Over the last six months, the ongoing bear market has ravaged the cryptocurrency industry, making it difficult to perform daily activities, such as trading and investing. Many crypto investors have had to change their investment strategy in order to ensure the safety and security of their crypto assets. Long-term cryptocurrency investing has been the preferred crypto investing strategy in the current climate, mainly because it mitigates the risk of running at a loss and guarantees profit generation in the long run. With the start of the new year just a few days away, this piece covers three cryptocurrencies that crypto investors should consider for long-term cryptocurrency investing. See more below.
The ongoing bear market has been detrimental to the growth and development of the cryptocurrency industry, but many crypto analysts will argue that it is the perfect time to make crypto investments. This piece suggests three highly promising cryptocurrencies that could be fantastic crypto investments in the long run. Here’s all you need to know about Near Protocol (NEAR), Chainlink (LINK) and Big Eyes Coin (BIG).
Near Protocol (NEAR)
Near Protocol (NEAR) is a popular layer-one blockchain platform within the cryptocurrency industry that is notable for several reasons, the most prominent of them being that it offers feasible solutions to several problems that older systems within the industry have been battling, particularly transaction speeds, scalability and interoperability. Near Protocol’s design allows it to, among other things, operate as a community-run cloud computing platform with impressive speeds and performance levels. It is a very impressive blockchain system and an ideal environment for creating, designing and deploying decentralized applications (dApps).
Its native cryptocurrency, NEAR, powers and supports its ecosystem, facilitating the crypto operations within it, such as network governance, user interaction and payment fees. NEAR stock is listed on top crypto platforms within the industry, such as Binance and Coinbase.
Chainlink (LINK) is a notable blockchain abstraction layer within the cryptocurrency industry and the data processing industry. Chainlink (LINK) is notable for many things, such as enabling universally connected smart contracts and allowing blockchain networks to securely interact with themselves and external data feeds, events and payment methods. It is also one of the few blockchain networks providing feasible solutions to the interoperability problem within the cryptocurrency industry and is a reputable platform that allows the integration of off-chain data into smart contracts.
Its native cryptocurrency, LINK, is the fuel that powers its ecosystem, supports it and facilitates several crypto operations, such as network governance, user interaction and payment fees. LINK stock is available on prominent crypto platforms, such as Binance and Coinbase.
Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is an upcoming meme currency within the cryptocurrency industry with several impressive features that could see it gain global recognition, according to crypto analysts. Big Eyes Coin (BIG) is a first-of-its-kind cryptocurrency that does not require transaction taxes, meaning that crypto regulars such as traders and investors will not need to pay any fees when they use the token. An impressive feature such as this could see the token fast become a trader favourite in no time.
Another reason you may want to opt for Big Eyes, is its determination to contribute to the fight to save our planet, and to be a catalyst for change. Big Eyes will have a charity wallet, in which the contents will be donated to charities focused on ocean conservation.
Big Eyes Coin (BIG)