Portfolios: Traders' Comments and Reviews

Litecoin is considered a promising currency by investors. It has existed since 2011, has a proven history, a large number of users and deservedly remains in the top of the best cryptocurrencies for investment since 2012. Ethereum is the preferred platform for ICOs, and many industries are currently exploring how blockchain can be used to track products and optimize supply chains. While most ICOs of new cryptocurrencies use the Ethereum blockchain technology, its own Ether coin is popular as a cryptocurrency in its own right.

I doubt that we have entered a stage of long-term growth in BTC. The surge in cryptocurrency was the result of capital inflows into risky assets. Since May, bitcoin has been trading in a narrow range of $ 9000-10000. For a long-term and multiple rise in the price of bitcoin, the cryptocurrency market does not have enough institutional investors. To overcome the psychological barrier of $10000 bitcoin needs additional capital inflows.

The benefits of long-term investments are associated with the growth trend of any asset. Historical economic statistics have proven: for the S&P 500 over a 5-year period, the average return was around 60%; the FTSE 100 index for the same time brought exchange investors 25%. Even congested markets tend to rise over a 5 year span of time, so long-term investment in a cryptocurrency portfolio is always safe. The described scheme was repeated almost every 5 years throughout the history of the economy for any financial instrument.

The FTX Low-Cap Altcoin Index has grown 144% since the beginning of 2020, doubling that of BTC. The increase in demand for alternative cryptocurrencies with low capitalization has been clearly visible in the dynamics of altcoins in recent times. The demand for small coins demonstrates that there is still hope for crypto market participants to find the next “unicorn”. Probably, this demand has retail roots, as the interest of institutions is focused on the most liquid instruments.

Although Bitcoin has been near the bottom of $9000 for a long time, this does not mean that there are no changes around other digital currencies. In particular, you should pay attention to stable crypto coins, which are steadily increasing demand. Coin Metrics data showed that the volume of transferable value in stablecoins exceeded $2 billion in July 2020, while the similar figure for bitcoin fell below $1.8 billion. The growth in demand for is a logical market response to the need for cheap and fast transfers without being tied to country borders.

Bitcoin has been in a debilitating sideways price trend for two and a half months. It began in the midst of a global lockdown in late April. However, it looks like bitcoin never got out of this state. In addition to weak price dynamics, trading volumes have also been declining for 2.5 months. They are now 80% lower than at the end of April. So right now, bitcoin doesn't look like a very attractive cryptocurrency that makes up the bulk of the portfolio.

You also need to be able to understand what kind of cryptocurrency is useless and you don't need to buy it. If the price, for example, is low, then this cannot be considered a bad coin.

Of course, each portfolio should contain both risky investments that will help make money in good times, and completely risk-free ones that will save funds in a crisis.

The most reliable cryptocurrency for investment, in my opinion, is still Bitcoin. I advise you to invest either only in BTC, or distribute investments in such a way that bitcoin makes up at least 75% of your portfolio. For those who want to build an extended investment portfolio, you can add three more coins that have the greatest growth potential in 2020. At the same time, I emphasize once again that 75-80% of investments are recommended to be invested in bitcoin.

In my opinion, the crypto portfolio should contain top coins (60%), cryptocurrency fiat (USDT) (20%), and 20% various tokens, which cost very little, but the prospect is great.

I consider earlier large-cap coins more promising. Such as LTC DASH XMR etc. And in this portfolio there are a lot of coins from drops and bounty. Perhaps their time will come someday, but not for the time being...

In addition to cryptocurrencies with low capitalization, Ethereum is a serious competitor to bitcoin. According to Messari, the growth in the number of active wallets of the leading altcoin is several times higher than Bitcoin and is 118% since the beginning of the year. Demand for DeFi is becoming the next growth driver, creating the basis for the purchase of tokens not only for speculative purposes. Just this was not enough bitcoin to steadily overcome $ 10K.

