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Cockroaches are one of the oldest surviving members of the earth. They roamed the earth with dinosaurs and outlived them.
Cockroaches can survive nuclear blast because they can withstand huge amounts of radiation. They have been here for a long time, and they will continue to be here.
You are wondering how this fact about cockroaches can work for your crypto investment.
You see the survival potential of a cryptocurrency should be determined before you invest .
We have seen a lot of crypto bulls and bears through this period many cryptocurrencies disappeared in the bear market, never to be heard of again.
Let me Explain to you how
Bitcoin faced and survived the 2012 bear market alone because no other coin was trading then.
Another bear market hit between 2013 and 2015 bitcoin dropped from a high of $1147.14 to $197.24. A lot of people said bitcoin wouldn’t survive, but it does.
The Dec. 2017 to Dec. 2018 bear market was one of the hardest. The number of crypto projects that failed to survive the 2018 crash was huge, and I was a victim of one of such projects.
This is where the article gets interesting…
Ensure that any cryptocurrency you are investing in has the quality of a cockroach. Ensure it can withstand and absolve both the hit and the financial shortage of the bear market until the next bull market.
Your investment portfolio must have the majority of your investment in the crypto assets that have withstood a lot of bear markets.
By knowing that history is everything…
A few times history can fail, but, often then not, history is always correct.
If Bitcoin can withstand the previous bear market, it is most likely it will survive the present bear market. Therefore, bitcoin should be the number crypto in your portfolio.
Etherum: also qualifies to be in your investment portfolio because it’s survived bear markets and grown after the many crashes.
Others you should look at are;
Polygon Matic: This is a good project with solid fundamentals, and it has seen a fair share of the bear market.
Cardano (ADA): Not much potential to make you a lot of money according to its history, but it is crypto that can help you safeguard your portfolio because it will not bring about negative surprises.
BNB: I will go for BNB anytime because it’s the governance coin of the largest centralized exchange in the world. Its utility is massive. And it has seen a fair share of the bear market, so it is going nowhere in the meantime.
Litecoin: Today, nobody talks about litecoin, but it is a cockroach because it has been here since 2011, and it has not presented any negative surprises since its inception. It will keep your portfolio safe and time.
There are other cryptocurrencies like the above, and I will not say you should invest in the ones listed. What I will advise is that you should use the tested and trusted cockroach strategy in your investment portfolio.
Conclusion
While most of these cryptocurrencies will safeguard your portfolio, they do not have the potential to increase your portfolio quickly. They are a slow and steady form of investment. I will release an article about ways to identify the crypto that will increase your investment fast and safeguard your portfolio.
Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing
Cockroaches are one of the oldest surviving members of the earth. They roamed the earth with dinosaurs and outlived them.
Cockroaches can survive nuclear blast because they can withstand huge amounts of radiation. They have been here for a long time, and they will continue to be here.
You are wondering how this fact about cockroaches can work for your crypto investment.
You see the survival potential of a cryptocurrency should be determined before you invest .
We have seen a lot of crypto bulls and bears through this period many cryptocurrencies disappeared in the bear market, never to be heard of again.
Let me Explain to you how
Bitcoin faced and survived the 2012 bear market alone because no other coin was trading then.
Another bear market hit between 2013 and 2015 bitcoin dropped from a high of $1147.14 to $197.24. A lot of people said bitcoin wouldn’t survive, but it does.
The Dec. 2017 to Dec. 2018 bear market was one of the hardest. The number of crypto projects that failed to survive the 2018 crash was huge, and I was a victim of one of such projects.
This is where the article gets interesting…
Ensure that any cryptocurrency you are investing in has the quality of a cockroach. Ensure it can withstand and absolve both the hit and the financial shortage of the bear market until the next bull market.
Your investment portfolio must have the majority of your investment in the crypto assets that have withstood a lot of bear markets.
By knowing that history is everything…
A few times history can fail, but, often then not, history is always correct.
If Bitcoin can withstand the previous bear market, it is most likely it will survive the present bear market. Therefore, bitcoin should be the number crypto in your portfolio.
Etherum: also qualifies to be in your investment portfolio because it’s survived bear markets and grown after the many crashes.
Others you should look at are;
Polygon Matic: This is a good project with solid fundamentals, and it has seen a fair share of the bear market.
Cardano (ADA): Not much potential to make you a lot of money according to its history, but it is crypto that can help you safeguard your portfolio because it will not bring about negative surprises.
BNB: I will go for BNB anytime because it’s the governance coin of the largest centralized exchange in the world. Its utility is massive. And it has seen a fair share of the bear market, so it is going nowhere in the meantime.
Litecoin: Today, nobody talks about litecoin, but it is a cockroach because it has been here since 2011, and it has not presented any negative surprises since its inception. It will keep your portfolio safe and time.
There are other cryptocurrencies like the above, and I will not say you should invest in the ones listed. What I will advise is that you should use the tested and trusted cockroach strategy in your investment portfolio.
Conclusion
While most of these cryptocurrencies will safeguard your portfolio, they do not have the potential to increase your portfolio quickly. They are a slow and steady form of investment. I will release an article about ways to identify the crypto that will increase your investment fast and safeguard your portfolio.
Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing
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