When you decide to buy cryptocurrencies, you should thoroughly analyze the project without succumbing to emotions. What to buy cryptocurrencies in 2021? Here you will find a list of the most promising cryptocurrencies in my opinion.
Which Cryptocurrency to buy at the beginning?
We suggest that a part of your crypto portfolio (e.g. 40-50%) be allocated to the most popular cryptocurrencies that dominate at the moment. Based on them, we can easily buy other, less known digital currencies, and the risk of a total decline in value seems to be much lower than in the case of new projects.
Such cryptocurrencies are:
- Bitcoin - BTC
- Ethereum - ETH
Bitcoin is currently the most popular cryptocurrency in the world, a precursor to the blockchain world. While BTC might not seem like the best solution, it turns out that the technology itself is light years behind other fresh cryptocurrencies. Bitcoin is a symbol of the entire industry and has penetrated into the consciousness of the masses, so you must have it.
Ethereum, in turn, is following its older brother. Admittedly, the valuation of ETH is at a much lower level, while many analysts indicate that the potential for growth is much higher. It should be remembered that in the world of technology it is really rare for a precursor to stay on the TOP, effectively displacing more agile competition over a period of 10-20 years. Especially in today's globalized world, it seems difficult. Often, a company that enters with an innovative solution loses to others who are able to improve it and learn from other people's mistakes. This was the case with the MySpace social network, replaced by Facebook, or with NOKIA and APPLE. Such a turn of events draws a bright future for ETH, especially since most of the newly emerging projects are based on the technology used in Ethereum. Will this scenario work? Nobody knows this, but we believe that it is worth including Ethereum in your portfolio.
What Cryptocurrencies Apart from Bitcoin and Ethereum to Buy?
You can invest the remainder of the capital from less known cryptocurrencies, and there is a lot to choose from. Greater portfolio diversification will protect you to a greater extent against the problems of individual projects. You must know, however, that the cryptocurrency market is so small and immature that the Bitcoin crash usually pulls all projects down. Okay, but which projects are worth looking at? Below, we have selected for you a list of cryptocurrencies that may potentially become popular in the future. We made the typing based on:
- practical use of the project
- the involvement of creators at subsequent stages of development
- update frequency, good communication with followers
- activity in social media, marketing and online visibility
List of Cryptocurrencies with Potential in 2021
Binance Coin
Cardano
Polkadot
Uniswap
AAVE
Cosmos
Terra
IOTA
Reef Finance
Chainlink
