This current bear market is unlike anything the crypto sector has ever seen. The crypto winter is dictated by macroeconomic factors that are not directly connected to the market. However, the bear market is slowly coming to an end, and investors need to start accumulating the right assets.
Bitcoin (BTC), the leading digital asset, is usually the first asset that investors want to hold. ApeCoin (APE), the cryptocurrency linked to the wildly popular Bored Ape Yacht Club NFT, could be a great buy for investors who want to hold and possibly sell in the next bull run.
Another asset that investors should consider is Flasko (FLSK). Flasko's upside potential is very huge, and the entry point is very attractive. One of Flasko's main advantages is that the FLSK token is being sold via a presale during a bear market.
Bear markets are not new to the crypto industry. Cryptocurrencies are known for their volatile nature and violent moves in either direction. This is what partly makes cryptocurrencies attractive to traders.
However, the current bear market hits differently as it is affected by factors outside the industry. The U.S. Federal Reserve (central bank) is in control as it tries to fight local inflation. Cryptocurrency investors pay attention to the Fed's rate hikes and quantitative tightening. This makes sense because quantitative easing was the catalyst that drove the cryptocurrency market to new highs in the 2020 – 2021 bull market.
There are several other factors at play, but the markets are anticipating a Fed pivot. When this happens, the markets will likely start to rally. This will be welcomed by investors who are accumulating digital assets right now.
There is no doubt that Bitcoin (BTC) is the starting point for new cryptocurrency investors. Experienced cryptocurrency investors and traders usually allocate Bitcoin (BTC) to their portfolio because it is the blue-chip asset of the growing market.
Another asset to consider is ApeCoin (APE). ApeCoin (APE) is attractive to investors and traders because it is associated with the Bored Ape Yacht Club NFT collection. Its popularity has the potential to drive up APE's price.
As the bear market comes to an end, the crypto market will enter a bullish phase in which prices are usually in the up-only mode with minor corrections. This is where fortunes are made. And they are made by buying small gems with very low market caps.
Flasko is a good cryptocurrency with the potential to explode in the next bull run. Flasko is an alternative platform that allows users to invest in fine and rare wines, whiskeys, and champagnes.
All investments made will be minted into a fractionalized NFT and will be available on the project's investment platform.
The Flasko token is currently being offered to the public for only $0.065 via a presale. Holders will be incentivized to hold their Flasko token through staking. This way, they will receive platform revenues.
Users who hold the required Flasko minimum threshold will be granted access to Flasko's global events.
Flasko is a well-thought-out cryptocurrency project that can result in significant gains in the future. Experienced investors are aware of this and will eventually start accumulating Flasko tokens.
Those who want to balance their portfolios will also add other cryptocurrencies, such as Bitcoin (BTC) and ApeCoin (APE).
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.