Top 11 Altcoins for Long-Term Investments

Best Altcoin For Investment


Do you want to invest in cryptocurrency? These are the top 11 Altcoins for long-term investments.

The growth in cryptocurrency investment has genuinely been outstanding with billions of US dollars already exhausted in both the acquisition and trade of this phenomenal digital entity.

The leading player in this evolving investment market, BitCoin, has continued to thrive despite several serious attempts to halt its proliferation.

The pioneering currency of the cryptocurrency market has repeatedly triumphed over aggressive policies that aimed to render it useless, surging on to become the most valuable digital currency in the entire globe.

Now valued at about $10000, BitCoin has set a very impressive pace that other struggling cryptocurrencies and altcoins must attempt to meet if they are to be viewed in the same light as the internet's top currency.

While many of the altcoins have earned reputations that make them viable alternatives to Bitcoin, their journey to universal recognition and increased valuation has been less than stellar.

It is, however, vital these altcoins are not immediately dismissed, given that the challenges they suffer presently have been overcome before.

For investors that wish to take advantage of the influx of altcoins into the cryptocurrency market, the Top 11 Altcoins for Long-Term Investments elaborated below represent the most promising digital investments available.

 

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  • Ethereum


what is ethereum for

This innovative blockchain software offers far more value than most other altcoins in the virtual market.

The product of a broad alliance between Microsoft, J. P Morgan, and Intel, Ethereum has proven itself to be the next best thing after the pioneering digital currency, Bitcoin.

This altcoin, however, can’t entirely be referred to as a currency since its use and application isn’t solely limited to the facilitation of payment transaction and the storage of monetary value. Simply put,

Ethereum is a platform that helps facilitates the building and running of smart contracts and Distributed Applications without the element of fraud, interference, and control from a third party.

With its peculiar cryptographic token, Ether, the platform can function as a commercial entity, facilitating the payment of funds and the accumulation of value.

 

Ethereum at a Glance

Market Capitalization: $43 Billion
Circulating Volume: 97 Million

Website: https://www.ethereum.org/
Where to Buy: Shapeshift, Coinbase.com

 

  • Ripple


what is ripple for

While Bitcoin and Ethereum can be considered as the leaders in the blockchain market; Ripple certainly ranks top among the second-rated altcoins that are traded on the internet sphere.

A digital funds-transfer innovation, Ripple primarily offers a more efficient mechanism for the relocation of funds across the entire globe.

This impressive invention is guaranteed to make traditional money-transfer methods like the Western Union obsolete though it still has a long way to go if it is to replicate the success of more robust digital currencies like Ethereum and of course the much-revered Bitcoin.

However, with Ripple already being used by some financial institutions for the secure transfer of funds, it will be very ignorant to bet against this one of a kind cryptocurrency.

Ripple at a Glance

Market Capitalization: $6 Billion
Circulating Volume: 38 Billion Coins
Website: Ripple.com

 

  • Litecoin


what is litecoin for

This cryptocurrency is most often referred to as the silver to Bitcoin’s gold due to the similarity in their application and the vast disparity in their value.

Notwithstanding the gap in the valuation of the two blockchain products, Litecoin has proven to exhibit a handful of useful features that make it a more efficient digital currency than its much-heralded competitor.

Perhaps the most important of these features is its mining speed, which ensures that a block of the cryptocurrency can be generated every 2.5 minutes; unlike Bitcoin, which requires at least ten minutes to create one block.

Litecoin’s liquidity is also entirely laudable with 84 million coins able to be produced without interruption even as Bitcoin barely manages to generate 21 million coins.

This is usually the reason why the latter is frequently hoarded when its price appreciates.

Litecoin is equitably distributed among its miners just because the currency utilizes a more balanced mining protocol that helps in the efficient allocation of the coins.

The technology implemented within the Litecoin blockchain is also quite impressive with the blockchain being the first to perfect the application of Segregated Witness (SegWit).

 

Litecoin Classic at a Glance

Market Capitalization: 5.5 Billion
Volume: 84 Million LTC
Circulating Volume: 54 Million LTC
Website: Litecoin.com

Where to Buy: Coinbase.com, Litecoin.com

 

  • Dash


what is dash coin for

Dash is perhaps one of the few altcoins with a mechanism that can almost be likened to that of cryptocurrency pioneer, Bitcoin.

Brilliantly coined from the combination of the technical term, “digital,” and the financial term, “cash,” Dash has proven to be capable of exhibiting more fluidity than its much favorite competitor.

Known as the internet’s cash-in-hand, the cryptocurrency functions as a peer-to-peer payment mechanism that has been decentralized.

With the digital currency's ultimate aim being to be as liquid as cash equivalent of any base currency, it has implemented lots of technical alterations to make this a possibility.

