The first cryptocurrency retains the status of the King of the Cryptornka, but it is time to consider other assets, in particular, the broadcast, the investment director of Bitwise, Matt Housogan, said investors.

According to Matt Hawgan, now there have been discussions among investors to start diversification of crypto portraits. The expert compared the existing situation with the 2004 Internet market, when leadership Google Amazon and Netflix did not stop the companies to get a lot of profitability.

“Bitcoin leads in capitalization and liquidity. But blockchain as the Internet is universal technology. In addition to money, it allows you to create decentralized applications, tocenize assets and change business models. By 2030, it is not known which asset will show the best dynamics. But if you believe that the blockchain will change everything, diversification is logical, ”Housogan said.

Investors who consider cryptocurrency only as a tool for protection against inflation can keep bitcoins in the portfolio. The rest should be distributed by the capital between other virtual coins and not try to guess future leaders, says BitWise investor director. In his opinion, actively controlled funds in 97% of cases lose to indexes and in crypto is especially relevant – it is better to invest “in the overall picture” here.

Earlier, Matt Hawgan in a note for investors said that if the US Congress does not accept “cryptocurrency laws”, the next three months will be extremely difficult for the industry.