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Why I think it’s okay to only invest in BTC and ETH and that it’s good for your portfolio.

All Cryptocurrencies

by COINS NEWS 193 Views

While reports of large gains on alts attract many people to the crypto world, I'm ready to bet that nearly every traditional/retail investor would be thrilled about the potential gains of BTC and ETH.

A good reason to invest in them is because they are considered as blue chips. For those who don't know, a blue chip corporation is one that is financially stable. In this case, we're talking about cryptos, and a blue chip coin is one that has a market capital of more than $ 2 billion.

Another reason to invest in them is because of it’s support to projects like Qtum and Envision which brings the best of both coins mentioned in this article. When BTC rises, your entire portfolio climbs with it. Investing in BTC and ETH is equivalent to investing in the entire cryptocurrency market which also means that BTC and ETH also drive the market. Reinforcing the market and increasing the safety of your subsequent bets.

Yes, neither BTC nor ETH will offer you fast riches, but they both promise decent returns and allow you to hedge your bets. Everyone has a varied risk tolerance for a variety of reasons; there is no shame in aligning yours with the relative stability of BTC or ETH. You'd still have ETH and BTC working for you even if you lost your insane risky investment.

submitted by /u/EleonorTrimpe
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