Market

Investment strategies for 2022 and the best cryptocurrencies to trade

Trading cryptocurrencies is still one of the most profitable ways to make money in the market. According to ZipRecruiter salary medium Annual sales for a professional are approximately $ 94,000. Income for beginners ranges from a few hundred to several thousand dollars per month. It depends directly on the strategies and assets selected for trading.

Should choose a good strategy

Experts emphasize that users need to focus on a solid trading strategy. The most common is spot trading on the day exchange.

Day trading is the strategy most often chosen by professionals. They also advise users to prioritize investments in tokens from high-tech projects.

Yuri Gusev, founder and COO Zam.io says:

“One of the most promising assets is the SOL token. This is generally the trend for the near future. Trading this token can generate good returns but should not be included in a portfolio as it is overbought. Other cryptocurrencies that are ideal for trading are AVAX, NEAR. These are powerful projects that are becoming increasingly popular. “

Vyacheslav Tsurka, CEO of Tiger.Trade, believes that Bitcoin remains the most attractive asset for traders.

“Among other cryptocurrencies in the top 10, I notice Binance Coin, Solana, Cardano, XRP, Polkadot and AVAX. All of these coins are quite liquid and will continue to be actively traded in the first half of 2022. “

Leonid Litvinenko, CEO and co-founder of Lot.Trade, takes a similar view. This expert believes that it is necessary to choose coins with sufficient liquidity in order to become a professional trader.

“People should choose coins with high liquidity like BTC and ETH. In most cases, no matter how volatile the market is, users just, don’t lose all of their assets. When it comes to coin trading, one general rule applies to everyone: only trade assets that the trader understands well and whose manipulation has very little effect on the price. BTC and ETH remain the most liquid and comfortable assets to trade in 2022. “

Invest in DeFi projects

In addition, experts advise users to seriously consider DeFi tokens. Fei Wu, Exchange AscendEx’s director of development, said:

“Now is the time for DeFi to explode and DeFi-focused infrastructure blockchain projects to grow. Projects that are getting attention include Avalanche, Cardano, Polkadot, Matic. “

The founder and CEO of DAO.vc, Georgy Galoyan, agrees with this opinion. According to Galoyan, now is the time to pursue promising DeFi projects with a mature product as well as a large community.

“DOT, MATİC, AVAX and SOL are among the best coins for trading. These are companies that are overseen by the crypto community. They have proven that their products are widely available in the market. “

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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.