My Crypto Buys for 2022

With recent sell offs it's opened the door for many people to get back in and involved with crypto. Sadly however for some reason people tend to stay away after a huge sell off instead of getting in when they should. This is common investment failure and why some make it to the top once they understand these basic investing principles.

In this article I'm going to go over some of my most primary assets I'll be stocking up on during these low times.

Polygon (Matic)

I've heard about polygon a lot but never took it serious. Even when Mark Cuban announced he was in it I still shrugged it off (mostly because when I know a big name talks about something everyone piles in and over prices the asset. NOT a good time to get in) So I waited and the price fell off to the point where I really started to read more about it once CUB announced it would be launching PolyCub some time early 2022.

From there I started to build stacks and research it more to the point of finding out that Polygon is actully made by former devs on Ethereum who are still buddy buddy with ethereum. This to me would be a signal that out of all the layer two options out there Polygon most likely would be the most picked. We saw this clearly when Opensea started using it on their platform. What's crazy though is the low amount of transactions on it after hitting opensea. People still use the high fee Ethereum network which goes to show you just because you offer up lower fees and faster transactions that isn't enough by a long shot to gain traction. The applications and people using it are the key focuses and Polygon is starting to realize that as they build new applications on it.

Hive

Of course Hive. Hive went from a tops of $3 last year back down to today under $1. But what that shows up is the possibilities of Hive with just a little bit of funds and popularity. This year we should see a number of large projects to be released on Hive. Many of which has the potential to sky rocket the price from our current levels. I also see Hive acting more and more as a resource credit and less and less as a rewards as crazy as that might sound.

Hive has huge projects on the way such as the SPK network, Ragnarok game, Exode, MuTerra, Psyber. Hive has a lot going on for it including what the LEO team is building right now. I expect big things from Hive along with a number of it's layer two tokens.

There's also many odds and ends projects which I've actively investing in such as Cartel, BeeSwap pools, Diesel pools and a few other passive income earners. With some of these though a lot of it is not based on me investing but instead the process of all of these supporting each other and being the payouts of the passive nature of them. It's actully pretty wild and the APRs on some are massive you just have to do a bit of searching right now.

Ethereum

Ethereum is my baby I bought it at $13 and continue to expand it. Here's the funny thing it wasn't until 2-3 years ago you could actully stake or do anything with your ethereum in terms of building it's value. You either mined it or you just let it sit in your account or attempted to trade for profits. That's no longer the case now with DeFi and gaming. It's become possible to profit and stack MORE than your original investment. My main focus for this is to put it into staking rewards once it's up and running and that should generate a sizeable passive income stream from Ethereum to use as investment into other things. However I'll be going for zero risk in terms of not letting it out of my wallet.

CUB

CUB to me is at an all time low right now and it makes sense. It's kind of just sitting there and has been for months with little to no action and news about it besides the fact of a PolyCUB airdrop which was announced 3 months ago. That's in the distant past and because of that CUB has fallen out of focus and thus a perfect time to grab it up are my thoughts. I'm also going to start focusing in on CUB-BUSD and CUB-BNB Farming pools to start to build that higher APR. For me these farms are something I put in and have no intention of taking back out and simply keeping the earnings to play around with. That's the long term investor in me for this project. Ah forgot to mention BLEO-BNB I'll also be messing with a bit but not much as I want most of that LEO in my hive account powered up.

Solana/ Avalanche / Terra / Cardano

I haven't done much with Solana but I still want to own a part of it. Many of these are proof of stake type coins which means I can buy/hold and stake to earn a bit more. I just want to have some of these just in case but they are not my main focus.

SPS (Splintershards)

Because I own one tract of land and also one legendary totem my goal is to put those to work once land gets released. We also got word that SPS will play a heavy factor into getting the most out of land. My primary goal with SPS is 1,000,000 total tokens. Yes 1 million! Which at these prices is only $120,000. These lands will mine resources, mint items and spells which will become both critical for playing the game but also a source of passive income from the game. (or semi passive I'm sure I'll have to do a little work)

SPS also has a natural type of passive income to it as well in terms of staking. But also vouchers and who knows what else. This is where it gets tricky to track the real value of SPS over time. But to me it make sense at these prices to go in hard. The last Chaos pack drop prelaunch shot SPS to $0.70 Imagine if the game gets more popular and they repeat this one the DICE type drop or next pack release.

Wax

WAX for me is the central spot for gaming and honestly the best traction right now for what many refer to as "the metaverse" Wax has carved their niche out into the gaming space and doubled down on it. This has created huge demand for wax over the last two years.

I'd be curious to hear what some of your primary focuses on crypto are this year. What projects are tokens are you looking at here in 2022?