Which cryptocurrency to buy in 2022? Which cryptocurrency will explode in 2022

John James
October 2, 2021
which cryptocurrency to buy in 2021: What to look out forWhat are cryptocurrencies? Cryptocurrencies are digital tokens based on blockchain technology. In this case, the middleman is ignored in a payment transaction. There is no government or central bank behind cryptocurrencies. It is just a kind of global directory.
Which cryptocurrency to buy in 2021 Which cryptocurrency will explode in 2021
Which cryptocurrency will explode in 2021

Cryptocurrencies are digital currencies that have triggered a new type of gold rush in the digital age.

Based on the rates of cryptocurrencies, it can be seen that many digital currencies have multiplied their value.

This article aims to explain which cryptocurrency to buy in 2021. In this way, we analyse which token could possibly experience a strong increase in value.

After all, not every cryptocurrency is suitable as an investment. In addition, all coins are generally risky. We also present a list of interesting cryptocurrencies.

Table of Contents

which cryptocurrency to buy in 2022: What to look out for
  • What are cryptocurrencies? Cryptocurrencies are digital tokens based on blockchain technology. In this case, the middleman is ignored in a payment transaction. There is no government or central bank behind cryptocurrencies. It is just a kind of global directory.
  • Are extreme returns still possible, or has the train already left? Of course, extreme returns are always possible with cryptocurrencies. As a trader, however, you shouldn’t forget that there are countless cryptocurrencies. Not only Bitcoin and Ethereum have experienced an increase in value, but numerous digital coins also are not yet very well known and could therefore gain massively in value.
  • What are the risks to be aware of when buying cryptocurrencies? In many cases, cryptocurrencies do not yet have any intrinsic value. Their monetary value only corresponds to investors’ trust in a certain digital currency on the stock exchange. This means that the digital coins could be all their worth if the bubble bursts.
  • Which cryptocurrency is the best? In the past two years, Bitcoin has emerged as the undefeated winner of all cryptocurrencies. The value of bitcoin has increased more than tenfold. Even so, BTC remained very volatile. But other cryptocurrencies are also thriving. For example, Dogecoin, which was actually launched on the market as a joke currency.

Cryptocurrencies list: an overview of the most important cryptocurrencies

In total, there are over 1000 digital currencies with different exchange rate performances in the past few years.

The following cryptocurrency list was created primarily through investors’ trust, who helped the tokens be priced proudly.

However, it cannot be said which coin is the best. All cryptocurrencies are generally risky and highly volatile, but this can also provide great returns.

Which cryptocurrency to buy

Bitcoin

Bitcoin is the best known and the first digital coin to be launched on the market. He is also the most successful.

It is a common currency that is accepted as a legitimate form of payment by several companies.

Some investors who invested in Bitcoin early on are millionaires today. But again and again, expressions cause movements in cryptocurrency prices. Be it the Chinese central bank or Elon Musk.

Ethereum

At 27, Vitalik Buterin is a fairly young programmer who added Ethereum to the cryptocurrency list.

It is the second most successful cryptocurrency that is currently traded on the market. It was launched in 2015.

Ethereum has the advantage that smart contracts can be placed on the blockchain here. The technology can also be understood as a middleman for transfers.

Accordingly, ether is very popular.

Dogecoin

Dogecoin is the most amazing digital currency currently available. When dogecoin is a fun currency.

The background? One day a woman in Japan posted a picture of her Shiba Inu dog. This looked funny in the picture and developed into a meme.

Later on, some programmers used the image of this dog as a marker for the Dogecoin currency, which they created as a joke.

But the currency became prosperous and had a market capitalisation of over $ 11 billion. A prominent advocate, for example, is Elon Musk.

IOTA

The German cryptocurrency IOTA was also created in 2015 and is based on the open-source technology of the Tangle network. It is an alternative currency. One also speaks of an altcoin.

The abbreviation IOTA refers to the “Internet of Things”. This could gain massively in importance in the future, and the MIOTA token should provide the necessary infrastructure.

The currency has quickly developed into a successful cryptocurrency and has a market capitalisation of over € 4 billion.

Where to buy cryptocurrencies Our broker and stock exchange comparison

You need a broker who supports such purchases or a trading platform that specialises in cryptocurrencies to buy cryptocurrencies. Here is an overview of the most successful offers with which you can trade cryptocurrencies.

Which cryptocurrency will explode in 2022? Cryptocurrency course prospect

Many new cryptocurrencies are often presented as the new Bitcoin, as a token that will soon explode and go through the roof. But not too much can be kept from such promises.

