What are the news that may involve the crypto world in the next year, namely 2021? Here is everything you need to know about it. Knowing this information will make it easy to prepare for the next few months.
What will the price of bitcoins be in the next 12 months?
First, you need to know something about the price of bitcoin, the main cryptocurrency in the world. By being able to understand the likely trend of its value in the coming months, it will be possible to have a complete look at the entire world of cryptocurrencies.
Well, for the leading experts in the sector the forecasts are optimistic. It is even thought that the value of Bitcoin should rise to around $ 100,000 in the year 2021. This maximum peak should be reached in just over a year, that is, close to Christmas 2021.
This prediction is not made by chance, but was released by virtue of the halving of rewards for miners. This event, which took place in March 2020, raised Bitcoin prices which could remain on a growing trend throughout the year 2021.
Are these assessments realistic?
Anyone who thinks this is the perfect time to invest in Bitcoin should be urged to take your time. Of course, these forecasts were made following a stock-to-flow model that in theory works very well and is applied to elements such as gold or silver.
However, as mentioned above, these are far too optimistic forecasts. Hoping for such a high value for bitcoins in such a short time could be really risky. However, this does not mean that it is wrong to bet on bitcoins.
In fact, it is very likely that there will be a rise in these cryptocurrencies but we must not get caught up in euphoria. Like any investment, even in the case of bitcoins it is good to evaluate the expense, trying to carefully analyze which purchase to make. Only in this way will it be possible to carry out optimal operations that can give benefits from multiple points of view.
Will cryptocurrencies become more and more popular in 2021?
From the point of view of value, therefore, an increase is hoped for cryptocurrencies. But will the latter become even more popular? Well, even in this case it seems so. For several years the world has been pushing more and more for cash reduction.
Not surprisingly, the limits for payments that can be made with real banknotes have also been lowered at the fiscal level. The COVID-19 issue also needs to be considered. Banknotes have often been pointed to as a vehicle for transmitting viruses and bacteria and for this reason it could also be decided to reduce them to a minimum. It is not a mystery therefore, if the physical currency gives way to the virtual one.
At the same time, more and more sites and platforms are accepting cryptocurrencies. Some online banks are already moving in this direction and even portals like Paypal have opened their doors to cryptocurrencies.
In the future, therefore, the world will be increasingly digital and physical and online purchases will be possible using only cryptocurrencies. This is not just a theory, but given how things are moving from the economic point of view in this historical period, it is an indisputable and indisputable certainty and it must be acknowledged.
How does Ethereum respond?
Ethereum, for its part, has decided to carry out a new innovation. In fact, it seems that Ethereum 2.0 will be launched in 2021, a new network that will allow users to enjoy numerous benefits.
New advantages are expected at the level of smart contracts, with implementations in the decentralized Ethereum platform that will allow users to always keep an eye on the trend of the virtual currency and any transactions to be made.
Ultimately, therefore, 2021 seems to be the perfect year to focus on cryptocurrencies, waiting for them to blossom definitively and from a hypothetical future to become a solid present reality.
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