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At the moment, most of my investments have been made in Ethereum, because after the release of Ethereum 2.0, I expect good growth of Ethereum in 2021, I also invested a lot in link and in binance coin, because I see how quickly these cryptocurrencies are developing and I am sure that in 2021 these cryptocurrencies will also grow very much in price, I also invested in DEGO and AME, I also think that these two cryptocurrencies will show excellent opportunities in 2021.
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Indeed, a lot of cryptocurrency projects were constantly trying for various reasons to postpone the launch of their project until better times, namely till the start of the altseason, but the most interesting thing is that all cryptocurrencies are growing in price throughout 2020, and bitcoin and altcoins, but many cryptocurrency projects still not started...
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Indeed, usually when the price of bitcoin rises, then the altcoins begin to rise, and when the price of bitcoin falls, the price of altcoins also falls, but I myself have noticed cases when bitcoin grew in price and altcoins did not grow, and vice versa, there were cases when the price of bitcoin fell and the price of altcoins did not, so there are always different cases.
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In no case should you take loans and invest in cryptocurrencies, this is a huge mistake, because you, for example, will take a loan today and you will invest in cryptocurrencies, and tomorrow these same cryptocurrencies in which you invested will begin to fall in price and it is not known when these cryptocurrencies will start growing again, what will you do then? And there are a lot of scam cryptocurrency projects where you can completely lose all your money, so in no case should you take loans for investing in cryptocurrencies.
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I think that it was not worth investing in bitcoin now, because it is possible that the price of bitcoin will no longer rise for some time, and it is possible that correction of the price of bitcoin will begin soon, so it is best to invest in bitcoin when the price of bitcoin drops very much, so I am waiting for bitcoin correction.
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I can recommend a good new defi project DEGO, I think this project will have an incredible future, since the DEGO developers are very active and they constantly develop their project to new heights, the same opinion about the Poolz project and another interesting defi project primedao, so I advise you to take a closer look at these projects and study them in detail.
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I think while the defi sphere is very popular, we need to use it and we need to make money on it, and in 2020 I got a good profit by investing in defi projects, but of course, do not forget that there are a lot of scam defi projects and therefore we should always invest very carefully in defi projects, and in general, defi projects have huge potential and I think in 2021 the defi sphere will be even more popular than in 2020.
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I think that 2021 will be an excellent year for altcoins, since in 2020 a lot of different big companies and areas began to use cryptocurrency technologies and many partnerships were arranged and I think we will see all the fruits of 2020 in 2021 and just in 2021 I expect a big altcoins pump.
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Now the entire cryptocurrency market is growing, including Bitcoin and XRP, of course there are times when bitcoin grows and the rest of the altcoins do not grow and there have been cases when altcoins grew in price and at the same moment bitcoin did not grow in price at all, and in general I think that XRP in 2021 will grow strongly in price.
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I think that it is worth waiting for the correction of the entire cryptocurrency market and then after this correction it will be already possible to safely invest in various altcoins, and now altcoins are growing in price and if you will invest in altcoins now, then these altcoins will fall in price when there will be correction, so it's better to wait a bit for better moment.
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The defi sphere has just appeared and I am sure that the defi sphere has not yet fully shown itself and therefore so many cryptocurrency projects are aimed at the defi sphere because these projects understand that the defi sphere is very popular and in demand, so I believe that 2021 will be very good for projects that work in the defi sphere.
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BNB is of course a very popular cryptocurrency and I am sure that in the future BNB will compete with Ethereum for the second place in the cryptocurrency world and therefore I invest on an ongoing basis in both Ethereum and BNB, but at the moment I certainly agree that the price of BNB is currently very low.
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I do not think that Ethereum will have time to reach the 1k$ mark this year, so I think that in 2021 Ethereum will at least reach the 1k$ mark and possibly even more, so I am waiting for the Ethereum correction to invest more in Ethereum and then I will wait for that the moment when Ethereum will begin to reach new heights.
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Pornhub, as usual, is ahead of everyone and it is clear why, because the main task of Pornhub is, of course, making money and therefore Pornhub is trying to add as many different cryptocurrencies as possible to its services, and now they have added Monero and I think Pornhub will not stop here, I think in the near future time it will be possible to see news related to Pornhub and cryptocurrencies again.
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At the moment, I have almost all investments in altcoins and only a little bit in bitcoin, but when there will be correction of the entire cryptocurrency market, I think that I will invest the most in bitcoin, because I think that in 2021 bitcoin will reach new heights, and also I will invest in Ethereum, because I think 2021 will also be a very good year for Ethereum.
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