Three cryptocurrencies recommended by investors significant profits in 2023
According to investor recommendations, there are three cryptocurrencies that should be considered for potential profits by the end of 2023.
The first one is Litecoin, which has attracted significant investments and may garner the interest of smaller buyers, potentially increasing its value. It is currently valued at around $107, with an estimated worth of $120.
Bitcoin Cash is another prominent option, having seen significant growth since May 2022. Estimates suggest its value could exceed $350 by the end of the year, with its current cost at $308.
The third recommended cryptocurrency is COMP, the Compound Finance token. In June, its price exceeded $60 due to whale investments. Similar to Litecoin, retail traders are expected to be inspired by investor activity to acquire COMP.
According to Will Clemente, co-founder of Reflexivity Res, Tuesdays are the best days to trade this cryptocurrency.
On the other hand, it is evident that weekends are the worst-performing days for Bitcoin, according to a chart provided by the analyst. Despite regulatory crackdowns on the cryptocurrency industry in the United States, the second half seems to be the right time to invest in digital assets, given the current conditions.
However, it's important to note that cryptocurrency investments come with risks, and thorough research is advisable before making any investment decisions.
