2 Cryptocurrencies to Avoid, and 1 to Buy Hand Over Fist
The conventional wisdom is that most cryptocurrencies will tend to rise higher in a crypto bull market rally until they reach new all-time highs. While that might be the case for Bitcoin (CRYPTO: BTC), it's not necessarily true for other cryptocurrencies.
If you want to maximize the performance of your crypto portfolio, you'll need to know which cryptos to avoid and which ones to buy hand over fist. With that in mind, here are my top suggestions.
While Cardano (CRYPTO: ADA) is still a top 10 crypto on the basis of its whopping $15.5 billion market cap, it continues to lose ground to other cryptocurrencies. At the end of May, for example, meme coin Shiba Inu briefly surpassed Cardano in terms of market cap. If there's any crypto that has an annoying habit of trading flat for months at a time, it's Cardano. Investors keep waiting for a huge Cardano breakout rally past the $1 mark, but nothing ever seems to materialize.
Source Fool.com
