Bitcoin
BTC$70 223.87

0.77%

Ethereum
ETH$3 561.28

0.86%

Tether
USDT$1.000075

0.04%

Binance Coin
BNB$611.56

4.56%

Solana
SOL$186.31

1.37%

XRP
XRP$0.617884

1.08%

Playing it safe: Price, Change and Charts


Bitcoin
Bitcoin$70 223.87

0.77%

40% ↑ 828.64%
Ethereum
Ethereum$3 561.28

0.86%

20% ↑ 2 567.96%
Chainlink
Chainlink$19.00

-1.37%

10% ↑ 876.32%
EOS
EOS$1.13

7.44%

10% ↓ 55.87%
Bitcoin Cash
Bitcoin Cash$572.85

6.51%

10% ↑ 191.45%
Monero
Monero$136.85

-0.68%

5% ↑ 184.17%
Tezos
Tezos$1.43

4.74%

5% ↓ 5.79%
Author: Ghost Trader
Last updated: Monday, December 23, 2019 9:41:36AM UTC
Current price, USD: 28 868.02
Change, %: 839.08

Portfolio description

My goal was to create a diversified portfolio that will include safe investments, but also take a small risk or two, in cases where I was not certain what to expect. Reasons why the portfolio is dominated by Bitcoin are pretty clear — it leads the market, it is universally accepted, and it is the brand that most people around the world have at least heard of, at this point.

As such, it also has the greatest number of real-world use cases, and it will likely be here for as long as the crypto industry exists. In my opinion, it is the safest investment that can be made by anyone who invests in crypto. If you invest in Bitcoin and it drops - you lose, just as you would lose if you invested into any altcoin. If you invest in Bitcoin and its price grows — your gains would be far greater than those seen by anyone who invested in altcoins alone.

Then, I decided to put 20% in Ethereum. I also think that this is not that surprising. It is the second-largest coin, and while it did lose that place to XRP in late 2018, it got it back and advanced, while XRP currently doesn't do much. Ethereum is a go-to platform for most people who are interested in dApps, smart contracts, or token development. It is also second only to Bitcoin when it comes to familiarity and acceptance, so I believe that 20% is the right amount for ETH. Next, I put 10% into Bitcoin Cash, EOS, and Chainlink.

For a time, I was thinking about whether LTC might be a better option. It is quite old, and it went through thick and thin, and it is still here. But then again, so did BCH, and it has 'Bitcoin' in the name, which could be an advantage, no matter how unimportant it may seem.

Both performed good in 2019, and both are tied to BTC, which dictates their behavior. I also put 10% in EOS as it is still the second most popular development platform, with the potential to beat ETH someday. As for Chainlink, it also performed excellently this year, especially when it spiked in late June and early July. While it did seem quite a harsh drop after the spike, it did stay far above the price it had in January, so I think it might go back up, maybe even higher. Finally, I put 5% in Tezos, and as much in Monero. As a privacy coin, Monero might stick around for a long time, as it is useful to those who wish to truly stay anonymous. It is larger than other privacy coins, it has great technology, and I think it performed decently so far. Tezos also had great performance, but I am unsure about its future. It is good for smart contracts and dApps, but there are projects like EOS that are better-known and more popular, which is why XTZ only gets 5%.

Historical data for portfolio

We list daily historical data for the past 10 days

Date Price, $ Change, %
Mar 20 25 419.84 726.91
Mar 21 27 904.85 807.75
Mar 22 26 936.88 776.26
Mar 23 26 149.26 750.64
Mar 24 26 361.60 757.54
Mar 25 27 641.95 799.19
Mar 26 28 760.70 835.59
Mar 27 28 771.38 835.93
Mar 28 28 544.72 828.56
Mar 29 29 077.28 845.88

Playing it safe change chart — 7 days

Playing it safe change chart — 30 days

Playing it safe change chart — 60 days

Playing it safe price change (24h)

Playing it safe T-Bone September 7, 2020
In the recent past, bitcoin has been credited with correlating with the stock market as well as with precious metals. Now the situation may develop in this way, all will fall and grow at once. Investors found themselves in a complex turbulent risk environment, in which they can only survive by rebalancing portfolios, a small part of which is now in bitcoin. The Greed and Fear Index for Bitcoin and the largest cryptocurrencies is in “fear” mode, indicating the emergence of prospects for a rebound in the crypto market. Probably, the primary impetus for the recovery can now come from the DeFi sector, which is already showing more and more confident growth attempts.
Playing it safe Proto_Plasma August 18, 2020
Bitcoin can act as a “defensive asset” for traders and investors looking for alternative investment vehicles.
Playing it safe TomGainz January 2, 2020
Ethereum won't last for much longer, IMO, I'd sooner put 20% in BCH or EOS if you want to play it safe. Chainlink is a good one, and XTZ did see a rise while most others only saw drops, so I get that too. You could have also added some % of LTC while reducing ETH. That way you could have put BCH and LTC, with no need to choose between them.
Playing it safe TradingSmoothly October 3, 2019
I like your choices, and I can understand why you put this combination. Projects acting as development platforms have a greater chance of surviving if Bitcoin happens to just go away, since most people are interested in blockchain, even if they are against cryptocurrency.

Reviews

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2024 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.