In other words, the cryptocurrency must…well, be a cryptocurrency by the commonly accepted definition. So we’re not going to make it eligible just because some programmer called Adrian swears that he made a cryptocurrency.
Chillur’s cryptocurrency index portfolio tracks the top 10 largest cryptocurrencies that are deemed eligible. Eligibility to our cryptocurrency index portfolio is selected using a transparent and rules-based methodology and the investing strategy follows a strategy similar to index investing through ETFs in the stock market.
Currently there are over 1500 cryptocurrencies that you can invest it. Like with the stock exchange, rather than having to research every stock and trying to figure out how to place them in your portfolio, it’s a lot easier to invest in a range of cryptocurrency assests as part of an index portfolio.
This makes it easier to continue investing – making it easier to therefore stick with the habit. And by investing in a range of cryptocurrencies, you spread out the risk of putting all your eggs in one – or two – baskets.