The best cryptocurrencies in 2021
Currently, in times of the coronavirus pandemic, people are increasingly choosing to invest in cryptocurrencies. Internet banks, especially in the current and previous years, "fell into the background". You are probably wondering why this is happening? Employees, fearing that they will lose their jobs, decide to save their money for the future. The fact is that cryptocurrencies, unlike standard, well-known money, are not subject to inflation.
What is inflation? Services become more expensive and the value of money, unfortunately, is declining. Virtual currency is independent of banks, institutions and even the government. Your transactions are not tracked and cannot be tracked. After reading this, you probably have a question in your head: what cryptocurrencies to invest in 2021? In this guide, we will introduce you to this topic and provide you with a ranking of cryptocurrencies.
Cryptocurrencies - ranking, i.e. the golden five
- Bitcoin (BTC)
It may not surprise you, but bitcoin (BTC) is an absolute pioneer in the field of cryptocurrencies. It is called the king of cryptocurrencies or digital gold for a reason. He was in the first place in 2019, 2020 or even now when it comes to cryptocurrencies 2021. Both individuals and small entrepreneurs, as well as large companies on a global scale invest in bitcoin. And whether it is bitcoin or other cryptocurrencies, it is impossible to clearly determine their value for a given year. It all depends on the day, month and the stock exchange. It so happened that the value of bitcoin one month fell by as much as $ 5,000, up from $ 60,000 a few days earlier. An interesting fact is that bitcoin has hit its record price this year. Exactly, on April 14, 1 bitcoin on the Bitstamp exchange was worth USD 64,895, which is PLN 253,171.62. Specialists dealing with the topic of the best cryptocurrencies predict that in 2030 we will have to pay as much as $ 1 million for bitcoin!
- Ethereum (ETH)
In the second place in cryptocurrency trading for 2021, we can safely place Ethereum. The price of this cryptocurrency is constantly growing, making it one of the most frequently chosen and the best cryptocurrencies. It is popular among Polish and foreign investors. It attracts more and more companies that often abandon other cryptocurrencies in favor of ethereum. This virtual currency is currently at its peak, given the price. It also experienced a sharp decline as a result of the ongoing pandemic. Fortunately, it went up and its price went up again. That's not all. Ethereum is about to be revised, which will likely cost over $ 1,100!
- Stellar (XLM)
The year 2021 is a turning point when it comes to the Stellar cryptocurrency. Its value increased by almost 150% from week to week! So is it one of the best cryptocurrencies of 2021? Yes of course! Perhaps even one of the best for 2022 as well. There are predictions that XLM will be ranked second and even first in the cryptocurrency rankings next year. At the end of 2020, one of the oldest banks in Europe, in cooperation with Bitbond, created a stablecoin. But how does this relate to Stellar? The aforementioned stablecoin will work in the XLM network. Additionally, XLM cryptocurrency transaction costs are low, and the operation itself - fast and efficient. Besides, Stellar is well protected thanks to StellarConsensusProtocol.
- Zcash (ZEC)
The price of Zcash, as well as its predecessor in this cryptocurrency ranking 2021, is constantly increasing. Its mechanism of action is most similar to bitcoin. ZEC places great emphasis on anonymity and security. Before and during the transaction, we have to pass a lot of different verifications. For many people, this is a disadvantage as they consider it a waste of time. And here they are wrong! Thanks to all these safeguards, you will be sure that your savings will not fall into the wrong hands. Therefore, if you have ever experienced an account hack in the past, it is better not to risk again and invest in Zcash.
- Tezos (XTZ)
As Tezos is performing well in 2021, the prognosis for the coming years is also positive. It is a relatively new cryptocurrency - its project was created in 2014 by the Breitman couple. Despite initial criticism and even problems with the law, XTZ is gaining more and more popularity. Currently, Tezos plans to introduce innovations that have been unknown in the field of cryptocurrencies so far. Transactions are relatively quick and the mechanism of their operation is simple. You can do them with just a few clicks. The shock system is also uncomplicated, for which you will not need specialist knowledge or expensive equipment. This is all thanks to the partnership of TezosiCoinbase. For this reason, XTZ is already in the fifth place in the ranking of the best cryptocurrencies this year.
Cryptocurrencies - is it worth it?
If, after reading this article, you already know what cryptocurrencies are and what cryptocurrencies to invest in in 2021, we can move on to the summary. However, remember not to let the virtual currencies completely replace your standard money. Ideally, they should only be an addition. On our website impily.com you can sell or buy cryptocurrencies quickly and most importantly - safely. Nobody can send the purchased digital currencies to an external wallet or exchange. From our Polish cryptocurrency exchange office, you can withdraw your savings at the highest rates. You can also choose how long you keep the money for yourself, and then easily withdraw it later. We have a wide selection of cryptocurrencies, so that every future investor will find something for himself. These lesser-known currencies are also available. If you have any questions, please do not hesitate to contact us via our website. Good luck with your cryptocurrency investments!
Attention! The above article neither in whole nor in part constitutes a "recommendation" within the meaning of the provisions of the Act of July 29, 2005 on trading in financial instruments or the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of April 16, 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission Directives 2003/124 / EC, 2003/125 / EC and 2004/72 / EC and Commission Delegated Regulations (EU) 2017/565 of 25 April 2016 supplementing Directive 2014/65 / EU of the European Parliament and of the Council as regards organizational requirements and operating conditions for investment firms and defined terms for the purposes of this directive. The content contained on the website does not meet the requirements for recommendations within the meaning of the above-mentioned act, incl. do not contain a specific valuation of any financial instrument, do not rely on any valuation method, and do not identify investment risk.