What is the best cryptocurrency to invest in right now?

vishnu · Post time 4-9-2023 19:17:16

I want to build a long-term portfolio in crypto for the time period of 5 years. Which are the high-quality cryptocurrencies I should add to make a good return in the future?

chetan · Post time 4-9-2023 19:34:06

The best cryptocurrency to invest in at any time in Bitcoin. It still dominates 48% of the market and is available for $25.5k only for a limited time because as soon as FED interest rates get flat and the SEC allows Bitcoin ETFs, they will buy Bitcoin like never before. There are price predictions of more than $100k by several people including Cathie Wood and Michael Saylor.

gautam · Post time 4-9-2023 19:46:25

The high-quality tokens to invest in for the long term are:
i. XRP because it has won a case against the SEC.
ii. Bitcoin and ETH because they are market leaders.
iii. L2 chain cryptos like MATIC, OP, etc. have a good future because Ethereum will need scaling solutions forever.

gulab · Post time 4-9-2023 19:57:55

Currently, crypto markets are going through a lot of uncertainties which will eventually fade away. However, we do not know what prices will drop to.