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Author Topic: Most profitable cryptocurrency for 2021?  (Read 528 times)
Abiky (OP)
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July 23, 2021, 03:45:16 PM
 #1

Ever since the year started, major cryptocurrencies like Bitcoin and Ethereum achieved new All-time-highs. Dogecoin was one of the biggest winners as it went from being worth less than a cent (USD) to nearly $1 in a matter of months. For long-term "hodlers" of the aforementioned cryptocurrencies, this is certainly good news. Those who got in late, are going to have to wait for the next bull market to cash out massive profits.

While we wait for prices to rise, we can still make profit by either staking or mining a cryptocurrency that's widely traded on the market. Not everyone can mine a cryptocurrency using ASIC, GPUs or even HDDs due to high energy costs and certain other factors. Staking is much more accessible to the average person, making it a great way to build a passive income system by just "hodling" your coin of choice.

I'm on the hunt for the most profitable cryptocurrency for 2021. Do you happen to know which one it is? Any strategies, tips or tricks to make money with your crypto of choice would be greatly appreciated. Thanks in advance. Smiley

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July 23, 2021, 04:23:49 PM
 #2

People more prefer to #NFT Game right now! with the play2earn mechanism.

I also currently playing NFT Game called "IOI - Trade Race Manager" a trading platform but with game race model. I earning a big chunk of money daily from them! this is one of the examples, I win 80 IOI (80$) from the NFT Tournament race.

Now NFT with play2earn model really popular.

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July 23, 2021, 04:54:10 PM
 #3

...I'm on the hunt for the most profitable cryptocurrency for 2021. Do you happen to know which one it is? Any strategies, tips or tricks to make money with your crypto of choice would be greatly appreciated.
I couldn't agree more with ryzaadit on NFT games with P2E feature. You'll easily notice how much they have grown if you visit Coingeko or other market data aggregators. It's hard to ignore their growth potential when millions of the younger generations are gamers and also looking for side hustles. Look for recently launched games before they hit major exchanges if you want to maximize your earnings on the current trend.

R


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July 23, 2021, 05:11:10 PM
 #4

-snip-
Indeed!

Axie one of the example, If you see some news report local not only crypto-user playing their game also non-crypto user trying to play the game by scholarship. NFT Game also one of the major reason "crypto" got more attention and adoption right now. Non-crypto user playing NFT Game and earn some money, then they also will learn about crypto is win2 solution for the project + crypto adoption.

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July 23, 2021, 05:14:14 PM
 #5

For sure it will be something involving NFTs. They are super hot. Celebrities, athletes, and brands are all striking deals to launch their "exclusive collections" and these can go for hundreds of thousands. Professional artists are making millions from their works. OpenSea just became a Unicorn with a billion-dollar valuation. https://cointelegraph.com/news/opensea-is-the-latest-crypto-unicorn-after-100m-funding-round                           

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July 23, 2021, 05:23:25 PM
 #6

-snip-
Indeed!

Axie one of the example, If you see some news report local not only crypto-user playing their game also non-crypto user trying to play the game by scholarship. NFT Game also one of the major reason "crypto" got more attention and adoption right now. Non-crypto user playing NFT Game and earn some money, then they also will learn about crypto is win2 solution for the project + crypto adoption.
I agree with both of you guys.

P2E is really hitting the waves and it's not only the old ones including me  Grin that are being hooked on it. It's been a long time since NFT has been introduced but it only got a hit really big for this year when P2E projects became popular.

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July 23, 2021, 05:29:36 PM
 #7

Do you happen to know which one it is? Any strategies, tips or tricks to make money with your crypto of choice would be greatly appreciated. Thanks in advance. Smiley

TBH, staking will depend on the market conditions. Just sharing my experience with bake and cake which was staked for months and made huge profits. I bought cake at $9 and bake at $0.95 for staking and waited for bullish rally on both of those tokens. Eventually, those got bullish rally and cake returned me 4x and bake did 8x according to my exit point before starting of this correction market. So, you can buy two of these tokens for staking with own risks. Also, nft based games are getting more hypes/popularity, so it would be best for OP to play those games and start getting passive incomes. ATM, i'm playing cryptoblades which is giving huge return and hopefully trend will continue till the end of this year.  Wink

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July 23, 2021, 05:30:50 PM
 #8

Lots of alts will do very, very well when the second phase of the bitcoin bull run commences. It’s like pinning the tail on a donkey, blindfolded trying to pick the lesser known alts though. Some will do much better % wise than bitcoin but it’s like nailing jelly to a wall.

Just stick with bitcoin & the more well known, reputable alts for guaranteed gains.

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July 23, 2021, 05:35:24 PM
 #9

It's hard to say that one specific coin is the most profitable one. But my choices for this are Bitcoin, Ethereum and BNB. Maybe Bitcoin can be the most profitable among them. It's really depending on a new bull market to come in this year. Then, Bitcoin price may literally go to the moon and break a new record.

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July 23, 2021, 05:49:42 PM
 #10

Ever since the year started, major cryptocurrencies like Bitcoin and Ethereum achieved new All-time-highs. Dogecoin was one of the biggest winners as it went from being worth less than a cent (USD) to nearly $1 in a matter of months. For long-term "hodlers" of the aforementioned cryptocurrencies, this is certainly good news. Those who got in late, are going to have to wait for the next bull market to cash out massive profits.

