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Long-term crypto investments often rely on market cycles to put them on the radar for the wider crypto audience. Bull markets, where values skyrocket, inevitably cycle into bear markets, where values slump significantly. It is during the latter events that the best long term crypto bargains are to be had. Timing investments right can create great opportunities to hold on until the bull market conditions return, often after Bitcoin (BTC) halving events.
Bear market conditions are continuing into early 2023, and there is growing potential for long-term investors to make gains. Here are the seven best long term crypto investments to purchase now to ensure maximum returns during the next bull market:
- Metacade (MCADE)
- Bitcoin (BTC)
- XRP (XRP)
- The Sandbox (SAND)
- Axie Infinity (AXS)
- Synapse (SYN)
- Solana (SOL)
1. Metacade (MCADE) – GameFi innovation with substantial long-term potential
Metacade is the metaverse’s first community-owned blockchain-based virtual gaming arcade and the best long term crypto investment, offering potentially enormous returns. The platform aims to become the most significant source of play-to-earn (P2E) games in the metaverse, with generous income coming from the form of crypto rewards available to users. Metacade aims to build the largest community of gaming enthusiasts, from casual gamers to more seasoned campaigners.
Although primarily a P2E platform, there are several other features from which users can benefit, such as the Create2Earn scheme that rewards users for social interactions with the hub, the Compete2Earn plan through which users can stake their native MCADE token to enter prize draws and online tournaments, and from Q1 2024 onwards, the novel Work2Earn scheme.
New developers also stand to benefit significantly from Metacade just as much as gamers, with the Metagrants scheme offering the opportunity to win funding to support the creation of new, exclusive titles. Applications are placed into a pool, which goes before the community, who vote for their favorites. Ideas that gain the most votes receive support, with crypto grants behind them. Metagrants go live in Q3 of 2023, with the first titles hitting the virtual shelves in 2024.
Why buy MCADE?
Presales offer investors excellent opportunities to support new projects in their earliest stages and those with the most robust project plans regularly skyrocket in value when they hit exchanges. Metacade is clearly shaping up to follow that trend.
The MCADE token offers excellent intrinsic value and despite launching amid crypto bear market conditions it has seen huge interest across investor groups. With demand likely to surge when it goes public and bull market conditions to follow, early investors stand to make monumental gains in the coming months and years. Together, these conditions make MCADE the best long term crypto investment currently available.
>>> You can participate in the MCADE presale here <<<
2. Bitcoin (BTC) – The biggest crypto player setting market expectations
Crypto markets are inextricably linked to the performance of Bitcoin, the largest cryptocurrency in circulation. As a pioneer in the world of cryptocurrency, Bitcoin has cemented itself as the flagbearer of value across crypto markets. For many investors, Bitcoin is regarded as a reserve currency for crypto markets in the same way USD holds sway across global stock markets.
Consequently, when BTC undergoes a slump in value, all other cryptocurrencies follow suit, making the performance of Bitcoin the gauge against which market conditions can be measured. When Bitcoin is thriving, crypto markets experience bullish conditions. During slumps in price, such as in 2022 and now, in 2023, bear market conditions tend to affect the whole market.
Why buy BTC?
While BTC has been trading at some of the lowest levels for several years during current bear market conditions, history has shown that bull markets usually follow hot on the heels of the Bitcoin halving event. The next halving event, where the reward for Bitcoin mining is halved to counteract inflation, is due in April 2024.
In addition, it is good practice for investors to hold a balanced crypto portfolio with more than one coin and some Bitcoin reserves. With the current low bear market price and the upcoming halving event, Bitcoin price predictions suggest that the value of BTC will skyrocket again in 2025, providing enormous returns for long-term investors.
3. XRP (XRP) – The best long term crypto investment in DeFi solutions
XRP, otherwise known as Ripple, is a DeFi digital asset that supports real-time global payments by facilitating financial transfers efficiently and with extremely low fees. The platform’s enormous strengths lie in its vast number of user cases, which includes up to 60% savings in transaction fees compared with real-world financial bodies.
The native XRP token underpins Ripplenet, one of the best enterprise-grade Fintech payment transaction providers over the past decade, reducing the time it takes for banks to process international transactions. In addition, XRP supports the XRP Ledger (XRPL), a new decentralized blockchain network supporting smart contracts and decentralized apps (dApps).
Why buy XRP?
Ripple is currently undergoing a long-term lawsuit from the US Securities and Exchange Commission (SEC), which makes it a curious choice as a long-term crypto investment at first glance. However, many experts believe that Ripple will emerge unscathed from the lawsuit, providing the coin value with an immediate boost.
This, allied with Ripple’s long-standing relationships with several global financial institutions, including the Bank of England and JP Morgan, provides extra assurance of XRP’s health as a long-term crypto investment.
4. The Sandbox (SAND) – Celebrity-backed GameFi title with huge potential
The Sandbox is one of the most popular decentralized GameFi platforms that allows users to purchase digital real estate plots and develop them into several different uses. Gamers familiar with Minecraft and Roblox will feel at home in The Sandbox, while the platform’s user-generated content (UGC) capability is amongst the best of any blockchain-based game.
