3 Top Cryptocurrencies to Buy and Hold Forever
The cryptocurrency market has taken a downturn recently. Some investors fear that this could be the start of a correction to rival the enormous plunge of 2017. Back then, leading cryptocurrency Bitcoin (CRYPTO: BTC) fell all the way from $19,500 to $6,700 per coin in the span of seven weeks. That's a 64% drop.
It's very different this time, though. Digital currencies are on their way toward a firm regulatory framework and widespread adoption, so you would be smart to pick up the best cryptocurrencies on big dips -- like the one we see right now.
Sharp corrections tend to sort out the wheat from the chaff, however. There are more than 8,000 digital currencies on the market today, according to Coinmarketcap.com. The vast majority of these tokens will have a short life, leaving early investors holding a bagful of regrets in the end. That's why you must take care to focus on the blockchain tokens with the best chances to survive and thrive in the long run.
Source Fool.com
