Crypto Predictions for 2021: Where to Invest

 Cryptocurrencies have been on the market for several years now, and they have undoubtedly established themselves as one of the most profitable investment opportunities, outpacing dividends and traditional commodities like oil and gold.

If you are thinking where to invest in 2021, coins may be your best and more profitable option. In fact, there are over 500 different types of cryptocurrencies on the market and it can be difficult for newbies to make decisions.

Bitcoin has been one of the most talked about options. However, this is definitely not the only good thing. According to recent XRP price predictions, the cryptocurrency is becoming more popular with investors, gaining new positions and delivering excellent results. Other options include Litecoin, BAT, and Ethereum. Do you want to know more? Luckily, we've prepared some tips for you. Take a look at these top cryptocurrencies to invest in next year and start 2021 on the right track.

1. Ripple (XPR)

Ripple is known for its own currency XRP, followed by an innovative digital payment platform that is widely used on RippleNet. The main advantages of this currency include a surprisingly low exchange rate and instant confirmation of your transfers thanks to verification bypassing the central bank. In addition, Ripple uses its services to collaborate with banks and other financial institutions, which, in turn, increases its reliability and supports favorable expectations of price increases.

The best time to buy Ripple is now that the price is still very low and affordable, especially when compared to other coins available on the market today: $ 0.637 as of 11/28/2020. Considering buying low and selling high, the decision is completely transparent.

2. NOW icon (now)

ChangeNOW, one of the best and easiest cryptocurrency exchange services on the market, has its own NOW code, which can be useful to both novices and professionals in the cryptocurrency field.

NOW is a standard ERC-20 token and a Binance BEP-2 chain token. It is the first proprietary digital asset that ChangeNOW introduced as an accepted local currency in the NOW product system. Moreover, this token can also be used as a betting tool; This is a unique choice for all investors looking for a way to make more profit in 2021.

3. Ethereum (ETH)

Ethereum is the second most popular cryptocurrency after Bitcoin with an incredibly high market value. In recent months, its price has increased, and as of 11/28/2020 its price is $ 579. The success of the Ethereum 2.0 upgrade, along with decentralized funding, could be one of the main reasons for this growth.

Advantages of ETH: it is the second most liquid cryptocurrency in the world, it supports smart contracts and allows the creation of decentralized mobile applications, dApps.

4. Litecoin (LTC)

Litecoin is called the Silver Cryptocurrency and it is an established platform with a large following. The cost of Litecoin as of 11/28/2020 is $ 68. An interesting option to consider considering the excellent results this year has shown. In October 2020, this currency was one of the largest cryptocurrencies. Already in November of the same year, her position improved and she became the eighth largest. A very cool result in such a short time.

Among the advantages of Litecoin is that it has a much higher return on investment compared to other competitors and is incredibly fast. The average block mining time is only 2 minutes.

5. Basic Attention Token (BAT)

Having peaked in popularity in 2018, the Basic Attention Token still has a lot of great things to offer in 2021. BAT is the currency preferred by content authors, web developers, PR, marketers, and some IT professionals. Developed by one of the founders of Mozilla Firefox, this cryptocurrency is highly respected in domestic circles and continues to grow steadily every year.

Fun Fact: Commonly used with Brave Browser, you can also get BAT rewards for watching privacy-preserving ads. Advertisers pay a minimum of $ 2,500 per month to present their products to the Brave community.

6. Bitcoin (BTC)

Who hasn't heard of Bitcoin? It is not only the first cryptocurrency available on the market, but also one of the most expensive and diversified currencies since then. Among the main advantages of using bitcoins are: user independence, peer-to-peer orientation and cryptography - secure transactions, no bank fees, low international transfer fees and affordability.

Called "the gold of cryptocurrencies," it suffered from a severe crisis in March when it fell to a new $ 4,000 per coin level due to the spread of Covid-19. However, its quick recovery is not in doubt as it is now selling for up to $ 16,000 on market cap.