5 Cryptocurrencies Redditors are Buying for 2022 and Beyond

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1. Bitcoin

Bitcoin is the most popular and expensive cryptocurrency on the market. Despite concerns around energy-intensive mining methods, the coin performed better than most other established coins on the market. Bitcoin was launched in 2008 and has over the years become the brand name most associated with the crypto world. As such, Redditors are buying the coin ahead for 2022 and beyond to benefit from the increased interest in crypto in general. It was developed by  Satoshi Nakamoto. 

Bitcoin uses a peer-to-peer technology to facilitate instant payments. Bitcoin is not backed by governments or central banks but is being exchanged for other currencies, a fact that speaks volumes about the future potential of the coin. Some investors have even said that the coin is a better hedge against inflation than gold. 

You can also take a peek at 10 Stocks Jim Cramer and Ken Fisher Have in Common and 10 Best Nickel Stocks to Buy Now.

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