Hi Everyone!
I was recently asked the question "what are the most popular cryptocurrencies for investors?" This led me to take some time to investigate what assets were the most popular on our portfolio management application. After evaluating tens of thousands of portfolios, we published this brief study.
The Cryptocurrencies People are Actually Holding
I'd love for you to give it a read and let me know if you were surprised by any of the assets that were popular.
I can't wait to discuss!
Although most people have mentioned that bitcoin is still the dominant cryptocurrency to invest on, I would suggest ETH and XRP as altcoins that have a potential in the market. One of the ways in maximizing your profit while lowering the risks is through diversifying your portfolio. If you only utilize bitcoin as your main source of investment, you would still incur profit but lose the potential of increasing your profit margins.
Ethereum has shown potential through the years. I read in an article that Ethereum might be a better internet currency than bitcoin because of the latter's volatility.
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1 https://cryptoslate.com/data-shows-ethereum-is-becoming-a-better-payment-method-than-bitcoin/