Trust in BTC analysts outline the most perpective altcoins for 2021
Bitcoin’s growth is perhaps the main topic of recent days, even despite the ongoing COVID-19 pandemic. The main crypto asset pulled the most popular altcoins, some of which have a potential comparable to that of digital gold. Expert analysts of the Trust in BTC fund (https://www.trust-in-btc.com) advise not to limit ourselves exclusively to bitcoin, but also to pay attention to other coins that have already proved themselves. The feedback from Trust in Bitcoin clients suggests that most of them intend to significantly expand their investment portfolio in the near future with altcoins. A characteristic feature of recent months has been the growing interest of institutional investors in the cryptocurrency market, which will predictably lead to stable positive dynamics for most popular coins.
Among the most promising altcoins, the fund experts recommend paying attention, first of all, to Ethereum. Its dynamics at the moment is comparable to Bitcoin, and the promised support from PayPal makes it more attractive to the mass user, which inevitably has to influence the course. It is still quite far from the absolute maximum, but, according to the leading specialist of Trust in BTC Edgar Jansons, if the existing trends continue, it is quite possible to update the record already next year. It should be noted that Vitalik Buterin’s project has not yet deceived the expectations of crypto enthusiasts.In addition to ETH, PayPal will provide support for BitcoinCash and Litecoin.
The latter is of particular interest and for the entire short-lived crypto history was the shadow of its “older brother”, for which it received the title of “digital silver” not without reason. Many believe that the potential of Litecoin has not yet been fully revealed and the current situation on the market will provide the coin with very good growth opportunities. In percentage terms, the dynamics of its rate still looks even more impressive than that of Bitcoin – the difference in rate is almost one and a half times. The highest value of the LTC rate was 375.29 USD on December 19, 2017 and, like the Eutereum, it has every chance to renew the maximum in 2021.
As for BictoinCash, its achievements in the current rally look a little more modest so far, but the integration with PayPal could give a good boost to growth. One of the masterminds of the coin, Roger Ver, believes it is possible to double the value of this asset. Trust in BTC analysts are more restrained in their estimates, however, they recommend that clients pay close attention to this cryptocurrency. It is likely that fans of long playing will appreciate it.
The traditionally popular XPR, although not included in the list for integration with PayPal, showed impressive results a month earlier. In one week of November, the Ripple coin showed a record growth rate of 126%. Now, however, there is a noticeable correction, but we can say with a high degree of confidence that the future of this coin in 2021 is quite optimistic. XPR is supported by Ripple’s good relationship with financial monsters such as Bank of America, Barclays, Standard Chartered, HSBC and American Express. Most competing cryptocurrencies so far can only dream of such partners.
Analyzing Trust in BTC clients’ feedback, the experts came to the conclusion that the best results are obtained by a competent diversification of the investment portfolio. Due to the high volatility and unpredictability of the exchange rate, it is wiser to combine the coins that enjoy stable trust with promising projects, the potential of which compensates for possible risks. And, of course, do not forget about the flagship of the digital market – bitcoin.