it is still uncertain whether they will eventually return to zero. Third, which digital currencies are worth buying now? I personally recommend mainly focusing on three types. One is to consider entering the market for purchase during high-level horizontal adjustments. The second is to build positions from low points to high points and evenly distribute profits, so as to obtain higher profit potential. However, one thing to note is not to blindly believe in the so-called “amazing” rhetoric, otherwise it is easy to lose badly. The third category is to seek opportunities to stabilize profits and exit during the period of oscillation and decline, that is, to buy on dips. The fourth category is some recent minor episodes, such as the occurrence of trapped positions during high-level consolidation, which may make the later price changes more intense and cause losses.

Which digital currency has the most appreciation potential

According to Coindesk news, Bitcoin prices have risen more than 200% in most of the second half of 2018. According to CoinMarketCap data, the top 10 and the highest performing digital currencies are EOS (XTZ), TRX, ETC, and ADA; and the smallest market value and worst performing is XLM (LTC). Among them, the price of EOS reached as high as $57,000, followed by TRX ($37,500) and ETH ($64,000), and they are all in a downward trend. Considering the current market environment and other factors, which digital currencies have the most appreciation potential?