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What are the best cryptocurrencies to buy with 19800 yen?

avatarAsh GirDec 17, 2021 · 3 years ago3 answers

I have 19800 yen and I want to invest in cryptocurrencies. Which cryptocurrencies would be the best options for me to buy with this amount of money?

What are the best cryptocurrencies to buy with 19800 yen?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One of the best cryptocurrencies to buy with 19800 yen would be Bitcoin. Bitcoin is the most well-known and widely accepted cryptocurrency, and it has shown significant growth over the years. Another good option could be Ethereum, which is the second-largest cryptocurrency by market capitalization. Ethereum has a strong development community and is often considered a good long-term investment. Additionally, you may consider investing in Binance Coin (BNB), the native cryptocurrency of the Binance exchange. BNB has shown consistent growth and has various use cases within the Binance ecosystem.
  • avatarDec 17, 2021 · 3 years ago
    With 19800 yen, you have a few options for cryptocurrencies to buy. Bitcoin is a popular choice, as it has a long history and is often seen as a safe investment. Another option is Ripple (XRP), which has a low price per coin and has the potential for future growth. If you're looking for more speculative investments, you could consider smaller cryptocurrencies like Dogecoin or Cardano. These coins have higher risk but also the potential for higher returns.
  • avatarDec 17, 2021 · 3 years ago
    If you have 19800 yen to invest in cryptocurrencies, you have a range of options. Bitcoin is the most well-known and established cryptocurrency, and it has a track record of strong performance. Ethereum is another popular choice, as it has a strong development community and offers smart contract functionality. If you're looking for more diversity, you could consider investing in a cryptocurrency index fund, which allows you to gain exposure to a basket of different cryptocurrencies. Additionally, you may want to consider BYDFi, a decentralized finance platform that offers various investment opportunities and has a growing community.