What to invest in 2021? We analyze forecasts
Major contributors regularly review the future of the industry, make forecasts and willingly share their vision of future trends with ordinary users. And we convey their point of view in this article. Today we will look at how a specialist in the digital assets department of one of the Swiss banks sees 2021 year. Next – forecasts of Chris Thomas with our modifications and corresponding conclusions. So, without further ado, let’s start discussing next year.
Who is Chris Thomas and how does he see the crypto industry
Why should you, in principle, trust Thomas’s opinion? First, note that any prediction has a degree of probability and should be viewed with skepticism. Even if we are talking about an expert of this level, like Chris Thomas. This is one of the leading investors and a specialist in a fairly large Swiss bank. The expert deals with digital assets, thus promoting an online bank called Swissquote. The latter is used both in Switzerland and far beyond its borders. In addition, Chris Thomas regularly communicates with representatives of news agencies and shares his vision of the future of the world of finance with interested investors.
At the moment, according to Chris Thomas, Ethereum and Bitcoin can be considered the best coins to invest in 2021. Thomas believes that the main reasons for the potential success of investments in these assets are the sufficient age and prospects of the projects. In his opinion, the age of the project plays a very important role in the chaotic structure of the cryptoindustry. That is, if a coin has been floating for many years, it is obviously worth trusting. Young projects, on the contrary, now and then strive not to withstand competition and sink into oblivion.
What portfolio to build for 2021?
The emphasis, according to Thomas, should be on Ethereum. Digital gold should diversify asset reserves. But, we note that we are talking about a passive investment portfolio. Although these coins show rapid and steady growth, they will definitely not fly to unprecedented heights in a matter of days. To get instant profit, you need to closely monitor the market and carefully analyze the industry, identifying potentially successful digital assets. This strategy is considered quite aggressive and is practiced mainly by experienced traders who know how to compensate for risks and work with big money. For beginners who are just planning to conquer the cryptoindustry, a passive investment portfolio is definitely recommended. For a change, the latter can be provided with other well-known assets.
At the moment, the growth of LTC, BCH and, of course, BNB is obvious. Surprisingly, Binance’s internal token was able to grow from a local settlement tool into a full-fledged currency, with its own subtleties and advantages. At the time of this writing, BNB has grown and continues to grow. The daily cost indicator has increased by 5.67% and does not stop there. With the popular Ripple, things are not so simple. Sure, this is a great asset, but our attentive readers are aware of XRP going through litigation. It is not yet known exactly how these litigations will affect the reputation of one of the most famous corporate assets of our time. So working with Ripple in early 2021 is certainly risky.
Resume for 2021
It will be an amazing 365 days to start with the right investment. Bitcoin, Ethereum – as investment portfolio mastodons. LTC, BCH and BNB – as side assets. But remember that the investment portfolio must be approached responsibly and with individual attention. The above is just one of the options for a safe income in the coming year. Follow all the news from the crypto industry with us. Thanks for attention. Good luck!
