“Trump Bump” has been changed to “Trump Dump.” Almost all cryptocurrencies are growing all year round, and there are no signs that there will be any immediate turnaround yet. President Donald Trump’s tariff declaration and fears of a recession have been a powerful double bug for both NASDAQ tech stocks and cryptocurrency.
Bitcoin (Cryptography: BTC) Solana, Solana’s year is down 15% (Cryptography: Sol) 35% decrease, Ethereum (Encryption: ETH) It’s down 45%. So, is any of these cryptography worth buying now?
I’ve seen this story on Bitcoin before. There is a reason why Bitcoin has gained a reputation as a highly unstable asset. PAR is a drawdown of 20% to 30% of the course. In fact, according to Cathie Wood of Ark Invest, in Bitcoin history it differed at least five times when it fell by more than 77%.
And while it’s not shiny to the fact that investors are selling Bitcoin out of it, even the biggest skeptics have to admit that Bitcoin is far better than any other cryptocurrency. Until recently, Bitcoin was seen as a hedge against economic uncertainty. Some investors believe that Bitcoin is a “safe shelter” asset and is equivalent to “digital gold.”
Image source: Getty Images.
One way to survive the current cryptostorm is to handcarer and buy Bitcoin. You can average dollar costs along the way, and average dollar costs along the way. This doesn’t mean that Bitcoin is “safe” by any means, but it could be one crypt worth loading right now, as it has gained so many institutional adoptions over the past 15 months (since the launch of the new spot Bitcoin ETF).
You must choose here: Solana or Ethereum. They are two main layer 1 blockchain networks, both of which have a very large and highly diverse blockchain ecosystem. In short, they are components of the modern blockchain economy. It makes them invaluable. From games to Web3 to distributed finance (DEFI), all sectors in the blockchain world rely on them.
From my perspective, Solana is the future, but Ethereum is the past. Solana is cheaper, faster and more efficient than Ethereum, which gives us a much higher prospect of future growth. Certainly, some of that growth was the result of the memecoin fad, but there’s still a lot I like. Solana has made great strides in areas such as decentralized finance and has a very robust mobile crypto strategy.
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Ethereum remains a major defi powerhouse, and the Trump administration is doing everything it can to promote the idea that Ethereum will become a component of the modern blockchain-based financial system. Looking at Portfolio Holdings, a Trump-affiliated crypto company, World Liberty Financial, it is clear that it is positioned in itself for the Ethereum-led debt system. So Ethereum can really turn things around.
However, just because cryptography grows all year round doesn’t necessarily mean it’s a great purchase. Think of your experience shopping at a “going out of business and everything has to go” sale. Certainly some things are really cheap, but how many of them do you want or need?
There is one category in the crypto market that I’m currently avoiding. It’s a meme coin. Numbers are ugly and there is little hidden value. Among the major meme coins, Dogecoin has dropped by 50%, Pepe has dropped by 70%, Floki has dropped by 70%, and dogwifhat (who wears another dog-themed memecoin, hat) has dropped by 80%. Meme Coin’s speculative bubble burst in February. This means that even the official Trump meme coin is too hot to handle now.
Of the three ciphers above, Bitcoin and Solana are clear purchases. They are unfairly beaten to a low level. Solana, for example, was $294 on January 19th. Within two months, it’s been trading at around $125.
But I’m still on the fence about Ethereum. Looking at just past historical achievements, it seems like you’re easily buying at current discount prices. But even before the crypto sales began, it was a market delay for months. If you already have Ethereum in your Crypto portfolio, it’s worth checking out if the Trump Crypto team can move it higher. But I would not advise you to add to your Ethereum position.
Hopefully, as President Trump suggests, the current market pain will be merely temporary. If that’s the case, I’d be happy to add Bitcoin and Solana to my portfolio at the basement price of such bargains.
Have you ever felt like you missed a boat when buying the most successful stocks? If you do that, you’ll want to hear this.
In rare cases, a team of analysts issue “double-down” stock recommendations for companies they think they are trying to pop. If you’re worried about having already missed the opportunity to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
nvidia:If you invest $1,000 when it doubled in 2009,$277,401! *
Apple: If you invest $1,000 when it doubled in 2008, you’ll have $43,128! *
Netflix: If you invest $1,000 when it doubled in 2004, then $467,393! *
Currently, we are issuing “double-down” alerts to three incredible companies, and we may not have a chance like this anytime soon.
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*Stock Advisor will return as of March 10, 2025
Dominique Baslutt holds positions in Bitcoin, Ethereum and Solana. Motley Fool has Bitcoin, Ethereum and Solana positions and is recommended. Motley Fools have a disclosure policy.
Crypto Sell: Three ciphers for sale in 2025 were originally issued by The Motley Fool
