10 Best Cryptocurrencies To Invest in for 2021 - page 9.

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Quote from: NeuroticFish on April 16, 2021, 06:19:21 AM

So you mean that it's great to invest (amongst others) in Tether?! Really??!
That's a coin pegged to US dollar.

I believe the article merely included it as a safe Haven for cryptos. Yes, USDT may not turn in ROI like most other cryptos do but we surely can't rule out its importance to the industry. While we may not really call it an investment into USDT, we have to admit we also make use of it to save our assets from time to time during a crash. Sincerely, I'm actually surprised Dogecoin isn't mentioned among the top 10 on the list. Is that writer anti-doge or what? We can't take away the great run Dogecoin has been having since Elon Musk made it a darling.

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Quote from: michellee on April 17, 2021, 12:00:45 AM

Quote from: Vaculin on April 16, 2021, 05:09:37 PM

Quote from: michellee on April 16, 2021, 06:27:11 AM

Except for Tether, I think that list is good to invest for people, but they must research more to find the coin and not just invest without research. I doubt Ripple, but I will use it to trade if Ripple is still good to earn profit. People who work in the Economic field should be aware of that news and find out more about cryptocurrency. Cryptocurrency will reach more new user from many countries and that will make the mass adoption grows.

XRP still good for trading, just buy and sell, you can still make some money but if your plan is to hold for how many years, that is not the best choice of coin.

BTC, ETH, BNB are the best coins that we need to choose considering that our goal is to hold for many years. Holding for 4-5years, that we expect the price will not just it doubled but a triple is possible or even more than that. But still the market now still's at high, this not the best entry time for investment. Maybe we have to wait for a little bit while when the market just has the correction.

Yes, that is what I am trying to do because I still see the potential from XRP to make a profit by buying low and selling high.

For the other coins such as BTC, ETH, BNB is the best coin to hold besides trade because with that potential giving us profit, the price gap for that coins looks good to buy low and sell high. We already have experience holding 4-5 years so I think we can hold for more in the future because we can survive by holding that coins.

So before the coins price increase so high and make us late to buy at a low price, we should analyze and select the coin that we can buy and hold.

My take is also trading xrp by buying low and selling high infact I just sold off my XRP yesterday and took profits and also waiting for a dip. It is indeed a very tradeable coin. BNB has been enjoying a massive pump in recent days that is best bet of coin for hodling because it might likely reach $1K before the end of the year although I will have prefer those coins with smaller values who are in top 20 in coinmarketcap e.g ADA, polkadot, XLM and chainlink

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Quote from: Vaculin on April 16, 2021, 05:09:37 PM

Quote from: michellee on April 16, 2021, 06:27:11 AM

Except for Tether, I think that list is good to invest for people, but they must research more to find the coin and not just invest without research. I doubt Ripple, but I will use it to trade if Ripple is still good to earn profit. People who work in the Economic field should be aware of that news and find out more about cryptocurrency. Cryptocurrency will reach more new user from many countries and that will make the mass adoption grows.

XRP still good for trading, just buy and sell, you can still make some money but if your plan is to hold for how many years, that is not the best choice of coin.

BTC, ETH, BNB are the best coins that we need to choose considering that our goal is to hold for many years. Holding for 4-5years, that we expect the price will not just it doubled but a triple is possible or even more than that. But still the market now still's at high, this not the best entry time for investment. Maybe we have to wait for a little bit while when the market just has the correction.

Yes, that is what I am trying to do because I still see the potential from XRP to make a profit by buying low and selling high.

For the other coins such as BTC, ETH, BNB is the best coin to hold besides trade because with that potential giving us profit, the price gap for that coins looks good to buy low and sell high. We already have experience holding 4-5 years so I think we can hold for more in the future because we can survive by holding that coins.

So before the coins price increase so high and make us late to buy at a low price, we should analyze and select the coin that we can buy and hold.

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Quote from: Swopon on April 16, 2021, 06:14:39 AM

Cryptocurrency can be considered as the digital money. This year can be considered as the bull year that we are seeing ATH in every week almost. So, the best time is going on for crypto. The Yahoo Finance published an article named as like the headline of this topic. I am quoting a part of that article.

Quote

Top 10 Cryptocurrency Investments in 2021
Cryptocurrency Price as of March 29, 2021 Market Cap Bitcoin $57,566.38 $1.075 trillion Ethereum $1,811.82 $209.464 billion Binance Coin $273.38 $42.304 billion Tether $0.99 $40.632 billion Cardano $1.19 $38.188 billion Polkadot $33.74 $31.349 billion Ripple $0.56 $24.598 billion Litecoin $192.88 $13.038 billion Chainlink $28.06 $11.689 billion Stellar $0.41 $9.23 billion

Cryptocurrency is a trillion dollars market now and it is getting bigger day by day. So, if you are still waiting, just look at the market volume.

