Re:Decentralized Finance: On Blockchain- and Smart Contract-...
by 3np on Tuesday February 09, 2021 @01:47AM
(#26074626)
Unless you feel like really high stakes and/or getting really involved in keeping up with the nitty gritty, go for core infra stuff.
For the past 5 years and the foreseeable short-to midterm. that mainly means ETH (Ethereum), preferably hedged by smaller positions in one or a handful of similarly scoped projects that could end up eating its mind- and marketshare (I won’t judge which are better bets but some candidates would be Polkadot, Cardano, Solana, Tezos. Stay away from EOS and Ripple, there’s nothing behind their curtains)
Other more specific projects mentioned here like LINK, REN, various defi-specific solutions like AAVE/Uniswap, are more perennial and more suited for someone who actually uses these protocols or services, not something I would see as an investment.
For the past 5 years and the foreseeable short-to midterm. that mainly means ETH (Ethereum), preferably hedged by smaller positions in one or a handful of similarly scoped projects that could end up eating its mind- and marketshare (I won’t judge which are better bets but some candidates would be Polkadot, Cardano, Solana, Tezos. Stay away from EOS and Ripple, there’s nothing behind their curtains)
Other more specific projects mentioned here like LINK, REN, various defi-specific solutions like AAVE/Uniswap, are more perennial and more suited for someone who actually uses these protocols or services, not something I would see as an investment.