Top 5 Cryptocurrencies to Invest in 2021
Coin investments gained momentum after countries’ search for cryptocurrencies with digital mining and some economic organizations, shopping sites and similar elements recognized crypto currencies and allowed transactions with crypto money.
While many investors turned to cryptocurrencies at the end of 2020, it was observed that even people who save were accumulating cryptocurrencies with small fees.
However, since the coin world and cryptocurrencies are a market that requires attention for investment, most people sometimes do not know which cryptocurrencies to make their long or short term investments due to ignorance.
Since the crypto money world is not fixed to the dollar and is fixed to a separate algorithm, it is important to carry out data analysis carefully and direct investments correctly.
At the end of 2020, 5 cryptocurrencies signaled that they are a good investment tool for 2021. These; We can sort it as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP) and Tether (USDT).
Although Bitcoin is the most widely known cryptocurrency, after its ups and downs, it stabilized in 2019 and became the most promising cryptocurrency. Bitcoin, which exceeded $ 7,000 after a serious decline in the first 3 months of 2020, made its investors smile in general. It is predicted that Bitcoin will be a suitable crypto currency for investment in 2021.
Ethereum was the most prominent crypto currency after Bitcoin in 2020. Some key analysts even claim that ETH can catch Bitcoin in the long run. Although this claim does not seem likely to come true in the near term, it can also be considered as an indicator of the rise of Ethereum and the investor’s face.
Other 3 altcoins; Litecoin, Ripple and Tether can be considered as promising cryptocurrencies. These units, which are cheaper than BTC and ETH, are seen as cryptocurrencies that are far below the market potential. So it may be considered wise to invest in these altcoins as well.
If you are new to the cryptocurrency world and you are going to make a cryptocurrency transaction for the first time, you must first do a digital research. You need to know and know cryptocurrency transactions, terms and coins.