I wish you to succeed to all your goals in 2021!
I have some reservations for ETH fundamentals, which I analysed on my 2021 fin. goals post. But in the crypto market that (except for Bitcoin) is totally dominated by retail investors, there is a good chance nobody cares about the fundamentals and they just follow the trends as expressed by prominent youtubers etc. in that case, you will get a very lucrative return on your investment in 2021, although the future is not as promising as many think.
DOT and LINK are my picks too!
I like BAND, although I do not hold it at the moment. I decided to stick with LINK from the Oracles category.
I have heard about OXT, but never seriously consider to invest in it. I would be glad if you can share more info on which you based your decision. I have never heard of Mysterium dVPN, I guess it's an Orchid alternative, right?
But, could you please explain how stablecoins provide safety against inflation?
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Mysterium and Orchid are pretty similar. I am not sure which of the two would be the better bet, but there are ton of VPN providers in the traditional VPN market, so I expect there would be room for more than one blockchain based provider.
As for analysis, I don't have detailed data to support investing in Mysterium or Orchid, but my broader thoughts have to do with the way VPNs work. VPNs work by being a proxy between you and the target data that you are trying to reach.
My thinking is that this would be an ideal use-case for decentralization. A centralized proxy would be the most technically vulnerable proxy, but a even physically decentralized proxy that is centrally owned is not trustworthy because the central owner could always steal metadata if not the actual data directly. Right now we are just taking their word for it when they say that they are not storing our data.
I should edit my post when I say "Stablecoins" because all of the dollar backed Stablecoins do not hedge against inflation at all. I am thinking of the Stablecoins that maintain their value by having dynamic supply controls like Ampleforth, other coins that have mechanism for "burning" coins, or coins that actually earn revenue in some way and use that revenue to do "buy backs". I am just not sure which coins in that category are going to succeed yet.
I think the better bet to hedge against inflation would be to be in assets that produce such as REITS, internationals, and emerging markets or commodities that are going to be used in production.
I agree with what you said about Bitcoin and ETH being mostly invested in by retail investors who don't know what they are doing or retail investors who are just momentum investors. I did read that a large portion of the BTC supply is now in the hands of hedge funds which to me seems like they are just currency manipulating.
The other one I need to look into is Cardano. They have that ETH like ambition, but they have the second mover advantage and might be able to build their chain out using a more scalable consensus mechanism, but I need to learn more about them.
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