The CEO of MicroStrategy Inc. said crypto represents a high-risk, high-volatility asset to the short-term investor.
But for one with a 10-year term view, it is a low-risk store of value.
While BTC and ETH lost over 30% during the recent market collapse, ADA held firm and traded between $0.5 to $0.42.
In the words of Michael Saylor, the CEO of MicroStrategy Inc., crypto represents a high-risk, high-volatility asset to the short-term investor. But for one with a 10-year term view, it is a low-risk store of value. While investors get burned in a bear market, it nonetheless presents opportunities for greater returns with careful planning.
Below we analyze three cryptocurrencies worth considering for the long term.
Cardano (ADA)
ADA is the native token of Cardano, a proof-of-stake blockchain network with a wide range of applications. ADA comes after only Bitcoin (BTC), Ethereum (ETH), and BNB in the rank of the top coins. ADA is arguably the most prominent Twitter community and has...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...