Crypto Market Crash : Is Crypto Crash a Money Making Opportunity?

Crypto Market has crashed recently from November 2021 which cost investors lose of more than US$1 Trillion. List of cryptocurrencies to buy on dip during the Crypto Crash.

by Amit.Saha Updated: 04 May, 2022, 15:32 IST
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This time the Crypto market crash has washed out more than a trillion dollars of wealth. From last month two months every investor and traders on both field like Cryptocurrency & Stock market facing a massive lose but these things happen time to time and who are already faced such things on crypto market and stock market in 2020 knows the entry, exit strategies or how the buy the dip?

https://cdn0.desidime.com/attachments/photos/737269/medium/Crypto_Market_Crash_1200x675.jpg?1643130913

The base of Cryptocurrency Bitcoin (BTC) which was US$68,700 in November has sunk more than 50% on last week at US$34,000. Bitcoin is trading at approx. US$ 36,500. Apart from Bitcoin, other top and popular crypto currencies like Ethereum, Binance Coin, Cardano, Solana all are now becoming very cheap incompare to their average and high prices. Except top cryptos meme coins like Dogecoin, Shiba Inu sild too and small or newbie traders faced a big loss.

So, now you can take the Crypto crash in two ways like - either this is an exit point for you or can take advantage of low market prices and buy on every dip possible. As per research and history of Crypto chart this is the best opportunity to invest in the Crypto market now and can expect a big gain in future. Though Crypto law is a big concern in India and worldwide as few days ago Russia also imposed full ban on crypto, besides Russia other countries are also looking for crypto ban or regularization. The whole Indian Crypto community is now closely looking towards Union Budget 2022 where if the Indian Government does not ban crypto then for sure will impose a tax on them. The Indian government is now likely to introduce crypto bill in Union Budget session within January 31 to Apr 8, 2022.

So here I have listed a few Cryptocurrencies which you can buy on dips using popular Indian cryptocurrency exchanges like WazirX, CoinDCX, Coinswitch etc.

Why do Cryptocurrency Market Crash ?

Recently crypto market has been crashed which cost more than US$1 Trillion wealth but there are several reasons behind the Crypto Crash -

1. Many countries like Russia, India, UK are taking ban on crypto or trying to regulate the crypto market. Crypto Crash of Jan 2022 has happened due to the proposal by the Russian Central Bank to ban cryptocurrency.

2. Big whales are mostly dominating the market and when they started selling on high for profit, small investors get panic and again big whales start buying on dips. So, small traders are mostly trapped on market sentiment which make them lose most of the wealth.

3. Crypto mining and electric outrage is another reason that many govt don't want cryptocurrency. China is facing this issue from last 2 years.

4. Very volatile price is one of the biggest reason behind acceptancy of crypto adaption.

5. Use of private cryptocurrencies for terrorism and other illegal activities also a big reason that many countries wants complete ban over it.

So, crypto market crash can happen for any of these activities, global economy, geo politics, negative news etc.

List of Cryptocurrencies you can buy on dips in January 2022

1. Bitcoin (BTC) which now costs US$36,622 and future probability to reach US$1,00,000.

2. Ethereum (ETH) is now trending at US$2440 and can be bigger than BTC as it has maximum real use cases.

3. Polygon Network (MATIC) currently costs US$1.48 which touched US$2.92. Many projects now shifting to Polygon for it’s lowest transaction cost and speed.

4. WazirX Token (WRX) is very popular nowadays and you should buy this today at US$0.78.

5. Cardano (ADA) now available at US$1.04 only with great future prospects.

6. Binance Coin (BNB) is the next big coin after BTC and ETH which now cost only US$371 which can be a life changing opportunity.

7. Polkadot (DOT) is the big Web 3.0 project which is now available at US$18 only and really a good opportunity to bag for future gain.

8. Enjin (ENJ) is a trendy metaverse project currently available at US$1.49 only.

9. Ethereum Classic (ETC) available at US$23 only which can give you up to 10x gain.

10. Decentraland (MANA) is also a big NFT, metaverse project now available at US$2 only.

11. Sandbox (SAND) is a popular Play2Earn gaming and NFT project, you can buy at US$3. now.

12. Bloktopia (BLOK) is an ongoing NFT, Metaverse Real-estate project with good future prospects which can be a life changing experience. Now it is a good time to enter at US$0.0275 only.

13. Terra (LUNA) has recently touched US$100 and currency trending on US$64.

14. Kucoin (KCS) is a good exchange based crypto coin which is currently available at US$16 only and can reach up to US$100 in future.

15. Ripple (XRP) is currently useful for speedy transactions and also a good investment for future prospects. Now available at US$0.6 only. 

Apart from all these we all should aware while investing money as it's all comes with a risk factors and you should do proper research before investing and amount should be as much as you have the ability to suffer a lose. Let us know on the comment what is your thought on crypto in these bad days of market.


33 Comments  |  
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Deal Subedar Deal Subedar

what is the safe and easiest way to invest in ethereum with quick liquidity?

Chennai Super Kings Chennai Super Kings

Good post. Along with these renowned coins, one should also look for a new coin BABYDOGE.
I feel it has a good future.

Deal Cadet Deal Cadet

Do invest in NFT, there are lot of ways to make wealth on NFT

Deal Newbie Deal Newbie
dealstaar wrote:

Do invest in NFT, there are lot of ways to make wealth on NFT

NFT is 10th one in above list
Is that you are suggesting ?

