Following the pandemic, crypto was hailed as the future of finance. Prices went wild but have since corrected and are now trading back and levels from years prior. On the way up, investors wished they had bought in at earlier prices – and now they have the chance! But it is always tough to listen to advice from investing legends and buy when the market is fearful.
However, the future of finance is here, and it isn’t going away. Banks and other institutions are beginning to adopt Bitcoin, and Ethereum is right behind it. Stablecoins like Tether and USD Coin are two additional ways that crypto holders can get exposure to digital assets while enjoying the safety and stability of cash.
All of these coins are cryptocurrencies that can be purchased using a bank card on PrimeXBT. Here is how you can take advantage of low prices and buy the dip in crypto with PrimeXBT.
Why The Crypto Winter Will Lead To Spring Again
Crypto is crashing, but this has happened time and time again, and assets like Bitcoin and Ethereum go on to produce substantial gains with each recurring market cycle. Bitcoin was claimed dead in 2012, 2015, and again in 2018, yet ultimately set new all-time highs each time.
But Bitcoin is now trading at just above $20,000, Ethereum just above its former all-time high of $1,400. These former resistance levels are being retested as support, and if the level holds, these assets will never trade below them again. It will be a sign to the market that these nascent assets are too valuable at this point and will only appreciate in value further.
Bubble Popped, Or Like Investing In The Internet Early?
Even top tech giants of today at one point went through the dot com bubble. Bitcoin has been through several bubbles but has consistently grown more robust due to the network effect. Cryptocurrency adoption is on pace with the internet in the mid-90s. Three decades later, the internet is a more powerful medium than the newspaper.
Some of the most brilliant investors of early internet technologies liken Bitcoin to investing in a piece of the internet. Legends like Paul Tudor Jones suggest it is like investing in Apple or Google in the early days of the web. Much like the future of the internet was happening back then, the future of finance is here now with cryptocurrencies.
Buy The Dip In Crypto With PrimeXBT
Those interested in crypto can buy Bitcoin with a bank card or other cryptocurrencies like Ethereum, USDT, and USDC with PrimeXBT. Both the website and award-winning mobile app offer the ability to buy crypto in only a few clicks or taps. Purchased cryptocurrencies are deposited to a secure crypto wallet, protected by bank-grade security and a hack-proof cold storage solution.
At PrimeXBT, crypto assets can be used as collateral to trade with long and short positions powered by leverage. Risk management tools and charting software are included to help reduce the chance of loss and improve profitability. More than 100 different trading instruments are offered, with both digital and traditional assets like the S&P 500, gold, oil, and a wide range of altcoins and forex currencies.
Protect Capital And Trade With Stablecoins
For investors still fearful of crypto winter, there is no need to sell cryptocurrencies. New crypto investors can also buy USDT and USDC stablecoins to trade with at PrimeXBT, eliminating the risk of drawdown related to crypto market volatility and its impact on base capital. Trading with stablecoins is like staying in cash because these assets are tied to the value of the dollar.
By utilizing stablecoins at a base capital, not only can traders access the complete range of global markets at PrimeXBT, but they can use the coins to access yield accounts for a variable APY on crypto staking or use them as collateral to copy trade top-ranked traders from the Covesting copy trading module.
It Is Still Early For The Future Of Finance
Only cryptocurrencies and the speed and flexibility they provide enable access to the future of finance, both from a long-term investment perspective and from the immediate utility they provide when combined with PrimeXBT trading tools, products, and services. With crypto prices going back years from where they were just one year ago, it is once again plenty early to buy the dip in crypto and get ahead in the future of finance. Buy crypto with PrimeXBT, and don’t miss this opportunity.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.