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.
Bitcoin
- Ticker: BTC
- Market Cap: $550 Billion
- Supply: 19.3 Million BTC (21 Million Supply Cap)
- Type: Store of Value
- Launched: Q1 2009
If crypto was a religion, Bitcoin would be its lord and savior. The big cheese and creator of the first decentralized money is the mainstay of any good portfolio. When it comes to longevity, the undisputed champion of being the best long-term crypto is Bitcoin. Bitcoin has been around long enough to see it all.
Since the very first Bitcoin was mined, the technology has faced one attack after another. From attempts to cause dissonance through network forks, insolvent exchanges, and mining monopolies, all the way up to attacking Bitcoins value proposition and disregard for regulation. Each attempt has only resulted in strengthening Bitcoin. With a deflationary system of issuing coins, Bitcoin maintains long-term monetary sustainability that does not allow anyone to devalue it. Bitcoin has one of the easiest and most user-friendly experiences. There’s a large variety of reliable Bitcoin-only wallets available on the market. Making Bitcoin the perfect way for anyone to start their crypto journey. To incentivize network participants, anyone can purchase a Bitcoin miner and earn rewards for helping to secure the network. As the creator of decentralization, Bitcoin makes sure every participant’s voice is heard and will always be the best long-term crypto.
To learn more about Bitcoin, check out “What is Bitcoin.”
Ethereum
- Ticker:…
Jesse is a passionate seeker of truth who enjoys educating others about Bitcoin.
As a free thinker and 2nd amendment advocate, Jesse believes each individual has the right to monetary freedom.
“The swarm is headed towards us” -Satoshi Nakamoto
