How To Invest In Cryptocurrency For Beginners In 2022 | THE TOP COINS TO BUY

"The website costavabg.com shows us that just a $50 a week investment in Bitcoin would have yielded a total of 2180% since 2016 and Ethereum would have brought you 6683%."

"it was found that just a 5% allocation to Bitcoin would have boosted the cumulative return of a traditional portfolio by 65% since 2014, even despite the sell-offs along the way."

"The blog called Market Sentiment extracted the daily trading data across 317 different exchanges in almost 2,000 different coins to find the commonalities of the best returning cryptocurrencies based on historic price, market capital, and trading volume dating all the way back to December of 2013. And what he found was really surprising. On the surface, it was found that when you compared the first listing price of an exchange with the latest trading price available, only 40% of them gained value."

"However, even though 40% of cryptocurrencies actually gain any value, as I'm sure you're aware, the ones that do well do really, really well. And the average gain across those winners is a staggering 3,048%."

"Because if you remove the top 1% of the cryptocurrencies from that gain, your return drops all the way down to 641%. And if you remove the top 5%, your return drops down to what you would have made investing in the S&P 500."

"Four years ago, he started by investing $100 each into the top 10 cryptocurrencies on January 1st every year. ... He even mentions this having averaged a 514% return compared to the S&P 500's return of 56% during that same time frame."

"Third, if you want the most security, you could look into what's called a cold wallet. This is a way that you could store your cryptocurrency offline. So unless someone has access to your physical hardware wallet and they know your secret passphrase, they can't get access to it. Generally, people tend to use either the Ledger or Treasure."