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Hello, I hope you all are having a good day. I wanted to spark some discussion and hopefully help share some insight into new coins for myself and other viewers of this post. I see lately we have had a lot of newcomers on this sub which is great. I was hoping some of us veteran investors could let them in on what we are holding and why. It doesn't have to be every coin in your portfolio, just one or two that you are most bullish on. Ill start:
ETH- Enough said lol. But really ETH in my eyes is leading the charge when it comes to smart contracts and general usability. With the upcoming ETH 2.0 I feel as if ETH could really show its true potential. I am aware of the other competitors out there, but to be frank I don't believe they stand a chance. ETH has created a long and reliable history with developers and it would be hard for new projects to break that up. If ADA ever does come out with smart contracts for example, I don't think developers would just up and leave in the masses; if they did that would be nice to have more competition. The biggest obstacle is scalability with is being worked on.
MIST- Right now I am yield farming MIST & ETH through the MIST website. I am earning Aludel rewards. The main thing MIST is trying to solve is MEV protection to help protect traders from front-running. You are able to add Uniswap LP tokens into the Aludel and mint an NFT from LPs which they call a Crucible. They developers of MIST have also created a FLASH-DEX (https://mistx.io/) that protects you from front running. It uses liquidity from Uniswap and Sushiwap.
EWT- Energy Web Token is a blockchain that aims to turn neighborhoods and communities into "power-plants" by creating a market of renewable energy. They have quite a few ties to different big companies in the energy sector and I believe this project will be very promising in the future. The price action with EWT has not been the greatest lately but I believe is is an excellent opportunity to buy more.
Tell me what you are holding and why!
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