I continue to recommend cryptocurrencies. And I've been doing it since 2019 now, and we were in full bear run, a very different situation from the current one.
In 2019 I recommended 8 cryptocurrencies in which to invest 800 euros. If you would have followed me, in 2019 those 800 euros would have turned into around 2200, despite the bear market.
In 2020 I recommended 10 cryptocurrencies and let's see what would have happened if you would have followed me. This answer I gave on February 21, 2020, well before the Bitcoin exploit.
Below you will list the trend of the crypto I mentioned, comparing in order, the price of the date on which I wrote the answer, today's price, and the maximum peak.
Tellor February 21 4.5 $ - today 18.74 $ - maximum peak 75 $
Travala February 21 $ 0.11 - today $ 0.88 - maximum peak $ 2
V-ID February 21 0.21 $ - today 0.58 $ - maximum peak 1.20 $
Nexo February 21st $ 0.19 - today $ 0.52 - maximum peak $ 0.75
BAT February 21 0.25 $ - today 0.22 $ - maximum peak 0.40 $
ENJ February 21 $ 0.13 - today $ 0.16 - maximum peak $ 0.25
BTC February 21st $ 9600 - today 33000 - maximum peak 42000
ETH February 21st $ 257 - today $ 1028 - maximum peak 1250
BNB February 21, $ 22 - today $ 37 - maximum peak $ 44
TRON February 21st $ 0.019 - today $ 0.028 - maximum peak $ 0.04
If we had invested in equal amounts on the crypto listed above with the 2200 euros that are the revenue + the initial investment of the first response dated 2019, we would have had about 3000 $ to invest. Which in Euros means that we would have invested about 200 euros in cryptocurrency for the 10 listed above, 200 would have flown for commissions.
What would the result be today?
($ 250) 200 € as of Feb 21 on Tellor = 44 TRB = current value 832 € (+ 632 €)
200 € on Travala = 1818 AVA = 1600 € (+ 1400 €)
200 € on V-ID = 952 VIDT = 552 € (+ 352 €) € 200 on
NEXO = 1052 NEXO = € 547 (+ € 347) € 200 on
BAT = 800 BAT = € 176 (-24 €) 200 € on
ENJ = 1538 ENJ = 246 € (+ 46 €) 200 € on BTC = 0.02
BTC = 666 € (+ 466 €) € 200 on ETH = 0.77 ETH = € 800 (+ € 600)
200 € on BNB = 9.09 BNB = 337 € (+ 137 €)
200 € on Tron = 10500 TRON = 294 € (+ 94 €)
In total we would have earned € 4050, reaching a total profit of € 5250 In two years with an initial investment of € 800, about 550% of ROI. Not to mention that we could have earned a lot more if we had sold close to the peak. This answer is not meant to act as I told you, or I know everything, but only to try to understand that in the world of cryptocurrencies there is enough profit to be made. For figures from 1 to 20-30K, I think they are the best tool to use to grow your capital. Those who claim that all cryptocurrencies are crap simply ignore this world, and ignore how to study a cryptocurrency. In the next few days I will publish my list of Altcoins to keep an eye on (to invest for me) in 2021, but this time it will not be on Quora, but on my Youtube channel which I have recently been trying to get started just to reach a ' wider audience.
This is an answer I made on my Italian Quora Profile.
I think this is aging well!
