In Which Altcoins to Invest in March 2019: Experts’ Opinion



Staff member
Jun 15, 2018
In February, the recovery began in the cryptocurrency market, but many are still not sure that the coins from the top 3 will be a good investment in the short term.

The middle and the end of February were quite successful for the cryptocurrency market. Positive news, and most importantly — the absence of scandals like Bitcoin Cash hard forks at the end of last year, provided the market with small but steady growth. Right now, when investors became confident that the annual decline was not the way to a complete collapse of the entire cryptocurrency market, but only a painful, but necessary correction, many of them began to show interest in buying both major currencies and Altcoins.

In Which Altcoins to Invest in March 2019: Experts’ Opinion

Now we are seeing signs of recovery in the cryptocurrency market: positive trends for volumes, capitalization, and volatility. In the coming days, with a high probability, Bitcoin will take new local records as it leaves the winter lethargy, and I am optimistic about other major currencies. Today there are many new cryptocurrencies, but it is difficult to guess the long-term leaders among them so I would advise the investor to divide the portfolio into five parts (not necessarily equal).

The flagship of the market is still Bitcoin. It is worth investing the first part of the funds in it. It is more stable than other leading currencies and in a sense is a protective asset among the cryptocurrencies. At the same time, half of the entire market lies on it, and this is the most popular cryptographic device for real payments.

Despite the apparent disappointment of the market in Ethereum (ETH/USD), the second part of the portfolio is worth investing in it. Experts connect the excessively deep recession of ETH in 2018 with an abundance of unsuccessful ICOs, and there was no fault of the Ethereum holders. On the contrary, Ethereum in a certain sense turned out to be a victim of its popularity: it was often used in unscrupulous projects. The recent news about the built-in ETH-wallet in the Samsung Galaxy 10 also play to strengthen this currency.

This article was initially published on - Online Investment Watch Blog.

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