10 Cryptocurrency Investing Insights As 2021 Kicks Off

We covered cryptocurrency investing extensively lately, with several 2021 crypto forecasts. This article highlights 10 of what we consider key insights for 2021, and is meant as a summary for crypto enthusiasts that don’t have the time to read all our materials in detail.

We mention the source and one or a few quotes that highlight a key insight.

And no surprise that we want to start with our favorite topic: XRP forecasting.

20 USD: Our XRP Price Forecast For 2021 Is Underway

The evidence is growing: annual XRP price forecasts by InvestingHaven’s research team are spot-on. We have a high level of confidence that our XRP price forecast for 2021 will be highly accurate, regardless of the ‘collective opinion’ on XRP.

The article has a great XRP chart, worth your time. This is the commentary in a nutshell.

If we look at the long term XRP chart it is pretty clear that XRP 3 USD is now underway. It may happen early 2021, mid 2021, or late 2021. What matters is this: investors need to let the market do its thing, as the market will make its way higher to 3 USD XRP. It will also make apparent that 20 USD is underway, regardless whether XRP will hit 20 USD already in 2021 or beyond.

2021: Massive Cryptocurrency Adoption Will Trigger A Boom In Crypto Markets

Yes, we expect 2021 to be a breakthrough year for crypto adoption.

Our bold prediction for 2021 is that the banking world will start adopting cryptocurrencies. A massive cryptocurrency adoption wave is about to start in 2021. Think of a central bank that will use a cryptocurrency to digitize their national currency. But also think of a banking consortium that will support their payment infrastructure with cryptocurrencies.

But Asia will lead the way, and the U.S. will follow.

Now the digital Dollar by the U.S. Fed may or may not be there in 2021, we don’t know. It looks like it will come a bit after China or Japan’s central bank accouncement.

Even then, with adoption at scale, we expect crypto to be a bifurcated market.

We also do expect some, not all, cryptocurrencies to do well. That’s why the largest cryptocurrencies like BTC, ETH and particularly XRP should be part of anyone’s crypto portfolio … now … before the adoption is confirmed.

6 Must-Read Cryptocurrency Predictions For 2021

Institutional investors will accelerate their exposure to crypto markets.

Massive amounts of capital will be slowly but surely flowing into crypto markets in 2021. As regulatory restrictions get resolved, as the trading and investing platforms mature into more user friendly interfaces, as BTC is less volatile as it was in the previous 2 bull markets … it will all contribute to higher levels of confidence among institutional investors.

The long term BTC chart below comes with 2 comments.

From a chart perspective this chart is absolutely fabolous, simple as that. And yes this points to much, much higher prices in 2021. Why not 50k BTC in 2021?

And the 2nd comment:

The 2018 to 202 period is a giant reversal, really huge. And this tells one thing: once above 20k it is ‘hallelulaj time’. Better ensure to be correctly positioned NOW, before 20k is hit, and don’t touch those coins until we flash a this-is-a-major-top similar to what we did on Dec 31st, 2017.

secular crypto bull market

Bitcoin Has Become the Institutional Stronghold of Choice

Particularly as futures, DeFi, and Fintech continues to grow and complete bitcoin’s long searched for allegory to fiat. Showing that cryptocurrency can absolutely become a better system of finance, and one that is worth getting in on at ground floor. As more large trusts, like the Grayscale Bitcoin Trust, continue to pump investments into bitcoin, and more bitcoin is being locked up and scooped up, suggests that the future of bitcoin isn’t just bright and golden, but also rock solid.

Crypto Bull Market About To Accelerate: 2021 About To Become A Replay Of 2017?

Yes, a replay of 2017 may be the in the making.

We start getting a 2017-feeling. No, not the end but the beginning of 2017 is where we are right now if we use that analogy. So, are we saying that the big crypto boom is only about to start, and that the multi-fold rises of 2020 in some cryptocurrencies (including BTC) is just the beginning? Yes, that’s what we are saying, exactly that!

No, it won’t play out exactly as in 2017. The rise is slower, and not all coins will get a similar bid.

 

 

 

Disclosure:InvestingHaven was the first in the world to offer a Crypto & Blockchain Investing Service. ...

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