Which Cryptocurrency to buy in 2021: Become a Crypto Millionaire

With the huge success of bitcoin from 0.08 USD in 2008 to 50000 USD in 2021. Everyone wants to try their luck in cryptos to build their future and are looking forward to investing in it but as cryptos are becoming popular, more and more cryptocurrencies are getting listed on global exchanges which make it very difficult to choose which cryptocurrency to buy in 2021, which can give good returns in future or outshine like bitcoin in the global market

Which Cryptocurrency to buy in 2021: Become a Crypto Millionaire

Why investing in bitcoin is not a very good idea in 2021

There is a very a safe option available in the market for you to make wealth with cryptocurrencies which is just to buy bitcoin as it is already very popular and a successful cryptocurrency but the main problem with bitcoin is It might be already at its peak and the second is its price buying a single bitcoin can costs you 50k USD Which is a hell lot of money. You can even buy a house with 50K USD which is a much more safer investment than bitcoin and there is a golden rule in inventing that you should never put all your eggs in the same bucket although you can buy bitcoin in very less quantity even for 5 USD but according to me returns with bitcoin in future might not be that promising as let’s say the price of bitcoin increases to 100k USD and you had invested 5 USD in bitcoin so the value of your bitcoin will increase to 10 USD which is nothing in comparison to the returns what bitcoin had already given So it is better to seek for new cryptos which are not yet very popular but have great potentials Now If not bitcoin which cryptocurrency you should buy in 2021 to become a crypto millionaire

Which cryptocurrency to buy in 2021

Nobody can predict the future so nobody knows which cryptocurrency will explode in the future but we can surely make some assumption on which cryptocurrencies can give you high returns in the future based on their potential so below is the list of top 5 cryptocurrencies that you can add to your portfolio to get good returns in future

Note – The list below is not based on which cryptocurrency is better this list is based on the market popularity of a cryptocurrency along with the predictions made by the top investors

Ethereum (ETH)

Ethereum was created in 2013 as a decentralized blockchain but went live in 2015. Ehererum was basically created for programming smart contracts as it is not just a cryptocurrency but also a programming language. Ether is a digital currency that works on ethereum based platform which was initially priced at 0.43 USD in 2015 but now in 2021 Ether tops the list of top 10 altcoins available in the market and currently, Ether is priced at 1766 USD in the global market

Ether is the second-largest cryptocurrency after bitcoin in terms of market capitalization as it works on ethereum blockchain which is basically used to deploy Dapp’s and smart contracts. Ethereum is considered to be stronger than bitcoin because of its far better technology than bitcoin and many investors believe that Ether will overtake bitcoin in coming years

Ripple (XRP)

Ripple was launched in 2013 as a platform for payments of goods and services with the main aim of making payments and transactions highly secure. It works as a peer-to-peer decentralized platform. Ripple or XRP was launched at a price of 0.0058 USD in 2013 and currently, a ripple coin cost 0.58 USD which means if you have invested 1000 USD in 2013 you could be a millionaire by now but not to worry as ripple has a long way to go

Ripple is ranked at third position among all cryptocurrencies according to the market capitalization and not only that investors believe that ripple has great potential because of its high transaction speed and low transaction fees. Ripple not only allows the transfer of payments through money but also allows all types of cryptocurrency as a mode of payment due to which more and more financial institutes are opting for ripple net platform as their payment network some of them are American Express, Azimo, RIA, Indusland bank, etc. If you wish you can visit their website to know more about ripple net

According to Experts ripple might reach 0.9 USD per coin by the end of 2021 and can reach up to 6 USD per coin by 2025. If we compare bitcoin with ripple bitcoin takes almost 10 minutes per transaction on the other hand ripple takes not more than 5 seconds per transaction

Tron (TRX)

Tron coin was founded in 2017 by Justin Sun. Initially, Tron foundation was a non profit organization and was launched with the main of making the decentralized internet more powerful, fast and easily accessible but suddenly it became very popular among crypto investors because of its potential and strong community. Tron was initially launched at a price 0.0024 USD in 2017 and by 2018 it reached 0.2 USD per coin but after that, because of some issues in the crypto market its price dropped drastically and now it is priced at 0.065 USD and is slowly increasing

So if you want to invest in crypto for long term then Tron can be a very good investment for you as according to experts Tron has a very good foundation and community and will reach 0.5 USD by 2023 or might reach up to 1 USD by 2025. Another reason why Tron is a very good investment is that Tron is the second most popular cryptocurrency after etherium for smart contract because of its very high transaction speed Tron is capable of doing 2000 transaction per second

Litecoin (LTC)

Litecoin was launched in 2011 by a Google engineer as a lite bitcoin which means litecoin is nothing but the lighter version of bitcoin but it suddenly became very popular as litecoin and bitcoin are similar in many ways they both work on the same blockchain platform with a different set of algorithms. Litecoin can be considered as a copy of bitcoin which was inspired by the success of bitcoin in the global market

Litecoin was initially priced at 30 USD in 2011 and suddenly became very popular after bitcoins success as everyone who were not able to buy bitcoin at a cheap price found litecoin as the second opportunity for them to become a millionaire with crypto because of similarities in litecoin and bitcoin due to which it is currently priced at 180 USD per coin and according to experts litecoin can be ranked among the top 5 cryptocurrencies in the word and might reach up to 1500USD per coin by the end of 2025

Cardano (ADA)

Cardano(ADA) also known as “Ethereum of Japan” is another great cryptocurrency to buy in 2021. ADA was launched in 2017 in the global market at a price of 0.02 USD with the main aim of overcoming the existing problems in cryptocurrencies which is low transaction speed and less security after its release it suddenly became very popular and reached almost half a dollar within a month

Currently Cardano(ADA) is ranked at the 5th position among all the cryptocurrencies available in the crypto market on the basis of its market cap and is currently priced at 1.20 dollars per coin and according to experts cardano might reach 10 dollar per coin just by the end of this year so cardano can be a great investment and a must buy crypto to increase portfolio value

Conclusion

All the cryptocurrencies listed above are equally good and an answer to your question which is “Which cryptocurrency to buy in 2021” as all these cryptocurrencies had shown great returns in their past and have a long way to go so you can buy any of these cryptocurrencies according to your investment capital and future needs but keep in mind that price of cryptocurrencies are very volatile the pace with which they go up with the similar pace they come down so invest only that money which is meant for investing or which you are not using. Don’t take loan to invest in cryptos rest is on you. Thank you

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