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.
The best investment that you could make is bitcoin and eth in long-term investment, but I could also recommend Cardano and polkadot as a well project that has high potential in long term. Cardano and Polkadot have a high market cap in the market also have a solid foundation in the market. Probably Cardano could climb up to 10 price points in the market and polkadot will be over 100$ after 1 year. You could invest a big percentage of your saving in bitcoin just to be safe and then invest the rest in altcoins. For sure there are will be corrections in altcoin soon when the market circulates so be careful investing in altcoins.