Bitcoin Alternatives: How to Choose the Right Crypto

Written by jessealmeda | Published 2020/08/26
Tech Story Tags: crypto-investing | cryptocurrency | blockchain | bitcoin | ethereum | investing | cryptocurrency-investment | hackernoon-top-story

TLDR Cryptocurrency is a hedge against inflation-prone currencies like the U.S. dollar. Cryptocurrencies exist independent of any world governments. Cryptos have a finite supply that gives it similar characteristics to precious metals like gold and silver. Bitcoin is by far the safest bet right now - simply based on its volume, backing, age, and media exposure - but there are other well-known options like Etherum (ETH), Litecoin (LTC) and Ripple (XRP) are popular options.via the TL;DR App

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Published by HackerNoon on 2020/08/26