Are you planning to invest or buy Cryptocurrency this year? With more than 400 cryptocurrencies already coined, it’s not simple to choose the best cryptocurrencies to invest in 2020. Worry not, we at Bitcoin Mixer have put together a list of the best cryptocurrencies to invest this year that will explode in 2020.
If you’ve decided to invest in the crypto market or in the best bitcoin mixer this year, we’ve got some good news for you! According to several crypto enthusiasts, 2020 is going to be the best year to spend money in cryptocurrencies.
Whenever it comes to determining what crypto to spend in, the decision can be somewhat challenging, as there are dozens of crypto coins on the market.
It’s hard and time-consuming to do your research and arrange the worthy ones out from the “unfruitful ones.”
That’s why we’re here to assist you. The list consists of the top 10 cryptocurrencies which are expected to explode in 2020 and have an even greater impact in the upcoming years.
At the end of the day, there really is no single cryptocurrency that we can point out is the best bitcoin mixer or best in best. Many cryptocurrencies propose quite effective investment opportunities, depending on where you’re looking for and what your investment objectives are.
Another aspect to note is the experience level that you have. For example, some cryptocurrencies may be a great investment for newbies, while others are ideal for highly developed crypto traders.
You also need to remember that buying the best cryptocurrencies is not enough to be a prosperous crypto trader.
Several traders had seen their crypto journey end at some point because they did not focus on security. If you’re really serious about investing in cryptocurrencies, you need to make an effort to protect your investment by enhancing your safety and security.
Let’s get back to the main point of our topic!
Of course, the most apparent cryptocurrency to buy in 2020 is Bitcoin. For the next few months, Bitcoin will be a major proponent of slowing down supply growth and accelerating market growth across the cryptocurrency world.
In the meantime, on the demand side, bitcoin supply will move up in 2020 simply as this is the “gateway” to cryptocurrencies for early buyers. That is, as early investors join the cryptocurrency market for the next few quarters, most of them are likely to start by having their toes wet with bitcoin, asserting that cryptocurrency demand growth in 2020 is expected to run mainly parallel to bitcoin demand growth.
Advancing demand growth plus constrained supply growth will result in higher Bitcoin prices in 2020.
Privacy is a key priority in the cryptocurrency world, and privacy-focused coins are expected to win large in 2020. That’s why we have chosen Zcash ‘s top privacy coin as being one of the top altcoin investments for 2020.
Zcash is a perfect play on the growing significance of anonymity in cryptocurrencies. After all, the first round of cryptocurrency was all about decentralization. Now that cryptocurrencies have gained more mainstream attention and are beginning to demonstrate continued strength, it’s time for another defining characteristic to emerge — Privacy.
Privacy is among the most critical and debated features of both the crypto universe and the field of financial transactions. If the value of privacy in the crypto environment increases, privacy coins can surpass, and Zcash looks especially eager to outperform the company’s recent pivot in private mobile transactions.
One of the key reasons for choosing to invest in Litecoin this year is its high liquidity and rising market cap. If you want to reduce risks, keep away from coins with lower market caps and cultures, and go to cryptocurrencies like Litecoin.
Why do we believe that Litecoin is going to explode this year and in the coming years? Well, there’s a limited supply of 84 million coins (compared to Bitcoin’s 21 million) and a block reward of 25 LTC. This is a high block reward particularly in comparison to other crypts.
As well, the average time to mine a block on the LTC blockchain is about 2 minutes, which is also faster than most of the other cryptos.
This, together with the fact that Litecoin is among the big four on Coinbase, many experts believe that whatever happens this season, Litecoin will certainly continue to stay one of the altcoins that remains strong. And In 2020, Litecoin still deemed to be among the best cryptocurrency, despite tough competition.
Some other on the list of ‘Best Cryptocurrencies’ are:
- Ripple (XRP)
- Basic Attention Token (BAT)
- Chainlink (LINK)
All of the above-listed cryptocurrencies considered the safest investments by several experts and investors.
They inspire with quality teams behind them, community spirit, aspiration, and proven history. Some of the ones listed are good for beginners as well. Either you’re just going to enter the world of cryptocurrencies or just want to broaden your current investments with any of the top cryptocurrencies in 2020, many Cryptocurrencies experts believe that investing in the above-listed cryptocurrencies has the potential to turn your investment into a huge success story. So all the best and for more guidance on cryptocurrency and the best bitcoin mixer visit our website Bitcoinmixer.io