In summary …
We have selected for you the cryptocurrencies in which to invest in 2022: Bitcoin, Ether, Cardano, Polkadot, Solana, Ripple, BNB, stable coins and Basic attention token.
The article “The 7 cryptocurrencies in which to invest in 2022” was written by an experienced professional in wealth management. NetInvestissement pays particular attention to the quality, accuracy and objectivity of the information provided.
With nearly 14,000 different cryptocurrencies on the market (and that number keeps growing every day) as I write this guide and a market worth over $3 trillion (which is almost as much as the valuation of the CAC40 all companies combined), I can understand that it is difficult, if not impossible, to know in which cryptocurrencies to invest in 2022 while giving you the best chance of not being wrong.
Do not panic, Netinvestment is there for you. In this objective, exhaustive and accessible guide, I will give you everything you need to know if you are looking to trade cryptocurrency and know in which cryptocurrency to invest in 2022.
What are the fundamental cryptocurrencies to hold, the altcoins to watch and the startups with high potential? You’ll know all of this and more once you read this guide. Are you ready ? Come on, let’s attack.
REMINDER: first of all, we must remind you (even if we hope that you have been aware for the time that it has been said…) that investing in digital assets, also called cryptocurrencies or digital currencies, involves a risk of capital loss which can go up to 100%. This is how it happened.
PREAMBLE ON CRYPTOCURRENCIES
Already, it is important to understand that exchanging cryptocurrencies is done in a decentralized universe that works thanks to a system called cryptocurrency mining. That is to say that there is no longer any need for trusted third parties (such as banks, PayPal or even governments) to validate contracts.
Exchanging cryptocurrencies is done “pear to pear” in other words: from individual to individual. These are called “miners” who validate the operations. Cryptocurrency mining secures the network and earns money for miners.
After having made a first deposit of money on the site of a broker that you have carefully chosen, the storage of your crypto will be done on what is called a “wallet”, translation: a digital wallet.
In which cryptocurrencies to invest in 2022?
1. Bitcoin: the king of crypto!
Yes I know I’m pushing an open door. Obviously, you don’t learn anything and you suspected it but I told you, I have to be objective so if we talk about cryptocurrencies and portfolio of digital assets, we can’t not talk about bitcoin and consequently, you cannot not have Bitcoin in your wallet.
And this ultimately regardless of its price. 50K, 60K, 100K, 150K or 20K it doesn’t matter. Bitcoin is the most incredible store of digital value in the world and its value will most certainly increase for two basic reasons:
1.Its rarity: there will never be more than 21 million Bitcoins…. Never. Unlike the euro or the dollar, which can be printed at full speed without it seeming to worry anyone
2.Its adoption: the more people who want bitcoin, the more its price will increase. It’s obvious in theory at least, but it’s worth remembering, because behind the fantasies about volatility around bitcoin, too many still forget that this market is also based on the fundamentals of supply. and demand.
Currently the price of bitcoin is at 56,559 euros, performance made following an announcement by the SEC (the French AMF) indicating the creation of a stock market index which includes the performance of bitcoin. It is considered digital gold and is therefore increasingly seen as a store of value: you have to buy bitcoin and keep it in your crypto wallet. Although one country, El Salvador, has made it its national currency (proof that nothing is impossible!).
To buy bitcoin and other cryptocurrencies, you must register on a cryptocurrency platform. The choice of broker is important: the fees, the cryptocurrencies available, the possibility of having payment cards, the effects of leverage, CFDs (or “contracts for difference”, which allow you to take a position on shares, stock market index or raw material by limiting losses) etc… vary from one cryptocurrency platform to another.
HOW MUCH: 30-50% of your portfolio invested in cryptocurrencies can be invested in Bitcoin. Why such a proportion? Because it is certainly the cryptocurrency that has the highest probability of success over time and the lowest probability of disappearing. Although the price of bitcoin is volatile, think of it as your “bottom of wallet” cryptocurrency.
If you are interested in Bitcoin, you have certainly heard of Litecoin. This crypto was created from Bitcoin software with some technical changes. It is considered digital money because it is much less rare than Bitcoin: its quantity is limited to 84 million. Its purpose is to be used as common currency thanks to its high speed and low fees.
As examples, the video game company Atari launched its “Atari Token” and mainly uses Litecoin in exchange for its tokens. The Miami Dolphins American football team has also adopted this crypto as its official currency.