7 Cryptos to Sell Before They Implode in 2022

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7 Cryptos to Sell Before They Implode in 2022

Posted by Chris Markoch on Wednesday, October 13, 2021 Under: 848FINACE

Slide 1 of 8: When AMC Entertainment (NYSE:AMC) announces that it’s planning to accept Dogecoin as a payment method, it might seem odd to write about cryptos to sell. If you bear with me, I’ll try to do my best to make my case. It’s not as bearish as you think. The crypto market got a shot in the arm (as if it needed one) from Bank of America (NYSE:BAC) last week. In the bank’s “Digital Asset Primer,” it predicted that cryptocurrency was only in the first inning and that the industry had “become too large to ignore.” Part of the reasoning for that bullish outlook comes from the interest of institutional investors. In the first half of 2021, the “smart money” piled over $17 billion into the crypto market. That number dwarfed the $5.5 billion it purchased in all of 2020. I’m not (currently) a crypto investor. But if I was, I would welcome an open-minded look at the market. Every asset class has winners and losers. And that list can change based on any number of events. So why should it be different for cryptos? My answer is it shouldn’t be. The 7 Best Consumer Discretionary Stocks To Buy for Q4 2021 If investors accept the idea that there are cryptos to buy, then there are also cryptos to sell. And so without further ado, let’s take a look at seven cryptos that may be in for a rough year in 2022. Monero (CCC:XMR-USD) Tron (CCC:TRX-USD) Dogecoin (CCC:DOGE-USD) Shiba Inu (CCC:SHIB-USD) Stellar Lumens (CCC:XLM-USD) SafeMoon (CCC:SAFEMOON-USD) Bitcoin Gold (CCC:BTG-USD) — When **AMC Entertainment** (NYSE:**AMC**) announces that it’s planning to accept Dogecoin as a payment method, it might seem odd to write about cryptos to sell. If you bear with me, I’ll try to do my best to make my case. It’s not as bearish as you think. The crypto market got a shot in the arm (as if it needed one) from **Bank of America** (NYSE:**BAC**) last week. In the bank’s “Digital Asset Primer,” it predicted that cryptocurrency was only in the first inning and that the industry had “become too large to ignore.” Part of the reasoning for that bullish outlook comes from the interest of institutional investors. In the first half of 2021, the “smart money” piled over $17 billion into the crypto market. That number dwarfed the $5.5 billion it purchased in all of 2020. I’m not (currently) a crypto investor. But if I was, I would welcome an open-minded look at the market. Every asset class has winners and losers. And that list can change based on any number of events. So why should it be different for cryptos? My answer is it shouldn’t be.
The 7 Best Consumer Discretionary Stocks To Buy for Q4 2021
If investors accept the idea that there are cryptos to buy, then there are also cryptos to sell. And so without further ado, let’s take a look at seven cryptos that may be in for a rough year in 2022. **Monero** (CCC:**XMR-USD**) **Tron** (CCC:**TRX-USD**) **Dogecoin** (CCC:**DOGE-USD**) **Shiba Inu** (CCC:**SHIB-USD**) **Stellar Lumens** (CCC:**XLM-USD**) **SafeMoon** (CCC:**SAFEMOON-USD**) **Bitcoin Gold** (CCC:**BTG-USD**)

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