What are the best cryptocurrencies to invest in right now in Japan?

3 answers

• Dec 17, 2021 · 3 years ago
  In my professional opinion, Bitcoin (BTC) and Ethereum (ETH) are two of the best cryptocurrencies to invest in right now in Japan. Both have a strong track record and are widely accepted in the country. Bitcoin, being the first and most well-known cryptocurrency, has proven its stability over the years. Ethereum, on the other hand, offers a platform for decentralized applications and smart contracts, making it an attractive choice for investors. These two cryptocurrencies have a large market capitalization and are likely to continue growing in the future.
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• Dec 17, 2021 · 3 years ago
  If you're looking for a more speculative investment, you might consider investing in altcoins like Ripple (XRP) or Cardano (ADA). These cryptocurrencies have shown potential for growth and have gained popularity in Japan. However, it's important to note that altcoins can be more volatile and risky compared to established cryptocurrencies like Bitcoin and Ethereum. It's always recommended to do thorough research and consult with a financial advisor before making any investment decisions.
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• Dec 17, 2021 · 3 years ago
  Based on my experience at BYDFi, I would recommend considering decentralized finance (DeFi) tokens for investment in Japan. DeFi has gained significant traction in the cryptocurrency space and offers various opportunities for investors. Tokens like Aave (AAVE) and Compound (COMP) have seen substantial growth and have the potential to continue performing well in the Japanese market. However, as with any investment, it's crucial to carefully evaluate the risks and potential rewards before making a decision.
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