It's no secret that the crypto market has been hit hard over the past year, and the recent FTX scandal has certainly not helped.

However, there's still reason to be optimistic about the sector's future. Crypto as a whole is still relatively new, and downturns -- even severe ones -- are not necessarily uncommon. By riding out the storm and waiting until the recovery period, you could potentially see lucrative returns.

It's critical, though, to choose the right investments. Many cryptocurrencies may not survive this slump, and investing in the wrong places could be costly. While there are never any guarantees in crypto, there are two cryptocurrencies I'm buying and holding forever.

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Source Fool.com