Market crashes are something we have to worry about more and more in the cryptocurrency market, especially in the last year. They are, of course, bad for those holding a coin that has been heavily affected by a fall, but they can also provide a great opportunity. As with stocks or real estate, the best time to buy cryptocurrencies is during a downturn. The old adage that what goes up must fall also has some relevance when it comes to the opposite: the fall won’t last forever and is usually followed by a correction. We can see this by the amount of noise surrounding some of the different altcoins. Cryptocurrency has become sustainable due to its diversification. The Dash2Trade (D2T) trading platform coin, the IMPT.io environmental token (IMPT), the Calvaria gaming coin (RIA), and the Tamadoge meme coin (TAMA) are all great examples of innovative cryptocurrencies that are making great strides.
Buying a drop
As I said before, the key to a dip-buying strategy is to believe that the dip is temporary and the market will correct itself. You can approach this in different ways, as in anything crypto related, you need to have a set game plan and stay in control. The first is more long-term and safer. This includes waiting for established coins like BTC or ETH to fall and buying at a low price. To do this, we advise you to have a certain amount of money that you can afford to invest, and your goal is long-term. For this strategy, the time frame needs to be much longer than for most crypto investments, we allow these investments to settle for up to two years or maybe even longer. The thought process here is to believe in the long-term market for cryptocurrencies, as the established coins will rise if the cryptocurrency is generally successful. Thus, if you buy during a fall and wait, you should see profits in the long run.
The best altcoins to buy on the dip
Dash2Trade is a trading platform coin that attracts many investors in its presale. The coin has already passed the $5.5 million mark and it looks like the coin will continue to go through the pre-sale stages at a fast pace. What attracts investors is that the platform provides all the information you may need to trade successfully. They mix strategy with sentiment to give you the best buying and selling options, and you even get access to the latest coins and their pre-sales.
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Another coin that is brand new but has already raised over $12.5 million in presale is IMPT. A green coin that aims to establish links with green projects and decentralize and optimize the carbon project, we expect great success from this green coin. At the time of writing, IMPT is worth $0.023, but as we said, the pre-sale has already begun, so it will go up in price as the coin moves up. Considering it’s already partnered with hundreds of brands and many are interested, we think now is the time to get involved before it takes off completely.
Calavria could become investors’ favorite gaming token in 2023. In fact, a quick Google search will let you know that many experts consider it the best P2E gaming token next year. If a presale is anything, these experts may be right. Calvaria is moving through stages and is already at stage 4 at the time of writing. We believe that Calvaria’s in-game NFT trading options are intermingling with the ability for users to transfer in-game currency (eRIA) for Calvaria’s real currency (RIA). makes them such a strong future proposition.
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I already mentioned the meme coin, but not without reason, as Tamadodge could soon surpass Shiba Inu and Dogecoin as the number one meme cryptocurrency. The price has dropped a bit over the last couple of days, but with the success of NFT drops and upcoming gaming projects, this could be the perfect time to buy before the price spikes. No wonder early investors are so optimistic about the coin’s prospects.
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As we mentioned in Battle Infinity, Sweat is one of those coins that are trying to find a unique angle in a crowded market and we think so far so good. A baby in the industry, only launched on September 12th, Sweat allows you to earn coins just by working out. All you need to do is download the app, follow the instructions and you are ready to go.
Another project aimed at taking advantage of the metaverse is Luna One. Their goal at Luna is to create an NFT game that combines business, gaming, and education into one fun community that also provides passive income opportunities for its players. Already a very popular coin on social networks such as Twitter and Reddit, we advise investors to take a closer look while the price can still be favorable.
Quite a funny and very interesting idea from the inventors of this coin to combine the biggest influencer in cryptocurrencies, Elon Musk, and China’s most popular meme and animal, the panda. About 1 billion Panda Elon coins were sold in a matter of minutes and the price has skyrocketed in recent weeks. So maybe this coin could be the new coin to replace Dogecoin.
Another NFT-based crypto project that may be familiar to some readers. The Ape coin was a cryptocurrency that skyrocketed in value some time ago and now has a little brother. Baby Ape will try to follow in his big brother’s footsteps and hopefully become a very popular meme coin. The project also aims to collaborate with the metaverse and also does a lot of work for Gorilla charities.