Built with the core code of Bitcoin along with several modifications to make it swifter and secure, Dash is already garnering lots of supports and may very well be the next surging cryptocurrency in the digital market.

 

Dash Classic at a Glance

Market Capitalization: $5.9 Billion
Volume: 18.9 Million DASH
Circulating Volume: 7.7 Million
Website: dash.com
Where to Buy: Dash.org, 99bitcoins.com

 

  • NEM


what is nem coin for

A peculiar feature of this peer-to-peer cryptocurrency that differentiates it from more popular alternatives is its programming code, which is written in the much original Java language.

Though this innovative blockchain platform is yet to catch on globally, it has found a localized clientele base in the Japanese market, where financial institutions and corporate establishments utilize it along with the blockchain platform,

Launched in 2015, Nem immediately succeeded in becoming one of the relevant altcoins in the digital currency market.

It achieved this by ensuring that multiple entities can profit from the harvest of a blockchain, hence, facilitating a more balanced spread of revenue among all NEM harvesters.

With its innovative proof-of-importance algorithm, the digital currency can reward investors that remain loyal to the money, which in turn helps raise the valuation of the blockchain entity.

 

NEM Classic at a Glance

Market Capitalization: $2.5 Billion
Circulating Volume: 9 Billion
Where to Buy: Nem.io, Buyingnem.com

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  • Ethereum Classic


what is ethereum classic for

Born out of the controversial hard-fork that was executed to refund The DAO holders, Ethereum Classic has a striking resemblance to its more famous twin blockchain platform.

All the wallets and transactions carried out before the hard-fork remain valid on the Blockchain of Ethereum Classic even though Ethereum now represents the modified version of the blockchain.

The features offered by Ethereum Classic are quite similar to those of conventional Ethereum, with attributes like the development and deployment of smart contracts and the decentralization of the blockchain’s application still very relevant.

With the price of Ethereum Classic still wavering below the $40 mark, it provides a tremendous hedging opportunity for investors in case it follows the price route of its more famous twin.

 

Ethereum Classic at a Glance

Market Capitalization: $2.9 Billion
Circulating Volume: 98 Million ETC
Where to Buy: Coinbase.com, Coinspot.com.au

 

  • Monero


what is monero about

Infamously known as the currency of the darknet, Monero offers a feature that most users of digital currencies crave for during cryptocurrency transactions: anonymity and privacy.

These attributes have, however, made the digital currency quite famous in the obscure corners of the internet and also with criminal organizations.

The confidentiality feature Monero brings to the table also remains the reason many continue to invest in the blockchain since privacy continues to be a huge deal for lots of internet users carrying out online transactions.

Since the currency can be used to facilitate any financial operation across the entire globe, it has grown in popularity and also has the potential to rival the top digital coins in the market.

 

Monero at a Glance

Market Capitalization: $3.8 Billion
Circulating Volume: 15 Million
Where to Buy: Litebit.EU, Shapeshift, Poloniex

 

  • ZCash


what is zcash for

ZCash is another variant of cryptocurrency that has a functionality that is nearly identical to that of Monero.

It ensures privacy during transactions by providing credible security during the entire process, thus, making sure that transaction details and user information aren't available to other parties.

While Zcash provides a safe environment for users, it doesn’t guarantee anonymity since the transactions are stored on the blockchain; unlike Monero, which primarily provides no evidence of any deal happening.

Zcash certainly has the potential to be the next big thing in the cryptocurrency market mainly because it provides privacy and a decent level of anonymity without it being a facilitator of illegal transactions.

ZCash at a Glance

Market Capitalization: $900 Million
Circulating Volume: 2.7 Million
Where to Buy: Shapeshift, Change, Poloniex

 

  • IOTA


what is iota coin about

Known merely as a foundation for the internet of things, IOTA was principally created to help facilitate swift interaction between machines without any fees involved.

The favorite altcoin can perform this function fluidly because it utilizes a distributed ledger called “The Tangle,” unlike most other cryptocurrencies that still make use of blockchains.

Another peculiar attribute that makes this digital currency a very lucrative prospect is its circulation process, which it can maintain on its own without the need for any mining or harvesting process.

 

IOTA at a Glance

Market Capitalization: $9.9 Billion
Volume: 2.7 Billion
Circulating Volume: 2.7 Billion
Where to Buy: Shapeshift, Change, Coinbase.com, Poloniex

  • Steem


 what is steem about

Known as the cryptocurrency of the social network, Steem is an innovative blockchain creation used to run the blockchain social media platform, Steemit.

Steemit functions just like regular social media platforms with the sole difference being the currency of use.

The rise in the popularity of the platform is tied to the growth of the blockchain platform, which has seen quite an increase in the level of activities carried out on it.

Though the value of this peculiar altcoin remains modest for now, the unpredictability of the tech sector gives buyers of this cryptocurrency an edge regarding future returns on their investment.

