A portfolio in cryptocurrency refers to a collection of different digital assets held by an individual or investor. These assets can include various cryptocurrencies, such as Bitcoin, Ethereum, and altcoins, as well as tokens from projects or decentralized finance (DeFi) platforms.Building a portfolio involves selecting a mix of assets based on factors like risk tolerance, investment goals, and market trends. Diversifying across different cryptocurrencies can help reduce risk, as not all assets tend to move in the same direction at the same time.Investors often track the performance of their portfolios to make informed decisions about buying, selling, or holding assets. There are various tools and applications available to help manage and analyze cryptocurrency portfolios, providing insights into market value, performance over time, and potential opportunities for growth. This approach enables investors to navigate the often volatile nature of the market more effectively.
Ripple, Absa Partner to Launch Digital Asset Custody in South Africa
Ripple has entered a strategic partnership with Absa Bank to provide digital asset custody services to customers in South Africa,