I admire the strong focus and evident belief that the portfolio owner has in privacy coins. It is clear that all major cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.) have failed to deliver on their promise of assuring total privacy and impossibility of tracing transactions. There is already a number of forensic tools, such as Chainalysis, which provide means for tracking Bitcoin transactions. And with the ever-toughening crypto regulation, many cryptos will be pressured into giving up its anonymity feats. Once that happens, the demand, and thus the value, of Verge and Monero would surge significantly. As for the other coins, TRX is definitely a good choice due to its fundamentals while the viability of NEO and ADA remains doubtful.

The inclusion of BNB is a crypto portfolio is a prudent decision that every wise investor/trader should have made over the course of the current year. Binance Coin performed immensely strongly during the first half of the year, losing its momentum a bit during the summer. Nevertheless, holding BNB is great in a mid to long-term run as it possesses the potential to reach $60+ in the next few years. In short, BNB is a must-have coin. It is evident that the portfolio owner believes in TRON Foundation and shaped his selection accordingly. I think that it is a good choice since both coins have good fundamentals and potential for growth.

To go all-in on altcoins can be considered a risky, if not reckless, decision because the altcoins wouldn't be able to get out from under Bitcoin's heavy foot with BTC dominance currently at 69.16% and rising. However, if the portfolio owner is willing to arm himself with a great deal of patience and wait for the next altseason, then this choice could be viable. Litecoin is past its second halving, which will reflect positively on its price in the coming months; EOS possesses superb fundamentals reflected in its price; LINK has had a tremendous price spike this year, then had a correction and it now likely to be trading sideways for a long time.

I could label this portfolio as a sure one. Needless to say that Bitcoin must constitute a significant part of any crypto portfolio since it currently represents the best store of value, apart from the physical gold. Litecoin just went past the halving and dipped a bit, but all indications are that LTC will reach $200 by the end of the year. Therefore, I think that the portfolio ratio should have been tipped in the favor of Litecoin because Litecoin Foundation has been very active this year, having secured multiple partnership deals, which will ultimately affect the price in a positive way.

Evidently, the person who compiled this portfolio tends to determine the investment worthiness of certain cryptocurrency on the basis of its fundamental rather than the expected price movement. Although we all know that in the case of the crypto market, nearly all price predictions are only slightly more accurate than the crystal ball gazing. But it could be said with some degree of certainty that Chainlink is past its prime for this year, Stellar has lost its positions during the crypto winter and could be superseded by newly emerged coin. Tezos, on the other hand, has by far provided a very modest ROI of 119%, so it has plenty of room to grow.

This portfolio is guaranteed to bring its owner quite a tidy profit, mainly because it is comprised mostly of Bitcoin which, as things stand, represent a sure bet. Although we've been witnessing a steep correction of Bitcoin and altcoins over the last month and a half, there is little doubt that BTC will remain bullish in the long run. As for the rest of the portfolio, I would have allocated a larger percentage of it to Binance Coin. Whilst Ethereum remains one of the main players, it's BNB that has been displaying superb gains this year. It's definitely aiming for the Top 5 spot, so if I was up to me, I would have rationed this portfolio the following way: 60% - BTC, 20% - ETH, 20% - BNB.

I consider this portfolio to be weak and unpromising. First of all, it is the "all-alts" portfolio, which goes against the logic of the crypto market in 2019 with its all-encompassing Bitcoin dominance. Secondly, all three coins have been performing relatively poorly over the course of this year, even in comparison to other alts like EOS, Cardano, etc. IOTA's price chart has been mostly flat whilst other alts pumped. Stellar was doing a bit better, but not particularly great, while XRP may have good fundamental, like the other two coins in the portfolio, but I doubt that it will translate to substantial gains, at least till the start of alt season.

I totally disagree with people who are lamenting about the uselessness of altcoins. Please don't forget that just like the traditional financial market, the cryptocurrency one also develops in cycles. It means that the present Bitcoin dominance will decrease sooner or later which will inevitably result in the rejuvenation of altcoins. Therefore, now is the best time to stock up on altcoins, just like the portfolio owner did, and just sit tight. As for the portfolio composition, it is good throughout with all four cryptos showing great promise.

