The cryptocurrency market has shown a significant drop in the string of 2022. That time, following Bitcoin, all other crypto assets’ value dropped, and since the market has been relatively stable. Then in November 2022, it faced another large collapse when the popular and large FTX platform turned out to be bankrupt. On that day, the market once again fell. For example, Bitcoin dropped to $15.700.
Such huge fluctuations are typical for the crypto market. And many people wait for such deep drops to buy cryptocurrency at the lowest price with the vision to sell it in the long term perspective and receive income from the price difference.
Buy and selling cryptocurrency is the essence of crypto investment. Traders follow different strategies that allow for generating income even within one day or holding crypto long-term. Adhering to the strategy is crucial in crypto investment.
Another important thing is picking an asset to trade. Let’s see what is the top crypto to consider buying in 2022.
The Best Coins to Buy Today
As the top traded crypto assets are not at their bottom, it is a great chance to enter the market and hold coins until the market trend changes. We all know what heights Bitcoin can reach on the bull rally. So it is definitely worth buying this asset now as the price is so low. On the other hand, many coins have no less technological applications and prospects and are much cheaper than BTC. Consider buying Ethereum, which has recently switched to the Proof-of-Stake protocol and has all the chances to boost in the future for its application will definitely expand. Also, consider buying Solana, Cardano, Polkadot, Tron, and Ripple. These projects have a fruitful future.
Read more about how to trade cryptocurrency and what assets are worth buying on the WhiteBIT platform.