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3 Cryptocurrencies to Buy in a Bear Market
A bear market is one of the best opportunities to invest in crypto, with one key caveat: You need to choose your investments very carefully. Bear markets tend to separate the crypto contenders from the pretenders. Many cryptocurrencies never recover from their first downturn.I'm selective about cryptocurrency investments, especially during times of economic uncertainty. Even so, there are a few coins that I think are well-equipped to survive a bear market and deliver outsized long-term returns.Monero (CRYPTO: XMR) is the largest privacy coin, meaning a cryptocurrency that privatizes transactions. Most cryptocurrencies record transactions on a public blockchain that anyone can access. Monero transactions are anonymous and untraceable. If there is a reliable tracing method, it's not public knowledge.Continue reading
A bear market is one of the best opportunities to invest in crypto, with one key caveat: You need to choose your investments very carefully. Bear markets tend to separate the crypto contenders from the pretenders. Many cryptocurrencies never recover from their first downturn.
I'm selective about cryptocurrency investments, especially during times of economic uncertainty. Even so, there are a few coins that I think are well-equipped to survive a bear market and deliver outsized long-term returns.
Monero (CRYPTO: XMR) is the largest privacy coin, meaning a cryptocurrency that privatizes transactions. Most cryptocurrencies record transactions on a public blockchain that anyone can access. Monero transactions are anonymous and untraceable. If there is a reliable tracing method, it's not public knowledge.
