President Trump plans to encrypt with these five currencies. Should you invest in it?

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Earlier this month, US President Donald Trump announced the establishment of the strategy Bitcoin (Crypto: BTC) Reserves and United States Asset Stockpile. The previous will carry bitcoin – no surprises there. The latter will keep four of the largest cryptocurrencies: ethereum (Crypto: eth)and Xrp (Crypto: XRP)and Solana (Crypto: Sol)And Cardano (Crypto: Ada).

The fact that the United States is the storage of encryption is exciting news for encryption investors. But this Good cryptocurrency investments? Let’s take a closer look at each one.

Bitcoin It is the original cryptocurrency and was also the most successful. At the time of writing this report, the lack of the market is $ 1.7 trillion, larger than each other encrypted currency. Over the past three years (as of March 19), the Bitcoin price increased by 98 %, before S & P 50027 % return.

Although Bitcoin coin was a decentralized digital currency, the transactions are very slow and expensive so that it does not act as a means of payment. Treatment times generally range from 10 minutes to more than an hour, depending on the crowding of the network, and fees for about $ 1 per transaction.

Nevertheless, Bitcoin caught as a digital store, or “digital gold”. The offer was placed in 21 million bitcoin, adding an element of scarcity. If you are looking for a way to hedge from inflation or add an encrypted currency to your wallet, Bitcoin is worth considering.

Ethereum is the second largest encrypted currency depending on the maximum market, and it has become common by submitting smart contracts. Smart contract is a programmed program in the Cryptocurrency Blockchain network to record transactions.

Developers can use smart contracts to launch decentralized applications (DAPS). This gives Ethereum a wide range of uses, including decentralized financing services (Defi), such as encryption lending platforms, Blockchain games, and launching new codes for encryption.

Since Ethereum was the first to submit smart contracts, it has great progress in terms of market share. According to Defillalama, ETHEREUM currently has $ 46 billion in the total value that has been secured in Defi applications, which are most Blockchain.

In a negative note, ETHEREUM performance is lags behind other smart nodes groups. The average treatment fee is $ 0.19 as of March 19, compared to $ 0,0002 for his opponent Solana. Ethereum has lost 34 % of its value over the past three years. It is better to avoid Ethereum until it proves that it can reflect this declining trend.

XRP is the original encrypted currency of Ripple, which is Blockchain designed as a solution to the border. The current preferred system for international payments, the Financial Communications Association between World Banks (SWIFT), can take three to five days for international bank transfers. The fees generally cost $ 15 to 50 dollars, depending on the banks concerned.



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