Top 5 Crypto Currency To Invest In For 2021
We’re gonna be going over the top five cryptocurrencies to invest in right now, so unlike the disadvantages of the stock market, where we’ve experienced some extreme volatility through exaggerated responses of a highly sensitive market, the cryptocurrency scene has been relatively stable in the past few months with much more room to grow the beauty and fun of being a retail investor is having the freedom to choose what you want to invest in as well as all the benefits that cryptocurrency brings in addition to that cryptocurrency is very liquid and no we’re not talking about that type of liquid liquid as in cryptocurrencies operate 24 hours a day seven days a week meaning you can buy sell or trade your assets at any time if you invested a hundred dollars today and you needed it tomorrow for whatever reason you could get it out almost instantly, there are a number of different assets that many people tend to invest in including physical commodities precious metals or even the stock market which operates.
Monday through friday 9 30 a.m to 4 p.m and all of these investments don’t come close to the liquidity of what cryptocurrency offers in addition to that cryptocurrencies have an extremely low minimum investment barrier this means anyone could get started today as long as they sign up for a platform and have some cash to invest you don’t need thousands of dollars to start investing you could literally get started with 20 bucks today that is the power of cryptocurrency that is the benefit it doesn’t discriminate on anyone by age race demographic or where you are in the world except possibly india india has actually tried to ban bitcoin they are trying to go ahead through it i don’t think it’s officially done yet but for the most part if you’re watching this video in the states or other countries around the world chances are you are able to invest into crypto let’s talk about the five investments that you need to know getting started today so before we jump right into it here’s a quick message from today’s video sponsor which frankly i i’m lowkey pretty honored that they chose to partner up with us so here’s the message so i’ve personally been using crypto.com since i was still going to community college.
So why is bitcoin essential to every investor’s portfolio is it not overrated is it not too late here are three reasons why this is still number one right now bitcoin has a market cap of over one trillion dollars and is still ranked the number one most popular coin among the entire crypto network if i had to choose one crypto to invest in for the rest of my life it would still be bitcoin you cannot go wrong by choosing the modern day digital gold known for its key characteristics of being an instrument of power and its fight against inflation or storing one’s wealth without the risk of seizure.
So just in this year alone bitcoin has gone up over 850 percent with many experts still claiming that we are in the much early stages hashtag laser eyes you don’t need to have your whole life savings into one asset but i highly recommend you to have at least a little bit into bitcoin and you could simply just forget about it and watch that money grow.
is classified as the top number two dog so if bitcoin is the alpha ethereum is considered the beta so arguably many people actually believe that ethereum has a much higher possibility of going to the moon than bitcoin does in its current state and this is because unlike bitcoin ethereum actually has a much more different goal so the easiest way to compare this is by thinking that bitcoin is the digital gold and ethereum is like electricity without diving too deep into the fundamentals just know that ethereum’s platform has the infrastructure to revolutionize finance and technology through its open source computing platform and operating system.
the reason why investors argue ethereum has a higher chance of giving more profitable returns is because the endless amount of use case scenarios that this crypto has look in simple terms you can only do so much with bitcoin while ethereum lays out the canvas and the paintbrush for people like us to build and create some amazing technology currently at the time of this recording ethereum is at around sixteen hundred dollars and in the past year they gained over twelve hundred percent in returns keep in mind you don’t need to buy one whole ethereum or one whole bitcoin you can buy fractions and still reap all of the percentage gains.