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When the value of the crypto in which you have invested your funds starts to rise, it is actually the situation that you are happy about and that you were hoping for. Well, that was your plan, wasn't it? Invest a part of your money in one of the currently most attractive cryptocurrencies, sit back and just watch your funds multiply. That might be a great plan if the crypto market didn't have its own fluctuations and changes. However, the crypto market still carries with it some risk, so if you do not behave in accordance with it, you can realize losses, regardless of the fact that you informed yourself before a certain time and decided on, at that moment, the cryptocurrency that was showing the highest chances for "success".
The fact that something was marked as the best crypto to buy at some point does not mean that it will remain so in the future. Because in the crypto world, a dip can happen, that is, for a certain cryptocurrency, regardless of how strong it was in the past, to experience a drop in its value. So, yes, a crypto dip can happen and it can disrupt all your plans. Suddenly, your currencies are not multiplying, but you notice that you are slowly losing your funds. What to do at that moment? Should you sell everything you have left and be done with cryptocurrencies once and for all? Or to get a little better informed about the steps that should be taken in those moments? If you want to minimize your losses, and still do something to continue earning from cryptocurrencies, we recommend this second option. So, by the end of the text, we will share with you 5 useful crypto insider tips that will help you "painlessly" pass during the dip.
The answer is Battle Infinity, the new Axie Infinity has been selling like crazy on its presale in the last couple of days.
When a crypto dip is mentioned, everyone usually thinks that is a bad thing because the value of cryptocurrencies is falling. That's true, but we can look at things from another perspective: a crypto dip is an ideal time to buy certain cryptocurrencies at significantly lower prices! So now is the time to purchase! What is currently proving to be an extremely wise investment is certainly investing in the recently launched Battle Infinity.
Battle Infinity is a gaming platform, where you can find various Play-to-earn battle games, and all those games are integrated with the IBAT Battle Arena. But, Battle Infinity is not just about the games. In Battle Infinity, you also have the chance to experience the immersive world of the Metaverse where you can interact with the other players, and observe and participate in all the activities in the Battle Arena virtual space.
We can say that Battle Infinity is indeed revolutionizing the world of gaming that we are used to. With Battle Infinity, your gaming activities are closely connected with the metaverse and blockchain, allowing you to achieve gains while enjoying your free time.
It is important to mention that the Battle Infinity ecosystem is completely transparent and tamper-proof, which means that it gives you a certain level of security.
A huge number of new crypto projects appear day by day, however, people have problems assessing with certainty whether a specific new project is something to invest in. One of the freshest promising things that appeared on the crypto market recently is certainly this revolutionary crypto-gaming platform. Why is Battle Infinity perceived as revolutionary? Well, because it combines NFTs, Play-to-earn elements, and the metaverse.
The Battle Infinity ecosystem consists of five units:
All these 5 features can be found in the 'Battle Arena', Battle Infinity's metaverse world. There, you can create your avatar.
As a Battle Infinity user, you have the opportunity to win various prizes, and those prizes are denominated in IBAT coins, and these IBAT coins are used in the Battle Infinity metaverse for various actions, such as transactions and staking. The important thing to know is that if you find the Battle Infinity worth investing in, you should know that you first need to buy Binance Coin.
At the moment there is a huge hype about Battle Infinity because right now, this is one of the best crypto moves that you can make. This means that if you decide to become an early investor now, there are great chances that you will gain profit from it in the future.
All in all, in the unstable crypto situation that we are witnessing at the moment, it would be a good thing to invest in Battle Infinity. Some of the Battle Infinity traits that make it more interesting to buy:
The process is slightly different from buying other cryptocurrencies. Finally, the pre-sale is handled directly by the publisher, on the pre-sale platform specially created for this purpose. Experience has shown that with the following steps you have IBAT tokens in your wallet in less than 10 minutes.
First, the crypto investors visit the Battle Infinity pre-sale page. Here the crucial windows open immediately.
The IBAT Coin is designed as a BEP-20 token and runs on the Binance Smart Chain. This means that one must own Binance Coin in order to buy IBAT. If you have this in your wallet, you can proceed directly. On the other hand, one should first buy BNB – for example via the online broker eToro, which does not charge any commission and allows a crypto purchase in less than 10 minutes.
The next step is to connect the wallet to Battle Infinity. This is possible with the Metamask Wallet or the Walletconnect function. It is important that the corresponding wallets have been switched to the Binance Smart Chain.
