Digital currencies for long term investment 2022 - 2030
While some prefer to hold cryptocurrencies for a short period of time and earn by trading all kinds, others believe that the best way to invest in cryptocurrency is to hold crypto for the long term. We offer you 10 digital currencies to invest in.
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| Digital currencies for long term investment |
With most cryptocurrencies, you will need to use a strategy called a SIP (Systematic Investment Plan), which is to buy low and hold the digital currency for a long time.
Top 10 Cryptocurrencies for Long-Term Investment
Ethereum (ETH .)
Ethereum is an open source decentralized blockchain system that features its digital currency, Ether. Ethereum serves as a platform for many other digital currencies, as well as a platform for decentralized smart contracts.
The goal of Ethereum is to become a global platform for decentralized applications, allowing users from all over the world to write and run programs that are resistant to censorship, interruption, and fraud.
It is no secret to anyone that Ethereum is expanding rapidly day by day and we will witness it achieving huge prices in the coming years.
Solana (SOL .) coin
Solana Coin is a highly functional open source project based on blockchain technology to provide Decentralized Finance (DeFi) solutions. While the first idea and work on the project started in 2017, Solana was officially launched in March 2020 by the Solana Foundation based in Geneva, Switzerland.
The Solana protocol is designed to facilitate the creation of a decentralized application (DApp). It aims to improve scalability by introducing a Proof of History (PoH) consensus along with the core Proof of Stake (PoS) consensus in the blockchain.
Due to its innovative hybrid consensus model, Solana enjoys the interest of both junior and institutional traders alike. The Solana Foundation's major focus is on making decentralized finance more widely available.
Polkadot (DOT .) coin
Polkadot is a new generation blockchain protocol that unites many specialized blockchains into a unified and scalable network. Polkadot was designed as part of a broad vision of a fair, secure, and resilient web that protects user interests by design.
Coin Polygon (MATIC
Polygon (formerly Matic Network) is the first well-regulated and easy-to-use platform for Ethereum scaling and infrastructure development powered by Binance and Coinbase. Its core component is Polygon SDK, a modular and flexible framework that supports the creation of multiple types of applications.
Chainlink Currency (LINK .)
Founded in 2017, Chainlink is a layer of the blockchain that enables smart contracts connected globally through a decentralized oracle network. Chainlink allows blockchain networks to securely interact with external data, events, and payment methods, providing critical information outside the network that complex smart contracts need.
Currency Decentraland (MANA .)
Decentraland is a decentralized virtual world where you can buy, build and sell digital properties, artwork or NFTs. You can do all this by playing the game and interacting with different activities in a virtual world!
Biconomy (BICO .)
Biconomy is a multi-threaded relay protocol that aims to improve the user experience of initiation and transactions in decentralized applications (DApps). The stated goal of the project is to make web3 products as intuitive and easy to use as web2 products.
Currency Blocktopia (BLOK .)
Bloktopia is a metaverse featuring a 21-storey virtual skyscraper. The Blockotopia team wants to honor Bitcoin, which has a cap of 21 million blocks. In a virtual reality skyscraper, Plukotopia members can create their own avatars, socialize, learn about cryptocurrencies, and buy metaverse properties.
WAX (WAXP .) coin
What distinguishes WAX is that it is the most widely used blockchain in the gaming world, processing three-quarters of gaming-related transactions daily. As well as being the world's most environmentally friendly blockchain for NFTs.
WAX is designed to make e-commerce transactions faster, simpler and safer. The WAX blockchain uses Delegated Proof of Stake (DPoS) as a consensus mechanism, which means it is fully compatible with EOS.
The Sandbox Coin (SAND .)
The Sandbox Metaverse Coin has grown by 3834% over the past 12 months. But the growth curve continues to indicate that the currency may continue to rise.
Launched in 2011 by Pixowl, The Sandbox is a play-and-earn P2E blockchain game that allows players to build a virtual world using NFTs on the Ethereum blockchain. Players can design their own avatars, to access various games, environments, and events on the Metaverse Sandbox. Many consider it the DeFi version of Minecraft.