Deal Cadet Deal Cadet

loss for me too

Deal Cadet Deal Cadet
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santhoshanandn wrote:

NFT is 10th one in above list
Is that you are suggesting ?

Yes . There are lot of NFT you can get into IDO and pre-sales whitelist

Deal Subedar Deal Subedar
justforcoupon wrote:

Good post. Along with these renowned coins, one should also look for a new coin BABYDOGE.
I feel it has a good future.

and what zombiinnu ,kisshuinu , dogemoon 

its just shitcoins like safe moon ,safemars

dont invest blindly or don’t suggest someone these shitcoins.

DYOR before investment



Deal Cadet Deal Cadet

Unless government makes rule for regulation of crypto coins, I prefer to stay away. There have been rumours multiple times that government may ban crypto trading. Last time government deferred introducing law as Indians have more than 6L crore invested in crypto as per official figures. Unofficial might be more. Unlike Indian market US market does not have lower or upper circuit so the fall is more. Whoever wants to invest should remember that there is no easy money. With no fundamentals to track crypto are just speculation. With China and India coming with their own crypto currency, i might think to entering into this but till then, i am happy being a fence sitter. I am heavily invested in stock market and happy with competitively little gains.

Cool Cool

@sentyjolly yes true but still i can see a small opportunity on crypto in between Feb to mid April in India as after union budget in May cryptocurrency ban or a new tax on crypto and stock market both can be imposed.

And we know the sentiments of the Indian Government who mostly love to charge taxes 😜


So, I don’t think any ban going to be happen or even cryptocurrency ban possible?😅

Do, you really think big crypto companies in India is going to support so as govt earns a big amount from exchanges like WazirX, Coinswitch, Zebpay.

If you want to invest then go for the amount you can lose easily that’s the solution wherever it’s stock market or Crypto all are manipulation. 

@muralece

Cool Cool
amit3131 wrote:

what is the safe and easiest way to invest in ethereum with quick liquidity?

For quick liquidity go for any P2P platform. Even you can use WazirX, binance, Kucoin etc.

Cool Cool
Expand
tushmacd31 wrote:

and what zombiinnu ,kisshuinu , dogemoon 

its just shitcoins like safe moon ,safemars

dont invest blindly or don’t suggest someone these shitcoins.

DYOR before investment



exactly the listen cryptocurrencies are worthy but buying meme coins is just a horrible experience

Chennai Super Kings Chennai Super Kings
Expand
tushmacd31 wrote:

and what zombiinnu ,kisshuinu , dogemoon 

its just shitcoins like safe moon ,safemars

dont invest blindly or don’t suggest someone these shitcoins.

DYOR before investment



I invested 10000 in BABYDOGE 2months ago. And its 20000 now. All coins are fine if u can judge approximately when to enter and when to exit.

Deal Cadet Deal Cadet

If govt ban crypto in India .what will happen to crypto investors.whether govt will hold it or they may introduce some tax for cryto holders.
When crypto bill is going to submit in parliament or during budget 2022.

Deal Subedar Deal Subedar
Expand
justforcoupon wrote:

I invested 10000 in BABYDOGE 2months ago. And its 20000 now. All coins are fine if u can judge approximately when to enter and when to exit.

Agree to you partially  brother .

It wad just your luck that you entered at right time .

Shitcoins don’t have any logic or  judgement .

If u want to go in shitcoins , and have let say 150 dollars .

invest 15 dollars in each for 10 coins .

Once it’s 2or 3x withdraw capital and let rest go for toss .

If u think your coin is like shibainu or anything like safemoon. You are moving in wrong direction .

Afterall it’s your money , your discretion .

But as on public forum ,don’t suggest such coins which can lead to wrong investment .

Dyor is mandatory.

Deal Subedar Deal Subedar
muralece wrote:

If govt ban crypto in India .what will happen to crypto investors.whether govt will hold it or they may introduce some tax for cryto holders.
When crypto bill is going to submit in parliament or during budget 2022.

No ban it regulate only

Entertainer Entertainer

18k = 7k in 3 month it’s my lyf cry

Deal Newbie Deal Newbie
Ots14 wrote:

18k = 7k in 3 month it’s my lyf cry

Just HODL

Deal Newbie Deal Newbie

As of now…One can do SIP in good coins like bitcoin n etherium… So if coins falls further say 70% more they can average…also one can invest 10% of their investment as per risk appetite not more if they cant take huge rusk… i bought 30k in coins btc ethrium shiba cardano…

Deal Cadet Deal Cadet
ritesh.gupta5555139 wrote:

5 lakh to 4 lakh in one month pensive

wait bro, apna time phir se wapas aayega, invest some more to reduce your losses, or wait till may June, definately prices will again touch to sky… as per my assumption I’m saying, have seen almost coins have much peak is this 2 month….

Deal Cadet Deal Cadet
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M_Akther_A wrote:

wait bro, apna time phir se wapas aayega, invest some more to reduce your losses, or wait till may June, definately prices will again touch to sky… as per my assumption I’m saying, have seen almost coins have much peak is this 2 month….

Yes bro..taking out now is of no use..I took Terra Luna, bitcoin,xrp and poly

Deal Subedar Deal Subedar

What is the current Bitcoin value profit or loss for you friends

Cool Cool

at 60% loss since November (74k investment)….bt will hold till the value becomes zero or hv some great profit… that’s the plan neutral_face

Deal Newbie Deal Newbie

Which crypto app gives highest signup bonus ?

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