18 points of extreme fear is the best opportunity to buy jewelry.
Hello everyone...
The market is currently extremely fearful that there will be another massive drop like the one in 2018, as the price of the main currency bitcoin is down over $20K from its ATH high last year. And although the fear yesterday was much worse, it looks like this entire month of January will be a constant fear due to the large liquidation orders and FUD that will be all over the internet. This will cause prices to go down or stay very low.
Sure, it is a little difficult to see a good outlook in all this, but if we see this situation as an opportunity, we will be able to see the undervalued jewels that are in the market that in this 2022 promise to have an exponential growth because of the great projects behind, so we take advantage of the fear of the market to buy and strengthen positions in the medium term.
I plan to do so because in these times of offer prices we can get very good prices, for example, these coins that will grow this year and I'm buying are MATIC, SAND, CRO, LUNA, and SHIB.
The MATIC token foresees a great growth as it is a more economical way to make transactions in Ethereum, because it is not a protocol that plans to kill ethereum but rather take advantage with the creation of second layer dapps, also this project is being promoted by the Opera browser which will give a lot of opportunity for recognition to polygon, as it will begin to enable the merger in this first quarter.
The price of the MATIC token is currently around $2.07 which is a very good time to get in as it may reach a good price in the next few months or years.
The CRO token comes from Crypto.com, an exchange where you can trade and also offers a wallet and a card with which you can pay for different things and also an NFT marketplace on the platform. But that is not the reason why this project will grow a lot in 2022, the growth will come from the advertising and marketing that Crypto.com is doing right now. They have invested a lot of money to grow their brand, for example, they invested $700 million to change the name of the NBA stadium to Crypto.com Arena, as well as other sports projects.
If you see the current price of CRO is around $0.47 but this will grow as a lot of money has been invested in this project and will continue to be invested. And where there is a lot of money invested there is growth, so stacking CRO in the long term can be a good strategy.
The SAND token the SandBox, the great virtual metaverse is one of the currencies that I also plan to apply, as it has a lot of investment and development. For example Snoop Dogg, adidas, deadmau5 are a few of those who are investing for the development of this metaverse, also the SAND token is being widely traded so it is generating a lot of attention.
The price of the SAND token is currently around $4.91 and I think it is the perfect time to buy in the medium to long term considering that its highest point was $8. Also, the metaverse will always be at the forefront in 2022 and if there is already a project that does that, it will be even more valuable.
The LUNA token will also be a project that will grow to amazing levels in 2022, as it presents an extremely interesting investment model. For example in 2021 stablecoins set the trend because they were the gas of all transactions because if you want to trade you have to use a stablecoin, if you want to transfer money it is much better and easier to do it with stablecoins and finally to buy a cryptocurrency it is much better to do it with stablecoins.
Now, the most popular stablecoins in the market like USDT, BUSD, USDC, are centralized stablecoins and have to be accountable to the regulatory authorities, since their motto is that $1 fiat for $1 crypto and the fact that these 3 coins concentrate a capitalization of $135,924,862,480 scares any government since they can disable entire economies. So to solve this, Terra was created, an algorithmic system where you create UST stablecoins, but instead of depositing dollars and exchanging them for stablecoins, you deposit LUNA and exchange it for UST, for example, if you have $200 in LUNA you can make a Swap to UST. And everything is out of the regulations since you don't use fiat dollars to do this process, and as governments are more and more alert and with more regulations to stablecoins, this is the reason why this currency will have a significant growth in 2022.
The price of LUNA is around $70, which is a very good price to buy considering it had a high of over $100 just a few weeks ago, and if it weren't for the extreme fear of the bitcoin price, LUNA would still be on the rise.
And finally, the token that I consider that also will have a very large growth in 2022 is the SHIB the most hated and loved meme coin, because I consider that it will have growth, good mainly by the system of burning tokens, as according to plans of the founder himself plans to burn half of all tokens until the price reaches $0.01 clear that there are many people with enough SHIB in their portfolios for that price never appear, but if it is possible to approach, it will be a good investment.
Currently, the price of the SHIB is around $0.000028 but at its highest point, it was set at $0.00008. Also keep in mind that the DOGE has many similarities to the SHIB and the DOGE was also for many years priced well below a penny on the dollar, until it started to be given due attention and is now worth more than $0.1, so my goal is to accumulate 1 billion SHIB and wait for it to grow.
Of course, all these things I have said are my point of view regarding the current market. I do believe that the market will grow and continue to expand and these tokens I mentioned will have their To The Moon moments, it is only a matter of time and patience, so do not take this as financial advice, but rather investigate as I have done so you can see if it is profitable for you to invest in these projects as well.
Posted Using LeoFinance Beta
It is clear that the CRO will rise. I think they played Matt Damon in their ad.