TechCentralTechCentral
    Facebook Twitter YouTube LinkedIn
    Facebook Twitter LinkedIn YouTube
    TechCentral TechCentral
    NEWSLETTER
    • News

      Management shake-up at TymeBank – including a new CEO

      24 May 2022

      Standard Bank CEO apologises for weekend downtime

      24 May 2022

      South Africa fifth in Africa for blockchain funding

      24 May 2022

      Hein Engelbrecht to lead Mustek on interim basis

      24 May 2022

      Datatec in talks over Analysys Mason unit

      24 May 2022
    • World

      Terra collapse triggers $83-billion DeFi slump

      24 May 2022

      Zuckerberg sued in personal capacity over Cambridge Analytica

      24 May 2022

      Is the end of the bitcoin winter nigh?

      24 May 2022

      Zoom leaps higher on upbeat forecast

      24 May 2022

      Michael Dell becomes kingmaker in Broadcom, VMware deal

      23 May 2022
    • In-depth

      Bernie Fanaroff – the scientist who put African astronomy on the map

      23 May 2022

      Chip giant ASML places big bets on a tiny future

      20 May 2022

      Elon Musk is becoming like Henry Ford – and that’s not a good thing

      17 May 2022

      Stablecoins wend wobbly way into the unknown

      17 May 2022

      The standard model of particle physics may be broken

      11 May 2022
    • Podcasts

      The rewarding and lucrative careers to be had in infosec

      23 May 2022

      Dean Broadley on why product design at Yoco is an evolving art

      18 May 2022

      Everything PC S01E02 – ‘AMD: Ryzen from the dead – part 2’

      17 May 2022

      Everything PC S01E01 – ‘AMD: Ryzen from the dead – part 1’

      10 May 2022

      Llew Claasen on how exchange controls are harming SA tech start-ups

      2 May 2022
    • Opinion

      A proposed solution to crypto’s stablecoin problem

      19 May 2022

      From spectrum to roads, why fixing SA’s problems is an uphill battle

      19 April 2022

      How AI is being deployed in the fight against cybercriminals

      8 April 2022

      Cash is still king … but not for much longer

      31 March 2022

      Icasa on the role of TV white spaces and dynamic spectrum access

      31 March 2022
    • Company Hubs
      • 1-grid
      • Altron Document Solutions
      • Amplitude
      • Atvance Intellect
      • Axiz
      • BOATech
      • CallMiner
      • Digital Generation
      • E4
      • ESET
      • Euphoria Telecom
      • IBM
      • Kyocera Document Solutions
      • Microsoft
      • Nutanix
      • One Trust
      • Pinnacle
      • Skybox Security
      • SkyWire
      • Tarsus on Demand
      • Videri Digital
      • Zendesk
    • Sections
      • Banking
      • Broadcasting and Media
      • Cloud computing
      • Consumer electronics
      • Cryptocurrencies
      • Education and skills
      • Energy
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Motoring and transport
      • Public sector
      • Science
      • Social media
      • Talent and leadership
      • Telecoms
    • Advertise
    TechCentralTechCentral
    Home»Promoted Content»What’s the top performing investment class of 2020?

    What’s the top performing investment class of 2020?

    Promoted Content By Revix25 November 2020
    Facebook Twitter LinkedIn WhatsApp Telegram Email

    Cryptocurrencies, like bitcoin and ethereum, have stolen the spotlight again after another year of phenomenal returns for investors.

    • Many investors are in awe with how well bitcoin has performed as it shot past US$19 000 earlier this week, rising to levels not seen in three years, with prices up more than 150% year to date. This price boom pushes crypto’s returns well ahead of traditional assets like gold (up 24%) and the S&P 500 (up 12%).
    • Germany’s biggest bank, Deutsche Bank, says more people now prefer bitcoin over gold and expects its value to continue to rise in 2021.
    • Bitcoin now has a greater market value than Mastercard and, if the leading cryptocurrency were a company, it would be the 16th largest in the world.
    • While bitcoin’s returns have been nothing short of remarkable for the past two years (it produced a 94% return in 2019), there are other cryptocurrencies that have done even better. In fact, the “altcoins” (every cryptocurrency other than bitcoin) have cumulatively returned more than bitcoin this year. Ethereum, polkadot, litecoin and chainlink are all up over 300% since the start of January.

    Sean Sanders, the founder of investment platform Revix, which is backed by JSE-listed Sabvest, explains: “To say that the past month has been one of the most important in crypto’s history would be an understatement.”

    What’s been happening?

    • PayPal: One of the world’s largest digital payment firms announced that it would offer all 200 million-plus US users the ability to buy and sell five of the largest cryptocurrencies by the end of the year.
    • Square: The payments platform headed by Twitter CEO Jack Dorsey announced it had invested 1% of its total assets in bitcoin.
    • JP Morgan: The bank’s CEO called bitcoin a fraud just three years ago, published an in-depth feature in its flagship research series comparing bitcoin to gold, and saying its price could double or triple if current trends continue.
    • Other well-known Wall Street names: Fidelity Investments, Paul Tudor Jones, Stanley Druckenmiller and recently the $7-trillion money manager BlackRock have touted bitcoin’s potential as the future of money, a hedge against inflation and a peer-to-payment system, an alternative to the US dollar.

