Which cryptocurrency should I buy today with $100?
Joseph Cryptocurrencies have performed debatably in 2018, yet are continuing to attract new investors in 2021.
However, most beginners have difficulties finding the best cryptocurrency to invest in 2021. We’ve all been there, so don’t worry! I understand how confusing it is when you first begin looking for new cryptocurrency investments. And that’s why I'm here to help.
So, are you also looking for the next cryptocurrencies to invest in 2021? Do you find yourself wondering “should I be investing in Bitcoin?” or “should I be in investing in Ethereum?”
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Well, wonder no longer! I'm here to answer all your questions. By the end of this guide, you’ll know how to find cryptocurrencies to invest in 2021. Also, if trading is what you're looking to do, some of the top exchanges can help you out, too!
Below, you'll find a few options for the best cryptocurrencies to invest in 2021 and beyond (well, at least for the foreseeable future).
Bitcoin (BTC)
If, somehow, you’ve only heard of one cryptocurrency, it’s probably Bitcoin. It is the biggest cryptocurrency — it currently has a 40% share in the total cryptocurrency market cap! It is the oldest cryptocurrency and it still dominates in the market. So, if Bitcoin continues to increase as it did in 2017, then investing in Bitcoin might be a good idea for 2021.
The price of 1 Bitcoin has gone from around $76 (07.09.13) to as high as $20,000 in December 2017. But then, after Bitcoin reached its highest point in December, the price of Bitcoin dropped to around $6000 in February 2018 and has been fluctuating ever since. It’s crazy!
Ethereum (ETH)
Towards the end of last year, the price of Ethereum was slightly higher than $720, with a total market cap of around $70 billion. At the beginning of 2018, Ethereum climbed and reached its highest price of $1423 on January 4. At this time, the total market cap for Ethereum was $138 billion!
Ethereum grew by about 3000% in the year 2017 and became the second-largest cryptocurrency, placing second behind Bitcoin.
Are you asking yourself, “should I invest in Ethereum?”, “is the price of Ethereum already at its peak?”, or "is Ethereum the best cryptocurrency of 2021?". Well, the truth is, nobody knows! However, the following information should help you decide whether investing in Ethereum is a good option for you.