Finding the best long term cryptocurrency to invest in can be a difficult task, but we’ve got a solution. Throughout this guide, we’ll be taking a look at eight of the best long term crypto projects on the market. Let’s begin. Here is a brief overview of each of the best long term cryptos. However, investors looking for more in-depth reviews can find those in the next section.
- Battle Infinity – Overall best long-term crypto
- Lucky Block – Long-term project with regular competitions
- Bitcoin – Blue chip long-term project
- Ethereum – Blue chip smart contract crypto
- Chainlink – Long term oracle provider
- FTX Token – Token from rapidly growing exchange
- Enjin – Long-term gaming token
- Stellar – Token leading the financial revolution
A closer look at the 8 best long-term cryptocurrency projects to invest in
We’ve done the research and reviewed eight of the most promising long term crypto projects i
n the market. Each has good fundamentals and will likely continue to perform well in the future. Battle Infinity- Overall best long-term crypto
Battle Infinity (IBAT) is aiming to merge the Metaverse and play-to-earn (P2E) sectors, making it one of the best cryptos to hold long term. Despite only being in pre-sale (which will run until the 10 October, 2022), it has already been KYC’d by CoinSniper and the smart contract audited by Solid Proof.
The project is split into six different platforms, each of which is packed full of utility. Two of its core gaming platforms are the IBAT Premier League and IBAT Battle Games. The former is a fantasy sports league releasing during phase-seven of the IBAT roadmap and the latter is a P2E gaming platform that will allow players to face off against one another in a series of well-crafted games.
Spotlight WireThe other platforms in the Battle Infinity ecosystem are IBAT Battle Swap (a decentralized exchange), IBAT Battle Market (an NFT marketplace for in-game assets and art from creators), IBAT Battle Arena (an immersive Metaverse world), and IBAT Battle Stake (a staking platform that allows users to earn interest on $IBAT and other cryptos).
All in all, due to its massive amounts of utility, a clear roadmap, and an excellent team, Battle Infinity is the best cryptocurrency to invest in 2022 for the long term. The project is powered by native BEP-20 $IBAT token.
Lucky Block – Long-term project with regular competitions
Lucky Block (LBLOCK) is a global NFT competition platform that is dedicated to reshaping the prize draw sector through the use of the Blockchain. By implementing blockchain technology Lucky Block has created a system that offers provably fair draws and fast rewards distribution, making it one of the best cryptos for the long term.
Spotlight WireLucky Block hosts regular competitions which can be entered in two ways. Firstly, by purchasing a ticket for $1 (5 ticket minimum) in order to gain entry into the weekly prize draw in which players can win exciting prizes like luxury vehicles and $LBOCK. Secondly, an NFT competition in which players gain unlimited weekly entries by purchasing a Lucky Block Platinum Roller Club NFT.
Powering the Lucky Block platform is the $LBLOCK token. While it’s currently using the BEP standard, toward the end of July the token will migrate to the ERC standard in order to support centralized exchange listings, beginning with the MEXC exchange. All of these factors combined, make Lucky Block one of the best long term crypto investments in 2022.
Bitcoin – Blue chip long-term project
Bitcoin (BTC) is the largest cryptocurrency on the planet. At its core, Bitcoin is a decentralized currency designed to allow people to transact without the need for a third party.
Spotlight WireAs the original cryptocurrency, Bitcoin is one of the most commonly invested in cryptos. It’s the most famous asset in the market and has already stood the test of time proving it to be one of the best assets for cryptocurrency long term capital gains.
You can’t go far wrong by investing in the largest asset on the market. For this reason, it’s safe to say that Bitcoin is up there with the best long term crypto investments.
Ethereum- Blue chip smart contract crypto
The second largest cryptocurrency and the basis for every ERC-based asset is Ethereum (ETH). This project was the first to incorporate smart contracts allowing developers to build their own projects on top of the Ethereum blockchain.
Spotlight WireWhile Ethereum is already well-established and tends to be a regular among the best long-term cryptocurrency portfolios, the upcoming ETH 2.0 upgrade will increase the network’s throughput, making it one of the best future crypto coins on the market.
Like Bitcoin, Ethereum is a standard site in a well-balanced crypto portfolio and is well worth consideration.
Chainlink – Long-term oracle provider
Chainlink (LINK) might not be the most exciting asset on the market but it is one of the best cryptos to invest in long term.
Spotlight WireThe project allows blockchains to interact with off-chain data sources in order to bring crucial information to on-chain projects. Chainlink is already used by a number of large projects including Aave and its adoption rate currently shows no signs of slowing down.
Chainlink provides a much-needed service in the crypto industry and will likely continue to perform well in the future making it perhaps the best long term cryptocurrency on the market.
FTX Token – Token from rapidly growing exchange
As the name implies, the FTX Token (FTT) was created by well-known exchange FTX. With the exchange growing and constantly expanding, it could well be the next BNB.
Spotlight WireThe FTX Token has a multitude of users. Investors that own FTT can gain access to exclusive presales and it can be also used as collateral for futures trading, for staking, and reducing transaction fees.
With immense buying pressure from the FTX exchange, FTT has held up well during the crypto winter. With the rate at which FTX is growing, FTT is up there with the best long term cryptocurrency projects.
Enjin – Long term gaming token
Enjin (ENJ) is a project that aims to merge the traditional gaming market and blockchain technology in order to create the next generation of P2E games.
Spotlight WireThe project’s core platform is the Enjin network that allows users to create, chat, and host virtual stores. Enjin aims to tokenize in-game items to allow for easy trading and cashing out.
With the rate at which the blockchain gaming sector is growing, Enjin might well be the best cryptocurrency for long term investment.
Stellar – Token leading the financial revolution
Founded by former Ripple team members, Stellar (XLM) is a transactional asset and one of the best cryptos for long term investment.
Spotlight WireThe primary objective of Sellar and XLM is to move assets cheaply and quickly. Its main use case is in the financial sector with current partners including MoneyGram and Circle.
Overall, Stellar is an interesting alternative to XRP and with some exciting established partnerships and more on the horizon, it’s up there with the best cryptos for the long term.
How to Buy IBAT
To ensure there’s no confusion when it comes to buying the best long term crypto investment we’ve included this guide detailing how to buy IBAT.
Step 1 – Register with an Exchange
In order to purchase IBAT, an investor first needs BNB. Therefore, the first step is to register with a regulated exchange like eToro.
Spotlight WireStep 2 – Deposit and buy BNB
It’s possible to deposit by clicking on the ‘Deposit Funds’ button, entering an investment amount, and pressing ‘Deposit’. Then, click the search bar, enter ‘BNB’, press ‘Trade’, decide how much to buy, and press ‘Open Trade’.
Spotlight WireStep 3 – Create Metamask and send BNB
Next, download either the MetaMask browser extension or mobile app, follow the on-screen instructions, and change the network to the Binance Smart Chain. Following this, withdraw BNB from eToro to MetaMask via the eToro Money wallet.
Spotlight WireStep 4 – Connect wallet and buy IBAT
Navigate to the IBAT presale press ‘Connect Wallet’, click ‘MetaMask’, and confirm the connection. Then, scroll down, decide how much IBAT to purchase, press ‘Buy IBAT’, and the tokens will be sent to the MetaMask wallet.
Spotlight WireDisclaimer: The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified.
