Kane PepiAlthough many investors will look to trade crypto via a short-term strategy with the view of taking advantage of volatile pricing swings, the best way to approach this market is on a long-term basis.
This will allow you to ride out market volatility and thus – enable you to take a much more hands-off approach to crypto.
In this guide we review the best long-term crypto investments this year, covering a range of notable projects that offer an attractive upside potential.
The 13 Best Long Term Crypto Investments for 2023
A quick overview of the best long-term crypto investments for 2023 can be found below.
- Meta Masters Guild – Overall Best Long Term Cryptocurrency Available at Presale
- Fight Out – Long Term Crypto Project Looking to Disrupt the Fitness Industry
- C+Charge – Top Long term Green Crypto Offering Carbon Credits for Charging EVs
- RobotEra – Newly Launched Presale Project with Various Long Term Revenue Streams
- Tamadoge – Best Long Term Meme Coin with Multiple Use Cases
- The Uncharted – An NFT collection that grants exclusive returns from a HFT fund
- Copium Protocol – Best Crypto for Long-Term Passive Cryptocurrency Mining
- Battle Infinity – Best Crypto to Invest in 2023 for Long Term Growth
- Lucky Block – Exciting Long Term Crypto in the Crypto-Gaming Niche
- DeFi Coin – High-Potential DeFi Token with Growing User Base
- Yearn.finance – Decentralized Loan Service with Huge Potential
- The Sandbox -Popular Metaverse Coin for Long Term Growth
- BNB – Coin with Ever-Growing User Potential
Scroll down to read our in-depth analysis of the above digital asset projects. This way you’ll be able to make an informed decision when you buy cryptocurrency in 2023.
A Closer Look at the Best Crypto for Long Term Investments
We spent countless hours researching the market to find the best long-term crypto investments this year and our findings were largely based on the following core metrics:
- How established the crypto is in terms of when it was launched and the number of token holders
- The market capitalization of the project
- The potential upside that the crypto can offer for long-term investments
- Upcoming roadmap objectives and long-term project goals
- Whether the crypto token is potentially undervalued at current pricing levels
Taking the above metrics into account, our analysis of the 13 best long-term crypto investments can be found below:
1.Meta Masters Guild – Overall Best Long Term Cryptocurrency Available at Presale
The first mobile-focused Web3 Gaming guild, Meta Masters Guild (MEMAG), launched its native token on presale. Built on the Ethereum blockchain, $MEMAG will be used by platform members to access multiple cryptocurrency games and earn rewards. As the Web3 gaming space is receiving an increase in Venture Capital led investments, the MEMAG presale could be the best entry time to earn big in the long term.
Since MEMAG has a maximum supply of only 1 billion tokens, presale investors will be looking to get their hands on just 350 million tokens that have been set aside for the presale.
Along with MEMAG, Meta Masters, Guild will also introduce GEMS – an in-game currency. This token will be used to purchase items from the online store and access Premium NFT avatars within the gaming ecosystem. GEMS can also be swapped for $MEMAG tokens and staked within the ecosystem.
Meta Masters Guild will feature an NFT-based fighting game called NFT Raid. Players will leverage NFT avatars to compete against different warrior classes. One can purchase upgraded NFT characters through the online store, which offers advanced stats. There will also be a Web3 racing game called Meta Kart Racers. Currently in the development phase, this project will release its alpha version in 2023.
One of the most integral elements of this project will be the launch of Meta Masters World – the metaverse platform where players can explore an open-world environment. Meta Masters Guild’s whitepaper states that this metaverse will feature an online marketplace to trade all the in-game NFTs.
With the metaverse and Web3 market cap expected to increase in the long term, Meta Masters Guild can be the next big platform in the space. Due to the low token supply, investors are already looking to buy $MEMAG. The token is priced at $0.007 for the ongoing presale round. This price will increase to $0.023 by the seventh and final round. Meta Masters Guild aims to raise a $4.97 million hard cap.
