🚨2022 — The Opportunities and Risks in Crypto Market!🚨

There are two ways to think about investing during a recession: you can play defence or you can take advantage of opportunity. Playing defence means limiting losses and avoiding cryptocurrencies that might not recover. Acting opportunistically means taking advantage of market weakness to make long term investments at bargain prices.

🟢 From a defensive standpoint, here are few points to remember:

Make sure you have an emergency fund set aside, so that you won’t be forced to sell investments at the worst possible time. Avoid or reduce exposure to speculative meme cryptos and those that have a lot of hype relative to their unrealistic business promises.

Consider holding some cryptocurrencies in the grow sectors such as Web 3 , Binance Launchpad and Tokenization tokes. As always, diversifying your portfolio with stocks from different sectors is a good way to balance your exposure amongst the industries.

🟢 As far as opportunistic investing goes, bear markets and recessions can provide great opportunities to buy high quality coins. Here are a few ideas to help you out:

Cryptocurrencies that perform well long-term tend to have some combination of industry leadership, competitive advantage, strong value vs BTC value and solid leadership. Bear markets…