We have a very big crash right now and all our coins are at a loss.
While it is very sad to have losses, a crash is also a good opportunity to sell old coins and increase / add new coins. Prices will go up again at some point and for many coins it will result in a big price increase again. Even shortly after a crash, altcoins are likely to get more profits.
A crash has often resulted in a new market segment, where old coins were rejected and new coins gained popularity. It can happen now again!
So let’s have a look which coins could rise a lot, when prices go up soon (next bull market).
I have done some research and listed my personally most favorable coins for a big profit when prices will go up:
Chainlink
Chainlink is a very new coin and was rising last year very fast after it got detected.
But it still has huge potential if you look at what Chainlink is doing.
Chainlink will be essential for a multi-chain future where multiple Blockchains exist in parallel. Because Chainlink is needed to link each chains, Chainlink is in a strategically excellent position no matter which chain is dominant, no matter if Ethereum Blockchain, Binance Blockchain, Avalanche Blockchain or Cosmos Blockchain, Chainlink will always be required to link chains!
And Chainlink has already many partnerships.
As long as Blockchains exist, we will need Chainlink to link chains. Only few understand!
Chainlink will very likely see massive gains!
Avalanche
Avalanche is a top competitor against Ethereum. While Ethereum still needs to finish Ethereum 2.0 (it will still take a long time), is Avalanche already a PoS coins and doing what Ethereum 2.0 will do.
Because right now, nobody is paying 100$ for an easy Ethereum swap. Avalanche has every feature, which we know already from Ethereum, Avalanche is faster, more decentralized and already moved to PoS. In addition, Avalanche has also a limited supply. Avalanche is right now already doing what Ethereum 2.0 will do. Only few people know but many devs are already moving over to Avalanche.
Avalanche is solving scaling by using novel Blockchain technology which experts have reviewed and certified.
In addition, Avalanche will bring new Crypto products for everyone:
- ILOs on Avalanche (initial litigation offerings), where normal people can collect money to go to court and sue big players. While still many people spread FUD about Blockchain ILOs, it can be a very big use case because only few know about it!
- Subnets as unique Blockchains on Avalanche, where people will be able to create own Blockchains based on Avalanche coins. Just like people can create an Ethereum Token, Subnets on Avalanche are for a whole Blockchain, deriving from Avalanche's coin. It's Token 2.0 economy.
Avalanche is a very good coin from a technology point of view.
Uniswap
Uniswap is a decentralized exchange and got popular when it launched.
Until now, Uniswap is leading internally for decentralized exchanges.
Decentralized exchanges have multiple advantages like a very easy access, a democratic surface because we don’t need to trust a middleman. Uniswap is only based on code. Uniswap is permissionless because people don’t need permission to use it and Uniswap does not need maintenance fees.
Compared to Binance, Uniswap is much better.
Yes, Uniswap will flip Binance because Uniswap is easier to use.
Uniswap has a very high chance to replace Binance and profits of Uniswap can be huge.
We might have still some more interesting coins but I will stop here and ask for your opinion:
Which coins are you considering to buy more from after such a crash to prepare for a bull market?
I don't totally agree with your logic of selling old coins are buying new coins, which ones are the old coins you are talking about? Bitcoin is the Genesis of all cryptos, Ethereum, BNB, Cardano just to mention a few are some of the old projects and I believe are still some if not the best coins you should be investing in, some argument is just with the
sell old coins and increase/add new coins. cos it could be misleading.