The Future of Blockchain Series

You Don’t Need a Diversified Crypto Portfolio to Spread Risk: Here’s Why

Apart from a few outlier situations, the top cryptocurrencies are very closely correlated with Bitcoin; as a result, the idea of diversifying a portfolio to spread risk is really only a myth in my opinion. This article examines the correlation between cryptocurrency prices to explain my reasoning.

There’s a lot of misinformation, rumors, and just plain incorrect information out there about cryptocurrency. In fact, I think one of…