Investment: anonymous cryptocurrencies as a future market tr | NFT / BTC / DEFI News 📣
Investment: anonymous cryptocurrencies as a future market trend
Nikita Zuborev, Senior Analyst at Bestchange.ru, talks about why the popularity of privacy-oriented tokens may grow in the coming months
The opinions of experts may not coincide with the position of the editorial board. RBC-Crypto does not give investment advice, the material is published for informational purposes only. Cryptocurrency is a volatile asset that can lead to financial losses.
There are certain trends in growth cycles in the cryptocurrency market. Usually the primary driver of growth is bitcoin, then the main altcoins and at the very end “garbage” assets grow. Before the start of prolonged stagnation, the market most often goes through all these stages gradually.
The essence of investment
Taking into account traditional market trends in cyclicality and frequency of growth, bitcoin stagnation may begin in the coming months with the subsequent redistribution of capital into major altcoins.
And if we consider the trends of central banks around the world to create CBDC, which most enthusiasts consider as “cryptofascism” - a tool for total surveillance of citizens and a way to censor transactions as opposed to free cryptocurrencies, you can expect a response from the community.
If you combine these two factors, as well as statistics that note that not the entire market has recovered from the fall after the May rally, you can make a medium-term bet on anonymous cryptocurrency tokens.
Description of the idea
In the next 2-3 months, there is a high probability of increased interest in anonymous altcoins, so we advise you to take a closer look at some of the most popular of them. You can buy in an equal ratio:
Монеро - 25%
ZCash - 25%
Dash - 25%
Komodo - 25%
We expect by the end of this year that at the beginning of a serious stagnation of bitcoin, the altcoin market will receive a large influx of liquidity and the portfolio will multiply in price.
Risks
Do not consider the idea as the main investment portfolio, but as part of a long-term portfolio it can pay off.
The risks of the idea are common to the entire market. In rare cases, the growth of bitcoin can take long-term correction very sharply, without observing the growth sequence “bitcoin” → “top-20” → “other”.
If the bearish trend prevails in the market, at first the selected altcoins may feel worse than the market, although in the medium term demand for assets is at a fairly stable level and there is likely to be no deep fall.
