- guidance on how to determine which route is best for your investment needs.
- presale tokens is a more calculated approach to cryptocurrency investment.
If you’re a cryptocurrency investor, you’ll agree that the volatile markets of most coins can be a bit overwhelming. That is why it’s important to make wise investments into tokens that you know can either yield a high return or will remain steady over the long term.
When it comes to investing in cryptocurrency, there are two main strategies: buying the dip or purchasing presale tokens. This article explores each approach, providing guidance on how to determine which route is best for your investment needs.
Should You Purchase Presale Tokens?
Purchasing presale tokens is a more calculated approach to cryptocurrency investment. It involves purchasing coins before they become available on exchanges and often at discounted prices. This can provide investors with long-term returns if the coin performs well. An example of this is Golteum.
Golteum
Golteum is an Ethereum-based token that was offered to investors during its presale at a discounted price. Golteum has since performed well and is now trading at higher prices than it was in the presale. To be specific, during the private sale, each token was valued at just 7 cents – ever since then it has skyrocketed by 85% to 13 cents! This makes it an incredibly successful and lucrative option with a massive potential for growth. Therefore, if you had purchased tokens during the initial presale, you would have likely made a profit.
As a first of its kind, Golteum’s main NFT platform is backed by physical gold. Because gold has always been viewed as a safe-haven investment asset, it brings to investors a feeling of security as the scarce commodity holds up its price even during bear markets. Therefore, investing in the platform’s utility token could potentially be a good long-term strategy. We expect prices to go up in every round of the presale and reach as much as 350%. Additionally, it’s important to mention that there is a 20% token bonus in the current presale round!
Golteum’s mission is to revolutionize the gold industry by granting Web3 users access to one of the most dependable reserve currencies on earth. Moreover, to support their mission in launching a top-tier trading platform, they’ve chosen to integrate the Fireblocks Web3 Engine. This includes custody services, treasury management, risk mitigation tools, and their highly anticipated tokenization mechanism for the handling of all gold NFTs. To build an even stronger relationship of trust with their users, six members of the team have been doxxed by Certik, and the GLTM smart contract was audited by the top crypto security firm too. As a result, they’ve been granted the much sought after silver badge.
Should You Buy The Dip?
An alternative to purchasing presale tokens is buying the dip, which is a popular strategy in cryptocurrency. It involves buying coins after they have experienced a sharp drop in price. The idea is that you can get more coins at a lower cost and when the market recovers, you will have made a profit. The main disadvantage of this strategy is that it is highly speculative and there is no guarantee that the price will recover. Additionally, the risk of losses increases as the market moves further away from its peak. The bear markets of Bitcoin and Ethereum throughout 2018 have been great examples.
Bitcoin
Bitcoin is typically the first option for investors looking to buy the dip. Although its price has been very volatile over the years, Bitcoin has shown some considerable growth over the long term and currently remains one of the most valuable cryptocurrencies. Therefore, buying into Bitcoin at a low cost could potentially be a good investment decision.
However, during the bear markets of 2017 to 2018 and 2022 , Bitcoin lost more than 80% of its value. Investors who bought into the coin at this point were unlikely to make a profit, as the market had yet to recover.
Ethereum
Ethereum is another popular option for investors looking to buy the dip. Its price has also been highly volatile in recent years and its bear market of June 2017 saw a loss of more than 90% from $319 to 10 cents, something that most likely will repeat this cycle. Although Ethereum has shown signs of recovery and is now trading at significantly higher prices, some investors are still wary of its potential risks.
If you are looking to buy the dip with Ethereum, it is important to carefully consider market conditions and assess the risk involved before making any decisions. It may also be beneficial to diversify your portfolio by investing in other coins and tokens as well.
Dip or Presale? The Final Word
When it comes to investing in cryptocurrency, the decision between buying the dip or purchasing presale tokens should be based on your personal goals and risk tolerance. Buying the dip can provide investors with quick returns but carries a high degree of risk. Purchasing presale tokens provides investors with long-term gains but requires more research and analysis.
In conclusion, both buying the dip and purchasing presale tokens could be great strategies for investors to capitalise on the crypto market. In particular, young upcoming projects like Golteum may have a lot more potential when compared to more mature projects like Bitcoin and Ethereum, however it is important to understand the risks and rewards associated with each strategy before making any decisions. Finally, we may add that it’s crucial to see if a project keeps in high regard security, transparency and trust the way Golteum does.
Find Out More About The Golteum Presale
Website: https://www.golteum.io
Presale: https://presale.golteum.io/register
Whitepaper: https://golteum.io/GolteumWhitepaper.pdf
Telegram: https://t.me/golteum
Read More: news.google.com