- advice on how to determine which route is best suited to your investment needs.
- Presale tokens are a more calculated approach to cryptocurrency investing.
If you are a cryptocurrency investor, you will agree that the volatile markets for most coins can be a bit overwhelming. This is why it is important to make wise investments in tokens that you know can either generate a high return or remain stable in the long term.
When it comes to investing in cryptocurrency, there are two main strategies: buying the dip or buying tokens in presale. This article explores each approach, providing advice on how to determine which path is best for your investment needs.
Should you buy presale tokens?
Buying presale tokens is a more calculated approach to cryptocurrency investing. This involves buying coins before they are available on exchanges and often at discounted prices. This can provide investors with long-term returns if the coin performs well. An example of this is Golted.
Golted is an Ethereum-based token that was offered to investors during its pre-sale at a discounted price. Golteum has since performed well and is now trading at higher prices than during the presale. To be precise, during the private sale, each token was valued at just 7 cents – since then it has skyrocketed 85% to 13 cents! This makes it an incredibly successful and lucrative option with huge growth potential. Therefore, if you had purchased tokens during the initial presale, you would likely have made a profit.
As the first of its kind, Golteum’s principal NFT Platform is backed by physical gold. Because gold has always been considered a safe-haven investment asset, it provides investors with a sense of security as the scarce commodity maintains its price even during bear markets. Therefore, investing in the platform’s utility token could potentially be a good long-term strategy. We expect the prices to increase with each round of the presale and reach up to 350%. Also, it is important to mention that there is a 20% token bonus in the current presale cycle!
Golteum’s mission is to revolutionize the gold industry by giving Web3 users access to one of the world’s most trusted reserve currencies. Moreover, to support their mission of launching a leading trading platform, they chose to integrate the Fireblocks Web3 engine. This includes custodial services, cash management, risk mitigation tools and their highly anticipated tokenization mechanism for processing all gold NFTs. To build an even stronger relationship of trust with their users, six team members were doxxed by Certik, and the GLTM smart contract was also audited by the largest crypto security firm. As a result, they were awarded the much sought after Silver Badge.
Should you buy the dip?
An alternative to buying tokens in presale is to buy the dip, which is a popular strategy in cryptocurrency. This involves buying coins after they have experienced a sharp drop in price. The idea is that you can get more coins for less and when the market recovers you will have made a profit. The main disadvantage of this strategy is that it is highly speculative and there is no guarantee that the price will recover. Moreover, the risk of losses increases as the market moves away from its peak. The Bitcoin and Ethereum bear markets throughout 2018 were good examples of this.
Bitcoin is usually the first option for investors looking to buy the dip. Although its price has been very volatile over the years, Bitcoin has seen tremendous growth over the long term and currently remains one of the most valuable cryptocurrencies. Therefore, buying Bitcoin at a low cost could potentially be a good investment decision.
However, during the bear markets of 2017 to 2018 and 2022, Bitcoin lost over 80% of its value. Investors who bought the coin at this point were unlikely to make a profit, as the market had yet to recover.
Ethereum is another popular option for investors looking to buy the dip. Its price has also been very volatile in recent years and its June 2017 bear market saw a loss of more than 90% from $319 to 10 cents, which will most likely repeat this cycle. Although Ethereum has shown signs of recovery and is now trading at significantly higher prices, some investors are still wary of its potential risks.
If you are looking to buy the dip with Ethereum, it is important to carefully consider market conditions and assess the risk involved before making any decisions. It can also be beneficial to diversify your portfolio by investing in other coins and tokens as well.
Dip or presale? The last word
When it comes to investing in cryptocurrency, the decision between buying the dip or buying presale tokens should be based on your personal goals and risk tolerance. Buying the dip can offer investors quick returns, but carries a high degree of risk. Buying presale tokens offers investors long-term gains, but requires more research and analysis.
In conclusion, buying the dip and buying tokens on the presale could be great strategies for investors to capitalize on the crypto market. In particular, young upcoming projects like Golted may have much more potential compared to more mature projects like Bitcoin and Ethereum, but it is important to understand the risks and rewards associated with each strategy before making decisions. Finally, we can add that it is crucial to see if a project keeps security, transparency and trust in high regard as Golteum does.
Learn more about the Golteum presale
White paper: https://golteum.io/GolteumWhitepaper.pdf