5 Cryptos You Should Buy To Breeze Past The Bear Market

Last Updated July 19th 2022
5 Min Read

When the bear market is over these 5 cryptos will be a valuable addition to your portfolio. 

The entire crypto market is going through one of the biggest dips in its recent memory. Cryptocurrencies, including the crypto behemoth Bitcoin, have taken a massive beating. 

While it is unarguably nerve-wracking for some investors, the bear market is an opportunity for savvy investors to purchase their favorite high-valued cryptos at a lesser price. With that being said, here are the 5 cryptos you should buy to breeze past the bear market. 

 

Cardano (ADA)

Thanks to its rapidly growing ecosystem, ADA is certainly the top crypto to buy during the bear market. 

Cardano tops the list of the 5 cryptos you should buy to breeze past the bear market. The team has been working non-stop to bring new innovations to the blockchain. The much-anticipated Vasil Hard Fork is in the pipeline offering Cardano a positive outlook for growth in the future. Apart from that, ADA has been highly successful in adding over 2,000 new scripts with the implantation of smart contracts functionality. 

The five core ideas every Cardano update strives to address are smart contacts, decentralization, scaling, governance, and foundation. Therefore, the crypto has a clear roadmap for future development, ensuring that the platform emerges as a major contender in the crypto space.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Bitcoin (BTC)

Bitcoin has always remained an investor’s choice regardless of any bear or bull cases. 

The crypto stalwart plunged below the $20,000 mark for the first time since 2020, but its rapidly growing use as “digital gold” would not stop anytime soon. With a plethora of use cases and rising legitimacy across multi-million institutions and governments, Bitcoin solidified its place as the top crypto to buy to breeze past the bear market. 

Analysts often say that there is a great correlation between bear markets and the rising Bitcoin dominance as the leading crypto by market cap. Back in 2013, its market cap percentage was around 95%, as there were only a few competitors in the market. The dominance plunged with the advent of other altcoins and the bull market of late 2017. However, it again rose as BTC led the new bull run, hitting almost 71% in early 2021. Eventually, it again went down in early 2022. Now, BTC‘s dominance is jumping again, from around 40% in April to almost 46.4%, with another bear market in play. 

This high and low circle ideally explains the significance of buying this coin to breeze past this bear market and generate good returns. Additionally, numerous exchange-traded funds and hundreds of fintech players accept BTC as a payment option, proving the crypto’s dominance in the market. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Ethereum (ETH)

The staggering pace with which Ethereum grows proves its value as the best long-term investment.

Ethereum is the most highly used layer-1 blockchain network in the world and one of the best crypto to buy regardless of market conditions. It hosts thousands of dApps, DeFi apps, and other applications on its platform and exhibits some highly potential real-world utilities. 

This crypto makes for a savvy investment, especially to buy to breeze past the bear market. Buying the dip right now will most likely generate good gains in the coming months as Ethereum is midway through its massive upgrade to a Proof-of-Stake network.  

The platform can only handle 30 transactions per second currently, but once the update is complete, the number could race up to 100,000 transactions per second. The ‘Merge’ would bring better scalability and lower prices. It will also improve the network’s energy efficiency by 95.5%, positioning Ethereum for long-term success. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Ripple (XRP)

XRP is the future of cross-border payments, making Ripple a good buy for potential gains. 

International wire transfers aren’t going anywhere, making XRP one of the top 5 cryptos to buy to breeze past the bear market. The purported goal of Ripple is to make international money transfer seamless, reducing the massive fees associated with it. 

Although Ripple is still in the middle of a heated lawsuit with the SEC, these legal troubles do not seem to affect XRP’s growth as it maintained its continuous rally, especially in the non-U.S. global market. Moreover, experts believe that the outcome of the lawsuit would favor Ripple, which would help boost its value even in the United States. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Binance Coin (BNB)

BNB is by far the fast-growing cryptocurrency to buy now to breeze past this bear market. 

The native token of the Binance ecosystem, BNB, has grown tremendously in price over the past few months. The crypto powers the Binance crypto exchange, which is the largest in the world by daily trading volume, and itself is the fifth largest coin in the world by market cap. 

The growth of Binance makes BNB a lucrative investment for the future. Binance has tremendously expanded its range of services and offerings to numerous areas in the market. Other than its involvements in the metaverse, the exchange has also recently overtaken Coinbase to hold the largest Bitcoin reserves in the world. The bear market seems not to have affected its indomitable growth as it continues hiring more talent to build up the team. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Bottomline 

The crypto market has evolved tremendously and offered more real-world utility than ever. Crypto tokens are not merely moved by hype anymore, as they have clear-cut use cases that drive their long-term growth. Therefore, diversify your portfolio by investing in these top 5 cryptos and breeze past the bear market effortlessly.  

Read More:

Where To Buy Cardano (ADA)

Where To Buy Bitcoin (BTC)

The 5 Best Ways To Buy Ethereum (ETH)

How To Buy Ripple (XRP)

The 5 Best Ways To Buy Binance Coin (BNB)

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