The cryptocurrency market has been in a correction since Mar. 10 with the total market capitalization of all crypto coins dropping from $2.8 trillion to $2.3 trillion on May 1, shedding half a trillion in market value on crypto exchanges over the last 50 days. When markets correct this far amid a broader uptrend, it’s usually a good time to catch the next ride up at value.
Crypto investors looking to make an even bigger profit with more upside like to find new altcoin gems that have not yet been discovered by the wider market. Some more later in this article on why Ethereum cat meme coin KAI Cat might be one of those rare gems worth considering, but real quick first— here’s why crypto crashes like the current one are such a bargain for investors.
Value Investing In The Crypto Altcoin Space
Value investing is an investment strategy. Value investors like to buy bargains. They hunt for opportunities to buy an asset at a discount to its actual value because the rest of the market is running away scared, selling off their holdings because of fear, uncertainty, and doubt in the news, on social media, or just because they see that’s what the rest of the market is doing.
While investors that get average results copy what the rest of the market is doing, value investing is a contrarian investing strategy that involves taking the sometimes difficult steps to do the exact opposite of what everyone else seems to be doing. The most famous advocate of value investing is Berkshire Hathaway’s Warren Buffett.
Value investing made Buffett the richest man in the world for years and for decades, people from all over the globe have traveled to Omaha, Nebraska to fill an auditorium and listen to Buffett give investing advice while eating peanut brittle and drinking Coca-Cola out of champagne glasses on a stage with his late partner, Charlie Munger.
His classic formulation of value investing is to “be fearful when others are greedy and to be greedy only when others are fearful.” In other words, when the market is down like it is now after the past 50 days of losses, that is the best time to capture the most profits from an investment that is on its way back up after the market recovers and begins to rally again.
Now Buffett himself would not advise anyone to buy Kai Cat ($KAI), Ether ($ETH), or even Bitcoin ($BTC), but he also readily admits that he knows next to nothing about the high tech industry, and he only invests in and talks about what he knows.
That’s why the old “Oracle of Omaha,” prescient as he is about the traditional economy, missed out on AMZN and GOOG stocks in the 2000s and 2010s, and Bitcoin in the 2010s, missed opportunities that Berkshire’s head honcho readily admits that he regrets. That doesn’t mean moon boys and degens can’t use his best investing advice in a market that clicks with them.
Ethereum $Kai Cat Raises $230,000 In Presale
One opportunity that has the potential to maximize profits on the next leg up for the crypto markets, is the AI-optimized meme microcurrency, Kai Cat ($KAI).
Kai is not only a ferocious feline with space age technology, but also has a black belt in karate, the ancient Japanese art of fighting without weapons. In all seriousness, this little critter coin could be the next BONK, SLERF, or BOME token after it exits its presale and begins trading on major crypto exchanges. It has currently raised over $230,000 from meme coin investors.
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