There are lot of good altcoins now to trade with. The most exiting crypto currency for me is USDT, small transaction fee and profitable when you know how to trade well. You can buy usdt pairs and trade it and be profitable.

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Quote from: Ziskinberg on April 16, 2021, 06:47:08 PM

I assume that 10 years from now, the majority of the people might engage in crypto already. With these instances, we can simply think that the value of cryptocurrencies is definitely high compared to now.

Start to accumulate now, just hold for 10 years and hope it will be fine. Well, that absolutely be fine if we invest only for potential coins as these things will also give us the possible returns but also have to remind us that we invest only for money that we can afford to lose.

Be careful in choosing what particular alts are you going to hold.
Even if they are in the top cryptocurrencies, still you need to know the technology behind it.
Can it sustain its existence 5 or 10 years from now? Will there be continuous development on their platform?
Are their developers respecting their promises to its community such as development plans and roadmap?
Though there are so many questions to consider, but if you want to invest long term, you should be patient in knowing those vital information of the project.

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I assume that 10 years from now, the majority of the people might engage in crypto already. With these instances, we can simply think that the value of cryptocurrencies is definitely high compared to now.

Start to accumulate now, just hold for 10 years and hope it will be fine. Well, that absolutely be fine if we invest only for potential coins as these things will also give us the possible returns but also have to remind us that we invest only for money that we can afford to lose.

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Quote from: Swopon on April 16, 2021, 06:14:39 AM

Cryptocurrency can be considered as the digital money. This year can be considered as the bull year that we are seeing ATH in every week almost. So, the best time is going on for crypto. The Yahoo Finance published an article named as like the headline of this topic. I am quoting a part of that article.

Quote

Top 10 Cryptocurrency Investments in 2021
Cryptocurrency Price as of March 29, 2021 Market Cap Bitcoin $57,566.38 $1.075 trillion Ethereum $1,811.82 $209.464 billion Binance Coin $273.38 $42.304 billion Tether $0.99 $40.632 billion Cardano $1.19 $38.188 billion Polkadot $33.74 $31.349 billion Ripple $0.56 $24.598 billion Litecoin $192.88 $13.038 billion Chainlink $28.06 $11.689 billion Stellar $0.41 $9.23 billion

Cryptocurrency is a trillion dollars market now and it is getting bigger day by day. So, if you are still waiting, just look at the market volume.

Trading is one of the most factor that i noticed that boost cryptocurrency through investment, because from the profit generate from trading is what generate trafficking in crypto market, because from 2012 and 2014 Bitcoin was not popular compare to now, and also trading was not the way it's now, precisely trading is the elements that move Bitcoin and all kind's of cryptocurrency, last years Bitcoin was 10k through out the year without going up, and other altcoins was not going up also but because of trading Bitcoin is increasing couple with all altcoins, so trading causes the increments of cryptocurrency and adoption of crypto, from my understanding.

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Quote from: Stedsm on April 16, 2021, 04:44:48 PM

Quote from: NeuroticFish on April 16, 2021, 06:39:39 AM

And I started with tether because it was the most obvious problem with the list. XRP is, for example, another coin to be very careful with, since it's centralized, the issuer still has a huge stash of coins (premine) and he can manipulate the market heavily.

Exactly, because all this misleads some investors who are new to investing and finding some "good" tokens to invest. XRP had been crazy shit and the worst of them all, Doge pump was unbelievable as well as unwanted too. I believe the day isn't too far when the investors will even start buying coins like TRX, JST, SUN, BTT, etc. thinking that these coins may pump high too following how shitcoins like Doge have performed during this bull-run.

Honestly, I didn't think XRP and Doge could be this good either, lol. If we see that XRP still has a bit of a problem with the SEC (although I don't know if this issue is still relevant or not for now), and it's easy to doge Pump just because of a tweet from someone, Elon Musk is a great guy, but makes a doge pump with tweets making it weird in my opinion

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Quote from: michellee on April 16, 2021, 06:27:11 AM

Except for Tether, I think that list is good to invest for people, but they must research more to find the coin and not just invest without research. I doubt Ripple, but I will use it to trade if Ripple is still good to earn profit. People who work in the Economic field should be aware of that news and find out more about cryptocurrency. Cryptocurrency will reach more new user from many countries and that will make the mass adoption grows.

XRP still good for trading, just buy and sell, you can still make some money but if your plan is to hold for how many years, that is not the best choice of coin.

