Focus on the Long-term Crypto Picture and You Will Make it. Buy and Hold Bitcoin, Chainlink, and Supontis. Nothing in this content should be construed as advice, it is meant for informational purposes only.
It is nearly impossible to predict what the future of crypto holds. There are a lot of questions and fewer answers. Historical patterns have shown that the crypto market is a series of bear and bull markets. This current bear market will be followed by a bullish phase.
What is important for crypto stakeholders is that they back the right cryptocurrency projects. This is a broad statement as it depends on several factors. Bitcoin (BTC) has always been a good cryptocurrency to buy and hold because it’s a market leader. Chainlink (LINK) has also come of age and has strong community support.
There are newer and promising projects that the crypto world is yet to know. Supontis, a new project offering its PON governance token in a presale stage, is a project worth considering.
While many people are still trying to make sense of the current market situation, others are already preparing for the future of crypto.
The Future of Crypto
There is a possibility that history can tell us what Bitcoin, and possibly the cryptocurrency market, will do next.
The first crypto winter happened from 2018 to 2019. Bitcoin had just reached an all-time high of nearly $20,000 in December 2017 before the prices began falling. Several people thought that this was the end of the crypto market.
The cryptocurrency market was rejuvenated in June 2019 when Facebook unveiled its plans for Libra. The plan failed to materialize but it cemented the idea that Bitcoin and cryptocurrencies were here to stay.
Then the coronavirus pandemic hit. The initial shock saw the price of Bitcoin and its cousins plunge to their lowest values. A lot of negativity was hovering around the market as China banned cryptocurrency mining.
However, the crypto industry received a major boost from companies such as Tesla, Visa, PayPal, Mastercard, MicroStrategy, and more. This saw Bitcoin reach a new high of $69K in late 2021.
This pattern shows that the crypto industry will always find a way to overcome the bears. The crypto sector is still new and sentiment will change from time to time.
The future looks bright even though regulators have promised to be ‘hard’ on the market. Regulation could even spur further adoption and bring more people to the market.
Those who want to ignore the noise can just buy and hold tried-and-tested cryptocurrencies such as BTC and LINK.
Bitcoin and Chainlink
The future of BTC is almost guaranteed. The leading digital asset is trusted by institutional investors who are ready to inject more liquidity into it.
BTC is considered by many to be the go-to cryptocurrency when the entire market is on fire. Some even argue that Bitcoin was designed to be a safe-haven asset when inflation increases. Bitcoin is the cryptocurrency that many people should consider buying and holding.
Another cryptocurrency to buy and hold is Chainlink. LINK is the native currency of Chainlink, a decentralized oracle that provides real-world data for blockchain networks. It will always be needed in the crypto sector. Chainlink has a vocal community that will see that the project continues to grow.
Besides BTC and Link, Supontis is also an upcoming cryptocurrency that you can buy and hold.
Supontis is a bridge that allows users to transfer assets between blockchains. Built on the BNB Chain, PON is the native governance token of the Supontis ecosystem.
Supontis will mint a total of 10 billion PON tokens and 25% of them are on offer during a presale. The Supontis ecosystem will allow PON token holders to submit and vote on governance proposals. PON token holders can also earn passive income through staking.
Supontis is building the future of crypto and PON could be a good cryptocurrency to buy and hold for a long time.
Presale: Supontis Presale Link
Website: Official Supontis Website Link
Telegram: Join Supontis Telegram Channel
Read: Next Big Cryptocurrency to Skyrocket in 2022! Take a Look at VertoChain and BNB!
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