Best cryptocurrency to invest 2021

01/18/2021

Most of today's beginners have difficulties in finding and understanding the Best Cryptocurrencies to invest in 2021. We understand how confusing it is when you first begin looking for new cryptocurrency investments. To avoid difficulties and confusion Sign up with Best cryptocurrency platform.

By the end of this guide, you’ll know how to find cryptocurrencies to invest in 2021.

Cryptocurrency Market So Far

The first ever cryptocurrency, Bitcoin, was invented way back in the year 2009. Though it was just the beginning, nobody really ever knew about Bitcoin til 2013. Moreover, no one ever thought that it would become such a huge digital currency and the best cryptocurrency to invest in.

However, since 2013, the cryptocurrency market has gone through huge growth — growth that was hard to ignore and one can ever dream off. At present there are more than 1500 different cryptocurrencies around the world, not to forget the fact that all these currencies were created in less than 5 years.

In the history of cryptocurrency 2017 marks a special place, it was the year when crypto really blew up. The market cap of cryptocurrencies grew up by 4000%! The market cap of all cryptocurrencies was somewhere around $21 billion in March 2017, whereas if we see now it has grown over $1 Trillion. That’s huge!

Market cap: The total price of all the coins added together. As we see now, the market isn’t just about Bitcoin anymore. There are many other cryptocurrencies that have entered the market, such as Ethereum, Litecoin, and Ripple. All of these are performing incredibly well over the last year and all these coins can be treated as "the best cryptocurrency to invest in".

There are many predictions and a lot of things being said about the future of cryptocurrencies, while it is difficult to predict the future of cryptocurrencies. One of the reasons why cryptocurrencies are becoming more popular is because of blockchain technology. It is a secure piece of technology that was first used by Bitcoin. You can’t learn how to invest in blockchain, though. Instead, you can learn how to invest in the cryptocurrencies that use blockchain (which is all of them!) Sign up with Best cryptocurrency platform.

Are you ready to find out about the next cryptocurrency to invest in 2021? Well, let’s get started.

What are the Best Cryptocurrencies to Invest in 2021?

Below, you'll find a few options for the best cryptocurrencies to invest in 2021 and beyond (well, at least for the foreseeable future).

h3>Bitcoin (BTC)<

If you’ve only heard of one cryptocurrency, it’s probably Bitcoin. It is the biggest cryptocurrency ever — currently it possesses a total share of 40% in the total cryptocurrency market cap! It is the oldest cryptocurrency. So, if Bitcoin continues to increase as it did in 2017, then investing in Bitcoin might be a good idea for 2021.

With the price changing so much in such a short space of time, how do you decide what the best time is for investing in Bitcoin? To avoid difficulties and confusion Sign up with Best cryptocurrency platform.

Investing in Bitcoin

If you are looking to invest in Bitcoin then you must stay up to date with the latest news and trends around Bitcoin. When news is released about a new technical improvement, you might want to think about buying Bitcoin. If there is a huge fall in the price of the cryptocurrency in question, then that too might be a good time to buy Bitcoin because you can buy it at a low price.

Ethereum (ETH)

Till the end of 2020, the price of Ethereum was slightly higher than $720, with a total market cap of around $70 billion. In the very beginning of 2018, Ethereum climbed and reached its highest price of $1423 on January 4. At this time, the total market cap for Ethereum was $138 billion!

Ethereum grew by about 3000% in the year 2017 and became the second-largest cryptocurrency.

Unlike Bitcoin, Ethereum is not just a digital currency. It is a more advanced blockchain project. This is because Ethereum offers something special — by using Ethereum’s platform, developers can build their own cryptocurrencies.

Imagine that you would like to build a blockchain-based solution for managing the supply chain of your business. Thanks to Ethereum, you don’t need to start from the beginning, you can just build an application on Ethereum’s blockchain. Ethereum makes it much easier for new blockchain projects to launch.

