Everyone knows how to invest in crypto. It’s simple. You can buy a crypto fund like BITO or GBTC. Or you can buy crypto on sites like PayPal, Square, Cashapp, and Robinhood. Or you can get yourself a wallet and buy assets on crypto exchanges.
When we say “how to invest,” this isn’t what we’re talking about. We’re referring to the particular investment strategies to which each asset lends itself. Let’s look at some of the various investment strategies for a handful of assets.
Uniglo is a DeFi project that’s currently in ICO mode which is by far the best time to get on board an asset that has the potential for mass adoption such as this one. Uniglo’s vision is specifically tailored to long-term investors. Deflationary tokenomics highly favor presale investors.
Uniglo is a DAO. All holders of the GLO token get to vote on investment activities. The idea is for the community to build an ever-expanding treasury of long-term investment assets. These could include crypto, NFTs, and tokenized hard assets like gold. All you have to do to get exposure to this diversified portfolio (which will likely incluse the assets below) is buy and hold the GLO token. This simplicity gives Uniglo a good shot at being the first invstment DAO to see mass adoption.
The private presale — which you can get in on at the Uniglo.io website — runs until early October. Periodic burns will raise the price between now and then providing an incentive to get in as early as possible. Moreover, all unsold tokens will be burned before the token becomes publicly available which could substantially raise the price again. After launch, constant token burns will be implemented to keep the price of the token stable in bad times and rising fast in good time.
As Satoshi Nakamoto said about Bitcoin, it might make sense to buy some GLO “in case it catches on.” Even a small investment in GLO before it launches in October could turn into a fortune over the next 10, 20, 30 years.
Bitcoin is specifically suited for long-term holders. While we’re always hearing how volatile BTC is, it’s actually less volatile than most crypto assets. That means it’s less suited to short-term trading and more suited to stashing money away for the future. While it may bob up and down in the short-term, the long-term outlook is for the chart to continue up and to the right for decades to come. While it’s not very suitable for day trading, for long-termers, BTC should be the largest position in your portfolio.
Ethereum is also a good long-term bet. It’s still far ahead of its competitors and the impending change to proof-of-stake mining will make it more attractive for investors who are concerned about the environment. ETH is bound to be a bit more volatile than BTC, so you might want to make it a lesser portion of your crypto portfolio than BTC. If it performs better than BTC you can make more with less. And if it underperforms BTC you haven’t risked as much.
Tron is even more risky and volatile than ETH. Now we’re getting into shorter-term strategies and maybe even day trading if you’re a pro. On these more volatile assets, it’s always best to buy low and sell high rather than hodling. TRX is a good bet for swing traders who want to play the overbought/oversold positions for shorter-term gains. Technical indicators such as RSI, MACD, and Bollinger bands can be very helpful in deciding when to get in and when to get out.