With so many digital coin options out there, it can be difficult for investors to know how to navigate the cryptocurrency universe.
Ran Neu-Ner, founder of Onchain Capital and host of CNBC Africa’s “Crypto Trader,” offered a few tips to “Fast Money” traders on Thursday. Here are some of his favorite and least favorite digital currencies.
Digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin.
Early bitcoin investor reveals which cryptocurrencies he would HODL or FODL
4 Hours Ago | 10:16
With so many digital coin options out there, it can be difficult for investors to know how to navigate the cryptocurrency universe.
Ran Neu-Ner, founder of Onchain Capital and host of CNBC Africa’s “Crypto Trader,” offered a few tips to “Fast Money” traders on Thursday. Here are some of his favorite and least favorite digital currencies.
Bitcoin
Neu-Ner is an early investor of the large-cap coin. But he still said to sell.
Chesnot | Getty Images
“I like bitcoin,” he said, but pointed out that it’s, “priced too low.” The coin, valued as high as $19,500 late last year, was trading around $8,100 on Thursday evening.
“It’s going to continue to go up, slowly and in a stable way,” he said. “But there are more exciting cryptocurrencies out there.”
Bitcoin cash
One of them might be bitcoin cash.
The coin, priced around $1,200 Thursday evening, was down by about $100 from Tuesday. But that’s still almost double its April 17 level of $763.
With a solid team behind the coin, Neu-Ner said he sees a lot of potential.
Ethereum
Hold this coin, Neu-Ner said, “for sure.”
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