Are you ready for the next crypto bull run? The market certainly is. It’s been a tough time for many crypto investors recently, but it hasn’t been all downside. While many have made losses, one important thing to note is that these losses weren’t as big as many first feared. Despite dips, the crypto space actually showed real consolidating strength and the hope that things won’t be this slow for too much longer. Many savvy investors have actually been increasing their deposits into crypto, believing that now is the time to snap up discount prices that won’t be around much longer.
While all sorts of investments are struggling, especially traditional stocks and shares, the crypto space gives investors the chance to thrive despite overall market conditions and a global recession. Some cryptos have actually stayed strong. Many believe this means the space is gearing up for a bull run. There are a few good options for your portfolio if you want to make the most out of the next bull run. These include GLO, BTC and BCH. But it’s GLO that has been gaining the most traction, let’s look at why:
With Uniglo, you actually get an answer to the world’s inflation issues, at a time when it really needs them. GLO could be the best option for your portfolio, and it could surge in price real soon. Especially when it moves out of pre-sale and onto mainstream crypto exchanges. And that’s the opportunity you get with GLO, the chance to invest in something when it’s still relatively small, and before it goes big. These chances don’t come along very often.
And GLO has an incredible raft of fundamentals that back up this claim. It’s got strong deflationary tactics thanks to a diversified asset-backed store of value. This is made up of investments into things like NFTs, crypto and even digital gold. It helps give a strong base price to the token, and one that isn’t over-reliant on any one asset to perform. GLO also has strong burn tactics to make it even more deflationary, making the token more and more scarce over time.
Bitcoin still has strong potential in the space. That’s because it’s often the first place new money goes when it enters crypto. It might not be the strongest crypto project anymore, but it gets by on name recognition alone. And with prices in a current dip, you could 3x your money if it fires back up to all-time highs in the next bull run. Some experts think it could go even higher.
Bitcoin Cash (BCH)
Bitcoin Cash helps solve issues with the larger Bitcoin by becoming a crypto people can actually easily spend and transact, rather than sit on as a speculative investment. This usability makes BCH well placed to continue to grow.
BCH and BTC could both be good investments for the next bull run, but they aren’t looking as strong as GLO right now, which has all the potential to grow whether the wider market improves or not.