Crypto20 is an index fund of the top 20 tokens rebalanced weekly. In a bull market it seems to be performing at least twice as well compared to bitcoin with the potential to go higher. Why you may ask? Because alts have a lot more room to grow than bitcoin. In a bull market, the top alts are typically backed by bitcoin on the downside but on the upside the sky is the limit! On the other hand in a bear market we can assume that that theory will be reversed. Index funds are an easy way to be exposed to the wider market without having to manage a complicated portfolio yourself.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.