Buy Bitcoin here
  • Crypto
    • Bitcoin News
    • Ethereum
    • Altcoin
    • Blockchain
    • Blockchain Companies
    • Cryptocurrency Exchanges
    • DeFi
    • Regulation
    • Cointelegraph news
    • Press Release
    • ICO News
      • ICOs Review
      • Upcoming ICOs
      • Scam
  • Education
    • CryptoTicker Starter Kit
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
    • Events Review
  • Prices
  • Exchange Comparison
  • Newsletter subscribe

  • News

    • Bitcoin News
    • Altcoin
    • Regulation
    • Blockchain Companies
    • Blockchain
    • Cryptocurrency Exchanges
  • News

    • Ethereum
    • Events Review
    • ICO News
    • Press Release
  • Education

    • CryptoTicker Starter Kit
    • Education
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
  • Cryptoticker

    • About us
    • Advertise
    • Media Kit
    • Submit your Press Release
    • Contact
    • Membership Login
  • Social Media

    Facebook Twitter Telegram Youtube
    • Newsletter
  • Crypto
    • Bitcoin News
    • Ethereum
    • Altcoin
    • Blockchain
    • Blockchain Companies
    • Cryptocurrency Exchanges
    • DeFi
    • Regulation
    • Cointelegraph news
    • Press Release
    • ICO News
      • ICOs Review
      • Upcoming ICOs
      • Scam
  • Education
    • CryptoTicker Starter Kit
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
    • Events Review
  • Prices
  • Exchange Comparison
Starter Kit Membership Search
English
English Deutsch
Menu
Search


Altcoin DeFi TradingView YFI

How to Invest USD 1,000 in cryptocurrencies – Top 3 Altcoins to start 2021

Posted On December 8, 2020 Rudy Fares 0

  • share 
  • share 
  • share 
  • tweet 
  • share 
  • share 

We have come a long way since the early rise and fall of the cryptocurrency market back in 2017. A lot of new coins emerged, and interesting concepts shaped up in this new industry, establishing solid grounds to enter a prosperous 2021. But let’s face it…If you don’t own millions, you won’t make millions with Bitcoin anymore like in the good old days, at least not anytime soon.

There are PLENTY of other alternatives coins (well, Altcoins for short) out there, with solid concepts that solve our daily needs, and are an essential step in a decentralized future. Big Tech, Financial Institutions, and avid investors are all piling up on cryptocurrencies, with the latest being non-other than Mr. Wonderful from Shark Tank, investing 5% of his investment portfolio in cryptocurrencies.

That’s why we picked our TOP 3 Altcoins to invest in, in order to set up a strong portfolio into 2021. For the remaining 40% balance of your portfolio, it is recommended to check out your personal preference for various other coins. Check out our daily articles to get more insights!

1- Ethereum (ETH)

There are a lot of metrics that signal an even stronger year coming for Ether:

  • Ethereum mining difficulty hits an all-time high
  • There are almost 500k daily ACTIVE addresses (doubling YTD)
  • Ethereum has the highest daily fees volume, surpassing BTC
  • More than 80 billion gas is now being used on a daily basis
  • There are more than 1 million DeFi users to date

The list goes on for sure, but one thing tops it all up: with Bitcoin nearing its all-time high, Ethereum still didn’t reach half of its previous all-time high, with Technicals indicating a further increase in its value.

Current Price: USD 590
Portfolio recommended construction: 30%

3 reasons why Ethereum price should reach USD 1,000 again, and climb to new highs

2- Compound (COMP)

If you are unfamiliar with Compound, it is a platform that lets users lend cryptocurrencies to other individuals, pretty neat. It is the third-largest DeFi platform, with 1.55 billion in assets locked up in its smart-contracts. To borrow cryptocurrency, the user has to put up collateral that exceeds the amount they are borrowing.

What’s interesting about Compound is that this project kicked off with the big DeFi summer bubble of 2020, where prices shot up at first, then adjusted back to market norms. Unlike others, COMP managed to consolidate in price, while its total value of collaterals more than doubled to date!

