How to make money in a crypto bear market? Collateral Network (COLT) tokens may be the answer
2022 can only be described as the worst year ever for the cryptocurrency market. With the demise of major players such as Voyager, Three Arrows Capital and FTX, the world’s third largest crypto exchange, investor confidence in the cryptocurrency sector was severely shaken throughout the year.
But while bear markets are characterized by significant volatility and price declines that often result in investor losses, there are ways you can use a downturn to make money.
For example, you can invest in upcoming and promising projects like Collateral Network (COLT), which is expected to grow by 35x in the next 6 months and tokens are priced at $0.01 as it is in its first phase of pre-sale.
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What is a Crypto Bear Market?
Simply put, a bear market in cryptocurrencies refers to an extended period of low values. Investor confidence is low and there is an excess of supply, so “bears” (those unwilling to trade) are common.
It is difficult to predict when a bear market will end, as it can be affected by a wide variety of factors, many of which interact with each other.
Remember that a bear market is not the same as normal corrections. These later trends rarely continue for more than a few months.
During a crypto market correction, value investors usually have the opportunity to identify a favorable entry point, unlike a crypto bear market, where such opportunities are rare.
It can be difficult for investors to recover losses during a market downturn unless they use measures such as margin trading to increase their holdings and cash out at a higher price. At the moment, however, investing in Collateral Network (COLT) may be the answer to making money in the bear market.
Why invest in Collateral Network (COLT) in a bear market?
If you’re looking for a crowdlending platform tailored for NFTs, look no further than the Collateral Network (COLT) which is built on the Ethereum (ETH) blockchain.
Collateral Network (COLT) is the first of its kind in the world of challenger lending, making it easy for borrowers everywhere to get a loan based on the value of their digitally recorded assets.
Through the marketplace, individual users can take on the role of a bank and give borrowers access to partial loans at a predetermined interest rate.
Collateral Network (COLT) borrowers can use their actual assets as collateral and receive their money in just 24 hours, all without having to go through the time-consuming and bureaucratic processes often required by conventional lending institutions.
The project’s USP is that it is the first to issue NFTs backed by real-world assets, and then fractionalize these NFTs and make them available to lenders at a low cost.
Using the services of the Collateral Network (COLT) can be beneficial for both lenders and borrowers. Fast loan processing means that money can be distributed to borrowers quickly, often within a day. They also benefit from being able to borrow money discreetly.
By using the Collateral Network (COLT), you can get a loan against your assets without leaving a trace on your credit report. It’s a simple and affordable procedure all the way. Lenders also benefit from having a regular income paid to them each week.
As a result of these and other advantages, the Collateral Network (COLT) ICO provides a more lucrative opportunity to make money in the current crypto bear market.
Learn more about the Collateral Network presale
Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
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