You are new to the crypto industry; you have heard a lot about crypto millionaires; now, you are in the crypto-verse to become one. You are excited but have no idea where to start. Well, you reached the right starting line.
Creating a strong crypto portfolio generally requires following the same principles you do when building a traditional investment portfolio. The primary tenet of a budding crypto portfolio is diversification.
To diversify, you should start by investing in different types of cryptocurrencies. You should choose the cryptos that reflect the risk you are comfortable with and the potential rewards you seek to achieve with the portfolio. We do not suggest you go tens of thousands of dollars deep into Bitcoin. So, if you are new to crypto, here are the cryptocurrencies with which you should start your portfolio.
Avalanche (AVAX) Can Give You Periodic Returns
Avalanche is a decentralized blockchain platform with a mission to become the best possible platform for high-speed and low-cost crypto transactions and leave Ethereum behind. Avalanche can already process 4,500 transactions per second. Avalanche is also designed to be scalable and eco-friendly.
Avalanche has already impressed its investors with its price charts. However, it does undergo price fluctuations every now and then. The primary reason for Avalanche’s volatility is that it’s a new cryptocurrency. Avalanche was launched as recently as September 2020 by Ava Labs. Since Avalanche is still in its infancy and is showing high potential, it is expected to show multiple spurts of growth. This makes it perfect for building a new portfolio – it’s a strong crypto with a good record and still has an interesting growth trajectory in front of it.
Litecoin (LTC) is the Safety Net
Litecoin launched shortly after Bitcoin, which makes it one of the oldest cryptocurrencies in existence. It is not just a familiar coin in the market but also a highly stable too. The primary use of Litecoin is using its blockchain to send payments across the globe. Props to Litecoin for surviving the crypto market for such a long time and still going strong.
There is little price movement in Litecoin. So, it is usually used by crypto investors to park their capital when the crypto markets are going haywire or as a stable store of value that grows consistently.
Litecoin has not just been stable but has also stayed affordable. So every new crypto investor should have Litecoin in their portfolio. Litecoin will help them balance their portfolio while registering steady growth. Litecoin is where you start to get a flavor of the crypto market.
TMS Network (TMSN) is the Money Maker
TMS Network (TMSN) is a blockchain-based decentralized trading platform that allows its users to trade in multiple asset classes, including equities, cryptos, CFDs, and Forex. They can then withdraw their balance in the form of crypto. TMS Network is a new crypto with a highly utility-driven use case. So, as soon as it was launched, it generated incredible interest among crypto investors. TMS Network features built-in apps to radically improve the trading experience of crypto investors. Additionally, the smart contracts platform allows developers to build more complex and advanced apps to deliver superior trading-related resources and services to TMS Network’s users.
TMS Network should be a part of your new crypto portfolio because it will multiply its value. The new crypto is affordable to buy and is appreciating in value quickly. TMS Network will be the money maker for your portfolio.
You can find out more about TMS below:
Whitepaper: https://tms-net.netlify.app/whitepaper.pdf
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
