The economics of the cryptocurrency market can be confusing at times. This article will aim to show you when the best time is to invest your money in cryptocurrencies. The crypto market is currently crashing, leaving many investors in a panic. However, this can be used to your advantage as a bull market often follows a crypto crash. THORChain (RUNE) and Theta Network (THETA) are established cryptos that have suffered from the recent market dip. They do show promising signs of recovery, leading investors to put them on their watchlist. CashFi (CFI) is a new cryptocurrency currently in its presale stage. The creative platform offers numerous services for its loyal following.
CashFi (CFI) returns look promising
CashFi (CFI) is a decentralized network that uses unique fee-sharing protocols to provide investors access to numerous asset classes like liquid staking and NFTs. CashFi (CFI) even has plans to allow its users to unlock liquidity for huge profit by staking its native token, CFI.
CashFi (CFI) has immense use cases which have been the subject of its success through its pre-sale. One of its use cases is to integrate NFTs into its community. It does this by building a huge cross-chain NFT market. NFTs have become pivotal in the crypto world since their emergence. Records show that NFTs have seen a rise of over 20,000% in value. This is something that CashFi (CFI) wants its users to take advantage of.
There are a myriad of benefits that come from investing in CashFi (CFI). The passive income tools make sure investors don’t go home empty-handed. Currently, in its presale stage, the price of CFI tokens is extremely low, making now the best time to invest and watch the platform grow.
Watch your profits grow as fast as lightning with THORChain (RUNE)
THORChain (RUNE) is a decentralized liquidity protocol that allows its users to trade their assets over numerous networks whilst keeping custody of the assets. THORChain (RUNE) separates itself from other platforms by utilizing a unique system to alleviate impermanent losses. This is when a liquidity provider has temporarily lost funds due to volatility in a different platform.
Like other cryptocurrencies, THORChain (RUNE) has been a victim of the recent cryptocurrency crash. It has seen an 8.90% decrease in the past 24 hours at the time of this article being written. This loss in value should not deter investors.
They should see it as an opportunity to add THORChain (RUNE) to their portfolio. The data shows that a rebound for the coin could happen soon. If prices were to reach the same levels as before the cryptocurrency crash, the returns on investment would be huge.
Is Theta Network (THETA) Stabilizing?
Theta Network (THETA) is a video and entertainment blockchain-powered by its users. THETA is a Peer-to-peer video delivery open-source platform that uses bandwidth and time to operate. Token holders can stake their bandwidth and time to earn lucrative rewards. This opens passive income avenues that users can take advantage of.
The Theta Network (THETA) operates on its blockchain. It was created to meet the network’s unique characteristics. The network allows users to generate material for free without the risk of it being taken down by censorship-heavy platforms.
Having encountered some heavy losses recently, Theta Network (THETA) looks to be on the path to recovery. The coin initially lost over 63% of its value during the crash, this has been overshadowed by its astonishing recovery of 40%. This trend is expected to continue through the year which means it has the potential to skyrocket in value.
Choosing which cryptocurrencies to invest in can be hard, and choosing when to invest in them is even harder. Generally, you want to buy into a cryptocurrency when the value is low, so you can reap huge returns on your initial investment. Currently, the prices of THORChain (RUNE) and Theta Network (THETA) are low, giving you the perfect opportunity to add them to your portfolio this summer. If you are looking for a safe long-term bet, consider adding CashFi (CFI) to your portfolio. This new crypto has dazzled through its presale stage thus far and shows promising signs that it will explode when launched in September.
For more information, please visit the following websites:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.