    Revix | One-click diversified crypto investing

    Buying the JSE Top 40 index is a well-known way to spread risk through diversification and profit from the returns of the 40 largest companies listed on Africa’s largest stock exchange. Revix offers this same effortless approach in the crypto space.

    “Buying a single cryptocurrency exposes you to something called concentration risk, which is the risk that something negative happens specifically to the cryptocurrency that you bought, causing its value to decline,” explains Sanders.

    Revix’s Bundles lower the concentration risk and remove the guesswork from crypto investing as you own a basket of cryptocurrencies instead of just one or two. This means that if one cryptocurrency’s value declines, you have others that can make up the loss.

    Revix offers everyday people the ability to buy bitcoin, a USD stablecoin, a 1:1 gold-backed cryptoasset called PAX Gold and three ready-made crypto Bundles. Bundles achieve a similar outcome to that of passive index funds and provide low-cost diversified crypto exposure to several of the largest cryptocurrencies in one investment.

    You purchase a Revix Bundle as a single transaction, and you can sell your crypto investment at any time and withdraw your funds – there are no lock-up periods like there are with other investment funds.

    Sign-up is free – head over to www.revix.com. The verification process is effortless, the minimum investment is less than R500, and there are no monthly account fees.

    How to sign up to Revix

    Sign up for free with Revix today

    Revix is accessible to everyone and the online platform is ideal for people who want to get started in crypto but are unsure how or where to start. “Our main focus at Revix is to make investing easier so that many more people have access and can take advantage of the big growth opportunity of this new investment category,” says Sanders.

    “Crypto is revolutionising the way value is transferred throughout the world. It’s no mystery that crypto itself is very difficult to understand, not to mention the underlying blockchain technology that it operates on. The early adopters have included crypto as a key element in their investment portfolio for many years and reaped a remarkable reward for doing so,” Sanders says.

    What’s great is that Revix secures your cryptocurrencies so you don’t have to, and the company’s algorithms automatically find you the best available prices when you buy or sell on the platform. Additionally, it automatically reweights your Bundle holdings on the 1st of every month so that you stay up to date with the fast-moving crypto market.

    More on Revix’s products

    Revix’s Bundles aims to deliver on one promise: to make sure that customers own the largest, and by default the biggest, success stories in the crypto space, whatever they might be.

    • The Top 10 Bundle is like the S&P 500 for crypto and provides equally weighted exposure to the top 10 cryptocurrencies, making up more than 85% of the crypto market.
    • The Payment Bundle provides equally weighted exposure to the top five payment-focused cryptocurrencies including the likes of bitcoin, XRP and litecoin. These cryptos aim to make payments cheaper, faster and more global. This is suitable for those who believe crypto as a means of payment will eventually become universal.
    • The Smart Contract Bundle provides equally weighted exposure to the top five smart contract-focused cryptocurrencies like ethereum. Smart contracts have additional functionality built into them, to facilitate payments when certain predefined conditions are met.

    Revix also offers three standalone cryptocurrencies

    • Bitcoin is the largest and most well-known cryptocurrency.
    • Pax Gold is a 1:1 gold bar-backed crypto commodity where investors can take legal ownership of a fraction of a physical gold bar. The physical gold is securely in Brinks vaults in London.
    • USDC is a dollar-backed stablecoin that can be redeemed on a 1:1 basis for US dollars.

    You can sign up for a free account with Revix at www.revix.com.

    About Revix
    Revix brings simplicity, trust and great customer service to investing. Its easy-to-use online platform allows anyone to securely own the world’s top investments in just a few clicks. Revix guides new clients through the sign-up process, to their first deposit and first investment. Once set up, most customers manage their own portfolios, but can access support from the Revix team at any time. For more information, please visit www.revix.com.

    • This article is intended for informational purposes only. The views expressed are not and should not be construed as investment advice or recommendations. This article is not an offer, nor the solicitation of an offer, to buy or sell any of the assets or securities mentioned herein. You should not invest more than you can afford to lose and before investing, please take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary.
    • This promoted content was paid for by the party concerned
    Bitcoin crypto cryptocurrency PAX Gold Revix Sean Sanders USDC
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email
    Previous ArticleOnline shopping safety tips from ESET South Africa
    Next Article Business confidence at highest level in two years

    Related Posts

    Terra collapse triggers $83-billion DeFi slump

    24 May 2022

    Generalists tend to outperform specialists when the going gets tough

    24 May 2022

    Is the end of the bitcoin winter nigh?

    24 May 2022
    Add A Comment

    Comments are closed.

    Promoted

    Generalists tend to outperform specialists when the going gets tough

    24 May 2022

    Vodacom champions innovation acceleration in Africa

    23 May 2022

    Kyocera answers top 10 questions on enterprise content management

    23 May 2022
    Opinion

    A proposed solution to crypto’s stablecoin problem

    19 May 2022

    From spectrum to roads, why fixing SA’s problems is an uphill battle

    19 April 2022

    How AI is being deployed in the fight against cybercriminals

    8 April 2022

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2022 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.