Interested readers can follow all the developments and updates regarding Meta Masters Guild by joining the Telegram Channel.
| Presale Stage | Price | Token Allocation | Raise Value |
| Stage 1 | $0.007 | 70,000,000 | $490,000 |
| Stage 2 | $0.010 | 63,000,000 | $630,000 |
| Stage 3 | $0.013 | 56,000,000 | $728,000 |
| Stage 4 | $0.016 | 49,000,000 | $784,000 |
| Stage 5 | $0.019 | 42,000,000 | $798,000 |
| Stage 6 | $0.021 | 35,000,000 | $735,000 |
| Stage 7 | $0.023 | 35,000,000 | $805,000 |
| Total | – | 350,000,000 | $4,970,000 |
2. Fight Out – Long Term Crypto Project Looking to Disrupt the Fitness Industry
Fight Out is one of the most exciting new opportunities for long-term crypto investors. This project is taking aim at the global fitness industry with a disruptive business model that could fuel many years of growth.
Fight Out offers athletes an integrated training ecosystem that blends the physical and virtual. Users can access on-demand workouts from top fitness coaches on the Fight Out app. They can perform these workouts at home, at their local gym, or at one of 20 Fight Out gyms that the project plans to open.
As athletes complete workouts, they not only gain fitness but also earn REPS. This is Fight Out’s in-app currency that can be redeemed for rewards like merchandise, training equipment, or coaching sessions.REPS can also be redeemed for a discount on an athlete’s Fight Out subscription.
One of the neat things about the REPS move-to-earn reward is that it encourages athletes to build holistic fitness. Fight Out tracks strength, cardio fitness, endurance, technique, and more. There are weekly soft caps on how much REPS can be earned across each of these attributes, so athletes are incentivized to focus on all of them – not just strength or cardio.
Another unique aspect of Fight Out is that every athlete is assigned an avatar that gains fitness alongside them. As an athlete completes endurance workouts, for example, the avatar also gains virtual endurance.
Avatars can be used in the Fight Out metaverse to showcase an athlete’s gains and to compete with other athletes. Fight Out plans to organize combat leagues and tournaments with prizes for top athletes.
To pay for a Fight Out subscription, users can use either fiat or Fight Out’s native ERC-20 token, FGHT. Paying with FGHT offers a 25% discount on Fight Out subscriptions, which provides a lot of incentive for athletes to buy and hold FGHT. In addition, FGHT is required to pay for entries into leagues and tournaments in the metaverse. Our guide to how to buy Fight Out token explains what this could mean for the token’s future price.
Fight Out is holding a presale of the FGHT token now and it’s shaping up to be one of the biggest presales of the year. The presale will release up to 90% of the FGHT token supply and raise up to $100 million for the project.
| Presale Started | 14 December 2022 |
| Purchase Methods | ETH, USDT |
| Chain | Ethereum |
| Min Investment | None |
| Max Investment | None |
Fight Out isn’t holding many coins back because it will be funded going forward by app subscriptions and gym memberships. The app is expected to launch in Q2 2023. Athletes and investors can stay up to date on the latest project news through the Fight Out Telegram group.
At the start of the presale, investors and athletes can buy FGHT at a rate of 1 USDT to 60.06 FGHT. The price will increase as the presale goes on, so investors won’t want to wait to buy.
In addition, Fight Out is offering a volume bonus. When investors buy at least $500 worth of FGHT, they’ll get a 10% bonus paid in FGHT at the end of the presale. Investors can also stake their FGHT tokens for 6 to 24 months and earn vesting rewards in FGHT ranging from 10-25%. Check out the Fight Out whitepaper for more details on the vesting schedule.
Fight Out is one of the best move-to-earn crypto projects to ever launch and it has tremendous long-term potential. Investors can join the Fight Out presale today to buy FGHT at the lowest possible price.
3. C+Charge – Top Long term Green Crypto Offering Carbon Credits for Charging EVs
C+Charge
has developed a revolutionary electric vehicle charging payments application that enables EV owners to earn carbon credits as they charge their vehicles.
The platform quickly generated significant interest from users, raising over $320,000 USDT in just a few days following the launch of its initial presale stage. Currently, the project’s $CCHG can be purchased at a presale rate of 0.013 USDT per token. Crypto enthusiasts are advised to invest in $CCHG as the token price is expected to rise to 0.0165 USDT in the upcoming presale stage.
The innovative approach of this project enables electric vehicle owners to earn carbon credits while charging their cars. To qualify for these credits, EV drivers must use $CCHG tokens as a payment method when charging their vehicles. Once earned, the carbon credits and the $CCHG tokens can be stored in the user’s cryptocurrency wallet.
