When there’s a crash in the crypto market, the prices of Bitcoin and hundreds of alt-coins go tumbling down – no holds barred!
But that’s the whole crypto investor’s game: ride the mountain-sized waves and not worry about drowning.
So whether you made money in the last dip or lost some, you should already be over the whole fiasco and focus on what wave to ride next. Or, you may be completely new to the world of Crypto and may be wondering where to start.
I’ll make things easy for you guys. While this is certainly not financial advice, I do recommend you invest your life savings (please invest only what you can afford to lose) and watch it grow like Pinnochio’s nose.
Let’s dive in.
Bitcoin in your portfolio is a no-brainer. The father of cryptocurrency is one of the best stores of value when it comes to cryptocurrencies, and if you want to avoid gambling with meme coins (one of which has made this list), then Bitcoin deserves a place in your wallet.
So Bitcoin and the next one are the obvious choices.
Bitcoin price 5 years ago: $604 – $700
Bitcoin Reddit Community: r/Bitcoin (3.3 million members)
The second most obvious crypto that goes in your portfolio is Ethereum. Was there any doubt? Like Bitcoin, Ethereum has seen immense growth and popularity in its adoption, and even its creator, Vitalik Buterin, is somewhat of a cult figure among crypto enthusiasts.
Ethereum is predicted to make a serious ascent in 2021 and beyond, and like Bitcoin, is one of the safest bets in your crypto journey.
ETH price 5 years ago: $13
ETH Reddit Community: r/Ethereum (1.1 million Builders)
Founded in 2017, Cardano is a proof-of-stake blockchain platform dubbed the “Ethereum killer” because of its advanced tech and capabilities. While it’s still younger than Bitcoin and Ethereum, it aims to be one of the first blockchains to become a completely decentralized financial application.
With its future roadmap, ADA is bound to become one of the hottest cryptos around and is a must-have for your portfolio.
ADA price 4 years ago: $0.02
ADA Reddit Community: r/Cardano (604k members)
Solana’s massive surge amid a Bitcoin crash took everyone by surprise, and it is abundantly clear that SOL will be one of the leading crypto coins in the coming future along with Bitcoin and Ehtereum. Hence, it’s fair to assume that keeping a healthy amount of SOL in your crypto portfolio will only get you serious gains in the near future.
It’s a highly sought-after coin because of its highly innovative hybrid consensus model, and the Solana Foundation promises to make decentralized finance accessible on a large scale.
SOL price in April 2020: $0.6
SOL Reddit Community: r/Solana (55.1k members)
eCash is one of the most promising coins going forward in 2022 and the years to come. Built by an experienced team of developers who also worked on Bitcoin, eCash is actually a fork of Bitcoin but that follows an aggressive technical roadmap.
People are only starting to realize the potential of XEC, and while the community and coin holders aren’t significant in numbers yet, they’re definitely rising every day, and this would be the right time to get onboard.
XEC price in July 2021: $0.000028
XEC Reddit Community: r/eCash (2k members)
SHIBA INU (SHIB)
Shiba Inu cryptocurrency may be a controversial inclusion in this list of serious coins. Still, the potential this coin carries trumps the rise and popularity of any other meme coin, including Dogecoin. The reason this coin has so much potential stems from the fact that SHIB is not just another meme coin anymore. The team behind SHIB, often referring to it as the ‘Dogecoin killer,’ is pretty much serious about the projects they have undertaken. With the release of SHIBASWAP mere months ago, it’s obvious that SHIB is destined to makr its name among the most ubiquitous coins in the near future.
Even the skeptics at this point can’t help but add some Shiba Inu to their portfolio because the potential gain outweighs the potential risk by a large margin. At this point, you can own millions of SHIB coins for just over $10, so that’s a risk most of us can bear easily.
So these are my top cryptocurrency picks for 2022 that will give you serious gains. If you’re wondering where to buy your favorite cryptocurrency, Binance, a cryptocurrency exchange app, is a great place to start.
However, I’ll soon share a list of places where you can buy your favorite crypto coins, so let me know if you have a preference for any particular exchange, and I’ll include that as well.