World Famous Company: These 3 Cryptocurrencies Must Have In Your Cart!

The crashes in the cryptocurrency markets are enough to make many investors uneasy. For this reason, investors and companies are exploring low-risk altcoin projects. As a result of all these, investors are questioning the projects that have survived the declines in the past periods.

The leading cryptocurrency Bitcoin is at the top of the list!

As we have reported as Koindeks.com; Bitcoin (BTC) is a safe haven option for many crypto investors. There’s a good reason for that too. Bitcoin is one of the most beautiful cryptocurrencies compared to its market price. It has also proven time and time again that it can survive market crashes. If you take a look at Bitcoin’s price history, you can see that it also survived the period in 2011 when Bitcoin seemed to be going to zero. The state of great anxiety in this period brought the BTC price to the brink of extinction.

Bitcoin emerged as a clear market benchmark for crypto investors. Bitcoin is the first cryptocurrency that people look to to understand the pulse of the crypto market. For the most part, BTC has the ability to either lead the market higher or lower the market. When there is a drop in Bitcoin, the market in general also goes down.

Therefore, if there is a loss in Bitcoin, the probability of losing in other tokens is high. However, Bitcoin has become much less volatile in the last few months. As such, this indicates that the risk of investing in BTC may be on the decline.

Leading altcoin Ethereum (ETH)

Ethereum remains the second largest cryptocurrency by market cap. In addition, ETH has the largest developer network in the world. Ethereum, like Bitcoin, is one of the projects that survived the declines in the past. Unlike altcoin projects that are only one or two years old, Ethereum was launched in 2015.

It has pros such as Smart Contracts, NFTs, decentralized finance (DeFi), Web3 and blockchain games. This is a form of diversification within the ecosystem itself. Thus, it reinforces to neutralize some of the risks of investing in Ethereum.

In addition, ETH carried out one of the most powerful technological updates in history this year, known as The Merge. The Merge’s difficulty is rated as 10 out of 10. Some investors and analysts thought that the transition from the Proof of Work consensus system to the Proof of Stake would have a significant impact on ETH. But ETH is in an even more stable, faithful and productive position after PoS. This also reduces the risk of investing in Ethereum.

Cardano (ADA) cryptocurrency with low volatility

Finally, there is Cardano. Unlike other cryptocurrencies that have seen huge spikes in price over the years, Cardano seems to be shuffling without all the drama. Currently trading at $0.35, Cardano has never traded above $3.10 per coin. Considering that Cardano has been in process since 2017, it seems almost impossible to believe. Cardano fits the description of a low volatility asset in many ways: Instead of big ups and downs, Cardano often seems to be trading in a very narrow band for a long time. time zones. It can be a perfect long-term game, but it can disappoint investors who rush into housing quickly.

Part of what makes Cardano a relatively sound investment is that it requires a slow, methodical, and very academic approach to blockchain development. This sometimes puts investors out of trouble as Cardano seems to be moving very slowly. However, every update, change, tweak and new functionality in Cardano also ensures that it actually works as planned.

What does diversification do?

Of course, there are other ways to reduce the overall volatility of your crypto portfolio. For example, you can pay much more attention to the overall diversity of your crypto portfolio. Suffice it to say, just because you’re implementing a risk-averse strategy doesn’t mean you have to give up any of the incredible advantages possible with crypto. But it has also become one of the best-performing assets in the last decade. Investing in crypto always has a risk. But these three cryptos can help minimize some of that risk without sacrificing any random advantage.

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