Index-Based Coin Sets: Best Way to Invest In Crypto
Now, you can diversify by buying various coins in amounts that match your risk tolerance. However, picking which coins to invest in from the many options can be overwhelming.
Mudrex offers a better solution through its innovative Coin Sets. Read on to discover why Mudrex’s Coin Sets can be an excellent addition to your crypto portfolio.
What are Coin Sets?
Coin Sets are curated crypto baskets grouped together as an index or based on a theme. Unlike individual coin investments, Coin Sets offer investors a holistic approach to risk management by spreading their investments across various cryptocurrencies.
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details»Mudrex's index-based Coin Sets are a lot like stock market indexes. Stock market indexes provide investors with instant diversification across a variety of stocks. They also save them the hassle of picking individual stocks effectively. Similarly, Coin Sets allow crypto investors to participate in the market's growth without the complexities of active coin/token picking.
Unlock Crypto Investment Excellence with Mudrex Coin Sets
Types of Coin Sets
Mudrex offers two types of Coin Sets on its app:
Crypto Indexes
Similar to how a stock market index tracks the overall performance of its constituent stocks, a Coin Set mimics the performance of a defined index. Mudrex provides a range of index-based Coin Sets based on various coins’ market cap. Examples include Crypto Blue Chip, Crypto Mid Cap, Crypto Small Cap, and Crypto Broad Market Index.
For value-oriented investors, the Crypto Blue Chip Coin Set is worth considering. If
