Cryptos have become a growing sensation in recent years; the rate at which crypto has become a trend has outpaced the adoption of the internet itself, and the end is nowhere in sight. Crypto is hot, crypto is trending and there is a lot of money involved. The crypto forecast for 2023 is therefore expected positively by many investors, and finding the right coins is becoming increasingly difficult. There is more and more small crypto with potential. More and more crypto exchanges and marketplaces are also being added.

In order to make the best returns on Bitcoin investments you need to understand what it really is and how it works.

With this step by step guide:

• you will learn how to avoid scams in cryptocurrency
• you will learn how work the blockchain technolog
• you will be able to keep your bitcoins safe in the best wallets
• you will know the best way to obtain bitcoins and the best investment strategies
• you will learn the advice you need to follow to make a good return on your investment

Click on here to get more information about this

By the end of 2025, there are expected to be about one billion global crypto wallets. This figure is expected to continue to rise due to the global reach of the internet, and the many countries beginning to accept Bitcoin as legal tender.

More than just Bitcoin

Not only Bitcoin is growing, but also other cryptos such as Ethereum, whose trend has developed faster than Bitcoin since 2019. The growth of Decentralized Finance (DeFi) is even more impressive, with its user base tripling since early 2021.

This “risky” market has attracted more investors, and as 2022 is reaching its last quarter, investors are now looking for crypto coins with potential in 2023. Crypto will rise in 2023 mainly depending on the projects they represent. We can see which new crypto coins will take over in 2023 through the examples below.

Which crypto will rise? – Top 3 crypto with potential

The following cryptos are projects that are going well and of which there are high expectations for 2023. Especially for investors looking for a long-term investment, these cryptos are a good choice to take a closer look at. We do not give financial advice, but share this information based on the results of the past months, together with the longer-term plan for the project. Just make sure that you thoroughly immerse yourself in crypto before you decide to invest.

1. Ethereum

Ethereum is a decentralized blockchain network with its crypto coin to pay with, the cryptocurrency Ether (ETH). Ethereum is a cryptocurrency with potential due to its smart contract functionality. Smart contracts are like paper contracts that are executed when all conditions are met but without an intermediary such as a bank or other intermediary. Various developers use it

Ethereum network for creating various projects such as decentralized exchanges (DEXs), security tokens (which can replace paper certificates and other financial products), non-fungible tokens (NFTs) used to replace art and other valuable items, as well as creating new cryptocurrencies entirely with Ethereum's ERC-20 token standard.

Ethereum is currently switching its consensus mechanism to a Proof of Stake (PoS) from its PoW mechanism with the ETH2.0 upgrade. Stakers can now offer their ETH as a deposited investment for additional passive income. This is not only for an extra return, but also better for the environment. Old-fashioned mining costs a lot of energy.

Why Ethereum?

Ethereum is the largest blockchain network for decentralized applications and has the second-largest market capitalization behind Bitcoin. With decentralized apps and the ERC-20 token standard, Ethereum offers many possibilities for different projects and is the main choice for the development of new crypto coins. Ether is the only coin in talks to surpass bitcoin in the short term, and all dApps, smart contracts, security tokens, NFTs, and many other products require them to run on the ETH blockchain.

In order to make the best returns on Bitcoin investments you need to understand what it really is and how it works.

With this step by step guide:

• you will learn how to avoid scams in cryptocurrency
• you will learn how work the blockchain technolog
• you will be able to keep your bitcoins safe in the best wallets
• you will know the best way to obtain bitcoins and the best investment strategies
• you will learn the advice you need to follow to make a good return on your investment

Click on here to get more information about this

ETH has shown strong capacity since 2015, and it is still evolving to get better. For example, there is the ongoing ETH2.0 upgrade which contributes to a much more efficient and faster PoS consensus mechanism and system of Shards. ETH is still one of the interesting crypto coins for 2023. Staking is an additional income generator (around 8% per year) for investors who want to hold onto ETH and earn an extra return.

2. Chain link

Buy Chainlink 2022Chainlink is a decentralized Oracle network that runs on the Ethereum blockchain that allows smart contracts (smart contracts) to connect to external data. Chainlink is an emerging cryptocurrency due to its smart contracts. Smart contracts are pieces of code that ensure that an agreement between two parties is automatically executed on the blockchain. When the conditions are met, the contract automatically executes the order.

Blockchains in themselves are not able to communicate with external data. On-chain data cannot communicate with off-chain data. As a result, many smart contract blockchains failed to realize their full potential and require a third party to be involved. This completely clashes with the whole idea of ​​a blockchain network.

Why Chain Link

Results of sports events can be made via Chainlink so that sports bets are paid out correctly. Chainlink can be used as a supply chain using location data to track a logistics company from the factory to the consumer.

With Chainlink, there is the possibility to retrieve weather data so that insurance premiums can be calculated correctly. Thanks to its Oracle service, Chainlink has come up with a solution for the communication between on-chain and off-chain data. Oracle is software that translates external data into a language understandable by smart contracts and vice versa.

3. Polka dot

Buy Polkadot 2022 Polkadot is a proprietary blockchain network that has connected different blockchains that have different functions to work together. Polkadot, like Ethereum, allows developers to build apps and smart contracts. Polkadot's relay chains enable dApps to communicate with other blockchain networks.

Polkadot's interoperability has made it effortless to transfer assets between different blockchains, and Polkadot has the highest potential transaction speeds in the industry today. DOT cannot be staked, but it can be invested in.

In order to make the best returns on Bitcoin investments you need to understand what it really is and how it works.

With this step by step guide:

• you will learn how to avoid scams in cryptocurrency
• you will learn how work the blockchain technolog
• you will be able to keep your bitcoins safe in the best wallets
• you will know the best way to obtain bitcoins and the best investment strategies
• you will learn the advice you need to follow to make a good return on your investment

Click on here to get more information about this

Why Polka Dot?

Polkadot is an interesting cryptocurrency because it can communicate with other networks, including Ethereum. Polkadot has a growing number of programmers, in a webinar Keith Bliss (President Capital2Markets) discussed this: “Polkadot is an Ethereum competitor and many programmers use it because it is more secure. It allows them to build their blockchains.”

Polkadot tackles scalability, a major blockchain problem. Polkadot's parachains reduce congestion. This enhanced feature also makes it a good investment choice. Vitalik Buterin, one of the founders of Polkadot, also co-founded Ethereum, giving it a strong foundation and support from many investors.

Disclaimer

Investing involves risks, you can lose your investment. I am not a financial advisor and the content on this website is not financial advice. The information and tips on this website are based on personal experience