For me the 3 biggest reasons for investing in crypto market in 2020, especially the top coins are:
1) Bitcoin halving event is coming in expectedly may.
2) Ethereum has also announced its improved Eth 2.0 version by mid this year.
3) Many countries are working on and coming up with pro crypto policies.
These events will have far lasting effects and i think that the last part of this year and next full year will be bullish so now is the best time to invest in top coins.
I believe that Bitcoin's halving event this year is one of the main reasons why everyone should invest into crypto. It's no secret that after each halving, prices rise like never before across the market. While Bitcoin and other cryptocurrencies had experienced a downfall in price because of the coronavirus pandemic, there's still light at the end of the tunnel. There could be an upsurge in demand across major cryptocurrencies as people continue to practice social distancing. The online world will grow like never before, making crypto the top payment option of choice for businesses, companies, and average individuals.
If you're considering cryptocurrencies that have been tried-and-tested over the years, look no further as Bitcoin and Ethereum fit the bill nicely. The second-largest cryptocurrency by market cap (ETH) will be experiencing PoS upgrades soon. This should make it faster and cheaper than ever to use for mainstream transactions. The upgrade could be a major boost to ETH's price across the market. There are so many good coins out there with potential to change our world for the better. Most cryptocurrencies on the top ranks in market cap are undervalued simply because they follow Bitcoin's price movement on the market. But they're superior than Bitcoin in the sense that transactions settle faster and fees are ridiculously low. Many people haven't noticed crypto's true benefits yet, but I believe they will as the pandemic continues to expand within the mainstream world.
Nonetheless, there's always a risk with every investment. Especially crypto which is well-known to be volatile in price at times. The least you could do is diversify your investment into not only crypto, but precious metals as well. That way, you could reduce risks of loss in case crypto behaves like crazy across the market. As long as you do that, you'll be safe from financial harm for many years to come. Just my thoughts
