Crypto Investment Opportunities in 2023 - Coins in my Shopping Cart
The new year celebration is over and its time to back on track. Investment is not a daily task that we try to finish as soon as possible instead its a journey that keeps on going. This a method through which we can build and I try to do the same. Crypto has provided a bunch of opportunities for investment. Some people consider it as a way to get easy money but I take it as a set where we get more opportunities as compared to the traditional investment instruments. I follow some strategies to keep my investment ongoing and there are some coins and tokens that are on my list. I do buy some through DCA and for some I buy whenever I see buying opportunities.
We are in the bear market and this time is not to worry instead we should build. We can not buy when the prices are high and this is why when the price is low then its a good time to buy. Below are the cons that I am going invest in this year 2023. Although there are many & I will talk about my top 5 coins that I am investing in and will continue to do the same.
Bitcoin
Bitcoin is the favorite cryptocurrency for everyone and I am not an exception. I want to have the bitcoin as many as possible because the entire market is linked with this. I have been investing in bitcoin through DCA for the last 2 years and even this year I will continue to do the same. With DCA I am able to make the average buying price low and that is the USP for DCA.
Ethereum
After Bitcoin, Ethereum is the second favorite coin and it has proven in the past that it has the potential to grow. Its all-time high price is approx 5k USD and now its trading at approx $1500, however, this is the price when I am buying daily through DCA. Like Bitcoin, I will continue to invest in Ethereum the same way and hold it for the long term.
Hive
Hive is not just a cryptocurrency but its a platform where I invest a few hours every day. I invest in this coin for a very long term and I don't know how long it will be but for sure I have no plan to sell for the next few years. Apparently, my major crypto holdings are in form of Hive. I have invested in the past whenever I saw a dip in price. Even this week I bought some when the price was pumped. I sold some and buyback. I follow different strategies with hive but the ultimate goal is to have a big bunch of hive in my portfolio.
Matic
Matic is the native token of the polygon blockchain and this has been doing pretty well. This coin is staying strong even now when the market is not doing great which shows that the project is strong. The community is very active and even the developers are working to add more features to the chain and make it better with each passing day. I expect that in the next few years matic is going to be much more valuable than it is now and I will buy this more in 2023 to grow my holding.
SPS
SPS aka splintershards is the governance token of the splinterlands game. This is the only play-to-earn game that I am associated with and I keep on investing in this token because I expect that it will grow a lot. I have more than 80k sps as of now but my goal is to take it beyond 100k. I invested a lot in this and will continue to invest more whenever I see the price dip. I don't know the bottom for SPS but I can't wait and this is why I invest in this token every month. I even invest a few times a month. I even earn approx 25% APR on my SPS stake which is like a bonus on my investment.
Above are the top 5 crypto coins that I will be focusing on and investing will be ongoing throughout the year. Its hard to predict the next bull run but I am trying my best to be in the place where I hold a decent amount of crypto before the next bull run starts. The next bull run can take 1 year or 2-3 years but its fine as my goal is for the long term. There are multiple investment opportunities available in the crypto market and I will be trying my best to grab as much as possible.
Thank you
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