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Home Bitcoin News

5 Best Cryptocurrency to Watch and Invest in 2022

Hania by Hania
August 9, 2022
in Bitcoin News, Altcoin News, General News
Reading Time: 5 mins read
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5 Best Cryptocurrency to Watch and Invest in 2022
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Without a doubt, the sector that has generated the most revenue over the past 10 years has been cryptocurrencies and blockchain technology. With over 10,000 different digital assets to pick from, which one do you think will be the next big winner that will make people millions and make them appear like Peter Thiel with a glass ball?

The best way to is with a long-term perspective, despite the fact that many investors will look to trade cryptocurrencies using a short-term strategy in the hopes of profiting from the violent price swings that are certain to occur.

Because of this, you will weather the volatility of the market, and as a result, you will be able to take a far less active role in the cryptocurrency market. In this article, we will see the most profitable crypto investments for the long term in 2022.

Top five cryptocurrencies 

Bitcoin

5 Best Cryptocurrency to Watch and Invest in 2022

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Bitcoin is frequently regarded as a hedge against the more general financial markets, despite the fact that there is still a huge amount of upside potential left with regard to this digital currency.

The reason for this is that, similar to gold, there is a limited amount of bitcoins, which will be exhausted when there are only 21 million tokens in circulation (about in the year 2140).

When looked at day by day, the price of bitcoin is a very volatile asset. This is shown by the fact that it recently dropped below $18,000, from a high of over $68,000 a year ago. Even so, it has had the best return on investment of any asset class over the past 10 years.

Furthermore, a recent enhancement to the network’s functionality will make the platform more usable, which may cause the coin’s value to increase.

Because of this, some people believe that Bitcoin is more suited as a long-term store of wealth than it is as a means of exchange. When using the widely used cryptocurrency exchange eToro, the only thing you need to risk is ten dollars in order to invest in the digital asset that is currently the most valuable in the world.

Because of this, when you purchase Bitcoin with eToro, you will only be purchasing a small part of a single token, which is perfect for investors who are working with limited financial means.

Uniswap

5 Best Cryptocurrency to Watch and Invest in 2022

The Uniswap project is a decentralized exchange (DEX) made up of smart contracts that run on the Ethereum blockchain. Uniswap gives its users an incentive to keep the exchange’s liquidity high by giving them a share of the transaction fees and newly created UNI tokens.

The main idea behind a DEX like Uniswap is that traders can buy and sell cryptocurrency without the help of a third party. The AMM (automated market maker) model, which is powered by smart contract agreements, makes this possible. So, Uniswap could be one of the best long-term crypto investments for 2022 if you think decentralized trading is the way of the future.

BNB

5 Best Cryptocurrency to Watch and Invest in 2022

Binance Coin (BNB) is the native coin on both the Binance Chain and Binance Smart Chain.

Binance Coin was created to pay for Binance trading fees. Now BNB is one of the best utility tokens that can be used across blockchain and non-blockchain organizations. Binance Coin pays for commodities, property, travel, and internet services.

This previously mentioned network is currently chosen by upcoming cryptocurrency projects that are debuting for the very first time, such as Lucky Block.

When you consider the fact that hundreds of tokens are already listed on the Binance Smart Chain, it stands to reason that demand for BNB will likely continue to increase over the course of the long run.

Qi Blockchain 

5 Best Cryptocurrency to Watch and Invest in 2022
source: benqi.fi

Qi Blockchain (Qi) is a public blockchain network featuring smart contract scripting. Qi’s trading symbol is “QIE.” Qi is ready for Web 3.0, Metaverse, low-transaction NFTs, and Defi.

Qi can handle 300 times more transactions per second than Bitcoin and 10 times more than SWIFT using a safe consensus technique.nReach Capitis Laysan and VortX Capital support Qi’s ecosystem.

Qi is used as a key payment option in various apps and has the world’s lowest NFT marketplace with genuine use cases on its platform, Hovr. VortX aims to deploy Qi in play-to-earn NFT games and a remittance solution.

Relatable: TOP 5 BEST NFT GAMES (OR NTF EARNING GAMES)

Qi is a layer 1 blockchain with smart contract capabilities that solves high fees and scalability. Future Qi mining using smartphones could make it even more environmentally beneficial. Qi is a blockchain infrastructure solution to watch, given the ecosystem’s strong collaborations.

VortX Capital, the world’s largest holder of Qi, plans to become the first blockchain-based corporation to IPO in the second largest continent. Qi is a decentralized, secure, eco-friendly, and developer-friendly blockchain.

Given Qi’s supremacy, even at half the growth of Bitcoin and 10x the functionality, experts anticipate a price of 3000 USD per coin within 5 years. There are only 150 million total tokens.

The Sandbox

5 Best Cryptocurrency to Watch and Invest in 2022

In addition to Decentraland and Axie Infinity, the Sandbox is another leading MetaVerse coin that attempts the use of one-of-a-kind non-fungible tokens. NFTs, which are used to represent parcels of land and other forms of real estate found inside the Sandbox ecosystem, are also at the forefront of this notion.

A customer recently spent several million dollars acquiring a collection of virtual islands, which is an example of a successful non-fungible token (NFT) transaction. After that, the investor constructed virtual villas on each island and then sold each NFT on the open market for enormous profits.

In addition, if you like the sound of what the Sandbox has to offer, you will easily be able to purchase its native crypto asset, which is denoted by the symbol SAND. Sandbox should be your primary focus if you are interested in the greatest cryptocurrency for sustained growth in the metaverse over the long term.

Final Words

There is no second comment on the fact that cryptocurrencies will be there for the foreseeable future. The thing that needs to be answered is, “Where in the market is the best spot to invest your money?”

When considering how to invest in cryptocurrency, the buy-and-hold strategy over the long run is the most practical approach to take. Taking this approach, which is also known as HODLing, will make it possible for you to weather volatile short-term waves.

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Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

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