I have – and so have many of you – come a long way. Cryptocurrency has been quite a ride, I must admit.
I have trimmed my portfolio down to two cryptocurrencies and I automatically pump money into each of them biweekly. These are Bitcoin and Zilliqa. That’s it.
Every now and on a blue moon I will engage in some crypto margin trading but to be quite honest with you, it can be time-consuming, stressful, and very risky … because the market place is so highly volatile, unpredictable, manipulated, and I believe the trading platforms are highly “botted.”
I believe Bitcoin is a great long-term investment. I believe everyone should own some Bitcoin. Whatever, their circumstances allow for.
As far as Zilliqa is concerned, I also believe it is a solid long-term project that has weathered the bear and bull markets. Zilliqa solves major problems in cryptocurrency with regards to the scalability of the blockchain, slow speed of transactions, and high cost of transactions. I have a good feeling about Zilliqa.
I believe both Bitcoin and Zilliqa are solid long-term investments going into 2021.