Best Seven Cryptos for Risk-Tolerant Investors

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Today, cryptocurrency is considered one of the most popular investment options, although it also carries a high level of risk. So far, everything is relatively speculative, and it is difficult to predict the success of different types of digital assets in the long term.

It is important to remember that certain crypto coins carry a higher level of risk than others. In any case, investments in quasi-money are riskier than, for example, buying shares. Cryptocurrency does not have much stability, so investors should be prepared for its value's ups and downs.

That's why cryptocurrency is not the ideal investment for everyone. If a person is not inclined to risk, he should look closely at other investment methods. But for those who are used to taking risks, there are several options for successfully interacting with crypto.

Bitcoin (BTC)

It is the first and most successful cryptocurrency. Bitcoin trading dominates the digital money space in market capitalization (over $600 billion). For many years, the dollar has topped the list of the best cryptocurrencies for investments. As a long-term investment tool, Bitcoin is sometimes called "digital gold."

If we analyze the change in the value of Bitcoin over the past five years, the total profitability percentage exceeds 7500%. According to experts, by the end of 2022, bitcoin will overcome the $100,000 mark (there are 2 million crypto coins in circulation).

Ethereum (ETH)

Such a type of cryptocurrency is of interest not only as an object for investment but as a basis for developing the digital economy. ETH has been used to create many Dapps. Its capitalization level exceeds $200 billion.

Vitaly Buterin launched the project in 2015. In 2020, a "fork" of the coin took place to accelerate the ecosystem's scaling. Such cryptocurrency uses the PoW consensus mechanism and the ERC 20 protocol.

Solana (SOL)

Solana ecosystem is a decentralized computing platform created in 2017 with a Proof-of-Stake consensus mechanism. Decentralization is the primary stability parameter of first-level blockchains. Among the systems with support for smart contracts, Solana takes second place, behind only Ethereum. Transaction fees are minimal, and the average network speed often exceeds 3000 operations per second.

In five months of 2021, Sol price increased from $30 to $258, the total increase for 2021 was 9000%. The hybrid consensus model is of interest to both small traders and large investors.

Avalanche (AVAX)

It is a newcomer to the world of digital money, which appeared only at the end of 2020. Such a startup from Singapore quickly became popular due to the successful combination of the properties of Ethereum and faster work.

Avalanche has a capitalization level of almost $7.5 billion and a daily crypto trading volume of $946 million. There are 720 million tokens in circulation, and most of this mass was generated automatically.

Binance Coin (BNB)

It is a cryptocurrency, the development of which is provided by the Binance crypto exchange. Such tokens allow you to reduce the size of the commission on the exchange. The tokens also power Binance Chain and Binance Smart Chain, two separate blockchain systems. The Binance exchange regularly burns tokens to reduce the amount of digital money and increase its value.

At the beginning of 2021, the value of crypto coins increased dramatically; many developers abandoned Ethereum due to high gas fees. As of today, Binance Coin ranks second among DeFi projects.

Filecoin (FIL)

Filecoin is a decentralized peer-to-peer file storage system that offers users to rent free hard drive space. For this, a reward in the form of FIL crypto coins is due. Since the beginning of 2022, the Filecoin protocol has increased the number of data providers by seven times, ahead of plans to upgrade in 2023. As of early October 2022, FIL's capitalization is over $1.6 billion.

Cosmos (ATOM)

Cosmos (ATOM) is the cryptocurrency behind the blockchain ecosystems. They can scale and interact with each other.

May and June 2022 saw a sharp drop in the value of ATOM (the minimum price was $5.59). Since then, digital assets have shown constant growth: in June, the price was already $10, and in mid-September, it was $16.92.

At the end of September 2022, the network's leadership published a new white paper stating that Cosmos is turning into a blockchain platform to develop a sustainable cross-chain economy.

Cryptocurrency has always been considered a high-risk investment, but it can bring significant rewards if all aspects of investing are carefully studied. If you research before buying digital money and choose quasi-money with the maximum long-term potential, for example, Solana crypto, you can reduce risks and increase income.

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