The best digital currencies for beginners and small investors

Best Crypto to Buy Now: A Guide for Small Investors

If you have just entered the trading market, you will surely be confused in choosing the best crypto for investment. The biggest challenge for beginners in investing is the lack of capital. However, you should know that there are many ways to buy digital currencies with little capital. In this article, we will introduce the best digital currencies for investing with little capital to beginner traders. This article is like a good road map to know the right digital currencies with little capital.

Is it possible to buy digital currency with low capital?

For many beginners, the question is whether it is possible to buy digital currency with low capital? In answer to this question, we must say yes, you can buy digital currency even with the smallest amount of capital. The wide variety of digital currencies helps to have many choices. There are a lot of digital currencies that, although they have little value, are prone to growth and prosperity in the future.

If we want to invest in any area according to the amount of risk, this area can be classified as follows:

• Investing in airdrops (low risk)
• Investing in the initial offering of tokens (high risk)
• Leverage futures, options (moderate risk)
• Spreading capital in several meme coins prone to growth (very risky)
• Step purchase of susceptible digital currencies (medium risk)
• Using the facilities of the DeFi field (moderate risk)

Minimum capital to buy digital currencies

How much capital to invest in cryptocurrency is a completely personal matter that must be determined according to the investment goal. It cannot be claimed that the main reason for the profit or loss of investment or trade is summarized only in the amount of capital required. Many factors are responsible for profit or loss in the crypto world, and the amount of capital has the least influence among them.

No matter how much your capital is, the first and most important strategy is to keep the capital safe with risk coverage. This method, along with the low risk, may have lower returns, but it is considered a safe method to protect your property. The type of investment method that you choose should match the amount of capital and your personality, and set a goal for this investment. The main key to a successful investment is to create a long-term goal while accepting existing risks.

Which digital currencies should we buy with low capital?

Due to the fact that the variety of digital currencies is very high, experts recommend that beginner traders with low capital go for digital currencies prone to growth. Digital currencies are susceptible to currencies that are either launching tokens or have a low market value but are operating in a growing field.

Research these currencies, prepare a list of these currencies and if you intend to invest in them, choose more reliable projects. If you are looking for price volatility or short-term investment, enter the Mimcoin or Shetcoin market with a small capital.

The best way to invest in trending and popular areas is in digital currencies. You can identify valid AirDrops and research ways to invest in them.

To make a profit, you need to find a suitable project and invest in the initial supply of tokens, and if you get a good profit, sell it. Digital currencies such as MemeCoin or Shatcoins can be attractive for small-volume investments due to the low market value or the cheapness of the token.

List of digital currencies to buy with low capital and the cheapest digital currencies

In the following, we will introduce a list of digital currencies that you can buy and start investing with small capital. These digital currencies are the most suitable options for buying or investing with low capital.

DogeCoin

Dogecoin is known as the first meme coin in the world of digital currencies. This digital currency was launched in 2013 and is very popular. Famous people like Elon Musk have supported this digital currency. Due to the high popularity of Dogecoin, many beginner investors are interested in investing in this digital currency. This digital currency is considered a suitable choice for small capitals, but you should not forget that this project is actually a cryptocurrency, and investing in it has its own risks.

SHIBA INU

Shiba Ino is the name of a famous meme coin with a popular dog logo in the Internet meme space, which was launched in 2020 by its anonymous owner Ryoshi, in recent years, this project has attracted many fans by creating numerous features in the Shiba Ino blockchain. This project, in addition to being known as Memecoin or Shatcoin, has the capabilities of DeFi, decentralized exchange, NFT collection, and second-layer blockchain, and due to the low value of its token, it can be a good choice for purchasing with low capital.

JST

JST is the native token of the Just DeFi platform, which is considered one of the potential projects of digital currency and DeFi decentralized space. This native token plays a very important role in this platform, which has provided investors with the possibility of receiving loans, collateral, and multiplication of stablecoins, blockchain bridges, and decentralized exchanges, and is one of the fields that are considered suitable for investment.

CHZ

The Chillies project is a blockchain platform for fan tokens based on NFTs in digital currencies, all of which are built around the space of games and sports events. This token should be considered one of the most influential projects in the field of NFT, which can have a bright future.

