A little bit more than a week ago I wrote an article that dealt with five cryptocurrencies that I believe will be worth way more than today in two years from now. It was quite interesting to write the article and it was very interesting to think a little bit different. Whenever I have invested recently, I have often been thinking about quick profits, and that if a project will survive for 100 days, then I will be in profit and after that, even more in profit.
But, if you then have profit that you want to invest in projects that you trust and believe in long-term, which ones would that be? Do you have any favorite cryptos that you really trust will be around for years and that you believe will tank in the future? And even if a bear market should come, they will be around? And if a bull market should turn up, then it will tank a lot?
Some people might say that we are a in a bull market right now, while others might say that we are in a bear market. To be honest, I feel as if we are in the midst, some sort of consolidation period, with most cryptos actually dropping in value, but still moving upwards overall.
Source: Pixabay
Where do you see all of this in a few years?
Now think about a couple of crypto projects... let us think about HIVE, Ethereum, BAT, GALA, and BNB. Now ask these questions:
- Are these projects constantly being developed?
- Do they have vibrant communities?
- Is there an actual use case for the tokens?
- Do you know the people behind the projects? Are they legit?
- Are they building for the future?
- Will they survive a bear market?
These are all questions that will help you understand whether or not these are projects worth investing in with the future in mind. To be honest, all the tokens I wrote about earlier are projects that I trust will be around long-term so I could easily invest in all of those.
But, if you would then add projects such as FantOHM, Thor Financial, and several others, then I wouldn't be sure at all.
So, I recommend you think for a while about your investments, ask yourself these questions, and later write a comment and let me know which projects you believe in long-term and that you have invested in.