Question about investing in Cvc, Cardano or polkadot.
I have a goal in 2 years to get a plot of land.. im saving 200 a week in a saving account.. im looking to place 1000 initially into one of the above cryptocurrency with an additional 50 dollars invested a week in it.
I won't be day trading.. just a somewhat safe investment that will increase with time.
Any suggestions?
I'm also open to other ideas.
What I like about these is that they haven't had a rapid growth recently that always makes me think of a bubble. And the value is stable with an upward trend on them.
my alternative recommendation would be EWT. it has actual utility and is at present undervalued. the coins you're mentioning need adoption before utility drives the price. what you're seeing now is speculation ahead of the potential. to be fair they're all good projects... if you had to choose just one of the three I'd say DOT - it's lower on the rankings and has higher staking rewards. I don't think Cardano or Polkadot are going anywhere so why not diversify.