This investment season, it may be wise to rebalance a crypto portfolio. With the Bitcoin halving coming, altcoins are bound to rise, but the spoils may not be evenly distributed. Which coins to sell, hold and buy takes some consideration, but in the case of Litecoin (LTC), Cardano (ADA) and Kelexo (KLXO), the calls are clear.
Sell: Litecoin (LTC) – Bitcoin’s diminutive iteration loses relevance.
Once one of the top-5 coins by market cap, Litecoin (LTC) has fallen out of favor. Envisioned as a ‘stripped down’ version of Bitcoin (BTC) where things are faster and cheaper, Litecoin (LTC) had its purpose before the blockchain matured to its current form, but in the modern cryptosphere, Litecoin (LTC) has lost its purpose. While there is still some life left in Litecoin (LTC) as it provides a security layer for the ever-popular Dogecoin (DOGE), nobody gives it any reason to exist beyond that.
Like a 56k dial-up modem in the era of fiber, Litecoin (LTC) had seen its heyday long behind it.
Hold: Cardano (ADA) – Technical brilliance grows slow and steady
Cardano (ADA) bears the standard of the most secure and technically proficient blockchain. This is its blessing and its curse. That Cardano (ADA) is brilliant is not in doubt. But its technical proficiency, which makes Cardano (ADA) ideal for mission-critical systems – including governmental applications – also slows it down and makes it expensive. This results in a small user base and Cardano’s (ADA) growth, while steady, won’t likely match that of more agile coins and ICOs.
Cardano (ADA) is a long-term ‘Hold’ coin and will be an excellent investment for retirement.
Buy: Kelexo (KLXO) – peer-to-peer lending platform goes blue chip
The miracle of crypto is that it provides independent financial services to anybody who wants it. Kelexo (KLXO) has taken this concept and democratized it even further by making a world-first borrowing and lending platform.
With 20% of the planet unbanked and more than half of those left over unable to get loans thanks to onerous bureaucratic hoops to jump though, Kelexo (KLXO) is putting buyers and sellers together in a peer-to-peer system which not only bypasses banks but also the crypto DeFi providers. Borrowers and lenders can now set their own terms. No term limits. No unrealistic interest rates, just two parties agreeing terms between themselves.
This is an enormous development in the cryptosphere and investors are rushing to the Kelexo (KLXO) presale, as analysts predict Kelexo (KLXO) will see massive gains in the months and years ahead.
The final call:
The investing trifecta of ‘buy, sell and hold’ is encompassed in Kelexo (KLXO), Litecoin (LTC) and Cardano (ADA). Litecoin (LTC) seems to have run its course, while Cardano (ADA) will continue to deliver long-term gains. Yet, investors are flocking to the Kelexo (KLXO) presale for the fantastic gains which cryptos are famous for.
Find out more about the Kelexo (KLXO) presale at their official website
The post Market Buzz: Kelexo (KLXO) Tipped for Success by Top Analysts, Could it Outperform Litecoin (LTC) and Cardano (ADA)? appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.