Current Price: USD 162
Portfolio recommended construction: 20%

COMP/USD 1-day chart
Fig.1 COMP/USD 1-day chart – TradingView.com

3- Yearn.Finance (YFI)

YFI is a decentralized ecosystem of aggregators that utilize lending services such as Aave, Compound, and others to optimize token lending. Basically, it converts all your DeFi lending tokens into yTokens, and periodically rebalances the mix of tokens in the portfolio to always have the highest interest rates, just like a private Financial Consultant!

In a world where interest rates are ZERO or even NEGATIVE in some countries, being able to get a significant yield is very interesting for a lot of people. YFI has been actively integrating with multiple DeFi protocols (Cover protocol is the latest addition, where a merger happened recently).

Current Price: USD 28,217
Portfolio recommended construction: 10%

YFI Price Prediction – This DeFi token jumped 30% overnight, should you consider owning it?

Stay Ahead, Stay Updated

Rudy Fares

Follow CryptoTicker on Twitter and Telegram for daily crypto news and price analyses!

  • share 
  • share 
  • share 
  • tweet 
  • share 
  • share 

It is super easy to buy Ripple. Just take a look at our exchange comparison!

 

 

Follow us on Social Media and subscribe to our free crypto newsletter!

@Telegram
@Instagram
@Twitter 
@TikTok
@Facebook

Diskutiere mit uns!

About Trading @CT Trader
About Crypto in general @CT Inside

This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :)

Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.

Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future. 

#Altcoin#Defi#Ethereum#YFI



You might also like

Bitcoin Crypto Ethereum TradingView XRP

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC aims for $53,000 if this level breaks
January 18, 2021
Bitcoin News Crypto Crypto entrepreneurs Education

EXCUSES? TOP 3 reasons used by people who DON’T BUY Cryptocurrencies
January 17, 2021
Bitcoin Crypto Ethereum TradingView XRP

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Market crashes as BTC plummets to $34,000
January 15, 2021

More from Altcoin

Top 5 Performing Cryptocurrencies of the Week -(Week 25)
Posted On January 17, 2021 Prasanna 0

At the time of writing this, the Bitcoin price is sitting at $34663.26. Here are the top 5 performing cryptocurrencies …

Breaking – After Bitcoin Crash, Cryptocurrencies Price Analysis, Bitcoin, Ethereum, IOTA, EOS, Ripple, Cardano, Chainlink
Posted On January 11, 2021 Marcel Vogel 0

The whole crypto market is falling strongly. But where could prices go now? When is it safe to buy in …

Top 5 Performing Cryptocurrencies of the Week -(Week 24)
Posted On January 10, 2021 Prasanna 0

Here are the top 5 performing cryptocurrencies of the week (week-24). Let’s take a look at it in more detail.

In order to support and motivate the CryptoTicker team, especially in times of Corona, to continue to deliver good content, we would like to ask you to donate a small amount. Independent journalism can only survive if we stick together as a society. Thank you


  • Top Broker

    Bybit
    bybit
    Review · Visit
    Plus500
    Plus500
    Review · Visit

    Top Exchanges

    Kraken
    Kraken
    Review
    Coinbase
    Coinbase
    Review · Visit
  • Newsletter subscription




  • News

    • Bitcoin News
    • Altcoin
    • Regulation
    • Blockchain Companies
    • Blockchain
    • Cryptocurrency Exchanges
  • News

    • Ethereum
    • Events Review
    • ICO News
    • Press Release
  • Education

    • CryptoTicker Starter Kit
    • Education
    • Blockchain For Dummies
    • Crypto entrepreneurs
    • Free Resources
    • Events
  • Cryptoticker

    • About us
    • Advertise
    • Media Kit
    • Submit your Press Release
    • Contact
    • Membership Login
  • Social Media












    Newsletter


  • Imprint
  • Privacy Policy
  • Non-liability Disclaimer
©2021 CryptoTicker

Share

Share stories you like to your friends