Hello Steemians!

I hope you all are fine and having a great time in your respected lives. It's an honour for me to be here at SteemitCryptoAcademy to learn all the facts about cryptocurrencies.
Yesterday I learned about How to invest in cryptocurrencies by the post of our respected professor @besticofinder and here is my homework task in this regard.

Here I am selecting two different types of crypto currencies and will give a detail analysis and compare both coins as asked in the homework task. so in this regard I have selected SXP and CRV coins.

SXP COIN



Image source

Swipe (sxp) coin was founded by Joselito Lizarondo, who was also an early investor of cryptocurrencies specially in Bitcoin. Joselito Lizarondo is still the CEO of the swipe(sxp) plaform. The swipe coin has three main products which includes Swipe multi-asset mobile wallet, the Swipe cryptocurrency debit card and the Swipe Token. The current ranking of swipe is 154 as quoted by coinmarketcap.

Social Reach:

The current supply of this coin is almost $260,350,917 USD.
In my view one can make the investment in this coin at a price between $2.80 - $3.03 and close the order at price $3.25, $3.50, $3.80, $4.15.
Also don't forget to put a stop loss at price $2.71.

Note: the above social reach regarding the sxp coin is all my assumptions so dont make any mistake of investing without getting proper knowledge.

Project Purpose:

Swipe is designed to permit customers to take complete manage over each their crypto range via its smooth to apply in mobile applications and related variety of crypto debit cards. It however also provide power to the whole ecosystem by providing utility to the token holders.

Team:

The entire swipe team consist of just over a dozen of individual in which the CEO of this platform is Joselito Lizarondo as i have also mentioned above. In addition of some other members are John Khenneth who is also the current Swipe’s COO, Anecita Sotomil who is its chief legal officer (CLO).
They all are specialists of their fields and technology and chargeable for all of the moves taken via this coin.

Response from the market:

At today the swipe coin is trading at $3.00 with a trading volume of $221,105,914 USD as quoted by the coinmarketcap. The value of the swipe coin in thi month is increased a bit as compared to the last months and it is predicted from the experts that it is going to increase further more. Keep in mind that it increses and decreses as the time goes on as today it value has decreased alomst 1% if we compare it with yesterday's value.

CRV COIN

Image Source

Curve (crv) was found in January 2020 by a russian scientist Michael Egorov, who has a vast experience in crypto related ecosystems. Michael Egorov still the Ceo of this platform. Egorov is also the founder of decentralized bank and loans network LoanCoin.

Social Reach:

The current supply of this coin is almost $785,971,063 USD.
In my view one can make the investment in this coin at a price between $2.60 - $2.90 and close the order at price $3.50, $4.00, $4.30.
Also don't forget to put a stop loss at price $2.45.

Project Purpose:

The release of the CRV coin introduced in similarly profitability, given CRV’s use for governance, as it's far presented to customers primarily based totally on liquidity dedication and period of ownership.
Curve (crv) has received good sized interest with the aid of using following its remit as an AMM specially for stablecoin trading.

Response from the market:

At today the curve (crv) coin is trading at $3.01 with a trading volume of $$35 1,643,940 USDas quoted by the coinmarketcap. The value of the swipe coin in this month is increased a bit as compared to the last months but today It is increased a lot and it is still increasing with the percentage of 17%.

CONCLUSION:

After deep research and doing all the analysis among these two coins I came to know that both these coins are profitable now a days. One can get profit in short term in investing both coins but if you look at my point of view I would suggest that curve (crv) is more better to invest as compared to swipe (srv) because the crv coins has a large market volume and is increasing day by day on the other srv coins has low market volume as compared to crv coins. The value Curve (crv) coins today is increasing with the percentage of 17% while on the other hand the value of swipe (srv) coins is decresed for almost 1%.

image source

Image source

Important note : Everything which I had mentioned above regarding investment are all my assumptions and paper work which I had learned from our professor @besticofinder as I am a student and still learning about it. So the point is that do not invest on anything with having less knowledge. Do deep research on it and then make an investment.

Thats all from my todays post. I hope you like it.

To know more about me here is the Introduction

Cc: @steemcurator01
Cc: @steemcurator02
Cc: @steemitblog
Cc: @besticofinder

yours, @dabeerahmed

#besticofinder-week7 #cryptoacademy #pakistan #investing #crypto