There are two ways to get rich in crypto: getting in early with promising altcoins or buying during market dumps. But what should you buy during a market dump? Bitcoin and Ethereum may not always be affordable options. So, my team and I have gone bargain hunting and found two altcoins to consider if the market goes further down.
Coin 1: Chainge Finance is a DeFi app that is rapidly growing in three key areas. It aggregates liquidity from multiple DEXs, allowing users to get the best prices and trade routes. It also enables cross-chain transactions, making it easy to access liquidity from different blockchains. Additionally, Chainge is mobile-friendly, available on both iOS and Android devices. With its bear market low of 3 cents and current price of 7.5 cents, Chainge’s token (CHNG) has great potential for growth.
Coin 2: Goldfinch is a decentralized credit protocol that offers real yield from real companies. It allows users to lend USDC to businesses in emerging markets, with loans secured by real-world assets like invoices and inventory. Goldfinch has attracted attention from investors and has the potential for significant growth given the demand for RWA-backed lending products.
Coin 3: Bitcoin is a must-have in any crypto portfolio. With a market value of $500 billion, it is often compared to gold. If Bitcoin reaches gold’s market cap of $12 trillion, its value could increase more than 20x from its current price.
Hot Take: Having some Bitcoin in your portfolio is essential as it benefits from both legitimate market growth and declining fiat value. If you believe in the growth potential of altcoins like Chainge Finance and Goldfinch, as well as the future of Bitcoin as a store of value outside of fiat currencies, then these three coins should be on your radar.
Disclaimer: The information provided is for educational and informational purposes only and should not be considered financial advice. Investing in cryptocurrencies carries high risks, so please do your own research and exercise caution.
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