A few days after the end of this atypical year 2020, the events that have arisen continue to surprise locals and strangers. And the world of Bitcoins and Altcoins has been no exception.
From a black Thursday on March 12 and a pandemic that has kept the world population in check, to a bull run that has taken Bitcoin to historical levels of 28k,2020 undoubtedly does not stop showing surprises.
To find out what altcoins to invest in 2021, we seek the opinion of experts.
Some have made their recommendations public on their social media profiles. Others like Michael van de Poppe, an experienced trader and Cointelegraph contributor, has pointed out that altcoins should start to take off in Q1 2021, without mentioning a specific group. He thinks that
in 2021 altcoins will begin to follow suit with Bitcoin, its recent year’s performance.
In that regard, Bitcoin could have a correction first, but once it starts to consolidate, eyes should be on altcoins in Q1 and summer 2021. These will likely be the periods when altcoins will start to increase.
For Michael, ATOM, the native coin of the Cosmos project, is one of the coins that are likely to perform excellently in 2021.
Meanwhile, Lisa Edwards, experienced influencer and trader of cryptocurrencies, has summarized what you see in 2021 regarding altcoins.
She thinks that markets will explode in 2021 and ALTs with it. Her main operations will be DOT, EGLD, DCR, LTC, LINK, BSV.
For Lisa, technological fundamentals and community support for a certain project are compelling reasons to direct her movements towards a certain altcoin.
Bitcoin’s takeoff makes traders optimistic
Although Bitcoin is the favourite of many cryptocurrency traders, it is known that its takeoff in price suggests that an altcoin season is about to start in the next quarter of 2021.
David Battaglia has made predictions for the next few days in his most recent tweet. For David, Bitcoin will break the barrier of 30 thousand dollars. At the same time, Ethereum will follow suit leading the rally of altcoins to $920. THETA, its altcoin advertised on its official account, will be able to reach five dollars.
It is worth noting that the bet on the fall of the XRP, the Ripple asset, has intensified. It followed the news that some important exchanges such as Coinbase, have suspended the XRP/USDT pair’s operations.
Outlook for the main cryptocurrencies is bullish for the coming year of 2021.
However, remember that cryptocurrencies are volatile, and every investment has its risks.
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