Investors have long understood the benefit of investing in blue chip stocks that have weathered market storms and have a deserved reputation for delivering quality earnings.
The term “blue chip” was first coined by Dow Jones News Service reporter Oliver Gingold in the 1920s to describe high-quality shares that were considered safe and more likely to reward shareholders over time.
Since then, thousands of exchange-traded funds (ETFs) and indices have been developed and invested exclusively in these high-quality stocks, offering investors exposure to stocks such as Apple, Microsoft, Meta, Tesla and Coca-Cola.
The same has now happened in the crypto space. Revix, a South African-based investment platform known for its crypto index products, recently added the Blue Chip Bundle to its crypto product mix.
Like blue chip stocks, blue chip cryptocurrencies are sector leaders with large market capitalisations, global adoption, and a track record of long-term reliability – think bitcoin (BTC) and ethereum (ETH).
But there are other fast-developing sectors within the crypto space, such as payments, Web3, the Metaverse and decentralised finance (DeFi), each of which is modernising the financial sector. For example, payments can be made using blockchain technology in seconds and at a fraction of the costs of traditional finance. DeFi is opening opportunities for lending, borrowing, and transacting, completely outside of the banking system, without the need for credit applications and the associated heavy costs.
The Blue Chip Bundle captures the best opportunities in each of these crypto sub-segments.
Why invest in blue chip cryptocurrencies?
“The cryptocurrency market is still nascent and volatile, but it offers early investors a chance at being in on the ground floor of the next Apple or Coca-Cola,” says Revix CEO Sean Sanders.
“Thousands of cryptocurrencies are striving to transform and disrupt global industries with cutting-edge technology, so identifying the next global success story is no easy feat. This is where investing in blue chip cryptocurrencies can help you cut through the noise generated by thousands of coins and focus your investments on cryptocurrencies that are sector leaders and are more likely to capture this generational opportunity.”
Buying and holding the Revix Blue Chip Crypto Bundle is an investment strategy that offers investors equal weighting in the top cryptocurrencies in each of crypto’s 10 major sectors.
This approach to crypto investing is different from inter-day crypto trading and focuses on diversification in an emerging investment class. It eliminates the need for hours spent trying to understand the dynamics of a market with more than 15 000 cryptos and guess which are the likely winners. Cryptos that make it into the bundle are selected based on market value, with project value being the most powerful demonstration of success.
Benefits of the Blue Chip Bundle
- Own the best-in-class cryptocurrencies: These are cryptos that are durable, well-recognised in the market and have large market caps. In short, these are the crypto success stories.
- High return potential: Blue chip cryptos have demonstrated strong historical growth in value. The potential for future growth, while not certain, should improve as mainstream adoption gains traction and as blockchain technology matures.
- Diversification: Investments are spread across different crypto sectors, thereby reducing volatility risks (within a highly volatile sector).
- Automatic monthly rebalancing: Revix automatically rebalances the bundle each month to ensure that only high-performing cryptos, based on market cap, are included.
Constituents of the Blue Chip Bundle
The following table shows the constituents of the Blue Chip Bundle in each of the 10 major sectors covered.
Performance since 2021
Revix’s Blue Chip Bundle has shown an impressive 815.47% return since the beginning of 2021, outperforming the likes of ethereum (142.17%), the US stock market (10.05%) and bitcoin (-1.42%) over the same period.
“The purpose of this crypto bundle is to offer investors a relatively safe way to gain exposure to the best-of-class in each of the main crypto sectors,” says Sanders. “This way they get to invest in the technological leaders of tomorrow, all through one single investment.”
Promotion
Revix is offering its users zero buy-in fees on the Blue Chip Bundle for a month, from 2 to 31 May 2023.
Investments from as little as R150 are accepted. To find out more about the Blue Chip Bundle, click here.
Invest with Revix today and start your journey with as little as R150.
You can download the Revix mobile app from the iOS App or Play Store today and get started.
Article disclaimer
This article is intended for informational purposes only. The views expressed are not and should not be construed as investment advice or recommendations. This article is not an offer, nor the solicitation of an offer, to buy or sell any of the assets or securities mentioned herein. You should not invest more than you can afford to lose, and before investing, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Remember, investing in cryptocurrencies is considered a high risk investment meaning you can lose money when investing.
For more information, please visit www.revix.com.
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