Which coins to choose in a crypto portfolio for 2024 - 2025 ?
As we all know that already Donald Trump has actually won the election, which is very good for the cryptocurrency market.
Donald Trump's election promises:
▫️ Fire SEC head Gary Gensler;
▫️ Make Bitcoin a strategic reserve;
▫️ Ban the creation of the CBDC;
▫️ Use Bitcoin to solve U.S. government debt problems;
▫️ Encourage crypto innovation, turn the U.S. into a global cryptocurrency superpower;
▫️ Commute Ross Ulbricht's sentence.
If these pledges are not for recruiting votes, then it's time to build up a portfolio in longs in the medium to long term.
Building a cryptocurrency portfolio for the medium term requires careful analysis and diversification to mitigate risks. Below are some cryptocurrencies worth considering:
1. Bitcoin (#BTC )
Description: The first and most capitalized cryptocurrency, often referred to as "digital gold."
Advantages: High liquidity, recognized by institutional investors, limited supply.
Recommendation: Recommended for portfolio stability.
2. Ethereum (ETH)
Description: The second-largest cryptocurrency by market cap, a platform for smart contracts and decentralized applications.
Advantages: Extensive use in DeFi and NFTs, active ecosystem development.
Recommendation: Promising due to constant updates and innovation.
3. Solana (#Solana🚀 )
Description: A high-performance blockchain known for its speed and low fees.
Advantages: Supports a high number of transactions per second, growing ecosystem of projects.
Recommendation: Suitable for investors interested in decentralized applications.
4. Cardano (ADA)
Description: A platform for building decentralized applications with a focus on security and scalability.
Advantages: Scientific approach to development, active community.
Recommendation: Attractive for long-term investments due to steady development.
5. Polkadot (#DOT )
Description: A platform enabling interoperability between different blockchains.
Advantages: Ability to create parachains, support for numerous projects.
Recommendation: Ideal for investors focused on cross-chain interaction.
6. Chainlink (LINK)
Description: A decentralized oracle network connecting smart contracts to external data.
Advantages: Extensive use in DeFi, partnerships with major projects.
Recommendation: Suitable for those interested in infrastructure projects.
7. Avalanche (AVAX)
Description: A platform for creating decentralized applications and blockchains.
Advantages: High transaction speed, low fees, Ethereum compatibility.
Recommendation: Appealing for investors looking for improved performance over Ethereum.
8. Tron (TRX)
Description: A platform for decentralized applications and content.
Advantages: High throughput, low fees, active ecosystem growth.
Recommendation: Suitable for blockchain-based media and entertainment applications.
9. Litecoin (#LTC )
Description: Cryptocurrency created as "digital silver" for faster transactions than Bitcoin.
Advantages: Long history, high liquidity, active community.
Recommendation: Good for portfolio diversification and stability.
10. Cosmos (#ATOM )
Description: A platform aimed at creating an ecosystem of interconnected blockchains.
Advantages: Provides compatibility between various blockchains, support for multiple projects.
Recommendation: Promising for investors interested in interoperability and scalability.
11. Arbitrum (ARB)
Description: A Layer 2 solution for scaling Ethereum, providing faster and cheaper transactions.
Advantages: Reduces load on the Ethereum mainnet, growing ecosystem of decentralized applications.
Recommendation: Promising for investors interested in Ethereum scalability improvements.
12. Toncoin (TON)
Description: A cryptocurrency designed for fast and secure data and payment transfers.
Advantages: High transaction speed, support from major tech companies.
Recommendation: Interesting for investors seeking innovative blockchain solutions.
13. Chainlink (LINK)
Description: A decentralized oracle network that connects smart contracts with external data.
Advantages: Extensive use in DeFi, partnerships with major projects.
Recommendation: Suitable for those interested in infrastructure projects.
14. Ripple (XRP)
Description: A platform for fast and inexpensive international payments.
Advantages: Partnerships with financial institutions, high transaction speed.
Recommendation: Suitable for investors interested in blockchain-based payment solutions.
15. OKX Token (OKB)
Description: The native token of the OKX cryptocurrency exchange, providing users with various benefits.
Advantages: Trading fee discounts, access to exclusive events, and the growing popularity of the exchange.
Recommendation: Interesting for active traders and users of the OKX platform.
16. Bitcoin Cash (BCH)
Description: A Bitcoin fork created to increase block size and transaction speed.
Advantages: Lower fees compared to Bitcoin, supported by some merchants.
Recommendation: Can be included in a portfolio for diversification and use in payments.
17. Polygon (MATIC)
Description: A Layer 2 scaling platform for Ethereum, providing fast and affordable transactions.
Advantages: Extensive use in DeFi, partnerships with major projects.
Recommendation: Suitable for investors interested in infrastructure projects.
18. Gnosis (GNO)
Description: A platform for decentralized prediction markets and asset management.
Advantages: Unique products like Gnosis Safe, active developer community.
Recommendation: Interesting for investors seeking innovative solutions in decentralized finance.
19. Mantle (MNT)
Description: A platform focused on scalability and security for creating decentralized applications.
Advantages: High performance, smart contract support, growing ecosystem.
Recommendation: Promising for investors interested in new platforms for developing dApps.