Users can employ The Sandbox’s simple and intuitive plug-and-play mechanics to create their UGC, from digital assets and characters to some of the most in-depth metaverse gaming experiences anywhere.
The Sandbox has benefitted from the backing of some of the biggest names in the worlds of fashion, big business, and pop culture, with Snoop Dogg, Paris Hilton, Adidas, and Gucci amongst those to have purchased digital land. To showcase the platform’s capability, Warner Music has created a virtual musically-themed amusement park, while Tony Hawk has announced plans to build a virtual skate park for users to experience.
Why buy SAND?
The Sandbox has positioned itself as a critical player in the digital real estate and GameFi sectors with its accessible UGC tools that anyone can use and the backing of big names. With forecasted revenues of $800 billion by 2028 in the digital real estate industry and more than 165,000 individual real estate plots in The Sandbox, the platform’s longevity looks assured.
While the Sandbox has suffered at the hands of bear market conditions, the current low value of SAND, priced at $0.4579, represents excellent value as a long-term crypto investment opportunity.
5. Axie Infinity (AXS) – Metaverse PVP title continues to draw in fans
Sky Studio’s flagship metaverse gaming title Axie Infinity is an excellent GameFi title that will be familiar to fans of Pokemon Go, which exploded into the gaming consciousness a few years ago. This blockchain-hosted title combines excellent P2E capability with the addictive experience of Pokemon Go.
The native AXS token is used to buy, sell and trade characters known as Axies, which can be trained, equipped, and developed to improve their ability in battles against the Axies of other players. Winning duels give gamers rewards that can be cashed to re-equip their characters, improve their battle capabilities, or buy new Axies to add to their arsenal.
Why buy AXS?
2023 will see several developments rolled out across the Axie Infinity platform to bring the best Web3 technologies, improving the gameplay experience without affecting the user experience. The bespoke Ronin bridge, an Ethereum sidechain, promises to allow the game to make full use of the power of Ethereum’s blockchain.
AXS has been an established coin for several years and, consequently, has been affected by the bear market conditions experienced in 2022. The current price of $7.37 is significantly lower than the coin’s all-time high of $166, achieved during the last bull run of 2021, and shows the significant long-term potential for investors that buy now.
6. Synapse (SYN) – Cross-chain messaging protocol with excellent prospects
Experts predict that blockchain interoperability will develop over time to a point where different chains can fully communicate with each other. Interoperability is currently possible, although it has inherent security risks, creating access points for hackers.
Synapse is a cross-chain messaging protocol that solves this security headache by creating a secure data-sharing method between blockchains, enabling secure smart contract instructions. One of the many use cases for Synapse is helping dApps launch on multiple blockchains with the same code, making SYN a potentially significant player in the crypto space over the next few years.
Why buy SYN?
The case for a solution such as Synapse is clear, with more and more operators looking for cross-chain interoperability. Indeed, blockchain’s future will see a fully-linked ecosystem of networks and dApps with cheaper and faster transactions. Synapse has already positioned itself as a pioneer in this field.
SYN was launched at the end of 2021, just after the peak of that year’s bull market, meaning that it has yet to experience the full benefit of those conditions. Combined with the vast potential of Synapse’s service in the coming years, there is significant scope for SYN to be one of the best long term crypto investments.
7. Solana (SOL) – Ethereum alternative is the leading next-gen blockchain option
Solana’s innovative proof-of-scope (PoS) and proof-of-history (PoH) consensus blockchain suddenly provided customers with a low-cost, high-speed alternative to Ethereum’s unwieldy proof-of-work (PoW) offering. They sent shockwaves through the market when it was released. Although Ethereum has closed the gap, Solana has shaken off its links with fallen crypto-giant FTX to remain one of the most extensive Web3 ecosystems on the market.
The network is home to several popular NFT collections, dApps, and other platforms, which have benefitted from Solana’s market-leading transaction processing block finality. In addition, Solana offers excellent energy efficiency and high capacity while offering users excellent security and scalability.
Why buy SOL?
Solana’s native SOL token has fallen significantly from its high of $260, achieved during the height of the 2021 bull market, to its current value of $17.29. This shows the coin’s growth potential ahead of the next bull market and, combined with plans in 2023 to release a phone that can support dApps, the number of Solana users is only likely to increase.
Predictions are that it could beat its all-time high in the next couple of years, making SOL one of the market’s best long term crypto investment options.
Metacade: The best long term crypto investment option with huge return potential
MCADE’s presale performance has raised eyebrows since launching the beta phase, which sold out in three weeks, amounting to an investment of more than $1.12 million. The presale has since gone even further, beating all expectations and raising a staggering $4.1 million. The current presale stage price of $0.012 represents excellent value, with the token scheduled to progressively increase in price as it moves toward its public release.
Signs are that the presale will sell out rapidly, making quick purchases of MCADE tokens essential for anyone seeking to maximize the long-term earning potential behind Metacade. With demand for tokens expected to surge once as coin hits exchanges, and the return of bull market cycle conditions on the horizon, MCADE is the best long term crypto investment for investors to add to their portfolio.
You can participate in the MCADE presale here.
The post The 7 Best Long Term Crypto Investments appeared first on Invezz.
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The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.