How to buy polkadot (DOT) in Canada + MORE Dec 3rd

It’s the econOMI, stupid! 

The new COVID variant, now given the handle of Omicron, hit the newswires just as I had submitted last week’s (most excellent) post. The news spread quickly around the globe, and it caught the attention of the markets. 

Last week, I wrote about the risk of investing in energy stocks, including the wildcard known as the pandemic. Always the elephant in the room, additional outbreaks from the virus can lead to more lockdowns, restrictions and less economic activity. In any lockdown, we travel less, stay closer to home and consume much less fuel. 

Stock markets took a hit, and the price of oil dropped by about 15% after the Omicron news last Friday. And of course, the new variant of great concern poses a risk to the local and global economy. This threat goes well beyond the energy sector.  

Source: Seeking Alpha 

The markets adopted the mentality of “shoot now and ask questions later…

DOT first launched publicly just over a year ago, yet this relatively unknown coin has found a place amongst the top 10 crypto heavyweights—a testament to DOT’s appeal, utility and technological prowess. This year alone, polkadot has risen from about US$8.50 to its peak of just under US$54 on Nov. 4, ringing up a staggering 500% gain. To put it in dollar terms, if you’d bought $1,000 worth of DOT on Jan. 1, 2021, your investment would be worth $5,000 as of Nov. 4, 2021.

No doubt, the coin’s dramatic rise to the cryptoverse’s higher echelons is captivating—but is DOT still a promising investment? Let’s take a closer look at its features, its potential and how to invest in it through a crypto trading platform such as CoinSmart…