The market has been crashed these days. But this is also the time when enormous opportunities are created.
In the latest video, Brian Jung, an American investor, entrepreneur, and influencer has listed down the top 4 best investment strategies in the crypto markets, giving traders the best way to invest their money effectively.
Metaverse
The first category of cryptos that is worth investing more positions into is the metaverse. The reason for this is just because we’re getting more and more news from a lot of established companies about their plans in investing more money into the metaverse.
Facebook and Apple, two of the largest tech giants within our space have been known to make some pretty good decisions and when they’re this confident in rebranding themselves and investing more money into a certain market, following the whales is not going to be a bad decision.
There is still an endless possibility to big names in the metaverse space such as The Sandbox (SAND), Illuvium (ILV), and so on.
The Exchanges
The next category of cryptocurrencies that Brian plans on investing in is going to be the exchange and platform-related cryptos like Binance, crypto.com, and even FTX. Because if we plan on the worst, if we plan on seeing a recession or an economic period of downturn, the exchanges are going to be holding strong and there’s almost little to zero chance that they would ever go completely under.
By doing this, traders will have a staking period, which allows people to continue putting money into these apps while still getting additional benefits using some of their products.
NFTs
The third category of cryptocurrencies it’s going to be NFTs because NFTs are still going up in price. We were experiencing about two weeks into January, traders who have the least update about the market can be able to buy NFTs and when we get to that point, we’re gonna be seeing another surge in this market.
Ethereum (ETH) and Ethereum related killers host a lot of these NFT projects. We did experience huge amounts of growth. So Ethereum was up 548% in the last year, 2021. Solana (SOL) has up 11,962%, a great growth coming from Cardano (ADA) and even other cryptos like Polkadot (DOT) has up 353%. So, NFTs are going to do well this year.
Stablecoins
The fourth one is for newer investors and those who really hate losing money or being afraid of any type of downside, stablecoins.
Holders can earn from 6% to 12% on your stablecoins through many different exchanges, protocols, or apps that they can have access to, very easily a 7% yield interest is unheard of within traditional finance markets.
The cool thing with crypto is they have no minimum investment amount, traders could just stake a hundred dollars and still earn additional yield. If you’re staking Ethereum or a lot of the other larger coins you can make both the gains and the amount of interest so it’s like a double whammy.
Sign up for a Binance account here (Discount 10% trading fees): https://accounts.binance.com/en/register?ref=29171587
Read more:
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- MrBeast Burger Promised To Work On Accepting Dogecoin (DOGE)