Bitcoin A list of top cryptocurrencies to buy in 2022 is incomplete without Bitcoin, the king of cryptocurrencies. There is no wrong in saying that Bitcoin drives the crypto market. According to experts, you can enjoy a big profit by investing in Bitcoin.
Ethereum Ethereum is a platform that allows you to create online contracts. This means people can now use Ether as their currency for these contracts. One of the great things about Ethereum is that it has a wide range of uses.
Litecoin Litecoin has a maximum of 84 million coins, which is four times as many as Bitcoin. The block generation time of Litecoin is 2.5 minutes per block.
Ripple The Ripple network allows individuals to exchange money with each other, no matter where they are located or what bank they use. The Ripple network is powered by XRP.
Binance Coin Binance Coin, also known as BNB, is the cryptocurrency developed and marketed by Binance exchange. Although it was originally based on Ethereum, it is now based on its own Binance chain. BNB is used as a utility token to pay for trading fees and transactions at a lower price.
Cardano Cardano is a decentralized, open-source, public blockchain platform where consensus is achieved with proof of stake.
Dash Cryptocurrency Dash started out as a privacy coin and is now used for daily transactions. It is one of the more well-established and well-known coins in the crypto space.
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https://news.cision.com/cryptopr/r/top-10-cryptocurrencies-to-buy-in-2022,c3465342There are many popular crypto is now available in crypto market. Not all of these are suitable for long-term investment. Choosing a good token for investment is also a matter of many qualifications. So I hope everyone's important opinion.
Which of these currencies would you choose as a long term investment?
I think, Only Bitcoin, Lite Coin and Binance Coin are suitable as long term investments.
I think the market is making a dynamic shift in 2022. I think more than half of the top 10 now, will not remain on that list for more than 24 more months (risky prediction. remind me later). The shake out will happen this year. So, Bitcoin, ETH, BNB maybe. But after that, it's hard to say definitively. I believe there will be a lot of money coming out of fiat and into crypto currencies though. Which leaves a lot of room for others to take over these top spots.
Influencers and Maxis of all types and coins will try to keep things the same. But things evolve and times change. It would be hard to reverse-link all of the new technologies and innovations with such ironclad and basically unchangeable chains. We will need new ones, constantly and forever. Don't get me wrong. Blockchain WILL change the world. But it is basically an idea, and is not proprietary to any one coin. Unless you can build more and more products/applications on top of that chain, it is just a store of wealth (a good savings account). There needs to be others vying for the most relevance combined with real world applications and use-cases.
That all being said, I think coins that are tied to real world assets, or have real world impacts, are going to be the next BIG trend.
Gaming will create a bridge between the real world and the blockchains. This concept will be a little more accepted mainstream, as most people are used to buying these "digital currencies", to buy things in-game. Whoever becomes the underlying asset for these "game currencies" will dominate.
The NFT market will soon turn more to NFTs that are tied to things like real art or property. Those who can tie the real world with NFTs might change the world. Real estate would change forever. Imagine partial ownership of a historical landmark or a 1-of-a-kind property. Not easily possible on paper contracts, across multiple countries. But with a smart contract on a blockchain, it might very well change the world.
To make the list you will have to be in - Real Estate - Fractional Ownership (F-NFTs) of 1-of-a-kind Art / Property / Land - Gaming currency - Bridges to all forms of crypto and fiat - NFT marketplace - Dapp developmental access - AND be on a chain that can scale up, adapt and comingle with other chains.
(This is my first post in the Bitcoin Forum. Please be kind. Any advice is appreciated. Thanks!)