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Home»Crypto»The best coin to buy when crypto is bearish
Crypto

The best coin to buy when crypto is bearish

Donald MunnBy Donald MunnJune 7, 2022Updated:September 29, 2022No Comments4 Mins Read
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SPONSORED POST*

Crypto is an exceptionally volatile asset class and lucrative revenue opportunities are not just limited to bull markets. The best way to earn a reliable profit, in a bearish trend, is to invest in coins with promising long-term prospects and multiple revenue channels. 

Consistent ongoing profits 

ArbiSmart (RBIS) is an EU authorized crypto investment platform that is able to guarantee consistent passive profits, regardless of the market trajectory, making it an attractive choice in a market downturn.

Crypto arbitrage

The ArbiSmart project offers automated crypto arbitrage, meaning that it generates profits from temporary price inefficiencies. These are brief windows during which a coin is available on various exchanges at different prices, at the same time.

RBISAutomated crypto arbitrage

The ArbiSmart user makes a FIAT or crypto deposit, which is automatically converted into RBIS, the native token. Meanwhile, an algorithm tracks hundreds of coins across nearly 40 exchanges looking for inefficiencies. When it finds a price difference, it buys the coin at the lowest possible price and then instantly  sells at the highest to make a profi. 

Price inefficiencies emerge just as frequently in bear or bull market. They occur all the time for a range of reasons, such as differences in trading volume and liquidity between bigger and smaller exchanges. In an upturn or downturn, ArbiSmart platform users receive a predictable passive profit of between 10.8% and 45% a year, depending on the amount deposited

Interest-generating wallet

Another way in which ArbiSmart can generate revenue, even as the market crashes is with its new interest-bearing wallet. Instead of letting their crypto capital sit idle, HODLing to ride out the storm, wallet holders will be able to put their money to work, earning a profit just for storing their funds with ArbiSmart.

RBISInterest-generating wallet

Next month, the ArbiSmart wallet is being introduced, supporting a wide range of FIAT and cryptocurrencies, and offering a variety of savings plans.  Users will benefit from secure storage as well as rates of up to 147% a year on RBIS and 49% a year for all other currencies.

Future growth potential

Another reason why the ArbiSmart project presents such a great opportunity in a bear market is that the coin is on track to soar in value in the second half of 2022. The reason for this is that the project is set to launch multiple new utilities in the coming months, all of which will require use of RBIS, driving up demand and increasing token liquidity.

Following the introduction of the interest-generating crypto wallet in June, ArbiSmart will be launching a mobile version the following month. 

Additionally, Q3 will see the release of a decentralized yield farming program, which will be offered via Uniswap, with an interface enabling direct interaction with the program through the ArbiSmart platform. Participants will be able to contribute to USDT/RBIS, ETH/RBIS, and WBTC/RBIS liquidity pools, staking funds in return for up to 190,000% APY as well as 0.3% of the fees from every trade. 

RBISDecentralized yield farming program

Simultaneously, next quarter ArbiSmart will also be releasing an NFT marketplace. Users will be able to purchase Non-Fungible Tokens using RBIS, which will certify the authenticity and ownership of a collection of thousands of unique digital artworks.

A little further ahead, an ArbiSmart cryptocurrency exchange is in the pipeline for the end of the year, as well as a play-to-earn metaverse, where gamers will be able to buy, develop and sell virtual plots of land, for real-world money. 

The addition of each of these utilities will increase token demand. Meanwhile, since the supply is finite, capped forever at 450M RBIS, as demand rises, and supply falls the coin value is likely to climb steadily. 

While the market is in a bearish trend right now, RBIS is ripe for picking. To earn the highest possible return, before the rollout of new utilities starts next month, and pushes up the price, buy RBIS now!

*This article has been paid. cryptodailynews24.com didn’t write the article nor has tested the platform.

The post The best coin to buy when crypto is bearish appeared first on cryptodailynews24.com.

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Donald Munn
Donald Munn
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