What are the top defensive cryptocurrency assets to consider for long-term investment?

1 answers

• priestly-daniel akpanOct 13, 2022 · 3 years ago
  When it comes to long-term investment in cryptocurrencies, one of the top defensive assets to consider is Bitcoin (BTC). Bitcoin has been the leader in the cryptocurrency market for many years and has proven its resilience and stability. With a limited supply and increasing adoption, Bitcoin has the potential to provide long-term growth and act as a store of value. Other defensive assets to consider include Ethereum (ETH) and Ripple (XRP). Ethereum is the second-largest cryptocurrency by market capitalization and has a strong developer community and a wide range of use cases. Ripple, on the other hand, focuses on providing fast and low-cost international money transfers. Both of these assets have shown stability and growth over time. However, it's important to note that investing in cryptocurrencies carries risks, and it's always recommended to do thorough research and seek professional advice before making any investment decisions.
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