Crypto bot Real Vision, which earned a name for itself for outperforming the markets has revealed its 4 best portfolio allocations. The bot conducts a survey every week creating an algorithm-based portfolio assessment in concord with the Hive Mind. For the uninitiated, the Hive Mind survey gathers information on the collective consciousness, behavior and retrieves common ground among a group of people, predicting which direction a group could progress.
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After taking a survey from traders, Real Vision tweeted earlier today that 4 cryptos can be diversified into investors’ portfolios to gain better returns. The crypto that took the sweet top spot is Terra (LUNA) at 70%. Ethereum (ETH) is a hair’s breadth behind at the same 70%. Also, ranked third this week is Bitcoin (BTC) at 67% and the fourth place goes to Solana (SOL) at 60%.
Also, Polygon (Matic), Avalanche (AVAX), Cosmos (ATOM), PolkaDot (DOT), and Fantom (FTM) have made it to the top 10 portfolios to diversify.
Nonetheless, while the above data shows the interests of the traders, Real Vision bot complied its own portfolio for the week. Terra again took the top spot with 31.8%, while Bitcoin claimed the second spot at 23.6%. The third is Ethereum at 21.2% while ThorChain (RUNE) was placed in the fourth position at 17.3%.
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The Real Vision Bot is co-developed by quant analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.
The ‘Up & Down’ Swings of Bitcoin & the Crypto Market
Bitcoin slipped below the $39,000 mark yesterday dragging the entire crypto market down with it. BTC dipped -6.5% yesterday creating fears of a further slump in the indices. However, Bitcoin reclaimed its space and crossed the $40,000 mark today, and is trading in the green.
The overall crypto market is up today showing signs of recovery. Also, financial analyst John Squire, partner at Ojamu, an AI & Blockchain-powered platform spoke exclusively to Watcher Guru stating that the market usually dips on Mondays but gradually sees a spike mid-week. He urged investors not to panic as yesterday’s dip will not last for long.
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“Do not lose your cool,” Squire said and continued, “Normally on Mondays Bitcoin tends to go down, and gradually it will go up again.” He predicted that BTC will trade above the $42,000 mark this week and might go further in price too.
At press time, Bitcoin was trading at $40,707 and is up +2.54% in the 24-hours day trade.