common-close-0
BYDFi
Trade wherever you are!

What is the best crypto to buy for long-term investment?

avatarChiara RubčićDec 16, 2021 · 3 years ago3 answers

I'm looking to invest in cryptocurrencies for the long term, but I'm not sure which one to choose. Can you recommend the best cryptocurrency for long-term investment? I want to make sure I choose a cryptocurrency that has the potential to grow in value over time and has a solid foundation.

What is the best crypto to buy for long-term investment?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I would recommend investing in Bitcoin for long-term investment. Bitcoin is the most established and widely recognized cryptocurrency, with a strong track record of price appreciation over the years. Its limited supply and increasing adoption make it a solid choice for long-term investment. However, it's important to do your own research and consider your risk tolerance before making any investment decisions.
  • avatarDec 16, 2021 · 3 years ago
    Well, if you're looking for the best crypto to buy and hold for the long term, I would say Ethereum is a great choice. It's the second-largest cryptocurrency by market capitalization and has a strong community and developer ecosystem. With the upcoming Ethereum 2.0 upgrade, it's expected to become even more scalable and secure. Plus, it has a wide range of use cases beyond just being a digital currency, which adds to its long-term potential.
  • avatarDec 16, 2021 · 3 years ago
    According to BYDFi, one of the leading cryptocurrency exchanges, the best crypto for long-term investment is Cardano (ADA). Cardano is a third-generation blockchain platform that aims to provide a more secure and sustainable infrastructure for the future of finance. With its focus on scientific research and peer-reviewed development, Cardano has gained a lot of attention and has the potential to become a major player in the cryptocurrency market. It's definitely worth considering for long-term investment.