These are the seven cryptocurrencies that made the most profit in 2021

These are the seven cryptocurrencies that made the most profit in 2021

According to Chappuis Halder & Cie, more than 52.4 million people worldwide are invested in digital assets.

This year has been a very positive year for cryptocurrencies. According to a French consulting firm Chappuis Halder and Cie study, more than 52.4 million people worldwide invest in digital assets. This number will continue to grow as their transactions become more manageable, more accessible to all continue to generate record profits.

In this context, in 2021, the cryptocurrencies with the best positions in the ecosystem are Bitcoin, Ether, and Binance Coin. Still, they are not the only ones: digital coins such as Solana, Luna, Dogecoin, Polkadot, and Cardano have also had brilliant results.

All those investors who bought some of the cryptocurrencies above earlier this year have not lost a penny but have seen their capital grow and reap huge profits.

Below we'll show you how the most popular cryptocurrencies in the ecosystem have evolved from January 1 to today, December 7.

Ten cryptocurrencies that made the most profit in 2021

Some indicators give clues about the most profitable cryptocurrencies this year. To develop this classification, some notes from Chappuis Halder and Cie, created by a "team of managers and entrepreneurs in the telecommunications and industrial services sector, with economic interests in various sectors," have been taken as a reference.

1. Bitcoin

On January 1 of this year, the popular cryptocurrency reached US $ 29,001, and today, its price is around USD$ 51,700. As a percentage, investors who bought Bitcoin at the beginning of the year and did not sell a single cent of Bitcoin got a return of 78%.

2. Ether

The intelligent contract network cryptocurrency Ethereum traded at $730 on January 1, 2021. Today, its price has reached $4,400. As a percentage, Ether investors have made a gain of about 502%.

3. Binance Coin

The Binance exchange launched its cryptocurrency in 2011; it has positioned itself as the third most valuable asset in the entire ecosystem. At the beginning of the year, it was trading at USD$ 38, and today, its price is USD$ 580, which means that it gave a return of 1 00% to its investors.

4. Cardano

The Cardano cryptocurrency, known by its abbreviation ADA, was trading at USD$ 0.1842 at the beginning of this year. Today it costs around $1.43. In total, this cryptocurrency has given a 670% return to its investors.

5. Moon

The Terra blockchain token is trading at USD 70 today, but as of January, it is worth USD 0.6713. As a percentage, Luna investors have made over 10,000% on crypto.

6. Dogecoin

The famous dog cryptocurrency has been all the rage this year. Today it is trading at USD 0.18, and on January 1, its value was USD 0.005685, which means it has increased 3000% in less than a year.

7. Polkadot

As of January 1, 2021, the DOT cryptocurrency is priced at USD 9. Today it costs USD 30. As a percentage, investors gained 233% with Polkadot.

How to know if a cryptocurrency is profitable

Several factors make it profitable, or not, to manage a cryptocurrency in question they are:

The price of the cryptocurrency.

Block generation: the more blocks you generate, the more options you have to earn the block reward.

The number of miners: there are more and more of them, which means that in some cases, it is better to stay away from the classic cryptocurrencies; in the list below are the leading coins and even some more unknown ones.

Hardware: some cryptocurrencies are more accessible to mine than others, and in many cases, it depends on the initial investment, those that can be mined with CPU or GPU logically involve less expense.

Halving: halving the reward for mining a cryptocurrency. In the latest bitcoin halving, the tip dropped from 12.5 bitcoins to 6.25.

How to build the Crypto folder

• 50% Bitcoin: today, it is the cryptocurrency that has become the most stable and the one that best absorbs the firm corrections of the market.
• 30% Ethereum: has similar behavioral characteristics to Bitcoin, with the advantage of having more significant potential for upward travel.
• 20% Inance, PolkaDot and ADA.

In addition, in the world of finance, depending on the characteristics of these assets, specialists advise not to allocate more than 15% of the portfolio capital to currencies that are outside the 15 cryptocurrencies with the largest market capitalization, as It can be difficult to have to disassemble the position finally.