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What are the best digital currencies to include in a diversified portfolio?

avatarOnigiriDec 16, 2021 · 3 years ago1 answers

In order to create a diversified portfolio, what are some of the best digital currencies that should be included? Which cryptocurrencies have the potential for long-term growth and stability?

What are the best digital currencies to include in a diversified portfolio?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    As an expert at BYDFi, I would recommend considering a diversified portfolio that includes a mix of digital currencies. Bitcoin and Ethereum are the obvious choices, as they have proven themselves to be reliable and have a large user base. However, it's also worth looking into some of the newer cryptocurrencies that have unique features or are focused on specific industries. For example, Cardano is a blockchain platform that aims to provide secure and scalable solutions for the development of decentralized applications. Another interesting option is Polkadot, which aims to create a network of interoperable blockchains. By including a mix of established and emerging digital currencies in your portfolio, you can potentially benefit from both stability and growth.