The market clearance sell continues today after last week’s quad witching. What that means for folks afflicted with FOMO (Fear of Missing Out), you once again have an opportunity to jump in at a good entry point stocks and crypto. So what are a couple promising plays? Stay tuned to find out.

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Let’s start off with the crypto market. The value of the world's cryptocurrencies plunged to a low of less than $1.9 trillion by 8:45 a.m. EDT on Monday, nearly 11% less than 24 hours prior and reflecting a loss of more than $250 billion, according to crypto-data website CoinMarketCap. Shout out to China for keeping the market on its toes and speculating. With the virus still dominating investor concerns, markets were jolted by news of Evergrande, a major Chinese real estate company that's teetering on the brink of default. China's potentially slowing economy, and Beijing's aggressive actions against key business sectors, have converged with worries about the global economy. Meanwhile, a fight is brewing in Washington over raising the U.S. debt limit per Yahoo! Finance.

Today, this somewhat obscure, overseas risk suddenly shook up financial markets from Asia to Europe and the U.S., where all three major benchmark stock indexes, the S&P 500 SPX, -1.70%, Dow industrials DJIA, -1.78% and Nasdaq Composite COMP, -2.19% appeared to be headed for the worst one-day drop in more than two months. Though it is certainly not the only reason U.S. stocks slid, Evergrande was a factor behind investors’ risk-off mood.

On one level, Evergrande—which reportedly faces at least $83.5 million in interest payments due on Thursday, with a 30-day grace period — is raising concerns about a liquidity crisis among all Chinese and Hong Kong property companies, as markets quickly turn off access to dollar funding. In a more macro way, the firm’s woes are bringing to the fore China’s wide-scale regulatory crackdown across most of its businesses, starting with technology giant Alibaba Group Holding Ltd. 9988, -2.19%, which is rattling confidence in the world’s second-largest economy.

You can’t really go wrong with BTC and ETH. The value of these coins right now are about as good as its going to get. Expecting the coins’ value to drop in half is wishful thinking so now is as good an entry point as any.

In fact, since hitting a September high of almost $53,000 after El Salvador officially introduced bitcoin as legal tender, the crypto unit is off by more than $8,000.

Aside from the obvious BTC and ETH, Solana and ATOM are really good choices to establish your position prior to the next run up. I’m a fervent believer in XRP and currently with it falling under a dollar, it’s another great option to get more bang for your buck. In the past I used to tout Dogecoin as the coin to buy BUTTTTT while I still believe it has its merits, I’m looking for plays that will pop off quicker, sooner than Doge.

In regards to stocks, now is a great time to jump on VXRT if you haven’t done so already. VXRT has seen its SMA50 which is now 1.12%. In looking the SMA 200 we see that the stock has seen a 11.17%. It’s also a good time to get in on OKE, ARKK, and SPG. With the market in the toilet people are selling off to hedge their losses which creates a wonderful buying opportunity for those with resources available to snatch up the sales. I for one had to go ahead and scoop up a few things while also running a couple option plays on Apple, NIO, and VXRT.