Rajeev Sharma

Rajeev Sharma

1661260495

Can Cryptocurrencies be Considered a Long-term Investment?

Cryptocurrencies refer to digital currencies that are generally traded on a blockchain, which is a decentralized distributed ledger containing information that is available and accessible publicly. Cryptocurrencies are generally used either as a currency to buy access or things or as a utility token designed for a particular purpose such as granting access to a specific platform.

Cryptocurrencies are generally considered a good investment option to make quick returns. This is because these digital currencies are highly volatile and their values change very abruptly. So, investors/traders can make great profits in a very short time. However, there is a significant risk involved with crypto trading because the price may also drop significantly and abruptly, which means investors can lose all their money in an instant. You can consider it like intraday trading in the stock market.

Investing in cryptocurrencies

There are two ways to invest in cryptocurrencies – short-term and long-term.

Short-term investing in cryptocurrencies is also called trading, where the investment horizon is generally a day or so, and the investor wants to make as much profit as they can in a short period of time. As one can imagine, this type of crypto investment is full of risks and may not be suitable for everyone.

Then comes long-term investing in crypto, where the investment horizon is a minimum of one year or so. Cryptocurrencies generally have a higher long-term investing horizon because they are more volatile than any regulated currency or an asset like stocks.

However, people often wonder whether it is actually a good idea to invest in crypto for the long term. Can you make similar or better profits from crypto in the long term? We think so. Here’s why.

Why are cryptocurrencies a good long-term investment?

The process of investing in cryptocurrencies for the long term, which is commonly referred to as holding or HODLing in crypto slang, involves buying and holding cryptocurrencies for at least one year before you could sell them, hopefully for a profit. The idea is that over the long term, the market ups and downs get even and there is a good chance to end up in profit. In other words, it’s a good way to reduce the risk involved in the trading of cryptocurrencies. There are other benefits as well.

If you check the historical data of stocks and cryptocurrencies, the average annual returns in the case of cryptocurrencies are much higher, about 30-40% per year as compared to 11-12% returns of market-linked equities.

Another benefit of long-term investing in crypto is that you can save huge on trading fees. Since you will not be trading or making transactions very frequently when investing for the long term, you need not pay trading fees to exchanges. At the same time, long-term investing removes the emotional factor, which happens to be a major reason for the loss in trading markets.

Lastly, there are some really good cryptocurrencies and projects that can give maximum benefits and returns only when you stay invested for the long term. For example, the Greeny token is a utility token backed by the Green Uni Network project, which aims to make it affordable and accessible for everyone to get genuine European diplomas irrespective of their financial status. The project is under development and will take at least a year to show actual progress, but the tokens are already in the market and can be purchased right now under the offer price (with a special bonus offer in the presale). In a year or so, investors of the Greeny token will see really amazing profits once the project is launched in the market.

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Can Cryptocurrencies be Considered a Long-term Investment?
steve joseph

steve joseph

1654674298

Top new cryptocurrencies to invest in June – 2022

June – is the month of new beginnings, and what better way to start off fresh than by investing in one (or more) of the many new cryptocurrencies that have recently hit the market? In this article, we’ll give you our top picks for the best cryptocurrencies to invest in for June of 2022.

Solana:

  1. Solana is a new cryptocurrency that is quickly gaining popularity. It is based on the Ethereum blockchain and utilizes Proof of Stake (PoS) to validate transactions. This makes it more energy-efficient than other PoW-based currencies.
  2. Solana has a very fast transaction speed. It can handle up to 65,000 transactions per second. This is much faster than Ethereum, which can only handle around 15 transactions per second.
  3. Solana has a strong team of developers behind it. The team includes former employees of Google, Facebook, and PayPal.
  4. Solana is already being used by some major companies, such as Coinbase and Binance.

Overall, Solana is a very promising new cryptocurrency. Its fast transaction speed, strong team of developers, and major company partnerships make it a good choice for investors looking for a new currency to invest in.

Hashpe:

Hashpe is a new cryptocurrency that was created in June of this year. It is based on the Bitcoin protocol, but it has some unique features that make it different from Bitcoin.

For one, Hashpe uses a different mining algorithm than Bitcoin. This means that it is more resistant to ASIC miners, which are specialized hardware that is designed for mining Bitcoin. This makes Hashpe more accessible to regular people who want to mine cryptocurrency.

Hashpe also has a built-in privacy feature called “zk-SNARKs.” This allows transactions on the Hashpe network to be private and secure.

Overall, Hashpe is a promising new cryptocurrency with some unique features that make it worth investing in.

Shiba Inu:

Shiba Inu is a new cryptocurrency that was created in August 2020. It is an Ethereum token that was created as a parody of the popular Dogecoin. However, Shiba Inu has quickly gained popularity in its own right and is now one of the top 10 cryptocurrencies by market capitalization.

Investors are attracted to Shiba Inu because it has a very low supply of only 21 billion tokens. This compares to other popular cryptocurrencies like Bitcoin, which has a supply of 21 million. This limited supply means that Shiba Inu could potentially increase in value over time as demand increases.

