Digital money has a reputation for getting rich quick and easy. Experts told how to get profitability from 5 to 50 percent by the end of the year with the help of the new type of assets. However, you must be aware of the risks and follow some rules.

Since the beginning of the year, the cryptocurrency market capitalization has grown by 83%, to the current level of $ 350 billion. This dynamics is largely due to the development of the DeFi sphere, which is gaining popularity in 2020. Some tokens have shown multiple increases in value, for example, the YFI token. It was released on July 18 and added over 100,000% of the value in 2 months.

DeFi (the market for decentralized finance), despite the rapid growth of various tokens, can be advised with a great deal of caution, says Michael Ross-Johnson, CEO of cryptocurrency neobank Chatex. Tokens, which appeared in the summer, are now growing by thousands of percent, but this whole situation resembles the story of the ICO in 2017. The market may be overvalued and assets are in danger of plummeting after such an unsupported rally.

According to the expert, the most optimal investments at the moment are Ethereum (ETH) and Tron (TRX). The finalization of the new Ethereum blockchain - Beacon Chain or Phase 0 - is now being completed. Its implementation will become the starting point for the existence of Ethereum 2.0. As for Tron, in the summer, its founder Justin Sun announced the launch of the DeFi project JUSTswap. This is an exchange, an analogue of the popular Uniswap protocol, which runs on the Ethereum blockchain. Also, the launch of oracles for the TRON network is due soon.

Valery Petrov, RACIB Vice President for Market Development and Regulation, has a different opinion. According to him, if there is a goal with a high probability of making money in the next three months, then it is better to pay attention not to investments in cryptocurrency, but to investments in DeFi projects. In order to work in this market, you need to choose the right partner. First of all, someone who will allow you to legally deposit funds in cryptocurrency, and then legally withdraw them in rubles or in another currency.