Have you seen the news? Digital currencies are making a comeback! And if you want to build long-term wealth as passively as possible, today’s article will help. You’re about to discover the lazy crypto portfolio.
This is a three coin holding you can keep long-term. Buy each asset, store them someplace safe, and leave them alone for 10+ years (if you want). It’s one of the simplest portfolios ever, and I’ll explain each coin that’s in it. Plus, you’ll learn exactly how much to invest into a system like this.
Ready?
Rule #1: No More Than 5% Of Your Net Worth In Crypto Currencies
I love Crypto, I think it has great potential, and I’m sure it will rebound in the near future. That said, it’s too risky and too volatile for going “all-in.”
Put the bulk of your money into stocks, bonds, and real estate. The classic wealth builders.
Then, take 5% of your net worth and stick into Crypto.
Doing so limits your downside, while enabling you to enjoy massive gains during the next bull market cycle. Low risk, high reward.
Alright, with this warning out of the way, here are the three main coins that I keep in my lazy crpto portfolio.
1. BitCoin
The biggest, most well-known of all Crypto Coins. Everyone’s heard of it, even non-investors.
In terms of digital currency, BitCoin is a household name.
Additionally, the BitCoin’s price affects every other coin. If BitCoin goes up, so does everyone else. If it goes down, then the other currencies will drop. In all honesty, you could probably make a single holding portfolio of nothing but BitCoin and still do well.
Because of its size and influence, BitCoin is a must-have item.
2. Litecoin
Litecoin gets a lot of hate. People mock it and say there’s no value in holding this currency.
They’re dead wrong.
Litecoin is something of a “testing ground” for its big brother. Almost every major BitCoin advancement originally began on the Litecoin network.
Another worthy addition to the lazy crypto portfolio.
3. Monero
This is a truly anonymous coin made for completing untraceable transactions. Buyers and sellers using this coin cannot be tracked or identified.
This makes Monero ideal for many black market businesses (like selling drugs), but it’s also useful for sheltering your own money from corrupt politicians or sketchy financial institutions.
Unless you tell them, no one else knows about your Monero holdings.
That’s “secret money” you can always fall back on during an emergency situation. I’d hold Monero for the same reason I’d hold gold bullion. It’s a hedge against unforeseen consequences.
Lazy Crypto Portfolio: Final Word
If you’re looking for a simple way to invest in Crypto, this is an excellent starting place.
The lazy portfolio let’s you hold some of the biggest blue-chip coins around, allowing you to grow your wealth when Crypto rebounds.
Buy, hold, and wait for markets to improve. It’s as simple as that.
P.S. Looking to get started with your lazy crypto portfolio? Why not invest through CoinBase? CoinBase is the world’s largest Crypto exchange, offering all the biggest currencies. Best of all, you’ll get $10 in free BitCoin when you join through this referral link.