IOTA

This attractive digital currency project is actually a project based on the Internet of Things field that facilitates the exchange of value and data between humans and machines. IOTA has a highly scalable and fast network, enabling secure financial transactions for investors. This project and its native token, also known as MIOTA, considering the advancement of technology and up-to-date technology, can have a lot to say in the future and be considered for long-term investment with low capital.

Graph (GRT)

With the progress and development of the artificial intelligence space and the growth of industries based on it such as ChatGPT, the attention of many digital currency audiences has been drawn to the field of Web3 and projects such as Graph. This Web3 project facilitates the collection, processing, and storage of data from various blockchain applications and enables developers to efficiently retrieve information from the blockchain. Considering the positive atmosphere created in relation to artificial intelligence, Graph Token can be a suitable option for small investors.

Singularity Net (AGIX)

The Singularity Net (AGIX) project can be called a combination of artificial intelligence space integrated into the blockchain platform. This blockchain project is implemented with the aim of creating a protocol for connecting artificial intelligence and machine learning tools and is managed by a decentralized community through its native token. This project is another suitable investment option for beginner traders due to its potential and low value of the token.

Loopring (LRC)

The Loopring project, as the second layer network of Ethereum, is a very attractive decentralized exchange that takes advantage of the zkRollup feature and also helps the scalability of the Ethereum network. Using ring-sharing technology, this decentralized exchange categorizes orders so that all of them are combined with a single transaction and improves the scalability and efficiency of the exchange. Due to its highly technical structure and support for zero-knowledge rollups (zkRollup), this project will be a suitable option for investing with low capital.

STEPN

This platform project is based on the GameFi field on Bell Solana. With this project, you can earn STEPN tokens as a reward along with walking and sports activities. Due to its leadership in NFT and gaming, this project is a suitable option for low-capital investment.

Ripple (XRP)

Ripple (XRP) is a blockchain-based digital payment network and protocol backed by its native digital currency, XRP. This digital currency can be considered one of the most well-known digital currency projects, which is a good option for investment. So if you have a small budget for investment, you can choose this cryptocurrency.

Cardano (ADA)

At less than $1, Cardano is powered by ADA, one of the cheapest cryptocurrencies built on the Proof-of-Stake consensus protocol known as Ouroboros, which can confirm transactions without high fees. Cardano has had an impressive track record so far, and according to InvestorPlace, it has processed more than 20 million transactions non-stop by the end of 2021; It also recently launched ADACash, a reward token that gained 10,000 users in less than a month. According to InvestorPlace, an upgrade called Hydra, which runs on a series of protocols, should dramatically increase processing feeds, which could drive up prices.

Stellar (XLM)

Stellar has its own payment network and uses XLM tokens as the in-network currency. This network seems to be useful for anyone, however, it is mostly used to connect financial institutions that do large transactions. On the Stellar network, unlike traditional or even competing blockchain networks, transactions can be completed almost instantaneously and at no cost.

Sandbox (SAND)

Sandbox is a blockchain-based metaverse, a virtual game that uses a game-to-earn, or P2E, model that allows users to create and trade digital assets in the form of NFTs. They can also make and monetize their own games and earn SAND tokens whenever someone plays the games developed by them.

Decentral (MANA)

Decentraland with MANA token is a virtual reality game based on the Ethereum blockchain. The game is described as a 3D virtual world where users buy and develop land and earn money from it, purchase goods and services, and visit other properties.

Important tips in trading digital currencies with little capital for beginners

Trading in the digital currency market with a small amount of capital, taking into account the volatile nature of these assets, can be very risky and dangerous. We recommend that you pay attention to the important points in trading digital currencies with low capital before doing your activity.

- Never invest all of your capital in meme coins or other shetcoins.

- To reduce the risk in your investment, use the step entry method.

- Be very careful in using leverage when trading digital currencies.

- You should be careful that more risk will never mean more profit, but the main point is to preserve capital.

- Be sure to invest or trade after thorough research and investigation.

Conclusion

Due to the efficiency and dynamics of the asset itself, financial markets have many cycles, and predicting the future price and outlook of each asset is certainly considered impossible in these markets. It doesn't matter whether you are an investor or a trader, in any case, the best approach in the financial markets is to know the level of risk and make investments more targeted with regular planning. Although these markets look complicated, you can start your activity in the crypto market as a beginner even with a small capital.