3 safe and long-term stable cryptocurrencies that every investor should keep
3 min readThe world of cryptocurrencies is a very wild place especially for beginning traders. So-called hype-coins with big marketing and little-founded fundamentals attract direct to unrealistic profits. Sometimes it is better to stop and think more about the risks than the big profits and choose the cryptocurrencies behind the quality projects. In this article, we have selected 3 cryptocurrencies that meet the requirements of safe and long-term stable assets.
Ethereum (ETH) – the strongest fundamentals on the cryptomenic scene
ETH has long been the second most stable cryptocurrency in the world, thanks to its Dapps which ETH offers. Creating a new altcoin on the ETH network is relatively simple and low cost, which is a great benefit for just starting startups. All you have to do is master the development language and everyone can create a new altcoin in a few minutes. Many well-known projects such as Binance Coin, Chainlink and Uniswap have also been created on the Ethernet network. At the same time, the cryptocurrency survived one of the biggest hacks in the entire crypto history, which divided the network into two parts. The new and more secure network has been operating since 2016 without a single failure. We should also not forget the regular big updates and improvements, which take place several times a year and thanks to them ETH is still advancing.
ETH price development, source: coinmarketcap.comETH is also doing very well in terms of price development. Since 2015, this cryptocurrency has been evaluated approximately 3,000 times. In the last 2 years alone, there has been a 2,000-percent increase.
Bitcoin (BTC) – the most stable cryptocurrency
It will come as no surprise that in the list of the most stable cryptocurrencies that every investor should own, we will also find the cryptocurrency BTC. It is the oldest, most well-known and, in terms of price development, the most stable cryptocurrency. Since the first listing at the exchange, when the price was around one dollar, the largest cryptocurrency has risen to $ 40,000 at the time of writing. It was BTC who created the great crypto world. Later, alternative coins, so-called altcoins, began to emerge. Even after 12 years, however, BTC is still number 1 and no other cryptocurrency has matched it.
Price development of BTC, source: coinmarketcap.comBTC is currently priced at around $ 40,000, and many experts expect and predict gradual growth to one million over the decades.
Binance coin (BNB) – quality guarantee?
During 2017, Binance Exchange raised several million dollars during the ICO to build its services. Since then, it has become the largest crypto exchange in the world. The goal of the BNB project is to bring users An easy way to buy cryptocurrencies, or NFT. They also offer a futures platform, staking and other services. This cryptocurrency has been recorded since the first listing 50-fold appreciation. If the Binance exchange maintains a unit in the trading area for a long time, the Binance coin should grow at least at the same rate as BTC in the long run.
Binance coin price development, source: coinmarketcap.com
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