Cryptocurrencies Are The New Alternative Investment

After the financial crisis of 2008, many financial firms and their clients recognized the importance of asset allocation and the need to diversify client portfolios. If major industry players like the US, China, STO India, Japan, and South Korea were to open up new ways for cryptocurrencies to be traded ‘” like the recent announcements regarding futures trading in the US ‘” prices are likely to spike. Don’t panic – Dips happen and they are healthy, nine times out of ten coins will dip and then bounce back.

Mid Cap: 11th to 50th biggest market cap coins. That’s why nothing beats having an investment plan and sticking to it in this highly volatile market. If a cryptocurrency has mooned 400% while others have remained stagnant, this asset could become 20% of your entire portfolio, even though you initially decided it would only be 5%.

It is Buy Any Cryptocurrency Currency Investment Strategies oldest cryptocurrency and it still dominates in the market. Arguably the opportunity to reap the largest rewards from Bitcoin has already passed, with those who invested in the unknown coin many years ago having made eye-watering returns.

In saying that, the technology is in a very immature state, and I wouldn’t consider it a sensible investment. In simple terms, fundamental analysis is the act of analyzing a number of factors that could indicate the viability of an asset (cryptocurrency). If you have a trading bot for a particular crypto, you might be amongst the very first people to have such a tool.

Crypto news sites reported on the consolidation; headlines everywhere reported that Bitcoin had surpassed the price of gold, and that it’s younger sibling” Ether had surpassed its previous all-time high. I’m investing for the very long term, and even my short-term trades are done with the goal of increasing the value of my portfolio for the long term.

8 January 2019


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