Are you feeling FOMO? Do you think that you cannot take advantage of this bull run because you don’t have any of the cool coins? Worry not, because you’re going to discover that there are excellent opportunities out there.
So, read this guide, purchase bitcoin, and trade it for any of the cryptocurrencies from this list. They have great fundamentals and they’re likely to provide a positive ROI.
Should you buy cryptocurrencies right now?
Nowadays, we are in a tricky market. According to the Elliott Waves theory, we’re in the 4th wave of Bitcoin, which as usual, is very choppy and brings a chaotic Price Action that liquidates impatient traders.
Therefore, should you buy cryptocurrencies right now? I’d recommend you to ladder your bids. Right now BTC has failed to break through a key level, the $36,500, which means that there are high chances it will dump further.
If BTC dumps, everything dumps. So, you should start buying according to the price action of Bitcoin. You can start with 5-10% right now, and buy more as it goes down because the probabilities of it doing so are high right now.
Also, remember that high prices won’t last forever. Therefore, it’s a good idea to sell most of your bags when the cycle is nearing the end. This way, you can refill your bags at much lower prices during the bear market cycle. Now, let’s check the top 10 cryptocurrencies to invest in as low as $50
The Top 10 Cryptocurrencies You Can Buy for the Cheap
This is the list you need to read right now because it will ease your FOMO and let you see that you can still obtain an excellent ROI because the bullish market is not over yet. Here you have our top ranking.
Chainlink
Chainlink is a blue-chip project with big potential. Right now it’s selling at $30, which is almost 50% less than its ATH. If BTC pulls back to $30K or $21K, you can expect to score it at its previous price of $15 some days ago. If it pulls back to $21K, then you could grab it at much lower prices.
MATIC (Polygon)
MATIC is one of the hottest coins right now. At only $1.91, it still has plenty of potentials. During the recent dips and bounces, it has recovered the fastest. You can buy some right now and buy as it goes down, in case BTC decides to dump.
ICX
ICX is regarded as a laggard nowadays because even though it has great fundamentals, its price action has not been as exciting as expected. However, it’s a dormant giant, and at only $1.05 right now, it’s a steal that could provide you with an amazing profit in the future.
UNI
Nowadays, it’s trading at $27, which is way behind its ATH of $44.69 USD. During the recent dips, its price fell as low as $15.14 – a real bargain. Keep this on your watchlist. It serves an actual purpose and is gaining traction.
SOL
SOLANA is similar to ETH, and hence, it has a huge potential. Right now it’s trading at $30, which is behind its ATH of $55.91. During the decent dips, its price fell to $19.11 USD. It has a strong foundation, and hence, it’s a solid investment.
DOT
Similar to SOL and ETH. Right now it’s trading at $22.28, and it has already reached prices beyond the $40 mark. Therefore, it’s a good investment to consider.
FTM
Fantom is another project with a lot of offer still. It’s trading at $0.318, placing it at -65% from its ATH. Solid fundamentals make this coin a good choice since its cryptocurrency price can grow during this bullish cycle.
CAKE
CAKE is similar to UNI (Uniswap) as it serves the same purpose. Right now you can buy it for $16 USD, placing it at -62% from the ATH. Also, it’s worth exploring similar Binance coins such as Burguer and Alice, because you can build a solid portfolio this way.
AVAX
You can buy AVAX for $17, placing it at -58% from the most recent peak of $41 before the dip. As a long-term hold for this cycle, it’s a good choice. It’s a popular coin in the Defi space as well, which could help it to recover faster once BTC gains momentum again.
SUSHI
Sushiswap is part of the Defi and swap environment, and hence, it has a similar potential to CAKE and UNI. You can buy it for $11.43 right now, which is -47% from the most recent peak. During the last dip, it fell below $10, making it a solid buy when BTC recovers and puts the market in a bullish trend again.