How to Find Inspiration for Adding Coins to Your Portfolio
One way to get ideas for adding coins to your portfolio is by looking at what crypto OGs (original gangsters) are holding. Altcoin Buzz CEO, Shash Gupta, is one of those OGs, and taking a closer look at what he’s holding may give you some inspiration. Here are a few key points about the coins in his portfolio:
Bitcoin (BTC)
- Bitcoin is the number one OG coin and a decentralized, P2P payment system.
- Recently, Bitcoin has also become a store of value and has seen new use cases like NFTs.
Ethereum (ETH)
- Ethereum introduced smart contracts and is a first-mover in DeFi and NFTs.
- Ethereum recently switched from PoW to PoS and its ETH coin became deflationary.
Dogecoin (DOGE)
- Initially a memecoin, Dogecoin has gained popularity and even has some use cases like tipping and sports betting.
- Elon Musk’s support has contributed to its rise.
Arweave (AR)
- Arweave is a decentralized storage platform, catering to the growing need for data storage.
- It offers permanent file storage and a permaweb for saving and indexing webpages.
Polygon (MATIC)
- Polygon is a layer 2 solution built on top of Ethereum, addressing scalability and transaction speed.
- It has a wide variety of use cases, including supply chain management and gaming.
Firo (FIRO)
- Firo focuses on privacy solutions in crypto transactions.
- It aims to add an extra layer of privacy using a PoW consensus mechanism.
Diversifying your portfolio is always a good idea, and looking at other portfolios, like that of Altcoin Buzz CEO, can provide inspiration. However, remember that this information is not financial advice, and investing in cryptocurrencies carries risks. Do your due diligence and make informed decisions.
Hot Take: Looking at what crypto OGs are holding can be a great source of inspiration for adding coins to your portfolio, but always remember to do your own research and assess your own risk tolerance.
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