Place/Date: – August 25th, 2022 at 1:24 pm UTC · 3 min read
Source: Uniglo
Looking for some crypto investment ideas for the upcoming bull run? While we may not be at the bottom of the bear market quite yet, most analysts agree that we can’t go much lower and that now is the time to start aping into the crypto market. Here are three investment ideas for your consideration.
Uniglo (GLO) – a Decentralized Investment Community
Uniglo is a DAO. That is a decentralized autonomous organization. That means that all the decisions on community activities (in this case, diversified investing) are made by a vote of the entire community of GLO token holders.
The main idea of Uniglo is to build an ever-growing treasure chest of digital assets. These could include not only cryptocurrencies but also NFTs and tokenized real-world assets such as gold and high-dollar collectibles. All you have to do to own a piece of the treasury is buy and hold the GLO token. It’s that easy. (You don’t even need to vote if you don’t want to.)
Uniglo makes diversified investing just about as simple as it can get. This makes it the first DeFi token to have the potential to go mainstream. If this happens, early investors could see thousands of percent gains in the coming decade. And luckily we are early. The GLO token is currently in presale made and can be purchased for the low price of $0.013.
Two things make Uniglo a great investment idea. For starters, the treasury will be constantly growing – forever. This is because everyone who buys or sells GLO tokens must contribute 5% of their stack to the treasury. It goes in and it never comes out. This greatly discourages speculation and encourages early adoption.
Also, two burn mechanisms assure that GLO is eternally deflationary. First, the community can vote to take profits on an asset and use some of those funds to burn tokens. Second, 2% of all aftermarket sales of GLO is burned, constantly reducing the circulating supply. These combined strategies virtually eliminate volatility from this asset.
To take part in the private presale, visit Uniglo website.
Bitcoin (BTC) – the Eye of the Storm
Bitcoin is the alpha and the omega of the crypto world. While other assets are dancing to choruses of bells and whistles, Bitcoin is keeping it simple. The sole purpose of bitcoin is to act as a store of value for the long term.
Because it’s scarce, it’s expected to keep up with or surpass inflation thus protecting your purchasing power and hopefully funding your retirement. The idea with BTC is to buy it and hold it – forever. It’s like owning land. It’s going up over the long run. You don’t every spend your BTC. You accumulate it, then borrow against it and spend the currency that’s going down in value (US dollars).
Solana (SOL) – Destined for Greatness
Solana is one of Ethereum’s top 3 competitors. While this network has had a few growing pains, most analysts agree that it has a long and prosperous future ahead of it. In the past few months, the price of SOL has risen by about three-quarters. While we might see another drop before the bull run, now is the time to start DCAing to SOL as it’s expected to pull a 10X gain over the next few years.
Find out more about Uniglo here: Website, Presale, Telegram, Discord, Twitter.
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Source: https://www.coinspeaker.com/uniglo-bitcoin-solana-cryptos-buy-before-bull-market-returns/