In July 2022 we had a rough market crash also called a bear market. We saw lots of coins prices drop rapidly even the big coins such as bitcoin and ethereum, We saw Bitcoin drop 70% of its all time high going below the 20,000 dollar mark scaring all holders thinking they lost out on their money.
Today i am making this blog so you can make the most money on cryptocurrencies during this bear market.
- Bitcoin (BTC)
- Market cap: Over $475 billion
Founded in 2009 bitcoin is the original and face of cryptocurrency. Bitcoin hit its all time high in November 2021 reaching over $67,000 It is currently worth just above $20,000 making it a good long term investment as it is estimated to hit $32,000 by the end of 2022 and $80,000 by the end of 2025. If you invest money today it could be worth up to 4x the amount by 2025 or even more in later years.
2. Ethereum (ETH)
- Market cap: Over $180 billion
Ethereum is also a huge coin like Bitcoin but unlike Bitcoin it also has its own blockchain platform. Ethereum hit an all time high back in November 2021 where it was worth around $4,800 it is currently worth around $1,100. Experts believe it could hit around the $1,800 mark again at the end of 2022 and maybe push into $2,000. By 2025 experts believe it could push the $5,000 mark making a new all time high for the crypto coin. This would be a great long term investment as there is huge potential for Ethereum and you could make up to 5x your money if you invested today.
3. Cronos (CRO)
- Market cap: Over $2.96 billion
Cronos is the coin developed by crypto.com making it very well known as well as having huge potential. Cronos has a all time high of $0.90 back in November 2021. It is now worth around $0.11. By the end of 2022 Cronos is expected to double in price making a good short term investment. By 2025 it is estimated to hit around $0.75 also making for a good long term investment as you could make up to 7x your money.
4. TRON (TRX)
Tron had it’s all time high back 5 year ago in January 2018 where it hit $0.30 It is now worth around $0.07. Tron has huge potential and experts believe the price will almost triple by the end of this year hitting $0.17 making it an amazing short term investment. By 2030 it is predicted to hit a high of $2.43 making it a alright long term investment but there is much better ones as it will take a long time to hit this target. However this target may come way sooner depending on development of the coin.
5. Binance coin (BNB)
Like Ethereum Binance has it’s own Blockchain which many other coins run off. Binance is used to pay fees and trade off the Binance network. Binance coin had a all time high of $677.12 almost a year ago, Now it is worth only $231.10. The short term predictions for Binance see it hitting $500 dollars by the end of 2022 making it an amazing short term investment as you will double your money. In 2030 people believe Binance will climb up to $14,000 making it an amazing long term investment.
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Feel free to comment and tell us what your favourite Crypto coin is.
