07.12.2023 13:30Author: Viacheslav Vasipenok

Cryptocurrency for a Long-Term Investment

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There are currently over 21,000 distinct cryptocurrencies available to buy or trade. While it can be challenging to determine the optimal allocation of your cryptocurrency holdings in order to maximize your long-term crypto investments even under the best of market conditions, doing so during a bear market can be extremely stressful.


5 Long-Term Crypto Investments to Consider

Bitcoin (BTC)

Cryptocurrency for a Long-Term InvestmentWhen considering total market value, Bitcoin easily outpaces all other digital currencies. You should include it in your long-term crypto investment portfolio because it has become more of an investment haven than a currency.

Bitcoin’s recent price drop to around $16,000 from a yearly high of over $51,000 demonstrates the asset’s volatility when it is tracked from day to day.

However, at one point last year, it was the best-performing investment asset of the previous 10 years. Since the value of any given cryptocurrency might fluctuate rapidly, it may make sense to invest in the original and most valuable crypto for the long term.

Ethereum (ETH)

Cryptocurrency for a Long-Term InvestmentWhen considering total market cap, Ethereum is the second-largest cryptocurrency. Ethereum has emerged as one of the greatest platforms for decentralized software, commonly known as dApps, and its token may be used as a store of value, similar to bitcoin.

Ethereum’s recent upgrade, “The Merge,” changed the network’s consensus mechanism from a proof-of-work to a proof-of-stake system.

According to the Ethereum website, the upgrade will enhance the network’s scalability, security, and longevity.

Cardano (ADA)

To diversify your cryptocurrency portfolio, consider purchasing Cardano. According to CoinMarketCap, Cardano’s growth has been exponential since its recent “hard fork,” or update to its protocol, when more than 100 smart contracts were published on the network. According to CoinDesk, a network upgrade on September 22 increased speed and programmability without compromising security.

BNB

The Binance Network Token (BNB) was formerly known as Binance Coin. It provides a discount of 25% on trading fees for customers of the Binance exchange, which processes a daily trading volume of billions of dollars. And probably most importantly, BNB is utilized to pay transaction fees on the Binance Smart Chain. When you think about the dozens of tokens that are listed on the Binance Smart Chain, it’s easy to see why BNB is in such high demand.


Quasacoin (QUA) is the First Cryptocurrency That Brings People Together.

quasa coin token 1​QUASA is a decentralized network connecting Freelancers and Customers together. $QUA is the governance token of the QUASA platform.

In the QUASA network, there are two participants: Freelancers and Customers.
Freelancers need to install the Quasa Connect mobile app to start completing Tasks.

Tasks: This is the job that Freelancers want to do.
Tasks are added to QUASA by Сustomers who need help.

​​quasa coin token 2Quasacoin (QUA) is an internal platform ecosystem token that is implemented on the Ethereum blockchain and is compatible with all ERC-20 wallets. 

The use of QUA tokens is a prerequisite for working on the QUASA platform.

Monetization of QUASA services occurs at the last stage of each case of successful completion of the task by any performer in the form of a reward, instantly increasing the demand for QUA tokens.

Quasacoins (QUA) Value Is Supported By Real Services Offered By QUASA Metaverse.

Quasacoin (QUA) has successfully debuted on crypto exchanges: Uniswap, SushiSwap, Balancer and on dozens of other exchanges, read here

QUA token smart contract address - https://etherscan.io/token/0x4daeb4a06f70f4b1a5c329115731fe4b89c0b227

​​Token Info:

  • Name: Quasacoin;
  • Symbol: QUA;
  • QUA liquidity positions are represented on Uniswap in the form of non-fungible tokens (NFT).

The technologies used in QUASA eliminate the problem of trust, information barriers and legal costs. By using a trusted environment, unnecessary workflow is eliminated, the cost of completing tasks for clients is reduced, and the performers earn more.

The Quasa Connect app is available for all versions of Android.


Conclusion

If you’re looking for a long-term crypto investment that will help you achieve your financial goals, buy cryptocurrencies whose value will increase over time.

In order to maximize their returns, long-term investors typically hang onto their investments for a number of years, if not decades. Investment in cryptocurrency over the long run can be a good choice for those anticipating a boom in blockchain-based technologies.

It is important to remember, however, that cryptocurrency investments are very volatile and have a number of hazards, including the possibility of having your wallet stolen. To that end, before placing your money into the cryptocurrency market, ensure you fully grasp what it is you’re investing in.

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