Good Crypto Buys For The Bear?
It really feels like the bear is starting to show up here in the crypto markets. With massive buys happening from companies, people and soon governments the price has only gone down and the general sentiment around crypto has been rather negative as most altcoins bleed out and bitcoin continues to slump in price.
It's also important to note that these are very uncertain times right now. While I believe in what Trump is doing and needs to be done you have to also understand the actions he's taking throws everything into high inflation mode and a lot of uncertainty. It's really a war on a global scale to try and get the USD into the dominate defacto after having fallen from in in the last three years primarily sparked by the war in Ukraine and the weaponization of the SWIFT banking system.
With that setting in let's take a look at some tokens that could be great buys for the long term in my opinion.
*This article is for entertainment purposes only and is not financial advice. Do your own research before investing and understand the risks. Pretty much take responsibility for your own actions and stop blaming others for the things YOU do.
XRP
XRP is getting a lot of talk and the tokens been one of the better performers. Now while I myself have never invested into the token because well I just don't really like it personally or the mission of it it's clear that it is positioning itself as a solid solution for the banking system to use.
This could make the token rather valuable once banks start to stock pile it and get involved with crypto. However I do feel like XRP rise will be short lived in just a few years because it will be replaced by more internal centralized systems the banks control. I don't see them wanting to give up that control and use XRP for that long.
Solid Blockchains
Now of course Bitcoin can be a great option in itself but other tokens outside of this I feel like Ethereum is over sold for what it could be in three years and Solana is still a pretty solid bet being that it's inflation numbers are going to start falling but it has a high demand for launching tokens and projects.
These options are solid and rather battle tested, Ethereum more so over Solana, but it's clear these are main blockchains that the masses are using and will most likely continue to us.
These chains also have seen a lot of background action from major investors and building on top of these chains. While it might only be a temporary thing for them it's for sure showing how they are leaning into these chains over others which should be a major indicator.
Opening Liqudity
Well we all know the Bitcoin is the single asset many people are after and always have been but there's a major issue with it and that's the value is locked up. It's very hard to provide any liquidity too it and while there are wrapped versions they all have their flaws and limitations.
This however is being worked on and could provide massive new liquidity to the token and allow people to start earning yield on their asset because the worst thing you can do is have bitcoin and not be able to do anything with it! Cardano ADA seems to be trying to head this as one of their big focus areas.
What we are seeing is a major shift in terms of staking but also preparing liquidity. I think a primary reason for this is once RWAs hit in at least for stocks we could see a lot of swaping and trading happening between crypto and stocks at first as a major hot spot for people to focus and play around in.
Posted Using INLEO
The BEARs in the mirror are closer than they appear.
What's your take on meme coin?
I believe that Real World Asset tokens can have a bright future. In my opinion Solana and Ethereum can be considered solid blockchains. However, transaction fees on Ethereum are still too high. Instead, I have never believed in XRP, evidently I was wrong. !BBH
U.S. Crypto Coinage will be Stable and 100% backed by U.S. Gold Coins, and will probably have "tiny" fees...
Wait till you see what happens to Cryptocurrencies, once U.S. Crypto Coinage is announced... The only way to obtain "New" USCC will be with Gold... One Ounce of Gold will get me $90 in "New" U.S. Gold Coinage or $90 in "New" U.S. Crypto Coinage... They will be in Perfect Balance and used all over the World... I know how to get in on the ground floor... It's what I've been writing about for almost 8 years now...
i do wonder what happend to trump coin if it will hit the graph high this year or keep falling its suspicious though for donald trump not taking measures to elevate the coin