The year 2022 turned out to be stressful for crypto investors. Amidst the economic crisis and a record level of inflation, the crypto market has shown a drastic downtrend. Many crypto holders strive to get rid of their investments and hedge risks, while others find this an excellent opportunity to buy crypto.
Cryptocurrency trading is not all about being assets at a low price and selling them at higher rates. Experienced traders know how to make a profit even on a dropping market. In this article, we will discuss the assets that are worth buying this year.
Buying Crypto For The Long-Term
Talking about long-term investments, we recommend purchasing the following assets.
- BTC (Bitcoin). The most popular coin ever. This asset shows stable growth in the long run, and those who have bought it at a low price cannot but agree. You can purchase cryptocurrency on all existing exchanges. The current rate (as of early July 2022) is $19,447.
- BNB (Binance coin). Binance is the most popular and the largest exchange for cryptocurrency purchase and trading. BNB is the native currency of Binance. Initially, it was used for lowering transaction fees. Since the Binance exchange is the biggest and the brightest minds stand behind it, the project is constantly developing and building more use cases for its crypto coin. The current rate – $214.82
- ADA (the Cardano project). The interesting thing about Cardano is that it has many real use cases in daily life, helping companies do business more efficiently. For example, this project helps track agricultural supply chains. Also, the platform is used for the validation of academic certification. The current price – $0.44.
Always learn the essence of the project; if you see a big idea and a lot of use cases for its cryptocurrency, that means the project is worth investing in. Besides, check out who stands behind the project and its partners. It will give you a clear vision of the project’s prospects, and eventually, you will buy cryptocurrency and generate a profit.
