7 Crypto Assets Prospective Purchases in 2022
ScienceLovers - In 2021, the term cryptocurrency is not a new thing, especially for friends who follow the development of investment instruments. By choosing cryptocurrency as an investment instrument, you will own a crypto asset which is an intangible commodity as a digital asset.
The popularity of cryptocurrencies in 2021 arises due to the increasing value of several crypto assets called Dogecoin and Shiba Inu. After the emergence of this phenomenon, many people flocked to buy Dogecoin and Shiba Inu as their crypto assets of choice.
Are you interested in choosing cryptocurrency as an investment instrument? Don't be in a hurry, let's get to know crypto-asset investments in-depth and get recommendations based on prospective analysis to buy in 2022 first.
Understanding Crypto Assets in Cryptocurrencies
Cryptocurrency, known as cryptocurrency, in Indonesian. As a digital currency, cryptocurrency transactions generally occur online.
In buying and selling transactions, cryptocurrency can be used without any conversion to the currency prevailing in a country, so transactions can be carried out without the presence of a third party.
This means that this currency can still be used for buying and selling transactions without any difference in the exchange rate of a country's currency.
Transactions made using cryptocurrencies take place privately and cannot be accessed by anyone because they are stored using encryption techniques.
Well, crypto assets are a form of assets owned by cryptocurrency investors. Meanwhile, the names of crypto assets that are quite popular are Solana, Ethereum, Bitcoin, Shiba Inu, Dogecoin, and others.
In Indonesia, although cryptocurrency has not yet been regulated, cryptocurrency investors are quite high. Then, why can this happen?
One reason is that cryptocurrencies are difficult to counterfeit because their security is protected by cryptography. In addition, cryptocurrencies are moving due to decentralized blockchain technology.
This means that the currency is not issued, controlled, or regulated by an official authority.
It sounds quite risky, but the rapid movement of its value looks quite tempting for investors.
Prediction of 7 Crypto Coins That Will Rise in 2022
After knowing the ins and outs of cryptocurrencies and crypto-assets, Smart Friends can listen to predictions of coins that will rise in 2022 based on their prospective analysis this year.
1. Inu Shiba Coin (SHIB)
In the crypto world, this coin was created as a meme-based coin which has also become a part of internet culture. At one time, the increase (SHIB) had reached 800% in a period of 1 month.
The increase was noted to have surpassed the increase in Dogecoin as its closest competitor. In conversations on social media, (SHIB) also has higher popularity than Dogecoin.
2. Ripple (XRP)
Ripple's popularity as a crypto asset stems from its utility that offers cross-border payment efficiency in the financial industry. (XRP), which is a crypto asset issued by a company in the United States, can have this value because it eliminates middlemen to reduce transaction costs and time.
Please note, Ripple and (XRP) are not one entity. Technically, Ripple is a payment transaction platform, while (XRP) is a digital asset that acts separately as a bridge between the various currencies transferred on the Ripple network.
3. Litecoin (LTC)
(LTC) was created by Charlie Lee in 2011. Transactions (LTC) are considered to be faster than Bitcoin.
In comparison, a Bitcoin transaction has taken as long as 10 minutes, while (LTC) only took 2.5 minutes. For investors who are just getting into cryptocurrency, Litecoin is often an asset of choice.
Litecoin has the advantage of being an asset that has high liquidity. If you are interested in making a profit by buying Litecoin, get ready to spend 84 million Rupiah, OK?
4. Bitcoin
Bitcoin is one of the most popular crypto assets in the emergence of cryptocurrency investments. Bitcoin is one of the predictions for coins that will increase because the number is limited, which is only 21 million.
With such a limited number compared to cryptocurrency investors, it's only natural for Bitcoin to increase in value.
5. Bitcoin Cash
Although at first glance the name is similar to one of the crypto asset leaders in cryptocurrency, Bitcoin Cash has a different use value from Bitcoin. Bitcoin Cash comes with a use-value as a crypto asset option that can cut transaction times.
6. Ethereum
Ethereum has earned the nickname as a capable crypto-asset outside of Bitcoin digital assets. Ethereum is a purely digital asset and has accounted for over 19% of the market cap. Ethereum can be used for payment transactions, storage of value, or as collateral.
7. Solana
Solana has a record high price in late October and early November 2021.
The increase in Solana was noted to be due to the sophistication of its technology. As a decentralized currency, this news is certainly enough to attract investors to buy Solana next year.
Those are various prospective crypto assets and things you need to know at a glance about cryptocurrencies. I hope this helps!
