When cryptocurrencies first started popping up 10 years ago, for the most part, only gamblers and speculators invested in them. But a lot has changed since then. Today crypto trading has become almost mainstream, and some financial experts believe investors should dedicate two to five percent of their portfolios to crypto assets. That said, cryptocurrencies still display extreme volatility, and cryptocurrency markets are evolving at breakneck speeds. If you’re going to invest in them, you’ll need a reliable trading platform with cutting-edge investing tools, an easy-to-use app, and plenty of expert advice. In short, you’re going to want to invest with eToro.
While some high-profile investment gurus still express disdain for cryptocurrencies, ostensibly because they are relatively unproven commodities, others are cautiously optimistic about the future of virtual currencies. Of course, nobody is advising investors to take a full-on plunge into crypto investing. But with the cryptocurrency market now worth an estimated $270 billion, many think you’d be crazy not to get your toes wet.
Mike Alfred, CEO of Digital Assets Data, believes bitcoin is the most important asset class of our lifetime, and that every investor should allocate up to 5 percent of their portfolios for crypto assets. David Tawil, president of Maglan Capital, recommends investors own between 2 and 3 percent in crypto assets. Even Mark Mobius has changed his tune. The cofounder of Mobius Capital Partners, who once famously branded bitcoin a “fraud,” now believes cryptocurrencies will be "alive and well" in the future.
If you’re ready to get your toes wet in the crypto pool, there’s no better platforms than eToro.
First launched in 2007, eToro has been on a mission to democratize traditional investing by opening up financial markets to everyone. Today they specialize in crypto trading, allowing investors to create diversified portfolios with 14 of the most popular coins. These include Bitcoin, Ethereum, Ethereum Classic, Dash, XRP, Litecoin, Bitcoin Cash, Stellar Lumens, NEO, EOS, Cardano, IOTA, TRON, and ZCash.
EToro is a social trading platform. That means investors can connect and interact like they would on social media, pooling knowledge and sharing investing tips and strategies. The intuitive eToro app features a newsfeed that lets you follow market trends in real time, as well as customizable notifications that alert you to new developments pertaining coins on your “watch list.”
When it comes to making trades, eToro gives you a variety of options. Those who like to do things themselves can make manual trades using the app's clean and intuitive interface. EToro even has a cool “virtual portfolio” feature that lets you practice and hone your strategies before you get started.
Those who want a little more help can use the innovative CryptoPortfolio feature. With CryptoPortfolio, eToro’s investment experts create and manage a diversified and balanced portfolio of top-performing cryptocurrencies. This kind of service has been around forever with traditional asset classes, but eToro is the first to do it for cryptocurrency.
Looking for something in between manual trading and CryptoPortfolio? Coming soon is another revolutionary option called CopyTrader. With CopyTrader, you’ll be able to compare the performance of top traders of the social investing platform and replicate their activity automatically and in real time.
When you trade with eToro, you trade with total confidence. With over 10 years experience in the fintech industry, you know eToro’s platform is safe and secure. You also get total transparency. Every trade executed immediately at the price listed with no hidden fees.
If you’re thinking it might be time to add cryptocurrencies to your investment portfolio, there’s no better place to start than with eToro.
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