While we wait for prices to rise, we can still make profit by either staking or mining a cryptocurrency that's widely traded on the market. Not everyone can mine a cryptocurrency using ASIC, GPUs or even HDDs due to high energy costs and certain other factors. Staking is much more accessible to the average person, making it a great way to build a passive income system by just "hodling" your coin of choice.

I'm on the hunt for the most profitable cryptocurrency for 2021. Do you happen to know which one it is? Any strategies, tips or tricks to make money with your crypto of choice would be greatly appreciated. Thanks in advance. Smiley

There are two possibilities in investing, long-term or choosing short-term, Bitcoin and Ethereum have good prospects in the next year, but the problem is that these two coins are ranked 1st and 2nd in the market, so we must be really observant in investing.

While another way we can invest in meme dicoin, which has good potential in the future, but if we invest in a short time it is not possible, considering that for now it is still cheap, a more appropriate pattern is to invest in a long time.

For example, the increase in the price of doge yesterday, became a profit field for people who are observant in investing, initially everyone was not very interested in investing in doge, but when the price of doge rose only lucky people who got a big enough profit, needed good analysis and strategy for this year and next year in investing.

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July 23, 2021, 05:56:21 PM
 #11

This is not a promotional post but here's my profitable crypto for 2021


1. Hex - bought around 1 cents and i were able selling my hex with 15x profit but this coin lack of utility even some called this as a suspicious coin.

2. axie - I got capital gain from this coin and i can also get daily SLP and this gives me a daily basis income. It's totally worth to try

I guess there are more NFT coins that's worth to invest.

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July 23, 2021, 05:56:29 PM
 #12

I'm on the hunt for the most profitable cryptocurrency for 2021. Do you happen to know which one it is?

The in-game currencies of some blockchain games are performing well in the markets today. Such as:

DPET - MyDefiPet
AXS - Axie Infinity
SLP - Smooth Love Potion

Playing the game is not necessary as, like the usual coin, you can trade it.

DPET just announced the BCS staking and vice-versa. Worth trying.

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July 23, 2021, 06:14:06 PM
 #13

Well what i do now is,
i check for upcoming NFT and look for its whitelist and roadmap.
if im satisfied and i think it would hit. ill buy some of its token when it hits the market
and sell them on a decent price specially if the projects gets hyped
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July 23, 2021, 11:03:02 PM
 #14

I invest in fundamental assets like polcadot. The price of this coin is now falling, but the growth prospects are very interesting when auctions for parachains begin.
I already wrote that to connect this to this ecosystem, you must first win an auction on the Kusama test network, and then win an auction to connect to the Polkadot ecosystem. Shitty projects won't be here.

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July 23, 2021, 11:11:03 PM
 #15

People more prefer to #NFT Game right now! with the play2earn mechanism.

I also currently playing NFT Game called "IOI - Trade Race Manager" a trading platform but with game race model. I earning a big chunk of money daily from them! this is one of the examples, I win 80 IOI (80$) from the NFT Tournament race.

Now NFT with play2earn model really popular.
This is a good trend actually where most of the NFT games are pumping right now, this could be considered as profitable crypto but it’s hard to tell on which is the most profitable one but as long as you are earning money, you’re in good position.

I see this one here in the forum and currently looking for a way on how to make money on IOI, and know how much is the needed capital to play and earn.
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July 23, 2021, 11:31:30 PM
 #16

Top altcoins are the most profitable coins if you were bought during the ICO or after the exchange listed. 100x, 200x or 300x pumped the altcoins price but any new coins couldn't make it. We have some altcoins history that were launched during the last quarter of last year. Most cryptocurrency can't be predicted for the next bullrun, but the top coins are safe.
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July 23, 2021, 11:48:53 PM
 #17

Top altcoins are the most profitable coins if you were bought during the ICO or after the exchange listed. 100x, 200x or 300x pumped the altcoins price but any new coins couldn't make it.

Some of these icos were not fully liquid and that means your token gets vested. You can get into this when you are lucky enough or you have a lot of money in your pocket to participate in the IEO that launched on binance or something else. The competition is also very strict these days.

NFT has become the most profitable trend in this year and we can't deny if some NFT got hundreds thousand of users.
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July 24, 2021, 12:25:03 AM
 #18

People more prefer to #NFT Game right now! with the play2earn mechanism.

I also currently playing NFT Game called "IOI - Trade Race Manager" a trading platform but with game race model. I earning a big chunk of money daily from them! this is one of the examples, I win 80 IOI (80$) from the NFT Tournament race.

Now NFT with play2earn model really popular.
Many people are now into this thing called NFT games, there are existing one by one and people got hype of it. It is because more new and young comers in crypto today prefer to do games, those games that they can earn and play like axieinfinty, many people now are playing this game because its profitable and the coin that has been collected in this game has a good value to gain profits.

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July 24, 2021, 01:51:23 PM
 #19

a lot of crypto is profitable this year, but the crypto that is the current trend in 2021 is NFT where many games use NFT as a means of payment
very popular game i know Axie , IOI and recently i download cropbytes , TRX based game
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July 24, 2021, 02:02:06 PM
 #20

based on coinmarketcap data for 30d , CyberFM still be the best gainer in crypto market even AXIES only on #6 position. Coins that on this list should be the most profitable assets in this year, it show community very glad to see the developtment progress and decided to buy more coins. If we could find another hidden gem   , growth 100x will be our opportunity.
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