I would like to start this post out by warning all my readers that I am not nor have ever been a financial advisor. I am investing in these cryptocurrencies with my own money on my belief that they will gain popularity and will rise in cost. These are cheaper cryptocurrencies with the most expensive one being in the twenties. Well except the last one but I believe you will understand why I picked it.

Like I said in my last post I will be investing some of my third stimulus check in different cryptocurrencies. I have researched some and have decided to invest a sum of $50 USD in 5 different cryptos to see what the results come of it.

My first crypto I have chosen to invest in is the the Tron token. I see alot of potential in Tron. It was made so there can be alot of exchanges on it’s network. You don’t have the lag time that you have with the bigger cryptos. For this reason alone I think Tron is a good longtime investment. As more and more people start buying Bitcoin that network is going to bog down. It’s already started sometimes taking almost a week for transactions to be placed. With the Tron network you don’t have that problem. So with more people trying crypto I just think that people are going to get tired of constantly waiting on transactions and will look for a crypto that takes less time.

As a gamer I gotta like how the Tron network is gamer friendly. There are alot of games and faucets that give users the ability to receive Tron. Although I have found that you must be careful what apps and games you download. Some don’t work and I think others are just trying to get your info.

When I googled when Tron was founded(2017) one of the tabs I clicked on said that Coinliker predicted that Tron should rise to $0.55 in the next 5 years. I admit there’s probably not alot of you who can wait 5 years for their crypto price to rise but for those who can now is the time. The $50 I use to buy Tron now will get me 1,000 tokens. In 5 years if Coinliker is correct Those 1,000 tokens will be worth $0.55 with a net work of $550. So I’ll make $500 from the $50 I invested. It’s not a fortune but I’m okay with it.

Another cryptocurrency I plan to invest in is the Polkadot. It is a crypto on the Pulse Network. You don’t really hear to much about Polkadot. Alot of wallets carry it as a cryptocurrency but it’s not something you mine or play games to get.

Now alot of you are probably asking yourselves so why do you want to invest in Polkadot. Well here’s the answer: Pulse is putting medical records on Polkadot. With everything going on with the Coronavirus people are going to go to see their doctors. Maybe just to receive the vaccine, maybe to be tested to see if they have the virus,or maybe just because summer is about to start and they’re doing something crazy. Either way people will be seeing their doctors and this will increase medical records.

The crypto Polkadot is built for the individual to keep his/her data and identity. There’s alot of technical reasons why this is a good idea. I will not be going into them because I’m not sure I fully understand them. I just believe that the Polkadot network using medical records will be a big sell. It’s an actual good way to take advantage of the Coronovirus.

I think the Aave cryptocurrency is another good one to invest in. It is on the Ethereum Network. It was founded in November 2017. So it is a fairly new crypto.

The Aave crypto is big on lending and borrowing. This is a somewhat new idea in cryptocurrency. I believe this idea will really take off once crypto becomes more and more popular. Right now there are some apps and websites that allow you to borrow cryptocurrency. As crypto becomes even more popular this idea is going to become more of a mainstream idea.

I also like the Chainlink token also referred to as Link. The Link token is used for smart contracts. I’m real new to the smart contract. I know it’s a way to get paid for work by giving me crypto. Things like this I don’t know for sure if they will catch on but I gotta say I really like the idea. In fact I’ve been looking around trying to find a place that’ll offer me a smart contract. Writing for Publish0x.com is the first contract I’ve been able to attain.

I gotta admit I really like writing these posts. I haven’t made much yet but who knows what the future holds. I have been on several sites where you can sign up to work on a smart contracts. I have signed up but fail to meet the necessary qualifications to actually get the work. Or there is no actual work to do when I click on the jobs to do.

I think smart contracts will become more popular. In a time of social distancing and more people are working from home I’m really surprised they’re not bigger than they are at this moment. I suspect this will change. So I’m gonna go with the crypto that has something to do with it.

Lastly I think you will all understand this last one. I am going to invest in Bitcoin itself. The rise of Bitcoin in the last couple months I don’t think anyone predicted. Now many are saying it is still going to rise. I have heard such numbers as $100,000 and even $1,000,000. Now I don’t know if it will truly reach these numbers but I have faith it will stay rising for the next couple months.

Alright everyone this is my list of 5 cryptocurrencies I will be investing in for this project I am conducting. A couple things to take note of. 1. Just because I’m posting my findings in two months doesn’t mean that’s when I’m going to withdraw my funds. Take for example Tron that is a long-term investment. 2. I am not a financial advisor or anything of the like. If you take my advice and lose your shirt I claim no responisiblity. Yet if you make a bunch I will totally brag about it later. That’s the just the kind of person I am. 3. My reasons on picking these cryptocurrencies are listed above. I have not researched them in great detail. Alot of this is just a gut feeling. I have the patience to wait for my tokens to rise in value. For instance I will wait for Tron to go up to $0.55. In fact this one person predicted Tron to reach a $1 USD by the year 2030. That’s 9 years from now and I hope to be able to tell people I was able to buy Tron for a nickel.

Well I hope everyone enjoyed reading this post.