When Was the Last Crypto Winter and How to Survive the Next One with Logarithmic Finance (LOG) and Stellar (XLM)

New to the crypto market or not, you probably have heard of the phrase “crypto winter”. Defining the expression literally, it is used to describe when the prices fall and remain low for an extended time for the majority of cryptocurrencies, from the leading Bitcoin to other coins supporting the crypto ecosystem.

Experts suggest that the current situation in the crypto market is most likely influenced by world events, including rising inflation rates worldwide and looming recession worries. Since the end of last year, the crypto market has experienced a significant drop. However, many experienced investors are a lot less worried about this since they have already seen it before and successfully survived it.

When Was the Last Crypto Winter?

The last crypto winter lasted for a lengthy period between 2018 and 2020, considering the infancy of the whole crypto industry. From this experience, many have learned that it is much like a conventional bear market in other asset classes, thus investing with a long-term strategy presents the most potential to bring profit.

Most innovation suffers during the crypto winter and a lot of start-ups tend to fail with only the best surviving and proving their worth. While it is important to not get influenced by the fear of some investors during this period, it is also essential to rely on research and analysis when making investment decisions. Some cryptocurrencies are expected to grow far beyond where they are today in the next bull market.

How Does Logarithmic Finance (LOG) Showcase Its Potential?

Many new crypto projects are being launched daily but not all of them are worth investing in. How to choose what can help you survive the next crypto winter? Ensure that your investments are based on thorough research and you are investing in reliable and safe coins.

Presale tokens are a great chance to get into the crypto market for low prices with possibly less risk because the prices cannot fall during the presale period. Previously successful presales, such as Filecoin (FIL) or Ethereum (ETH), have attracted many more crypto enthusiasts to consider presale investments.

Logarithmic Finance (LOG) is gaining a lot of attention from investors because of its promising and innovative roadmap for the project’s future. Its multi-chain and cross-chain capabilities highlight its focus on providing the best Decentralised Finance (DeFi) solutions to the crypto community.

The Logarithmic Finance swapping protocol will enable fundraising on various blockchain platforms. It aims to be integrated with Ethereum, Solana, Avalanche, Polygon, Binance Smart Chain, and Tezos. The multi-chain approach will help users to get the best prices and speeds when performing transactions.

The platform’s native token LOG can now be purchased in presale. It will be used for staking, transaction processing, and governance of the project. LOG token holders will also have exclusive access to LOG’s NFT auctions where their transactions will benefit from 80% reduced gas fees.

How Is Stellar (XLM) Battling the Current Crash?

During the crypto winter, it is important to recognise which cryptocurrencies have the potential not only to survive this period but also to grow beyond their current levels. Despite the current market crash, Stellar (XLM) is still showing great promise for the future due to its consistent integration with other platforms.

Created in 2014 with a focus on regular people, Stellar (XLM) aims to make transactions quicker, easier, and more accessible. Community-owned and distributed, the protocol’s focus is on overcoming cross-border transfer issues, such as high fees and slow procedures.

To open access to cryptocurrencies in underbanked parts of the world, Stellar has partnered with money-transfer company MoneyGram. This step will help enable emerging markets to move in and out of crypto easier. The partners expect to make the service accessible in most countries where MoneyGram is available – there are more than 200 of them so far!

What Should Be Your Next Steps?

Crypto winter might be scary even if you are not new to the crypto world. However, first and foremost, it is important to avoid panic and fear. Even though it is much easier said than done, letting feelings affect your investment decisions is one of the worst things to do.

Experts suggest relying on research and analysis, which will help to make well-informed decisions. If you are interested in learning more about Logarithmic Finance (LOG), more information is available through the links listed below.

More information on Logarithmic Finance: Website, Presale, Telegram.