With the ever-growing number of cryptocurrencies in the market, investors are increasingly looking for ways to maximize their long-term returns. Bitcoin has been the best-performing asset in the last decade, and its recent network upgrade could make it even more valuable. Ethereum is also undergoing an upgrade, called The Merge, which will improve scalability, security and sustainability of the network. Cardano's popularity among decentralized app developers could keep demand for its ADA token high.
If you are looking to allocate at least 20% of your investment portfolio to aggressive investments, long-term cryptocurrencies could be a great option. To ensure your digital assets are safe, it is best to purchase a hardware wallet such as Ledger Nano S. Cardano is a great long-term investment in the cryptocurrency market, and its recent hard fork saw more than 100 smart contracts deployed on the network. HODLing, or “holding on for dear life”, is a popular strategy when it comes to long-term crypto investments.
Ethereum's smart contract dominance may not last forever, so Solana could be a great option for long-term investors. Investing in cryptocurrencies exposes your investment to volatility and numerous risks, so it is important to do your research before investing. A long-term buying and holding strategy is the most viable method when investing in cryptocurrencies. You can also research previous all-time highs to find the best long-term crypto investments for HODLers.