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Diversify Your Portfolio in Ongoing Bear Market with These Three Cryptos - Uniswap, Polkadot and Big Eyes Coin

Diversify Your Portfolio in Ongoing Bear Market with These Three Cryptos - Uniswap, Polkadot and Big Eyes Coin

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 (UNI) seeks to be an ideal environment that is accessible and completely open to anyone who holds tokens. 

Its native cryptocurrency, UNI, is an integral part of its ecosystem. UNI incentivizes the network and provides access to exclusive benefits, such as trading fee discounts and participation in network governance. It is a top twenty cryptocurrency by market cap with stock on prominent platforms within the industry.

Polkadot (DOT) The Open-Source Protocol 

Polkadot is an open-source, shared multichain protocol within the cryptocurrency industry that is notable for connecting and securing a network of specialized blockchains. Polkadot (DOT) also facilitates the cross-chain transfer of any data or asset types, not just tokens. Its operations allow it to solve a major problem within the cryptocurrency industry. Polkadot (DOT) allows blockchain networks to achieve interoperability and is one of the few platforms in the industry with the capacity to rival Ethereum (ETH). 

Its native cryptocurrency, DOT, is an integral part of its ecosystem. DOT facilitates several crypto operations within the Polkadot ecosystem, such as staking for operations and security, facilitating network governance, and bonding tokens to connect parachains. It is a top twenty cryptocurrency by market cap with stocks on prominent crypto platforms.

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