Crypto Market Crash: 1 Crypto to Buy Now and 1 to Dodge

The crypto world is full of ups and downs. Right now, we are in a big crypto market crash. The total value of all cryptocurrencies dropped from $4.4 trillion last October to $2.4 trillion today. That is a 45% loss. Many coins are down a lot. Bitcoin is 46% below its all-time high. Dogecoin is even worse, down 86% from its peak.

Smart investors do not panic. They look for chances. In this article, we share one crypto to buy during this sell-off and one to avoid. These picks are based on strong basics, history, and future potential. Let’s dive in.

Understanding the

Crypto markets are volatile. Prices can swing fast. Reasons for this crash include big holders selling profits, fears of high interest rates from the Federal Reserve, and overall market fear. But history shows crashes lead to big gains later.

Bitcoin has crashed over 50% many times before. Each time, it came back stronger. The key is to focus on what makes a crypto strong for the long run.

• Supply limits: Does it have a fixed amount?
• Use cases: Does it solve real problems?
• Adoption: Are big players using it?
• Network strength: Is it secure and decentralized?

Using these, we pick winners and losers.

Crypto to Buy: Bitcoin (BTC)

Bitcoin is the king of crypto. It started the whole industry. Today, it makes up 57% of the total crypto market. When Bitcoin moves, the whole market follows.

Why buy now? Here are the top reasons:

1. Fixed Supply Cap

Bitcoin has a hard cap of 21 million coins. No more can be made. This scarcity is like digital gold. As demand grows, price should rise.

2. Proven Track Record

Bitcoin has survived many crashes. From 2011 to now, it has gone through 80% drops. Each cycle ends with new highs. The 2024 halving cut new supply in half, which often boosts price.

3. Growing Adoption

Banks, companies, and even governments are buying Bitcoin. Spot Bitcoin ETFs hold billions. Countries like El Salvador use it as money. Payment apps and wallets make it easy to use.

4. Security and Decentralization

Bitcoin’s network is the most secure. Thousands of computers worldwide keep it running. No single group controls it.

At 46% below peak, Bitcoin is a bargain. Long-term holders see it hitting new highs in 5-10 years. Experts predict $100,000+ soon.

Bitcoin’s fundamentals are rock solid. Ignore short-term noise.

Crypto to Avoid: Dogecoin (DOGE)

Dogecoin looks fun with its dog meme. It beat Bitcoin over the last 10 years at times. But now, it is down 86% from 2021 peak. No recovery signs.

Why dodge it? Big red flags:

1. No Real Utility

Dogecoin started as a joke in 2013. It has no serious use. Not for payments, smart contracts, or DeFi. Just hype and gambling.

2. Unlimited Supply

Unlike Bitcoin, Dogecoin adds 5 billion coins yearly. Supply keeps growing. This kills scarcity and long-term value.

3. Hype-Driven Price

Price jumps on tweets or memes. Community pumps it, but fades fast. Founders left years ago. Community is shrinking.

4. High Risk for Long-Term

Meme coins like Dogecoin are for quick trades. Not portfolios. 90% of meme coins fail. Dogecoin risks the same.

Steer clear. Put money in assets with real value.

How to Build a Strong Crypto Portfolio in a Crash

During a , follow these tips:

1. Dollar-cost average: Buy small amounts over time. Lowers risk.
2. Focus on top coins: Bitcoin and Ethereum lead.
3. Hold long-term: Ignore daily news.
4. Diversify a bit: But mostly Bitcoin.
5. Use safe exchanges: Like Binance or Coinbase.

Track market with tools like CoinMarketCap. Watch Bitcoin dominance. If over 50%, it’s bullish.

Future Outlook for Crypto

The crash will end. Next bull run could start with lower rates or ETF inflows. Bitcoin halving effects last 18 months. By 2026-2027, we may see $4T+ market cap again.

Stick to picks like Bitcoin. Avoid memes like Dogecoin. Patience wins in crypto.

Final Thoughts

The is scary but full of opportunity. Buy Bitcoin for its strength. Skip Dogecoin for its risks. Do your research. Invest what you can lose. Happy investing!

Images: Add relevant stock images of Bitcoin chart, Dogecoin meme, market graphs for SEO and engagement.

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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.