In the crypto game for the long haul? If so, you might want to focus on picking currencies that are likely to be around in 10, 20 or even 50 years!
Plenty of traders out there are happy to admit that they’re holding cryptocurrency right now to try and make as much money as possible as quickly as possible. They take a hands-on approach, trade on a day-to-day basis and invest every last dollar they have into the latest coin that might make it big so that they can maximize their potential income. If you’re one of those people – this article probably isn’t for you! What we’re going to be looking at here is the list of available tokens right now that you might want to consider as a long-term investment. Think of this as being an S&P 500 of coins, only a much smaller index with a big focus on the players in the game that appear to have the potential to maintain value through thick and thin. Let’s put it this way: if the tokens below disappear, chances are that no cryptocurrency survived whatever caused them to lose all of their value!
#1 – Bitcoin
It’s boring, the technology is limited and everyone knows about it already: that doesn’t change the fact that Bitcoin has been the most resilient cryptocurrency of all time and has stood up to a huge number of tests to get where it is today. In fact, we believe that no cryptocurrency has even come close to having to deal with the bullshit that Bitcoin has. From multiple forks and memory exhaustion attacks through to government restrictions and high profile thefts – Bitcoin has shown time and time again that it has the backing to survive and be the king of the coins. You might not like it, you might think it’s slow, you might think it’s not scalable and simply costs too much to be attractive to you – that doesn’t change the fact that if cryptocurrency is a major part of the economy in 20 or so years, Bitcoin will be there and in addition to that, be valuable. My advice: ignore the forks,…