If there is anything to learn from the last few months, timing is paramount to achieving success. Several investors joined the crypto market at the height of its flex, paying exuberantly for tokens in the hope that prices would keep rising, only for them to plummet. Others sold their stake during the crypto winter, believing that the market was going to the dogs, but now there are signs that the market is picking back up.
In the investment world, Chaos breeds opportunity. The bear market has had several hair-pulling and nail-biting moments, but strategic investors are on course to make tenfold their investment when the market finally picks up. Litecoin and BudBlockz are among the number that have weathered the storm. Here’s what the two tokens mean for investors in the bear market aftermath.
The last few weeks have shown that BudBlockz has great potential. Its mind-boggling 235% presale surge indicates that many investors are tipping the cryptocurrency to shoot for the moon. The decentralized platform is at the crossroads of a burgeoning cannabis sector and the crypto market.
Many countries are joining in legalizing marijuana for its medicinal and recreational perks. The canabis market in 2022 was valued at $16.7 billion and is expected to hit $100 billion in the next decade.
Despite the sector’s rapid growth, many societies are yet to welcome it. Those who want to associate themselves with the industry need a safe space to acquire the best products without lurking eyes. The project will provide a platform for its users to access cannabis products in legal zones without receiving derision. Through its native token, BLUNT, users can buy products from dispensaries and farms.
Another industry game changer is its NFT offering. BudBlockz launched its Ganja Guruz NFT collection for its users. The series of digital artworks based on popular video games of the 90s is built on the ERC-721 protocol on the Ethereum network. Users who buy an NFT from the collection can have fractional ownership of the company’s cannabis dispensaries.
While investing, you should consider the total market cap. The larger a cryptocurrency grows, the harder it is to make significant gains. As the market scales, more capital is required, basically following the principle of truncating returns. Despite spending a considerable time, ten years, in the market, Litecoin still has plenty of wiggle room to grow.
The peer-to-peer decentralized cryptocurrency was developed to offer faster and lower-cost payments and strives to be the future of global payments. The native token, LTC, powers the blockchain. The crypto uses the proof-of-work consensus and was launched as the “lite version of Bitcoin” to correct the shortcomings of the industry pioneer.
At the height of the crypto market in November, the crypto was praised as the top-performing crypto, which was probably down to the much-anticipated LTC halving event, which is scheduled for 2023. The event will see a 50% reduction in newly-minted tokens on the network.
As investors look to put the bear market behind them, strategy and timing remain core fundamentals to making it in this space. BudBlockz is one of the most undervalued cryptocurrencies, and getting in now might be the breakthrough you need.
Purchase or learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration: https://app.budblockz.io/sign-up
BudBlockz Community Links: https://linktr.ee/budblockz