Three promising crypto currencies

The recent growth of Bitcoin has once again spurred interest in cryptocurrencies, since most investors like to buy and hold, and only professional traders make money on the fall.

Over the past few months, Bitcoin has shown excellent growth, but this does not mean that this particular asset should be bought.

It is better to pay attention to other virtual currencies that have good prospects, but have not yet grown that much.

Thanks to the actively developing crypto market, the choice is really wide, but we will try to focus on the more liquid ones.

At the same time, it is desirable that it be possible to open transactions in the trader’s trading terminal, rather than contact specialized exchanges.

The main criterion for assessing the prospects for growth is the maximum price that was once reached by the analyzed crypto currency. At the same time, we pay attention to how actively this currency has been growing recently.

Because if a cryptocurrency has recently seen strong growth, it is likely to quickly reverse, and you should not invest in that currency.

Bitcoin Cash (BCH)

A year ago, this currency managed to reach its maximum of $1,400, after a long decline and an impressive gap, it began to rise again.

Currently, the price of BCH is $412 per Bitcoin Cash, meaning that the prospects for growth are quite high, despite the fact that the cryptocurrency has recently grown significantly.

Currently, the market is flat for this asset, so it's recommended to wait for it to start moving to avoid a correction.

Ethereum (ETH)

is an even more interesting and promising asset; its price once reached $800 per Ethereum.

After a dramatic decline, the price is now gradually rising and has already reached $270. As you can imagine, it's still a long way from last year's price peak.

Furthermore, this cryptocurrency can be found in the terminal of almost any forex broker.

Ripple (XRP)

is one of my favorite cryptocurrencies; I managed to make quite a good profit with it at one time, and its chart still looks quite interesting:

The peak price recorded last year was $2.78 per Ripple, and the current rate is just 0.43 cents per unit.

This means that even without leverage, you can still make quite a bit of money; the difference between the peak and the current price is more than sixfold. And the virtual currency itself is quite inexpensive.

However, it's important to remember that time is of the essence; in a few months, the situation could change dramatically, making it too late to buy cryptocurrency.

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