In the dynamic world of cryptocurrency trading, navigating all the different digital assets can be a challenging task, particularly as thousands of altcoins are vying for attention and it is difficult to ignore the noise to focus on those that represent the most promising investments.
With this in mind, seasoned crypto expert Michaël van de Poppe has offered a couple of strong examples of what an optimal beginner’s $1,000 altcoin portfolio should comprise, uncovering valuable lessons and potential opportunities for both novice and experienced investors in the crypto sector.
Expert picking out altcoins from DePIN category. Source: Michaël van de Poppe
His second scenario focuses on slightly different allocation percentages, this time choosing the metaverse and non-fungible token (NFT) categories.
Specifically, the professional crypto trader chose Sandbox (SAND) and Axie Infinity (AXS) from the metaverse category to receive 20% each, with Vulcan Forged (PYR), the native token of the eponymous game studio, and Magic (MAGIC), the utility token of the Treasure Metaverse, only getting 5% each.
At the same time, the NFT category got 20% each for Internet Computer (ICP) and ImmutableX (IMX), while Decentraland (MANA) and ApeCoin (APE) received an allocation of 5% each, as the best altcoins to buy outside of the top five range.
Expert picking out altcoins from NFT category. Source: Michaël van de Poppe
Conclusion
All things considered, the above-listed investment picks could be excellent purchase choices for a beginner building a $1,000 altcoin portfolio. However, it is important to carry out one’s own research and not rely blindly on anyone’s recommendations, as the situation in this sector can change.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
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