5 Long-Term Crypto Investments According To Research Results And Experts
Cryptocurrency has been trusted by investors as one of the long-term investment assets. Some recommendations for long-term crypto investment according to research results and expert opinions. The cryptos below have also been discussed in the crypto asset long term investment and are the top choice for investors.
Bitcoin is one of the long-term crypto investments that people are interested in. The data reveals that 60% of bitcoins in circulation are owned by institutions and individuals who are long-term investors, where they have never sold more than 25% of the bitcoins they own in years.
Despite the ups and downs in price, bitcoin has shown steady growth. As of June 30, 2021, Coinmarketcap shows bitcoin growing from $9,228 to $35,040 in one year.
In addition, Huobi traders were also surveyed with respondents of long-term investors aged 26-50 years. The survey showed that 69% of respondents chose bitcoin as the asset they have invested in the longest (more than one year).
Bitcoin has been widely trusted by the majority of cryptocurrency investors. Support comes from various large companies such as Paypal, Tesla, Microsoft, and Google. Even in some countries like El Salvador, bitcoin has been legalized as a means of payment.
Different from bitcoin, ether is a cryptocurrency that has a network. The network can be used to develop other cryptocurrencies such as NFT, and many more.
ETH is perfect for long-term crypto investments. Some well-known investors who also choose to invest in ether are Winklevoss, Joseph Lubin, Richard Sherman, and Mark Cuban.
Binance coin (BNB)
Binance coin is one of the cryptocurrencies that became popular in 2017. After that, this crypto asset continued to experience a consistent increase even though it tends to be slow. Over the past 4 years, BNB grew from $0.10 to $303 as of June 30, 2021.
Binance coin investors revealed that some crypto investors view BNB as a better investment than bitcoin because it can earn big returns at a lower cost.
In addition, assets such as BNB and UNI are receiving positive sentiments as long-term crypto investments because they are utility tokens that are the background of their appreciation in value.
In only 3 months, UNI has increased its price up to 8 times. Like BNB, Cointelegraph also revealed that UNI is experiencing an increase in positive sentiment as a long-term crypto investment due to the usefulness of the token so that its value is relatively more appreciated.
Chain link tokens
Ether and chainlink tokens will be valuable long-term crypto investments for the next 10-20 years. This assessment is based on consideration of the asset with the least downside risk, the largest upside potential, and the scope of application of the asset.