One thing I know about investing is the importance of being able to discuss your investments with like mind individuals. Like mind, meaning those who are investing or want to invest in the stock market or Cryptocurrency.
Investment groups or investment discussion groups are really great to be a part of. They allow you to meet in person, virtually, by email, or text messages to discuss your investments and gain clarity to those investments.
Check out my new blog at EdwardsFamilyEmpowerment.blogspot.com which discusses investment discussion groups and social media stock groups.
How often have you been keeping up with cryptocurrency? With the markets being open 24/7 you don’t have to wait for certain days or hours for the market to open. This allows you to stay current with the market.
Staying current with the market allows you to evaluate and re-evaluate your top five cryptocurrencies.
Below are some of the currencies on my watchlist. I’ve been watching BTC since it was around $30,000, ETH around $1,800, and SOL around $85. All of these currencies are on the move. Are you moving and grooving with them?
I am still evaluating options for my top 5 cryptocurrencies. However, I now have my top 4 cryptocurrencies to hold for long term. Some people choose day trading when it comes to some cryptocurrencies. While some of these currencies may fit your option to day trade, I presume these will be great options for the long term.
My top four in order of how I believe these positions will sway in the future:
Cardano (Possibly #1 in the future)
Solana (53rd popular on Coinbase. Previously 61st)
It will be interesting to continue to follow Compound and Amp to see how borrowing cryptocurrency and working with Amazon to accept cryptocurrency works out (If it’s more than just a rumor).