In a Bear Market, Hold Onto Your Coins & Try to Earn More Cryptos
Hit by the collapse of Luna and UST, as well as another round of interest rate hikes and balance sheet shrinking by the Fed, cryptocurrencies suffered a market-wide plunge in May 2022, and the market has not significantly rebounded so far. In addition, compared with their historical highs, the prices of Bitcoin and Ethereum have fallen by more than 50%. Meanwhile, other altcoins have suffered bigger falls. The entire crypto market is still going through a bearish period. That being said, will Bitcoin and Ethereum go to zero? The answer is a hard no. As the blockchain technology advances....
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With prices down significantly since the start of the year, there’s no better time to stock up on the top 5 new cryptos to invest in. In order to make the selection process easier, we’ll be taking a look at the top 5 new cryptos to invest in and providing an overview on how to buy our top pick. Let’s begin. Best New Cryptos to Buy in the Crypto Bear Market – Top List For investors asking what are the top cryptos to invest in, each of the projects that we’ll be taking a look at is new and has a massive amount of upside potential, making it a great up-and-coming crypto to invest....
For experienced investors, a bear market is nothing out of the norm. It has happened in the past, and it will happen again — even in cryptocurrency. The majority of new investors are in the middle of their first crypto winter, during which most digital assets have depreciated by more than 70% from their November 2021 highs. While a bear market is tough for everyone, it can be especially challenging for those who are new to the space and don’t have much experience dealing with market volatility.That said, there are still opportunities to earn passive income during a bear market — crypto....
Several cryptos have proven to be resilient during the recent market crash and show significant upside potential. The current crypto market has made many investors lose hope in numerous blockchain projects, but let’s explore the 5 cryptos that could prevail and set all-time highs. Cryptos That Could Set All-Time Highs 1. Tamadoge Tamadoge is an exciting new NFT crypto game that enables players to earn rewards while they feed and groom their virtual pets. Players who have done the best job at raising their pets are ranked the highest on the leaderboard, entitling them to the highest....
Only 11% of crypto holders are using their coins to pay for goods and services, according to a report by Binance Research. The majority of cryptocurrency users reportedly prefer to hold their crypto as part of a long-term investment strategy, according to a new survey by Binance Research.Released on Jan. 28, the survey report shows that as much as 55% of respondents own cryptocurrencies like Bitcoin (BTC) as a long-term investment.The “2021 Global Crypto User Index” report is based on a global survey that includes input from more than 61,000 crypto users across 178 countries and regions.....
The broader crypto market showed an impressive price rally mid-day, August 31. Cryptos such as Bitcoin and Ethereum have increased by 0.87% and 2.58%. BTC’s price is $20,319.03, while ETH has regained a hold on $1589.74. The top coins are now trading in the greens. But the morning hours of August 31 didn’t sit well with the assets. Many cryptos lost their 24-hour price gain, including BTC and ETH. Bitcoin lost its hold on the $20K mark, while Ethereum followed with a 0.4% loss. Related Reading: Bitcoin Trades Above $20,000, Has The Fed Failed Again? Others, such as DOT, DOGE, SOL,....