Bitcoin (BTC) is the most used cryptocurrency in the market, along with Ethereum (ETH). When BTC reached an all-time high of $68,721 in November 2021, we all wished we had purchased the coin after its launch in 2009.
However, Bitcoin is now struggling to recover from its massive crash and is down over 60% from its peak.
VeChain (VET) also experienced a severe price drop that discouraged many investors. Crypto experts suggest that investing in VET won’t gain steady profitability compared to investing in new projects like The Hideaways.
Bitcoin Fails To Bounce Back To Its Glorious Days
According to the most recent data, Bitcoin (BTC) is currently trading at $19,062.00 as of writing. It has been maintaining its price below this level for most of 2022 since BTC cannot reach the momentum to break the $20,000 resistance level.
Investors who placed their money on Bitcoin during the coin’s all-time high are experiencing a decline of almost 80%. Due to this, BTC holders are questioning the profitability of the currency.
The price of Bitcoin (BTC) is continuously falling because of a major sell-off; buyers would need to break out of the 100-moving average to regain control. However, analysts don’t see it happening anytime soon.
VeChain May No Longer Be A Profitable Altcoin
VeChain’s trading price is $0.024057, or 91.48% lowers from its All-Time High (ATH), which was $0.28. VET’s recent negative track record suggests that the altcoin is still far from reaching the bullish turning point.
Since its introduction in 2015, VET has had a catastrophic 77% price decline, making it a worse investment for short- to medium-term holdings. Crypto experts advise that long-term investments in VET might not be the best choice for investors.
VET holders are rushing to invest in other ventures like The Hideaways since the altcoin’s predicted price is expected to remain below $1 until 2030 or 2050.
The Hideaways Is A Secure And Profitable Investment, Says Top Analysts
Investors and traders can profit more from HDWY than from BTC or VET. The Hideaways allow you to own fractionalized NFTs that are entirely backed by physical assets, making them usable in the real world.
What physical assets? A luxury property that you can buy for as low as $100. This isn’t a coin with a hyper inflationary yield, it generates real passive income from rent and events held at the property you buy into.
HDWY has significantly increased in value from its presale price of $0.01 to its current price of $0.045. According to analysts, HDWY will continue significant growth and profitability throughout 2023.
The crypto market often falls victim to fraud and scams, but you won’t have to worry about those if you invest in the Hideaways. The platform protects the privacy of its customers by working with SolidProof to develop a smart contract for risk-free transactions.
The Hideaway (HDWY) is the best investment for 2022 and 2023. Be an HDWY holder and enjoy a minimum of 20% yields from rental incomes. The price prediction for The Hideaways is around 8000% more than VET or BTC in 2023.
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