10 best cryptocurrencies to invest in right now in (2022)

Note: This is not investment advice and TheMoneyMongers Team or the author is not responsible for any gain or loss. Those of you who want to know the reasons for investing in cryptocurrencies should read this to the end.

So let’s get in:

Best cryptocurrency to buy right now in 2022

Here is a list of the 10 best cryptocurrencies to invest in right now in 2022:

# 1. Bitcoin (BTC)

First things first:

Do not ignore Bitcoin.

Buying Bitcoin is without a doubt the best long-term investment in the market value of cryptocurrency to make in 2022. The Bitcoin price is more reasonable now and there are very few bitcoins left to buy.

All said and done, Bitcoin is still one of the most secure cryptocurrencies to invest in, and the entire market value of cryptocurrencies is moving in parallel. Consider it the investment in the digital currency in future years or decades.

In addition, Bitcoin’s technical expertise is growing with Segwit, Schnorr signatures, MAST, MimbleWimble, Bulletproofs, Confidential Transactions, Side Chains, Drivechains, Lightning Network every day, making it even more difficult for any other cryptocurrency to catch up.

It is easy to buy Bitcoin from any popular Cryptocurrency exchange platform such as Coinbase, and to keep your Bitcoin safe, a wide range of web as well as hardware wallets for Bitcoin are available. So I see no reason not to have Bitcoin in someone’s portfolio, and it can be as high as 40-50% of the total portfolio.

Now I know you have to get itchy to know the next crypto on the list of best cryptocurrencies to invest in 2022 and its Litecoin.

# 2. Ethereum (ETH)

I’ve always been bullish on Ethereum crypto, but recently its scaling issues have become a big open secret to the world.

But we must not forget that Ethereum’s goal is also very ambitious to ‘be the world’s computer’, and therefore it is perfectly OK to expect such errors from time to time.

Another thing to note with Ethereum is that the world is built on it and it has the most prominent developer pool in the world.

Plus Ethereum is a pioneer in decentralized applications and smart contracts, which is a massive factor in itself.

However, I am not unaware that Ethereum is very behind in its schedule and is facing serious scaling as well as management issues, but I think it will return steadily

Right now, prices have bottomed out and it looks quite attractive for a long-term crypto portfolio or trade.

Disclosure: I have 10% Ethereum in my wallet and now after my top 5 cryptocurrencies to invest in 2022, I will share the next five. Also, do not forget to check out some of the best Ethereum purses that you can use to store your ethereum safely.

# 3. Litecoin (LTC)

Litecoin, the open source and decentralized fork of Bitcoin, created by Charlie Lee is among my second-best preferred cryptocurrencies for HODL.

Litecoin was created to complement Bitcoin as silver for Bitcoin’s gold, and so far it has succeeded in being on the list of top 10 cryptocurrencies since 2012.

Litecoin crypto has also served as a test bed for Bitcoin by pioneering the implementation of segwit, atomic swaps and lightning on its mainnet.

Plus Litecoin has the only payment application for which it is used in a decent trading volume. In this slow market also yYou will find that Litecoin processes an average of 25,000 transactions each day.

More work is being done on the scaling and privacy side of the Litecoin Foundation, which is committed to promoting the #PayWithLitecoin narrative

I have 10-15% crypto portfolio in Litecoin and will continue to accumulate in 2022 if the market value falls even below what it is now because last time LTC reaches from $ 4 to $ 370 in 7 months.

# 4. Binance Coin (BNB)

Binance, also known as Binance currency (BNB) is the original cryptocurrency for Binance exchange.

Binance’s own crypto-based currency was launched in August 2017 with the launch of its exchange to facilitate trading transaction fee exemptions for Binance exchange users.

But now Binance is expanding its range rapidly and is launching its own Binance Chain as well as Binance DEX, where this BNB currency will find more utility.

Plus Binance coins indirectly benefit its users because they spend 20% of their profits every quarter to buy back BNB coins and destroy them to create digital scarcity to reward BNB crypto holders. And this will continue until they eventually buy 50% of all BNB (100M) back.

This is an excellent way to reward its coin holders, and further with Binance Chain and Binance DEX, BNB will have more utility as well as liquidity, which will ultimately result in a price increase in 2022 and beyond.

# 5. Tezos (XTZ)

Tezos’ is an Ethereum competitor that had a very shaky start, even after raising $ 232 million in its ICO.

But now Tezos has launched its mainnet and is preparing to become the next dominant platform for decentralized applications and smart contracts.

Tezos is a blockchain that can evolve by upgrading itself. Stakeholders vote on amendments to the minutes, including amendments to the digital voting procedure itself, in order to reach a social consensus on proposals. Tezos supports smart contracts and offers a platform for building digital decentralized applications.

