Cryptocurrency has turned to one of the largest markets in the world.
Just recently, the total value of all cryptocurrencies exceeded $1 trillion, and many experts believe that there is still room for more growth.
Knowing this, many have decided to invest in this hot market. And to help these investors, we created a list of the best cryptocurrencies for long term investments.
This list includes 11 altcoins with their price predictions that have potential for highest returns.
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Best Cryptocurrencies / Altcoins for long term investment in 2021
An important question while investing in cryptocurrencies is: What altcoin to invest in?
With more than 7,000 altcoins available in the market, it is pretty much hard to choose one or two.
There are popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin that everyone knows about. And many others that majority have never heard about.
Each of these altcoins have certain benefits and problems.
Some offer excellent technology and innovation, and some are already too slow and too expensive. So, which one to invest in?
Keep reading to find the best cryptocurrencies and altcoins for long term investment in 2021.
Ethereum is a global, open-source platform for decentralized applications and it is also the most actively used blockchain.
We can define Ethereum in this sentence: Ethereum is the world’s programmable blockchain.
Ether (ETH) is the native cryptocurrency of the platform. It is the second-largest cryptocurrency by market capitalization after Bitcoin.
Ethereum is everything bitcoin is not. It is faster, cheaper, and supports smart contracts. In short, ethereum has better technology than bitcoin.
One reason that makes investing in ethereum promising is the launch of Ethereum 2.0. That is an upgraded version of ethereum which aims to solve scalability and security problems.
Currently, the Ethereum 1.0 network allows 30 transactions per second. But after the Ethereum 2.0 update, the number is expected to increase to 100,000 transactions per second.
This can indicate that ethereum is getting ready for being a mainstream currency.
Ethereum is currently in a surge. It has been constantly increasing for the last couple of months, and just yesterday (1/19/2021), ethereum set another all-time high record at $1,439.
Julian Hosp, a famous blockchain and crypto expert, predicts that the total market cap of ethereum could reach $200 billion by the end of 2021. If this prediction is true, the price of ethereum will rise more than 40 percent before 2022.
To wrap up: ethereum is the most promising altcoin to invest in 2021.
By examining its price and patterns in the last 6 months, we can conclude a possible Ethereum price prediction of $1,396.26.
With a price of $150, Litecoin is another investment worth altcoin.
This cryptocurrency showed strong growth (more than 8000% in 2017), which convinces us to include it in this list.
Litecoin has a strong foundation with a total market cap of around 10 billion dollars. It was originally released as a bitcoin spinoff and is very similar to it.
However, Litecoin takes only two and a half minutes to process a block, which means it is a lot faster than bitcoin.
Not only this, Litcoin also introduced exciting developments through 2020, which fueled many bullish speculations.
The launch of LiteBringer, a role-playing game, which is on the Litecoin blockchain, also caused a surge in Litecoin prices and transactions.
After the LiteBringer release, the Litecoin transactions tripled in a week, Litecoin Foundation reported.
The surge was so promising that CoinSwitch predicted the Litecoin price would reach $600 before 2022.
Another innovation of LiteCoin was performing a Lightning Network transaction in 2017. For those of you who don’t know, Lightning Network is a “layer 2” payment protocol that aims to enable fast transactions.
Using this Lightning Network, 0.00000001 Litecoin was transferred in less than a second, from Zurich to San Francisco.
Finally, Litecoin’s close similarity to bitcoin can also be a reason why investors show interest in investing in this cryptocurrency.
Considering all these reasons, we decided to include Litecoin in our list of best cryptocurrencies for long term investment in 2021.
After analyzing its price and patterns in a 6 month period, we conclude a Litecoin price prediction of $177.86.
3. Cardano (ADA)
Cardano is a cryptocurrency network and project that aims to run a public blockchain platform for smart contracts.
Cardano has its own cryptocurrency called ADA and is now priced at $0.38.
Ryan Selkis, the founder of @messaricrypto, predicted that Cardano could turn to the fifth biggest cryptocurrency in the world.
According to his predictions, the price of Cardano could increase to $0.45 before 2022.
This is not something far from the truth. In fact, the price of Cardano has the potential to pass $1.50 before 2022. It is only the matter of organizations investing in it.
One factor that can fuel a Cardano price surge is the release of Hydra.
Hydra is the 2nd layer solution that enables the Cardano network to process more than 1 million transactions per second.
Also, smart contracts and the ability to process payments off-chain can make Cardano one of the fastest systems in the world.
That is why we put Cardano (ADA) as our third suggestion in the list of best altcoins to invest in 2021.
By analyzing its price and patterns in the last 6 months, we conclude a Cardano (ADA) price prediction of $0.379909.
Polkadot is a next-generation heterogeneous multi-chain interchange and translation blockchain protocol, connecting multiple specialized blockchains into one unified network.
