What Two Tokens Will Kick Ass This Month And Why ( by the Author)

 So if your sitting by your smart phone trolling through the internet and happen upon this article on this months hottest tokens your definitely in for a treat today!

As recent news events would have it several market movements have pushed some recently not so well known tokens into an upward trend not likely to change anytime soon.

The two of the  hottest tokens this month are:

Polygon / Matic

and 

ADA

Here's what's going on:

Polygon / Matic is a token recently put on the market and rapidly gaining in value due to several factors.

Least of which is that Polygon Operates its own Blockchain, much in the way Bitcoin or Ethereum, this company allows users to purchase their tokens, then stake and lend them without incurring huge transaction fees.  

That alone has caused investors to flock to this still under priced token.  Many analysts believe that the price window to purchase a large volume of Matic before its price increases considerably, is now.

The other hot token to watch this month is deffinately ADA.  One of this years to currencies, this company has several projects in the works that are following a set timeline from inception to delivery.

This combined with Bitcoin and Doge's crashes this month have fueled the desire for investors to move their revenues to more safer medium term (longer than 1 month) coins.

One of those has been ADA.  Doubling in value within the last six weeks ADA remains relatively inexpensive, but continues to gain a consistent increase daily, but without the huge price fluctuations of Bitcoin, or Doge.

Two tokens to beware of this month in fact are Doge and Bitcoin.  The reasons are that Bitcoin is adjusting and hasn't yet hit its bottom.  Unless your holding for more than 45 days , to a year, Bitcoin is still well overpriced for the ultimate return on your dollar.

ADA has far more stability and priced at just over 2 USD still remains relatively low priced for long term holds.  Considering it has doubled in its value over the past few weeks, without losing, analysts expect this to be a good bet going forward into the summer. 

Also ADA is used by yield farmers and liquidity pools, has low transaction fees and can be found in all major and most minor exchanges.  This coin is hot!  The better question is when will that change, and will you take advantage of this opportunity before that time?

Something to think about, but as always, do your due diligence and homework. 

Another concern of Doge is that its fundamentals are way off, it lacks a consistent and clear roadmap, has the same environmental inefficiencies (if not more) as Bitcoin and is affected by actions of a few individuals who can either drive the price up or down just by talking about cryptocurrency. Yet this is the least of its problems.  

Plagued by price instability Doge's popularity my soon be eclipsed by tokens competing for its place such as Shiba (also a Doge spin off) and Akita.  Yet according to reports it has no plans actually develop competing technological edge, lacking the manpower and apparently the desire to prevail in this rapidly changing market.

According to MSN Doge 

" Dogecoin hasn't had full-time developers since the coin's founders pulled out of the project in 2015," 

CRYPTO CURRENCY PICKS FOR MAY 2021 (by the screening group)

 These are the top 10 crypto currencies which I we will be screening, discussing, researching, assessing as to its profitability and tracking their progress into next month:

1. 1. Bitcoin - Long Hold (3 months or more)
2. 2. Ethereum - Long Hold (3 months or more)
3. 3. ADA - Medium Hold (1 month or more)
4. 4. Cake - Medium Hold (15  days)
5. 5. Luna - Medium Hold (15 days)
6. 6. Binance - Long Hold (3 months or more)
7. 7. Dogecoin - Short Hold (1 - 15 days)
8. 8.  Bitcoin Cash (1 - 15 days)
9. 9 Ethereum Classic (1- 15 days)
10. 10.  Link ( 1-15 days or more)

These are just suggestions based on questions I hear from people starting out, and having no idea as to: 

• which cryptocurrency to buy, 
• in what amounts, and 
• for how long to hold it?

The above list is a WISH LIST  for any beginner which will help you to understand the market, the major players in this industry, and the inherent variety.

It mixes a couple of investment objectives which I will explain briefly.

The basic rules of Wealth are:

Build it 

Grow it 

Keep it 

Use it (preferably before death)

In order to begin growing your wealth you must have a strategy, the simpler, the better. 

This strategy is based on basic principles of financial planning needed to any well thought out approach to building wealth and earning a passive income.  

This does not change once you start investing into cryptocurrency.  What does change  are the instruments we are using to attain these goals, which in the past were: bonds, stocks, and real estate.  

This is still the case, however all of these instruments have been or are in the process of tokenization.

To prosper in this ecosystem you must begin to understand its principles.  This comes from actually owning these assets and in most cases that is as easy as spending the amount of a trip to the movies or dinner out... just to get it started. 

When prioritizing your investment money, think of it in terms of not putting all your eggs in one basket.

Out of all your investment income which you set aside for this purpose after satisfying all your other financial obligations (such as bills and household needs) you will begin by dividing the investment into three parts:

1/3 For saving (a token such as ADA/USDT/ DAI)

1/3 For Staking and Investing for growth (Bitcoin/Ethereum/Binance)

1/3 For High Yield which involves greater risk and attention (Cake/Luna/Dogecoin)

This allows many benefits, however the most important is lowering the risk, and allowing for a measured increase in income.

Depending upon what type of investor you are, these three sections will vary in proportion.  Everyone's risk tolerance is different, and depending upon your goals and understanding you may of course vary the proportions to fit your individual needs.

This is a highly flexible and adaptable industry which seems to have niches for even the most timid or unexperienced investors.  

As you go you will find those instruments that best fit the type of investor you are, and that of course is the part of  beauty of a decentralized and open financial system now known as defi and cryptocurrency exchange. 

I will include a list of stable coins, and an article to help expand this discussion.

Top 13 Stablecoins of 2020 List & Comparison (changelly.com)