1.- Explain the Penny cryptocurrencies in your own words. Advantages and disadvantages.

Panna cryptocurrencies are are defined easily is the smallest coins with the very little value and these cryptocurrencies are considered as undervalue coins the price of these cryptocurrencies are less than $1 all the cryptocurrencies which comes under $1 they are considered to be penny cryptocurrencies it doesn't and here there are cryptocurrencies with the value of $ 0.000045  it can go very low to make it easy for you all the new cryptocurrencies which are starting now they are penny cryptocurrencies there are some old cryptocurrencies as well under one value and they are considered is penny cryptocurrencies

 cryptocurrencies are mostly new  cryptocurrencies which are roll launch recently so they have a very little market capital and with the very little investment in it the demand for those  cryptocurrencies are low that's why the value of those  cryptocurrencies are low and they are considered to be penny cryptocurrencies

Advantages

 penny cryptocurrency is a really good for investment because their value is not that much and you can invest a very little amount of capital and gain a really good profit from them because the value is very small it can go very high 

Penny cryptocurrencies are easily available in the market and penny cryptocurrencies are both long and short term investments because the the price go up and down very fast you can invest in  for long term and for short term as well most of the currencies don't go both ways

Penny cryptocurrencies don't make huge losses because the value is very low and it won't go to a very low value than that so there are really good chances of it going up even if you make loss the loss will not be that big so penny cryptocurrency is a really good for investment

 Disadvantages

 penny cryptocurrencies has one of the highest quality litti in the Crypto market and because of that you can make a really good laws if you don't pay attention and a few don't fall off the market and the value of that specific  cryptocurrency

penny cryptocurrencies  can make you profit but the problem is that you will have to wear for a long  time because 1st any cryptocurrency has to gain some capitalisation in the total market and then it can give you some profit but that will take a very good amount of time

 people don't trust penny cryptocurrencies that easily because as I said most of the cryptocurrencies are very new and  for the investors and traders and that's why mostly people don't  trust penny cryptocurrencies for investment

 penny cryptocurrencies has many fake newses and sometimes it lead the cryptocurrency to lose its value

 most of the penny cryptocurrencies lose its value and completely go in loss which can be a big loss for the traders and investors

For you: What will be the best Penny to invest in this 2021? Explain and show evidence.

My choice for the best investment in the penny cryptocurrency for 2021 will be this one coin that I have been following since last one month and I think this coin has a great potential to give you a really good profit in the future for a long term

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 reasons why this penny cryptocurrency is good for investment

 the first reason is this that many of the big  cryptocurrency traders have been promoting this and many of the youtubers are promoting this penny cryptocurrency and it has gained a really good name in the market since last one and half month and if you look at the chat we can clearly see that  this coin has gained a really good popularity among the investors currently this coin is ranked as 38 in the coinmarketcap  as I told you for a penny cryptocurrency to gain trust among the trader is very important and this penny cryptocurrency a has done that and it has acquired a really good amount of market capital so there are really good chances for this cryptocurrency to go high in future and give you are really good profit

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 currently the value is a little down but that has happened with almost all the cryptocurrencies in the market it is not because this specific cryptocurrency is not valuable but because of the Bitcoin crash all of these cryptocurrencies has been affected by that so I believe that if it can go that high it can cross the mark of $1 and then you can make a really good amount of profit by investing in this coin for a long term for short term I don't think it can give you are really good profit but for a long time if you think it can make us a really good profit

-Do a Ripple (XRP) analysis. Show screenshots. Would you invest right now? Explain.

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Xrp Is one of the best coin to invest in and now after analysing the chat I can tell you that in my opinion this is one of the rarest coin which has not been affected that badly by the crash of Bitcoin because its not related to Bitcoin the future of this coin is very bright because of the the goal that this coin is going to achieve in the upcoming years this coin has been broadly accepted by the world as the new payment method if I'll tell you my personal opinion then just look at that graph from the one month and you will see that there has been a really good growth in this coin  the coin is in the top 10 rank cryptocurrencies which means a lot 

This coin is a really good investment for long term and short term as well there is not much volatility in this coin and the fact that this coin doesn't get affected by the Bitcoin crash that much we can clearly see that it has only loss 2% of its value which is relatively very loot if we compared to the other cryptocurrencies in the market

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 in my opinion I would wait for the coin to go a little lower and then I will invest in this coin and because I have been following this coins since long time since my introduction to the cryptocurrency I know that this coin has a huge potential and ine can go skyrocket very soon

 as soon as the market come back to stability this coin will increase in value if you look at the past history of it since the market was stable 1 month ago it had a really great rise in that I'm still the market is not stable but the coin is quite high it has been in $1 in a quiet nice time which shows the potential of this coin for the investment

Present in detail a possible investment of 5 penny crypto assets. Explain and present data confirming your choice.

