<\/a><\/p>\nCombined Altcoins Market Cap | Source: CoinMarketCap.com<\/p>\n<\/div>\n
Regardless of their weak yearly performances, these projects serve long-term goals related to blockchain\u2019s integration into mainstream industries. Analysts rest their bullish perspectives about altcoins on a fundamental demand and supply theory. Against a limited supply, the demand for these fractionable value units is likely to go up. XRP, for instance, is proving itself to be a \u00a0digital currency for cross-border transactions. It is the coin\u2019s\u00a0basic use case which, upon more adoption, could yield profits in the long run.<\/p>\n
New Wave\u2019s co-founder\u00a0Albert Cheng thinks it is the prime reason why their advisory firm is looking into more Bitcoin alternatives.<\/p>\n
\u201cWhen a market is bearish, there\u2019s a flight to quality, and that\u2019s bitcoin today,\u201d he told Yahoo. \u201cBut our service is intended to drive long-term thinking. And if people are holding their portfolios for a long time, I think it\u2019s prudent to have exposure to multiple coins.\u00a0True paradigm shifts take a long time.\u201d<\/p><\/blockquote>\n
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Image from Shutterstock<\/pre>\n <\/p>\n
The post Crypto Investment Firms Advise Buying Smaller Cap Altcoins During Bear Market<\/a> appeared first on NewsBTC<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Investing in altcoins is less risky than Bitcoin during a bear market, according to crypto investment firms. New Wave Capital\u00a0told Yahoo that the altcoins
[…]<\/a><\/div>","protected":false},"author":1334,"featured_media":188605,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-188602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"\nCrypto Investment Firms Advise Buying Smaller Cap Altcoins During Bear Market - InsideBitcoins.com<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\t\n\t\n\t\n