Investors are rattled by the crypto winter and the new blow from the FTX fiasco. The expert advice on surviving in any bear market is to do smart planning and strategizing to ensure the continuity of business. In the ongoing bear market in the crypto sector, both investors and traders are battling the risk of losing money due to extreme market volatility. To curb this, long-term cryptocurrency investing is advised as a suitable solution.
A long-term cryptocurrency investing strategy aims to remove the risk of loss in the ongoing bear market by ensuring better returns in the long run. However, the future results will depend more on the kind of cryptocurrency used for making new investments. That is like not putting all cash on a super coin but diversifying the portfolio with assets such as Uniswap (UNI), Polkadot (DOT), and Big Eyes Coin (BIG).
Uniswap (UNI) is a decentralized trading protocol within the cryptocurrency industry for facilitating the automated trading of decentralized finance (De-Fi) tokens that offer feasible solutions to many existing problems specifically liquidity.
Polkadot (DOT) is significant as an open-source, shared multichain protocol for connecting and securing a network of specialized blockchains. Polkadot (DOT) facilitates the cross-chain transfer of not just tokens but any data or asset types. Polkadot (DOT) allows blockchains’ interoperability and is billed as the emerging rival to Ethereum (ETH). The native cryptocurrency, DOT facilitates several crypto operations within the Polkadot ecosystem such as staking for operations and security, network governance, and linking tokens to para chains.
Big Eyes Coin (BIG) is another good option to diversify as the current presale is going string. BIG will be an upcoming Ethereum (ETH) based crypto asset with a major role in the Big Eyes project seeking advancement of the blockchain technology.
