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While most of 2024 has remained primarily bullish, the cryptocurrency market is still highly volatile, leaving most investors uncertain about whether to HODL, sell or buy more tokens.
The first Monday of August 2024 started out red. Bitcoin (BTC) and almost all altcoins suffered a huge crash in what’s being called “Bloody Monday.” Some experts are comparing this crash to a similar one that occurred in 2022, but the market corrected and went ahead to pump tremendously.
A crash like this can be scary, but it’s an opportune time for a savvy investor to accumulate more crypto assets at discounted prices, since the market often rebounds and you can make some impressive short-term gains.
Are you wondering if now is the best time to buy? We’ve compiled some of the best cryptos to buy now, tokens that have fallen in price but could be perfect for short-term trading as the market corrects.
Let’s dig in.