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

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?

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.

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.

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.