Bitcoin and Ethereum have dominated the cryptocurrency market for a long time. It’s true that bitcoin is the trendsetter and Ethereum contributed to ushering the wave of digital assets built on the blockchain technology, but they aren’t the only cryptocurrencies you can invest in. So, you want to invest in cryptocurrency, but you already have Bitcoin and Ethereum on your list, what should you add?
1. Invest In Zcash (ZEC)
This is a decentralized cryptocurrency that was launched in 2016 and has shown some promise since then. The network offers selective transparency and privacy to users. You’ll be provided with extra security and the details about the people involved in a transaction will be private.
2. Invest in Litecoin (LTC)
Litecoin is one of the cryptocurrencies that was developed after Bitcoin. People often refer to it as the silver to Bitcoins gold. Created by Charlie Lee, Litecoin is an open source payment network that is decentralized. It uses scrypt to prevent dishonesty in the network. Its block generation rate is faster than Bitcoin enabling faster transactions.
3. Invest in Ripple (XRP)
Ripple provides users with instant, low-cost international payments. It helps banks settle oversea payments in real time. The network is transparent and has managed to gain the interest of the cryptocurrency industry.
4. Invest in Monero (XMR)
Another secure, untraceable and private cryptocurrency is Monero. It is an open source cryptocurrency network that was launched in April 2014. The network emphasizes decentralization and scalability.
5. Invest in Dash
Originally called Darkcoin, Dash has proven itself to be a more private version of Bitcoin. It offers users maximum anonymity. It works with a decentralized master code that makes all transactions untraceable. Dash was launched in 2014.
These are five best cryptocurrencies to invest in other than Bitcoin and Ethereum. Bitcoin is still the leader of the pack and nothing suggests that it will lose this is position soon. So, it’s a good idea to add Bitcoin to your investments.