This network allows cross-blockchain transfers of any type of data or asset, not just tokens.
Until now, Polkadot has raised more than $200 million from investors across two sales of its DOT cryptocurrency, making it one of the most well-funded blockchain projects in history.
The DOT token serves three goals: governance over the network, staking, and bonding.
Polkadot presents transactional scalability by dispersing transactions over various parallel blockchains.
This network can easily upgrade and add new features or fix bugs, enabling Polkadot to adapt to changes and utilize better technologies as they become available.
Polkadot currently has a price of $16 and a market cap of around $16 billion, making it the #4 ranking coin in the crypto market.
By analyzing its price data and possible patterns, you can expect 15 to 20 percent profit by investing in it.
Polkadot is 4th on our list of best cryptocurrencies for long term investment and one of the most promising cryptocurrencies to look for.
After analyzing its price and patterns in a year period, we conclude a Polkadot price prediction of $19.59.
Uniswap is a fully decentralized cryptocurrency exchange that facilitates automated liquidity provision on Ethereum through the use of smart contracts.
This exchange has raised millions of dollars from enterprise capitalists.
According to Bloomberg News, Uniswap is estimated to be the largest decentralized exchange and the fourth-largest cryptocurrency exchange overall by daily trading volume.
Uniswap is an innovative exchange protocol. It enables anyone with an Ethereum wallet to exchange tokens without any third-party involvement.
This technology is one of the most successful projects that are part of the Decentralized Finance (Defi) movement. And probably will have some exciting implications for the future of trustless token swapping.
Uniswap is currently priced at $7.92 and constructs a total market cap of around $2 billion.
By analyzing its price and patterns, we found that there is a 10 to 15 percent expected profit in investing in Uniswap.
That is why we add Uniswap as our 5th recommendation for long term crypto investment.
By analyzing its price and patterns in the last year, we conclude a Uniswap price prediction of $9.51.
6. OKB Token
OKB is the native exchange token of OKEx that provides discounts on trading fees, access to the OK Jumpstart initial exchange offering (IEO) platform, and voting rights for tokens to be listed on the exchange.
In the future, it will be used to pay transaction fees on the OKChain blockchain as well as decentralized exchange OKDEX.
By holding OKB, you can get:
- Trading Fee Discount
- Passive Income
- Token Sales
OKEx is well determined to keep the price of their cryptocurrency high by keeping the supply low.
In every three months, they use 30% of the income from OKEx spot trading fees to buy back OKB and burn them.
They do this by sending the OKBs to an unreachable wallet.
In total, there are 300 million OKB in circulating supply. OKB is currently priced at $6.11 and constructs a total market cap of more than $350 Million.
By analyzing the OKB price, its patterns, and its offers, we predict a 50% expected profit. In simpler terms, we expect the OKB price to double in the coming months.
That is why we included OKB in our list of best cryptocurrencies for long term investment in 2021.
By analyzing its price and patterns, we can conclude an OKB price prediction of $9.09.
7. Cosmos (ATOM)
Cosmos is a decentralized network enabling data exchanges between different blockchains.
In their own words, Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms.
It was launched in March 2019 via an initial coin offering (ICO) in 2017. The project primarily aims to create an “internet of blockchains” that resolves scalability and interoperability issues.
Before Cosmos, blockchains were unable to interact with each other. They were difficult to build and were very limited, could only handle a small number of transactions per second.
Cosmos offers a solution to these problems with a new technology vision:
With the deployment of both Tendermint’s Byzantine fault-tolerant consensus protocol and the Inter-Blockchain Communication (IBC) protocol, blockchains built on top of Cosmos retain their independence while interacting with each other.
ATOM is the native cryptocurrency of the Cosmos network and currently has a price tag of $7.30.
By considering its innovations and price patterns, there is a 20 to 30 percent expected profit from investing in it.
Keeping this in mind, we added Cosmos (ATOM) in our list of best cryptocurrencies for long term investment.
By analyzing its price and patterns for last year, we can conclude a Cosmos (ATOM) price prediction of $9.92.
8. Crypto.com Coin (CRO)
Crypto.com Coin (CRO) is the native token of the Crypto.com Chain.
The Crypto.com Chain was created to build a network of cryptocurrency projects and develop merchants’ ability to accept crypto as a form of payment.
The Crypto.com Chain is a high performing native blockchain solution, which will make the transaction flows between crypto users and merchants accepting crypto seamless, cost-efficient, and secure.
CRO is now available on Defi Swap. Users can swap CRO and increase their profit by up to 20x when staking CRO.
CRO is currently priced at $0.07 with a total market cap of more than $1.5 billion.
There are many promising predictions about this coin. By analyzing its price over the last 6 months and patterns, we can expect 100 to 150 percent profit by investing in it.