The app developed by the platform allows users to monitor their carbon credit balance. Also, it provides EV drivers with up-to-date information, such as wait times at charging stations, transparent pricing, and other relevant details.
C+Charge’s cutting-edge app has a geolocation function that allows EV drivers to locate the nearest charging station easily. Users can refer to the project’s whitepaper to gain a deeper understanding of the various features offered by the app.
$CCHG Tokenomics
$CCHG is a Binance Smart Chain-based token with a limited supply of 1 billion. The project’s presale stages offer an opportunity to purchase 40% of the total token supply.
An exciting aspect of the $CCHG tokens is that they are removed from C+Charge’s ecosystem when used to make payments for charging electric vehicles. Investors can purchase $CCHG at a presale price of 0.013 USDT per token at the time of writing. Moreover, users can stay informed by joining C+Charge’s Telegram channel.
Presale Started
16 December
Purchase Methods
ETH, USDT, Transak
Chain
Binance
Min Investment
None
Max Investment
None
4. RobotEra – Newly Launched Presale Project with Various Long Term Revenue Streams
RobotEra developed its native token, TARO, as an in-game asset and a long term crypto that enables players to earn more tokens in several ways.
To optimize returns in the long run, investors should buy this coin while it’s currently in presale.
TARO’s crypto presale is currently in the first stage with tokens available for just $0.02 each.
Once the coin enters the second stage, it will increase in value to $0.025, while the third and final stage of the presale will see the tokens sell for 60% more at $0.032.
Players use TARO tokens to buy robot NFT avatars and rebuild the planet Taro after it was destroyed following a cataclysmic event.
RobotEra players can generate income and receive passive income through a number of different avenues in the ecosystem.
After buying metaverse plots of land, players can receive rewards for mining minerals and collecting raw materials.
With no coding knowledge needed and the game featuring custom toold, players are also free to build whatever infrastructure and buildings they want on their metaverse plots.
Sounds, physics, user interaction and 3D scenes can all be added, with monetization coming from charging admission to events, selling advertising billboard space and trading the plots themselves.
Players can also build robot companions, upgrade and customize them and also sell them on the open market as NFTs.
RobotEra’s developers – who are doxxed and KYC-verified – believe new use cases and monetization opportunities will appear in time, with players largely free to develop their land how they see fit.
RobotEra, which is an LBank Labs project, also enables players to earn a passive income by staking their coins or operating independent continents.
The time to buy this coin is now because RobotEra has allocated only 15% of the total supply to the presale – just 270 million tokens.
Even fewer tokens will be available for exchanges (only 3% of total supply), with the bulk of the supply going on the treasury/DAO and rewards pool.
For more information on the tokenomics and the project read through the whitepaper or join the Telegram group.
| Presale Started | Q4 2022 |
| Purchase Methods | ETH, USDT |
| Chain | Ethereum |
| Min Investment | 1,000 TARO |
| Max Investment | N/A |
5. Tamadoge – Best Long Term Meme Coin with Multiple Use Cases
A potential investment opportunity for the long term is Tamadoge –
the native crypto asset of the Tamaverse. This is an exciting new play-to-earn platform (P2E) that allows users to create, breed and trade avatars minted as NFT tokens. The game lets users purchase Tamadoge pet NFTs and other unique items from the Tama store.
The aim of the P2E game is to grow the Tamadoge pets and eventually use them in competitions against other community members. Users that collect the highest amount of points on the monthly charts are rewarded with TAMA – the native cryptocurrency of the platform.
TAMA is a potentially great investment opportunity, as it sold out its presale and raised $19 million in just eight weeks and pumped nearly 2,000% after listing on OKX.
Unlike other meme coins like Doge, TAMA is a deflationary asset with a maximum supply of 2 billion tokens. On the other hand, Dogecoin began trading with 100 billion tokens and currently has a total supply of 132 billion.
The Tamadoge ecosystem maintains the token supply by burning 5% of all spent tokens on the Tama store.
Furthermore, 30% of the spent tokens are used for marketing purposes, while the remaining 65% is distributed among the P2E prize pools as rewards to participants.
Tamadoge plans to launch an Augmented-Reality (AR) app in the future, which will retain the same P2E dynamics as the web-based protocol.
