Tokens to buy during Crypto Market Crash

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Avatar for CyberCrypto
2 years ago

lead image source : https://www.quoteinspector.com/images/bitcoin/lmc-crypto-stocks-down/

This hasn't been a surprise as for the last two months we are seeing once in a while our crypto market is falling. Once in a while whole the market turns red.

Well, this was supposed to happen as our Crypto Market was really overbought. The sudden rise in the whole market is not normal.

When in lockdown people were looking to gain some money they all invested in cryptos to gain quick.

You can see almost every coin from the last two years had grown tremendously, Because people want to gain revenue when they lost their jobs during a pandemic.

Our market runs like a herd of sheep, not many people in this market are financially educated most of them follow what others say, If one panic sells everyone sells.

You can see coins like

- Bitcoin - down by 20%

- ETH -25%

- BNB -28%

- ADA -17%

- SOL -30%

All coins are in deep red and this has been for a couple of days daily 15%-20% fall.

Things you should do

Panic Sell?

Of course not if you had invested in good fundamental coins and you believe their project is good for the future, you don't have to worry about anything, just forget about the market and relax no need to check again and again.

Though I can't guarantee if you had invested in coin-like Shiba Inu, doge and other newly came meme coins.

In fact, if you got some money extra you can consider buying and average it. Think of buying coins at discount.

Coins to keep under watchlist

*This is not financial advice for your investment this article is only for educational purposes. Always do your own research while doing investment*

Well if you are lazy and don't want to do research or you don't have enough knowledge and time for this you can simply consider buying the top 5-6 coins except for the stable coins. They are on the top as they have a good project and most people are using them.

Hence you can consider buying those which also have low risks.

But if you have a little more risk appetite,

According to me, you can consider buying or keeping track of the coins.

1. Of course First will be ETH, we know it is the strongest player and after launching ETH 2.0 it will perform very good

2. I would consider buying SOL, this coin had tremendous growth last year and many people are doing much more projects on Solana Blockhain and it is the fastest-growing coin.

cons - It is not fully decentralized though

3. I believe BAT will perform well in the future as it is backed by very good developers.

Final Thoughts: - Don't worry about the market, it is in the correction phase from the overhyped market. Soon everything will be all right and we can see some good news in the future. Do not panic-selling and believe in your investment.

CyberCrypto

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2 years ago

Comments

AWC token is another good one to keep under watchlist, in fact starting buying from now due to it's nature of quick recovery. Getting more AWC token right now is opportunity to stake and earn More. More about AWC staking - https://atomicwallet.io/awc-staking

$ 0.00
2 years ago

Yes now is the time to have a watch list, I have got mine, and seeing if I will swap tokens now

$ 0.00
2 years ago

Best time to swap haha Good Luck

$ 0.00
2 years ago

I don't buy any tokens coz I don't have funds as of the moment... Buying the dip is really great opportunity especially with the dip of BCH. Now the bch is not that low like yesterday

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2 years ago

Have you buy the dip? I bought some, but I stick to BCH, lol

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2 years ago

We all stick to BCH as we get paid in that. Except BCH I did buy Solana

$ 0.00
2 years ago