PremiumLive markets usually have a solid reputation when it comes to investing, as they have already established themselves in the crypto market. However, presales could be just as efficient, primarily due to their low prices and minuscule risk factors
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Cryptocurrency for newbies is a daunting market to get involved in. It is a constantly evolving and fluctuating market that keeps people frightened yet interested. Ever since its inception in 2009, many have discussed the long-term effects that cryptocurrency can have on the world. With the crypto market in a current state of uncertainty, it is interesting to evaluate what is the more viable method of investment out of the living market and presale coins.
Live markets usually have a solid reputation when it comes to investing, as they have already established themselves in the crypto market. However, presales could be just as efficient, primarily due to their low prices and minuscule risk factors. So which is the better option?
Live market coins are tokens which are already established in the cryptocurrency market and prices are determined based on the number of investors during that period. Well-known live crypto tokens would include Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Filecoin (FIL). The latter (FIL) is a decentralised storage network designed to store vital information. A live market coin like Filecoin’s goal is to essentially build the privacy and security of web 3.0 by storing data in a decentralised manner. Thus, live market coins usually have a clearer vision of their coin, breaking down what it does differently and how viable of an investment it can be.
Additionally, users can evaluate the market capitalisation of live market coins, along with their price volume and circulation supply. Take an eminent coin like Ethereum (ETH) for example - users can see all its relevant details on websites such as CoinMarketCap and CoinTelegraph, which both break down its current market capitalisation, its volume and fully diluted market cap - while giving a detailed description of the currency. Therefore, investors can see the direction of where the coin is going through reliable sources.
Presale coins refer to the process before the initial coin offering and are when blockchain networks have not officially launched into the crypto market. Essentially, these are for upcoming blockchains that provide developers with the opportunity to gain necessary funds so that their projects can come to fruition. Many crypto experts have praised presales for building up the momentum and reputation of the new blockchain network. Take an upcoming meme coin like RoboApe (RBA) for example. Their presale phase began on 17 May 2022, being priced inexpensively at $0.0006173 for one RBA token - giving people the chance to obtain the coin at a discounted rate.
Additionally, RoboApe is a token that aims to address economic shackles whilst providing an opportunity to grow through having a rewarding culture and community development. It also plans to commence a RoboApe Academy - a platform designed to educate people on cryptocurrency. Presale tokens also have low risks when it comes to investing, as they are not officially in the crypto market where all live market coins fluctuate. The most successful presale crypto in recent years is Ethereum (ETH), which was originally priced at approximately 30 cents in 2014 and now has a market capitalisation of $137,083,787,654 - being the second most successful cryptocurrency behind Bitcoin (BTC).
It is true what many critics say about crypto, it is an unpredictable market. But, have you ever wondered how the stock market is doing today? The answer is not so good. According to Sky News, the stock market has shown signs of being the worst year for investors in the past decade due to Wall Street plummeting into a bear market. So just like crypto, a traditional method of investment in the stock market is also volatile and unpredictable.
The key to a good investment is to be strategic and wary. Live coin markets offer people good service quality and reliable data analysis, constituting potential huge profit returns. Moreover, presale investments have low-risk factors, are cost-efficient and have the capability to eventually be worth a fortune. Both are viable investment options, but the decision is down to you. Do further research on both and see where to best place your finances.
Website: https://roboape.io/en
Presale Registration: https://ape.roboape.io/register
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The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
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