kstew09

Crypto20 Performing twice as well compared to bitcoin

Long
HITBTC:C20USD   None
Crypto20 is an index fund of the top 20 tokens rebalanced weekly. In a bull market it seems to be performing at least twice as well compared to bitcoin with the potential to go higher. Why you may ask? Because alts have a lot more room to grow than bitcoin. In a bull market, the top alts are typically backed by bitcoin on the downside but on the upside the sky is the limit! On the other hand in a bear market we can assume that that theory will be reversed. Index funds are an easy way to be exposed to the wider market without having to manage a complicated portfolio yourself.

This is not financial advice.
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