Right now, it’s all about the long-term when investing in crypto. This is for a few key reasons. Many people are originally attracted to the space because of get rich quick stories of rags to riches, and after following the likes of SHIB and DOGE’s almost overnight successes. But this isn’t always as easy to pull off, and for as many of those successes, there are countless more failures. Short-term trading is extremely high risk, especially right now when markets are highly volatile and also struggling somewhat.
But that doesn’t mean it’s over for crypto—it isn’t. You just have to think more long-term. And when you change your focus to one of long-term potential, it’s actually a lot easier to pick the right cryptos. It’s also less stressful, as you don’t have to worry about day-to-day price fluctuations. Simply pick strong cryptos for your portfolio, and sit back and watch them grow over time. And it’s especially because of the market’s current downturn that now might be the perfect time to invest in certain long-term cryptos. You get prices that are at discounts because of recent dips, but strong projects that still have huge futures in the crypto space. Here are 3 of the best long-term cryptos for your portfolio:
Uniglo (GLO)
Uniglo is perhaps one of the best long-term cryptos the space has ever seen. That’s because it has a truly solid base price thanks to a fully asset-backed store of value. It also has a ton of deflationary measures that steadily increase price potential over time, with a dual burn mechanism that increases scarcity and limits supply. Uniglo isn’t over-reliant on any one asset, as it’s completely diversified. It’s not prone to pumps and dumps, which sets it up perfectly for steady long-term price growth.
Bitcoin (BTC)
Bitcoin still hnas growth potential, even though it has already achieved higher prices than any other crypto. It’s often the first place money flows into when the crypto market starts to rise, and is the bell-weather for much of the industry. It could reach a $100k BTC this year, according to some analysts. And there’ll always be a place for BTC, so it’s a good long-term hold.
Leo Token (LEO)
As the utility token for the growing Bitfinex exchange and community, LEO holders get a ton of benefits and access to one of the best trading platforms in crypto. It has had a strong few months, and should continue to do well as part of the future of digital finance. That’s why it’s a recommended buy and long-term hold.
жыйынтыктоо
LEO, BTC and GLO all have incredible long-term potential. That’s why investors are picking them as the next big movers, and those who hold for some time should see plenty of gains.
Бул жерден көбүрөөк билиңиз:
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Source: https://www.thecoinrepublic.com/2022/08/16/best-long-term-cryptos-uniglo-glo-bitcoin-btc-and-leo-token-leo/