Cryptocurrencies have revolutionized the business world by adding yet an extra asset that people and businesses can invest in. Although approximately only 3% of people trade with cryptocurrency, the number of investors is expanding steadily all around the world.

Why should you invest in cryptocurrency?

There are many reasons why you should consider cryptocurrency in 2020 and these reasons include the following:

• Availability Cryptocurrency is widely available and you can trade them anywhere and whenever you want.
• Protection Investing in cryptocurrency, you don’t have to fear identity thefts or frauds since all transactions made are secure.
• Affordability The charges of cryptocurrency transactions are much lower than traditional exchanges.
• Portfolio diversification You can use cryptocurrency to diversify the portfolio of investments and expand the scope of work.
• Faster transactions Cryptocurrency transactions are carried almost instantly.

Ready to invest?

Here are our top 3 best cryptocurrencies to invest in 2020 based on their 2019 records.

Bitcoin

Still one of the most promising cryptocurrencies, Bitcoin.

After three years of extreme ups and downs, Bitcoin eventually stabilized last year and it currently stands still at approximately $11.7 thousand.

Ethereum

According to Live Price Tracker, this crypto currently costs over $270, but the 2020 foresight is positive. Some critics even claim that Ethereum can even reach Bitcoin.

Ripple

Our last pick is Ripple cryptocurrency which has the potential to dominate the market in 2020. Currently, it is worth almost $0.33, but things could switch quickly if Ripple becomes the official solution for banking support. Some opinions say that Visa and Western Union may someday adopt Ripple as their under-the-hood technology, which is definitely a big deal for Ripple.

Investing in cryptocurrencies can be a very profitable business opportunity, but you need to be able to follow the most advanced market trends and learn how to buy or sell on time.

Just evaluate the best cryptocurrency to invest in to get started!