BTC, ETH, BNB are the best coins that we need to choose considering that our goal is to hold for many years. Holding for 4-5years, that we expect the price will not just it doubled but a triple is possible or even more than that. But still the market now still's at high, this not the best entry time for investment. Maybe we have to wait for a little bit while when the market just has the correction.

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Quote from: NeuroticFish on April 16, 2021, 06:39:39 AM

And I started with tether because it was the most obvious problem with the list. XRP is, for example, another coin to be very careful with, since it's centralized, the issuer still has a huge stash of coins (premine) and he can manipulate the market heavily.

Exactly, because all this misleads some investors who are new to investing and finding some "good" tokens to invest. XRP had been crazy shit and the worst of them all, Doge pump was unbelievable as well as unwanted too. I believe the day isn't too far when the investors will even start buying coins like TRX, JST, SUN, BTT, etc. thinking that these coins may pump high too following how shitcoins like Doge have performed during this bull-run.

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From the little experience am having there are lots of coin which you can buy but I won't advise anybody to just buy coin without proper research you don't just have to buy coin just because you heard about the coin from anybody always make sure you do your research first before buying the coin because the people giving you the coin are just like you. The first coin I will advise you to buy which you won't regret after buying is bitcoin because the price is still very low to enter and in the next few months bitcoin will be bullish, follow by Ethereum then BNB.

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So still the advice that many recommend is in the top 10 of the Coinmarketcap ranking, with a large market cap indicating that many investors are there, of course in this article they will suggest potential ones compared to others who are still full of scam risks.
That is the best investment aspect, but we still will not choose from all of these because there are many other coins that are more profitable other examples, so much to invest as well as long as we know where to buy at the right price and when that is our profit can judge that all the coins we can use in the short term are safer from risk.

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Those coins that they've listed are under the top 15 coins. And like the usual advise that one can tell to a person that asks for an advise which crypto to invest with their money, we're saying that they should invest to the top coins. With this article that yahoo finance has made, they're just doing the same and doesn't have difference at all with what most of the advisers are saying. But they should also educate their readers that Tether isn't an investment but a stable coin.

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I would say that it is not easy to pick the best 10 coins to invest. This is not the same as picking the top 10 coins, that is a different thing, top 10 in the rankings are the ones that are at the highest levels and with biggest marketcap, but there could be some coin with 1 million dollar marketcap and go to 20 million dollars making 20x while not being even in the top 100 coins, that would be the best one to buy if you know if you should buy it or not. This is why I think it is quite important to realize that we are doing something risky here by picking low level ones.

I personally have about 7 coins that are top 20 and that is what I am fine with, they are really good coins, I have made a good return on them, and that is why I am quite happy with them (I could have kept just btc and would make better profit though) but I do have one coin that is not even in top 100, sometimes you gotta risk a small tiny amount for those things.

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Quote from: Swopon on April 16, 2021, 06:14:39 AM

Cryptocurrency can be considered as the digital money. This year can be considered as the bull year that we are seeing ATH in every week almost. So, the best time is going on for crypto. The Yahoo Finance published an article named as like the headline of this topic. I am quoting a part of that article.

Quote

Top 10 Cryptocurrency Investments in 2021
Cryptocurrency Price as of March 29, 2021 Market Cap Bitcoin $57,566.38 $1.075 trillion Ethereum $1,811.82 $209.464 billion Binance Coin $273.38 $42.304 billion Tether $0.99 $40.632 billion Cardano $1.19 $38.188 billion Polkadot $33.74 $31.349 billion Ripple $0.56 $24.598 billion Litecoin $192.88 $13.038 billion Chainlink $28.06 $11.689 billion Stellar $0.41 $9.23 billion

Cryptocurrency is a trillion dollars market now and it is getting bigger day by day. So, if you are still waiting, just look at the market volume.

That journalists only put those list from the top 10 of coinmarketcap 'lol'...
ok I agree with the other coins but why is Tether also included in the list, Tether is a stable coin, how is it possible to make a profit. that journalist have to study the crypto market deeply first, then be able to write an article alluding to crypto .

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Quote from: Swopon on April 16, 2021, 06:26:42 AM

Here, the journalist showed the top 10 Cryptocurrency according to the market volume. You may see it on Coinmarketcap though. Maybe the journalist wants to show the market, not trying to convince people to invest in Tether. Why you are investing in Tether? In my opinion, those people who will invest by seeing that article, they are not blind. They will spend sometime for doing their own research too.

