There Is A Way Out Of Bear Market Territory For Cryptocurrency Investors
The current market situation is rather discouraging and demotivating, especially if you are new to the crypto world. There are barely any positive news flashes and everyone seems to be losing trust in cryptocurrencies. However, some experienced investors advise that they have already survived a similar bear market territory back in 2018.
What Do You Need To Know About Bear Markets?
The bear market territory is much more likely to be used to describe stock markets as crypto enthusiasts prefer to use the phrase crypto winter, particularly when describing the market conditions between 2018 and 2020. Yet, they both refer to the same market situation of dropping prices to remain low and stagnating innovation.
Learning from other asset classes, such as stocks, that have experienced multiple bear markets, it becomes clear that bear markets tend to come and go pretty quickly. Therefore, it is not surprising that many investors are adjusting their investment strategies but staying focused on their long-term goals during this crypto winter.
Presales Might Be The Choice Now
Presale popularity came after several exceptionally successful presales brought astounding returns to early investors. Currently, some experts consider presale tokens to be a safer alternative to established coins because the former is much less affected by the crypto crash.
Presale tokens are often available at comparatively lower prices, which cannot fall during the presale period. It is also another great way to diversify your portfolio and avoid risky investments during this uncertain time.
Currently, in presale, CashFi (CFI) aims to build a dynamic ecosystem to support top-tier liquid staking, NFTs (Non-Fungible Tokens), and Synthetic Asset Services. CFI Staking will be an important part of the CashFi platform, helping to reduce illiquidity for staked commodities via liquidity staking.
Liquid staking with CFI will overcome some of the most prominent industry issues, including asset inefficiency, lesser yields, lack of instant liquidity, and decreased security. CashFi’s CFI Stake liquid staking platform will enable further growth of proof-of-stake (PoS) tokens.
CashFi emphasises the benefits of NFTs in promoting worldwide peer-to-peer (P2P) interaction while providing total confidence and security through transparency, hence eliminating the need for centralised regulatory institutions. Therefore, a cross-chain NFT marketplace will be integrated into CashFi’s framework. This next-generation interoperable NFT Marketplace will enable users to mint NFTs at basement-level costs and facilitate their NFT auctions via a personal NFT marketplace on CashFi.
Avalanche (AVAX) Refuses To Give Up
If you are interested in buying more established coins while the prices are low, Avalanche (AVAX) is among the top choices for many crypto experts. Commonly described as an “Ethereum killer”, Avalanche offers impressive scalability and performance. As a decentralised and open-source proof-of-stake (PoS) blockchain, Avalanche is known for its interoperability with decentralised application (dApp) development protocols.
Avalanche’s (AVAX) competitive transaction speed and performance brought it to the forefront of the crypto market and are likely to support its survival throughout the crypto winter.
Just last week, Avalanche integrated Chainlink VRF (Verifiable Random Function) and Chainlink Keepers to provide new opportunities for users and developers on the platform. It highlights the network’s resilience and its focus on long-term sustained growth.
If you are interested in investing in any of these two cryptocurrencies, it is essential that you do your research before making any investment decisions. To find out more about CashFi (CFI) and its possibilities, use the links below.