Categories: Blockchain Investments
Topics: Cryptocurrency

The Best Crypto to Invest in Right Now

Editor’s note from November 2, 2023: Our in-house crypto expert Chris Curl has now launched his Million Dollar Crypto Club service... which includes a $50K real money portfolio that you’ll be able to follow, track, and, if you like, trade right alongside Chris in his quest to turn that initial investment into $1M or more in just two short years. All the details and sign-up information are available right here. 

— Mike

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Many people feel overwhelmed by the perceived complexity of cryptocurrencies and are hesitant to make their first investment. 

Yet, the truth is, it’s extremely easy to get your feet wet trading crypto. With major US-based trading venues such as Coinbase and Crypto.com, trading cryptocurrencies is in many ways easier than buying traditional stocks. 

Investors are wondering...

Is there one best crypto to invest in now?

Of course, that is the million-dollar question, and much of the answer depends on one’s own personal risk tolerance and their overall knowledge of the cryptosphere. 

I will say, for those just jumping in now, a great place to begin one’s due diligence is in the larger, more stable coins such as Bitcoin (BTC) and Ethereum (ETH).

Bitcoin is the original, largest, and most well-known cryptocurrency of the bunch. It has a strong track record of stability and growth, and it is widely accepted by merchants and investors all over the world.

Ethereum is a well-established blockchain platform that allows developers to create decentralized applications. It is the second-largest cryptocurrency by market capitalization, and it has a large and active community.

Bitcoin undergoes a predictable cycle called “halving” which occurs roughly every four years and reduces the rate at which new Bitcoins are created.

That mechanism purposely lowers the amount of new supply of Bitcoin and creates a synthetic inflation for existing coins causing the BTC price to surge upward like clockwork.

The first halving happened back in 2012… the next in 2016… with the most recent occurring just a few short years ago in 2020. 

All three halving cycles, as predicted, produced sharp gains in the BTC price that were there for the taking for well-timed investors.  

Bitcoin’s next halving is setting up for spring of 2024… so the timing is perfect for speculators to get educated on BTC’s halving mechanism and to position accordingly. 

What’s more… the SEC appears to be moving ever closer to approving a spot cryptocurrency exchange-traded fund (ETF) after years of applications. BlackRock, the world's largest asset management firm, submitted an ETF application for Bitcoin in June of this year, sparking renewed interest in the crypto space.

Approval could come right around the same time as the next Bitcoin halving… so indeed things are setting up nicely for investors and for the broader cryptosphere. 

Types of crypto to invest in 2024

We talked about the large caps... namely Bitcoin and Ethereum. 

But what about the thousands of lesser-known coins out there? How does one even begin to navigate such a complex and volatile sector? 

His name is Chris Curl, founder and editor of Crypto Cycle. I won’t go into his full track record here… but let’s just say Chris regularly secures gains like 1,036%, 6,011%, and even 9,150% on a single crypto trade.  

Yet, be forewarned… spectacular gains like those also come with an equally strong caveat: Chris says, “With over 20,000 different cryptocurrencies to choose from, I’d say that less than ½ of 1% of them are even worth considering at all!” 

So, how does one go about navigating this incredibly tricky and oftentimes volatile sector? 

The short answer is… you don’t. You simply let Mr. Curl do all of the heavy lifting for you — no pun intended!

That’s what Chris does. Not only is it his full-time job… it’s his lifelong passion. 

And when the stars align on a high-potential crypto trade, the gains can happen in near overnight fashion… making cryptocurrencies one of the most exciting sectors anywhere. 

It’s why he’s calling newest Crypto Cycle endeavor the Million Dollar Crypto Club. 

Inside, Chris covers a number of key catalysts for 2024 that could cause massive price spikes in the cryptocurrencies he’s recommending to his subscribers. 

He says, “I believe right now is the absolute best time for you to invest in cryptocurrencies, giving you the opportunity to become a Crypto Millionaire over the next two years.”

Integral to long-term crypto success, of course, is the building of a sound cryptocurrency portfolio with proper asset allocation across the three primary tiers of coins. 

And while the large-caps like Bitcoin and Ethereum can be considered a base for sustainable portfolio growth, it is the higher-risk, higher-potential-return mid-cap and smaller-cap cryptos that can truly deliver the kinds of gains that can turn mere thousands into millions very quickly. 

Are there new cryptos to invest in?

The short answer is yes. There are literally scores of new cryptos being launched every single day.

Chris opines, “The vast, vast majority of these are absolute garbage. Steer clear!" 

One well-established mid-cap I know Chris won’t mind me sharing up front is Solana (SOL). Known for its speed and efficiency, Solana is a powerful blockchain platform designed to host decentralized, scalable applications.

Chris has been buying Solana for years. He says, “Solana offers the best user experience of any blockchain and will continue to grow in the future… making it a key crypto investment.”

But before you run out and buy Bitcoin, Ethereum, and Solana — know this:

Chris is only a few short weeks away from launching his Million Dollar Crypto Club where he’ll have YOU investing like a seasoned pro in no-time flat with his timely trade alerts, quarterly call-ins, and ongoing Crypto-U series.

Without a doubt it’s the best way to get acclimated to the lucrative world of crypto investing and we hope to see you there.

Mike Fagan
Editor, Daily Profit Cycle