Now select the desired amount of IBAT. You can see directly how many Binance Coins are required. For example, if you want 250,000 IBAT tokens, you have to invest around 1.5 BNB. One last click on "Buy IBAT" and the purchase is complete.
1. HODL
2. Improve your crypto knowledge constantly and educate yourself
3. Reorient your assets
4. Limit buying the dip
5. Use the gains of altcoins and trade with them, but carefully
Where many people make a mistake when it comes to cryptocurrencies is that as soon as they see the value of a certain cryptocurrency falling, they decide to sell it immediately. From the psychological side, this is, we have to say, rational thinking. Why would you keep your cryptocurrencies when it is obvious that they are losing their value day by day? Although the fear you feel when a crypto dip occurs is psychologically justified, the advice we can give you is completely the opposite. So, during a crypto dip, it is advised that no matter how much you would like to, do not sell your depreciating cryptocurrency! It is entirely possible that your cryptocurrency, which is weakening at one moment, will experience growth at the next moment and things will start to unfold in your favor. One of the basic tips that you should keep in mind when trading cryptocurrencies, and also apply, is certainly that you should never sell your cryptocurrencies at a price that is lower than what you bought them for. When a crypto dip occurs, you should try to stay calm, not panic and not react hastily. Investing in cryptocurrencies is not something that will bring you profits overnight. After all, this is about long-term investing, and that's exactly why it's completely okay to experience ups and downs during that long period. The fact that the value of cryptocurrency has fallen today does not mean that everything is lost. Selling the cryptocurrencies you own is certainly the worst decision you can make during a dip. Instead, do nothing, and be patient until the crypto market stabilizes, and the crypto you own starts to rise in price again. It's only a matter of time before that happens.
When it comes to an area in our life that has constant changes as one of its main characteristics, it means that, if we want to be successful in that area, then we have to devote extra time and effort to keep up with those changes. The crypto market, as one of the phenomena that undergo modifications daily, is certainly one of those areas that we should constantly learn about. Of course, only if we want to get the most out of it. What is the best way to learn about the crypto market? The theory is necessary, but in this case, practice is still a little more important. If you are not familiar with cryptocurrencies, then to start, do some research, read, and learn the basics. And if you already have the basics, then start trading cryptocurrencies. It is this experience that will help you see how things work, and in the following period, you will know with greater certainty which are the right steps to take to maximize your profit. When it comes to education about the crypto world, what is definitely very important is that you follow the trends and look at the statistics. The Internet is full of various blogs that deal with this topic, where you can find statistics that indicate how a certain cryptocurrency will develop, so you can see whether it is worth investing in it or not. At the same time, you can notice in time the appearance of certain new cryptocurrencies that are predicted to be a great success. One such cryptocurrency that we will discuss later, and that the whole world is buzzing about these days is Battle Infinity.
When the prices of cryptocurrencies fall, a lot of people decide to buy them right then. It is an ideal opportunity to buy certain crypto at a much lower price. We agree, but, a more clever thing would be to reorient your assets and invest in the regular stock market. Yes, some of you will think that even the regular stock market is not completely safe at this moment. But, the fact is that it is a little safer and that if you are determined to invest in something at the moment, that is an investment with smaller risks.
During the dip, it is not a smart idea to invest in unsafe and risky investments. Instead of mindlessly entering everything that is offered on the crypto market, the advice is: to invest in proven things, like for example Lucky Block, which is already widely known to be one of the coins that had the greatest growth ever. Invest limitedly, but wisely.
Even in a situation where the crypto market is unstable, there is an alternative for investing, which is investing in altcoins. However, the fact is that there are a huge number of altcoins on the market and you can easily make a wrong choice. Therefore, before investing in a certain altcoin, get well informed. You can find all of the information online. So allow yourself some time researching and making the best possible, and the most secure choice for investing in a specific altcoin.
As you can see, when a dip occurs, it does not mean that everything has failed and that you should sell all your "crypto assets". On the contrary, in moments like these, you should keep your composure and reach for new promising solutions, and projects that have a high chance of success, such as, for example, Battle Infinity. Oscillations in the crypto market are a normal thing. Therefore, without fear, feel free to invest in new projects like this one, which show huge chances of success. But, we strongly recommend you follow these five tips we have shared here with you. Don't be afraid to take action, but at the same time, be careful and inform yourself before taking a specific action. Even in moments like this, when the crypto market experiences difficulties, there is a chance for a good investment, and more importantly, there is a chance for a gain.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
