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Top Cryptocurrencies to invest your money
After a detailed analysis and research we bring you the Top 7 Cryptocurrencies to invest your money at a right place.
Manoj Dalmia, founder and director, Proassetz Exchange, said that meme coins/tokens and the whole world is on the edge of their seats with the recent bull run in Crypto space. Global exchanges are listing Doge and Shiba Inu that are capturing all the eyes due to the recent price growth.
"The new edge investment class of Crypto assets has performed miraculously with a profit performance of more than 1000% in last 1 year. Coins and tokens with rock hard fundamentals are still promising for further growth. Bitcoin, Ethereum, Cardano, etc have already become the most worthy candidates of the Crypto industry," he said.
Ashish Anand, Co-founder & CEO, Brú.Finance, said that the cryptocurrency segment has consistently captured the attention of the masses. Even though the landscape in India is quite grey at this moment, that surely hasn’t stopped millions to get their hands dirty with cryptocurrency trading.
"This does come with several risk factors, predominantly volatility being significantly high because the market is mostly speculative. On top of that, a large share of cryptocurrency traders and sometimes ‘holders' too have influencer-driven investment psychology. This kind of a market has shown appreciation for early-stage investments as opposed to mature stage investments such as in the case of an IPO, which further defines the easy money mindset sported by the cryptocurrency traders, without thinking long term. Furthermore, certain inherent dangers stem from technological risks such as with Smart Contracts or any regulatory risks," he said.
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