The decline in the crypto money market in the last days, “have we entered the bear market?” It raised questions like never before. Investors who entered the market especially in the middle or at the end of the bull season have experienced losses of up to 80 percent due to the coins they bought from the top.
Cryptocurrency Since the market moves much faster than other markets, the concepts of “medium” or “long” here can be much shorter than in other markets. While the long term in the traditional stock market refers to a time frame of 5-10 years, this time frame can correspond to several years in the crypto markets.
Because, it is known that if major cryptocurrencies such as BTC and ETH are kept for a few years, it leaves serious profits to investors.
Some coins, which are in the top 50 by volume, are interpreted by experts as providing serious profits, especially if they are held for a “long” term. Here’s a closer look at those coins…
Algorand (ALGO)
Algorand (ALGO)stands out with its clear competitive advantage when it comes to speed and scalability. As of December 2021, it offered 1,162 transactions per second and a block final of 4.36 seconds. If we compare this speed with Bitcoin (7 TPS) and Ethereum (13 TPS), the importance of these figures will become even more evident. In addition, the file, data or money has reached its destination, which means transactions take less than 5 seconds.
IOTA (MIOTA)
The second cryptocurrency with a serious upward potential in the next few years is IOTA (MIOTA).
A less well-known project compared to ALGO, IOTA stands out with features such as uniqueness and outstanding network success.
An important feature is the fact that transactions on the IOTA network are free, as well as the launch of staking, which took place last month. Investors can now stake their coins to earn Shimmer or Assembly tokens. Also, a free smart contract-based network that will be released this year makes IOTA preferable. It should not be overlooked that its current partnership with Dell Technologies also creates a significant potential for IOTA.
Avalanche (AVAX)
Another altcoin with the highest earning potential in the medium-long term is Avalanche (AVAX).
A step ahead of other projects in terms of speed and scalability, Avalanche can process more than 4,500 TPS according to the developers and complete the transactions in under two seconds. In addition, the fact that it establishes branded partnerships enables AVAX to have significant potential.