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RE: My Crypto Buys for 2022

in LeoFinance2 years ago

Nice picks for the year. AVAX really took off last year due to some of the DAO projects, and although those DAO projects like TIME etc are dying now, the important thing is that it brought people to the chain, and got them used to cheap fees, and DeFi platforms with great UI and fantastic farming value like Trader Joe. As for ETH, everyone should be holding some ETH, investors would be crazy not to with ETH 2.0 releasing this year, 2.0 is basically the most hyped software upgrade ever in the crypto market. Lastly, for HIVE, I agree that the pump this year showed a glimpse of its potential, I plan to buy 1000x HIVE and use it to power up my account sometime this week, so that my upvotes can be more helpful to people.

I am sticking mostly with blue chips like BTC and ETH, and have a couple AMM pools on AVAX (blue chip pairs only!) since the value when farming on Trader Joe is incredible. The one speculative play I am making is a niche privacy coin called Haven (XHV) that is slowly gaining a following. Monero will always be the privacy king, but Haven offers something very unique: XMR privacy tech, but with the addition of the first ever PRIVATE stablecoins, and you can use your XHV to convert them to xUSD, xBTC, xAU (gold), xCHF, xEUR and more right in the wallet. That means 2 things: no KYC needed ever, and because it uses a mint and burn system, it essentially has unlimited liquidity. So even it got banned everywhere you can still trade. The XHV main coin + the private "xAssets" + the exchange are all natively built in in the wallet, so everything is conveniently in 1 place. Haven had a bug about 6 months ago that stalled the project, but the new 2.0 software just came out a couple months ago and got things back on track, so it is still early and a lower priced good entry point. It may not have a full DeFi ecosystem, but to have private zero-risk exchange trading in-wallet + private stablecoins all secured with XMR privacy tech is revolutionary for me, it is literally what I dreamed of before discovering it late last year, so I am willing to take a risk on it, because it offers incredible utility.