Gnox (GNOX), Bitcoin (BTC) and Binance Coin (BNB) Are Your Best Bets to Survive Sudden Market Crashes

On August 19, Bitcoin fell more than 10% in one day, opening at $23,000 and closing below $21,000. This broke the microtrend of higher highs and higher lows. Bitcoin fell out of its wedge, shocking the market, which had become increasingly bullish. Altcoins suffered more than 30% back pain in several cases. The fear and greed index now shows 29 (fear), significantly lower than last week when it showed 45 (neutral).

The central question is how can investors protect themselves against these sudden market crashes? The answer is simple, by changing the investment style and horizon. Crypto investors who have survived multiple market cycles take the opposite approach to newer investors. When the market falls, they are happy instead of panicking because it means they can pick up more crypto at discounted prices.

Another critical factor is investing in projects with lasting value propositions. Investors should look for projects that add real value to the digital asset space. This article features three crypto projects, Gnox (GNOX), Bitcoin (BTC) and Binance Coin (BNB), to protect market participants from sudden market crashes.

Gnox (GNOX)

Gnox is a brand new reflection token that was launched on the Binance Smart Chain and has already attracted interest from crypto analysts due to its mechanics. Gnox provides passive income to its investors through the use of a treasury which is financed via purchase and sales taxes. This treasury serves investors in DeFi, and GNOX holders receive an hourly distribution of BUSD and a monthly dividend of BUSD.

With only the interest payment distributed, the principal of the Treasury remains untouched and continues to grow and increase its earning power. According to analysts, this is the takeaway point as it means Gnox reflections will continue to increase over time, making it an excellent long-term hold.

Bitcoin (BTC)

Bitcoin continues to follow its four-year cycle behavior. Currently trading at $21,000, this is the accumulation phase of life. With the increased interest from institutional investors and nation states, the days of ordinary investors owning a significant stack of Bitcoin will soon disappear.

Bitcoin always crashes again and people kick themselves for not buying more. Investors who can avoid FOMO buying at the tops and instead buy at these prices will be richly rewarded in the next bull market cycle.

Binance Coin (BNB)

Binance is the world’s leading exchange ranked by volume, Binance Smart Chain is the third largest ecosystem in DeFi (decentralized finance), and BNB is the token at the heart of these huge infrastructures. With a market cap of nearly $50 billion, BNB is among the top five crypto projects, and as a token that adds such value to the sphere, it is one of the safest investments investors can make.

Final thoughts

To protect against sudden market crashes, invest in projects that add real value to the sphere. Projects with a solid value proposition will always appreciate, while projects driven by hype suffer the most from market fluctuations. Gnox provides a simple investment tool for DeFi, Bitcoin stores value, and BNB powers the Binance ecosystem. All three are excellent choices to hedge against market downturns.

Find out more here:

Website: https://Gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter:

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.