Finally, in July 2022, Cameron and Tyler Winklevoss have quietly added Tezo’s cryptocurrency (XTZ) to their Winklevoss Capital (portfolio companies), which is a very bullish signal in itself. Also, do not forget to check out some of the best Tezos wallets that you can use to store your XTZ safely.

# 6. Monero (XRM)

Are you looking for something private and anonymous in your crypto portfolio?

Monero is for you.

Monero is an open source and decentralized cryptocurrency that is popular with people who value their digital privacy and security.

Monero is very private and that gives it a usecase. And interestingly enough, Monero is also predominantly used in deep web transactions and is impossible to track.

However, let me also point out that privacy is something that is a continuous process and even Monero earlier this year leaked some of the transaction information, but as suggested by its executives, Riccardo develops that “there is no easy solution.”

But Monero is working on exciting techniques known as Ring signatures, RingCT, Kovri and Stealth address to improve its transactions and privacy mandate, which is why it is a stronger challenger than Zcash when it comes to investing.

Plus, Monero has its inflation rate much lower than Zcash, which is another good reason to have at least 3-5% Monero in your portfolio. Also, do not forget to check out some of the list of top Monero wallets that you can use to store your XMR securely.

# 7. NEXO (NEXO)

Nexo – The world’s first instant crypto-backed loan is powered by Credissimo – a leading European FinTech group with a track record of 10 years.

So if you are someone who is not willing to part with his cryptocurrencies in this bear crypto market and still want equity for it, you can use Nexo.

Nexo loans are issued instantly when you provide security for your cryptocurrencies. From now on, Nexo supports 200+ jurisdictions and 40+ popular coins and provides real dividends to Nexo token holders, who are even more than S & P500 companies.

So if you’re looking for a blockchain project that works and generates profits for its stakeholders, Nexo is the one to look at this time.

# 8. Cardano (ADA)

Cardano is the third generation of blockchain platforms for the development of decentralized applications and smart contracts.

It is also an open source and decentralized platform like Ethereum, but is built on a higher promise of being scalable, controllable and interoperable.

Before Cardano was developed, its paper has been thoroughly peer-reviewed and is based solely on high-quality academic research.

If you are looking for long-term investments, Cardano coins can fit really well with your cryptocurrency portfolio. Cardano has a very long roadmap that does not appear to be completed within a few months, but the blockchain is live.

Next Cardano has a new smart contract language that will take some time to get traction from developers.

So because of this, Cardano is a long-term investment, but I definitely think it will be a tough competitor to Ethereum and another smart contract platform. Also, do not forget to check out some of the popular Cardano wallets from our recommended list that you can use to store your XMR securely.

# 9. VeChain (VET)

Vechain is a new provider of enterprise-level blockchain solutions that aims to leverage blockchain technology to build a trust-free and distributed business ecosystem that is self-circulating and scalable.

Earlier in 2017, they were focused on becoming a supply chain management blockchain that leveraged IoT-based technology, but later expanded their vision.

So far, they have successfully implemented blockchain technology solutions across various industries such as luxury goods, spirits and agriculture.

And do not get me wrong because these use-cases go beyond the Proof-of-Concept level and have already been launched in the market globally.

VeChain recently transformed into VeChain Thor with its new vision and now has its own blockchain, which is being developed for future scalability.

# 10. Bancor (BNT)

Much you may not agree with me when I put Bancor here, but Bancor’s liquidity network is worth talking about in this very illiquid market value, especially when the security token is out.

Bancor is the world’s first decentralized liquidity network to redesign the way people create and share value by ensuring continuous on-chain liquidity between blockchain-based assets.

And the good thing about the Bancor protocol is that you can get liquidity for almost any token, which is a rarity in the cryptosphere.

And it has its native BNT token that helps keep a reserve and provide liquidity, so in my opinion it’s a gem to have in your portfolio.

Still confused?


Cryptocurrency investments (decentralized, open source) do not depend on your country or geography, so it does not matter where you are! So feel free to invest in these cryptocurrencies from the UK, US, Australia or India.

Lastly, when investing in cryptocurrencies from time to time, you should have good wallets to keep your money safe. That’s why I’ve only listed here the cryptocurrencies that have decent wallets to hold these cryptocurrencies.

PS: I have Ledger Nano S and Trezor to protect my most of cryptocurrencies. [Enjoying right now Ledger Nano X as it is much superior to both of these wallets, read my review of Ledger Nano X here. ]

So that’s all from my side today, and now you’re telling us which are your favorites or which cryptocurrencies are you choosing for 2022?

Our recommendation number 1

  • Best BTC hardware Wallet for HODL !!

  • Save 50% on the Ledger Nano S + X Bundle

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