Top 3 Crypto Stocks to Buy Ahead of Crypto Rebound

Author: Luther Vern

Without a doubt, the poor performance of the crypto market has caused a wide range of negative impacts. 

Aside from the price depreciation of most cryptocurrencies, companies that invested in these assets felt a lack of benefit in their investments. 

Nevertheless, the crypto market is well known for its volatility and bounce back, so it’s not new to some of its avid investors. Therefore, investments may be made in its trying time (bear period) to make a significant amount of money when the market is back to the top (bull period). 

Today, I will be enlightening you on the top 3 Crypto stocks you should buy in this bear period. 

Top 3 Crypto Stocks to Buy

1. Marathon

Marathon is a popular crypto company with good market capital. Marathon also has a robust innovative business model, which is one of its selling points. 

What’s great about the company is that it still finds ways to remain profitable despite the crypto market’s poor performance. Basically, Marathon has been focusing on shifting its miners from its primary location in Montana to a new facility in West Texas. The action was to reduce unnecessary energy costs. 

Additionally, the company uses hash rate to measure the mining power and guarantee the efficient success of mining. 

With constant innovation and product enhancements, Marathon may be part of the company with the potential to bounce back.

2. Coinbase

If it is about greatness in turning around scenarios, Coinbase wins. While the company stocks were low beyond a certain point, it has made a fantastic comeback. 

Coinbase’s goal circles around taking advantage of crypto to produce new financial systems and innovative tech programs. With that in mind, it might be safe to say that being a Coinbase investor can be highly beneficial, especially when the crypto market rises again. 

3. Block

Frankly, Block is not as closely related to cryptocurrencies as Marathon and Coinbase. Regardless of that fact, Block boasts an incredibly strong claim when it comes to Bitcoin stock. 

Back then, the company was named Square, and the decision to change to Block was an expression of paying more attention to Bitcoin and blockchain technology. 

To maximize its mining business in Texas, Block partnered with Tesla for a joint venture. When it comes to investing in cryptocurrencies, Block makes it easier for many people, thanks to its Bitcoin network. 

Final Thoughts  

Truly, the negative potential of the crypto market can cause second thoughts about buying crypto stocks. Nevertheless, Bitcoin has proven that its bear market is an opportunity to make the right investment and make some significant revenue when its prices bounce back. The same ideology also seems to work with cryptocurrency stocks. As mentioned above, Coinbase stock seems like a good asset that can make a good amount of money for its investors. On the other hand, Marathon and Block also shined on their own with their innovative and continuous product enhancements. If you are a cryptocurrency enthusiast that is looking for the best stock to buy, it may be a wise decision to consider the top 3 cryptocurrency stocks discussed in this article.