EQR Securities- 5 Best Cryptocurrencies in 2021

 It has been a choppy year, albeit on an upward trajectory. We had downturns in January, April, July and last week, where distribution volume far exceeded its accumulating counterpart. But that is markets for you, across the entire investment spectrum. EQR Securities experts guide you to choose best cryptocurrencies in 2021 and what thing you need to consider before buy a crypto?

We Need Volatility

No volatility equals limited entry and exit points. When these are limited, markets stagnate and attract fewer and fewer participants. This is when liquidity becomes an issue.

Value Creation

Never worry about the short term noise and price action, but rather zoom out and look at the long-term adoption curve, because fundamentally this is what creates value.

It’s on the Increase

How many people are using cryptocurrencies and has this number increased over the last 24 months?

Why has it increased?

Will the number of users continue to rise, both retail and institutional?

A Threat to Pinstripe Parasites

We must not forget this remarkable digital space has the fastest adopted network technology the world has ever seen, and it is the biggest threat central banking has ever faced. Decentralized finance is a game changer.

Last Week Was Nothing

Okay, we had last week’s sell-off, but it was nothing really in percentage terms compared to say the S&P 500. Look, crypto is a 80% volatility asset and the S&P 500 is a humble 10%. So last week’s downturn was equivalent to a 1.5% dive in the S&P500.

Why all the noise?

Simply step back and ask yourself …

‘’ Is the technology here to stay?

Why?

Because that is the only question you have to ask yourself.

Q-4 & Juicy Returns

Generally speaking the final quarter of the commercial year is when all the chickens come home to roost. The entire year’s returns are normally made between October 1^st through to December 31^st.Your job is to be on the look-out for those chickens with selective precision and consequential accuracy.

Why?

You do not want to be run over by a barrage of stampeding poultry. Moreover, surely you want to catch the right chickens before they roost.

Use last week’s downturn to stack up on more digital coins.

The old saying ….’

‘’ Buy on bottoms and sell on tops’’ is as applicable to the crypto space, as it is to all of the other investment markets.

So which coins have performed best so far this year and should you buy more?

The Best Five

2021, has been a robust year for the blue chip coins, such as Bitcoin and Ethereum, in addition to the smaller cap coins, such as Cardano, Binance Coin and Tether. These particular digital assets have performed remarkably well and will continue to do so as we edge towards the year end and into 2022.

What Now?

Buy more on the dip and sit back with patience and a cool head. You all saw how cool Emma Raducanu was on Saturday night and look what happened.