3 Cryptocurrencies to Buy Now and Keep Forever!

At the time, the main cryptocurrency, bitcoin (BTC), went from $19,500 to $6,700 per coin in seven weeks. This was a drop of 64%.

But this time it’s very different. Digital currencies are on their way to being endowed a sound regulatory framework and should be widely adopted† It would therefore be wise to buy the best cryptocurrencies during sharp declines, such as the one we are currently observing.

Read on to find out why Bitcoin, Ethereum (ETH), and Polkadot (DOT) are the top names on this list of long-term winners. These are the ones to pick up at temporary lows and then hold with diamond hands.

Hit first, hit hard

I’m not trying to surprise you. The idea is to select the most stable cryptocurrencies in a long-term perspective† These three tokens have the first-mover advantage in their respective domains, which is no small feat, especially for bitcoin.

Yes, there are many cryptocurrencies that share Bitcoin’s vision of providing a means of digital payment and storage of value to rival the dollar and the euro. Mais le meilleur moyen d’y parvenir est de créer une seule monnaie numérique – et non plusieurs dizaines d’options avec des paramètres de conception légèrement différents – qui soit prize au sérieux par les consomlanteurs, les banques consomlanteurs, les banques consomlanteurs ‘silver.

Despite all its technical flaws, bitcoin has always been an alternative to cash† It is the first token that retailers look to when considering the future of cryptocurrency payments. It’s the one companies like Block and Tesla write on their balance sheets, replacing some of their cash reserves. And while emerging companies have gained market share over the past five years, bitcoin still accounts for 41% of the market cap of the cryptocurrency industry as a whole:

Within 5 or 6 hours, the number of Bitcoins issued by the Blockchain since its launch will exceed 19,000,000 units for the first time. #bitcoin

Bitcoin is the cryptocurrency the most obvious to buy now and keep forever† But wait – there’s more!

Smart contracts and flexible technology

One of the two main uses of cryptocurrencies is the transfer of money and the storage of values. The others are smart contracts, which use digital tokens to set up and manage an amazing variety of advanced products and services.

Read also How to deal with buying Bitcoin? Trick…

Without smart contracts, there are no non-functioning tokens or decentralized financial services. They can add an extra layer of security to a cryptocurrency transaction or add additional data to the current transaction. Ultimately, these contracts could form the basis for next-generation voting systems, managing our medical records or automatically settling our claims.

It’s a powerful idea that can save you money in the long run. Here, the value of smart contract tokens comes from their advanced features and usability in the real world.

You know the early bird that caught this worm, like Ethereum. Projects using this blockchain and its tokens make up the vast majority of all smart contract applications and services today. According to State of the dApps, a site that tracks the market for decentralized applications (dApps), Ethereum-based dApps represent 1,977 of 2,775 smart contract applications

A programming platform that holds 71% of the total market is not easy to replace, although some Ethereum rivals offer faster execution and other benefits.

And the Ethereum project is not exactly standing still. Developers are constantly tweaking the blockchain network code behind the scenes, in preparation for the highly anticipated release of Ethereum 2.0 in early 2022. Less energy-consuming proof-of-stake and making the entire system more secure. This willingness to instantly recognize and correct technical errors ensures that Ethereum has a long and healthy future in an ever-changing market.

Make bigger profits with smaller cryptocurrencies

And let’s not forget the not-so-secret card up my sleeve. Polkadot is the eleventh largest cryptocurrency by market capitalization, valued at 5.6% of the total value of Ethereum or 2.8% of that of Bitcoin. Polkadot’s vision is to connect different blockchain networks together to form an interconnected system much more powerful than the sum of its parts.

Similarly, apps built on Polkadot can survey the entire cryptocurrency market to find the best performing networks for a specific task, then combine several to an even more powerful end product† Polkadot makes it easy for you with the added help of crowdfunding processes and a thriving developer community.

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