The market is most times unpredictable and as much as you may be looking to be well positioned for profits with the bull market, you also need to get into crypto assets that protect your money should the opposite happen. Emerging news in the past few weeks have reported a few exchanges going insolvent and shutting down. Usually, this is a sell signal for the market, and it could plunge us further into the bear market. Therefore, here are three crypto assets you should own if you’re looking to play all sides– downtrends and uptrends.
Bitcoin (BTC)
Although overpriced, Bitcoin (BTC) might be the least volatile asset in the market due to its large market cap. The crypto market has over $1 trillion market cap; in comparison with the stock market with about $107 trillion valuation, the relative volatility makes sense. Bitcoin (BTC) has that advantage and dominance over the rest of the market, and it’s some protection against market volatility.
Bitcoin (BTC) is seeing some exciting trends with ordinals and BRC-20 inscriptions lately, and these new utilities have turned in over $1 billion in volume for the network. Bitcoin wouldn’t have had that much volume aside from BTC trading otherwise. In addition to protection from market volatility, you’re also in a position to profit from Bitcoin’s promising price trend toward the bull market.
Polygon (MATIC)
Polygon (MATIC) is an Ethereum sidechain and has shown decent strength over the past few weeks. In the closing weeks of 2022, while other cryptocurrencies were on a massive downtrend due to the FTX crash, MATIC held strong and established itself as a protection against market volatility. Polygon (MATIC) has secured some interesting partnerships over the past several months with several Web2 brands.
The network is considered a cheaper option for onboarding users into the blockchain landscape. Platforms like Reddit, Meta, and other Web2 companies have launched NFT collections on the network, and unlike Ethereum, the gas fees are zero. And this eases the onboarding of users with no prior experience with blockchain and can easily peruse the landscape for more opportunities. Polygon (MATIC) will be a decent crypto asset if you’re looking to play the market both ways.
Uwerx (WERX)
Uwerx (WERX) is a new freelance platform, and the presale has progressed positively in the pattern of some of the most successful projects the crypto landscape has seen. Uwerx is allowing an opportunity for early buyers to get in at a market advantage, buy WERX tokens, and position for massive profits to come. Uwerx’s new price on Stage 5 is $0.05245, and in this price range, you’re buying below market value and will be looking to profit at launch. Experts predict WERX should be worth $3.5 by Q4 2024, and that’s some interesting price prospects to play at.
Audited by SolidProof and InterFi Network, the presale is vetted as secure and safe to enter. Also, Uwerx has the utility to carry the value, and you should endeavor not to miss this opportunity.
Get in the Uwerx presale now and earn a 15% bonus on your purchase.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
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