Crypto assets, while mostly considered for short-term investment, assures excellent high-yield returns for long-term investment as well. In fact, a lot of experts are in favour of long-term HODL instead of short-term sell-offs. And for all the right reasons. The crypto industry is still in a nascent stage. It’s natural that most of the coins will show a low price currently. But, owing to its cutting-edge advantages, the crypto market is fast getting into the mainstream zone- showing hints of widespread adoption after a decade or so. As per the experts, increasing crypto adoption will also drive up the prices of cryptocurrencies by a great extent. In that light, the smarter option would be to invest in the crypto assets “now”- when the prices are low- so that you can sell them at high profits when the price will shoot up to the moon in later years. The post below offers a brief on the top cryptocurrencies for long-term investment. Read more about Multibank.io
Top cryptocurrencies for long-term investment
Below is a mix of both classic and new cryptocurrencies for long-term investment. While some of the new ones show comparatively way lower price than the traditional ones like ETH or BTC – such coins have been added because those promise functional use cases, innovative infrastructure, solid fundamentals, and strong potential for growth.
Let’s check out the list below on cryptocurrencies for long-term investment.
Lucky Block (LBLOCK)
We are starting the list of cryptocurrencies for long-term investmentwith a new kid in the crypto block.
Lucky Block introduces a globalized lottery playing online platform built upon a decentralized infrastructure. As the platform is not governed by any kind of centralized authority, the portal is devoid of jurisdictional restrictions. Also, Lucky Block assures massive jackpots. The globalized access, coupled with the offer of lucrative jackpots, is poised to pull in a growing number of players from all across the world. High popularity will further scale up the market cup of the crypto and draw in a growing number of investors. A large section of crypto experts today vote for LBLOCK when it comes to cryptocurrencies for long-term investment.
Another major reason why we have LBLOCK in our list of cryptocurrencies for long-term investment is because the coin has shown a high upward swing ever since its launch. Lucky Block surprised the market with a stellar 6000 percent upswing within just a few days of its presale.
After the crash, Lucky Block has taken a dip (0.000963 USD as of June 2022) but the coin is predicted to rise up to 0.00215 USD by the final quarter of 2022. Experts have also estimated that LBLOCK will shoot to 0.00321 USD by the last month of 2025. LBLOCK is your coin if you are in search of cryptocurrencies for long-term investment that can offer handy returns in 6 months to 1 year.
Investment potential of a crypto can be gauged by its recent or average (for old coins) ROI percentage. If you are looking for new cryptocurrencies for long-term investment that can assure high ROI percentage, Cardano would be an excellent option. The coin has rewarded investors a massive 200% ROI since last year. It’s self-explanatory why ADA is becoming a constant in almost every list about cryptocurrencies for long-term investment.
Then, there is more.
Cardano is about to incorporate multiple upgrades in 2022 alone that will bolster its infrastructure and functionality by a great extent. For example, the upcoming Hydra upgrade will shoot up the scalability quotient of the platform, enabling it to offer around 4x more TPS than what it offers at present. The upgrades will also help to reduce transaction costs and energy consumption.
ADA is currently trading at below 1 USD but the coin is predicted to reach 5 USD by the end of 2022.
Bitcoin is the pioneering cryptocurrency, currently commanding the biggest market share in the crypto scene. One of the best cryptocurrencies for long-term investment, BTC is predicted to reach over $70,000 by the end of 2022. Some crypto experts are also of the opinion that BTC will even hit the $100,000 mark by December 2022. It’s currently trading at something around $30,000. Know more about “what is bitcoin”.
Why would you consider Bitcoin among the cryptocurrencies for long-term investment? Well, the coin is the #1 crypto with the largest market share. Bitcoin is the most used cryptocurrency and probably will be the one at least for the coming 2 decades. The coin is also bound by finite supply which creates scarcity and drives up the demand for the coin. All these factors cumulatively make Bitcoin one of the most coveted cryptocurrencies for long-term investment.
The second biggest cryptocurrency, ETH, is another popular option when it comes to cryptocurrencies for long-term investment.
It must be mentioned here that over the last 6 years, ETH has grown by more than 3000%- this dramatic growth quotient single-handedly places ETH into our curated roster of cryptocurrencies for long-term investment.
Mention must be made of the upcoming Merge upgrade for Ethereum that will launch a new dawn in the Ether scene. On one hand, the upgrade will skyrocket the TPS limit of Ethereum from 15 TPS to 100,000 TPS. The upgrade is also claimed to cut down on electric consumption by 99%.
All these enhancements will further bolster the credentials of ETH in the investment market, thereby pulling in even more numbers of investors. The coin is currently hovering around less than $1,500 at present but is expected to end 2022 at $4,000. Do you need more reasons to get why ETH is one of the best cryptocurrencies for long-term investment? Clearly not.
When it comes to the new cryptocurrencies for long-term investment, Uniswap is sure to be on the top list. The Uniswap platform hosts a highly popular DEX that has commanded increasing attention today given its decentralized infrastructure, higher trading volume, and increasing trader base. The platform is equipped with a cutting-edge AMM model (backed by powerful smart contracts-based agreements) that allows easy trading without middlemen.
However, it must be mentioned here that Uniswap is not among those cryptocurrencies for long-term investment that are predicted to offer high ROI in the coming 6 months. If you are looking to invest in UNI, wait for at least 3-5 years for ROI. Experts have estimated that the coin will grow by 3x than what it is now after 3 years.
So, you have quite a list of cryptocurrencies for long-term investment by now. For those uninitiated to crypto trading, you have to sign up with a reliable crypto exchange to buy the cryptocurrencies for long-term investment. Make sure the one you choose allows traders and investors from your country, is backed by advanced security measures, and allows cold storage for cryptocurrencies for long-term investment.