Top 5 Cryptocurrencies that are the best to Hold (HODL) for Beyond 2020?
HODL is a popular term among the investors of cryptocurrencies. It started out as the misspelling of “hold” and soon became a popular term, which referred to the act of buying and holding cryptocurrencies.
Now that’s clear, let’s discuss the best cryptocurrencies for you to invest or hold in 2020 & beyond.
With over 1500 cryptocurrencies in the market, it can become difficult to choose the right cryptocurrencies to buy and hold for 2019 and beyond. While some cryptocurrencies are good for day trading, some others can give more profits over the long term.
In my opinion, the future scope of a cryptocurrency depends greatly on its ability to adapt according to the market demand. Moreover, cryptos that are actually working (or trying) to solve the world’s problems may also have a good scope in the future.
If you’re looking to buy some new cryptocurrencies in 2019 with the purpose to hold, we will tell you about the best options here.
Ethereum (ETH) continues to remain one of the best altcoins to buy and hold this year. The unprecedented growth of ETH in recent years has shown that it is certainly one of the best cryptocurrencies to include in your portfolio.
The increasing use of the Ethereum network for creating and implementing ERC20 tokens is another reason why ETH will remain big for many coming years.
You can buy ETH on Binance and other crypto exchanges.
Titan coin is a digital currency, which can be used for making digital payments worldwide. It is more or less the same as bitcoin, except for the fact that the speed and security of transactions are way better.
With Titan coin, you can make peer-to-peer payments in an instant to anyone, anywhere in the world. Moreover, there are going to be multiple use cases for the titan coin, ensuring a healthy demand in the market.
XMR is one of the privacy coins which promote the idea of enabling everyone to transact privately over a decentralized blockchain network, where no outsider can see or access the private information of the transacting parties.
This also protects the personal information of the crypto enthusiasts from unwanted third parties, including the state or private agencies.
XMR is listed on multiple exchanges, including Binance and Kucoin.
KIN is a digital currency, which is created based on the idea of app monetization. It lets users earn more coins within the app and use them for a range of options inside or outside of the app.
KIN coins will be offered to the people for contributing to the development or growth of the community and can be utilized for a number of products and services as noted.
The coin can be purchased at a few exchange platforms, including Fatbtc.
If you are looking for an alternative to Ethereum and Bitcoin blockchains, there are good options like EOS which you can look into. EOS is a decentralized blockchain platform that works on a delegated proof of stake model, as opposed to the proof of work (PoS) model of Ethereum. The aim is to improve the speed and efficiency of the transaction process.
You can buy EOS at KuCoin