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At the moment, I would not advise investing in bitcoin, because bitcoin has already grown very much in price for the entire 2020 and at any moment the bitcoin price may start to fall, so I advise you to wait until the bitcoin price will start to fall and then calmly start investing in bitcoin.
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Many people still cannot understand what bitcoin is and why bitcoin was created, and every person, of course, has his own opinion, but the main thing is that those people who work in the cryptocurrency field understand for what bitcoin was made and this is of course the most important thing, yes and in general, who cares what SoftBank CEO says, let him say what he wants.
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Therefore, we need to carefully study each altcoin in which we want to invest because scammers do not sleep and they constantly create new altcoins so that people invest in these altcoins and then scammers simply disappear with all the money and in order not to get caught by scammers, we should always study each project from scratch, and it is best to invest only in proven top altcoins.
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Many top altcoins have been growing in price all this year and various altcoins are still growing in price and especially Ethereum this year has grown in price and 2020 is not over yet, so the growth of altcoins will continue until the end of this year at least, and indeed I think in 2021 growth of the entire cryptocurrency market is also expected.
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So far, I think that the growth of the entire cryptocurrency market will be until the end of 2020, and then I think that at the beginning of 2021 there will be a fall of the entire cryptocurrency market, but this of course is my opinion and each person has his own opinion, therefore, for the time being, I adhere to exactly this option and I expect an even greater bitcoin pump in December this year.
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Since the beginning of 2020, for the whole of 2020 year, most altcoins have been growing in price, and it is clear that altcoins will continue to grow until the end of the year, so I am waiting when Ethereum will reach 600-700$ to fix the profit and, of course, I still have a lot of different altcoins in my portfolio, which will also be sold by the end of 2020.
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I cannot choose just one project, because I have invested in several interesting DeFi projects and I think that they will bring me a good income, and from my list the most interesting defi projects are dego, yland, link, primedao, poolz and yieldbank finance. I think these projects will show themselves in 2021, thats why 2021 must be very good for DeFi projects.
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Ripple, of course, is a very top cryptocurrency and Ripple technologies and capabilities are very successful, but Ripple will not be able to overtake Bitcoin, so we shouldn't even think about it, because big players are already accustomed to receiving the most profit from Bitcoin and I am sure that in the future Bitcoin will still be at first place.
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Indeed, many cryptocurrencies have grown in value over the entire year and the cryptocurrency market itself has grown very much and even the coronavirus has only positively affected the cryptocurrency market, and this is certainly good, but the most interesting thing is that 2020 is not over yet and I think the cryptocurrency market in December will reach new heights.
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Ethereum is the most popular altcoin but of course it is not encouraging that you have to pay huge sums for the transfers of cryptocurrencies that are created on the Ethereum blockchain, but I will hope that Ethereum developers will do something about it or I will have to deal less with Ethereum because if you do a lot of cryptocurrency transactions on the Ethereum blockchain, then you will lose a lot of money due to high transaction fees.
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