Home Community Insights 11 Cryptocurrencies Tailored for Long-Term Trading Success in 2024

11 Cryptocurrencies Tailored for Long-Term Trading Success in 2024

11 Cryptocurrencies Tailored for Long-Term Trading Success in 2024

Coin investors tend to prefer short-term investment strategies rather than long-term investments. However, if you use a long-term investment strategy, you may be able to earn more money without stress than a short-term investment. The coin market is highly volatile. When investing long-term, you can protect your investment from sudden price fluctuations.

So which coin should you invest in for the long term? There are over 20,000 coins in the coin market. There are so many that it is difficult to choose an investment coin. So, in this guide, we provide a list of recommended long-term investment coins for 2023. If you are considering coin trading, please refer to the information in this guide.

Long-term investment coin recommendation in 2023

Before providing detailed information, we briefly summarized each investment coin.

  1. Bitcoin ETF Token – When looking for an investment coin, you should look for a coin with a clear future goal and growth potential, not a coin whose value is determined by short-term market trends. In this respect, the Bitcoin ETF token was placed at the top of the list of recommended long-term investment coins. The Bitcoin ETF token is a coin project closely related to the approval progress of the Bitcoin spot ETF, which is currently the most talked about topic in the coin market. 
  2. Bitcoin Minetrix  – When considering coin trading, you should find out whether the project offers a solution to the problems of the coin market. Bitcoin Minetrix is ??a coin released to solve the problems of cloud mining and is attracting the attention of many coin investors. 
  3. Meme Kombat  – Meme Kombat is a P2E platform that will become an emerging powerhouse in the crypto gaming market. The Meme Kombat platform uses AI technology to battle with your favorite memes. If you win the battle, you can receive a reward.
  4. TG.Casino  – With legal online gambling on the rise, TG.Casino is expected to soon penetrate the mainstream market with its legitimacy. TG.Casino is an online gambling service operated on Telegram that is both legal and accessible. 
  5. Launchpad XYZ – An AI-based analysis platform that collects and analyzes data from multiple coin exchanges to lower risk and increase ROI.
  6. yPredict – A coin price prediction platform that provides a highly accurate price prediction model by analyzing market data in real-time with an AI solution. It is useful when analyzing long-term investment coins. 
  7. Ethereum – A decentralized platform that developers can use. Using Ether, the Ethereum native coin, you can develop and distribute smart contracts and develop dAPPs.
  8. Binance Coin (BNB) – The native coin of the Binance Exchange, used for transaction fees and staking rewards for new projects launched on Binance Launchpad.
  9. Chainlink – A decentralized oracle network that securely connects Ethereum’s smart contracts with external data sources, APIs, and payment systems.
  10. Polygon – An extensible framework used to build blockchains compatible with Ethereum. It solved Ethereum’s scalability and speed problems while maintaining the security level.
  11. Solana – A high-performance blockchain that powers fast, secure, and highly scalable decentralized apps and coin projects. Process thousands of transactions in one second using Solana’s unique timestamp system.

In the section below, you can find more detailed information about the recommended long-term investment coins in our list of recommended long-term investment coins for 2023. Before learning about each coin’s trading information, we would like to first explain the criteria for recommending trading coins in this guide.

Long-Term Investment Coin Recommendation Criteria

Below, we have summarized the matters taken into consideration when forming this guide’s list of recommended long-term investment coins.

  • Coin holders and coin project community
  • market capitalization
  • Benefits for long-term investors
  • Feature improvement and development plans announced in the roadmap
  • Coin current value (only currently undervalued options are considered)
  • Future prospects

What Factors Determine The Price Of A Coin?

The coin price is directly related to the Bitcoin price. Therefore, when choosing an exchange coin, you must first understand its correlation with Bitcoin.

For example, a correlation between Bitcoin and the corresponding coin of 0.5 means that when Bitcoin’s profit is $100, the coin’s profit is $50. However, there are coins that grow explosively even though they have no correlation with Bitcoin.

Meanwhile, sometimes the value of a coin is determined by a word from a celebrity. There was also a case where the price of Dogecoin skyrocketed when Elon Musk wrote a tweet about Dogecoin. Therefore, the factors that determine the coin price cannot simply be determined by a few factors, but the factors that have greatly influenced the coin price to date are summarized below.

