With the bear market in full swing, there now exists a high level of difficulty in performing day-to-day activities within the cryptocurrency industry, such as trading and investing. A major reason for this is the extreme market volatility, and negative crypto prices present.
Since making profits through normal ways has become difficult and leaves crypto regulars open to risks of running at a loss, it has become imperative to seek tangible solutions to ensure safety and continuity.
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A strategy that has been employed to great effect in previous bear markets is long-term cryptocurrency investing. It is a strategy that mitigates the risk of running at a loss and promises massive returns in the long run.
However, the chances of success totally depend on the cryptocurrency invested. It is for this reason that this piece discusses three cryptocurrencies that investors could consider in the current climate. Here’s why you should watch out for Tron (TRX), Filecoin (FIL), and Big Eyes Coin (BIG).
Tron: Facilitation Of Network Governance And User Interaction
Tron (TRX) is a decentralized blockchain-based operating system within the cryptocurrency industry that seeks to help content creators generate more profit by connecting them directly with content consumers.
By operating in this manner, Tron (TRX) eliminates the need for intermediaries, such as Facebook, Apple, or Youtube. Asides from this, Tron (TRX) is an ideal environment that supports smart contracts, various kinds of blockchain systems, and decentralized applications (dApps).
Its native cryptocurrency, TRX, is an integral part of its ecosystem. TRX incentivizes the network and facilitates various crypto operations, such as network governance, payment fees, and user interaction.
TRX is a highly sought-after cryptocurrency with stocks on prominent crypto platforms in the industry, such as Poloniex, Bancor, Kucoin, Binance, and Coinbene.
Filecoin: Storing Data In A Decentralized Fashion
Filecoin (FIL) is a notable decentralized storage system within the cryptocurrency industry that seeks to store humanity’s most important information. It is a platform that stores data in a decentralized manner, unlike cloud storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization.
Within the cryptocurrency industry, Filecoin (FIL) is regarded as an incentive layer for the Interplanetary File System (IPFS) and is backed by a blockchain that records commitments made by the network’s participants.
Its native cryptocurrency, FIL, plays an integral part in its ecosystem. FIL incentivizes the network and facilitates crypto operations, such as network governance, payment fees, and user interaction. FIL is available on prominent crypto platforms within the industry.
Big Eyes Coin: A Meme Token With No Transaction Fees
Big Eyes Coin (BIG) is a meme coin within the cryptocurrency industry that is native to Big Eyes, a crypto project that seeks to, among other things, champion the cause for blockchain adoption within global communities.
The token possesses attractive features, such as an exciting roadmap and massive supply, making it ideal for various crypto operations. It also requires no transaction fees. This kind of feature could see it quickly become a favourite of traders.
Big Eyes Coin (BIG) is currently on presale and is available to the general public. Within the current climate, it is an ideal cryptocurrency for long-term cryptocurrency investments and could yield massive returns in the long run.
Apply the code BUYEYES476 to gain a coin bonus on your purchase.
See more information on Big Eyes Coin (BIG), by clicking on the links below:
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.”
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