FMA Crypto Portfolio: Trade 14 Options 9/27/2021
The second investment is being looked at is BTC. We need YOUR participation to decide on what stays and what goes. The poll is now live on our Twitter and will be up until this Friday 10/1/21.
Bitcoin (BTC) — the first cryptocurrency with a market cap of $811.1B (as of 9/27/2021). The goal of BTC is to enable global peer-to-peer transactions that are secure, anonymous, cheap, and most importantly — decentralized.
Polygon (MATIC) — an ETH token that provides a scaling solution for Ethereum. Essentially, you deposit ETH into a Polygon smart contract that operates using Layer 2 sidechains and then withdraw them back into the Ethereum main chain. It currently has a market cap of $7.4B (as of 9/27/2021).
Polkadot (DOT) — a protocol that enables cross-blockchain transfers of any type. DOT connects blockchains thus ensuring greater security and scalability. It’s current market cap is $27.6B (as of 9/27/2021).
Uniswap (UNI) — an Ethereum token that powers Uniswap, an automated liquidity provider. There is no orderbook or central facilitator, instead tokens are exchanged through liquidity pools that are defined by smart contracts. The current market cap is $13.9B (as of 9/27/2021).
FMA CRYPTO PORTFOLIO:
A live view of our portfolio can be seen on CryptoCompare here. The portfolio is fully invested and we will sell another chunk of Ether to purchase the most voted cryptocurrency from the poll. If you need an update on the rules, please find them here.
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