Which Cryptocurrency Can Give Me the Highest Returns?
Well, this is a really difficult question to answer.
So far, to the best of our knowledge, Bitcoin is the only cryptocurrency that has given good returns consistently over the years. ETH is the close second. But, honestly, there aren’t many cryptocurrencies that can be relied upon for high returns consistently. Of course, you can always invest in high volatility coins and exit after earning good returns in a short period. But again, this involves a lot of risk and is certainly not recommended for an average investor with a moderate risk profile.
So, what’s the best alternative to make high returns from cryptocurrencies?
Contrary to the popular belief, IT IS possible to make good returns in cryptocurrencies without taking a huge risk. Choosing the right cryptocurrency is the first step.
That brings us to the question — which cryptocurrency is right for one to get high returns?
Before we start talking about the answer, let’s get to know about some facts that make a cryptocurrency good.
What makes a cryptocurrency good (with a possibility of high returns)
- A powerful concept
- A feasible solution to a real market problem
- A good & experienced team
- The coin market cap and distribution (tokenomics)
- Product/crypto supply & demand
- Use cases of the cryptocurrency
Libra Coin — the best cryptocurrency with high return potential
Libra Coin is a utility token created for the Libra ecosystem. It’s an ERC20 token that was recently migrated to the Binance Smart Chain (BSC) and is built to perform transactions faster and more efficiently.
As Libra’s native token, Libra coin can be used for payments across a range of services and options within the Libra ecosystem.
What makes Libra coin an investment-worth cryptocurrency
The Libra ecosystem is a multidimensional project with a number of digital products and services, including Libra Pay, Libra e-commerce, Libra ATM, and more. As these products go live one by one, the demand for the Libra coin is expected to boost significantly for users would want to access the next-gen apps and features of Libra.
Real use cases
The Libra coin is a global digital currency backed by a powerful payment system that can be practically used for fast & cost-effective payments anywhere in the world. And with the launch of the Libra apps, the use cases for the coin will continue to increase.
Lower price than the competition
One of the best things about the Libra coin is that it was launched at a very low initial price in order to allow people to buy and own a lot of coins at a low initial investment. This gives us an edge and makes Libra one of the better options than similar cryptocurrencies out there.
Backed by a strong team
Last but not the least, Libra is backed by a powerful team of blockchain experts and seasoned developers who are building a first of its kind e-commerce blockchain platform.
That said, it is NOT possible to be 100% sure that a particular cryptocurrency will provide high returns. It is only through due diligence and research that one can manage to find a good cryptocurrency to invest in. So, Do Your Own Research before investing in a coin.