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The DeFi Chronicle: 5 Discounted Crypto Assets for making serious returns when the bear market ends
Have you ever played the hypothetical question game with someone? You know, you bring up impossible options or scenarios and ask the person which one they would choose. Here are some examples: If you were on a deserted island and had to be there with one person, who would that be? If you could win the lottery or knowingly live to 100 years old which would you choose? If you were 25 years old and had the choice of keeping the same body or mind for the next 50 years, which would you choose?
I like these games because they are fun, challenging, and a unique way to get to know someone. Right now, I’d like to pose a hypothetical question to you: If Bitcoin were to hit $100K by December 2023, do you think it’s smarter to buy Bitcoin or altcoins during this bear market? Take a minute and think about your answer. On one hand, you have an opportunity of a 2.5X return (with Bitcoin) or you could potentially get a much larger or smaller return with altcoins.
If you are like me, your reply would be both. But that’s not how you play the game. You have to commit to one side or the other. Staring at some pretty steep losses in my altcoin portfolio, I would probably lean towards Bitcoin today. Bitcoin is the most stable crypto asset, has the lowest downside risk, and…