3 Lessons You Can Take From NASDAQ’s Crypto Picks And Win Big In The Future

Join in the fun and play on the world’s First Hybrid on-line Casino with BTC and Fiat currency payments. Check on-line for latest promotions.

NASDAQ has released an article detailing some of the cryptocurrencies that they believe will do well in the future. Given their vast experience in the financial markets, NASDAQ’s picks should be taken seriously by anyone who is going into crypto for the long-haul.  Beside, one can also use NASDAQ’s criteria of picking there cryptos of choice to foretell the type of cryptos that institutional players could get involved with in the future.  That’s because once they start pouring their billions into crypto, the only retail winners will be those who go with their flow. Anything else you hold no matter how fundamentally promising it looks to you, will not be relevant. So what’s the number one lesson that an investor can take from NASDAQ’s picks of Stellar (XLM), Litecoin (LTC) and Bitcoin (BTC)?

The first lesson that you should take from NASDAQ’s picks is that Bitcoin will continue to dominate the crypto market, despite its many shortcomings. For Bitcoin investors, this could be an indicator that bitcoin ETF’s are coming in the near future, and NASDAQ knows it will be big. In essence, no matter how diversified your crypto portfolio is, it wouldn’t hurt to have some Bitcoin (BTC) in your portfolio. The big boys in finance see a future in it. There is absolutely no reason for you to go against the grain, and miss out on super profits later along.

The second lesson you can take from this is that institutional players do believe that the future is in a decentralized internet. That’s why NASDAQ points out that they are picking Litecoin (LTC) because it has the potential to become a cross-blockchain decentralized application. This should be a hint that cryptos that are geared towards interoperability could be a major hit in the future. That’s why a savvy investor would be looking into crypto such as blocknet (BLOCK) and the likes of Aion (AION). In a few years, the internet could look very different from what we have today, and cryptocurrencies that facilitate internet decentralization could be worth multiples of what they are worth today.

Last but not least, on the lessons that one can take from NASDAQ’s choices is that the big boys do believe that total decentralization in global payments systems is the future. That’s because NASDAQ has picked Stellar (XLM) as the crypto that could take over the global cross-border payments. This might come across as a surprise because Ripple (XRP) is the crypto that many expect to dominate this market. Given that the key difference between Ripple and Stellar (XLM) is in the level of decentralization, it could mean that decentralization is part of what will play a role in determining what will go truly mainstream in cross-border payments technologies. However, this doesn’t mean that NASDAQ’s criteria is a benchmark, they could actually end up being terribly wrong. But it doesn’t hurt to put their picks into consideration. Analyze their moves but at the same time do your own research.

Here at Dollar Destruction, we endeavor to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

Author: Nicholas
Image Credit