  • Marketing Campaign
  • Financial Support
  • Transaction Fee
  • Celebrity Support
  • Movement Of Whales
  • Market Capitalization
  • Total Trading Volume
  • Market Sentiment

Another Important Factor To Consider When Trading Coins

Another factor to consider when choosing an exchange coin is technical indicators.

Technical indicators include staking rewards, split acquisition (DCA), and other rewards (P2E, R2E, M2E).

All the factors described were used to create a list of recommended long-term investment coins. Now that we’ve looked at all the selection criteria, let’s take a closer look at each recommended investment coin prepared by us.

Bitcoin ETF Token – Bitcoin Spot ETF and Coin Projects Highly Related to Bitcoin

Coins that are advantageous when investing in coins are coin projects that are closely related to Bitcoin, the largest coin. The Bitcoin ETF Token is deeply related to not only Bitcoin but also the approval of the Bitcoin spot ETF. Currently, Bitcoin is enjoying its heyday again. Additionally, Bitcoin halving is scheduled for 2024, and the SEC is expected to approve a Bitcoin spot ETF in the near future. The Bitcoin ETF token takes advantage of these market conditions wisely.

There are high expectations that if the Bitcoin exchange-traded fund, or ETF, is approved, the coin will be able to enter the institutional system. Using the Bitcoin spot ETF, stock investors can also purchase stocks of digital assets through existing brokerage accounts, expanding the coin investor base.

When it was announced that BlackRock had submitted an application for approval of a Bitcoin spot ETF to the SEC, the coin market soared. The ripple power of the Bitcoin spot ETF has been proven. Additionally, on October 24, 2023, when news was delivered that BlackRock’s Bitcoin spot ETF was registered with the Depository Trust & Clearing Corporation,  the price of Bitcoin rose 12%. It was the largest 24-hour increase over the past six months.

In both cases, even though there was no news that the approval of the Bitcoin spot ETF was completely confirmed, it had a significant impact even on the lowest volatility coins in the coin market. 

If the Bitcoin spot ETF approval situation progresses more positively, projects with relatively small market capitalization, such as Bitcoin ETF tokens, will grow even more. Therefore, Bitcoin ETF Token, which is highly correlated with Bitcoin spot ETF, can be said to be a long-term investment coin with infinite possibilities.

Of course, the Bitcoin ETF token project did not miss out on utility. Bitcoin ETF tokens have a staking system. Presale buyers can stake tokens from the early stages of the presale. 25% of BTCETF tokens are paid out as staking rewards, and investors are guaranteed a significant amount of passive income. The remaining 25% will be burned when all project milestones are achieved to enhance the scarcity of the token.

Token Information Bitcoin ETF Token
Presale Start Date November 2023
Means Of Purchase USDT, ETH, BNB, MATIC, card
Blockchain Ethereum Network
Hard Cap $4.956 million
Minimum Purchase Quantity doesn’t exist
Maximum Purchase Quantity doesn’t exist

Visit Bitcoin ETF Tokens

Bitcoin Minetrix – A Long-Term Coin Project That Presents Solutions To Improve Cloud Mining

Investors interested in cloud mining may already know about Bitcoin Minetrix (BTCMTX). Cloud mining was a solution designed to enable individual investors to mine Bitcoin.

Cloud mining is operated by lending mining tools to individuals to mine Bitcoin. However, due to the complexity of the mining process, the goal of decentralizing mining began to become increasingly distant. In the end, it became available only to individuals or companies with the ability to use large mining companies, or people with sufficient technical knowledge. 

The fees were prohibitively high for small investors to afford, and there were cases where rental brokers demanded a portion of Bitcoin profits. Even scams that guaranteed high initial profits and then raised fees to prevent the withdrawal of profits were prevalent. Bitcoin Minetrix was launched to solve these problems. 

Bitcoin Minetrix uses a stake-to-mine method. Staked BTCMTX tokens can be used in any way the token holder wishes. You can unstake and sell them, get passive income, and exchange them for mining credits.

