The digital money market has a good chance of continued growth. And the current crisis is only good for digital coins as implementing anti-crisis measures the governments of many countries emit currency, which leads to its depreciation. In general, the digital market is characterized by strong volatility, or, in other words, sharp growth and decline spikes. In addition, the global value of cryptocurrencies recently exceeded a trillion US dollars for the first time. This suggests that digital currencies may surprise investors more than once in the coming months.
Again, let’s take the well-known Bitcoin as an example, when it falls and its price goes down, you see how the crypt loses its value. You agree, that it is difficult at such a moment to calmly observe without undertaking any actions. Unfortunately, no one owns some kind of magical device that would help predict this with 100% accuracy. But it can be stated with great confidence that it will rise again.
A typical portfolio that can be advised is as follows:
• half of the investment should be directed to BTC,
• 15% in ETH,
• 10-15% – in Litecoin,
• 20% stable coins and 5% other altcoins.
A number of experts believe that the tapering program, leading to a USD depreciation, will continue, which will have a positive effect on BTC. Beside that, the тnumber one coin is a market benchmark, therefore 30% -50% of your portfolio should be allocated for it. Bitcoin is promising, but not the only option in the digital asset market.
Ethereum is also worth buying. First, the project team is actively working to update Ethereum 2.0 and within a year at least the first stage will be implemented. Secondly, the coin and its network are used in the field of decentralized finance (DeFi). Many experts advise to allocate 10-20% for ETH.
Due to Bloomberg expert Mike McGlone’s, Bitcoin has significantly increased profitability than gold over the past year. Within 12 months, it has risen in price by 380% – up to USD 38.8 thousand. A new historical maximum of USD 40 thousand was reached by BTC on January 7, 2021. Gold prices have demonstrated 22% rise over the period. The prospect of investing in Bitcoin is significantly higher than in gold. McGlone expressed confidence that in 2021 Bitcoin should be expected to grow to USD 50 thousand, and its capitalization -up to USD 1 trillion.
The past week in the cryptocurrency sphere was extremely hot. The whole world again looked at the rapid growth of “digital gold”, while the total crypto market capitalization confidently stepped over the mind-boggling $ 1.1 trillion mark. The so-called “altcoins” also did not miss their chance.
NEM is a platform for quickly sending payments and creating software solutions on an open blockchain, based on the Proof-of-Importance algorithm, in which the probability of block generation depends on the significance of the wallet. NEM cryptocurrency forecast for 2021-2022 is pretty good. XEM token is a unit of value in the system, which can be bought on crypto exchange platforms in exchange for BTC, ETH or fiat money. Experts say that the token in question has a rather attractive future. They recommend purchasing XEM coins now.In case you have a question, what is better to change BTC to XEM ot EtH to XEM, than ETH to XEM is the answer. Leading investment funds are increasing the share of BTC in their portfolios. This cannot be ignored in order not to miss a possible strong growth wave. Bitcoin is considered the main crypto asset, everything is built around it, therefore its quote should be the largest one in your crypto portfolio.
