During these times of extreme Bitcoin value gains, it is important to keep diversifying one’s portfolio. Creditbit still makes for an excellent investment while the price remains below US$1. Right now, one CRB is valued at US$0.0968, but there is nothing preventing it from going over the US$1.25 mark in the near future. The community remains excited during this time, that much is evident.
Creditbit Is Still A Worthy Investment
There has never been a better time to diversify one’s cryptocurrency portfolio than right now. It looks like there is slightly less money circulating in crypto right now, although we are still well above the US$50bn mark. Bitcoin has regained some of its dominance. In fact, the Bitcoin Dominance Index is back at 55.3%, whereas it was just above 51% a few days ago.
All of this goes to show people are converting altcoins back to Bitcoin. While that is understandable given the current price trend, it is not necessarily the best option. Keeping a portfolio of a few altcoins is more than worth at, as a rising BTC price means altcoins become available at a discount all of a sudden. For Creditbit, this means people can buy up a stash of CRB below the US$mark each.
Now is the time to look into the altcoins that matter. Ripple and Creditbit are two of the coins poised to break out sooner or later. Creditbit maintains over US$500000 in volume despite only being listed on smaller exchanges. People are actively wondering why Bittrex has not added them yet. For now, there seems to be no logical explanation for this behavior.
In the end, it is important to keep tabs on what is going on in the cryptocurrency world Since the move to Ethereum’s blockchain, CRB has gained access to new technology. Smart contracts and DAOs are just two of the offerings available to users. There is a lot more to come, and when these new features arrive, the CRB price will shoot up pretty quickly.