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Which Cryptocurrency Will Have The Best Returns In September 2022? - Investment - Nairaland

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Which Cryptocurrency Will Have The Best Returns In September 2022? by Larynxhedon: 5:31pm On Sep 03, 2022
Currently, there are over 20,000 cryptocurrencies on the market. Most people consider it a long-term investment, while some have get-rich-quick views. However, the recent freefall in cryptocurrency prices shows that investing in cryptocurrencies is risky.

These are the top three cryptocurrencies that may be worth investing in 2022:

• Bitcoin (BTC)

Many businesses already accept bitcoin as payment, making it an excellent investment. Bitcoin is used by Visa, Stripe, Tesla, and over 10,000 online stores, to name a few. The price of bitcoin is another reason to reconsider investing in it. A BTC costs about $19,790 at the moment, and it can also be purchased in smaller units.

• Ethereum (ETH)

Ethereum is a network that allows developers to create their own cryptocurrency and use it to deploy smart contracts. While Ethereum is far behind bitcoin in terms of value, it is also far ahead of its competitors, despite the fact that it was released years after some other cryptocurrencies.

• Tether (USDT)

Tether is a stable coin whose value is linked to the US dollar. In layman's terms, a Tether token is always $1. We are all aware that the cryptocurrency market is extremely volatile. As prices fluctuate, you can lose money in a matter of seconds. Tether, on the other hand, is a coin that can withstand price fluctuations.

Also, did you know that Tether can be used to protect your cryptocurrency during periods of high volatility? For example, if you buy bitcoins and the market becomes volatile, you can exchange them for USDT to protect and store their value.

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Re: Which Cryptocurrency Will Have The Best Returns In September 2022? by DeMagneto: 6:15pm On Sep 03, 2022
For short term, SOLANA & CARDANO should be first on the list

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Re: Which Cryptocurrency Will Have The Best Returns In September 2022? by Hadizometer: 10:52pm On Sep 03, 2022
Also MATIC

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Re: Which Cryptocurrency Will Have The Best Returns In September 2022? by jamin006: 8:09am On Sep 12, 2022
DeMagneto:
For short term, SOLANA & CARDANO should be first on the list

In terms of risk, those three (BTC, ETH and USDT) are better than Solana and Cardano that could drop hooge percent once.

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