The platform also plans to release the Tamadoge P2E Arcade – a collection of P2E games featuring Tamadoge pets. By purchasing TAMA now, users can potentially acquire the tokens before it experiences high growth in the long term.
TAMA is listed on numerous exchanges, with more in the pipeline, while development continues on its game.
To get the latest information about these huge listings, investors can subscribe to the Tamadoge Telegram channel (admins never message subscribers first).
6. The Uncharted – An NFT collection that grants exclusive returns from a HFT fund
The Uncharted NFT collection bridges the gap between real-world traditional TradFi and Web3 technologies. If you’ve ever wanted to participate in an HFT Fund that distributes consistent returns – this collection is for you.
Holding one of the NFTs from this collection provides owners with returns generated from a high-frequency trading fund with an outstanding track record.
The project is trying to open the doors for holders to large financial institutions, typically only available for high-net-worth individuals and sophisticated market traders. The HFT model was previously sold or leased to institutions, and the new NFT collection finally opened access to the software directly to private clients.
All revenue generated from the NFT sale is submitted to the project’s partnered XETA Capital Fund (XCF), specifically into the High-Frequency Trading Fund. This fund has a past performance of up to 400% per annum. It’s underpinned by a complex and secure HFT algorithm and a team of experienced traders to generate revenues for all NFT holders.
Holders of the collection are entitled to 20% returns, paid quarterly. As the HFT Fund grows, a percentage of profits is distributed to all NFT holders every quarter through an airdrop. The website has a calculator to allow investors to estimate their returns through the period.
In total, The Uncharted will have 21,000 NFTs. The first collection is The Southern Ring Nebula NFT drop, which contains 5,000 NFTs for $295 in ETH each. At current prices, the website’s calculator estimates a three-year return of over $21,700 if the owner holds the NFT for the entire duration. Remember, holders still earn quarterly returns along the way.
The Uncharted NFT journey is a three-year term of investment, compounding, distribution, and profits. At the end of the period, the funds are evenly split between the NFT holders and The Uncharted LTD.
Although the NFT specifies a three-year lock-up term, holders aren’t strictly locked in for the entire period as they always have the option to sell the NFT on secondary markets, such as OpenSea.
The HFT Fund specializes in aggressive primary FX and gold trading strategies that have allowed the fund to generate 20% per month. With a low drawdown, proven track record, and institutional grade HFT model – you won’t want to miss out on this exclusive investment opportunity.
Overall, the first NFT collection from The Uncharted is set to open up a new type of long-term investment that uses DeFi to invest in an institutional-grade TradFi HFT Fund.
7. Copium Protocol – Best Crypto for Long-Term Passive Cryptocurrency Mining
If you’ve ever wanted to participate in passive cryptocurrency mining, then Copium Protocol presents a unique long-term crypto investment opportunity for 2023.
Copium Protocol is a mining investment ecosystem that provides a simple solution to participate in passive cryptocurrency mining. It is a multi-pronged Blockchain mining investment project that seeks to revolutionize the crypto mining space by making it accessible to everybody without needing to understand technical jargon or investing in expensive mining equipment.
The entire protocol is centered around Copium Mining, a mining facility based in Otago, New Zealand. The great thing about Copium Mining is that it is powered using a surplus supply of renewable energy generated in the foothills of New Zealand’s Southern Alps.
The project will launch with the sale of the Copium Investor Pass, a collection of 10,000 NFTs on the Ethereum blockchain that will mint on November 9th, 2022. Users must purchase an Investor Pass to participate in the Copium Protocol and experience its maximum benefits.
The NFTs will be sold through a Dutch Auction via the project website at a sale price of 3.5 ETH. However, the first 2000 people to register via the project website will receive a guaranteed mint spot at a lower, fixed cost of just 3 ETH.
The revenue generated from the Investor Pass sales will be used to upgrade the equipment and infrastructure at the Copium Mining facility. In addition, the daily mining revenue generated from the facility will be used to purchase Copium Coins from the open market and sent directly to a burn address. This provides Copium Coin with sustained daily demand and makes it a deflationary asset.
Holders of the Investor Pass NFT will also be entitled to an exclusive airdrop of 10,000 Copium Coins, the native ERC-20 token that powers the ecosystem. In addition, they will be automatically entered into monthly Copium giveaways and can stake the NFT on the platform in exchange for a daily allocation of 10 Copium Coins per NFT.
