2021 was a great year for the cryptocurrency market with many coins reaching all-time highs. And despite recent volatility, many crypto experts still believe that there’ll be new record highs in 2022.
What cryptocurrencies can you invest in?
If you’re chasing high returns, you can’t focus on coins with large market caps. It’s just not going to happen. If you want high profits, you need to dive into the analysis and the tokenomics. You also have to be prepared to hold your investments for a couple of years. So, for example, Solana increased by 16x in value in 2021 alone. It’s gone up 1,600% from 2020, and 6,500% from inception. And that’s just based on its value at the time of writing. But that’s not the main topic of today’s article. Today, I’m going to explain how you can still invest in some of the top coins on the market.
So, let’s look at our chart. At the bottom there’s Ripple (XRP). I’m sure you’ve heard of it. It’s currently ranked 7th in the world by market cap, and it’s also 83% off the ATH. That means if you invest in Ripple and it goes back to it’s ATH, then you’re not just making an 83% profit, you’re making somewhere in the range of 400%. That’s 4x your original investment. Of course, its still ranked 7th, so a lot of money will need to flow back into it. But it’s got potential. And that’s what’s important.
What other coins could deliver high returns?
Let’s move up the list and take a look at other coins now:
- Aave: #59 by market cap and -79% from ATH
- Uniswap (Uni): #30 by market cap and -78% from ATH
- TRON (TRX): #25 by market cap and -78% from ATH
- Algorand (Algo): #24 by market cap and -76% from ATH
You get the point. You can go through the chart and go through the rest. Trust me. Sand, Solana, Avalanche and Polygon. They’re all top projects with huge market caps. And they’re all in the top 100 cryptos. Just DYOR (do your own research) and check the projects you like best. Let’s say, for example, you take $10,000 and invest $1,000 into each coin. If half of them stay at the levels they are now, and the other half go back to their ATH, then you are looking at your account going from $10,000 to $30,000 in the future. That’s a decent profit, all on low-risk coins.
It’s never too late to start investing in crypto. There are lots of different coins to choose from, and lots of great opportunities to invest in more established projects. From our side, we’ve made some bold (with newer coins) and profitable (with a 250% ROI in 2021) investments in recent years. If you’d like to find out more about crypto investments, please feel free to check out our portfolios.