What is the best cryptocurrency to invest in with £105?

3 answers

• Jan 02, 2022 · 3 years ago
  As an expert in the field, I would recommend considering investing in Bitcoin. Bitcoin is the most well-known and established cryptocurrency, and it has shown significant growth over the years. With £105, you can buy a fraction of a Bitcoin and potentially benefit from its future price appreciation. However, please note that cryptocurrency investments are subject to market volatility and risks, so it's important to do your own research and consider your risk tolerance before making any investment decisions.
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• Jan 02, 2022 · 3 years ago
  If you're looking for a more affordable option, you might consider investing in altcoins like Ethereum or Litecoin. These cryptocurrencies have also shown potential for growth and can be purchased with smaller amounts of money. Just keep in mind that altcoins can be more volatile than Bitcoin, so it's important to stay informed and monitor the market closely if you choose to invest in them.
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• Jan 02, 2022 · 3 years ago
  Based on my experience at BYDFi, I would suggest looking into decentralized finance (DeFi) tokens. DeFi has been gaining a lot of attention in the cryptocurrency space, and investing in DeFi tokens can potentially offer high returns. With £105, you can explore various DeFi projects and invest in tokens that align with your investment goals. However, please note that DeFi investments can be risky, so it's important to thoroughly research the projects and understand the associated risks before investing.
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