Low-Risk Crypto Gateways: 3 Blue-Chip Picks for Nervous Newbies
Bitcoin (BTC) - The OG cryptocurrency still plays by its own rules, but at least Wall Street can’t manipulate its 24/7 trading hours. Institutional adoption gives it a safety net most altcoins lack.
Ethereum (ETH) - The ’ultra-sound money’ narrative sticks—especially now that staking yields outperform traditional savings accounts (take that, 0.01% APY banks).
Binance Coin (BNB) - Centralized? Sure. But when exchanges are the de facto banks of crypto, holding their native token is like keeping spare change in a vault—just hope the vault doesn’t explode.
Cryptocurrencies To Continue Growing
There is no denying the fact that the crypto space is plagued with volatility. Despite the quick price swings, some crypto assets have given phenomenal results over the last few years.
Scams and rug pulls are another point of contention. This aspect of the cryptocurrency space is something every investor must look out for. Proper research and due diligence are of the utmost importance.
The cryptocurrency market is expected to continue growing over the foreseeable future. The US is helmed by a pro-crypto government right now. The new SEC head is a pro-Bitcoin individual. Many anticipate the crypto industry to see a major positive overhaul over the next few years.
Albeit the crypto investments come with a lot of question marks, let’s take a look at a few coins that come with low risks.
Top 3 Cryptocurrencies With Low Risks For New Investors
1. Bitcoin (BTC):
BTC is the original cryptocurrency. The coin is among the best-performing assets of the last decade and a half. BTC is expected to cross the $1 million mark by the end of this decade.
2. Ripple (XRP):
There were a lot of questions around XRP, especially with the SEC vs. Ripple lawsuit. With the lawsuit closed, the cryptocurrency might be a good choice for long-term growth.
3. Solana (SOL):
SOL is one of the most resilient cryptocurrencies in the market. The asset’s price crashed to below $10 after the collapse of FTX in 2022. SOL has hit multiple all-time highs since its 2022 lows.