In general, extreme returns are still possible, but investors should still be exposed to risks with all coins.

However, the following three cryptocurrencies should be particularly interesting concerning possible future profits when it comes to cryptocurrency courses with potential.

1. Buy IOTA (MIOTA)

IOTA is not based on blockchain technology but on Tangle. There are several factors why our list of cryptocurrencies starts with the MIOTA token at this point.

On the one hand, there is speculation about further collaboration with the car company Volkswagen. On the other hand, the first partnerships could soon bear the first fruits.

In addition, analysts predict that the price will double by 2023. Should IOTA also be integrated into PayPal, then profits are almost inevitable.

2. Buy Stellar Lumens (XLM)

Stellar Lumens is fundamentally different from IOTA. With this token, transactions on an international basis are to be simplified. The focus here is on forex trading.

Stellar Lumens’ concept, which is based on blockchain technology, is so attractive that the American corporation IBM has entered into a cooperation.

Some analysts assume that the XLM price of this coin will multiply in the coming years .

3. Buy Ripple (XRP)

Ripple has similarities with the digital token Stellar Lumens, as it is also an international payment network.

With the help of the coin, transactions, especially between banks, can be concluded at lower costs and with increased speed.

Santander Bank is very active here. If this establishes the Ripple Coin, there could be massive price gains.

This is generally nothing new to investors, but trading activity has been heavily burdened primarily by an ongoing legal process. This is exa.hazardousctly where opportunities arise for traders.

If Ripple Labs succeeds in negotiating, nothing stands in the way of big profits.

Why are cryptocurrencies like Bitcoin and Co. currently exploding?

Which cryptocurrency to buy

At the moment, you could get the impression that Bitcoin would have triggered a new digital cryptocurrency price gold rush. The price of Bitcoin alone more than quadrupled in 2020.

In 2021, Bitcoin experienced another sharp price rise. But how could cryptocurrencies like this literally explode? There are several reasons for that.

Reason 1: Adaptation is increasing

Many investors have recently rediscovered Bitcoin as a means of payment. As a result, market capitalisation went through the roof. This has increased more than tenfold within five years.

Because of the increased need and demand for cryptocurrencies, their value increases, other factors reinforced this effect.

Reason 2: Comments from analysts and celebrities

In addition, more and more companies, especially Elon Musk and the car company Tesla, accept cryptocurrencies as a legitimate means of payment.

In the winter of 2021, he announced that he would allow payment for electric cars. As a result, the value of Bitcoin on the stock exchange rose dramatically. Other companies have also taken this step.

Reason 3: Investors are looking for investment alternatives

In addition, the effect was reinforced by the loss of confidence in paper currency. The debt crisis in Greece at the time, for example, meant that people no longer had access to cash from one day to the next.

In addition, there are negative interest rates, which have led many people to look for investment alternatives with high returns.

These are the main reasons for the rapid rise in cryptocurrencies in recent years. Above all, the massive demand for cryptocurrency on the stock exchange and the tweets from Elon Musk have contributed to this development.

For this reason, cryptocurrencies like Bitcoin and Co. seem to be exploding right now.

Reason 4: Flood of money & fear of inflation

Why are more and more investors asking ” which cryptocurrency will buy in 2021 “? The corona crisis caused an enormous glut of money due to global rescue packages.

Many traders fear that inflation will soon rise sharply. As a result, even established investments could be affected. This, in turn, can benefit alternative assets such as the coins in our cryptocurrencies list.

However: some cryptocurrencies are highly volatile. They gain and lose large parts of their value, sometimes within a few weeks.

Therefore, purchases in cryptocurrencies are sometimes very speculative investments.

Is there a new cryptocurrency with potential in 2021?

In the previous section, three different cryptocurrencies with an increased potential were already described.

These are the coins from IOTA, Ripple and Stellar Lumens, all of which have various advantages over the established blockchain currencies.

These advantages and the forecasts of various analysts make these three cryptocurrencies an interesting investment option for 2021.

Nevertheless, current crypto movements can also be discussed. Think about the latest NFT developments. But DeFi coins can also be interesting.

They are tokens from the field of decentralised finance. Think of Uniswap, DAI or YearnFinance in this context. These coins are actually new cryptocurrencies with potential.

The most successful cryptocurrencies in recent years – 2020,2019,2018

Which cryptocurrency to buy

This section looked as the most successful cryptocurrencies in 2018-2020. Not all years have been profitable for all digital coins.