Mining credits allow you to mine Bitcoin. Mining credits must be burned in return for a specified amount of Bitcoin cloud mining time or a portion of mining profits. Through this system, investor rights are guaranteed. Everything, including fees, is transparently disclosed to investors. Through a reliable staking system, investors can now invest in Bitcoin Minetrix with greater confidence.

Token Information Bitcoin Minetrix
Pre-Sale Begins September 26, 2023
Means Of Purchase USDT, ETH
Blockchain Ethereum
Hard Cap $32 million
Minimum Purchase Quantity 10 dollars
Maximum Purchase Quantity doesn’t exist

Buy Bitcoin Minetrix

Meme Kombat – Recommended Investment Coin That Provides A Meme Battle Arena Based On AI Technology 

Although the blockchain game market is growing, its scale is minimal compared to the existing game market. Meme Kombat ($MK) is a P2E game project that recognizes this and adopts the play style of famous game franchises.

Meme Kombat borrows the method from the famous game franchise called Mortal Kombat. You can now enjoy playing Mortal Kombat as a P2E blockchain game. However, in Meme Kombat, the subject of battle is not a character, but a meme that has been popular over the past 10 years. Meme Kombat uses AI technology to further upgrade the gameplay.

The reason Meme Kombat is attractive is not simply because it is a battle game. In Meme Kombat, you can earn money through battles, just like in a sportsbook. Battle options are also diverse. You can choose between the computer and other players as your battle target, and you can also earn money depending on the battle or character you support. You can even set it to earn money based on first moves, specific results, or battle events.

30% of the total $MK supply is allocated to profit and staking. Like other projects that rose to prominence in  2023, the Meme Kombat project also attaches importance to the role of staking. Not only has it established a system to obtain passive income through staking, but it has also strengthened project security. 

When creating a list of recommended long-term investment coins, we tried to exclude as much as possible P2E game projects that have guaranteed growth potential but do not last long. But Meme Kombat was an exception. This is because it has a high possibility of attracting existing game players, has a solid profit and staking system, and the AI ??technology used in the game is excellent.

Token Information Meme Kombat
Presale start date September 21, 2023
means of purchase USDT, ETH
blockchain Ethereum
hard cap 10 million dollars
Minimum purchase quantity 0.015 ETH
Maximum purchase quantity doesn’t exist

Visit Meme Kombat

TG.Casino – Recommended investment coin that will open a new horizon in crypto gambling

Online gambling is growing rapidly. In particular, further growth is expected as online gambling is becoming legal in many states in the United States. Crypto gambling is also growing, but its power is still weaker than existing online gambling. However, TG.Casino appears to be able to bridge the gap between the existing online gambling industry and the crypto gambling industry.

The reason why the growth of crypto gambling is still weak is because public understanding and accessibility are low. However, TG.Casino is more accessible than other sites and more convenient than existing online gambling platforms.

Existing online gambling sites are geographically restricted and payment methods are also limited. However, because coins can be used by anyone with an internet connection, there are almost no restrictions on using TG. Casino.

Additionally, coins have faster payment processing speed and are safer than existing payment methods. Coin transactions are processed within seconds. Additionally, all transactions are recorded on the blockchain and the records cannot be changed. This means that funds used for gambling can be handled more safely.

  1. Casino’s main selling point is its partnership with Telegram. Therefore, if you are registered with Telegram, you can access TG. Casino. Additionally, since Telegram is famous for its thorough security, the safety of TG. Casino is also proven to some extent. Lastly, an important selling point is that you can enjoy crypto gambling within the familiar Telegram interface, as games, player accounts, betting procedures, etc. are managed with Telegram bots.

Of course, a staking system was also established. The APY ratio is also high. However, the rewards are more attractive than that, and you can use the rewards to purchase TG.Casino daily profits in the $TGC open market. 40% of TG. Casino tokens will be burned to increase token scarcity and value, and the remaining 60% will be used as site rewards and staking rewards. This is why TG. Casino is included in the list of recommended long-term investment coins.

Token Information TG Casino
Presale Start Date September 21, 2023
Means Of Purchase USDT, ETH
Blockchain Ethereum
Hard Cap 5 million dollars
Minimum Purchase Quantity doesn’t exist
Maximum Purchase Quantity doesn’t exist

Visit TG.Casino

Launchpad XYZ – AI-based Coin Analysis Platform That Facilitates Web 3.0 Investments

Launchpad XYZ is an innovative coin analysis platform that facilitates investment in digital assets in the Web 3.0 ecosystem.

