
Many probably told you as a beginner that getting started with having a crypto portfolio is as simple as investing in your first Ethereum or Bitcoin purchase. But along the line, we all realized how untrue that is. When creating a crypto portfolio, one of the most crucial things to consider is asset allocation and diversification—knowing the suitable variety of asset classes of cryptocurrencies to invest in, including low-risk, high-risk, and medium-risk assets. This allows you to maximize your profits and cut down on some losses.
However, managing a diverse portfolio takes a lot of work and thorough research. To make wise investments, you must know what you are purchasing. With that said, Privatixy Token (PXP), Monero (XMR), and Solana (SOL) are three cryptocurrencies that we believe could be a wise addition to your portfolio. Here's why.
Monero (XMR) can be referred to as the top cryptocurrency in the world of privacy tokens. As the most popular cryptocurrency focused on privacy, Monero (XMR) uses the secure, private, and untraceable CryptoNote protocol, which allows it to employ a unique form of cryptography to guarantee every transaction is completely private, secure, unlinkable, and untraceable. It provides a high level of transaction and user privacy. It is a decentralized peer-to-peer cryptocurrency that is highly anonymous and privacy-oriented.
As far as privacy tokens go, Monero is one of the best investments in this category as it was designed with an advanced cryptographic system. According to price predictions, Monero could increase as much as 70% in 2022, signifying more of an upward trend for the cryptocurrency. XRP currently has a live price of $164.22, a market cap of $2.9 billion, and a 24hr trading volume of $129 million.
It's common knowledge that Solana (SOL) is one of the most widespread cryptocurrencies in the market presently. It became even more popular when Solana NFTs became mainstream in the later days of 2021 and early days of 2022. Owning its reputation as one of the fastest cryptocurrencies in the world, performing 2,700 transactions a second. Solana has thus moved the blockchain ecosystem closer to widely recognized, decentralized finance by overcoming one of the critical barriers to using cryptocurrencies.
Although most cryptocurrencies, including Solana, are far from their market high, Solana's stability, efficiency, and scalability make it a promising long-term investment for holders. Ranked #9 by market capitalization, SOL has a live price of $43.21, a 24hr trading volume of $1.01 billion, and an overall market cap of $15.06 billion.
Data security and privacy are among the leading issues in the cryptocurrency market, with increasing risk in the vulnerability of users' data. With the development of blockchain technology, there are now more opportunities to improve data security and privacy. The Privatixy Protocol is a new cryptocurrency that lessens the possibility of invasion of users' privacy using blockchain technology. It offers an open-source protocol that enables various options for safeguarding users' privacy when using blockchains.
The cryptocurrency promises to be a significant addition to the world of privacy coins and could be a profitable addition to your portfolio. The protocol offers blockchain users access to substitutes for privacy-invading services as one of its many features. The PXP token is the native token of the privatixy system and would be sold on presale with incredible discount offers for those who buy in early.
You can get an average of 15% bonus tokens when you buy with top cryptocurrencies like ETH, USDT, BTC, and BNB. There are more juicy bonus offers like the 40% bonus when you buy with at least $2500 fiat currency and a 4-6% additional bonus at the first, second, or third stages of the presale.
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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.