In my opinion, Monero and Verge are better in terms of the practical application of their privacy features, but I wouldn't bet on them being a promising investment option. Certainly, the demand for privacy coins will rise as the governments will seek more encompassing regulation of the crypto space, but I highly doubt that it would provide a significant push for their value. NEO did not show any impressive gains even during this year's bull run, so I am not sure why the compiler included it in his portfolio. Same applies to Cardano. TRX is the only cryptocurrency here that will surely grant decent profits in the near future.

I absolutely agree with the first three positions in that portfolio while the investment viability of the other three cryptocurrencies is doubtful. Giving half of the portfolio space to Bitcoin is a smart and well-calculated move since BTC is by far the only crypto that provides a relative guarantee of profitability in both the mid term and long term run. Binance Coin has been a strong performer this year but I believe that it had already begun to lose the momentum, though it will continue to show mild gains in the next few months. Ethereum is also a safe bet, despite the fact that it has been relatively weak in its recovery after the bearish period.

I find the investment logic of the owner of this portfolio a bit weird. He has deliberately devoted equal portions of this money to the competing projects. So, if one of them, for instance, EOS, manages to succeed in "killing" Ethereum, and other competitors by association, that would result in substantial losses on at least two positions. Compiling a crypto portfolio is all about betting on cryptos that promise largest gains while trying to counterbalance potential losses. This portfolio composition is almost guaranteed to bring losses to its owner.

I salute the decision to devote half of the portfolio space to Bitcoin since it is virtually the only reliable cryptocurrency in terms of future gains. Many predict that it will reach $100K the year after the next, though I wouldn't be that optimistic. But if you invest in it now, when the price is waltzing around $10K, be prepared for at least 100% gains in the coming months. I am also very fond of BAT as it shows great promise. I've been using Brave Browser for some time and came to the conclusion that it is a super product which will surely get plenty of traction and push the BAT price to new heights. TRON is also a good choice, though I am not a fan of the project because it tends to create unnecessary hype.

Bitcoin is a staple cryptocurrency for any investor, so there is really no point in discussing the necessity of having it in one's portfolio. However, I would question the practicality of devoting as much as 70% of the portfolio to BTC. The rule of thumb for portfolio formation is to avoid putting most of the eggs in one basket, even if the eggs appear to be golden at a given period of time. Diversity is the key to the formation of the profit-bearing portfolio. In this regard, I don't consider BNB as appropriate crypto for portfolio diversification, mainly because this coin has virtually no practical use outside the Binance ecosystem.

This is a spectacular example of a weak cryptocurrency portfolio. I don't mean to be rude, but it seems to me that the person who compiled this portfolio took advice from YouTubers who label their video as "These cryptos will moon in 2019" or something. Out of the present four, only BAT holds great promise because the project has a magnificent product (Brave Browser) and a competent team to see it through. LISK has been doing terribly lately, with its price showing no significant movements over the course of this year. XEM has also been struggling after NEM Foundation nearly went bankrupt. All in all, three out of four cryptos in this portfolio have little to no investment worthiness.

I totally support the decision of going heavy on Bitcoin Cash as it has indeed performed really well over the course of 2018, having gotten close to reaching its all-time high but then retracing to around $280. Nevertheless, BCH has shown its strength by pushing Litecoin off the 4th spot, with Ripple being its next target. Dash has been a bit weaker in terms of gains this year, having displayed less than 300% increase, though now it's dropping to the February levels. ADA has also been performing amazingly this year and it's backed by a great tech, so it also represents a good choice. All in all, I would give this portfolio 7 out of 10.

The portfolio at hand carries a double risk because a) it is comprised of altcoins, only one of which (EOS) is currently in the Top 10, b) these cryptocurrencies share somewhat similar fundamentals which makes them competitors, thus making losses on this portfolio more probable. Besides, it is my conviction that the entire concept of "Ethereum killing" has been devised mainly for marketing purposes. Some of my friends tried to migrate to EOS from Ethereum but ultimately grew disappointed in the network features and functional capabilities. Besides, don't forget that the Ethereum team is not standing idle, working towards the 2.0 version with its sharding and PoS features.

Portfolios Reviews & Comments - Page 12

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