Design Your Ideal Portfolio For 5 Coins

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I often see tweets or posts asking what I would do if I suddenly had $10,000 to invest in cryptocurrency. I usually just immediately think to myself it would probably be best to just dump the whole thing into BTC, but that may be shortsighted with the returns and diversification opportunities that exist.

If I were to design a portfolio of 5 different coins, here is what I think I would do; this is by no means financial advice as there are thousands of coins and there may be hundreds that outperform my portfolio, do your own research for sure.

1. Bitcoin (BTC)

The first coin that I would include in my portfolio would be Bitcoin of course. It would be idiotic to think that anything other than BTC will remain the king of crypto for the foreseeable future. As countries begin to use BTC as a legal form of tender we will see demand for the coin rise exponentially and as we know... the laws of supply and demand favor this deflationary currency very much.

2. Hive Backed Dollar (HBD)

I am a huge fan of the Hive Backed Dollar despite currently selling mine off to rebuild my Splinterlands portfolio. To be able to earn a 10% interest rate on your HBD savings is insane as the token hangs firmly around that $1 mark... most of the time. As Hive becomes a more popular platform, these tokens will become increasingly important in terms of how much influence you are able to secure in our ecosystem as well as providing a safe and consistent return on your holdings.

3. Chiliz (CHZ)

This coin was just listed on Coinbase, but I have been a huge fan since I heard of it many months ago. This token is the governance token for the Socios.com platform. This platform funds token offerings for fan tokens of professional sports teams. With sports being such an enormous market and cryptocurrency gaining favor in their marketing schemes, I can only imagine that sports-based tokens will find massive success in the future.

4. Thorchain (RUNE)

Many on here know of Thorchain already as this is where I first found out about it. They have had many problems over the last few months regarding the security of their platform, but as each day goes by, the security is getting better and better. This platform will help to enable decentralized trading and DeFi for years to come.

5. Polygon (MATIC)

This token will eventually kill Ethereum if the ETH developers don't figure out how to reduce their ridiculous gas fees. Polygon is an Ethereum sidechain that is much more affordable to use and does most of the same functions. I imagine this token will see great growth over the years as they are much more scalable than ETH.

Why Not Hive?

I did not choose to invest in Hive or Hive-Engine tokens for the sole reason that those can be earned by blogging. I am firm believer we will see numerous tokens succeed from our ecosystem. Keep blogging. Keep earning. Keep going.

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My name is Rob and I am a college student doing my best to get involved in the crypto world. I have enjoyed blogging thus far and thank you for reading my article! Give me a follow and let’s build the community together through consistent engagement

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4 comments
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An interesting bit of 'non-advice', keeping a portfolio simple is a good idea, particularly for early participants. A couple other tokens and platforms worthy of watching are the STX (stacks token), the Hedgehog and Polkadot platforms.

Stacks is a protocol that allows smart contracts on the bitcoin blockchain. This gives BTC even more potential to compete with ETH and similar chains. Hedgehog is another platform that is being established to link all of the accounts/wallets of ones portfolio into a single site for viewing and decision making. And Polkadot is making cross chain linkage a functional reality which greatly improves the potential number of use cases across the metaverse.

As you say, do your own research and build your portfolio to match your interests and needs.

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I've heard of stacks before, but had an issue finding somewhere to buy it honestly. I also know of Polkadot. I have not heard of Hedgehog, I would be curious what their safety measures would be as consolidating all those wallets could prove to be a dangerous idea.

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I'm not even certain that Hedgehog has a token. As to the security I believe they just pull in info from accounts and wallets and give a single point from which to view all holdings. It is a new project and does not link to all systems yet, I have to go through a convoluted manual process to get my Nexo account linked. I'll have to check on the Hedgehog site but I don't recall seeing any functions for buy/sell or moving currency.

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I'll be looking for news on it on coinmarketcap and coingecko now!

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