Furthermore, the team will implement the Copium Staking Protocol following the launch of the Investor Pass. It will allow users to stake their Copium Coin holdings for varying high-yield interest rates over a range of periods. The higher interest rates for the staking protocol are exclusively reserved for Investor Pass holders, so you will have to get your hands on one to receive the maximum reward.
Overall, Copium Protocol removes the high barriers to entry in the passive cryptocurrency mining space and provides an innovative solution to earn from long-term cryptocurrency mining.
8. Battle Infinity – Best Crypto to Invest in 2023 for Long Term Growth
Investors looking to gain exposure to a project’s growth over the longer term may wish to consider Battle Infinity. Battle Infinity is involved in the super-popular metaverse niche – an area expected to grow rapidly in the years ahead. What’s more, Battle Infinity combines various metaverse elements with play-to-earn (P2E) gaming opportunities, creating a unique combination that will appeal to a broad audience.
Those who are part of Battle Infinity’s Telegram group will already know that this ecosystem comprises six parts. Battle Infinity’s fantasy sports league (called the IBAT Premier League) is the most prominent, integrating NFTs to increase transparency and offer a solid level of ownership. Through NFT integration, users can trade fantasy players and improve their team whilst benefitting from value increases in popular players.
This new NFT project also has a dedicated NFT marketplace where users can mint and sell artwork, along with purchasing in-game items to customize their avatars. These avatars act as each user’s in-world presence within the Battle Arena, allowing them to interact with others. This world functions through the use of $IBAT – a BEP-20 token used for transactions, staking, and other tasks.
The supply of $IBAT is capped at 10 billion tokens, i.e. is not inflationary. Given that this new crypto project is KYC-verified by CoinSniper (and SolidProof.io has audited the platform), Battle Infinity looks likely to be one of the best long-term cryptocurrencies of the year.
The IBAT presale sold out early after only 24 days and has since listed on exchanges PancakeSwap and LBank, seeing big returns for early investors. With a current cap of $40 million and more listings expected in the near future, IBAT looks set for further growth soon.
9. Lucky Block – Exciting Long Term Crypto in the Crypto-Gaming Niche
Another option for the best long-term crypto investment for 2023, as per our in-depth analysis, is Lucky Block. This project is building a mobile app and desktop software interface that will allow users from all over the world to play lottery games with lucrative jackpot prizes.
Unlike traditional lottery games, no centralized party is responsible for collecting ticket proceeds and number-drawing outcomes. On the contrary, the Lucky Block ecosystem is entirely decentralized, not least because its platform is backed by blockchain and smart contract technology.
Lucky Block will also appeal to lottery fans for its globalized offering. This is because every Lucky Block lottery game is available without jurisdictional restrictions. Naturally, this is expected to result in huge jackpot prizes when compared to conventional lotteries, which are usually offered only to citizens and residents of the respective country.
If you like the sound of what Lucky Block is building, you can invest in this project by purchasing an allocation of its native crypto token, with the LBLOCK token launched onto its first exchange in January, hitting highs of $0.009 per token – which represented an upswing of almost 6,000%, making it one of the best staking coins on the market.
LBLOCK’s price has since come down, amid the general crypto bear market, but the projec then released its LBLOCK V2 token, built on Ethereum, which eliminated the 12% trading fees of the V1 coin and allowed for easier listing on centralized exchanges.
The coin has since listed on MEXC, LBank and Gate.io with more listings expected in the near future. V1 holders will be able to convert their coins – if they so wish – to V2 when a bridge goes live on October 3.
The project also announced that a monthly 1% burn will be taking place, significantly reducing supply.
10. DeFi Coin – High-Potential DeFi Token with Growing User Base
Another long-term crypto investment to consider is DeFi Coin. As the name implies, DeFi Coin is a crypto token ingrained within the ever-growing world of decentralized finance (DeFi). Given that the sector had around $200 billion in total value locked (TVL) during the first three months of 2022, this coin has exceptional potential for the future.
DeFi Coin can be considered one of the best altcoins of the year through its link to the new DeFi Swap decentralized exchange (DEX). This DEX offers staking, swapping, and yield farming services, with DeFi Coin being the platform’s native token. Due to this, as DeFi Swap grows in stature, it’ll naturally have a knock-on effect on DEFC’s popularity – and its value.
