Sentiment in the broader cryptocurrency market has been very slow in recent days. Investors have been carefully evaluating the risks, so now may not be the best time to buy. But despite this, there are still many cryptocurrencies for you to consider in March. Here's why.

  • The best time to buy cryptocurrencies is when investors are scared and selling off.
  • The drop we see in many coins gives you the perfect discount.
  • In the longer term, near-term downside risks will be mitigated.

So, if you are considering getting yourself some cottage coins to back your cryptocurrency portfolio, here are the top three tokens to check out.

File currency (FIL)

Filecoin (FIL) has mostly traded sideways in recent days. But the long-term fundamentals of this token are very strong.

1647131708335-e6f8dee9-dc02-41de-9e08-b769b69b8ea3.png.webp Data source: Tradingview

Filecoin hopes to create a decentralized storage system to help drive the future of the Internet. At the time of writing, its native token, FIL, is trading at about $17.92. The token also has a market cap of $3.1 billion.

Phantom (FTM)

It's been a hot week for Fantom (FTM). After a major developer announced their departure, the token saw a significant sell-off. FTM's TVL also dropped sharply.

In 7 days, the token has fallen nearly 30%. However, FTM has been one of the most bullish assets in DeFi and the recent drop is an opportunity to buy at a lower price. As of press time, FTM is trading at around $1.20.

Anchor Protocol (ANC)

Anchor Protocol (ANC) is also another cryptocurrency asset that has fallen sharply over the past few days. In the last week alone, the token has fallen nearly 45%. This is a significant drop and while ANC may not recover immediately, we will see some positive price action in the long run. The token is currently selling for $3.22.