The project ecosystem is powered by $LPX tokens. Launchpad XYZ is also a promising pre-sale project. $LPX tokens can only be purchased through pre-sale, and the sale price will increase when the next target is achieved. The token listing price is set at $0.07.

At its core, Launchpad is an advanced AI solution, and the purpose of its launch is to collect and analyze relevant market data, including user feedback, market sentiment, and growth potential.

You can also exchange tokens on the DEX  provided on the Launchpad XYZ platform, purchase NFT purchases, or invest in ICO coins. It’s even possible to play new P2E games.

$LPX tokens are used to pay monthly subscription fees and for staking, and have the advantage of being able to use new features when staking. $LPX coin is a promising coin worthy of being listed as a long-term investment coin recommendation.

Token Information Launchpad XYZ
Presale Start Date April 2023
Means Of Purchase USDT, ETH, Transak
Blockchain polygon
Hard Cap $12.5 million
Minimum Purchase Quantity doesn’t exist
Maximum Purchase Quantity doesn’t exist

WiPredict – Highly Accurate AI-based Coin Price Prediction Platform


Ypredict is the world’s first AI-based coin price prediction platform that predicts the future price of all digital assets using actual market data.

The utility is operated by the native token YPRED token, and future growth of the YRED token is expected. 

In about two months since the official Wipredict presale began, approximately $2.4 million has been raised. In the last three weeks of the two months, more than $1 million was raised. $YPRED tokens are selling faster than any other project, and if this trend continues, they are expected to be listed on Bitmart within 45 days.

WiPredict uses AI technology to provide accurate prediction models desired by users. The advantage of WiPredict is that users do not need to refer to any website other than WiPredict to obtain a prediction model.

With a paid subscription, you can use advanced tools that provide more useful insights and benefits. 

Monthly subscription fees are paid with $YPRED tokens. Community members can earn tokens using prediction models they create themselves. The Wipredict project is designed by AI/ML experts and traders with decades of experience.

yPredict is a highly scalable and transparent platform built according to the highest standards of Polygon blockchain. It is also an investment coin expected to be listed on Binance.

Token Information yPredict
Presale Start Date February 2023
Means Of Purchase ETH, MATIC, USDT, BNB, card
Blockchain polygon
Hard Cap $6,507,511
Minimum Purchase Quantity 200YPRED
Maximum Purchase Quantity doesn’t exist

 

Ethereum – The Largest Altcoin With A Market Capitalization Of Over 230 Billion

Ethereum (ETH) is the largest altcoin. Ethereum is a proof-of-stake (PoS) blockchain, and you can develop and operate DApps by deploying smart contracts on the Ethereum blockchain.

Ethereum has the disadvantage of having a small number of transactions that can be processed and high fees. However, it recently underwent an upgrade to expand its size and reduce fees in the long term. Because Ethereum is the most popular network in the coin industry, there are many coin projects that have developed ERC-20 tokens based on Ethereum.

Various NFT platforms and other decentralized platforms can also be developed on the Ethereum network. Ether (ETH), Ethereum’s native token, is used for coin transactions. You can also pay blockchain gas fees.

Ethereum is also the second largest coin after Bitcoin. The current market capitalization is over $234 billion. At the time of writing the article, the selling price of Ethereum was $1,950. The price is a 62.5% increase from the selling price of $1,200 in early 2023.

Even the increase rate over the past 14 days is 13.3%. However, it is trading at 59% lower than its all-time high. Therefore, there is still high growth potential. This is why Ethereum is not excluded from long-term investment coin recommendations.

Binance Coin (BNB) – Binance’s Native Coin 

BNB, or Binance Coin, is as famous as any other coin. This is because it is the native coin of Binance, a large exchange. BNB was originally an ERC-20 token developed on the Ethereum blockchain.

However, it was moved to Binance Smart Chain in 2019 and changed to BEP-20 token. It was a token used to maintain the Binance exchange, process payments, and pay transaction fees, but gradually began providing benefits to token holders.

