2022 will become one of the toughest and most challenging in the cryptocurrency industry’s history. The year has brought about some of the most bizarre events the industry has ever seen, and as we approach the end of the fourth quarter, there is no telling what lies in store. As it stands, the ongoing bear market, which began in the summer after crypto markets crashed alongside global financial markets, is all everyone within the industry is talking about. Spanning over four months, it is the longest bear market in crypto history and by far the most challenging.
Cryptocurrency regulars need to seek suitable solutions to ensure the stability of their businesses. A popular and proven strategy is long-term cryptocurrency investing. It mitigates the risk of running at a loss and brings massive returns in the long run. A good altcoin must be chosen to increase the chances of achieving such results.
This piece suggests three promising altcoins that could yield massive returns in the long run. Here’s why you should consider Chainlink (LINK), Cardano (ADA), and new crypto Big Eyes Coin (BIG) as long-term cryptocurrency investments in the ongoing bear market.
Chainlink (LINK) – The Secure and Popular Platform
Chainlink is a notable blockchain abstraction layer founded in 2017. It enables universally connected smart contracts and operates as a decentralized oracle network to ensure blockchain networks achieve interoperability. Chainlink (LINK) allows blockchain networks to interact with reliable data, such as external data feeds, events, and payment methods, without risking scalability or security. It also provides the necessary off-chain information that complex smart contracts require to become the dominant form of digital agreement.
Its native cryptocurrency, LINK, plays an integral part in its ecosystem and incentivizes the network. As an industry-leading altcoin, it is available on several prominent crypto platforms, such as Binance, Coinbase Pro, and Huobi.
Cardano (ADA) – The Profitable Crypto
Cardano (ADA) is a notable Proof of Stake (PoS) blockchain network within the industry with a clear mission to enable changemakers, visionaries, and innovators to bring about positive global change. It is a platform that seeks to help create a more secure, transparent, and fair society by redistributing power from unaccountable structures to the margins of individuals. Its technology is currently utilized for several cases, allowing decentralized applications (dApps) and smart contracts to be developed with modularity.
Its native cryptocurrency, ADA, is an industry-leading altcoin responsible for facilitating several crypto-related operations, such as network governance, payment fees, and user interaction. ADA is available on several top crypto platforms within the industry, such as Binance, Coinbase, and FTX.
Presenting the Revolutionary Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is an upcoming cryptocurrency that has become the industry’s subject of interest and excitement. The token’s appeal comes from its various exciting features, such as a massive supply, an exciting roadmap, and a lack of transaction taxes. Combining all these features makes it an exciting prospect and an ideal token for interaction and other crypto-related activities within the industry.
The Big Eyes Coin (BIG) is currently on presale and has already raised over $3.5 million. The token represents a low-risk, high-reward investment that could yield massive returns in the long run and save the portfolios of many struggling crypto investors, like Chainlink (LINK) and Cardano (ADA) continue to do.
For more information on the Big Eyes Coin (BIG), visit the links below:
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