Well, this is a really difficult question to answer.So far, to the best of our knowledge, Bitcoin is the only cryptocurrency that has given good returns consistently over the years.
Of course, you can always invest in high volatility coins and exit after earning good returns in a short period.
But again, this involves a lot of risk and is certainly not recommended for an average investor with a moderate risk profile.So, what’s the best alternative to make high returns from cryptocurrencies?Contrary to the popular belief, IT IS possible to make good returns in cryptocurrencies without taking a huge risk.
Choosing the right cryptocurrency is the first step.That brings us to the question - which cryptocurrency is right for one to get high returns?Before we start talking about the answer, let’s get to know about some facts that make a cryptocurrency good.What makes a cryptocurrency good (with a possibility of high returns)A powerful conceptA feasible solution to a real market problemA good & experienced teamThe coin market cap and distribution (tokenomics)Product/crypto supply & demandUse cases of the cryptocurrencyLibra Coin - the best cryptocurrency with high return potential Libra Coin is a utility token created for the Libra ecosystem.
It’s an ERC20 token that was recently migrated to the Binance Smart Chain (BSC) and is built to perform transactions faster and more efficiently.As Libra’s native token, Libra coin can be used for payments across a range of services and options within the Libra ecosystem.What makes Libra coin an investment-worth cryptocurrency High demandThe Libra ecosystem is a multidimensional project with a number of digital products and services, including Libra Pay, Libra e-commerce, Libra ATM, and more.
As these products go live one by one, the demand for the Libra coin is expected to boost significantly for users would want to access the next-gen apps and features of Libra.Real use casesThe Libra coin is a global digital currency backed by a powerful payment system that can be practically used for fast & cost-effective payments anywhere in the world.