TOP 5 Cryptocurrency To Invest In For 2023 | Long Term Buys!

We go over the 5 TOP Cryptocurrencies to Invest in for 2023 and BEYOND. They include Bitcoin, Ethereum, ICP Internet Computer, Cardano and Chainlink!

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Binance Research Guide: https://academy.binance.com/en/articles/a-guide-to-cryptocurrency-fundamental-analysis#the-problem-with-crypto-fundamental-analysis

What is Cardano: https://youtu.be/vtulCPeT0jE
What is Ethereum: https://youtu.be/9UtxwQ50c2Y
What is Bitcoin: https://youtu.be/Yro7rF12Tko

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Timestamps:
0:00 – Starting Zone
1:11 – How I Research Cryptocurrencies
2:55 – 1. Bitcoin (BTC)
4:24 – 2. Ethereum (ETH)
6:13 – 3. Cardano (ADA)
9:00 – 4. Internet Computer (ICP)
12:25 – 5. Chainlink (LINK)
14:21 – Free Gifts & Added Value

1. Bitcoin (BTC)
This is the cryptocurrency king! Digital gold if you will. Bitcoin has been around since the early 2010’s and has cemented itself as the largest player in the cryptocurrency space.

Hovering around $1 Trillion in market cap, it’s definitely the most trusted cryptos out there because of how long it’s been around, institutional adoption, and the fact is that most people have heard of Bitcoin. It will still be a volatile ride, but it won’t be as volatile as some of the other coins on this list.

2. Ethereum (ETH)
Ethereum’s goal is to be a platform for cryptocurrencies built on its ecosystem, as well as a platform for smart contracts to execute on.

Ethereum’s main differentiating factor is that it runs these smart contracts – and smart contracts are basically computer code that automatically execute when certain conditions are met.

3. Cardano (ADA)
Cardano aims to be crypto version 3.0 – if Crypto 1.0 is Bitcoin, Crypto 2.0 was Ethereum, Cardano seeks to improve on both of them by being more efficient, scale better, and be capable of handling even more transactions per second.

Cardano is also a smart contract network and was founded by an ex-co-founder of Ethereum by the name of Charles Hoskinson. Cardano is a really good hedge against Ethereum – as we’re still not sure which will become the de-facto smart contract platform of the future.

4. Internet Computer (ICP)
The DFINITY foundation has raised over $121 million dollars from popular VC firms such as Andreessen Horowitz and SV Angel. What’s crazy is that DFINITY has been in the works for over 5 years, and silently listed its initial coin offering this past Monday, 5/10.

Right now, the internet is a network that connects everyone and everything, but everything is ran from private infrastructure – for example, if you want to connect to a website, that website is most likely ran on a private data-server, such as Amazon Web services.

The Internet Computer wants to give people a place to develop apps and websites that won’t be subject to platform risk, and allow people to host open internet services.

5. Chainlink (LINK)
Chainlink looks to connect smart contracts to the outside world, which I THINK makes it a great use case.

One of the main features of Chainlink is what’s called an oracle. An oracle is just a third party service that transmits the data from the real world to the blockchain.

To make sure the data isn’t corrupt or inaccurate, Chainlink gathers information from a network of these oracles, discards outliers and then the consensus is passed to the smart contract, to ensure validity.

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#creatornow #cardano #ethereum

TOP 5 Cryptocurrency To Invest In For 2023 | Long Term Buys!

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