Bitcoin
BTC$70 181.59

-0.59%

Ethereum
ETH$3 549.53

-0.77%

Tether
USDT$1.000206

0.07%

Binance Coin
BNB$615.62

4.81%

Solana
SOL$185.71

0.24%

XRP
XRP$0.629847

1.42%

Highly risky: Price, Change and Charts


Bitcoin
Bitcoin$70 181.59

-0.59%

50% ↑ 502.22%
Ethereum
Ethereum$3 549.53

-0.77%

15% ↑ 803.76%
XRP
XRP$0.629847

1.42%

15% ↑ 122.05%
Litecoin
Litecoin$102.75

8.29%

10% ↑ 72.29%
Zcash
Zcash$31.08

-0.44%

10% ↓ 61.77%
Author: Casual Millionaire
Last updated: Sunday, August 23, 2020 3:44:21PM UTC
Current price, USD: 35 596.64
Change, %: 503.34

Portfolio description

Investing in only one currency is risky. Especially if it's not bitcoin. The fact is that the cryptocurrency industry can hardly be called reliable so far, and any altcoin can easily fall by 200-300% or even simply disappear. It is not worth composing your digital portfolio from one bitcoin, or even less another cryptocurrency. It is necessary to diversify your investments.

Even if Bitcoin does not collapse, it may simply stop at the current mark of 10 thousand dollars. Then investing in it will not bring any profit. That's why you need to fill the portfolio with other promising digital currencies. It is clear that if cryptocurrencies from the top 10 by capitalization are included in the portfolio, then doubling of investments can be expected for a very long time.

Bitcoin, Ethereum and XRP can stagnate in one place for ages without any profit. An ordinary portfolio with relatively low risk consists of 70% of the top 10 coins and another 30% of the top 30 coins. Such a portfolio can double for many years. That's why it is more profitable to compose a portfolio in other proportions, adding cryptocurrencies from the top 100 to it. A portfolio consisting of only a quarter of top-10 tokens, 50% of top-30 tokens, and another quarter of top-100 tokens can be considered risky. Such proportions are most often used by experienced investors to get profit in a relatively short time.

Tokens of potentially successful ICOs can also be added to the portfolio. The latter can grow by 1000% in a short time. Of course, it is very difficult to guess which ICO project will grow and which one will fail. It is interesting to use the following trick: add half the cryptocurrencies that usually grow with BTC to the portfolio, and fill the rest with cryptocurrencies that usually fall with the growth of bitcoin. Such a portfolio is well suited for saving funds, but it is unlikely to yield significant profits.

Historical data for portfolio

We list daily historical data for the past 10 days

Date Price, $ Change, %
Mar 20 31 414.05 432.45
Mar 21 34 478.78 484.39
Mar 22 33 270.80 463.92
Mar 23 32 300.95 447.48
Mar 24 32 561.76 451.90
Mar 25 34 147.06 478.77
Mar 26 35 531.63 502.24
Mar 27 35 547.03 502.50
Mar 28 35 264.41 497.71
Mar 29 35 920.68 508.83

Highly risky change chart — 7 days

Highly risky change chart — 30 days

Highly risky change chart — 60 days

Highly risky price change (24h)

Highly risky T-Bone October 2, 2020
Bitcoin ended September with a loss of about 8%. However, despite the depreciation, BTC still has the potential for a new leap. The decline in cryptocurrency last month is due to a negative correction in the US stock market. Over the past week, 72% of participants out of 250 leading digital currencies fell, in a broader format it is clear that alternative cryptocurrencies are holding up well. The leading altcoin Ethereum (ETH) has grown by 180% since the beginning of 2020. Bitcoin cannot boast of such growth and many are frightened by the increased dependence of cryptocurrency dynamics on the mood of traditional markets.
Highly risky Crypto Pacifi$t August 13, 2020
Over the past seven days, the cryptocurrency market capitalization has grown by almost 1.5%. At the end of this week, we can say that the total capitalization showed a slight increase, in which not only Bitcoin, but also currencies with low capitalization actively participated.

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