Why “Buy the Dip” is Key
Buy the dip is buying low and selling high, but in reality, many investors do not do this practice. Instead, they fall victim to the fear of running out when the market is booming and selling when the market is crashing.
Although no investor or investment will ever be perfect, it is important to look at the bigger picture during this crypto winter and to buy the drop. Adoption of crypto and blockchain technology continues to rise and sentiment about the utility the technology provides has never been higher, so if you believe in crypto, don’t let falling prices paralyze you with scared and buy instead the decline.
Ethereum, the giant to power Web 3.0
Arguably one of the safest purchases on the market today is Ethereum (ETH). At the time of this writing, Ethereum price rises at $1105, down from its all-time high near $5000 in 2021. Many experts expect this high price to be broken in the coming years.
A study by researchers from the University of Sydney and Macquarie University found than Ethereum was a better inflation hedge than Bitcoin, and arguably the best hedge in the market today.
Indeed, in their eyes, the utility of Ethereum goes further than that of Bitcoin and has more use case value to power the world of Internet 3.0 and Metaverse. That being said, Bitcoin is a lower bid than Ethereum and strong in tokenomics, so it comes down to personal preference and risk tolerance. Nevertheless, Ethereum will be the first network to power the Internet 3.0so make sure you take advantage of the reduced price this crypto winter.
Solana, the ultra-fast alternative to Ethereum
An exuberant new player to challenge Ethereum in the last 18 months is Solana (SOL). Solana has one of the fastest networks in the crypto ecosystem, with staggering speeds of up to 65,000 TPS. This platform is highly scalable and robust for developers looking to build from scratch on the network and offers a much cheaper NFT marketplace than Ethereum.
It has, however, had reports of network outages that have caused some investors to lose faith in the protocol and exit amid the precariousness. While certainly a less definitive investment than Ethereum, many still believe in Solana’s foundational technology for powering the Internet 3.0 and even some aspects of the financial services industry due to high transaction speeds. Whether Solana can prove to the community that outages are a thing of the past, then Solana is a smart choice to add to your portfolio. The developers on the network are of a high caliber, so over time expect to see the outages go away and Solana will continue to grow.
Logarithmic Finance, the user-dependent protocol at pre-sales
For some investors, trying to seek high yield and ROI remains the priority and the best way to do that, especially during a crypto winter, is with early-stage protocols.
Log Finance (LOG) seeks to be the platform that allows users to easily access and enter prevention coins through their innovative exchange mechanism through their native coin log, where partner projects can be purchased directly. LOG is also a deflationary asset, with used coins burned, allowing those who hold LOG to benefit over time as the token becomes scarcer as adoption increases.
Although LOG as an investment is very sensible for investors who have a slightly higher risk tolerance, it is a project that many are getting excited about. Showing superb pre-sale performance. If you want to know more about Logarithmic finance you can check out their website and presale below.
All information about the project below: