How can I know which cryptocurrency to buy?

 

The complexity of the crypto ecosystem has left many traders confused about which cryptocurrency they can invest in to secure more without the fear of risk management. Because the ecosystem is saturated with many coins, it becomes difficult for many to select the coin they want. 

Although the market is consistently volatile many might end up liquidating their fund if they don't trade carefully. In this post, I will explore how you can know which coin to buy in the complex ecosystem and what you should look out for.

What is cryptocurrency?

Cryptocurrency is a buck of decentralized digital currency that is leveraged on the blockchain. You have heard about Bitcoin, Ethereum, Cardano, etc. they are good examples of cryptocurrencies. They can be traded in a vacuum they have to list them on blockchains like Binance, by bit, kucoin, Solana, and many more to trade them. The medium of exchange for these coins is the blockchains.

How to know which cryptocurrency to buy?

Knowing the cryptocurrency to buy might be a bit complicated because of the complexity of the ecosystem and the volatility of the market, the technology world has made things easy to access.

To get the right cryptocurrency to buy there is only one channel to help you achieve this, and that is called the crypto bubble.

Crypto bubble.

Crypto Bubble is an application or web design program with cryptocurrency embedded in it. It's an application that studies the market and the behavior of cryptocurrency. It tells you the value of the cryptocurrency, how it grows, its 24-hour percentage increase, and the investment range. 

The crypto bubble is connected to coin geko and coin market cap, which enhances your analysis strength more. Using the crypto bubble might not be enough, you might have to use the coin Geko and coin market cap to analyze any coin you see on the crypto bubble.

When you open the interface you will be greeted with a lot of coins in bubbe form with their performance within 24 hours based on your setting. Any coin you select as your preferred coin will allow you to choose between coin geko or coin market cap as your preferred platform for analysis. Crypto Bubble is a good platform for you as a crypto enthusiast. 

Conclusion. 

You want to use the coin market cap as leverage to scout for the coin to buy but for easy access, I recommend a crypto bubble for you as a platform that showcases the coins to you easily. You don't need to struggle or do any form of research.