Which cryptocurrency to buy 2021? Which cryptocurrency will explode 2021

Cryptocurrencies are digital currencies that have triggered a new kind of gold rush in the digital age.

The prices of cryptocurrencies show that many digital currencies have multiplied in value.

First and foremost are the frontrunners Bitcoin and Ethereum, some of which have been approved as a payment method at Tesla, for example.

In this article, we will look at which cryptocurrency you can still buy in 2021. In this way, we analyse which token could possibly experience a strong increase in value.

After all, not every cryptocurrency is suitable as an investment. Moreover, all coins are generally risky. We also present you with a list of interesting cryptocurrencies.

Cryptocurrencies Willd

Which cryptocurrencies to buy 2021: What to look out for

  •    Which cryptocurrency to buy 2021? - Which cryptocurrency will explode 2021What are cryptocurrencies? Cryptocurrencies are digital tokens based on blockchain technology. Here, the middleman is bypassed in a payment transaction. There is no government or central bank behind cryptocurrencies. It is merely a kind of worldwide register.
  •     Are extreme returns still possible, or has the train already sailed? Extreme returns are always possible with cryptocurrencies. However, traders should not forget that there are countless cryptocurrencies. Not only Bitcoin and Ethereum have increased in value, there are numerous digital coins that are not yet very well known and could therefore still gain massively in value.
  •     What are the risks that need to be considered when buying cryptocurrencies? In many cases, cryptocurrencies do not yet carry any intrinsic value. Their monetary value merely corresponds to the trust that investors place in a certain digital currency on the stock exchange. This means that the digital coins could lose their entire value if the bubble bursts.
  •     Which cryptocurrency is the best? Over the past two years, bitcoin has emerged as the undefeated winner of all cryptocurrencies. Bitcoin's value has increased more than tenfold. Nevertheless, BTC remained very volatile. But other cryptocurrencies are also successful. For example, Dogecoin, which was actually launched as a joke currency.

Cryptocurrencies list: the most important cryptocurrencies at a glance

In total, there are over 1000 digital currencies with varying price performances over the past years.

The following cryptocurrencies list was primarily created by the confidence of investors, which helped the tokens to achieve proud prices.

However, it is impossible to say which coin is the best. All cryptocurrencies are generally risky and highly volatile, but this can also make for great returns.

Bitcoin

Bitcoin is the best known and the first digital coin to be launched on the market. It is also the most successful.

It is a common currency that is accepted by several companies as a legitimate method of payment.

Some investors who invested in Bitcoin early on are millionaires today. But time and again, statements cause movements of the cryptocurrency rates. Be it the Chinese central bank or Elon Musk.

Deposits are possible

Ethereum

At 27, Vitalik Buterin is a fairly young programmer who has added Ethereum to the cryptocurrencies list.

It is the second most successful cryptocurrency currently traded on the market. It came onto the market in 2015.

Ethereum has the advantage that smart contracts can be placed on the blockchain. Accordingly, the technology can also be understood as a middleman for transfers.

Accordingly, Ether is very popular.

Ethereum

Dogecoin

Dogecoin is the most amazing digital currency currently available. Dogecoin is a fun currency.

The background? A woman in Japan posted a picture of her Shiba Inu dog one day. The dog looked funny in the picture and became a meme.

Later, some programmers used the picture of this dog as the identifier for the currency Dogecoin, which they had created as a joke.

But the currency became successful and has a market capitalisation of over $11 billion. A prominent advocate is Elon Musk, for example.

dogecoin

IOTA

The cryptocurrency IOTA was also created in 2015 and is based on the open source technology of the Tangle network. It is an alternative currency, also known as an altcoin.

The abbreviation IOTA refers to the "Internet of Things". This could gain massive importance in the future and the MIOTA token is supposed to provide the necessary infrastructure.

The currency has developed into a successful cryptocurrency in a very short time and has a market capitalisation of over €4 billion.

IOTA

Which cryptocurrency will explode in 2021? Cryptocurrency price outlook

Many new cryptocurrencies are often presented as the new Bitcoin, as a token that will soon explode and go through the roof. However, there is not much to be made of such promises.

In general, extreme returns are still possible, but investors should still take risks with all coins.

When it comes to cryptocurrency prices with potential, however, the following three cryptocurrencies are likely to be particularly interesting in terms of possible future gains.

1. Buy IOTA (MIOTA)

IOTA
IOTA is not based on blockchain technology, but on the tangle. There are a few factors why our cryptocurrencies list starts with the MIOTA token at this point.

Firstly, there is the speculation about a further cooperation with the car company Volkswagen. The first partnerships could soon bear fruit.

