If we learnt anything from the recent collapse of LUNA and the ensuing crypto winter, it’s that the only way to survive in a bear market is to diversify your portfolio by investing in cryptos whose projects aim to solve real-life problems. These are our top 3 cryptos to boost your portfolio in a bear market.

Chronoly.io (CRNO)

Chronoly.io (CRNO) is the first-ever 24/7 watch investment platform allowing users to invest, buy and sell rare and exclusive timepieces from some of the most renowned brands like Rolex, the same way you would buy a share. This is achieved through the fractionalization of asset-backed NFTs. 

Chronoly.io (CRNO) NFTs bring users real-world value since every NFT is backed by a physical version of the watch, which is stored in Chronoly.io’s vault. Note that all watches are independently verified and authenticated before they are tokenized.  

If you’ve always fancied a high-end watch but can’t afford it, Chronoly.io democratizes the luxury watch market by breaking down the cost barrier to entry for luxury watch ownership. Once the market goes live, you can own part of any luxury watch through NFTs from as low as $10; and trade them on Ethereum-based third-party NFT marketplace like OpenSea.

CRNO is the crypto powering the world’s first blockchain-powered fractional watch investment marketplace. It’s currently in its second presale round – ending September 27, 2022. The current presale price is $0.066, 560% above the phase one presale of $0.01. And according to several industry insiders, Chronoly.io (CRNO) is tipped to surge in multiples when it goes live. In the ongoing presale, you can purchase CRNO directly from Chronoly.io, and you will receive your CRNO tokens once the presale is completed.

Arweave (AR)

Arweave is a decentralized storage network offering indefinite storage for any data. It effectively ensures that history is preserved and prevents others from rewriting it. Generally, it provides data integrity, the real ownership of data through NFTs, and decoupling storage from computation, saving a ton on process efficiency. The network significantly reduces the cost of blockchain storage. 1GB of storage costs at least $1 million on Ethereum and at least $500k on Solana, but only $5 on Arweave.

With the crypto winter thawing, Arweave (AR) has largely outperformed the crypto market, surging 119% to hit 2-month highs of 17.42. It’s been trading above a rising trendline for the better part of the last month. For the first time in 18 months, Arweave (AR) is trading above the 50-day MA near the 1.618 Fibonacci extensions from its all-time low of $7.21. In the medium term, the Arweave (AR) price target is $25 around the 200-day MA, representing an 80% return. 

And despite the recent persistent bear market, Arweave (AR) has a 30-day day Sharpe ratio of  3.84, which means higher rewards than risk, outperforming the average. And a 1-year Sharpe ratio of about 0.99 – meaning the risk-reward ratio is more or less the same. 

Stacks (STX)

In any bear market, volatility and expected returns are often the sticking points. Stacks (STX) has a 30-day and 1-year volatility of 0.67 and 1.02; this low volatility, combined with the 30-day Sharpe ratio of 1.99, makes Stacks (STX) ideal for boosting your portfolio in a bear market.

Although Stacks (STX) is trading about 50% up from 2022 lows of $0.302, it seems to have hit resistance around the 50-day MA. But given the above-average volume and the above 50 RSI reading, there’s still enough momentum to push Stacks (STX) towards $0.80.

Stacks (STX) is a layer-1 blockchain solution bringing smart contracts and dApps to the Bitcoin blockchain. By itself, the Bitcoin blockchain doesn’t support DeFi, but Stacks allows the blockchain community to unleash Bitcoin’s full potential – it enables DeFi, NFTs, apps, and smart contracts for Bitcoin without compromising on security and scalability.

For more information about Chronoly.io presale

Website: https://chronoly.io/ 
Telegram: https://t.me/Chronolyio 
Presale: https://presale.chronoly.io/register 
Twitter: https://twitter.com/Chronolyio