I am currently thinking about investing a larger amount > $20k which I have recently received through sales of some shitcoins that I don't think have much of a future ahead of them. I have already done some research myself. But for the final assessment I would like to hear your opinion. Which of these following projects do you see as a great investment and
why?
- Cardano (ADA)
- Polkadot (DOT)
- Avalanche(AVAX)
- Litecoin (LTC)
- Cosmos (ATOM)
- IOTA (MIOTA)
I have already severely limited the number of possible coins. The original list was around 30 coins, but after the research, the above six coins remained. Therefore please do not name others.
I would suggest using DeFi and yield farming. Buy Fantom or NEAR protocol and farm on spookyswap or Ref Finance. You can get even higher rewards from farming than staking. You don't have to worry about trading to make money because the funds are always coming in, no matter what. You can make money even in a down market.