Bitcoin (BTC), It has experienced a drastic drop that will enable those new to the industry to learn the meaning of volatility. BTC price in a short time $44,000 withdrawn from levels to $34,000. Despite this, the drop could be a great opportunity for a company’s analysts.
Can ICP and LTC Work Wonders in 10 Years?
Motley Fool, one of the leading finance and analysis companies, in its latest publication, has two important altcoin mentioned. Motley Fool professional Trevor Jennewine In the statement made by the company, it is emphasized that this decline may actually be an opportunity.
While BTC’s decline from $69,000 is not good news for existing investors, Jennewine believes that big gains can be made in the 10-year framework.
The first cryptocurrency mentioned by the analyst is Internet Computer (ICP) it happened. The cryptocurrency project, known as Dfinity or ICP, can be expressed as a programmable blockchain that is made possible by the operation of different servers on independent data centers.
ICP price, which found itself in the top 10 when it entered the market, then fell sharply. Despite this, Motley Fool experts think it will actually be the “internet” of cryptocurrencies.
Motley Fool experts see ICP as the Amazon or Google of the future. The fact that it is highly scalable and offers smart contract support strengthens the hands of experts.
In second place is the highly controversial cryptocurrency. Litecoin (LTC) there is. The project, in which even its founder sold his LTCs, could be an investment alongside BTC, according to Motley Fool experts. Some of the advantages are that it is limited in supply, faster than BTC, and with lower transaction fees.
The analyst, who evaluates the collection from the bottom in the falling markets as beneficial, has given a utopian maturity of 10 years, but it is known that these time periods pass in the blink of an eye. In particular, it is recommended to create a long-term basket in order not to experience a regret 10 years later, similar to the phrase “If we had bought Bitcoin at the time, we would be rich now”.
On the other hand, experts state that metaverse projects can be evaluated in this period and that they can bring high profits in the next few years.
*Not Investment Advice.