What type of crypto should I invest in in 2020 and 2021?

Are you planning to buy or invest in cryptocurrencies this year? With more than 400 cryptocurrencies already invented, choosing the best cryptocurrencies to invest in is not an easy thing to do. Fear not, we at Trading Education put a list of the best cryptocurrencies to invest in 2020.

If you have any plans to invest in the crypto market this year, we have good news for you! According to many crypto enthusiasts, 2020 is going to be the best year to invest in cryptocurrencies.

When it comes to deciding what crypto to invest in, the choice can be somewhat overwhelming as there are thousands of crypto coins available in the marketplace.

It’s difficult and time-consuming to do your research and sort the worthy ones from the “unfruitful” ones.

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That’s why we’re here to help you. The following is a list of top 5 cryptocurrencies that are expected to explode in 2020 and make an even bigger impact in the years to come.

Here's a look at the top 5 cryptocurrencies to buy in 2020.

Bitcoin

When talking about the top 5 cryptocurrencies to invest in right now, cryptocurrencies in general, and smart crypto investments, all discussions should start with Bitcoin.

Why is that? Well, it’s because Bitcoin is the most used cryptocurrency to date, often referred to as “the king of cryptocurrencies”.

The main goal of Bitcoin is to become global, peer-to-peer, digital cash, which is detached from any form of regulation and thus fully decentralized.

Other than that, the reason why you should keep Bitcoin on your investment radar is that it has the highest liquidity in the crypto space, which also makes it the best cryptocurrency to buy if you are a beginner.

Ultimately, you will have absolutely no trouble buying or selling Bitcoin.

There will always be someone on the other end ready to match your order. Not just that but Bitcoin is also known to be one of the most stable cryptocurrencies, despite its volatility.

Bitcoin’s influence, demand, and mass adoption are expected to go up in the years to come.

As demand increases, Bitcoin’s price is expected to rise substantially as there will only ever be 21 million coins. Back in January 2020, Nexo co-founder Antoni Trenchev told Bloomberg why he thinks Bitcoin's price could keep increasing to $50,000 in 2020.

Litecoin

One of the main reasons to consider investing in Litecoin this year is its high liquidity and a large market cap. If you want to avoid risks, stay away from coins with smaller market caps and communities, and go with cryptocurrencies like Litecoin.

Why do we think Litecoin will explode this year and in the years to come?

Well, there’s a limited supply of 84 million coins (in comparison to Bitcoin’s 21 million) and a block reward of 25 LTC. This is a high block reward compared to other cryptos.

Also, the average time to mine a block on the LTC blockchain is approximately two minutes, which is also faster than most other cryptos.

This, along with the fact that Litecoin is one of the big four on Coinbase, many experts think that whatever happens in the future, Litecoin will surely remain one of the altcoins that keep standing strong.

Ethereum

You can’t go wrong investing in Ethereum in 2020.

Ethereum was the first major project to introduce smart contracts, allowing developers to launch desktop and mobile decentralized applications (dApps) on the back of blockchain technology and has remained one of the top ten cryptocurrencies in 2020.

Not just that but Ethereum is the second most liquid cryptocurrency, ranking right below Bitcoin. This means that you will have no issues with buying or selling Ethereum.

One more reason to believe that Ethereum will remain a strong investment in the years to come is that it has a loyal team and community. This gives Ethereum a better chance of staying stable and only increasing in value in the long run.

In addition, much more Ether (Ethereum tokens) can exist in comparison to Bitcoin or Litecoin. Ether fuels the dApp ecosystem, meaning that millions of developers and companies will need it to support their smart contracts and launch applications.

BAT - Basic Attention Token

The BAT has been one of the hottest cryptocurrencies throughout 2018, 2019, and 2020.

Basic Attention Token (BAT) is another utility token and is utilized by the Brave Browser. The BAT token is used to tip content creators, as well as virtually anyone you find helpful on the Internet.

You can choose how to tip them for any insightful information or content you receive. This has a lot of potential as the web browser industry is quite enormous.

Not just that but users who watch ads can also get rewarded in BAT. This is an area yet to be explored and potentially could lead to a lot of new opportunities for both the end viewer and the Brave Browser.

The team behind this concept is Brendan Eich who is a co-founder of Mozilla Firefox and helped create JavaScript. With such credentials, you can bet that the future of BAT is bright.

With so many other coins collapsing, BAT remains surprisingly consistent, which is a good sign of a healthy accumulation.

The demand for the coin is expected to grow, which would likely lead to an increase in price valuation for the token.

BNB - Binance Coin

Binance Coin is one of the best cryptocurrencies to buy if you want to diversify your portfolio and already own major coins like BTC or ETH.

The company, Binance, has a solid business history and an experienced team behind its main concept, which is to be a utility token.

The value of Binance Coin comes from how useful it is, along with the level of demand for its utility.

The success of Binance is proof to a lot of investors that they have the skills and resources to make this coin a success.

Binance Coin is also one of the most liquid cryptocurrencies right now, ranked within the top 10 on CoinMarketCap.

Its volume shows consistent growth as well. Despite volatility, the price of a Binance Coin has multiplied x3 earlier this year.

The Binance exchange is also one of the world’s fastest-growing cryptocurrency exchanges. Any transactions on the exchange are done using Binance Coin, making BNB one of the fastest-growing cryptocurrencies this year, in terms of the trading volume.