3 Cryptocurrencies to Buy Before They Soar More Than 2,500% Each, According to an Analyst
These three are all excellent candidates for buying the dip in cryptocurrency.
Overview
Although stock prices are near all-time highs, the cryptocurrency market is in a deep bear market. Bitcoin is down more than 50% from its all-time high reached last October. Other tokens and currencies are down even more.
But crypto investors are no strangers to major declines. And buying into the weakness has often led to phenomenal returns for those who can stomach the extreme volatility. Buying Bitcoin at its current price isn't unreasonable, but one group of analysts sees even better opportunities in the market. Geoffrey Kendrick, lead analyst at Standard Chartered, sees each of the following cryptocurrencies climbing at least 2,500% during the next few years.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.