common-close-0
BYDFi
Trade wherever you are!

What are the best cryptocurrencies for a beginner like Ish McFly to invest in?

avatarSribasDec 18, 2021 · 3 years ago3 answers

Ish McFly is a beginner in the world of cryptocurrencies and wants to know which ones are the best to invest in. Can you recommend some cryptocurrencies that are suitable for beginners like Ish McFly? Please provide some insights and reasons for your recommendations.

What are the best cryptocurrencies for a beginner like Ish McFly to invest in?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    As a beginner in the world of cryptocurrencies, it's important to start with well-established and reputable coins. Bitcoin (BTC) and Ethereum (ETH) are two of the most popular and widely accepted cryptocurrencies. They have a strong track record and are considered relatively safe investments. Additionally, they have a large community and plenty of resources available for beginners to learn from. Another good option for beginners is Litecoin (LTC), which is often referred to as the silver to Bitcoin's gold. It has a lower price compared to Bitcoin and Ethereum, making it more affordable for beginners to invest in. Overall, these three cryptocurrencies are a great starting point for beginners like Ish McFly.
  • avatarDec 18, 2021 · 3 years ago
    Hey Ish McFly, if you're just getting started with cryptocurrencies, I'd recommend focusing on Bitcoin (BTC) and Ethereum (ETH). These two coins have been around for a while and have proven to be reliable investments. Bitcoin is the most well-known cryptocurrency and has a strong track record. Ethereum, on the other hand, offers a platform for decentralized applications and has a lot of potential for growth. Both of these coins have a large community and plenty of resources available for beginners. So, start with Bitcoin and Ethereum, and once you're comfortable, you can explore other cryptocurrencies.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the field, I would recommend Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) for beginners like Ish McFly. Bitcoin and Ethereum are the most established cryptocurrencies and have a solid foundation. Binance Coin, on the other hand, is the native cryptocurrency of the Binance exchange, which is one of the largest and most reputable exchanges in the world. Binance Coin has shown significant growth and has a strong use case within the Binance ecosystem. It's always important to do your own research and understand the risks involved in investing in cryptocurrencies, but these three coins are a good starting point for beginners.