Still "thinking" about investing in cryptocurrency? Here's some compelling reasons why NOW IS THE BEST TIME! (by the author)

 So I consulted my in-house crystal ball... ok not a crystal ball exactly, but  rather our professional investor, with many years of building and managing traditional portfolios in one of the most cut throat of environs, Hong Kong. 

Asia's largest center of finance and trade it was a proving ground like no other.   A place where careers can easily be cut short by making the wrong recommendations, or inaccurate forecasts.  Where the margin for error is thin, to non-existent.

Dorothy's analysis of this weeks market movements, and upcoming trends has been in high demand as more than 1 trillion dollars of value was whisked away from legers within days, adding  to one of histories worst days in the cryptocurrency markets.

Gloom and doom is in the air, but for long time investors such as Dorothy, this is not a time to run away, but rather to move into better positions within a market that, in spite of glorious losses, has only just began on its way toward beating earnings this year.

While we discuss various tokens to acquire, rising stars and falling ones alike, today we simply want to give some very good reasons why investors should be rejoicing:

1.  Low Barriers to enter the market; Bitcoin and other major market leaders are at record discount prices, giving less wealthy buyers an opportunity to acquire greater positions at less the cost;

2.  This is still a BULL MARKET! Not opinions but statistics demonstrate that the growth momentum has not stopped and may increase slowly at first over the next few days.  The wider market and particularly the tokens mentioned in this column will see huge gains;

3.  Weak investors are jumping out of the market adding to the chaos but briefly increasing the supply of several hard to get tokens, some mentioned in other postings in this column; as a new and developing market its inherently volatile, but not inherently hazardous when following good investment sense.  

4.  The summer is almost here, and during the summer months the growth will spurred on by several factors, including chip and energy shortages fueling price growth;  With inevitable but consistent inflationary bursts, expect chaos, but overall the crypto markets will outperform the Dow, S&M, and other traditional markets, as new ICO's, IDO's, and IEO's enter the market each day;

5.  Buy low and sell high.  If you lost money these past few days but still have your positions, don't get out now.   The patient investor wins the day, and if your in after all this chaos, you are deffinately what I would call, a PATIENT INVESTOR. 

As usual, do your homework, educate yourself about your investment, create a game plan, and stick to it after all, that's why we create game plans!

One of this years HOTTEST crypto's (by the author May 22, 2021)

The first lesson to learn about crypto markets is that "they are volatile".  Why?  People simply don't understand the concept of blockchain technology, let alone the vast array of protocols out of which some of the most notable names such as Bitcoin and Ethereum were born.

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.