How I Would Invest $1,000 in Cryptocurrency in July 2021 | Best Altcoin Portfolio to Hold 5+ Years
Hey, everyone. It’s your Crypto Analyst here and today I’m gonna give you my best portfolio of cryptocurrencies to hold for the next 5 years if you had $1,000 to invest in July 2021.
Now, before I dive into the portfolio, I want to make sure you understand one of the most important things to keep in mind when investing in cryptocurrency. It is a highly volatile asset class and you should always invest only what you can afford to lose.
Now, when it comes to investing $1,000 in July 2021, I would suggest you split the portfolio into three parts.
The first part would be Bitcoin. I would allocate around 50% of the portfolio to Bitcoin. Bitcoin is the most established and secure cryptocurrency in the market and it should make up a substantial portion of your portfolio.
The second part would be Ethereum. I would allocate around 25% of the portfolio to Ethereum. Ethereum is the second largest cryptocurrency and it has the potential to become the world’s new financial infrastructure.
The last part would be Altcoins. I would allocate around 25% of the portfolio to Altcoins. I would choose a mix of low-cap, mid-cap and high-cap altcoins with a focus on projects with unique products and long-term potential.
And that’s it. That’s my best portfolio of cryptocurrencies to hold for the next 5 years if you had $1,000 to invest in July 2021. I hope you found this video helpful and I wish you the best of luck with your investments.