The crypto Fear and Greed Index reports 27 (Extreme Fear). This score is calculated from market volatility, momentum, social media, surveys, trends, and dominance. It provides a hugely simplified investment strategy for investors that can be utilised by professionals and new traders alike: Accumulate as much crypto as possible when the index reports 30 or lower and begin to take profits when the index reports 70 or higher.
With a reading of 27, now is the time that investors should be throwing everything they have into the market. Make no mistake, the actions of traders today are creating the millionaires of tomorrow. The next bull market will create a new slew of crypto millionaires, and those investors are busy laying the foundations now.
Investors who want to become millionaires have to outperform their peers, take the decisions others are too afraid to make, and most importantly, master their emotions and have conviction in their investments.
Uniglo (GLO), Bitcoin (BTC), Fantom (FTM), and Polygon (MATIC) are all massively undervalued and ready to make obscene gains in the next bull market. But only brave investors will buy them at their current valuations. However, it is the same brave investors that will become millionaires.
Uniglo (GLO)
Uniglo is a social currency introducing value-backing and scarcity to DeFi. Leveraging buy and sell taxes, Uniglo acquires assets giving GLO an intrinsic floor price, and linking its value to the assets stored in the Vault opens the opportunity for GLO to surge when the market reverses. A greater Vault valuation means a greater floor price.
But it is the ultra burn mechanism that makes Uniglo an undervalued gem. With 2% of each transaction being burnt, Uniglo will become scarce rapidly, and GLO is the first hyper-deflationary token of DeFi. A value-backed floor price supported by digital and physical assets and a rapidly declining total supply makes GLO a hidden gem, easily with the potential to do a 100X.
Bitcoin (BTC)
Bitcoin trades at $20,000, the peak of the prior cycle. This has always marked the absolute best time to acquire Bitcoin, and whatever critics say, Bitcoin has always come back and come back stronger. The next bull market phase will see Bitcoin finally break the $100,000 valuation, and investors stacking BTC now are changing their financial situation forever.
Fantom (FTM)
No layer one blockchain can compete with Fantom in a risk-on environment. Fantom’s ecosystem outpaces and outclasses every other layer-one project. It is where the brightest minds are building, and an unbelievable amount of development has occurred during the bear market.
Fantom has slipped down the rankings, and this is brilliant news for long-term investors who can buy at a discount. Investors buying FTM are now locking in life-changing gains. FTM is criminally undervalued, and the current entry point is an unbelievable buy.
Polygon (MATIC)
Polygon is the most famous layer two scaling solution, and for a good reason. The developers behind this project have carved out a space for themselves within the digital asset space and will remain there. Initially, the Matic sidechain brought scalability to Ethereum, now, it is ZK Rollups, and this team does not stop building. With growing adoption, the need for scalability increases, and projects that provide it, will soar in value. Polygon will be a huge beneficiary of this growth and represents another superb choice for investors.
Find Out More Here
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