Analysis: My Cryptocurrency Portfolio In Detail
Hey guys, I thought I would break down my cryptocurrency portfolio for everyone so they can see what I hold. So here it is, laid out below:
| Coin | Percentage Of Portfolio |
|---|---|
| Bitcoin | 61% |
| Bitcoin Cash | 23% |
| Steem Power | 12% |
| Dash | 1% |
| Litecoin | 1% |
| Dogecoin | 1% |
| Monero | 1% |
Nothing Too Adventerous
All my holdings are fairly standard cryptos, and it is obviously quite Bitcoin heavy. The simple reason behind this is I find Bitcoin to be the most stable, and representative of the market as a whole. Bitcoin anchor my portfolio against the even wilder swings of some of the smaller coins.
How About Nano?
The one coin I am looking at expanding into is NANO. Charlie Lee, creator of Litecoin, was very impressed with it, as am I. It's technical aspects are pretty ground-breaking, and I see it as a crypto that might carry us into the next generation of digital currency. What do you guys think about NANO?
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Thanks for sharing.