Must Have Crypto in a Beginner's Portfolio
Jul 26, 20222 min read
What Is a Crypto Portfolio?
A crypto portfolio is a number of cryptocurrencies that an investor or trader has. Portfolios usually contain various assets, including tokens, altcoins, and crypto-related products. You can track a crypto portfolio using a spreadsheet or with special tools and software to calculate assets and returns. A portfolio tracker is best for these purposes. Trackers could be handy for day traders, short-term traders, and long-term investors.
They say that the golden rule is to diversify your portfolio, as diversification would help to protect your portfolio when the market is drawdown. But that’s always a good idea to have some pillar currencies you can rely on. Here we go!
4 Top Cryptocurrencies for Your Portfolio
Hold reserves in stablecoins such as USDC. It’s the most transparent one instead of pegged to the U.S. dollar. It’s controlled by the Centre consortium that was launched by Coinbase exchange and Circle company, which is the expert in financial technology. USDC is compatible with the majority of popular, well-known blockchain networks. It’s a good idea to use your USDC when the market is in a drawdown period.
- Create your USD Coin ($USDC) wallet right here.
The first cryptocurrency is better to buy for a long-term hodl. Bitcoin has been saving its leadership positions throughout its whole history, and its price shows an exceptionally increasing growth.
- Create your Bitcoin ($BTC) wallet right here.
The second cryptocurrency in turns of capitalization. Ethereum is saving its leadership position in the DeFi field regarding the number of users and blocked assets, despite its scaling issues. By analogy with Bitcoin, the coin’s price shows long-term growth as the crypto market is developing.
- Create your Ethereum ($ETH) wallet right here.
A native token of a popular blockchain BSC and Binance, which is one of the biggest crypto stock markets. The token is actively issued in the new Binance projects, paying fees within the blockchain, and it has a burning mechanism. The BNB’s price has shown confident growth since 2018.
- Create your Binance Chain ($BNB) wallet right here.