Token holders receive a 25% discount on spot trading fees, a 25% discount on margin trading fees, and a 10% discount on futures trading fees. Additionally, when you stake BNB tokens, you receive passive income through BNB vaults.

The current market capitalization exceeds $38 billion, making BNB Coin the 4th largest coin in the world by market capitalization. The current selling price is $245, which is a 2% increase from the week before the article was written.

However, the current selling price is 30% lower than the selling price of $350 in April 2023. The future upward trend of BNB coins is expected, and it is a coin worth considering when investing in coins.

Chainlink – Decentralized Oracle Network Connecting Off-Chain Data And Blockchains

ChainLink is a decentralized oracle network that securely connects blockchains to external data sources, APIs, and payment systems. Developers can create safe and reliable smart contracts on Chainlink.

It also has the advantage of improving scalability and interoperability between blockchains. The demand for decentralized oracle networks has increased, and Chainlink is recommended as an investment coin because it provides an excellent and cost-effective solution specialized for enterprises.

According to information listed on the Chainlink website, there are over 1,600 projects using Chainlink technology. In June 2021, Chainlink coin price reached an all-time high. However, it has since fallen by more than 85%. Nevertheless, because it still has endless growth potential, it is not always excluded when recommending long-term investment coins.

Polygon – Layer 2 Ethereum Scaling Solution

Polygon MATIC is a layer 2 Ethereum scaling solution, built to solve the speed and cost issues of the Ethereum network. Therefore, when upgrading the Ethereum merge, you can expect great growth.

In 2022, Polygon announced the world’s first zero-knowledge Ethereum virtual machine. The zero-knowledge Ethereum virtual machine efficiently processes thousands of transactions at once.

Polygon is the most efficient solution to Ethereum’s scalability problem. MATIC is a Polygon native token, used to pay transaction fees on the platform. According to the latest market data analysis, the price of MATIC has increased by 25% since the beginning of 2023.

Solana – Recommended investment coin boasting efficiency and innovation

Solana is a highly scalable blockchain platform. Solana has the fastest transaction processing speed of any network in the coin market. It can process up to 65,000 transactions per second. Additionally, it is programmable because it uses smart contracts.

Therefore, there is ample growth potential as a DApp. There are already several projects that have adopted the Solana blockchain, such as NFTs and Bonk tokens.

The world’s first Web 3.0 smartphone, called Solana Mobile, is also under development. There seems to be no disagreement that Solana is highly efficient and innovative. Solana’s native token, SOL, rose 135% in January 2023, proving its value as an investment coin.

How To Choose A Trading Coin

Below we will introduce how to choose a trading coin.

Market Capitalization

Coins are ranked based on market capitalization. The higher the market capitalization, the better it is for long-term investment. You can check the market capitalization by referring to Coinmarketcap. Coins with high market capitalization are usually Bitcoin, Ethereum, and Cardano.

Coin Circulation Volume

When creating a list of recommended long-term investment coins, we checked whether there was a limit to the number of coins in circulation. The more limited the circulation of a coin is, the more demand increases and the value rises. In other words, the smaller the distribution volume and the higher the demand, the more profit you can earn. If a coin is distributed indefinitely, its scarcity decreases and its value decreases.

White Book

All coin platforms worth investing in provide white papers. A white paper is a roadmap that explains the future plans of a coin project. In the white paper, you can check important information such as the problem the project is trying to solve and the technology used.

If the white paper seems feasible, it can be said to be a promising long-term investment coin. However, if the development plan is not actually implemented, the token value naturally disappears over time.

Real Use Cases

Coins without actual use cases ultimately lose value. There is even a possibility that coins without actual use cases may be pump-and-dump coins aiming for short-term profits. However, there are cases where actual use cases are added after the project has progressed to some extent.

Coin Trading Strategy – Technical Analysis 

Coin trading is a great strategy that can bring high profits, but you cannot make profits by investing in any coin for a long period of time. Even if you choose the right investment coin, profits cannot be guaranteed unconditionally because the coin market is highly volatile.

Below we have introduced some strategies that can steadily increase profits over the long term. Let’s take a closer look at the strategies introduced and choose a strategy that suits you.