DENT 

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This coin is also a very good coin I have been monitoring this coin since 1 month and I think that it has a really good chance of growing up in the future if you are thinking about short term trading in this coin I will not recommend it but for long-term I think this coin has a potential because I said once a coin is recognised by the investor's they will try to boost that coin of in the future and if I locate the graph of this coin I can clearly see that this coin can go up in the future and because it has been growing and the effect of Bitcoin and the market crash that let this coin to a little downfall otherwise this coin can give you are really good profit but in the long term you should wait for the market to get stable and it will give you a profit

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Tron 

is one of the best coin to invest in a few are looking for a long term investment and if you want your investment to gain early good profit personally I had invested in this coin long time ago and if you look at the technical analysis we can clearly see that this coin has a really great potential this coin was any RC 20 token but later on the head there on blockchain and now they are developing some great projects on the Tron blockchain system using their smart contract it can be the next ethereum because they are doing something out of the box and unique these things should be considered because these are the things which brings value to a coin

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If you look at the chat we can see that the coin has been quiet nice look at the price value this coin is also come under top 50 coins in the coin market cap and people value this coin if you take the technical analysis we can see that it has been very up in the past and since the Bitcoin crash last week the coin is in recovery mode now as you can see the graph is going up a little so I think it's a really good time to invest in this coin but for long term

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IOST 

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You can get a really good profit from this token as I said that when we look at the graph of this token we can clearly see that there has been a lot of Movement in the coin the coin is not stable and it lead you to the conclusion that this coin can make you are really good profit but only for short term it can also give you a profit for long term but I would say if you want to invest for short term like one week for 3-4 days it can give you I really good profit but before investing you must do you are on any Analytics the all time high of this coin is very good so it leads me to you the answer that yes I would invest in this  token

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STEEM

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One of my personal favourite coin and I have been trading in this coin since 2 years I have not just selected this from now but I think that this coin has a huge potential and if you look at the history of this coin this coin has showed a really good profit too many people and personally I believe that this coin has a great potential in the upcoming time if you look at the history again you will feel like that once in a month it reaches above $1 it has always shown profit to the investors

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 looking at the graph now the coin is down but I feel that this is the best time to Invest in this coin as we all know the technical terms that history repeat itself and if you look at the last four months it has gone above $1 more than 4 x 2ft invest now there are some really good chances that it will cross the $1  and then you can take your profit it will take only a month

Safemoon

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This is our recently popular penny cryptocurrency and it is really a penny cryptocurrency because it the value of this coin is very low but recently many big names has been connected to this coin and one of the name is Elon Musk he talked about this coin and because of that this coin has been doubled in value many times in the last few months specifically talking last one month has been the brightest month for this coin recently because of the Bitcoin crash in the total market crashed the value is gone a little down but it has gives some really good profit to all the investors and I believe that in the upcoming year it can replace coins like dogecoin and many other people has trust in this coin and I believe by looking at the graph it can reach a really good level having such a  low price value many people has been investing in this coin

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Show an investment (starting at $ 5) that you have made this week in Penny cryptocurrencies. List the steps you took.

 last week I had invested in a coin and I got really good profit from that it depends upon which time do you in and get out from the trade so mine was a quite nice trade I had invested $100 and 2 dot coin and I got about $1 off profit from their trade so that was a complete success

First of all you need to have some exchange I will recommend binance and  poloniex  these are the two exchanges they are very easy to use and now I will show you how can you trade with exchange how can you hold by and cell

 first of all open your binance exchange and deposit some coins in it it can be anything you can deposit any coin but first check that binance support that coin or not once you deposit that coin you can letter on by any coin with that specific coin

 I have already got usdt which  I will use to purchase some xrp from the market

step 1

first of all you will goto your binance account and then once you open your account you will be able to see this front page now you will click on the trades and there new window will open

step 2

here you will have to select the pair you want it simply means that you will slect the coin you have like the coin you want to use to buy the other coin in my case i will slect usdt and xrp so then i can trade usdt for xrp select your pair

step 3

step 4

step5

now here you will be asked to fill the boxes as per your demand like how much xrp do you want you can put that value and you will be able to buy that the other box will be fill automatically and if you will the usdt box like how much usdt you want to spend the other box will be fill as i said so after doing that process you can click on that bbuy button

step 6

once you click on the buy button your order will be places and you will get the coins you want in a while and you can click on your wallet to see the coins and later on you wan also transfer that coins into any nb wallet that support that coins