The market situation is not the best and no one knows what to expect, there is a fear of investors in the market. Since the recent drop, bitcoin has lost 40% of its ATH, the fear index has reached 10, and even the altcoins that performed better in the correction, such as NEAR, ATOM, have also lost a little in value. We hit the baseline BTC support of $ 40,000, which we got off to a good start last time, and went to the new ATH. Bitcoin dominance at the bottom. And today we saw a rebound and a small rise in BTC and the market as a whole. Perhaps this is the beginning of a new rally? Is it time to enter the market? I think yes, since we are not that far from a possible second bottom, and even if the lease continues, in any case, we need an upward correction.
Well, if you do decide to enter the market, you should be really informed about current situation and quite confident in your knowledge and "capacities". If you are looking for something not so expensive, here is my opinion on it - > There is no doubt that in 2022, more projects will crop up that will offer you the opportunity to earn good returns. With that said, you might be wondering which affordable altcoin has the potential to yield the most returns. Below is a shortlist of cheap altcoins that you can buy. Remember, the cryptocurrency industry is a high-risk market. Only invest what you can afford to lose.
- XRP
- Dogecoin
- Polygon
- Chainlink
- Cardano
The source:
https://swapzone.io/blog/which-altcoins-to-buy