FMA Crypto Portfolio: Trade 2 Options 4/26/2021
I think our first poll went well, we had decent participation but remember we need you to participate to keep it going. The second poll is now live on our Twitter and will be up until this Friday 4/30/21.
Investment Options:
Bitcoin (BTC) — the first cryptocurrency with a market cap of $1T (as of 4/26/2021). The goal of BTC is to enable global peer-to-peer transactions that are secure, anonymous, cheap, and most importantly — decentralized.
Chainlink (LINK) — an Ethereum token, LINK looks to decentralize the oracle network. Its goal is to solve the issue of obtaining off-chain data needed to operate blockchain based smart contracts. It currently has a market cap of $14.5B (as of 4/26/2021).
Maker (MKR) — an Ethereum token, the Maker system is used to generate DAI (a stable token). The MKR token, apart from generating DAI, is also a governance token to vote on the risk management and business logic of the system. It’s current market cap is $4B (as of 4/26/2021).
SushiSwap (SUSHI) — an Ethereum token that powers the decentralized cryptocurrency exchange and automated market maker. The SushiSwap is community run, so anyone holding SUSHI can vote for changes. The current market cap is $1.6B (as of 4/26/2021).
FMA CRYPTO PORTFOLIO:
A live view of our portfolio can be seen on CryptoCompare here. The portfolio is currently invested fully in Ether which will be sold to purchase the most voted cryptocurrency from the poll. If you need an update on the rules, please find them here.
Weekly Updates Newsletter:
Sign up for the newsletter here!