In the future, the rates of the cryptocurrencies can behave similarly: rise, crash and even unknown, less successful digital tokens could experience a massive increase in value.

But first, let’s take a look at the past.

1. Which cryptocurrency to buy in 2020?

In 2020 you should have bought the cryptocurrency Bitcoin. At the beginning of 2020, buying BTC would have been an excellent option to increase your capital quickly.

Overall, the largest cryptocurrency rose more than four times its value. In 2021, Bitcoin went up again and recorded twice the value of the previous year in the spring.

However, coins from the second and third-row also made a name for themselves. Think, for example, of Polkadot or Cardano.

2. Which cryptocurrency to buy in 2019?

Do you mean 2019 was a dull year for cryptocurrency? Unfortunately, many digital tokens have seen a defining loss.

Because almost all cryptocurrencies experienced a massive gain in value in 2020 and at the latest in 2021, an investment in any imaginable cryptocurrency would have been a good decision.

In addition to the long-running Bitcoin, Binance Coin (BNB) was the main winner.

3. Which cryptocurrency to buy in 2018?

The year 2018 was generally miserable the previous year’s value in our cryptocurrency list. Not only stocks and funds have lost value. Unfortunately, cryptocurrencies have also suffered drastic losses in value.

Including the most successful cryptocurrencies such as Bitcoin, Ethereum, IOTA, Litecoin or Dogecoin.

At the beginning of 2018, many of the cryptocurrencies mentioned had a temporary high. Therefore, at this point, it would have been more advisable to sell all of the currencies.

The question of ” which cryptocurrency to buy ” would have backfired in most cases at high exchange rates.

How to buy cryptocurrencies Our guide in three steps

To invest in cryptocurrencies, you must have a wallet or open an account with a broker. Not all of them also allow trading in cryptocurrencies.

We, therefore, recommend the online broker and test winner ROinvesting for digital trading tokens.

Direct investment in a wide variety of cryptocurrencies is possible here. In these step-by-step instructions, we will advise you on the exact registration process.

1. Registration with a broker or a crypto exchange

To register with ROinvesting, you must first go to the website of the online broker. We have provided you with a link for this.

A button labelled “ Trade Now ” will appear on the website. Click on it.

Fortunately, the actual registration process does not take longer than a few minutes. For this, personal data must be disclosed. This includes your trading experience, your risk tolerance and your salary.

2. Top up your account

After you have successfully logged in, you can now top up your account. Again, there are several options available for this.

There is the possibility to make a classic transfer, or you can switch to Giropay or PayPal or the credit card.

Now they are almost there. The account has been opened, and the money has been deposited. Now you can buy digital currencies by credit card, Sofortüberweisung or any other payment method.

3. Buy cryptocurrencies with a credit card, instant transfer and more

Now you can view the prices of the cryptocurrency and make a purchase decision based on them.

You have several options for buying the digital tokens: You can enter the name or the abbreviation of the currency in the search field and invest directly in the coins.

You also have the option under the “Markets” category, which you can find in the menu, to view and select a list with a wide variety of cryptocurrencies.

Alternatively, you also have the option of using CopyTrader to benefit from the experience of professional traders.

The account copies every trading decision of the experienced trader, whereby certain portfolios can be taken over with a mouse click.

What are the fees for buying rising cryptocurrencies?

Fees comparison when buying cryptocurrencies

In this example, the following general conditions are required for the purchase of Bitcoin:

  • The Bitcoin is acquired with a value of € 1,000
  • The Bitcoin is held for 30 days and then sold
  • The Bitcoin rate does not change during these 30 days

The following fees are composed at ROinvesting, Coinbase , Libertex and Plus500 :

providersRoinvestingcoinbasePlus500Libertex
DepositFree3.99%for freefor free
Purchase feesFree1.49%3.08% *0.41%
Holding feesFreefor free0.05% *for free
Sales chargesSpreads1.49%3.08% *0.41%
Total feesReasonable€ 68.24€ 92.32€ 8.20
Which cryptocurrency to buy – forecast and risks for the future

Which cryptocurrency to buy

The three already mentioned cryptocurrencies, Stellar, Lumens, Ripple and IOTA, have unique selling points and could therefore achieve higher returns in the future.

Advantages such as cooperation with companies give these coins a little added value, which could establish itself.

However, these digital tokens are also high-risk investments. Investors constitute a significant risk for all cryptocurrencies.