In addition, analysts predict a doubling of the price by 2023. If IOTA is also integrated into Paypal, then profits are almost pre-programmed.

2. Buy Stellar Lumens (XLM)

Stellar Lumens is fundamentally different from IOTA. With this token, transactions are to be simplified on an international basis. The focus here is therefore on currency trading.

The concept of Stellar Lumens, which is based on blockchain technology, is so attractive that the American corporation IBM has agreed to cooperate.

Some analysts expect the XLM price of this coin to multiply in the coming years.

Stellar Lumens (XLM)

3. Buy Ripple (XRP)

ripple
Ripple has similarities with the digital token Stellar Lumens, as it is also an international payment network.

With the help of the coin, transactions can be completed at lower costs and with increased speed, especially between banks.

Santander Bank is very active here. If it establishes the Ripple coin, there could be massive price gains.

This is generally nothing new for investors, but trading activities are heavily burdened primarily by a current court case. This is precisely what creates opportunities for traders.

Should Ripple Labs emerge from the negotiations with success, nothing stands in the way of big profits.

Where to buy cryptocurrencies? Our broker and exchange comparison

To buy cryptocurrencies, you need a broker that supports such purchases or a trading platform that specialises in cryptocurrencies. Here is an overview of the most successful offers with which you can trade cryptocurrencies.


Trade real cryptos and crypto CFDs
Licensed broker with deposit protection
Integrated wallet

Broker fully regulated
Numerous awards
Libertex experience for more than twenty years

User-friendly platform
0% commissions
Deposit from 20€

Many tradable assets
Excellent trading platform
European license

Huge selection of coins
Fair fees
Solid support

Why are cryptocurrencies like Bitcoin and Co. currently exploding?

At the moment, one could get the impression that bitcoin has triggered a new digital cryptocurrency price gold rush. The price of bitcoin alone more than quadrupled in 2020.

In 2021, bitcoin experienced another sharp rise in price. But how could cryptocurrencies like these literally explode? There are several reasons.

Reason 1: Adaptation is on the rise

Many investors have recently rediscovered bitcoin as a means of payment. As a result, the market capitalisation has gone through the roof. This has increased more than tenfold within five years.

This is because the increased need and demand for cryptocurrencies increases their value. This effect has been reinforced by other factors.

Reason 2: Comments from analysts and celebrities

In addition, there are more and more companies, led by Elon Musk and the car company Tesla, that accept cryptocurrencies as a legitimate means of payment.

In fact, in the winter of 2021, he announced that he would allow cryptocurrencies to be used as a means of payment for electric cars. As a result, the value of bitcoin rose dramatically on the stock exchange. Other companies have also taken this step.

Reason 3: Investors are looking for investment alternatives

In addition, the effect was reinforced by the loss of confidence in paper currencies. The debt crisis in Greece, for example, meant that people no longer had access to cash from one day to the next.

In addition, negative interest rates have led many people to look for investment alternatives with high returns.

These are the main reasons for the rapid rise of cryptocurrencies in recent years. Especially the massive demand for cryptocurrency in on the stock market, as well as the tweets of Elon Musk have contributed to this development.

For this reason, cryptocurrencies like Bitcoin and Co. currently seem to be exploding.

Reason 4: Flood of money & fear of inflation

Why are more and more investors asking themselves "which cryptocurrency to buy in 2021"? The Corona crisis caused an enormous flood of money due to global rescue packages.

The fear of many traders is high that inflation will soon rise sharply. Even established investments could be affected. This in turn can benefit alternative assets like the coins in our cryptocurrencies list.

However, cryptocurrencies are sometimes extremely volatile. They gain and lose large portions of their value, sometimes within a few weeks.

Therefore, purchases in cryptocurrencies are sometimes very speculative investments.

Our recommendation: Buy cryptos with eToro

    Incl. wallet
    Buy and sell cryptocurrencies directly in the wallet
    Paypal, credit card and instant bank transfer
    Regulated provider
    Real cryptos or CFD trades

Is there a new cryptocurrency with potential in 2021?

In the previous section, three different cryptocurrencies with increased potential have already been described.

These are the coins of IOTA, Ripple and Stellar Lumens, which all score with various advantages over the established blockchain currencies.

These advantages and the forecasts of various analysts make these three cryptocurrencies an interesting investment option for 2021.

Nevertheless, current crypto movements can also be addressed. The latest NFT developments come to mind. But DeFi coins can also become interesting.

They are tokens from the field of decentralised finance. Uniswap, DAI or YearnFinance come to mind in this context. These coins are indeed new cryptocurrencies with potential.