DEFC can be used to swap into other tokens through the DeFi Swap exchange or used to generate a yield through the exchange’s liquidity pools. These pools form the foundation for how DeFi Swap can facilitate token swaps, with depositors receiving attractive interest payments for lending their tokens to the pools.
DeFi Coin holders can also benefit from the token’s manual burning program. The management team and community will decide on an appropriate point to permanently remove tokens from the total supply. This process will make the remaining coins scarcer, leading to price increases over the longer term if demand remains the same or increases. For the best crypto IDOs read our full guide today.
Another new cryptocurrency that may be worth considering is Pitbull coin. Read our guide on how to buy Pitbull coin in 2023.
11. Yearn.finance – Decentralized Lending Service with Huge Potential
Decentralized lending services are expected to play a major role in the future of finance. In a nutshell, platforms like Yearn.finance allow users to take out loans without going through a centralized operator – such as a bank. Moreover, loans are approved as soon as the borrower deposits a security deposit, so there is no requirement for any credit checks. Furthermore, YFI is also considered one of the best utility tokens to buy in 2022.
And, in terms of financing, crypto loan agreements are funded by investors. Anyone can invest in loans by simply depositing funds into the Yearn.finance platform. In doing so, a rate of interest will be paid. The specific APY depends on a variety of metrics, such as the token itself and whether or not you are happy to lock the funds away for a minimum number of days.
Cryptoassets are a highly volatile unregulated investment product.
12. The Sandbox -Best Metaverse Crypto for Long Term Growth
In addition to Decentraland and Axie Infinity, the Sandbox is a leading MetaVerse coin that aims to connect the virtual and real worlds via unique NFTs. And, at the forefront of this concept are NFTs that represent plots of land and real estate from within the Sandbox ecosystem.
In a recent example of a successful NFT sale, a user spent several million dollars in purchasing a collection of virtual islands. The investor subsequently built virtual villas on each island, before selling each NFT in the open marketplace for huge profits. And, if you like the sound of what the Sandbox offers – you can easily buy its native crypto asset – SAND. So, if you’re looking for the best crypto for long term growth in the metaverse, Sandbox is the one to watch.
Cryptoassets are a highly volatile unregulated investment product.
13. BNB – Coin with Ever Growing Usage
Previously known as Binance Coin, BNB is the crypto asset backed by Binance. It allows users of the Binance exchange – which facilitates billions of dollars in daily trading volume, to benefit from a 25% reduction in trading fees. Moreover, and perhaps most pertinently, BNB is used to pay transaction fees on the Binance Smart Chain.
This aforementioned network is now favored by up-and-coming crypto projects that are launching for the first time – such as Lucky Block. And therefore, when you consider that thousands of tokens are listed on the Binance Smart Chain, demand for BNB will likely continue to rise in the long term.
For those interested in buying BNB from Binance read our Binance review for further details on this leading crypto exchange.
Cryptoassets are a highly volatile unregulated investment product.
How to Decide Whether to HODL a Crypto
HODLing – or to HODL, is a play on the concept of ‘holding’ onto a crypto investment in the long term. In doing so, the idea is to ride out short-term volatility.
If you’re wondering whether or not you should HODL your long-term crypto investments – consider the key points discussed below.
Performance vs Broader Market
The first thing to consider when deciding on looking for the best crypto to HODL is how the digital token has performed against the broader market – which is generally compared against the price action of Bitcoin.
This is a great way to gauge the strength of your crypto asset against other projects in this industry. After all, although the vast bulk of cryptocurrencies moves in sync with the wider market, this isn’t always the case.
For example, as of writing, Bitcoin is down 30% over a 12-month period. On the other hand, BNB has increased in value by approximately 43% over the same period, which means that it has outperformed Bitcoin.
Then you have the case of Cardano, which has declined by 38% over the prior year. This means that Cardano is performing even worse than Bitcoin, so for many, it doesn’t represent a viable long-term investment. Compound coin and SafeMoon are also alternative cryptos that could become candidates for the best long term crypto investments as we move further into 2022. Additionally, some analysts have added ICP crypto to their watchlists; but could ICP crypto be a good investment moving forward?
Prior All Time High
Another great way to find the best long-term crypto investments for HODLing is to do some research on prior all-time highs. In doing so, this can extract some really useful information about the strength of your investment.
