The market reversal is inevitable. In the depths of the crypto winter, this fact eludes investors and they settle into a mentality that it will be lower lows forever. This stops them from taking advantage of buying the dip.
The reversal will not be recognised as a reversal. It will be seen as yet another bear market rally, leading many investors to miss out. When fear is present in the market, it is the time to buy and investors not currently buying Uniglo (GLO), Synthetix (SNX) or Dogecoin (DOGE) are missing the opportunity to reshape their financial destiny.
Uniglo is a DAO-governed social currency introducing a viable store of value within the crypto space. Uniglo uses buy and sell taxes to create revenue streams utilized to build value for investors. With 5% going to the treasury fund which is responsible for acquiring assets stored in the Uniglo Vault. By housing a unique collection of digitized physical collectables as NFTs and cryptocurrencies, Uniglo delivers a mixed asset class that hedges against market downturn whilst benefiting from growth speculation.
Uniglo also employs a hyper-aggressive burning strategy, and this rapid reduction in GLO’s total supply will put constant upward pressure on GLO’s price.
Synthetix is a DeFi protocol that brings a broader and more robust trading experience to the digital asset space. Traders can use SNX to mint synths, synthetic assets, which track the price of real-world assets such as gold using decentralized oracle feeds. And Synthetix allows traders to trade derivatives.
Dogecoin was launched in 2013, and this ‘Memecoin’ has a large market cap. DOGE has endured longer than the majority of coins in the digital asset space and should never be discounted, being a prime example of just how powerful market psychology is.
With the recent launch of Dogechain, DOGE has ventured into the world of DeFi and investors can now make swaps and yield-farm with their DOGE tokens. Investors should not underestimate how violently DOGE will rally when sentiment becomes bullish again.
Investors are now faced with a choice. Rise above the rest and make the investments the majority are scared to make or follow the herd and continue making losses or mediocre returns. The bear market is a gift and investors must understand this. Those who fail to buy now are missing the opportunity of a lifetime.
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