The most successful cryptocurrencies in recent years - 2020,2019,2018

This section looks at the most successful cryptocurrencies in 2018-2020. Not all years were profitable for all digital coins.

In the future, cryptocurrency prices may behave similarly: rise, crash and even unknown less successful digital tokens could experience a massive increase in value.

First, however, let's take a look at the past.

1. which cryptocurrency to buy in 2020?

In 2020, you clearly should have bought the cryptocurrency Bitcoin. At the beginning of 2020, buying BTC would have been a very good option to quickly increase your capital.

Overall, the largest cryptocurrency rose by more than four times its value. In 2021, bitcoin also made further gains and recorded double the previous year's value in the spring.

However, coins from the second and third tier also made a name for themselves. Polkadot or Cardano come to mind, for example.

2. which cryptocurrency to buy in 2019?

You mean 2019 was an almost boring year for cryptocurrency? Many digital tokens recorded a defining loss.

Given that almost all cryptocurrencies experienced a massive value gain in 2020 and 2021 at the latest, investing in every cryptocurrency imaginable would have been a good decision.

However, apart from the perennial favourite Bitcoin, it was primarily Binance Coin (BNB) that convinced.

which cryptocurrency to buy

3. which cryptocurrency to buy in 2018?

The year 2018 was generally a miserable year in our cryptocurrencies list. Not only stocks and funds have lost value. Cryptocurrencies have also suffered drastic losses in value.

This includes the most successful cryptocurrencies such as Bitcoin, Ethereum, IOTA, Litecoin or Dogecoin.

At the beginning of 2018, many of the cryptocurrencies mentioned had recorded a temporary peak. At that point, it would have been more advisable to sell the currencies all together.

The question "which cryptocurrency to buy" would have backfired in most cases when prices were high at that time.

How to buy cryptocurrencies? Our guide in three steps

To invest in cryptocurrencies, you need to have a wallet or open an account with a broker. Not all of them also grant trading in cryptocurrencies.

Therefore, we recommend the online broker and test winner eToro for trading with digital tokens.

Thus, a direct investment in the most diverse cryptocurrencies is possible here. In this step-by-step guide, we will suggest the exact registration process to you.

1. registration with a broker or crypto exchange

To register with eToro, you must first visit the online broker's website. We have provided you with a link for this purpose.

On the website you will see a button that says "Trade now". Click on it.

Your capital is at risk.

Fortunately, the actual registration process takes no longer than a few minutes. For this, personal data must be disclosed. This includes your trading experience, your risk tolerance and your salary.

2. top up your account

After you have successfully registered, you can now top up your account. There are several options available for this.

You have the option of making a classic bank transfer, or you can use Giropay, PayPal or a credit card.

Now you have almost made it. The account has been opened and the money has been deposited. Now you can buy digital currencies by credit card, Sofortüberweisung or another payment method.

3. buy cryptocurrencies with credit card, instant transfer and more.

Now you can view the prices of the cryptocurrency and make a purchase decision based on that.

You again have several options for buying the digital tokens: You can enter the name or the abbreviation of the currency in the search field, and thus invest directly in the coins.

You also have the option to view and select a list of various cryptocurrencies under the category "Markets", which you will find in the menu.

Alternatively, you also have the option of using the CopyTrader to benefit from the experience of professional traders.

Here, the account copies every trading decision of the experienced traders, whereby certain portfolios can be adopted with the click of a mouse.

What are the fees for buying rising cryptocurrencies?

Comparison of fees when buying cryptocurrencies

In this example, the following basic conditions are assumed for the purchase of the Bitcoin:

    The bitcoin is purchased with a value of €1,000
    The Bitcoin is held for 30 days and then sold.
    The price of the Bitcoin does not change during these 30 days.

The following fees are charged by eToro, Coinbase, Libertex and Plus500:

Provider

etoro

coinbase

Plus500

Libertex

Deposit

free of charge

Feature 1

free of charge

free of charge

Purchase fees

0,75%

1,49%

3,08%

0,41%

Holding fees

free of charge

free of charge

free of charge

free of charge

Sales charges

0,75%

1,49%

3,08%

0,41%

Payment

5 USD

0,15 USD

1,9%

free of charge

Total fees

19,20€

68,24€

92,32€

8,20€

Which cryptocurrency to buy - forecast and risks for the future

The three cryptocurrencies already mentioned, Stellar Lumens, Ripple and IOTA, have unique selling points and could therefore generate increased returns in the future.

Advantages such as cooperations with companies give these coins a small added value, which could possibly become established.

However, these digital tokens are also risky investments. A major risk for all cryptocurrencies concerns the investors.

