7 Cryptocurrency Prices and Predictions…and Which to Buy
7 Cryptocurrencies prices and predictions so you know which to buy…and it’s not bitcoin! 💰 Get up to $250 in Bitcoin signup bonus on BlockFi https://mystockmarketbasics.com/blockfi
Bitcoin is the most popular crypto but it may not be the best investment. In fact, another cryptocurrency has a higher return over the last year and could be about to break out higher. In this video, I’ll give you a tutorial on seven cryptocurrencies including price predictions and how to invest in each. We’ll look at Ethereum (ETH), Litecoin (LTC), Paxos Gold (PAXG) and all the Stablecoins (USDT, USDC, GUSD, PAX).
We’ll be using the same crypto value analysis we did for bitcoin in last week’s video where I showed you two ways to value bitcoin and came to a price target of between $94,000 to $190,000 over the next few years. Check out that video and how to invest in the most popular crypto https://youtu.be/hrTVtv-caiE
The video is in partnership with BlockFi and I just started using the high-interest bitcoin platform and will be transferring my own bitcoin to BlockFi. Besides the industry-leading security and ease of investing in cryptocurrencies like bitcoin, Ethereum, Litecoin and stablecoins, you can earn up to 8.6% interest on your crypto. I’m really excited about the bitcoin credit card but there’s a huge waiting list so don’t wait to sign up here https://mystockmarketbasics.com/blockfi
Ethereum isn’t as popular among investors but actually has more developers creating applications on the cryptocurrency platform. It’s more widely used in business processes and that could give it an advantage over bitcoin in price. The problem with Ethereum is that it’s not limited like bitcoin so the market value is spread across 100+ million coins rather than just 21 million. That’s a big factor in why Ethereum trades so much lower than bitcoin and my price prediction.
Litecoin has been called the silver to bitcoin’s gold and is very similar to the crypto. It was built with the same rules as bitcoin but is four-times faster in transactions. It also has four-times the tokens so that plays into the price and the potential investment return.
Paxos Gold and the Stablecoins are pegged to the value of other assets, gold or other currencies, so they are better used in transactions than as investments. The PAXG is a great way to get digital gold and invest but will not likely produce the returns of other cryptocurrencies like ETH or LTC. The Stablecoins are pegged to the dollar and have very little investment value.
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#crypto #cryptocurrencies #iworkwithblockfi
7 Cryptocurrencies prices and predictions so you know which to buy…and it’s not bitcoin! 💰 Get up to $250 in Bitcoin signup bonus on BlockFi https://mystockmarketbasics.com/blockfi
Bitcoin is the most popular crypto but it may not be the best investment. In fact, another cryptocurrency has a higher return over the last year and could be about to break out higher. In this video, I’ll give you a tutorial on seven cryptocurrencies including price predictions and how to invest in each. We’ll look at Ethereum (ETH), Litecoin (LTC), Paxos Gold (PAXG) and all the Stablecoins (USDT, USDC, GUSD, PAX).
We’ll be using the same crypto value analysis we did for bitcoin in last week’s video where I showed you two ways to value bitcoin and came to a price target of between $94,000 to $190,000 over the next few years. Check out that video and how to invest in the most popular crypto https://youtu.be/hrTVtv-caiE
The video is in partnership with BlockFi and I just started using the high-interest bitcoin platform and will be transferring my own bitcoin to BlockFi. Besides the industry-leading security and ease of investing in cryptocurrencies like bitcoin, Ethereum, Litecoin and stablecoins, you can earn up to 8.6% interest on your crypto. I’m really excited about the bitcoin credit card but there’s a huge waiting list so don’t wait to sign up here https://mystockmarketbasics.com/blockfi
Ethereum isn’t as popular among investors but actually has more developers creating applications on the cryptocurrency platform. It’s more widely used in business processes and that could give it an advantage over bitcoin in price. The problem with Ethereum is that it’s not limited like bitcoin so the market value is spread across 100+ million coins rather than just 21 million. That’s a big factor in why Ethereum trades so much lower than bitcoin and my price prediction.
Litecoin has been called the silver to bitcoin’s gold and is very similar to the crypto. It was built with the same rules as bitcoin but is four-times faster in transactions. It also has four-times the tokens so that plays into the price and the potential investment return.
Paxos Gold and the Stablecoins are pegged to the value of other assets, gold or other currencies, so they are better used in transactions than as investments. The PAXG is a great way to get digital gold and invest but will not likely produce the returns of other cryptocurrencies like ETH or LTC. The Stablecoins are pegged to the dollar and have very little investment value.
🤑 Get The Daily Bow-Tie – my FREE daily email newsletter sharing market updates, trends and the most important news! Market Updates for the Smart Investor! https://mystockmarketbasics.com/dailybowtie
SUBSCRIBE to create the financial future you deserve with videos on beating debt, making more money and making your money work for you. https://peerfinance101.com/FreeMoneyVideos
Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#crypto #cryptocurrencies #iworkwithblockfi
Related
Compare these against my bitcoin price analysis last week and why BTC could be worth $190,000 each! 😲 https://youtu.be/hrTVtv-caiE
Hello Joseph Hogue! Thanks for the video which makes me to think outside ETH and Bitcoin.
Request you to advise on the next clean energy stocks which are in penny stock range
As much as I dislike cryptocurrencies, I do invest in them. ETH seems to be more flexible than any of the other ones and my biggest holdings with cryptos. It’s making me a lot of money but this is one technology I wish was never invented.
First 3 minutes are an ad. These are getting out of hand
ETH is garbage
Should I buy a Bitcoin or Etherium miner?
Mod. And good video
I AGREED 👍CARDANO I the Way!
Thanks, Joe. You talked about a couple of stocks for 2021, including 10 penny stocks. How should we narrow down, we cannot hold too many stocks, it is not a good idea. You picked up some stocks(15 stocks) for your 2021 portfolio till now. Are you planning to add more in the following months for this year? You create one new portfolio for each year?
Most people just log on to YouTube to get info on the stocks to pick, without basic understanding on portfolio selection and risk tolerance. Also get the best from a financial advisor and work on your investing tolerance and with time you'd be a grand master….
DOGECOIN 🐕
I make huge profits on my investment since i started trading with Mrs Angela Regina Mende, her trading strategies are top notch
I’ve been looking at
ALGO
GRT
XLM
AAVE
UNI
SUSHI
LTC
ETH
The DeFi sector should be booming once alt season starts
Bitcoin and Ethereum are the new gold
I have bought GBTC and ETHE etf gaining already
People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin .
Investing and making profit has never gotten easier than this before. This is the best time to invest in bitcoin at the moment, That's the reason I invested with a trusted miner Dr Harden who's made me so much profit its mouth watering.
Could you do a in depth video on the best index Funds?
Bitcoin has really been in the news concerning as one of the profitable investments but I really don't know much about it
I work with BitcoinZ (BtcZ) It is at least developed by the community, not by large corporations.
Thank you Joseph, your videos are super valuable, thanks for sharing your knowledge with us
Have you checked out SUBZ etf for pure streaming services play ? Just launched in February and looks promising.
My moneys on lite coin.. big gains !!!
I'm thinking of investing into ETH. It seems to be relatively safe. Do you have options in the safety of it. ?? Does anyone? And yes, I do know that as an investment safety is a relative
Will gold go down?
great video Joseph. thank you.
Can you cover UAMY?
You should make a video on $DOGE.
Ada, vechain, omi, dot, snx……..