The bearish market mood of 2022 still continues in 2023, giving us more time to think and choose worthy crypto assets for investments before the bullish trend starts. Looking at how experienced investors pick assets, we can see that they diversify their portfolios as much as possible, holding mega and large-cap coins long-term and buying middle and small-cap assets in small portions. Such an approach helps earn money even if some small-cap assets fail. Some of the cryptos you hold in your wallet will definitely drop, while others will boost and bring you huge profits.
In this article, we will talk about the best cryptocurrency to invest in and discuss the CRV coin in particular.
What is the Best Crypto to Invest in 2023?
It may be difficult to select a worthy asset among over 20 000 coins offered in the cryptocurrency market. We offer to pay attention to the following characteristics:
- the news background (check if a project was noticed in scandals);
- the development team (their past projects and achievements);
- the market capitalization;
- supply of coins;
- price charts.
It is hard to name the best cryptocurrency to invest in because it depends on many factors. One thing is clear – the higher the capitalization, the more stable growth the assets show in the long term; the lower the cap, the more sensitive it is to market volatility. So middle and small assets have more chances to skyrocket during the next bull trend. Next, see what technology underlies the asset. Consider, for example, the CRV coin. It belongs to the market maker platform that allows quick and cheap ERC-20 asset conversion at low fees. It offers earning opportunities both for those who came to convert coins and those who provide liquidity to the platform. Since market-making platforms are popular, Curve looks like a promising project for investment.
How to Invest in Cryptocurrency in 2023?
If you are interested in investing in cryptocurrency, make sure you use a reliable service. For example, it may be the WhiteBIT cryptocurrency platform where the CRV token is supported. The exchange offers low fees, a convenient interface, robust security, and quality service. To invest in cryptocurrency on WhiteBIT, you just need to register and deposit fiat or crypto money to your main account. Then find a cryptocurrency converter and buy CRV in a few clicks.