The crypto market seems to be at an all-time low right now with all cryptocurrencies falling significantly in value. Crypto enthusiasts that made investments before the dip are not happy to see this low as the market has been suffering for quite some time. Nevertheless, this doesn’t mean that you can no longer invest. Despite the bear market, you can still invest and see substantial gains from presale projects!
When a cryptocurrency project begins, it starts by not being officially launched. Instead, the project is in the stage called presale. This allows users to buy tokens of that project for low costs to help the project raise funds and build a community before launch. This is great for investors because they can earn large profits whilst watching the project grow. To help users find good presale projects, launchpads such as BoostX and Polkastarter can be used.
What Is The Bear Market?
When it comes to crypto, a bear market is when the market has seen a decrease in value. If a cryptocurrency is bearish, it is on the decline. This is relevant to the market right now as the market crashed in May, and has continued to decline since. Currently, it is at the lowest point since the crash began.
Although a bear market is not ideal for investors, it provides an opportunity for individuals to steer towards the presales rather than the big coins.
Why Doesn’t The Bear Market Affect Presales?
When thinking about the bear market, you would assume it affects the entire market equally. Whilst presale projects are affected during this time in terms of the numbers of users willing to invest, there are more opportunities to profit from presales in the current time.
The presale phase is a delicate time for a crypto project. Focusing on attracting investors and planning for launch determines the success of the project after launch. Although many users may not want to invest further right now due to the current circumstances, this is the best time to start investing in presale projects as token prices are low.
How To Find Good Presale Projects
If you don’t usually invest in upcoming projects, it can be difficult to find a project that has strong potential to do well once launched. Fortunately, there are launchpads for this. A launchpad’s sole purpose is to promote safe, high-quality presale projects to help them build a community. Many launchpads have a vetting process where each project is handpicked and assessed to ensure it is worth investing in.
Invest With BoostX and Polkastarter
Two of the best launchpads are BoostX and Polkastarter as they both hold a diverse range of new projects for users to invest in. Both of these multi-chain projects can be found on various blockchains such as BNB Chain, Ethereum, Polygon, and more. This is important as users can choose from a diverse range to see which projects suit them.
Furthermore, both launchpads have key features making them stand out. For example, BoostX allows project users to customise their project’s presale, such as including bonuses, dynamic pricing, static pricing, and so on. Whereas, Polkastarter focuses on adecentralised protocol, which targets a different sector of crypto enthusiasts.
Making life much easier for investors, launchpads such as BoostX and Polkastarter promote some of the best upcoming projects, helping you earn despite the bear market.
Learn more about BoostX here:
Website: https://www.boostx.finance
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