Not an expert trader? Use ICONOMI’s DAA’s to outperform the crypto market

Not an expert trader? Use ICONOMI’s DAAs to outperform the crypto market Reddit Trading 101 is pretty self-explanatory, there is only one thing you have to do, and that is too; HODL, (see where it originated).HODL, is the most used piece of advice given to crypto newbies, and as much as it takes part in 50% of moon memes with Vitalik Buterin as doth holy, does it offer that steady long-term profit that you might want to see over the next 3–6 months? The number one tactic that pro traders use to increase the size of their profit is to trade and to diversify into projects to allow less volatility, (click here to see why Diversification is essential).Warren Buffet known for being an outstanding trader and business mogul with a staggering net worth of $78.7bn that has learned more lessons than we can ever imagine, a famous quote that always comes to mind that implies the importance of diversification is; Wide diversification is only required when investors do not understand what they are doing. It’s nerve-racking to sit ALL in on one cryptocurrency and rely solely on that project to help you realise a profit. No-doubt checking the Coinbase app before bed, in the middle of the night and when you wake up — just ignore whatever you SO says; it is a healthy start and end to every day.To those that don’t yet understand candlestick trading view or how a trader’s technical analyses are calculated, maybe in a few a short minutes you can understand how the multiple DAA’s on ICONOMI’s platform has outperformed some of the biggest HODL’s in the past 30, 90 or even 365 days. ICONOMI DAA’s in comparison to the markets leading cryptocurrencies It’s important to note that I have already touched on the subject of ICONOMI’s flagship fund; BLX outpacing Bitcoins latest rally with a staggering 47.41% monthly return, an easy-to-read 3-minute article that explains it all.If you‘re’ impressed by Bitcoin and wish you rode the Bitcoin train as everyone watched it climb, maybe you should have considered BLX as a viable option instead, as this offered a far more profitable return, something that you might not have been aware of.Ethereum, touching an all-time high at $420.99* is showcasing an exciting bull run and it looks like it’s finally ETH’s turn to grow — but, how does Ethereum compare when stacked up against diversified DAA’s on the ICONOMI platform?Ethereum reached a monthly yield of 48.12%* on our monthly trading chart, but sadly, still not beating some of ICONOMI’s DAA’s, such as Blockchain Index (BLX), Pecun.io Cryptocurrency (PCC) that excelled with a 53.49%* and 51.24%* return in the last month.I’m not saying that Ethereum and Bitcoin are asset classes that are not going to offer a great return, but it’s well known that diversification is important when it comes to controlling volatility and inviting a healthy profit margin. Okay, but what about Litecoin? Well, Litecoin’s 1-month chart highlighted a 37.38% growth over the same period that BLX and PCC achieved 53.49% and 51.24% growth. Okay, okay, but what about the last 3-months, a month on its own isn’t enough to show that a diversified strategy can continue to outperform? ICONOMI’s Blockchain Index (BLX) has outperformed two out of the three of Coinbase’s cryptocurrencies by more than just a few steps. Bitcoin’s 3-month chart shows a 97.51% ROI, with Litecoin in second with 41.10% and then onto Ethereum in third place with a 33.53% return.ICONOMI’s Blockchain Index (BLX) revealed a 43.80% 3-month return, showcasing that it may be the perfect long-term and short-term option for those not technical enough to manage multiple cryptocurrencies at once.It’s also imperative to note that when comparing BLX over the past 12-months to Bitcoin on December 21st, 2016 to now, BTC (priced at $809) offered an est. 10x gain where BLX (priced at $0.12) provided close to a 20x gain. BLX just continues to show excellent financial growth, even when stacked-up against some of the leaders of this market. What is ICONOMI’s BLX? BLX consists of 21 cryptocurrencies and is a passively managed Digital Asset Array that invests in established blockchain-based projects with active beta components.Wall Street continues to encourage high net worths to keep simple and invest in index funds. Over the long-term, you will be much better off and won’t have to worry about beating the market every year.A common phrase that I see from time-to-time that’s extremely relevant in this case by well-known economist, John Maynard Keynes, who said; The market can remain irrational longer than you can remain solvent. ICONOMI is a blockchain start-up and are developing an investment management platform. ICONOMI’s mission is to give everyone the chance to invest into multiple cryptocurrencies at once.Blockchain Index (BLX) isn’t the only DAA that you can invest in. ICONOMI’s dashboard offers a range of investment opportunities from accredited and well-known fund managers.If you’ve read this article and found it interesting, learn more about what ICONOMI has in store over the coming months that will have a direct correlation on it’s token; ICN.As always — Thanks for listening to my meandering thoughts.*at the time of writing