 

Steem at a Glance

Market Capitalization: $320 Million
Volume: 263 Million
Circulating Volume: 246 Million
Where to Buy: Steemit.com, Changelly, Coinbase.com,

 

  •  EOS


what is eos coin about

EOS can merely be described as the less simplified version of Ethereum with just a few alterations setting it apart from its more illustrious competitor.

Developed by Dan Larrimer, the innovative mind behind Steam and Bitshares, the blockchain platform offers much more regarding performance and efficiency, particularly when compared to the leading cryptocurrencies in the blockchain market.

From parallel processing to strict legislation, decentralization of operations and self-sufficiency, EOS delivers a blockchain entity that is not just secured and efficient but also lucrative for interested buyers.

 

EOS at a Glance

Market Capitalization: $2.5 Billion

Volume: 1 Billion
Circulating Volume: 519 Million
Where to Buy: Eos.io, Changelly, Coinbase.com

 

Is Long-Term Investment of Altcoin Worth It?


What do you think of my top 11 Altcoins for long-term investment? Do you agree with me?

With Bitcoin already so expensive, Altcoins provide another investment opportunity for individuals that are looking to join the unstoppable train that is blockchain cryptocurrency.

Since the prices of these alternative digital currencies are still way below their actual values, investing in them now is undoubtedly the smartest decision one can ever make.

Bitcoin was as cheap as $1 in 2010, but many ignore the opportunity then because of unbelievable.

This top 11 altcoins for long-term investments is available now and still very cheap. The time is now to invest in Cryptocurrency. Do it now or regret forever.

The question you ask yourself is what would the price of these cryptos in the next thirty years?

Your bet is good as mine. Kindly drop your thought in my comment area below.

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14 thoughts on “Top 11 Altcoins for Long-Term Investments”

  1. Thank you for your overall review of cryptocurrencies because all in all they are very real and honest way forward to the next generation of currency that will make financial freedom available to everyone. Some people might not know what is going on with the financial world but cryptocurrency can make a new start for some.

    Reply
  2. Hiya John

    Thank you for your brilliant article on the top 11 altcoins to invest in. I am a crypto beginner and your explanations of the different altcoins were really clear and I understood most of them. I have bookmarked your site for future reference as I want to watch all the videos again. 

    I am trying to blog about my own experience with crypto are there any credible sources you could recommend?  I have rather dismissed Ripple because it’s the bank’s crypto, is that a mistake do you think? Should I take another look at it?  I think I can learn a lot from you, John, thank you krs PurpleLioness 

    Reply
    • Thanks for reading my top 11 Crypto Altcoins for long term investments. 

      I appreciate your comment.

      Regards.

      john

  3. Hello, I really want to first appreciate your effort in putting this great website together and writing this article. i remember been one of the critics of bitcoin at the early stages in 2011 – 2012. i was marveled at the rate it blew up and i am not making the same mistake twice. investment in any way i can is whats on my mind

    Reply
  4. I perfectly found this worthy a read and also, the fact that this is very right on spot when it comes to information.  Bitcoin and ether are two of the most popular now and bitcoin especially has defiled all boundaries to set worthy pace for itself and other cryptocoins. Thank you so much for sharing this here as I was hoping to invest in bitcoin very soon. Thanks

    Reply
    • Thanks for the comment.

      It is just about top 11 recommended crypto coin you can invest for long term.

      Thanks again for visiting my website.

      John

  5. This article is very interesting! 
    I always thought of investing in cryptocurrencies but I was hesitating. After reading your article I might give it a try because now I know where I can invest in the long term. 
    I am sure you will be helping so many others with this article. Great work. 

    Reply
  6. Thank you very much for the alternative coin you wrote down. Rightly said, that Bitcoin is already very expensive. And no one had ever thought that crypto could increase so rapidly. And just now, I know that crypto isn’t just bitcoin and ethereum, which turns out that ethereum itself is different from ethereum classic.
    Once again, thank you for your reminder to collect alt coins, and I’m saving to be able to buy ethereum little by little. In your opinion, is it worthy to be stored for up to 10 years?
    And, do you have a recommendation where I can buy a reliable alt coin which not a scam?
    Thanks

    Reply
    • Altcoins is a great investment opportunity if you have a passion for it. 

      Knowing the Top Crypto coins is a great advantage to investment in cryptocurrencies 

      Thanks for the comments. I really appreciate.
      regards   

      John

  7. I admire the people who truly understand everything related to cryptos, i have been reading and studying for few weeks already and i still have a lot of doubts. Really helpful this article. Been thinking to transfer my savings to something like this, since as you said, things like Western Union will be obsolete, in my case is just I mainly use Paypal, and over the years I have had so many issues with them that i need a better option and cryptos seems to be the right choice.

    Reply

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