Crypto investors are nothing if not spoiled for choice. Having overcome the first and the most obvious entry point into the market – Bitcoin, they start searching for other digital assets that can be even more profitable. And there are thousands of alternatives to choose from.
Сrypto index tokens simplify the process of choosing alternatives and make it less time-consuming, since they allow investors to give their portfolio broader exposure to the digital asset market without diving into the intricacies of each project they want to back. Indices also allow to instantly diversify holdings while reducing exchange fees and other hidden costs that come with manually managing a diversified portfolio.
Unlike indices based on traditional stocks, cryptocurrency indices can be redeemed for their underlying tokens, and quite easily. Since it’s possible to redeem the index’s underlying assets using its token, newcomers have an excellent starting point. But which one to take a look at first?
One of the easiest ways is to choose an index with a clear underlying strategy. And this is where the BitDriven index token comes in, representing the so-called Bitcoin driven strategy.
Bitcoin driven strategy
Every 4 years there is a halving in the Bitcoin network (mining income decreases twofold) followed by active market growth, when Bitcoin updates its historical price parameters.
Reasons for the Bitcoin price growth after the halving:
- The volume of BTC entering the market is cut in half;
- The cost of mining grows twofold;
- Within half a year, a deficit is formed;
- A total of 21 million BTC will be issued, of which 19 million have already been issued (only 2 million left).
Related reading: Bitcoin halving 2024: what is it and why does it matter?
This is why the most common strategy for crypto investors is to buy BTC during the dip before the halving. Since the next halving (in spring 2024) is set to bring the price of Bitcoin to a new high, this strategy is projected to give about 1,000% upside.
Related reading: Bitcoin price prediction on the verge of halving 2024
Yet the most lucrative strategy for crypto investors is to buy coins that historically outperform Bitcoin after the halving to receive outstanding results in their portfolio management – up to 1,200% profit or even more. But why are we talking about such a great upside potential?
Why should BitDriven bring up to X12?
Using our internal methodology and machine learning algorithm we have analyzed the market's past behavior and selected coins which are highly likely to demonstrate great upsides – X10, X12 and even X15 – during the next BTC bullish cycle. These coins – well-established, with strong fundamental reasons for outstanding performance and a successful track record – were picked to form a portfolio*, represented by the BitDriven index token.
BitDriven index token is the next level of your comfort and confidence with all advantages of premium asset management. It relieves you from the necessity to collect historical data, pick special coins, balance the portfolio, and constantly adjust it to ever changing market conditions to get a high profit. Our in-house analysts thoroughly analyze each coin's roadmap, corporate events, and general market situation and rebalance the portfolio accordingly.
Imagine: You simply hold the BitDriven index token. We do our best to bring you great results.
The sale of BitDriven will open up soon and last for only 200 hours. You may join the waitlist not to miss the launch. More than 8.8K crypto enthusiasts are already on the waitlist!
To join the waitlist, go to the website, tap the “I do” button and fill in the form.
While you are waiting for the launch, download Choise.com App and register, as the sale of BitDriven will be available only for the App users.
*The list of tokens inside the BitDriven portfolio will be provided to holders after the launch of the strategy.