3 Promising cryptocurrencies under $5 to invest in for 2019–2020
▻https://hackernoon.com/3-promising-cryptocurrencies-under-5-to-invest-in-for-2019-2020-36b72fa3
From cross-blockchain transfers to a banking competitor #cryptocurrency that targets over 2 billion usersWhen investing in cryptocurrency, one overlooked but important factor to look out for is utility.Forget the flashy ICO adverts and look instead at how a cryptocurrency will be used. A high utility provides the following benefits to a cryptocurrency:Improves liquidityA cryptocurrency that is constantly being used, transferred and traded allows for investors to easily buy and sell said cryptocurrency. A cryptocurrency with a high marketcap may make you wealthy (on paper) but if it is not being traded enough, who will buy it off you?Drives demandA cryptocurrency with a legitimate use is a cryptocurrency that is needed and sought out by users who can benefit from it’s utility. It is also (...)
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