Crypto. Some believe it is the future, others believe it is pointless. However nevertheless, crypto is still going somewhere. Whether it will completely fail or be an utter success, crypto will always provide some sort of importance in our society. Many people ask me what crypto I hold and believe to rise in price, and I think it is time I answer. Here are my top 5 crypto currencies I am holding and will forever HODL.
What is Bitcoin?
Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.
What is Ethereum?
Ethereum is an open source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions.
#3 BAT (Basic Attention Token):
What is BAT (Basic Attention Token):
The token aims to correctly price user attention within the platform. Advertisers pay BAT to website publishers for the attention of users. The BAT ecosystem includes Brave, an open-source, privacy-centered browser designed to block trackers and malware. It leverages blockchain technology to anonymously and track user attention securely and rewards publishers accordingly.
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#4 Monero (XMR):
What is Monero?
Monero is an open-source cryptocurrency created in April 2014 that focuses on fungibility, privacy and decentralization. Monero uses an obfuscated public ledger, meaning anybody can broadcast or send transactions, but no outside observer can tell the source, amount or destination.
#5 Ripple (XRP):
What is XRP?
Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. Released in 2012, Ripple is built upon a distributed open source protocol, and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes.
That is it, these are my 5 top crypto currencies I am holding. The reason? They have a bright future ahead. Well this is just more an opinion of course, as crypto can never be predicted.