Top 5 Best Cryptocurrency for Long Term Investment

Investing in cryptocurrencies can be a wise decision in the modern era, as the other investable instruments like the equity market, commodity or currency became mature enough having less potential to grow further. I’m not saying these investment options will not grow but I mean to say over the past years they grew so fast that now people are looking for other investment options that can give them better ROI.

The cryptocurrency market is the hottest among investors across the world. Though cryptocurrency is not regulated by Government authorities in many countries still people put their hard-earn money into the crypto market just to get better returns.

Why Invest in Crypto for Long-term Investment?

But now the crypto market is also overcrowded with various crypto coins launched over the past few years and it became quite confusing to choose the right crypto that can give the best returns.

The fact is that all the leading cryptocurrencies like Bitcoin, Ethereum & Tether surged rapidly in the last few years and now became sluggish in terms of moving further. And for the short-term, you will get less return with a high risk of volatility in the market, so you have to invest in crypto for the long term.

But few crypto coins are having such potential to give a high return even in the long term. To clear off your confusion in choosing the right crypto we brought here the list of best cryptocurrencies for a long-term investment that you can choose for your portfolio.

Top 5 Best Crypto Coins for Long Term Investment

#1 Bitcoin (BTC) 

Despite the long journey of rising the price in past years, Bitcoin is one of the favorite cryptocurrencies among investors. Yes, for the long-term investment plan, Bitcoin is one of the safest haven investments than a currency, earning it a place within your long-run cryptocurrency portfolio.

Though, Bitcoin is a highly volatile asset due to a high number of trades in the market from both buyer and seller sides. If you see its price day to day, it is evident that its price dipped to below $ 18,000 at the lower end and touched $ 68,000 at the upper end.

However, it has been the best-performing investment asset in the past 10 years, and owing to running on the Blockchain network it will make the platform more useful and could make the coin more valuable.

#2 Ethereum (ETH) 

After Bitcoin, Ethereum is another second-best crypto coin you can include in your long-term crypto investment portfolio. Ethereum has emerged as one of the best platforms for developing decentralized apps, referred to as dApps.

Ethereum has become a favorite platform for developers because it supported applications like chic contracts, that can automatically execute a function when specific conditions are met.

Ethereum is consistently also in the process of an upgrade. As per the Ethereum website info, the new or upgraded ether is coming with improved scalability, security, and sustainability of the network.

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#3 Cardano (ADA) 

Maybe you don’t know about this crypto, but now it has become popular in the cryptocurrency market with promising investment opportunities for long-term investors.

Cardano has become popular due to peer-to-peer encryption – a next-level of security that made it the most trusted crypto coin in the market. Its stability says it is the best crypto for long-term investment. If you’re looking to accumulate into your portfolio, you can invest in Cardano (ADA).

#4 Polkadot (DOT)

Polkadot (DOT) is another popular crypto coin in the virtual currency market. The main reason behind this popularity is high speed with low fees. Trading at around 6.75 USD Polkadot has become one of the best long-run cryptocurrencies to buy since its launch in 2020.

Polkadot is not entirely a cryptocurrency but it is a Blockchain network where developers can build innovative, decentralized systems. It is mainly built to connect assorted independent Blockchain into one coordinated network, and even create new chains.

Polkadot’s nearest competitors are Ethereum and Cardano, but attributable to early submission into ache contracts gives it an edge some analysts expect it to maintain.

#5 Chainlink (LINK)

Another less known but very promising cryptocurrency Chainlink is one the best crypto coin for long-term investment.  Chainlink is an Ethereum-based network that provides real-time data from off-blockchain to on-blockchain ache contracts via nodes and oracles.

The Chainlink 2.0 ascent, will build off-chain networks on top of oracles to reduce computational strain on the Ethereum main net. The ascent will besides implementing stake, which will increase security by providing nodes with “firm economic incentives to behave faithfully and correctly.

These are the top five best cryptocurrencies to invest in for the long term that you can include in your portfolio. But if you don’t want to directly put your money into an individual cryptocurrency then you can choose PCI which offers the best long-term investment plans to invest in the crypto market with a safe route.   

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