  • Cryptocurrencies from the list could reach a sticking point
  • Demand could continue to rise
  • Technology advances
  • Extreme fluctuations
  • Regulations could have consequences for courses
  • The bubble could burst

As already mentioned, these coins depend on the trust of investors. Therefore, as soon as doubts are expressed, all cryptocurrencies could suffer severe price losses from which they could no longer recover.

In this case, the entire cryptocurrencies could burst spectacularly like a single bubble and destroy a lot of money in a concise time.

Certainly, possible restrictions and regulations of the legislature hover like a sword of Damocles over the entire industry worldwide.

The best cryptocurrency forum

The best way to buy cryptocurrencies is through the online broker ROinvesting. The test winner has many different virtual currencies on offer. Several reasons make the platform a true forum.

On the one hand, there is the so-called CopyTrader, which even inexperienced investors can use to benefit from the analysis and positions of experienced traders. But there is still a risk.

As a social trading platform, you will find numerous analyses and comments from the community on the respective pages of the assets. Here you can cheerfully comment yourself.

Theoretically, one can also discuss here: “which cryptocurrency to buy 2021”

In addition, you can use the free demo account to track simulated trades without putting any money at risk.

Should you buy cryptocurrencies now or not? Which cryptocurrency is worth buying?

Since cryptocurrencies and their prices are extremely risky investments, every investor should carefully consider whether they are willing to take the risk.

It has often been shown that the rate of a digital currency can halve within a few weeks. With such a volatile currency, luck is always involved.

However, some offers from our list of cryptocurrencies could achieve price gains due to certain advantages. These currencies include IOTA, Ripple and Stellar Lumens.

Established cryptocurrencies like Bitcoin or Ethereum could potentially lose importance as their value has already grown exponentially. However, an opposite development is also conceivable.

You should only buy cryptocurrencies if you have a thorough understanding of how the currency works and know the extreme risk you are exposing yourself to.

There is no guarantee of winnings. Hardly any cryptocurrency represents added value, which is why most of them are useless.

Which cryptocurrency to buy Conclusion: our analysis and recommendation

Cryptocurrencies are digital currencies that rely on the trust of investors in the stock exchange. This and other reasons resulted in an extreme price increase for certain coins.

Certain digital currencies such as Stellar Lumens, Ripple or IOTA may still have the potential for high returns in the foreseeable future due to their advantages and their comparatively low exchange rate.

For the purchase of cryptocurrencies, we recommend the test winner ROinvesting. On ROinvesting, you can quickly and easily invest in many different cryptocurrencies. A wallet is available for this free of charge.

Which cryptocurrency to buy in 2021? You can now answer this question yourself. Accordingly: diversify and never use all of your available cash on a trade.

4.9
4.9/5

Our recommendation: Trading at Investby

Our recommendation: Trading at Investby

  • The broker provides an Islamic Account
  • It provides a dedicated account manager
  • Receive customised investment news
  • Trade with a variety of assets
  • There’s no deposit limit
ABinvesting Review
4.5
4.5/5

Our recommendation: Trading at ABInvesting

  • Acknowledge the financial markets through education material 
  • Free VPS is available 
  • Get a swap discount of 50 per cent 
  • Islamic Account is available to traders 
  • Select account types of your interest
4.9
4.9/5

Our recommendation: Trading at PrimeFin

  • Fifth decimal available 
  • Spreads begin from 0.03 pips
  • Commission is zero  
  • Full 10-hour support  
  • News alerts and VPS for traders

FAQs

The tokens Stellar Lumens, IOTA, and Ripple, which were described in more detail in this article, may be worthwhile for buying cryptocurrency. These are currencies that have received excellent forecasts for a variety of reasons. Note, however, that forecasts can also be wrong and these currencies could just as easily crash this year ..

In short: there are no secure cryptocurrencies. In most cases, digital currencies do not have any intrinsic value. Their price only corresponds to the confidence that investors convert into prices in the market. All cryptocurrencies are generally extremely risky and volatile. You can reduce the risk by investing in a cryptocurrency fund, but the residual risk remains.

In our article, three different cryptocurrencies were named, which for various reasons have an advantage over Bitcoin and Ethereum. Be it through an increased transaction speed or cooperation with large companies. However, especially with high-risk and volatile investments such as crypto currencies, no precise price development can be predicted. So nobody can predict exactly whether these three currencies will actually go through the roof.

All cryptocurrencies that offer a certain added value probably have a future. Although this has not yet been offered directly by any blockchain currency, various coins have advantages that, in our opinion, could make them an interesting investment option.

Get a Callback

A trusted broker will contact you today.

Name(Required)