As Bitcoin falls, these are the Top 3 Alternative Cryptos to Invest In
The world's biggest cryptocurrency is an indicator of the industry. Bitcoin's recent drop to around $20,000 per token may worry long-term investors
To diversify, individuals may consider buying cryptos other than Bitcoin.
"All-in-on-Bitcoin" people will always believe it's the only crypto that counts. This thesis has merit.
Diversification may boost risk-adjusted returns over time, as in equities or bond investment. This market favours defensive strategies.
Ethereum (ETH-USD) is well-known. Ethereum, the second-largest cryptocurrency by market cap, is most investors' Bitcoin alternative
Solana (SOL-USD) is a proof-of-stake, smart-contract blockchain. Solana's ecosystem-development plan centres on DeFi, like Ethereum's
Finally, we have Avalanche (AVAX-USD) (AVAX-USD). Avalanche is among the quickest blockchain smart-contract networks by time-to-finality.