- For example, the likes of Bitcoin, Solana, the Sandbox, and plenty of other top-rated crypto projects last hit an all-time high in late 2021.
- This means that although the broader markets might be stuck in a bearish cycle, it likely won’t take too much or these projects to regain their prior peaks.
- However, you then have projects like XRP. Although there is still a strong case to be made for XRP – not least because of its solid cross-border payments network, the fact that it hasn’t hit an all-time high since early 2018 is a major red flag.
That is to say, while thousands of projects witnessed huge gains throughout 2021, XRP is still worth just a small fraction of its previous high – which was achieved more than four years ago.
Market Competition
With more than 18,000 cryptocurrencies listed on CoinMarketCap, it goes without saying that competition is now extremely fierce in the blockchain arena.
This is why it’s really important to choose projects that offer something unique. And, if it doesn’t offer something unique, it must provide a more efficient and powerful output than its main competitors.
- For example, let’s take the case of Solana. Although Ethereum is the dominant smart contract blockchain – in terms of token holders, trading volume, and the number of DApps deployed, the technology itself continues to operate inefficiently. This leads some to question if Ethereum is a good investment in the first place.
- This is mainly in terms of high fees and the inability to handle more than 16 transactions per second.
- This is why Solana made our list of the best long-term crypto investments for 2023, as its blockchain network can handle over 65,000 transactions per second at near-zero fees.
In another example, we like Lucky Block as one of the best long-term crypto investments for its unique and innovative concept – which focuses on decentralizing the global lottery industry.
How to Buy the Best Long Term Crypto Investments on eToro
Learning how to trade cryptocurrencies can be tricky but with some of the best crypto trading platforms you can buy and sell digital assets within minutes.
The other nine long-term crypto investments that we discussed on this page can be accessed at the regulated broker eToro from just $10. But it doesn’t end there, eToro supports over 55 different cryptocurrencies including Polygon, Tron, Shiba Inu and popular meme coins. For example, you can buy Dogecoin on eToro with minimal fees and copy trading tools. This leads us to the next question ‘is Dogecoin a good investment?‘ read our analysis for further details.
Some market analysts also consider Litecoin to be a great long term crypto investment as it has an ROI of 2538.72% since its inception in 2015.
Opening an account, making a fee-free USD deposit, and buying your chosen crypto takes just a few minutes to complete. Before you get started, if you’re wondering how much to invest in crypto right now then our helpful guide is a must read.
Step 1: Open an Account
First, open an account with eToro. This will require some information from you – such as your name, home address, and contact details.
You will also need to verify both your cell phone number and email address.
Cryptoassets are a highly volatile unregulated investment product.
Step 2: Verify Account
Next, upload a copy of your passport, state ID, or driver’s license for KYC verification purposes. You also need to upload a recently issued document that validates your home address. For instance, a bank statement or electricity bill.
Step 3: Deposit Funds
You will now be asked to choose your preferred payment method for funding your eToro account. Options include e-wallets like Paypal, ACH, Visa, MasterCard, and more.
If you’re depositing funds in USD, no fees will be charged on any of the payment methods supported by eToro.
Step 4: Search for Crypto
Next, search for the crypto that you want to buy.
In the example above, we are looking to buy Yearn.finance.
Step 5: Buy Crypto
The minimum investment at eToro is just $10 when buying crypto. In the ‘Amount’ box, let eToro know how much you want to risk.
In our example above, we are buying $100 worth of Yearn.finance tokens. Finally, click on the ‘Open Trade‘ button to make your investment.
Conclusion
The most viable method to consider adopting when investing in crypto is a long-term buy-and-hold strategy. Otherwise referred to as HODLing, this will enable you to ride out volatile short-term waves.
Based on our analysis, Meta Masters World (MEMAG) has the most potential as a long-term crypto investment. This Web3 gaming project will feature Exciting games with a focus on mobile-centric gameplay. $MEMAG, the native token, has just started its presale round. At press time, $MEMAG is available to buy for just $0.01 USDT per token.
Meta Masters Guild - Next Big Crypto Game
FAQs on Long Term Crypto Investments
Can you invest in crypto long-term?
Which cryptocurrency is best for long-term investment?
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Read more:
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This article was written for Business 2 Community by Kane Pepi.
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