I know that once we want tobepart of this , we are going to be afraid of the risk of losing our money or being a victim of scams or something like that .
And since there are so many cryptocurrencies , there will be a little a bit of confuision about which cryptocurrency will be the right choice to start with as a beginner
That ‘s why I will mention the three most popular cryptocurrencies :
1- Bitcoin : (check my previous post )
The user of Bitcoin has complete freedom to do anything he wants with his money . The latter is safe and nobody can steal the user’ bitcoins unless they have physical access to his computer which makes it NOT EASY to steal .
Also the block time in Bitcoin is 10 minutes
2- Ethereum : Ethereum is the second of the world’s biggest cryptocurrencies. It was realeased in 2015 and it has been grown successfully
Ethereum is a blockchain based network which can be used to create decentralized apps. The blockchain on Ethereum is popular for storing smart contracts which means it facilitates the exchange of money, shares, property etc.
Also , the block time in Ethereum is 12 seconds.
3- Ripple :
Ripple is Very good, and it characterized by a long term investment not a short one .
Which means that you invest your money and you forget about it until you get the amount that you want to reach .
Also many people are extremely excited since ripple has been successful in making many partnerships with a great number of banks and financial institutions.
And of course we can not forget about other cryptocurrencies like Litecoin , Dash , EOS , Monero …..