The Winning Formula for Crypto Investments
As we all know that crypto market is unpredictable and no one can even judge about market timing. No one knows about market trend either turning bullish or bearish.
So in such market condition a trader or an investor must chose those coins which are best in all market conditions. An investor must not invest blindly or must not depend on the coin prices rather they should think from all perspectives.
Therefore, in this post I am going to share some tips about the coins where we can invest in any market situation.
It should be noted that not all coins are good to invest because the market is not confirmed about its trend. If only those who are expert in market trends can invest in any coin depending upon the market.
I am not going to count you guys those coins which are good in every market condition rather I will share the tips where you can better select the coins yourself.
The first thing you have to note is that always choose a coin which is fundamentally strong or must not high volatile coin.
Always prefer all those coins which gives you regular passive income in case if you get stuck in that coin. There is possibility that after investing in any coin the market goes down and remain there for couple of years.
Choosing Coins with Fundamental Strength
In this case you are stuck with your investment and only those coins will be beneficial which gives you passive income. This will recover your 40% losses during this time period.
Similarly, choose those coins which have its own platform or ecosystem which also protects your investment.
Also to select the coins which are decentralized and can not by amended by any or group of people.
What do you guys think about such coins? Could you name some? Do you think #hive is one of the best coins which works in every market situation ? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
NOTE: IMAGES ARE TAKEN AND EDITED IN CANVA.
Thank You!
Best Wishes.
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I would say Hive fit the profile although it has been lacking development in the last cycle, it is still very young but the important part is that it has many products from games, blogging platforms but what it lack the most is probably the defi aspect and interoperability, I hope with VSC Network this can move forward, specially having its own stable coin its easy to move some capital into stable when markets are on a downtrend, I think great times are ahead for Hive
Yay! 🤗
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