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The best under the radar Altcoins that you should swoop up

The crypto market today has a lot of assets to buy. Although most people are often familiar with the popular large-cap coins like Bitcoin, Ethereum and others, there are still a few newer, under-the-radar altcoins with significant potential. Here is why it is a good idea to buy under-the-radar coins:

  • First, under radar altcoins have low market caps and as such, they have significant upside potential.

  • In most cases, most altcoins gain in value as they become more mainstream so buying them early is crucial.

  • Also, these coins will increase in value once they become available in major exchanges.

Well, here are our main picks of the best under the radar altcoins that you can purchase and hold today:

Fantom (FTM)

Fantom (FTM) is not necessarily what you would call a new project or under the radar per se. If you are a crypto investor, chances are you have come across this token. But for all its potential, Fantom doesn’t really get the attention it deserves.

Data Source: Tradingview.com 

In fact, this is a token that could easily rank among the top ten cryptos by market cap in the near future. But it rarely gets the kind of coverage you’d associate with such a potentially high-growth coin. At the time of writing, Fantom (FTM) was selling at $2.28 with a market cap of around $5.7 billion.

The Ocean Protocol (OCEAN)

The Ocean Protocol (OCEAN) is a decentralised platform that allows you to sell your data to third parties. Big data is big business these days but sadly, it is controlled by a few Silicon Valley tech firms.

But Ocean Protocol (OCEAN) is trying to change that, and there is a lot of potentials when you consider the market cap is around $550 million. OCEAN could in fact surge in 2022, so keep an eye on that.

The post The best under the radar Altcoins that you should swoop up appeared first on Coin Journal.

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The best cryptocurrencies to buy for short term gains

The crypto market is highly volatile. Prices shift very fast and as such, these assets are quite ideal for short-term speculative trades. We must however warn you that short-term plays in crypto are very risky. Nonetheless, here is why this can actually work:

  • First, due to the volatility, the price action is so dynamic, giving you chances to enter and exit trades

  • Also, fees in crypto are relatively lower, so you don’t spend too much for active short-term trading.

  • There are also ways to manage your ultimate risks, including Stop loss and Take profit orders.

With this in mind, the following are two of the best cryptos to buy for short term speculative trading:

Shiba Inu (SHIB)

Shiba Inu (SHIB) is a meme token. This basically means that it’s mostly a speculative asset that has very little intrinsic value. SHIB has been one of the best performing coins in 2021. Even though it is still way off its yearly highs, those who invested in SHIB a year ago are still very profitable. 

Data Source: Tradingview

Like all meme coins, SHIB is prone to wild price swings. For this reason, it’s not the kind of asset you want to be holding for a long time. But these wild price swings can also bring good returns if they swing in your favour.

Dogelon Mars (ELON)

Dogelon Mars (ELON) is also another speculative meme coin. Although ELON has not exploded the way Shiba Inu did, it still shares the same characteristics. As a result, it’s prone to wild volatility and short-term price swings that can make you decent money if you predict them correctly. 

The good thing about ELON is that it has more upside for growth compared to SHIB. But despite this, both these tokens are highly risky, and you should only invest in them if you are aware and comfortable with that risk.

The post The best cryptocurrencies to buy for short term gains appeared first on Coin Journal.

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3 of the best cryptocurrencies for beginners in 2022

Crypto offers a new class of investment assets that have seen explosive growth over the last few years. More and more money is flowing into crypto, and as such, if you are thinking of trying your hand, then this is the best time. Here are some highlights:

  • The crypto market is filled with a lot of projects, each with its own merits. 

  • As a beginner, it’s often hard to decide what to buy. 

  • But the key is to focus on coins that are more established with some name recognition.

Here are 3 of the best cryptocurrencies for beginner investors:

Bitcoin (BTC)

Bitcoin (BTC) is the biggest crypto by market cap and is seen as the gold standard as far as the crypto market is concerned. It has name recognition and has been trading for years. 

Data source: Tradingview.com 

You don’t need to do a lot of background analysis to know what Bitcoin is about, and besides, all the info you need to trade Bitcoin as a beginner is readily available. And finally, you can buy Bitcoin (BTC) in literally all major exchanges out there.

Ethereum (ETH)

Just like Bitcoin (BTC), Ethereum (ETH) also has global name recognition since it is the second-largest coin by market cap. You will be able to buy and sell it in all major exchanges out there. 

Besides, these days you don’t even need to buy a full ETH coin or even BTC. This makes the two coins ideal for small investments. Ethereum is seen as the foundation of the blockchain industry and has a lot of future potentials.

Tether (USDT)

It is also important for beginners to have some investments in Stablecoins. This can help guard against volatility in the market. There are many Stablecoins of course. 

But Tether (USDT) is a great option. It is ranked among the top 5 cryptos by market cap and has the same name recognition as Ether and Bitcoin. You can also purchase it in major centralised exchanges.

The post 3 of the best cryptocurrencies for beginners in 2022 appeared first on Coin Journal.