Revix allows people at invest in crypto like Warren Buffett wants you to invest in stocks: for the long term by buying a low-cost, diversified basket of the largest cryptocurrencies that automatically updates each month with the rapidly changing cryptocurrency market.
Cryptocurrency is revolutionizing the way value is transferred across the world. It’s no mystery that crypto itself is hard to understand, let alone the underlying blockchain technology it runs on – and how to invest in it safely is not yet well understood. Still, demand for cryptocurrencies is growing at an accelerating rate after Tesla recently bought $ 1.5 billion worth of bitcoin.
Examples of mainstream institutional adoption in crypto markets in 2021 continue to abound. Global banks such as Goldman Sachs, Fidelity and Bank of New York Mellon are contradicting the trend of dozens of companies like MicroStrategy now holding cryptoassets on their balance sheets in billions of dollars in reserve. In fact, you can’t turn on the TV or open the newspaper without the latest news on some wealthy individuals or blue chip companies adopting crypto assets or the latest bitcoin price hike.
Sean Sanders, the founder of crypto investment platform Revix, which is backed by Sabvest, listed on JSE, says, “You can choose individual cryptocurrencies to invest in, but even experienced traders find it difficult to choose individual / specific cryptocurrencies that consistently outperform the overall market. By purchasing a bundle, much like a unit trust, you avoid the guesswork. “
It is perhaps not surprising then that the simple and inexpensive solution of Diversified Crypto Bundle investing through Revix, which tracks the broader crypto market, has become such a hit with investors. By buying a share of bitcoin, ethereum, litecoin, and cardano all in one, you are reaping the rewards of their success without getting too carried away when a single cryptocurrency falls sharply.
Like the Top40
This is a similar approach to buying the JSE Top40 Index, but only for crypto, and it’s a proven way to spread risk through diversification and take advantage of the returns of larger cryptocurrencies. Signing up is quick and easy, the platform offers bank-grade security, the minimum investment is only R500, and there are no monthly fees. You can sell your crypto investment at any time after buying and withdrawing your funds: there is no blocking period like with other investment funds.
The Top 10 Bundle spreads your investment evenly across the 10 largest cryptocurrencies – which cover roughly 85% of the crypto market as measured by market cap – each with a weighting of 10%. By default, you buy the 10 biggest success stories in the crypto space. The weights are adjusted monthly to ensure that no cryptocurrency exceeds a 10% weight.
While bitcoin accounts for roughly three-quarters of the total crypto market cap, it only accounts for 10% of the weight in the Top 10 Bundle. And while it is true that bitcoin has been the main player in crypto in recent months, it has in fact underperformed the broader crypto market across almost all time horizons in the longer term.
In fact, while bitcoin has risen nearly 430% in the past 12 months, ethereum, polkadot, litecoin, and chainlink are all up over 500%, having significantly outperformed bitcoin on a relative basis. This has helped Revix’s Top 10 Bundle return by 509% over the past 12 months.
In addition, Revix offers two thematic cryptocurrency bundles that provide exposure to groups of cryptocurrencies with similar functionality and goals.
The Payment package provides exposure to the top five payments-driven cryptocurrencies that seek to compete with government-issued fiat currencies to make digital payments cheaper, faster, and more global. These cryptos include Bitcoin (BTC), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH) and Stellar (XLM).
The Smart Contract Pack tracks cryptocurrencies that aim to deliver an open source public network without downtime, fraud, third party control or interference. Smart contracts use the blockchain to enable peer-to-peer transactions without the need for third-party verification. This bundle includes cryptocurrencies like ethereum that allow developers to build apps on top of their blockchains, just like how developers build mobile apps on Apple iOS. Cryptos in this bundle include ethereum, cardano, tron, neo, and EOS.
Revix is available to everyone. Whether it’s an R500 investment or a million R1’s, the online platform is ideal for people who want to get into crypto but don’t know where to start. Sanders says, “Our primary goal at Revix is to make it easier to invest so that many more people have access to and can take advantage of the massive opportunities in today’s markets.”
“Our crypto packages are unique in that they automatically rebalance once a month, so clients’ investments stay up to date with the latest developments in the crypto market. The best performing cryptocurrencies are included in our bundles while the worst performing ones are removed, ”said Sanders.
After opening an account on www.revix.com, you can then transfer rand, and within minutes you can invest. You can also buy Bitcoin, Ethereum, USDC (a US dollar “stablecoin”) and Pax Gold which is an asset backed token backed 1: 1 by physical gold bars held in the coffers of the London Brinks.
For more information, visit Revix.
Warning: This article is intended for informational purposes only. The opinions 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 consider your level of experience and investment goals, and seek independent financial advice if necessary.
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Invest in cryptos like Warren Buffett wants you to invest in stocks
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