With endless choices available for crypto enthusiasts, deciding on the best long-term crypto to hold is never easy. So this week, I’ve compiled a list of the best cryptocurrency blue chips with a proven track record of being significant market competitors. Everything is not always as it appears when looking for the best long-term crypto, aside from Bitcoin and Ethereum, the most obvious choices. Other valuable assets are available to position yourself for long-term success.
There are many important factors to consider when making this decision, including longevity, sustainability, ease of use, community incentives, and decentralization. These five factors should always be the basis of your comparison. Plotting our course from this baseline will ensure we don’t accidentally invest in a dead coin or futureless project. Saving us from wasting valuable time and resources.
Moving past the two obvious choices for any good long-term portfolio. We will discuss why Polygon, Uniswap, and Chainlink are some of the best long-term cryptos to consider for success. In doing so, you’ll understand why diversifying a portfolio into different sectors is essential. With Bitcoin as the world's best store of value, Ethereum as our Layer 1 DeFi powerhouse, Polygon as the biggest Layer 2 solution, Uniswap being the largest Decentralized Exchange, and Chainlink allowing reliable data feeds for all networks. You have a tremendously strong foundation to build from.
In traditional finance, these are considered blue chips, assets that carry faithful returns over prolonged periods of time. Companies like Apple, Coca-cola, Microsoft, and other recognizable industry titans fall into this category. New or untested technologies can’t be considered long-term prospects because their performance is unknown and can only be speculated.