The fact that we don't even see the list of "10 Best Cryptocurrencies To Invest in for 2021" in your topic aside; if it's a journalist(that's not you) who wrote that, then you might want to properly cite your sources.

https://finance.yahoo.com/news/10-best-cryptocurrencies-invest-2021-143026001.html

And yea, Tether is actually on the list..

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Quote from: Swopon on April 16, 2021, 06:26:42 AM

Here, the journalist showed the top 10 Cryptocurrency according to the market volume. You may see it on Coinmarketcap though. Maybe the journalist wants to show the market, not trying to convince people to invest in Tether. Why you are investing in Tether? In my opinion, those people who will invest by seeing that article, they are not blind. They will spend sometime for doing their own research too.

Keep in mind that not everybody reading and trying to invest understand what's all about. Some are "blind" and clearly don't research enough. (example: Is Tether a good investment)
Hence we, here should be careful to avoid misunderstandings and spreading misleading informatio, since I don't have such expectations from the journalists.

And I started with tether because it was the most obvious problem with the list. XRP is, for example, another coin to be very careful with, since it's centralized, the issuer still has a huge stash of coins (premine) and he can manipulate the market heavily.

All in all, I see the investment advice a bit too generic and a bit weak. Sorry...

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Except for Tether, I think that list is good to invest for people, but they must research more to find the coin and not just invest without research. I doubt Ripple, but I will use it to trade if Ripple is still good to earn profit. People who work in the Economic field should be aware of that news and find out more about cryptocurrency. Cryptocurrency will reach more new user from many countries and that will make the mass adoption grows.

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Quote from: NeuroticFish on April 16, 2021, 06:19:21 AM

Quote from: Swopon on April 16, 2021, 06:14:39 AM

Cryptocurrency can be considered as the digital money. This year can be considered as the bull year that we are seeing ATH in every week almost. So, the best time is going on for crypto. The Yahoo Finance published an article named as like the headline of this topic. I am quoting a part of that article.

Quote

Top 10 Cryptocurrency Investments in 2021
Cryptocurrency Price as of March 29, 2021 Market Cap Bitcoin $57,566.38 $1.075 trillion Ethereum $1,811.82 $209.464 billion Binance Coin $273.38 $42.304 billion Tether $0.99 $40.632 billion Cardano $1.19 $38.188 billion Polkadot $33.74 $31.349 billion Ripple $0.56 $24.598 billion Litecoin $192.88 $13.038 billion Chainlink $28.06 $11.689 billion Stellar $0.41 $9.23 billion

Cryptocurrency is a trillion dollars market now and it is getting bigger day by day. So, if you are still waiting, just look at the market volume.

So you mean that it's great to invest (amongst others) in Tether?! Really??!
That's a coin pegged to US dollar.
If you put 1$ into Tether, you'll end up after 1 year, or 10, get back 1$ if you're lucky (there were days when Tether was not even the 1$, like 0.98$)
I guess that either you, either the Yahoo journalist misunderstood something or didn't pay enough attention.

Here, the journalist showed the top 10 Cryptocurrency according to the market volume. You may see it on Coinmarketcap though. Maybe the journalist wants to show the market, not trying to convince people to invest in Tether. Why you are investing in Tether? In my opinion, those people who will invest by seeing that article, they are not blind. They will spend sometime for doing their own research too.

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Quote from: Swopon on April 16, 2021, 06:14:39 AM

Cryptocurrency can be considered as the digital money. This year can be considered as the bull year that we are seeing ATH in every week almost. So, the best time is going on for crypto. The Yahoo Finance published an article named as like the headline of this topic. I am quoting a part of that article.

Quote

Top 10 Cryptocurrency Investments in 2021
Cryptocurrency Price as of March 29, 2021 Market Cap Bitcoin $57,566.38 $1.075 trillion Ethereum $1,811.82 $209.464 billion Binance Coin $273.38 $42.304 billion Tether $0.99 $40.632 billion Cardano $1.19 $38.188 billion Polkadot $33.74 $31.349 billion Ripple $0.56 $24.598 billion Litecoin $192.88 $13.038 billion Chainlink $28.06 $11.689 billion Stellar $0.41 $9.23 billion

Cryptocurrency is a trillion dollars market now and it is getting bigger day by day. So, if you are still waiting, just look at the market volume.

So you mean that it's great to invest (amongst others) in Tether?! Really??!
That's a coin pegged to US dollar.
If you put 1$ into Tether, you'll end up after 1 year, or 10, get back 1$ if you're lucky (there were days when Tether was not even the 1$, like 0.98$)
I guess that either you, either the Yahoo journalist misunderstood something or didn't pay enough attention.

Topic: 10 Best Cryptocurrencies To Invest in for 2021 - page 9. (Read 2082 times)