While you might think that bear markets are where people lose money, this isn’t always necessarily the case. While lots of people’s portfolios are down, some savvy and confident investors are actually increasing their holdings into a range of credible cryptos that have bright futures. Often, it’s key decisions made during these market dip periods that set people up for future riches.
The same has been the case in the stock market for generations. Those who have the strength to invest now while prices are low could be revolutionizing their financial futures. But you still need to know which cryptos to invest in, as not every crypto will survive the bear winter, or thrive after it. But those that do could bring major gains to your investment portfolio. Let’s have a look at a few options:
GLO is perhaps the best token on this list. It’s got an incredible range of deflationary features alongside a community-driven approach that gives you a complete say in the future and progress of the platform. With the GLO vault, holders get to enjoy a solid price base that’s primed for growth alongside radical dual-burn mechanics that increase scarcity over time. Still available in pre-sale, now could be the time to buy GLO.
Ethereum Classic (ETC)
As a smart contract platform, ETC is a hard fork from the main Ethereum blockchain that solves key issues like high gas fees and slow speeds that have plagued Ethereum itself for some time.
Bitcoin Gold (BTG)
Like Ethereum Classic, Bitcoin Gold is another fork from a larger crypto that solves key issues in the industry, but also follows the price of the larger token somewhat. BTG has helped create a peer-to-peer network to send money without an intermediary. Bitcoin Gold is seen as a solid store of value in the space, and isn’t prone to the same pumps and dumps or major volatility that Bitcoin often experiences. It still has a strong future in the crypto industry, which is why it could be a great investment right now.
Ripple has had a tough few years after being touted as one of the best altcoins out there. With major restrictions and legal battles surrounding XRP, it’s harder to buy and sell than it used to be. But if it can put these troubles behind it and re-enter mainstream exchanges, XRP could still have a bright future. That’s why some experts recommend cautiously investing in it.
XRP, GLO, BTG and ETC are all seeing increased investments from savvy experts who think they could be the future of the crypto space. The bear market can make millionaires and with these tokens you have a chance.
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