-1648722360.jpg)
The bitcoin market has recently become the most volatile and fast-moving market. This market experienced a roller coaster ride the previous year. Some cryptocurrencies saw huge increases, while others saw massive losses.
Given the current level of volatility, what 2022 holds for these digital currencies is something that all investors are anticipating. On that subject, here are the top 10 long-term cryptocurrency investments to make in 2022.
Top 10 long-term cryptocurrency
1. Bitcoin
Bitcoin is the initial cryptocurrency, developed in 2009 by a mysterious entity known as Satoshi Nakamoto. It is the monarch of all cryptocurrencies, commanding the global crypto market. Bitcoin, like most cryptocurrencies, is based on a blockchain, which is a decentralized network of thousands of computers that validates transactions in real-time without the use of intermediaries.
It is the cryptocurrency of choice for all crypto investors, making it one of the top long-term investments in 2022.
2. Ethereum
The Ethereum blockchain is a shared open-source blockchain that allows users to run custom code using the smart contract functionality. Ether is the Ethereum blockchain's coin.
Ether is the network's fuel, and it is used in the form of payment or transaction execution fees. To avoid wasting code and keep the network healthy, the blockchain employs cryptocurrency.
3. Litecoin
The next currency is nearly identical to Bitcoin, with the exception of a few tiny differences. It's a peer-to-peer cryptocurrency that's open-source.
It can also be utilized as a script-based consensus network, which distinguishes it from the Bitcoin process. In 2022, it is one of the greatest long-term cryptocurrencies to invest in and hold.
4. Cardano
Cardano is known as "environmentally friendly" for its it aims to avoid the energy-intensive components of Bitcoin mining. It is the world's first big cryptocurrency to use the 'proof of stake' mechanism.
With this concept, owners can stake currencies and build their own validator nodes.
5. Solana
Solana is basically created to fuel decentralized finance (DeFi), decentralized apps (DApps), and smart contracts. It has a hybrid proof-of-stake and proof-of-history mechanism to conduct transactions rapidly and securely. The platform is powered by SOL, Solana's native cryptocurrency.
6. Polkadot
Polkadot is a popular cryptocurrency on the cryptocurrency market. The Poloniex network has lower costs and faster speeds than other cryptocurrencies, making it a popular choice among cryptocurrency investors.
When it comes to scalability, Polkadot is perhaps the best of the bunch.
7. Tether
Tether is beneficial to cryptocurrency investors since it allows them to escape the high volatility of other cryptocurrencies. This provides liquidity to exchange platforms, provides investors with no-cost exit methods, and increases the flexibility and stability of their portfolios.
In 2022, it is one of the greatest long-term cryptocurrencies to invest in and hold.
8. Binance Coin
Binance Coin is a Binance exchange product. Binance is one of the biggest cryptocurrency exchanges in terms of the trading volume. It allows you to trade over 100 different cryptocurrencies. BNB currency is used to pay for things like exchange fees, withdrawal fees, and listing costs on the Binance platform.
If a user pays fees with BNB coin, the Binance team will give them a discount.
9. Bitcoin Cash
When the Bitcoin community was split in 2017 about which route it should go, this coin was born. Bitcoin Cash has a lower market value than Bitcoin, however it has faster transaction rates and a reduced transaction fee.
In 2022, it is one of the greatest long-term cryptocurrencies to invest in and hold.
10. Terra
Terra is a stablecoin blockchain payment network that works by maintaining a balance between two types of cryptocurrencies. TerraUSD and other terra-backed stablecoins are linked to the value of actual currencies.
Luna, their counterbalance, is used to power the Terra platform and manufacture new Terra stablecoins.
