NuBits’ cryptoasset reserve (tier 1–4) is currently kept only as Bitcoin. Nu should diversify into other assets, primarily Ethereum (ETH), but anything is possible. I would like you to argue for different assets and the target proportion of each.
Just to get discussion started, you may suggest:
- Bitcoin 80%, Ethereum 20%
- Bitcoin 70%, Ethereum 25%, Peercoin 5%
…or minor holdings in promising coins, such as Storj 2% and Zcash 1%, though it is unlikely we’ll have administrative capacity for more than one addition at this time.
We need trading strategies for the assets. Actions will be executed by the team, and markets move quicker than motions. By my analysis, it is a good time to diversify into Ethereum immediately. Maintenance of the cryptoasset portfolio in terms of when to trade between assets needs to be clarified.