The year 2017 marked the first major foray of cryptocurrencies into traditional worldwide markets. Cryptocurrencies are virtual currencies whose specific qualities — decentralized financing and worldwide acceptance — make them highly valuable and immune to monetary tamperings or interventions. Indeed, many things can affect the value of cryptocurrencies, and cryptos are popular for being prone to price fluctuations. However, one thing you can be sure won't affect your cryptocurrency value is government intervention or policies.
The year 2020 witnessed a tremendous increase in the value and worth of major cryptocurrencies. While world economies and financial systems were reeling from the impact of Covid 19 and other issues, the crypto market was busy waxing stronger. Cryptocurrency powerhouses like Bitcoin and Etherum recorded massive increases in capital value -- and a corresponding acceleration in worth.
Many analysts have credited this unprecedented rise in value to institutional support as well as trust from individual business leaders. However, others think the increase in cryptocurrency value and stock is mainly due to affiliate marketing. Alternatively, that it is an encouraging return when buying ads. Whichever is right, nobody can contest that the unprecedented boom experienced in 2020 seems to be sticking around for now.
Are you ready to reap the benefits of this rise in the value of cryptocurrencies? Here are five cryptocurrencies you can invest in:
1 Bitcoin: if you're looking for the best crypto to invest in, then bitcoin should top your every list. Bitcoin is the first cryptocurrency to make an appearance and has the highest liquidity in the crypto space. The main attraction of bitcoin to you should be its consistency and relative stability. It is aside from the fact that it is the most valuable cryptocurrency in the crypto space, with an astounding market cap of over $1 billion dollars.
2 Ethereum: the next best crypto to invest in after Bitcoin is Ethereum. Ethereum is one of the best cryptocurrencies available. Its stock has risen mainly due to its advanced technology and manipulation of blockchain technology to launch its smart contracts program. Ethereum also has the second-highest liquidity in the market, meaning it never lacks demand and supply is always available. After the drama and increased activity in the crypto market in 2020, various analysts have pinpointed Ethereum as one of the cryptocurrencies most likely to experience a price increase of over $4,000. Investing now would be the perfect coup.
3 Litecoin: one thing that Litecoin has in common with the best cryptocurrencies is a high liquidity and large market cap. These are also the factors that make it the perfect coin to invest in. Experts currently believe that Litecoin is one of the strongest cryptocurrencies in the market and predict an astounding price increase of $450 by December 2021
4 Tron: Tron is considered one of the most ambitious cryptocurrencies. Tron makes this list because of its exciting long-term potential in the face of recent intelligent decisions or investments. Tron recently acquired BitTorrent, which has made many analysts reconsider their outlook; if Tron owners manage to devise a more reliable and decentralized torrenting method, it could lead to a massive increase in price and value. Already, analysts predict an incredible 189% rise in the price of Tron by December 2021
5 Ripple: the current legal situation between the U.S Securities and Exchange Commission and Ripple creates a unique buying opportunity for people without Ripple. Ripple as a cryptocurrency is quite impressive because it mainly deals with large institutions and central banks. A lot of financial institutions are using Ripple to conduct seamless transactions across several borders or countries. Experts believe that Ripple should win its legal battle with the SEC. Then it could experience an astounding price increase by about 1,000%.
The Affiliate Marketing Vertical in the Crypto Space
One thing that has helped the rise of cryptocurrency is the efficient utilization of affiliate marketing verticals. Some analysts predict the reason for the recent boom in crypto ownership and prices to be a direct consequence of the increase in affiliate marketing in the crypto space.
Even at this, most people or companies don't know how to market crypto verticals effectively. They are either too forceful or not fully cognizant of the various laws and policies that govern cryptocurrency advertisements in multiple countries.
One of the best affiliate network sites for crypto affiliate marketing is Olavivo.
Here are some tips that might help you in running crypto offers:
1 Conduct proper research on your target audience.
2 Simplify your methods and conversion tactics. You must walk through your entire process and make everything as simple as possible.
3 Traffic is important; quality traffic is more important. Always employ a quality traffic source.
4 Complete market research and planning. You must set up your ad campaign to be efficient and dynamic — proper planning will help you achieve this.
5 Check to ensure that your landing page looks good on all major devices.
6 Be ready to redirect your efforts and traffic. Always adapt to market situations.
7 Always perform A/B testing.
8 Diversify your marketing approach. If possible, run different offers for mobile and desktop devices.
9 Optimize your devices to ensure that the campaigns you run are perfectly optimized for all devices.
10 Be relatable in your stories, pictures, and language within the campaigns. Remember, it should fit your target audience.
11 Track your ad campaigns' performance, so you'll know what clicks and what doesn't.
12 Set your ads to coincide with your target's schedule. People are more active after working hours.
13 Advertise with a crypto affiliate network account manager always. Let an Olavivo
account manager guide you to the top converting offer based on your needs and target market. It will save you time and money! Allow your account manager to focus on the affiliate campaign and highlight any important insights based on live data.
Word of Caution with Cryptocurrencies
It would help if you understood that investment always involves risks. Thus, you have to do your best to be informed about the market. Furthermore, about the asset you're about to invest in.Don't rush into crypto blindly. Take your time to learn with a demo account.