Between the liquidity crisis of FTX and the subsequent collapse of the crypto market, there is an opportunity to invest and make money in the years to come.
A boon for those investing in the right crypto assets at the right time, including a market crash, and a disaster for those who panic selling their valuable assets without considering the long-term outlook. If you want to invest in altcoins with a one-year time horizon, this list is for you.
According to an AI-powered forecasting system, if you are looking for virtual currencies with good returns, LTC could be a profitable investment option for 2023. It may not give you the same return as in 2018 or 2021, but you can still expect a reasonable rate of return on your investment. According to available data, Litecoin (LTC) has been in a bearish cycle for the past 12 months. Analysts predict that LTC has a positive outlook and there will be a positive trend (bull run) in the future.
If you are looking for cryptocurrencies with good returns, Cardano (ADA) can be a bad or high risk investment option for a 1-year time frame. According to data from Coinmarketcap, Cardano is currently down from $2 to $0.3608 in one year. Your current investment is likely to gain value in the future.
As FTX goes through a critical liquidity crisis, its future remains uncertain. Most of the FTX HODLers, including crypto whales like Binance, have abandoned their positions in recent days. The price of FTX is currently trading at $3.37 from $59.2 last year. According to price estimates, FTT is a bad long-term investment option.