The latest stock market crash is scaring away plenty of investors, as the falling prices have burst the perfect bubble of everything created since the previous fall in 2020. Even though market crashes come and go, the current economic uncertainty is making many individuals turn away from investing. If you are disappointed in your current stock market returns, there is no better time than now to join the cryptocurrency industry!
How to start investing in cryptocurrencies?
The crypto market can seem daunting and difficult to navigate due to its saturation and volatility. However, similarly to the stock market, research and diversification are core principles for a well-designed investment strategy.
A wise thing to do during uncertain times is to stay informed and rely on your own decisions rather than take advice from anyone else. While it can be scary to invest your hard-earned money during bear markets, long-term holding has proven to be the most profitable for many investors.
One of the best things about investing in cryptocurrencies is that you don’t need much capital to begin with - some of the popular and established coins cost less than $1! But also, it is important not to forget another experienced investors’ preferred way of purchasing crypto - presales.
Why do many investors prefer to invest during presales?
If you are new to the crypto market, it is likely you haven’t heard about presales before. What is the hype behind buying during presales? There are numerous reasons why many experienced investors turn to new crypto projects that have loads of potential.
Previously successful cryptocurrency presales, such as Filecoin (FIL) and Tezos (XTZ) among others, have shown that investing early may be the most profitable way to get into cryptocurrencies.
A vast range of presale advantages includes lower prices and considerably better investment security because the crypto price cannot fall during the presale stage, only rise. This improves the potential value increase and is more likely to bring higher investment returns.
