How could anything other than CHAOS come out of such a mileau of competing and misinformed voices?
While holding cash positions in these cryptos is important to any portfolio, they are altimately not whats going to earn you the high yields.
No matter how much Bitcoin you buy, at what ever price, you will not earn you the passive income that makes since, because these major companies are already largely oversold and overpriced.
In other words neither Bitcoin nor Ethereum are likely to double or triple in value any time soon. In fact maybe quite the opposite considering market movements this last week.
If your looking for more promising investments then for sure you need to consider those already mentioned this month in this blog:
ADA
Matic / Polygon
Pancake Bunny
One which has risen to the top after a fundamental analysis is the Substrate Polkadot Protocol now known as Kusama.
This is why:
Kusama, currently the canary network for Polkadot to deploy many potential upcoming and planned projects, is a token whose value this year has already risen, from 42 USD to a high of 600, and currently is being sold for around 300 usd.
This token is in short supply being almost completely issued, and is expected to be in high demand throughout this year pushing its value even higher.
The manner in which Polkadot positions its service helps to build the value of this token. Polkadot allows other start ups to obtain its service only after participating in a blind bid.
After which the highest bidders are able to deposit their cash in the form of the KSM token. By essentially locking in these tokens, it creates a shortage driving the price sky high in exponential terms.
One of crypto's best kept secrets KSM is deffinately a crypto worth acquiring this year. While there is more research to be done this is definately one stock your portfolio should acquire.
Whether to hold or to stake, this token will outperform its peers and the wider crypto market for many reasons, most not listed here.
As always, remember to do your homework, practice investor discipline, and always have a plan.
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