With the rise of cryptocurrencies in recent years, there are now so many options for people to choose from – over 20,000 in fact (according to CoinMarketCap). However, with so many options, it can be difficult for people to determine which cryptocurrencies are the best to invest in. This is why GlobalBlock created GB10 - a diversified portfolio of the top 10 cryptocurrencies, which automatically rebalances each month for you.
What are the benefits of GB10?
1. Starting point for investors
An index of the top 10 cryptocurrencies can provide investors with a starting point for their investment decisions.
This GlobalBlock portfolio can be used as a reference to see which cryptocurrencies are currently performing the best, and to compare their performance over time.
By investing in the top 10 cryptocurrencies, investors can minimise their risk and maximise their potential for returns.
2. Balanced portfolio
Investing in the top 10 cryptocurrencies can also provide investors with a more balanced portfolio.
Rather than putting all of their money into one currency, investors can spread their investments across multiple cryptocurrencies.
This diversification can reduce the risk of a major loss, as the performance of one currency may not affect the performance of the others.
3. Exposure to the best cryptocurrencies
Investing in the top 10 cryptocurrencies can give investors access to some of the most established and well-known cryptocurrencies.
Many of the top 10 cryptocurrencies have been around for several years and have proven their stability and security over time.
This can potentially give investors more confidence in the long-term stability of their investments.
4. Take advantage of growth of the whole crypto market
As the market continues to evolve, the top 10 cryptocurrencies are likely to grow and mature, providing investors with the potential for significant returns on their investments.
To conclude, investing in a diversified portfolio of the top 10 cryptocurrencies at GlobalBlock could be a smart choice for those looking to invest in the cryptocurrency market. By choosing the top performing cryptocurrencies, investors can reduce their risk, diversify their portfolio, invest in established and well-known currencies, and take advantage of growth potential in the market