Bitcoin (BTC), Ethereum (ETH), and Flasko (FLSK) – CryptoMode
The cryptocurrency market is extremely volatile, so every investor needs to safeguard their bottom line using effective risk management techniques.
That’s where the concept of portfolio diversification comes in. Diversification significantly reduces portfolio risk through investing in the right cryptos and rebalancing your asset allocation to give yourself the best chance of securing your assets and earning a profit.
Three cryptocurrencies can help you diversify and reduce risk in the crypto world: Bitcoin (BTC), Ethereum (ETH), and Flasko.
Bitcoin (BTC) Investors Are Always Positive
Bitcoin (BTC) has endured a volatile start to the year, with as much as 70% wiped off from its all-time high levels. The crypto market downturn obliterated over $2 trillion in the crypto world’s market capitalization as crypto winter fully sets in. Bitcoin (BTC) investors are concerned – but that doesn’t take away from the fact that Bitcoin (BTC) is still #1. That makes Bitcoin (BTC) a great way for investors to diversify their portfolios with the “granddaddy of them all” serving as their jump-off point from traditional financial instruments into diversifying with crypto.
With big players like JP Morgan, Goldman Sachs, and Morgan Stanley entering the Bitcoin (BTC) market, we can expect its dominance to continue.
Ethereum (ETH): Another Reliable Crypto Investment
Ethereum, behind Bitcoin, is the second most valuable cryptocurrency. Dating back to 2013, this open-source blockchain has seen explosive popularity as both newcomers to the cryptocurrency market, and seasoned Bitcoin buyers have purchased it.
The Merge, meanwhile, has put an end to this practice. Despite being the second-largest cryptocurrency, Ethereum’s energy consumption has decreased significantly in recent months. The transition to PoS has resulted in a reduction of 99.95% in the cryptocurrency’s overall carbon footprint.
It is almost certain that Ethereum will continue to enjoy its current success no matter what the future holds for it. It is constantly working to improve its technology, which enables it to provide consumers with novel opportunities to generate passive income in a manner that is kind to the environment.
Flasko Finest Investment With Great Returns
Flasko, a protocol building the first alternative investment platform for the vintage wines, whiskeys, and champagnes asset class, launched its presale weeks ago to tremendous success, with over 10,000 people expressing their interest in participating in the Flasko presale. Flasko token prices have skyrocketed throughout the presale, now at $0.077.
Flasko offers unique value as a protocol that removes the traditional barriers to alternative investments and brings it to millions of investors worldwide. This allows Flasko users to profit from investing in NFTs backed by real bottles and casks of the finest investment-grade wines, whiskeys, and champagnes securely stored in Flasko’s temperature-controlled facilities.
With platform liquidity locked in for the next three decades, and a fully-audited smart contract with German firm Solid Proof, Flasko is undoubtedly crypto to watch in 2022. Don’t miss this opportunity to invest in a protocol that will skyrocket.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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