Pros

  •    List cryptocurrencies could reach crunch point
  •     Demand could continue to rise
  •     Technology advances

Cons

  •    Extreme fluctuations
  •     Regulations could have consequences for prices
  •     Bubble could burst

As already mentioned, these coins are dependent on the trust of investors. As soon as doubts arise, all cryptocurrencies could suffer heavy price losses from which they would not be able to recover.

In this case, the entire cryptocurrencies could burst spectacularly like a single bubble and destroy a great deal of money in a very short time.

Certainly, possible restrictions and regulations by legislators worldwide also hover over the entire industry like a sword of Damocles.

The best cryptocurrencies forum

The best place to buy cryptocurrencies is the online broker eToro. The test winner has many different virtual currencies on offer. There are various reasons that make the platform a true forum.

For one, there is the so-called CopyTrader, which even inexperienced investors can use to profit from the analysis and positions of experienced traders. However, a risk still remains.

As a social trading platform, you will find numerous analyses and comments from the community on the respective asset pages. You can comment here yourself.

Theoretically, you can also discuss "which cryptocurrency to buy2021" here.

In addition, you can use the free demo account to track simulated trades without putting money at risk.

Should you buy cryptocurrencies now or not? Which cryptocurrency is worth buying?

Since cryptocurrencies and their prices are extremely risky investments, every investor should carefully consider whether he or she is willing to take the risk.

It has often been shown that the price of a digital currency can halve within a few weeks. With such a volatile currency, luck is also always involved.

However, there are still some offerings from our cryptocurrencies list that could make price gains due to certain advantages. These currencies include IOTA, Ripple and Stellar Lumens, for one.

Established cryptocurrencies such as Bitcoin or Ethereum could possibly lose importance, as their value has already grown exponentially. However, an opposite development is also conceivable.

You should only buy cryptocurrencies if you understand exactly how the currency works and are aware of the extreme risk you are exposing yourself to.

There is no guarantee of profits. Hardly any cryptocurrency represents added value, which is why most of them are useless.

Which cryptocurrency to buy Conclusion: our analysis and recommendation

Cryptocurrencies are digital currencies that rely on the trust of investors on the stock market. Because of this and other reasons, there has been an extreme rise in the price of certain coins.

Certain digital currencies such as Stellar Lumens, Ripple or IOTA may still have potential for high returns in the foreseeable future due to their individual advantages and their comparatively low price.

For buying cryptocurrencies, we recommend the test winner eToro. On eToro you can invest quickly and easily in many different cryptocurrencies. A wallet is available free of charge for this purpose.

Which cryptocurrency to buy in 2021? You can now answer this question yourself. Accordingly, the following applies: diversify and never use all your available cash for one trade.

Cryptoscene

Our recommendation: Buy cryptos with eToro

    Incl. wallet
    Buy and sell cryptocurrencies directly in the wallet
    Paypal, credit card and instant bank transfer
    Regulated provider
    Real cryptos or CFD trades

FAQ

Which cryptocurrency is worth buying this year?

For buying cryptocurrency, the tokens Stellar Lumens, IOTA, and Ripple, which were described in more detail in this article, may be worthwhile. These are currencies that received excellent forecasts for various reasons. Note, however, that forecasts can also be wrong and these currencies could just as easily crash this year....

What are the safest cryptocurrencies?

In short, there are no safe cryptocurrencies. For the most part, digital currencies carry no intrinsic value. Their price merely corresponds to the trust that investors convert into prices on the market. All cryptocurrencies are generally extremely risky and volatile. Although you can reduce the risk by investing in a cryptocurrency fund, the residual risk remains.

Which cryptocurrency will explode this year?

In our article, we mentioned three different cryptocurrencies that have an advantage over Bitcoin and Ethereum for various reasons. Be it through an increased transaction speed or cooperations with large companies. However, especially with high-risk and volatile investments like cryptocurrencies, it is not possible to predict the exact price trend. So no one can accurately forecast whether these three currencies will actually go through the roof.

Which cryptocurrency has a future?

All cryptocurrencies that offer a certain added value have a future. Although this is not directly offered by any blockchain currency so far, various coins have advantages that could make them an interesting investment option in our view.

Hi, my name is Benzion. I have twelve years of experience in the Forex industry, and I have launched two successful crypto trading services. I have in-depth experience on several blockchain networks like Bitcoin, Etheruem, EOS, Cardano, Hyperledger, ICON, Komado, etc. I also have in-depth knowledge of blockchain techniques, including various consensus mechanisms, DLT, smart contracts, security, and privacy measures. Benzion Friedman