As an avid investor in the world of crypto, I've been fortunate enough to make some significant gains since early 2020. It's been a wild ride, with plenty of ups and downs along the way, but I've managed to come out on top with some of my best crypto investments to date. In this article, I'll be sharing my top 5 cryptos that have yielded the best returns for me over the past years.
Bitcoin (BTC)
It's hard to ignore the undeniable appeal of Bitcoin. As the first and most well-known cryptocurrency, BTC has long been a favorite among investors looking to get in on the ground floor of a potentially transformative technology. Since March 2020, the price of Bitcoin has soared from around $5,000 to over $60,000 at its peak, representing a staggering gain of over 1,100%. While the price has since retreated somewhat, I still firmly believe that Bitcoin has plenty of room for growth in the years to come.
Ethereum (ETH)
As the second-largest cryptocurrency by market cap, Ethereum has also enjoyed some impressive gains over the past year. In March 2020, ETH was trading at around $120 per token. Today, it's valued at nearly $1,900, representing a gain of almost 1,500%. With the rise of decentralized finance (DeFi) applications and non-fungible tokens (NFTs), Ethereum's blockchain has become a major part of the cryptocurrency ecosystem.
Synthetix (SNX)
Synthetix is a relatively new entrant into the cryptocurrency market, but it's quickly gaining popularity among investors looking to diversify their portfolios. As a decentralized finance (DeFi) platform, Synthetix allows users to trade synthetic assets that track the value of real-world assets like stocks and commodities. Since early 2020, the price of SNX has risen from around $0.20 to over $25 at its peak, representing a gain of over 12,000%. While the price has since pulled back, I'm excited to see where this promising project goes in the future.
Chainlink (LINK)
Chainlink is another blockchain project that's gaining traction among investors looking to get in on the DeFi boom. As a decentralized oracle network, Chainlink allows smart contracts to access off-chain data in a secure and reliable manner. Since March 2020, the price of LINK has risen from around $2 to over $50 at its peak, representing a gain of over 2,400%. With more and more DeFi projects relying on Chainlink's infrastructure, I believe this project has still a bright future ahead.
Uniswap (UNI)
Uniswap is a decentralized exchange (DEX) that's become incredibly popular among investors looking to trade cryptocurrencies without the need for a centralized intermediary. Since March 2020, the price of UNI has risen from around $1 to over $40 at its peak, representing a gain of over 3,900%. With more and more traders moving from centralized exchanges to decentralized ones, I believe this project has the potential to disrupt the traditional financial industry.
As these cryptos had pulled back since their All-Time Highs, I partially swapped them for USDC in 2021 before buying them again in 2022. I now HODL them again since I believe in their potential, along with newer projects like GMX.io (GMX) and Arbitrum (ARB).
Disclaimer: this article does not contain any financial advice. The information is provided for general informational and educational purposes only.
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