Big name corporates and investment banks have also changed their tone with crypto and have come out with price predictions suggesting the current bull run still has plenty headroom.<\/p>\n
As the graph below shows, Bitcoin was by no means the top performing cryptocurrency over the last year. It was outperformed by Cardano (3,674%), Binance Coin (1,892%), Polkadot (1,174%), Ethereum (1,133%), and Chainlink (1,111%).<\/p>\n Bear in mind that these are highly volatile assets and can move well over 30% up and down each month.<\/p>\n Virtually all of these smaller cryptocurrencies, known as alternative coins or \u201calt coins,\u201d are constituents in the Revix Top 10 Bundle<\/strong><\/a>, which has grown in unit value by more than 1,060% over the last 12 months – well ahead of bitcoin\u2019s 12-month return.<\/p>\n Revix<\/strong> <\/a>is backed by JSE-listed financial services group Sabvest and was launched in 2018 to make it secure and easy to invest in both individual and ready-made baskets of cryptocurrencies that they call crypto \u201cBundles\u201d.<\/p>\n Customers can get started with as little as R500 and the fintech charges no sign-up, monthly account, or subscription fees, but rather a simple 1% transaction fee for both buys and sells.<\/p>\n One of the advantages of investing using the Top 10 Bundle is that it equally weights each of the top 10 largest cryptocurrencies as measured by market capitalisation.<\/p>\n Revix\u2019s Founder and CEO, Sean Sanders, a Chartered Financial Analyst (CFA) who previously worked as a portfolio manager, explains, \u201cIf you were to buy a Top 10 Bundle that was market weighted, you\u2019d have roughly 73% of your total investment in bitcoin and Ethereum alone. That\u2019s not a diversified crypto portfolio and it\u2019s actually increasing your concentration risk in the largest two cryptocurrencies.”<\/p>\n “If you had taken this same approach in the year 2000 with stocks you would have invested in General Motors and Walmart and would have had little to no exposure to the big success stories of Amazon and Microsoft. Additionally, if something negative happens to Bitcoin or Ethereum then your crypto portfolio is going to be seriously impacted.\u201d<\/p>\n Revix\u2019s Top 10 crypto Bundle allocates 10% to each of the 10 largest cryptocurrencies, creating an equally weighted investment that is well diversified.<\/p>\n \u2018Stablecoins\u2019 (a type of crypto backed 1:1 by fiat currencies like the US dollar and rand) like Tether or USDC are not included as they don’t offer significant return potential as the crypto sector grows. They will always be equal to the US dollar.<\/p>\n Historically, Revix\u2019s Top 10 Bundle has significantly outperformed an investment in both a market-weighted equivalent crypto Bundle and Bitcoin alone on a risk adjusted basis.<\/p>\n Including smaller cryptocurrencies in a crypto portfolio with regular monthly rebalancing would have increased your Sharpe ratio, which is a measure of how well your investment would have performed given the amount of risk you\u2019ve taken.<\/p>\n \u201cBitcoin is viewed as the gateway into the cryptocurrency space but in five years there’s likely to be many other large scale cryptocurrency projects gaining mainstream adoption,\u201d says Sanders.<\/p>\n \u201cOwning a slice of the up and comers is the real investment opportunity. Bitcoin is now worth over $1 trillion (R15 trillion) but just seven years back was worth only a few million dollars. Today, there are cryptocurrencies that are still relatively small and not well known, that could one day be worth what bitcoin is worth today.”<\/p>\n \u201cHistorically, Bitcoin has outperformed all other asset categories, but is far behind some of the smaller cryptocurrencies that are gradually pushing their way into the upper ranks for the crypto market cap rankings.\u201d<\/p>\n Revix\u2019s algorithms automatically rebalance a customer\u2019s Bundle holdings monthly, so that they are equally weighted to ensure that they stay up to date with the fast-changing market.<\/p>\n This automated process means Bundle holders don’t have to manually calculate which cryptocurrencies to buy and sell on a regular basis.<\/p>\n Before any cryptocurrency enters their Bundle, Revix evaluates it for security, liquidity, regulatory status and other factors.<\/p>\n This ensures it can be held in a safe, secure, and regulatory-compliant manner.<\/p>\n Revix offers their customers a unique price-routing system enabling customers to obtain the best prices available at the moment of purchase or sale.<\/p>\n \u201cWe aren\u2019t a crypto exchange, and this means we have the ability to source the best pricing and liquidity for our customers across multiple crypto exchanges at any given time,\u201d says Sanders.<\/p>\n \u201cThe term \u2018cryptocurrency\u2019 is a bit of a misnomer,\u201d adds Sanders. \u201cCryptoassets is a better term, since different cryptocurrencies do different things.\u201d<\/p>\n The top performer over the last 12 months has been Cardano, which is competing with Ethereum and Polkadot to own a new financial architecture called decentralised finance, or DeFi.<\/p>\n Bitcoin accounts for more than 60% of the total crypto market cap, but it is seen as a robust store of value similar in function to gold.<\/p>\n Litecoin is regarded as the \u201csilver\u201d to bitcoin\u2019s perceived status as \u201cdigital gold.\u201d While bitcoin will never have more than 21 million digital coins in issue, Litecoin will be able to expand to 84 million.<\/p>\n Litecoin was designed to offer faster transaction speeds than bitcoin, and is positioning itself as a new form of digital money, offering speed and a relatively low price ($29) to appeal to merchants and investors.<\/p>\n Chainlink fulfils another purpose within the developing DeFi space by aiming to solve one of the biggest challenges<\/strong><\/a> for the practical implementation of smart contracts \u2013 connecting blockchains to real world data (such as price feeds and delivery confirmations) through so-called \u201coracles blockchain connectivity\u201d.<\/p>\n For smart contracts to work, they need external data sources that are accurate and trusted, and Chainlink aims to provide these.<\/p>\n So, there are a lot of cryptoassets doing very different things with significant growth potential.<\/p>\n If you are working within an established, reputable crypto investing platform like Revix<\/strong><\/a>, you can invest in both ready-made crypto Bundles and individual cryptocurrencies including Bitcoin, Ethereum, USDC (a \u201cstablecoin\u201d fully-backed by the US dollar) and a physical gold-backed token called PAX Gold – which provides legal ownership of an ounce of gold through Revix\u2019s online platform.<\/p>\n The Smart Contract Crypto Bundle<\/strong><\/a> tracks those cryptocurrencies that enable smart contract functionality and include several cryptocurrencies that are looking to challenge Ethereum\u2019s smart contract dominance.<\/p>\n This Bundle comprises cryptocurrencies that enable developers to build applications on top of their blockchains, much like how developers build mobile apps on top of the Apple mobile iOS operating system.<\/p>\n The cryptos in this bundle include Ethereum, Cardano, Tron, Neo, and EOS.<\/p>\n![\"\"](\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2021\/03\/Headlines-1-326x430.png\")
<\/a><\/p>\n![\"\"](\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2021\/03\/12-month-perfoirmance-1-640x426.jpg\")
<\/a><\/p>\nWho is Revix?<\/h3>\n
The advantages of owning a crypto bundle with Revix<\/h3>\n
1. Diversification<\/h3>\n
![\"\"](\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2021\/03\/Marketcap-1-640x426.png\")
<\/a><\/p>\n2. Superior Risk Adjusted Returns<\/h3>\n
3. Automated Rebalancing<\/h3>\n
4. Peace of mind<\/h3>\n
5. Smart price execution<\/h3>\n
Different cryptos perform different functions<\/h3>\n
How to invest?<\/h3>\n
![\"\"](\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2021\/03\/Crypto-Products-1-640x200.png\")
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