Top Cryptocurrencies for Experienced Investors: Bitcoin, Ethereum, and Solana Lead the Pack
After the market turbulence, experienced crypto investors are keen to optimize their wealth. If you're wondering which digital currencies to target besides the Bitcoin and Ethereum duo, here's a suggested allocation for an intermediate investment profile.
First, it's essential to establish an initial portfolio. According to Coinhouse, an established platform catering to strategic portfolios tailored to different investor profiles, a "Large cap" allocation is recommended for intermediate investors. This diversified portfolio includes renowned and valued assets in the market with significant potential for growth in the long term. As of now, it comprises the following allocation: 30% Bitcoin (BTC), 30% Ethereum (ETH), 10% Solana (SOL), 10% Toncoin (TON), 10% Ripple (XRP), and 10% Avalanche (Avax).
So, should you invest in Ethereum given Bitcoin's price surge back to the summit? Experts suggest focusing on Ethereum's competitors with more advanced technology, but also younger ones, as part of a bet on an 'alt-season.' This term refers to a potential rise in all alternative cryptocurrencies following Bitcoin's price growth.
Similar advice comes from James D. Touati, a consultant, trainer, and trader who founded The Nest. His "core portfolio" is composed of the two foundational cryptocurrencies: 30% Bitcoin, 30% Ethereum, followed by 10% Solana, 10% Avalanche, 10% Cardano (ADA), and 10% Binance Coin (BNB). These leaders are thriving in the ecosystem, offering ultra-fast transactions and underpinned by strong communities.
Beyond the Bitcoin/Ethereum duo, investors have opportunities to make different bets, up to 10% of their portfolio, according to the experts. Analyzing relevant data and carefully vetting promising altcoins is crucial for an informed investment decision.
Sources:
- Coinhouse
- The Nest
- ZebPay
- To further optimize wealth, it may be prudent for investors to consider technology-driven finance opportunities in the 'alt-season', diversifying their portfolios beyond Bitcoin and Ethereum.
- As part of the strategic approach to investing, one might consider allocating a portion of their portfolio to emerging technology-focused digital currencies like Solana, Toncoin, Ripple, Avalanche, and Cardano, which have demonstrated potential for growth and are thriving in the ecosystem with fast transactions and strong communities.
