To get the best upside for your portfolio in the current bear market, you might want to start thinking a little more about the long-term. Picking a coin that’s going to be worth more tomorrow is difficult. It always was but is arguably even more so right now with huge levels of volatility and market sentiment that’s less than fully confident.
But the important thing to remember is that crypto has a strong future. The markets are in bad shape because a recession is on its way, costs are soaring, and people are struggling to pay their bills. That means less money for crypto investments.
Traditional stocks and shares are suffering, so there’s no underlying issue with crypto itself. And that’s why savvy investors are now snapping the discount prices available. They see their portfolios rising over the next year or two rather than in the next few weeks. That’s the best way to think about things, and there’s still plenty of upside for your portfolio if you’re ready to be a bit more patient and reap the benefits in 2023 and beyond. Let’s look at a few of the best options analysts predict for huge 2023s…
Uniglo (GLO)
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The team behind Uniglo has created a range of features that the whole industry is taking a closer look at. It’s got some of the strongest deflationary measures in crypto when the global financial markets need them. If you’ve noticed costs rising and your money becoming worth less, you’ll have seen how much of a problem inflation has been recently.
With Uniglo’s vault of assets, investors enjoy a token with a true store of value rather than one that can be quantitatively eased (printed) or one with no real asset store. GLO also uses ultra-burn mechanics to reduce supply over time at a rapid rate continuously. All of these reasons allow early investors to enjoy strong price growth in a coin they can fully believe in.
Ethereum Classic (ETC)
As a hard fork from the standard Ethereum, ETC offers a range of solutions that complement the biggest blockchain development ecosystem in the space. And while Ethereum Classic differs somewhat from its parent crypto, it still follows its success in some ways. So when ETH recently boomed off the news of the merger to ETH 2.0, ETC also saw some credible momentum. Ethereum looks set to continue to grow, which presents key investment opportunities for those who invest in ETC.
Cardano (ADA)
At the time of writing, ADA had a strong trading day, climbing to around $0.57. Some think it could climb up to over $1 soon and still has room to grow as one of the strongest altcoin projects in the market.
Conclusion
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GLO, ETC, and ADA all have strong potential for your portfolio. That’s why savvy investors are putting their money where their mouth is, and you should consider doing the same.
