The world of cryptocurrencies is expanding by leaps and bounds. More and more merchants are offering these digital currencies as part of payment, as well as the products you can purchase. From clothing to airline tickets and hotel accommodations, as well as digital services or hamburgers at home. But what if you’re using these assets as a source of investment? Then we advise you to invest in these cryptocurrencies in 2022.

Advantages of investing in cryptocurrencies in 2022

Why invest in cryptocurrencies? What do they consist of and what are their benefits? Perhaps some friends have pointed out to you the advantages of these digital assets, telling you that you can not stop logging in. Others comment that this kind of money will leave aside the traditional means, due to its great speed in transactions, as well as the advantages they offer. However, let’s look at what it is:

• Cryptocurrencies were born in 2009 in the wake of the emergence of Bitcoin and at first are considered “a joke”. This is because they are digital money, without any physical backing, such as the dollar, the euro or gold, for example. However, as the years have passed, Bitcoin gained great value and more than 10 thousand parallel cryptocurrencies emerged that compete today.
• They are a good form of investment, but not in all cases. This is because cryptocurrencies are characterized by high volatility and overnight value change. Therefore, it is not convenient to place all your assets in cryptocurrencies, since you can generate irreversible losses. It is convenient to invest a little of your money in different cryptocurrencies, and go making movements based on the forecasts.
• Cryptocurrencies are mostly decentralized. This means that they do not belong to any governmental entity that controls them. No corporation is behind them, since they are part of the blockchain. The latter is a technology that offers security, anonymity and speed when making transactions internationally.

Importantly, cryptocurrencies are not a game of chance. While it is true, some people have managed to have large amounts of money from one moment to the next, cryptocurrencies need to be treated seriously. It is convenient to study the movements, make forecasts, review charts and know about investments and stocks before proceeding to have cryptocurrencies.

Which cryptocurrencies to invest in in 2022

To invest in cryptocurrencies in 2022 it is necessary to analyze those that are on the rise, but also those that look promising. Many times, the currencies that are emerging, are usually left behind, as if it were a horse race. Therefore, we recommend:

• Bitcoin

  The first of the cryptocurrencies continues to be one of the best investment options. Despite all the forecasts that could be made regarding its fall, Bitcoin continues to be the leader of cryptocurrencies and the most accepted when it comes to making payments for products and services around the world.

• Ethereum

  Continues to follow the second most used option worldwide after Bitcoin. However, it should be noted that it is an excellent alternative, not only because of its value, but also because of its technology. Almost all alternative cryptocurrencies that are emerging rankins currently use Ethereum technology as a basis. It is estimated that this cryptocurrency grew by 230% in 2021.

• Curve DAO

  One of the cryptocurrencies that is created on the Ethereum blockchain and that also offers the possibility of a highly secure exchange. Within this exchange you can find the most important cryptocurrencies of today. It also has a basic and intuitive interface, ideal for novice users. DAO is one of the few cryptocurrencies that had a growth in the overall fall of the end of 2021.

• Algorand

  This ambitious project uses PoS and smart contracts, so it does not require traditional mining. It is one of the fastest recovering cryptocurrencies and this has been seen after the December 2021 crash. In addition, it is a currency that offers “green” alternatives, which is why many are adopting it. Let us remember that traditional mining directly threatens the environment, due to the large amounts of electrical energy it requires.

• Cosmos ATOM

  This project seeks to integrate all blockchains with each other, allowing a speed never before seen in the transactions made. ATOM is estimated to have grown by up to 600% in 2021, making it one of the best investment options this year. In addition, many of the applications and online services are related to this project day after day.

Among the good investment options are also Binance Coin, Bitcoin Cash, Chainlink, DAI, Solana and Polkadot. Ripple and Litecoin remain a good option, as well as Avalanche and NEO. But it is important that you analyze which projects are best suited to what you are looking for.