Experts told which digital assets should be in the portfolio of each investor.
The opinions of experts may not coincide with the position of the editorial board. RBC-Crypto does not give investment advice, the material is published solely for informational purposes. Cryptocurrency is a volatile asset that can lead to financial losses.
Financial analyst of the crypto exchange Currency.com Mikhail Karkhalev
I always agree on the inclusion of crypto assets in the portfolio: they should be leaders in their field, or promising projects, but only after their qualitative research. Since this is an exclusively individual approach, we will take as a basis the top projects in their areas, namely:
Bitcoin should be in the portfolio of any investor, as the main and most popular cryptocurrency.
Ethereum should also be in the investor's portfolio, as the second largest cryptocurrency by capitalization, thanks to the blockchain of which 95% appeared in the crypto industry.
Uniswap is the leader among DEX, one of the most undervalued tokens on the market.
1INCH is a liquidity aggregator for DEX, a dynamically growing project, a leader in its direction.
Solana, Matic, Near are projects with high blockchain throughput, cheap transactions, some of the most promising in the crypto industry. These projects have attracted huge investment capital and have enough resources, including an active audience for further growth and development.
The Sandbox and Decentraland are leaders in the actively developing direction of Metaverse. The most popular projects, the value of land plots in which is estimated at tens of millions of dollars and is bought by brands such as Atari, Adidas, Gucci, Ferrari and others.
The tenth asset I would include in the Litecoin portfolio, which, in my humble opinion, is one of the oldest and most undervalued cryptocurrencies on the market.
BitRiver Financial Analyst Vladislav Antonov
In 2020, during the pandemic, cryptocurrencies had a close connection with the stock market after the collapse of American stocks and the rally of the US dollar. Since that moment, the cryptocurrency market has become very sensitive to geopolitical risks and the decisions of central banks to move to tightening monetary policies. The status of bitcoin has changed from a "protective asset" against inflation to a "speculative risky asset".
Cryptocurrencies themselves have a high positive correlation with each other. This means that the prices of the top coins move synchronously after each other. If the American stock market collapses under the influence of geopolitical factors, bitcoin will fall in price. Altcoins will weaken behind bitcoin.
We conclude that it does not matter which tokens will be in the portfolio in 2022. If traditional markets are under strong pressure, then the cryptocurrency will also fall in price. It will not be possible to diversify the cryptoportfel with other tokens from crises. But you can choose coins that are interesting to investors and will rise in price when the markets calm down and a new rally begins.
Bitcoin must be in the investor's portfolio, because it is in high demand on crypto exchanges. He is known all over the world, does not need advertising. The capitalization is $762 billion.
Ethereum remains a popular project. Users are happy with the transition of Ethereum to the Proof-of-Stake algorithm. This helps in speeding up Ethereum transactions for smoother operation of decentralized applications. The token is a good investment asset. Also does not need advertising. The capitalization is $337.2 billion.
Dogecoin was a joke coin, but with the support of Elon Musk and Vitalik Buterin, it became a serious project. The capitalization of the token is $18 billion against $726 million at the beginning of 2021. The Dogecoin Foundation has released the Dogecoin Roadmap (DOGE) for 2022. The developers focused on creating and implementing new products for mass adoption of cryptocurrencies.
Cardano (ADA) is an ambitious project. The steady implementation of the roadmap is a guarantee of the preservation of the upward trend in the long term. The developers focused on optimizing the performance and scaling of the blockchain. The increase in Cardano's performance and bandwidth will have a positive impact on the price. It occupies the 7th place in the rating with a capitalization of $33.8 billion.
Solana (SOL) has a good reputation among developers and specialists in the field of finance. The blockchain network presents new unique technologies that provide users with unsurpassed transaction speed and enterprise-level security. The NFT and DeFi markets will continue to expand. The SOL token will become more expensive along with the general growth of the DeFi sphere and the demand for a platform for creating decentralized applications. It occupies the 8th place in the rating with a capitalization of $29.3 billion.
Polkadot is a project created by Ethereum co-founder Gavin Wood, which allows combining various blockchains into a universal network. The project uses the "Proof of Stake" mechanism and an internal "DOT" token. The Polkadot network is of fundamental interest to investors. The number of participants in the Polkadot ecosystem will only increase. It ranks 17th in the ranking with a capitalization of $17.8 billion.
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