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Here's Cryptocurrency Investment Recommendations For 2021 Part 1

Here's Cryptocurrency Investment Recommendations For 2021 Part 1

By Syachrodi | InfoByte | 24 Feb 2021


Cryptocurrency is currently commonly used to transact digitally over the internet. This digital currency is as valuable as a real-world currency as a means of payment. Even, for now, cryptocurrencies are now becoming a new trend in the world. Well, for those of you who want to start a long-term cryptocurrency investment, here are some interesting cryptocurrency recommendations in 2021 according to some references.

1. Bitcoin (BTC)

Here's Cryptocurrency Investment Recommendations For 2021 Part 1

Surely you've heard of this cryptocurrency, or have you ever had one? This digital currency is still perched at number one as the world's most popular cryptocurrency since its inception. Not only popular, but Bitcoin is also one of the most viable digital currencies to have as a tool for future investments.

Cryptocurrency experts call it the king of cryptocurrencies because of its very high price and always rises from year to year. Please note, the amount of Bitcoin is very limited while the demand is very high. Of course, this is what causes the exchange rate or the price to soar.

Today, the value of Bitcoin investments is soaring. Starting at less than 1$ USD when it first appeared, Bitcoin is now worth tens of thousands of dollars to 1 BTC.

2. Ethereum (ETH)

Here's Cryptocurrency Investment Recommendations For 2021 Part 1
In the second place, the cryptocurrency suitable for investment is Ethereum where ETH has a fairly high level of liquidity. This is due to the trading of this one currency quite a lot in the world. So the disbursement is easier than other digital currencies because the market for cryptocurrency is very much.

The Ethereum exchange rate did decline in 2018, just as Bitcoin experienced a drastic decline. However, Ethereum bounced back in 2020 and was able to occupy second place in CoinMarketCap.

The initial price of Etherium when it first appeared was less than 3$ USD, but now it costs thousands of dollars for 1 coin.

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Syachrodi
Syachrodi

I'm a trader and content writer.


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