Shiba Inu also has a very active community on social media. The coin has its own Twitter account with over 400,000 followers and an active Telegram group with over 8,000 members. This community helps to generate interest and awareness of the coin, which could lead to more people buying it.

Overall, Shiba Inu is a promising new cryptocurrency with a lot of potentials. Its low supply and active community could help it to increase in value over time.

Saitama Inu:

Saitama Inu is a new cryptocurrency that was created in June of 2020. The team behind Saitama Inu is anonymous, but they are based in Japan. The currency is named after the Japanese anime character Saitama, who is known for his strength and power.

Saitama Inu has a total supply of 10,000,000,000 tokens and a circulating supply of 1,000,000,000 tokens. The currency is currently trading at $0.000016 USD.

The Saitama Inu team has plans to use the currency to build a decentralized social media platform. The platform will be called Soar and it will allow users to earn rewards for creating and sharing content.

So far, the team behind Saitama Inu has been very active on social media and they seem to be very committed to their project. The currency has a lot of potentials and it will be interesting to see how it develops over time.

Tezos:

Tezos is a new cryptocurrency that offers several unique features that make it an attractive investment. For one, Tezos uses a proof-of-stake algorithm instead of proof-of-work. This means that Tezos is more energy-efficient than other cryptocurrencies.

Another key feature of Tezos is its on-chain governance system. This system allows holders of Tezos tokens to vote on changes to the protocol. This helps to keep the Tezos network decentralized and responsive to the needs of its users.

Finally, Tezos has a strong development team behind it. The team is led by Arthur Breitman, who has a background in mathematics and computer science. This gives Tezos a solid foundation on which to build and grow.

Overall, Tezos is a promising new cryptocurrency with several unique features that make it worth investing in.

Cronos:

Cronos is a new cryptocurrency that was launched in June of 2018. Cronos is designed to be a more stable and secure form of currency than Bitcoin. It uses a Proof-of-Stake system, which means that users earn rewards for holding Cronos coins in their wallets. This helps to keep the currency more stable than other cryptocurrencies that use a Proof-of-Work system.

Cronos is also a very fast cryptocurrency. Transactions take only seconds to confirm. This makes it ideal for people who want to use cryptocurrency for everyday purchases.

Investors are bullish on Cronos, and the currency has already seen significant growth since its launch. If you’re looking for a new cryptocurrency to invest in, Cronos is a good option.

Conclusion:

If you’re ready to invest in cryptocurrency, exchanges are the most secure and user-friendly way to purchase, sell, and trade digital assets.

Koinbazar is the best leading cryptocurrency exchange in the world because it offers a number of unique features compared to other exchanges.

Koinbazar offers a wide variety of cryptocurrencies to invest in, including Bitcoin, Ethereum, Litecoin, and more. They also offer a variety of different payment methods, so you can choose the one that best suits your needs.

For one, Koinbazar allows users to trade in Indian rupees. This is important because it means that users do not have to convert their currency into another currency (such as US dollars) before trading. This makes the trading process simpler and more convenient.

Another unique feature of Koinbazar is that it offers a mobile Android and iOS app. This is convenient for users who want to trade on the go. The app is also very user-friendly and easy to navigate.

In addition, Koinbazar has low trading fees. It also offers a referral program, which gives users a 10K Shiba Inu (SHIB) if they refer new users to the platform.

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Amara Sophi

Amara Sophi

1593680226

Kickstart your Reliable Cryptocurrency Exchange Business in 2020!

If you have an idea to start your cryptocurrency exchange website with the most trendy and essential features choose the best cryptocurrency exchange soltuion like Coinjoker.

Coinjoker is the leading Cryptocurrency Exchange Development Company, that pioneer in developing a high-end cryptocurrency exchange/trading website platform with whitelabel Exchange Development solutions. This Whitelabel solution helps to start your own cryptocurrency exchange platform at cost-effective budget. You can also get topmost business modules like crypto wallet development, popular crypto exchange clone scripts, cryptocurrency mlm software development, smart contract development, crypto trading bot, Token development, Dapp Development and more.

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Whether If you want to build your exchange platform from scratch or to leverage white label exchange development solutions, we can help and assist you. Our customized crypto development solutions will accomplish your business goals and make a way for your long term success.

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Lucas Mason

Lucas Mason

1659439852

How To Invest In Cryptocurrency? Guidelines

Tips For Investing In Digital Currency For New Traders

Would you like to start profitably investing money? Well, cryptocurrency is a perfect choice. The Crypto offers you a chance to invest and obtain a great return.

Visit Our Blog🌐👇
https://www.cryptocustomercare.org/how-to-invest-in-cryptocurrency/

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How To Invest In Cryptocurrency? Guidelines

How To Invest In Cryptocurrency?

People are willing to use cryptocurrency as a great investment option today. Investors and traders wish to invest in cryptocurrency for many reasons to acquire a stunning return in future

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How To Invest In Cryptocurrency? by Ashley Nicole

Tips For Investing In Digital Currency For New Traders

Would you like to start profitably investing money? Well, cryptocurrency is a perfect choice. The Crypto offers you a chance to invest and obtain a great return.

Visit Our Blog🌐👇
https://www.apsense.com/article/how-to-invest-in-cryptocurrency.html

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