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.
I have followed the development of these two coins from the start, namely Polkadot and ADA. Polkadot did have a drastic increase since it was launched on the stock exchange. But I've seen values change quickly. ADA is a coin that has been released on the market for a long time, recently experiencing a price increase. But I was more interested in ADA than in Polkadot.
For long-term investment, I think that nothing can guarantee that the coin price will continue to increase, it is possible that the value will be zero.