Let's start by understanding what cryptocurrency is. It is a decentralised form of currency that was introduced by Satoshi Nakamoto in 2008. It is believed that cryptocurrency will flourish in the market in the coming years. Potential users and investors have analysed the record high prices of well-known cryptocurrencies such as bitcoin, ether and dogicoin.
Ether is the second-largest cryptocurrency to hit an all-time high. Large countries believe in bitcoin investments and fruitful methods such as day trading. 

However, cryptocurrency comes with many risks to be aware of. Big investments don't always mean high returns. When dealing with cryptocurrency transactions, the mechanism operates on a public ledger, also known as Blockchain. Blockchain technology is run by miners who are responsible for generating new bitcoins.

Now, how are bitcoins generated?

A process called 'mining' is used when we talk about coin development. This process involves solving complex mathematical equations on high-tech hardware devices, which also consume a significant amount of electricity. When transactions are made, users are assigned the private key needed to access the transaction. 

In the world of cryptoinvestment, the biggest concern is not sharing sensitive data with anyone, even if it involves blood. This increases the chances of losing your money, risk and fraud. Regular market value updates, investing the right amount, working on the right coin and using industry-proven trading methods are key to a healthy, safe and profitable investment.

The next big thing in cryptocurrency

The current rise of Bitcoin Digital has piqued people's interest, and the topic is now trendy among growing youth. Thanks to Ilon Musk. As Dave Ebner, head of global development at Gemini, rightly said, 2021 has been a breakthrough year, with a huge focus on the crypto and global finance industry. 

The industry is gaining traction thanks to the digital asset rally and becoming the most valuable cryptocurrency, reaching an all-time high of almost $67,000. Investors are working on the next big thing in the crypto industry after that. 

Which coin will grow in the coming years?

1. ether (Ether).

Widely known as Ether, being the second largest cryptocurrency in the world after bitcoin, it has been updated to the network and is doing well with multiple transactions. Improved platform scalability and lower transaction fees. The value of ether has risen significantly and it will flourish soon. 

2. USDT (TETHER)

Acting as a less volatile alternative to bitcoins, Tether is a type of stable coin whose asset is the US dollar and is the one most commonly used when starting to play cryptocurrencies. It is now the most lucrative and popular and most often used only by the best Tether casinos .Tether is comparatively less speculative than bitcoins and ethers. One of the biggest advantages of trading with Tether is that you can make transactions in traditional currencies instead of complex digital ones. 

3. BNB (BINANCE COIN)

One of the most successful forms of cryptocurrency exchange in terms of volume trading, Binance coins maintain a strict limit on the number of tokens in circulation. Why? This has contributed to exponential price growth, according to analysis in 2021. 

4. XMR (MOERO)

XMRs are designed to hide their users with ring signatures and hidden addresses. This makes them a simple form of trading, the design hiding the identities of both the sender and recipient on a particular transaction portal. Popular with potential investors, prices are on the rise, judging by research in recent years. 

5. ALGO (ALGORAND)

ALGO was founded by a famous computer scientist by the name of Silvio Micali. Silvio always positioned himself as a risky competitor to another coin, the Ether. ALGO became known to investors when Salvador mentioned that he would build his blockchain infrastructure with increasing potential value. The coin's biggest advantage is its 'proof of share' algorithm. The mechanism allows less electricity to be used for generation compared to bitcoins or any other platform. 

Summary

The cryptocurrency has no end in sight and will soon see a lot of positivity. The key to future investments is to follow small trading volumes and apply suitable strategies. The near future will revolve around these digital assets, as predicted and believed by today's big investors. While we cannot verify the future value of cryptocurrency, it will flourish and soon become a standard form of investment.
Read also 5 important cryptocurrencies other than bitcoins