  1. Dividend Buyout (DCA) – An investment strategy that involves investing a certain amount of money over a set period of time, but it does not yield large returns. Most investors reinvest the profits from split purchases into other coins. If the coin you want to buy is expensive, the number of tokens you can get is small, and if the token you want to buy is cheap, the number of tokens you can get is more. By using split buying, you can avoid investing when prices are at their peak, but it has the lowest rate of return among the investment strategies introduced this time. 
  2. Staking – Staking is a popular long-term investment strategy. Staking is a system in which users use coins deposited in their wallets for transactions on the network and the user receives additional tokens or interest. It is the most actively used passive income option in proof-of-stake coins. 
  3. Buying at lows and holding for the long term – this is the riskiest strategy. This is because no one can know exactly how the value of the purchased coin will change in the future. However, it is also a strategy that can generate a lot of profit if the coin price rises later.

Long-Term Holding Strategy After Buying Low

As introduced earlier, the long-term investment method that can generate the greatest profits is to purchase coins at low points and hold them until the price soars. However, it is not easy to predict the long-term future of the coin.

To use this strategy, we recommend purchasing a coin that has a network that other coins are based on, such as Ethereum, Bitcoin, Cardano, or MATIC.

However, even this is not a method that guarantees unconditional success. The best way is to check whether the network you are interested in offers passive rewards in the form of staking, P2E gaming, etc.

When staking tokens, the tokens cannot be used for a certain period of time. In other words, you have to wait until the coins arrive in your wallet. However, as time passes, passive rewards accumulate. Below, we explain how to use a long-term holding strategy after buying low.

  • Check the market price frequently and wait for the coin price to plummet.
  • Choose the coin that is most likely to surge in the future.
  • Purchase the selected coin.
  • Wait until the coin reaches its highest point.
  • Sell ??some of your coin holdings and wait for the price to rise before selling some.

Long Term Investment Vs Short Term Investment

Coin prices cannot be predicted accurately because they are determined by various factors. Coin investors use short-term and long-term investment strategies to earn as much profit as possible or to achieve stable returns. Both strategies can generate a lot of money, but they must be used correctly.

High ROI can be expected for both short-term and long-term investments. Therefore, the strategy can be selected according to the investor’s preferences and skills. Both strategies have pros and cons.

Choosing an investment strategy depends on your time, available funds, the level of risk you are willing to take, and your ability to deal with the stress of loss.

In general, long-term investments are more comfortable. This is because there is no need to always check asset prices. There is less stress, FOMO, and FUD when investing for the long term. If you purchase an exchange coin with high growth potential, you can expect huge profits in the future.

If you had purchased just one Bitcoin in 2020, you could have earned more than $60,000 by the end of 2021.

However, long-term investments can also be risky, and the return on your investment may decline over time if the value of the coins you purchase falls. When investing for the long term, it is also important to choose a cryptocurrency with advanced security features to prevent potential cyber-attacks.

Advantages Of Long-Term Investment

If you choose an investment coin well, you can make huge profits through long-term investment. Although long-term investing is risky, it is less stressful than other investment strategies. The advantages of long-term investment are explained below.

  • There is no need to check the coin price several times a day.
  • There is less stress and risk. There is no need to worry about short-term volatility and you can expect long-term rewards.
  • Free from FOMO and FUD.
  • You can earn huge profits. However, this is generally possible several years after investment.
  • Taxes can be postponed. When investing long-term, you can increase your capital through profits while reducing risk by diversifying your investments.

Conclusion

Long-term investing is one of the safe trading strategies that can steadily increase profits over a long period of time. If you are not swayed by the volatility of the coin market and can hold out until the coin price rises, long-term investment is recommended.

There are many recommended exchange coins, but the most recommended coin is the Bitcoin ETF token. The Bitcoin ETF is closely related to the approval of the Bitcoin spot ETF, which is currently the most talked about topic in the market.

If the Bitcoin spot ETF is approved, it is expected that Bitcoin will be able to enter the institutional system, and along with these expectations, the coin market is expected to grow overall. The Bitcoin ETF token has wisely taken advantage of this situation and is expected to grow in the future.

Buy $BTCETF Tokens Now

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