Best Cryptocurrencies for long term investment in 2022

TOP 5 CRPTOS TO INVEST FOR LONG TERM

An important question while investing in cryptocurrencies is: What altcoin to invest in?

With more than 7,000 altcoins available in the market, it is pretty much hard to choose one or two. 

There are popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin that everyone knows about. And many others that majority have never heard about.

Each of these altcoins have certain benefits and problems.

Some offer excellent technology and innovation, and some are already too slow and too expensive. So, which one to invest in?

Keep reading to find the best cryptocurrencies and altcoins for long term investment in 2021.

1. Ethereum

Ethereum is a global, open-source platform for decentralized applications and it is also the most actively used blockchain. 

We can define Ethereum in this sentence: Ethereum is the world’s programmable blockchain.

Ether (ETH) is the native cryptocurrency of the platform. It is the second-largest cryptocurrency by market capitalization after Bitcoin.

Ethereum is everything bitcoin is not. It is faster, cheaper, and supports smart contracts. In short, ethereum has better technology than bitcoin. 

One reason that makes investing in ethereum promising is the launch of Ethereum 2.0. That is an upgraded version of ethereum which aims to solve scalability and security problems.

Currently, the Ethereum 1.0 network allows 30 transactions per second. But after the Ethereum 2.0 update, the number is expected to increase to 100,000 transactions per second. 

This can indicate that Ethereum is getting ready for being a mainstream currency. 

Ethereum is currently in a surge. It has been constantly increasing for the last couple of months, and just yesterday (8/05/2021), ethereum set another all-time high record at $3,434.78.

Julian Hosp, a famous blockchain and crypto expert, predicts that the total market cap of ethereum could reach $200 billion by the end of 2021. If this prediction is true, the price of ethereum will rise more than 40 percent before 2022.

Buy Ethereum from the list of best Ethereum exchanges

To wrap up: Ethereum is the most promising altcoin to invest in 2021. 

Ethereum price prediction 2021

By examining its price and patterns in the last 6 months, we can conclude a possible Ethereum price prediction of $1,396.26.

2. Litecoin

With a price of $168, Litecoin is another investment worth altcoin. 

This cryptocurrency showed strong growth (more than 8000% in 2017), which convinces us to include it in this list. 

Litecoin has a strong foundation with a total market cap of around 11.6 billion dollars. It was originally released as a bitcoin spinoff and is very similar to it. 

However, Litecoin takes only two and a half minutes to process a block, which means it is a lot faster than bitcoin. 

Not only this, Litecoin also introduced exciting developments through 2020, which fueled many bullish speculations.

The launch of LiteBringer, a role-playing game, which is on the Litecoin blockchain, also caused a surge in Litecoin prices and transactions. 

After the LiteBringer release, the Litecoin transactions tripled in a week, Litecoin Foundation reported.

The surge was so promising that CoinSwitch predicted the Litecoin price would reach $600 before 2022.

Another innovation of LiteCoin was performing a Lightning Network transaction in 2017. For those of you who don’t know, Lightning Network is a “layer 2” payment protocol that aims to enable fast transactions.

Using this Lightning Network, 0.00000001 Litecoin was transferred in less than a second, from Zurich to San Francisco. 

Finally, Litecoin’s close similarity to bitcoin can also be a reason why investors show interest in investing in this cryptocurrency. 

Considering all these reasons, we decided to include Litecoin in our list of best cryptocurrencies for long term investment in 2021.

litecoin price prediction 2021

After analyzing its price and patterns in a 6 month period, we conclude a Litecoin price prediction of $177.86.

Buy Litecoin

3. Cardano (ADA)

Cardano is a cryptocurrency network and project that aims to run a public blockchain platform for smart contracts. 

Cardano has its own cryptocurrency called ADA and is now priced at $2.22. It has a current market cap of $71.31 B.

Ryan Selkis, the founder of @messaricrypto, predicted that Cardano could turn to the fifth biggest cryptocurrency in the world. 

According to his predictions, the price of Cardano could increase to $0.45 before 2022.

This is not something far from the truth. In fact, the price of Cardano has the potential to pass $1.50 before 2022. It is only the matter of organizations investing in it.

One factor that can fuel a Cardano price surge is the release of Hydra. 

Hydra is the 2nd layer solution that enables the Cardano network to process more than 1 million transactions per second.

Also, smart contracts and the ability to process payments off-chain can make Cardano one of the fastest systems in the world. 

That is why we put Cardano (ADA) as our third suggestion in the list of best altcoins to invest in 2021.

polkadot peice prediction 2021

By analyzing its price and patterns in the last 6 months, we conclude a Cardano (ADA) price prediction of $0.379909.

Buy Cardano (ADA)

4. Polkadot

Polkadot is a next-generation heterogeneous multi-chain interchange and translation blockchain protocol, connecting multiple specialized blockchains into one unified network.

This network allows cross-blockchain transfers of any type of data or asset, not just tokens. 

Until now, Polkadot has raised more than $200 million from investors across two sales of its DOT cryptocurrency, making it one of the most well-funded blockchain projects in history.

The DOT token serves three goals: governance over the network, staking, and bonding.

Polkadot presents transactional scalability by dispersing transactions over various parallel blockchains.

This network can easily upgrade and add new features or fix bugs, enabling Polkadot to adapt to changes and utilize better technologies as they become available.

Polkadot currently has a price of $31 and a market cap of around $32.67 billion, making it the #4 ranking coin in the crypto market.

By analyzing its price data and possible patterns, you can expect 15 to 20 percent profit by investing in it.

Polkadot is 4th on our list of best cryptocurrencies for long term investment and one of the most promising cryptocurrencies to look for.

polkadot peice prediction 2021

After analyzing its price and patterns in a year period, we conclude a Polkadot price prediction of $40 and above..

Buy Polkadot

5. Uniswap

Uniswap is a fully decentralized cryptocurrency exchange that facilitates automated liquidity provision on Ethereum through the use of smart contracts.

This exchange has raised millions of dollars from enterprise capitalists.

According to Bloomberg News, Uniswap is estimated to be the largest decentralized exchange and the fourth-largest cryptocurrency exchange overall by daily trading volume.

Uniswap is an innovative exchange protocol. It enables anyone with an Ethereum wallet to exchange tokens without any third-party involvement.

This technology is one of the most successful projects that are part of the Decentralized Finance (Defi) movement. And probably will have some exciting implications for the future of trustless token swapping.

Uniswap is currently priced at $25.12 and constructs a total market cap of around $13.11 B

By analyzing its price and patterns, we found that there is a 10 to 15 percent expected profit in investing in Uniswap.

That is why we add Uniswap as our 5th recommendation for long term crypto investment