We continue our review of the best deals of 2020. Previously we determined the best trades with currencies and metals. Today we will focus on the best deals in the CFDs + Indices category, as well as in the "Other Assets" category.
CFDs & Indices.
Investors who prefer to trade in company shares did not make a mistake in their choice. Most indices recorded multi-year or historical highs in 2020.
Optimism was off the scale, although at first it seemed that the pandemic would bring down the entire world economy along with the value of indices, as it happened with oil. However, there were traders who were not afraid to buy shares and after all we can see that they were right in their choice.
The most profitable, of course, were investments in e-commerce companies. Number one in the ranking is Amazon (#AMZN). Even before the outbreak of the pandemic, it was clear that this company is very promising. But 2020 has made the company's stock much more expensive than you might have forecasted.
In January the shares traded at a price of $1,887. 99, while on the last trading day of the year, they could be sold at a price of $3,268.57. Thus, in annual terms, the shares rose by 73.12%, and the actual profitability amounted to 1450%. It was necessary to invest $9,500 to make a profit of $138 050 per traded lot, or $1,380.5 on each share you bought 12 months before.
Not inferior to Amazon, and even surpassing it by its profitability was trading in shares of Wizz Air. It seemed crazy to buy airlines' shares in 2020. However, in January, this was considered a very reasonable decision, because of which investors soon had to be nervous for several months, watching the rapid fall in the value of shares, while the business activity of the airlines was paralysed.
But they survived. There were no well-known airlines which went bankrupt in 2020. On the contrary, by the end of the year, Wizz Air shares not only recovered in price, but also rose, allowing traders to close the year in the green zone, with a profit of $64,851, or $648.51 on each purchased share.
However, trading with SuperForex, investors could also earn twice as much, opening the deals to sell in the winter of 2020 and then buying the Wizz Air shares at the minimum price of $2,058. So, on December 31 they could be sold at $3,931.43, fixing a profit of $187,273, or $1872.3 per share. It was necessary to invest $10,250, which in nine months was multiplied 18.27 times (1827%).
The deals with Tesla, Samsung and Microsoft shares are also in our top 5.
Other assets (Futures + Cryptocurrencies).
In the “Other assets” category, the deals with cryptocurrencies and direct investments in Bitcoin remain the undisputed leader. On the first trading day of 2020 Bitcoin traded at a price of $7,137, while on December 31, 2020, it could be sold at four times more - $28,864.
The only disadvantage was the high cost of opening and holding the deals with Bitcoin, which could take up to 20% of the profit. And yet, by investing $4,000 in the cryptocurrency, and opening a deal with one lot of BTC/USD, you could expect $20,000+ in net profit, which makes this deal rightfully one of the best for the whole of 2020.
Thus, in each group of assets, we easily found several super-profitable deals in 2020. In the new year, we will undoubtedly receive a new rating of equally profitable deals. It is very easy to open them at any time of the day or night, together with SuperForex. Don't miss out on the new opportunities that are opening up for you today. Trade with SuperForex and we hope next time you can see your deal on our list of the best deals of 2021.
