The Capital: How to Save Your Funds with Crypto If the Crisis Will Happen?
How to Save Your Funds with Crypto If the Crisis Will Happen?By CryptoIndex on The CapitalIn times of crisis, many people have a question: how to save money in this period? It is no secret that in such turbulent times, banks begin to limit the cash out of funds, as happened in Argentina, Venezuela or Iran. No one gives guarantees that tomorrow, the banks will not stop issuing funds.Also, in connection with the latest situation around the coronavirus, the market may begin to react very differently. This is already happening right now:In China, many factories stood up due to the outbreak of COVID-19. Perhaps a sharp increase in the cost of many vital tools and other stuff;Aviation and maritime transport companies reported possible profit losses due to stopping routes to countries with a focus of the virus;Cancellation of sports and public events;Cancellation of international meetings within the framework of the heads of state;The fall of the S & P 500 and other indices.These are only the main factors that, according to analysts, can only lead to an outbreak of the coronavirus. And how many more pitfalls await us in the new year?The fall of the S & P 500 due to an outbreak of coronavirus in a few days. Source: TradingView.Bloomberg showed the displayed recession and the dynamics of the Fed rate on the chart against the backdrop of hearings in Congress. At them, Jerome Powell said that the FED has only a few tools to influence the situation in the event of a crisis.As you can see from the graphs, the traditional market is no less shaky than cryptocurrency. It’s not worth hoping even for assets that would seem familiar to the investor.What to do to prevent loss of profit?Diversify RisksEvery investor knows that they need to diversify their assets. But do they follow this rule?Most prefer to use gold, real estate, and other assets as portfolio diversification. But do they look in the direction of cryptocurrencies? Maybe. They often pay attention to only one crypto asset, which has not fully diversification(Bitcoin or Ethereum). Investors and major financial players are looking for some traditional tools on the crypto market. Which one?Indices — as a ready-made strategyDespite the fall of indices in the traditional market, they remain the best indicator of the market. Even experienced investors like Warren Buffett adhere to this trading strategy because it is absolutely clear even to newcomers.Each index is the weighted average of several companies. At its core, the index strategy is superior to conventional portfolio management in that it is easier to enter, you do not need to have a large amount. When buying an index, you formally buy shares of several companies, thereby diversifying your risks to a minimum.Cryptocurrency indicesThere are currently several cryptocurrency indices on the market. Our index, unlike the others, is listed on the NASDAQ stock exchange and is available in Google (Subscription is welcome😉)Unlike other indices, the CIX100 uses a neural network to achieve a better result, I analyze more than 3,000 coins based on 200 factors, thereby excluding coins with fake volumes and scam coins.*If you put 5% of your funds in CIX100, and the rest would be kept in cash.Our index also has good indicators relative to the market, being in a row with the indices of such large companies as Amazon, Google, and Apple. The CIX100 is an absolutely tradable index available to both institutional investors and beginners. The index contains 100 coins selected by our neural network, based on 200 factors.Asset diversification is the key to a successful investment.How do you diversify your assets?Write in our 👉chat🙌The Capitalhttps://medium.com/media/3b6b127891c5c8711ad105e61d6cc81f/hrefHow to Save Your Funds with Crypto If the Crisis Will Happen? was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.
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