So, is Ethereum your next cryptocurrency to invest in 2021?

We recommend that you think about adding Ethereum to your list, as I think it could be one of the best cryptocurrency to invest in 2021.

“Julian Hosp, a blockchain expert, said that the market cap of Ethereum could rise to $200 billion by the end of 2021. If Hosp’s prediction is correct, the price of Ethereum will reach up to $2000. Hosp’s reason behind the prediction is based mostly on the ICOs (Initial Coin Offerings) that decided to use the Ethereum blockchain in 2018 & 2021.'
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Ripple (XRP)

Ripple, which is also known as XRP, was a prime contender for the spot of the best cryptocurrency in 2017 with growth of around 36,000%! Yes, you read that right. It grew from almost $0 at the beginning of 2017 and reached $2.4 in December 2017

Even though the price of one XRP is a lot lower than the price of one Bitcoin, XRP is still the third-largest cryptocurrency by market cap.

So, what is it about Ripple that has made it so popular for investors?

The main reason for Ripple’s popularity is that it is not just a digital currency, but also a payment system. Ripple uses blockchain technology to make international payments faster and more secure.

If you have tried to make any international bank payment today, it would take around 2-10 days for the transaction to process. The same payment, when done using Ripple, takes a few seconds.

But there’s more good news for Ripple users – many large financial institutions like American Express, JP Morgan and Santander are already using Ripple’s technology. Also, Ripple has been working with the Saudi Arabia Central Bank, China’s LianLian International and other banks from around the world.

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So, if you’re wondering how to invest in blockchain, then Ripple might be the best answer.

Litecoin (LTC)

Our list of what is the best cryptocurrency to invest in 2021 cannot be complete without Litecoin. Just like Ripple, Litecoin showed great performance in 2017 with a growth of almost 8000%. The price of Litecoin grew from around $4 at the beginning of 2017 to a high of $358 in December 2017. However, just like most cryptocurrencies, Litecoin also followed the price trend and dropped to $110 in February 2018.

Litecoin is the 5th largest cryptocurrency with a market cap of around $11 billion. Litecoin continues to interest investors because of its close connection to Bitcoin, thus providing a good reason for Litecoin to be on our list for the next cryptocurrency to invest in 2021.

Litecoin was created in 2011 to improve upon Bitcoin’s technology. Litecoin completes a transaction 4 times faster than Bitcoin. However, unlike Bitcoin, the maximum number of Litecoin is capped at 84 million — 4 times more than the coin supply of Bitcoin (21 million).

Not to forget the fact Litecoin was the first ever cryptocurrency to perform a Lightning Network transaction in May 2017. Using the Lightning Network, 0.00000001 Litecoin was transferred from Zurich to San Francisco in under one second! Once Litecoin starts using the Lightning Network, it could increase the price of Litecoin!

Lightning Network: A new technology that increases the speed of transactions on the blockchain network.

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Bitcoin Cash (BCH)

Bitcoin Cash is yet another name that is well-known in the cryptocurrency circles. As with most things Bitcoin-related, the controversy revolving around BCH has to do with the concepts of scalability, decentralization, and staying true to the original vision of Bitcoin (blockchain).

Out of all of the best cryptocurrency options on this list, BCH has one of the more interesting inception stories. It was created as a result of the hard fork of Bitcoin. The developers who implemented the fork did so in order to solve one of the most notable Bitcoin's issues - lack of scalability.

A single Bitcoin Cash block's size is 8MB. As opposed to that, Bitcoin's block sizes are 8 times smaller – 1MB.

As you can probably imagine, the opinions surrounding BCH had been quite split apart from the very beginning. How did this impact the crypto coin's prices? Well, take a look:

While BCH did have a lot of different periods, its price has been rather stable for quite some time now! Even with all of the controversies surrounding the crypto, there are many people who are still adamant that Bitcoin Cash is the "cryptocurrency of the future". Surely a noteworthy option, as far as the best cryptocurrency to invest in 2021

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Chainlink (LINK)

Chainlink is among the fast-growing cryptocurrency out there in the market. The digital currency has been growing in value within a short period, and many people are showing great interest and investing in Chainlink. This digital currency was formed back in 2014 and has made great leaps since then. It is built on Ethereum in accordance with the ERC20 standard for tokens. Chainlink can be bought and sold for fiat currency or other digital currencies.

