The top 10 crypto investors share their favorite currencies, which in their opinion are suitable for long-term investments.
Now many people are engaged in short-term trading of the crypto currency.
But over time, the value of currencies only grows and in some cases, it may be much more profitable to invest in the most promising for a long time.
We interviewed the heads of several investment funds and well-known crypto traders about the most promising currencies for long-term investments and that's what the existing currencies seem to be the most successful options:
-Bitcoin (BTC) - Over time, its value is only growing, so many consider the option of buying Bitcoin as the most reliable and win-win investment option. In addition, many countries go to the legalization of Bitcoin and introduce it into the ubiquitous turnover.
-Litecoin (LTC) - One of the oldest currencies in the market, whose transactions pass much faster than Bitcoin transactions.
-Ethereum Classic (ETC) - the fork of the classical chain Ethereum, which is now largely undervalued.
-Ripple (XRP) will allow you to transfer huge amounts of money from one end of the world to another in seconds with minimal commissions. A strong development team, great plans for improving the currency.
-Factom (FCT) solves problems with copyright, property rights. The project uses blocking for long-term storage of factual information about events and can indirectly change the way that mankind keeps information about what happened.
-Monero (XMR) is the currency that provides the ability to transfer money most anonymously, and makes it impossible to tie transfers to any purses.
-Waves (WAVES) is a decentralized exchange developed by the Russian team. This month they announced a partnership with Gazprombank.
-Decred (DCR) - will soon apply the Lightning Network protocol, which will allow you to quickly transfer small amounts, almost without commission. A good idea and a strong development team, including Charlie Lee (lead developer of the Litecoin network)
-QTUM (QTUM) - the next Chinese version of ETH. Platform for developing applications by third-party developers. A strong team of developers and consultants, one of whom was recently quoted in Forbes, in the article "30 Under 30"
- UBIQ (UBQ) - a direct competitor of the Ethereum network, for the development of smart contracts. Several multi-million projects already work on the basis of this chain.
Summarizing, there are dozens of promising, revolutionary projects, the value of which will only grow.
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Disclaimer:
Any market data or commentary used here is for illustrative and informational purposes only. Don't trade with money you can't afford to lose especially with leveraged instruments. The past performance of any trading system or methodology is not necessarily indicative of future results.