3 Cryptocurrencies to Buy in Any Bear Market
In 2022, investors watched in dismay as the value of cryptocurrencies crashed back down to earth. By the end of the year, the entire market cap of the crypto market was less than $1 trillion, meaning that more than $2 trillion was wiped out during the year. Even worse, these losses were across the board, as nearly every cryptocurrency finished the year in the red.
That said, there are a handful of cryptocurrencies that could make for interesting investments during a bear market. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Cardano (CRYPTO: ADA) are at the top of the list.
As the top crypto by market capitalization, Bitcoin has become the favorite crypto asset to buy for both retail and institutional investors. In part, this is due to its truly staggering investment returns. During the 10-year period from 2011-2021, Bitcoin was the top-performing asset in the world, and it wasn't even close.
Source Fool.com