Chainlink greatly expands the capability of smart contracts by enabling access to real-world data, events, payments, and more without sacrificing the security and reliability guarantees inherent to blockchain technology. Chainlink is working with large enterprises across the globe.

Several things have made Chainlink grow into what it is currently. One of the factors that made it rise is the number of products offered. People can get crypto loans, make savings, and even earn interest on their Chainlink coin, just to mention a few. Many have seen the potential of Chainlink and what it can offer in the future. So if you are looking for a best place to invest in 2021, then Chainlink should be in your list of investments. This has made many to invest in it, thus making it grow to what it is today.

To avoid difficulties and confusion Sign up with Best cryptocurrency platform.

Monero(XMR)

Monero (XMR) is a privacy-focused cryptocurrency released in 2014. It is an open-source protocol based on CryptoNote. Monero is a grassroots community attracting the world's best cryptocurrency researchers and engineering talent. It uses an obfuscated public ledger, meaning anyone can send or broadcast transactions, but no outside observer can tell the source, amount, or destination. With Monero, you are your own bank. You can spend safely, knowing that others cannot see your balances or track your activity

Bitcoin addresses and their transaction histories are publicly recorded on the Bitcoin blockchain (full record of transactions). Therefore, if someone can tie your real world identity to a Bitcoin address, you lose anonymity. On the other hand, Monero balances and transaction histories are completely private.

Monero has the advantage when it comes to transaction fees. Monero transaction fees are relatively less when compared with others. Also Monero does not have any specific limit over its maximum supply; it will inflate or increase in supply slower and slower as time goes on.

Monero is one of the largest cryptocurrency in the market grabbing the attention of many investors, the wise decision to be made while planning your investment. So, suggestion is that you must keep an eye on this great currency and allocate some specific reserves to invest in 2021

To avoid difficulties and confusion Sign up with Best cryptocurrency platform.

Filecoin(FIL)

Filecoin’s story begins with Protocol Labs Filecoin ICO in 2017. At that time, the platform made international headlines as one of the industry’s largest funding rounds. Specifically, the event secured $205.8 million and demonstrated the high level of investor interest surrounding the project. Notably, the event received backing by venture capitalists Sequoia and Andreessen Horowitz.

Filecoin (FIL) is a decentralized file storage and sharing network that leverages the power of blockchain technology to provide users with a plethora of new opportunities in the market. Decentralized file-sharing platforms are now more popular than ever. Filecoin combines various technologies to provide a unique experience to its users that translate into more chances to earn crypto.

FIL is available on all the reputable exchanges. The world’s top crypto exchange, Binance offers access to FIL. To get your hands on this unique token you will need to register for a Binance account. After your verification, you can start trading instantly. You will need to load fiat, BTC, or ETH to get FIL. Once your account is loaded, you can find the BTC/FIL trading pair and start trading instantly.

Filecoin (FIL) users enjoy a variety of benefits that make the platform a serious contender in the market. The protocol incentivizes a global network of computer operators to provide file sharing and storage services to the masses. This strategy encourages further cooperation between users. Impressively, the Filecoin community is one of the fastest-growing in the market. Surely a noteworthy option, as far as the best cryptocurrency to invest in 2021

To avoid difficulties and confusion Sign up with Best cryptocurrency platform.

Conclusion:

Before you invest in anything, you need a clear understanding of what your investment goals are and how you will achieve them in future. You must have a good idea of how long you are prepared to keep your investment open, and what amount of profit you are happy to take. You should have the same mindset when it comes to cryptocurrency investments

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