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So, you've heard all the wild stories about people going from rags to riches from buying crypto! Well, the exciting thing about living in this digital age is that it's entirely possible for almost anyone to make it, as long as you're willing to take a chance.
But there are some top tips when it comes to investing that everyone should know. Some of which you may have heard of are 'buy low, sell high' and 'dollar cost averaging' – both are great pieces of advice when it comes to investments.
However, in this article, we're going to take the time to focus on one of the most crucial pieces of advice, which is investing in a diverse portfolio. This can be achieved by purchasing a range of cryptocurrencies with unique utilities: Bitcoin (BTC), Decentraland (MANA) and Big Eyes Coin (BIG).
Starting with the most obvious, but essential coin when it comes to cryptocurrency! Bitcoin (BTC), the OG crypto, was invented in 2009 by the genius that took the alias of Satoshi Nakamoto. Needless to say, this revolutionary technology has shaped the way we view finance and it continues to pave the way for many other cryptocurrencies to this day.
Since the inception of Bitcoin, thousands of crypto projects have been spewing out of the market; many of which are much speedier, eco-friendly and more effective than Bitcoin – for example, Ethereum (ETH). However, as Bitcoin got here first, it will always have a few advantages over other coins.
Many experts speculate that Bitcoin will forever be a store of value in crypto for a few reasons: it is the oldest cryptocurrency, it has earnt the most trust and some even view it as the only truly decentralised crypto since the creator remains anonymous.
If you take time to zoom out a little, you can see that humankind is heading closer and closer to being infused with technology and virtual. Remember all your favourite cyborg-themed movies you watched as a kid? Well, perhaps they predicted the future. Heck, perhaps we're already there – when was the last time you left your house without a mobile phone?
Okay, that may be slightly exaggerated, but there is no denying the surge in use of virtual and augmented reality as many would agree that it's extremely useful in a world that revolves around technology. Especially since Mark Zuckerberg, CEO of Meta Platforms (formerly known as Facebook), popularised the term 'metaverse' and rebranded his entire business in 2021.
In that case, it's important that we take a look at one of the best and leading crypto virtual world projects, Decentraland (MANA). In their own plot of virtual land, users are free to build homes, businesses, entertainment centres, and other structures as they see fit. Holders of the company's native token, MANA, have access to a variety of digital goods, including digital art and virtual goods. One key advantage Decentraland has over Metaverse, is that it's of course decentralised!
It's hugely important to acknowledge meme coins when it comes to a diverse portfolio, especially Big Eyes Coin (BIG) as it's the hottest new project with social utilities which can offer serious value to the world.
Big Eyes Coin is a DeFi community-driven token, that aims to spread wealth into DeFi, whilst also protecting the world's ecosystem. 5% of BIG transactions will be automatically put into a transparent charity wallet, which will then go towards charities that protect sea life.
By having the mascot of an adorable cat with irresistible large eyes, this meme coin sticks out from its competition of countless crypto dogs!
Already having killed a ginormous $21.5 million in their presale, becoming one of the biggest crypto presales in the last couple of years, this is just a foretelling sign of the success that Big Eyes Coin will bring on their official launch!
The wisest and safest way to invest in crypto is by diversifying your portfolio – this is why we have given you three gems that range in utility. This way, if one goes down, the others will hold support… Have you ever heard the phrase "don't put your eggs all in one basket?" Well, that's a fact. Happy investing folks!
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
