Saturday, May 22, 2021

Best Crypto Investment

Who hasn’t heard of cryptocurrencies right now? Given the popularity of bitcoin, cryptocurrency is gaining momentum. And it’s no secret that if you successfully invest your finances in cryptocurrency, it can serve as a great way to earn money. After all, at the moment, cryptocurrency is an excellent asset. And it outperformed investment in gold in terms of its performance. And today, we will determine in which cryptocurrency specifically it is worth investing your finances in 2021.

The growing popularity of cryptocurrencies in 2021 makes more and more users think about buying them. Also, the value of digital assets has already grown significantly over the past year.

It is noted that in February, the number of search queries about buying cryptocurrency in the Google search engine increased the maximum. Interest in digital money is now 35% higher than it was during the cryptocurrency boom of 2017. This is happening because of a sharp increase in the prices of digital assets. Also, bitcoin is increasing its all-time highs almost daily. For example, on the night of February 12, its price was approaching $49000, and since the beginning of the year, the growth has exceeded 70%.

2020 was one of the best years in the history of the crypto market. In addition to the update of bitcoin’s historical maximum value near $29000 and the massive arrival of institutional investors to the market, there were other important events. For example, the long-awaited launch of the zero phase of Ethereum 2.0 or the addition of four cryptocurrencies to PayPal at once. In addition to BTC and ETH, the payment system’s customers can now buy, sell and store Litecoin and Bitcoin Cash.

Bitcoin (BTC)

This token occupies the first position on our list. And there is a major reason for this. After all, bitcoin was recognized by the United States, as well as various major countries. At the moment, bitcoin is officially a payment system. There are also several other important factors. The token is listed on all cryptocurrency exchanges. Also, Bitcoin performs all calculations on international trading platforms. There are also external factors. Such as inflation and an unstable economy. This is what encourages large investors and large-scale companies, and banks to invest their finances in bitcoin.

The first cryptocurrency has several more epithets with the word “most” — it is the most expensive, capitalized, well-known, and in demand. Despite several shortcomings that are absent in newer cryptocurrencies, bitcoin continues to be a promising investment. This is evidenced by the interest of institutional investors and support from large companies and media personalities (for example, Elon Musk recently noted on Twitter that he agrees to accept payment in bitcoins).

Ethereum (ETH)

Over the past two years, this token has grown by as much as 1,000 percent. And if you believe the words of experts, then its growth will continue in 2021. This currency is up-and-coming all over the world. And this is not even surprising. After all, behind the creation of Ethereum is a whole team of professionals who are constantly upgrading the platform. There is even an opinion that this particular currency is not inferior to its popular competitor, bitcoin. And here are some reasons why you should invest your finances in Ether. Support for popular Uniswap (UNI), Maker (MKR), and Aave (AAVE) projects. And the total amount of investment at the time of 2020 in DeFi is $ 13 billion. It is these factors that have affected the growth of the Company.

Of course, our list cannot do without Ethereum. And there is a logical explanation for this: the development team has finally started working on the transition to Ethereum 2.0, which attracts large investments in this project and increases user interest in ETH. As a result, the price increases. And, apparently, it will continue to grow in 2021.

Ripple (XRP)

This cryptocurrency is a Chinese development. You can make long-term investments in this cryptocurrency thanks to the DLT parent protocol, which can easily become a replacement for SWIFT in the future. After all, it implements crucial tasks. Such as speed, security, transparency, and, most importantly, cost. Ripple has bright prospects in the cryptocurrency market.

Chainlink (LINK)

The most well-known and popular decentralized network of oracles is attracting more and more attention from large companies and projects. More than three hundred partners have already implemented it. As a result, this increases the value of the LINK coin. The more the ecosystem develops, the more valuable the asset will be. This is why many investors today view LINK as a long-term or medium-term investment.

Cardano (ADA)

The project positions itself as a manufacturer of tools that can transfer control over global systems from corporations to individuals whose talent allows them to create something new and useful. Cardano is a very ambitious idea. Although this cryptocurrency has been around for several years, it has significantly increased its influence in recent months and attracted the attention of investors who share the same values.

Polkadot (DOT)

The protocol allows you to transfer various kinds of information between blockchains, ensuring the compatibility of chains using the sharding mechanism. Thus, more functional

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