Investing long-term in any financial asset, including cryptocurrency, can be the simplest way to invest. Many investors make millions of dollars already by investing in crypto assets, although this is a new addition in the financial market. It is difficult for novice traders to hold any asset for longer after increasing 50%+ positive move in any direction.
However, it is worth checking on several factors while choosing any asset for long-term investments alongside knowing the marketplace. This article will introduce you to the top five blockchain crypto coins worth buying and HODL now for a specific time.
How to choose crypto assets for the long-term?
When it comes to an assessment of any cryptocurrency for the long-term value, it is mandatory to check that asset from different angles, such as:
- Utility value
Check on use cases, purpose, and usefulness. When the asset has a high utility value, people will adopt that crypto and be worth making long-term investments.
- Market share
Check on the market share as significant market share indicates a dominant position of any crypto coin.
- Transaction value
Check on transaction value as people frequently transact any crypto means adopting increases. There it indicates positive long-term investment assets.
- Market news
Check on fundamental info if any problems or issues can affect your long-term profitability.
- Technology development
Positive technology development will increase the adoption rate of any crypto coin.
The top five blockchain crypto to buy and HODL now
Blockchain technology introduces us to many crypto coins, and the top five potent crypto coins for long-term investments among them are:
- Bitcoin (BTC)
- Ethereum (ETH)
- Uniswap (UNI)
- Cardano (ADA)
- Chainlink (LINK)
Bitcoin (BTC)
What is Bitcoin?
Bitcoin is a decentralized digital currency based on cryptography. Satoshi Nakamoto first described this platform in 2008 by writing on the whitepaper. The native token of this platform, BTC, is floating near $40073.78 today with a 24-H trading volume of $23,639,534,107. This coin is currently available on many major exchanges, including CoinFLEX, Binance, FTX, BitCoke, and OKX.
Other information is mentioned below:
- Fully diluted market cap: $840,815,565,066
- Live market cap: $759,219,808,720
- Circulating supply: 18,962,118.00 BTC
- Total supply: 18,962,118 BTC
- Max supply: 21,000,000 BTC
- Volume / market cap: 0.03138
How does BTC work?
Bitcoin allows it to operate on a peer-to-peer network to make transactions without involving any intermediary. It is the first cryptocurrency that comes to the marketplace, and people use it as a decentralized store of value like gold rather than any other fiat currency.
Ethereum (ETH)
What is Ethereum?
Ethereum is an open-source blockchain platform for decentralized applications. It is only next to Bitcoin and second-largest in the crypto industry when you measure it by market capitalization. This platform supports smart contracts. Vitalik Buterin first described this platform in 2013 by writing on the whitepaper. The native token of this platform ETH is floating near $2785.58 today with a 24-H trading volume of $15,038,569,595. This coin is currently available on many major exchanges, including FTX, Binance, OKX, BitCoke, and CoinFLEX.
Other information is mentioned below:
- Fully diluted market cap: $333,990,465,126
- Live market cap: $333,170,080,027
- Circulating supply: 119,635,367.19 ETH
- Total supply: 119,635,367 ETH
- Max supply: not available
- Volume / market cap: 0.04509
How does ETH work?
This platform works for executions of decentralized smart contracts alongside working as a platform for numerous other cryptocurrencies.
Uniswap (UNI)
What is Uniswap?
Uniswap is a DEX platform that is a perfect example of AMM. Ethereum developer Hayden Adams is the creator of this platform. The launching period of Uniswap is Nov 2018. The native token of this platform UNI is floating near $10.107 today with a 24-H trading volume of $303,694,255. This coin is currently available on many major exchanges, including CoinFLEX, Binance, FTX, OKX, and BitCoke.
Other information is mentioned below:
- Fully diluted market cap: $10,124,273,596
- Live market cap: $6,404,026,622
- Circulating supply: 632,541,837.34 UNI
- Total supply: 1,000,000,000 UNI
- Max supply: 1,000,000,000 UNI
- Volume / market cap: 0.04681
How does UNI work?
Uniswap makes it easy to swap any ERC-20 token with another ERC-20 without involving any intermediary. It facilitates the automated trading of DeFi tokens.
Cardano (ADA)
What is Cardano?
Cardano is a blockchain-based POS platform that aims to allow “innovators, changemakers, and visionaries” to bring positive change to the world. The foundation period of this platform is 2017. The native token of this platform ADA is floating near $0.9898 today with a 24-H trading volume of $1,268,047,726. This coin is currently available on many major exchanges, including FTX, Binance, BitCoke, and OKX.
Other information is mentioned below:
- Fully diluted market cap: $44,609,754,010
- Live market cap: $33,335,004,545
- Circulating supply: 33.63B ADA
- Total supply: 34,105,094,650 ADA
- Max supply: 45,000,000,000 ADA
- Volume / market cap: 0.03788
How does Cardano work?
This platform will allow complex programmable transfers of value in a scalable and secure fashion. It is developing a smart contract platform that seeks to deliver more advanced features than previous protocols.
Chainlink (LINK)
What is ChainLink?
It is an open-source blockchain protocol. Steve Ellis and Sergey Nazarov are the co-founders of this platform. The foundation period of ChainLink is 2017. The native token of this platform LINK is floating near $15.14 today with a 24-H trading volume of $612,410,094. This coin is currently available on many major exchanges, including FTX, Binance, OKX, BitCoke, and CoinFLEX.
Other information is mentioned below:
- Fully diluted market cap: $15,173,220,894
- Live market cap: $7,086,039,055
- Circulating supply: 467,009,549.52 LINK
- Total supply: 1,000,000,000 LINK
- Max supply: 1,000,000,000 LINK
- Volume / market cap: 0.08659
How does ChainLink work?
It is one of the first blockchain networks that enable the integration of off-chain data into smart contracts. It is a framework for building DONs (Decentralized Oracle Network) that provides several decentralized services such as Proof of Reserve, the ability to connect to any web API Price Feeds, Keepers, and Verifiable Randomness.
Pros & cons of the long-term investment & trading
| Pros | Cons |
|
|
|
|
|
|
Final thought
These are the most potential crypto assets to make investment and HODL. We suggest researching the market more, formalizing yourself with the blockchain, and following the news events to determine the best crypto coins worth investing in and HODL.