The current climate within the cryptocurrency industry is one that requires careful planning and strategizing to ensure the security and continuity of businesses. This much has become evident following the continuation of the bear market. In what has become the longest bear market in crypto history, crypto regulars, such as investors and traders, face the risk of losing money to the extreme market volatility present in the industry. To curb this problem, long-term cryptocurrency investing is a suitable solution that should be explored.
Long-term cryptocurrency investing is a strategy that mitigates the risk of running at a loss in the ongoing bear market and promises massive returns in the long run. However, these results are dependable on the nature of the cryptocurrency used for investment. To that effect, this piece suggests three promising cryptocurrencies that could yield massive returns. Here’s why you should diversify your portfolio with Uniswap (UNI), Polkadot (DOT) and Big Eyes Coin (BIG).
Uniswap (UNI) The Popular Trading Protocol
Uniswap is a popular decentralized trading protocol within the cryptocurrency industry. Uniswap (UNI) is notable for facilitating the automated trading of decentralized finance (De-Fi) tokens within the industry and providing feasible solutions to existing problems, particularly liquidity concerns and efficiency. It is an industry-leading platform within the De-Fi space and a prime example of an automated market maker (AMM). Uniswap (UN