Isn't this something we all want to find? Which are the tokens that you can invest in, even in the midst of a bear market, that will still give you profit, or at least make sure that you do not lose a lot? A few months ago, I would have said that Bitcoin is a safe bet (and I still say that), Ethereum is quite close, but I also expected tokens such as Solana, Avalanche, Cardano, and others to perform in the same way. In that, I was very wrong!
I remember a few days after the Terra Luna mystery... I was really surprised to see that OlympusDAO performed so well, and so did HectorFinance, and Wonderland - three popular rebase tokens. How come?
I guess these are tokens that have dropped 90% in value compared to their earlier highs already, meaning that those eager to sell have already sold. It should also be taken into consideration that these are quite solid projects, and as those who wanted out already exited, it has made them more stable in the midst of the bear market. That is why all three projects actually keep a higher value today than they did 30 days ago.
Will it remain like that? I have no clue at all, but I am allowed to hope so.
The best would be if the bear market would come to an end, but it might last for months and years still, so the safest is probably to keep your money in stable coins. If you still really want to invest in cryptocurrencies, Bitcoin is most likely the safest bet. If the bear market continues, Bitcoin might drop below 28,000 and move towards 20,000, but the drop will still be much smaller than it will for most other currencies that often end up halving the price while Bitcoin only drops 25%.
Who knows? What are your safe bets in a bear market?