Invest or not to invest, that is the (crypto) question… But this question pops up more at certain times that might seem strategic… or not. But with the bear market dragging on, it’s worth reconsidering.
Is investing in summer 2024 as risky as planning a vacation in Brittany with the unpredictable weather (sorry, early spring weather)? While we can’t control the weather, we also can’t control the ups and downs of the crypto market. There’s never a ‘perfect time‘ to invest in cryptocurrencies due to their volatility.
That said, there are still factors that suggest some potential for a worthwhile investment at any given time.
The Bear Market Goes On: It’s Time to Invest in Crypto!
Don’t believe it? Well, you should. The market has been down for several months, and after the hype in March, prices have dropped. They’re generally lower than their peaks, presenting a great opportunity to buy cryptocurrencies at lower prices, hoping for future appreciation. With opportunities becoming less scarce, your research skills will come in handy!
The Bear Market Goes On: Think Crypto Investment Strategy!
Summer means relaxation for some, but for others, it’s the perfect time to think strategy and invest wisely. It’s a great time to:
- Understand the Risks: Know the risks of each investment, what causes significant price fluctuations, and whether you might lose out.
- Do Your Own Research: Dig deep into genuinely interesting projects and their underlying technologies. Use your foresight to invest in sustainable crypto with these seven pillars.
- Diversify Your Portfolio: Avoid putting all your eggs in one basket. Diversify your tokens.
- Plan Your Investments: Plan for the next six months and invest only what you can afford to lose, based on thorough research and predictions.
- Think Long-Term: Consider sustainable investments. Staking is good for your crypto wallet’s health. Dollar-Cost Averaging (DCA) can be a smart strategy as it spreads out your purchases and reduces the impact of short-term volatility.
The Bear Market Goes On: Crypto Adoption is Growing!
Even though the market is down, the growing adoption and interest in cryptocurrencies suggest it’s not time to give up. The number of crypto holders is estimated to reach 300 million in 2024.
Traditional financial institutions (banks, companies, investment funds) are legitimizing its adoption. Current political instability also drives crypto purchases as a safer value reserve or transfer method. This could potentially increase demand in the long term, leading to higher prices. And then, BAM. Or rather, BULL. The market picks up!
The Bear Market Continues: Technological Innovation in Crypto Does Too!
While the market trends and curves sleep, technological development continues. Innovations in blockchain and cryptocurrencies bring new technologies and promising applications. The value of some cryptos, like $GALEON, keeps evolving.
As the bear hibernates, the bull is ready to charge in its stable. Patience, soon its horns will spark again in the arena…
Summer 2024: The Best Time to Invest in $GALEON
Still unsure about which project to invest in? Understandable. But know that some, like Galeon, make more sense and have a bigger impact. Galeon is in the health sector, which is universally important. It’s recognized by the Haute Autorité de Santé and certified with ISO 27001 and HDS. It has won three Innovation Awards at the CES in Las Vegas.
Galeon has a community of over 40,000 investors, including doctors, caregivers, hospital staff, and others, deeply involved in the future of healthcare and the decentralization of science. As $GALEON token holders, they are pioneers of the new healthcare system proposed by this DeSci project.
Investing in $GALEON means participating in improving healthcare for everyone, including yourself. Why?
- You boost the project’s visibility and legitimacy, attracting more healthcare centres to join.
- You help Galeon enhance its software features, benefiting all hospital specialities and helping caregivers work better every day.
- You vote to support non-profit research funded by Galeon’s DAO.
- You fund medical research and help advance predictive medicine.
- Investing in $GALEON is beneficial for you, caregivers, hospitals, and ultimately for better healthcare access globally.
Investing in $GALEON is beneficial for you, for healthcare workers, for hospitals, and most importantly, for improving overall access to healthcare.
Voilà! Now you know what to do, whether you’re stuck at your desk during a lunch break with a pesky colleague or lounging by the pool.
Take the time to strategize your investment according to your risk profile, and don’t lose hope. This could very well be THE moment to say YES to crypto.
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