If you are looking for cryptos to buy, the current economic climate may not bode well right now. There appears to be little room for growth for most major cryptocurrencies as risk assets continue to tumble due to a hawkish Fed hiking interest rates at a historic pace. This has dragged down nearly every high-valuation asset class, in significant fashion. Nonetheless, there are still some risky but highly-promising ideas in the cryptocurrency market that can turn out to be multi-baggers over the next three years.
Of course, these aren’t recommendations I would make to someone looking for a long-term retirement portfolio. Cryptocurrencies with small market capitalizations are very risky. I suggest investing in these if you are allocating a small portion of your portfolio (or if you have a very small portfolio) on the basis that they might turn into something significant later. Crypto is referred to as a speculative asset for a reason, and investors should treat it as such.
Regardless, if you have an appetite for risk and are willing to invest in these high-risk, high-reward assets, look into the following three cryptos to buy.
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