The new version of ChatGPT gives tips on cryptocurrencies and explains them

Editor’s note: not financial advice!

Finbold journalists turned to ChatGPT-4o to create a $ 1000 investment portfolio in cryptocurrencies. Here is what the AI suggested:

Bitcoin (BTC) — $ 250. The most famous and widespread cryptocurrency, often called «digital gold». BTC is considered to be a reliable means of preserving value and a hedge against inflation.

Reasons to invest: BTC has the largest market capitalization and is used as the main currency for exchange and trading on cryptocurrency markets. The token is also in limited supply, which increases its value in the long run.

Ethereum (ETH) — $ 200. The main blockchain for DeFi and NFT. Ethereum is used to create smart contracts and decentralized applications (dApps).

Reasons to invest: Continuous development and network upgrades (for example, the transition to Ethereum 2.0) make ETH a promising investment with significant growth potential.

Solana (SOL) — $ 150. A high-bandwidth blockchain known for its fast transactions and low fees.

Reasons to invest: Solana attracts developers and investors with its scalability and efficiency, making it one of the most promising platforms for DeFi and other decentralized applications.

Binance Coin (BNB) — $ 100. The BNB token is integrated into the Binance ecosystem, one of the largest cryptocurrency exchanges in the world. BNB is used for commission discounts when trading on Binance.

Reasons to invest: The steady growth of Binance and the expansion of its services make BNB an attractive investment, especially for active traders.

Cardano (ADA) — $ 100. A research and development-oriented blockchain platform that provides a high level of security and decentralization.

Reasons to invest: Cardano is actively developing and has great potential due to its innovative approaches to the development and implementation of new technologies in the blockchain.

Polkadot (DOT) — $ 100. Provides interoperability between different blockchains, which allows combining different networks into a single ecosystem.

Reasons to invest: Polkadot is actively attracting new projects and has great potential for growth due to its unique architecture.

Chainlink (LINK) — $ 50. An oracle network that connects smart contracts to real data and external APIs.

Reasons to invest: Chainlink is a key component of many DeFi projects, making it an important part of the cryptocurrency market.

Avalanche (AVAX) — $ 50. A blockchain focused on scalability and interoperability, capable of processing thousands of transactions per second.

Reasons to invest: Avalanche attracts developers with its speed and efficiency, making it a promising platform for new decentralized applications.