That makes us suggest CRO as one of the profitable altcoins to invest in 2021.
By analyzing its price and patterns, we conclude a CRO price prediction of $0.180124.
9. Theta Network
Theta Network is an advanced video delivery network powered by blockchain technology.
They allow their users to watch videos and win tokens for relaying video to other users who are also watching the same content.
For video platforms, integrating Theta into their video delivery stack allows them to reduce their video delivery cost, increase viewer engagement, and make progressive revenues.
Theta Network has two tokens:
- Theta Token (THETA): It is the governance token of the Theta protocol. THETA is used to stake as a Validator node that contributes to block production.
- Theta Fuel (TFUEL): It is the operational token of the Theta protocol. TFUEL is used for on-chain operations like payments to Edge Node relayers for sharing a video stream.
THETA is currently priced at $ 1.82 and constructs a market cap of more than $1.80 billion.
Theta is the best investment for video platforms who plan to use the network in the future.
But apart from that, investors can also expect a 20 to 30 percent return by investing in its token (THETA).
By analyzing its price and patterns, we can conclude a THETA price prediction of $2.36.
10. Aave (AAVE)
Aave is an open-source decentralized lending system and non-custodial liquidity protocol that allows users to lend, borrow and earn interest on crypto assets, all without middlemen.
AAVE runs on the Ethereum network and is a system of smart contracts that are managed by a spread network of computers.
That means that there are no middlemen involved in managing the smart contracts, and thus, no trust issues.
Aave software enables the creation of lending pools that let users lend 17 different cryptocurrencies, including Ethereum, BAT, Mana, and excluding Bitcoin.
Similar to other decentralized lending systems on Ethereum, Aave borrowers must post a deposit before they can borrow.
Also, they can only borrow up to the value of the deposit they post.
You can invest in Aave by buying its coin (AAVE), which is currently priced at $179.
By analyzing its price over the last 6 months and investigating the patterns, we expect Aave to grow 10 to 15 percent. In other words, Aave has a potential price of $201.
By analyzing its price and patterns, we can conclude that AAVE has a price prediction of $207.9.
NEO is an open-source blockchain-based decentralized platform founded in 2014.
The vision of this project is to realize a “smart economy” by employing blockchain technology and smart contracts to distribute and control digitized assets.
NEO describes its Smart Economy System as:
Digital Assets + Digital Identity + Smart Contract = Smart Economy
This platform enables linking one physical asset with an equivalent and unique digital avatar on its network.
One main selling point of the Neo blockchain is its continuous development, which helps ensure that it is futureproofed and ready for a sudden increase in demand.
The project has developed Neo 3.0 to enhance network security and allow for a larger number of transactions per second.
NEO is worth considering for investment because it offers a unique feature: the ability to create a smart economy.
NEO is currently priced at $22, but by analyzing its 6-month price data, there is a possible profit rate of 16%.
That is why NEO is on our list of best cryptocurrencies for long term investment.
By analyzing its price and patterns, we can conclude that NEO has a price predicition of $28.59.
Cryptocurrencies and altcoins are growing at an incredible rate. The total value of all cryptocurrencies has exceeded $1 trillion and is on the way for more. So, it can be the best time for investing in cryptocurrencies.
Knowing about this, we committed ourselves to create a list of the best cryptocurrencies for long term investment and the best altcoins to invest in 2021, which are as follow:
- Cardano (ADA)
- OKB Token
- Cosmos (ATOM)
- Crypto.com Coin (CRO)
- Theta Network
- Aave (AAVE)
These are the eleven most promising cryptocurrencies to invest in 2021. However, keep in mind that there is no 100% assurance of profit in investing in these altcoins. So, invest at your own risk.
Best Cryptocurrencies For Long Term Investment FAQs
Is cryptocurrency a good long term investment?
The short answer is, Yes. Long term cryptocurrency investment can result in prominent gains and significant profits. However, there are some risks associated with it, too.
Which cryptocurrency is best to invest in 2021?
As per our investigations, it is Ethereum. Ethereum is a global, open-source platform for decentralized applications and it is also the most actively used blockchain. One main reason that makes investing in ethereum promising is the launch of Ethereum 2.0. That is an upgraded version of ethereum which aims to solve scalability and security problems.
Which Cryptocurrency is growing the fastest?
Bitcoin. It has a high price record of more than $40,000 and a market cap of more than 600 billion.
Is crypto a safe investment?
All investments come with risks, and crypto investment is not an exception. Plus, the cryptocurrency market is highly volatile, which means it can result in high profits as well as tremendous losses.
Is now a good time to invest in cryptocurrency?
Yes, it is. The total value of all cryptocurrencies exceeded $1 trillion. This is an indication of the strong foundation cryptocurrencies has built. So, it can be the safest time to invest in them.