The cryptocurrency sector is filled with stories about investors making millions of dollars quickly.
Despite the incredible returns that some assets have given, the sector is plagued with high volatility and scams. New investors often fall prey to rug pulls and pump-and-dump schemes.
Let’s look at three crypto assets with lower risks for new investors.
Also Read: Top 3 Cryptocurrency Billionaires: Here’s How They Made It Big
Exploring BTC, ETH, and BNB: Top Low-Risk Crypto Choices
1. Bitcoin (BTC) – Best Performing Low-risk Crypto
Bitcoin (BTC) is the first cryptocurrency. It is also one of the best-performing investment vehicles over the past ten years. Along with being one of the safest crypto assets, Bitcoin has enormous growth potential in the long run.
New investors could consider BTC as their first crypto purchase. The asset is also projected to hit new highs in the coming months. Some analysts anticipate BTC to hit the $1 million mark by the end of this decade.
2. Ethereum (ETH) – Second-largest Low-risk Crypto
Ethereum is the second-largest cryptocurrency by market cap. The ETH network is also home to several decentralized projects, making it a solid investment for future growth. While the Solana (SOL) network has also witnessed incredible growth over the last few years, projects are often hacked.
The US SEC also recently approved ETH ETFs, which could soon lead to the asset hitting new highs. ETH is among the most-used blockchain networks and has much potential for more development.
Also Read: Low-Risk Cryptocurrency Under $0.01 That Can Outperform Shiba Inu
3. Binance Coin (BNB) – Largest Exchange & Native Binance
BNB is the native token of the Binance ecosystem. Binance is the largest cryptocurrency exchange by market cap and has been a part of many crypto investors’ journeys.
The exchange handles a massive proportion of the global crypto volume, and hence, the BNB token may be another safe option for new investors to consider.