3 Cryptocurrencies to Buy and Hold Forever

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19 September 2022

By : Quick Insurance Guru

Cryptocurrency prices have been volatile this year, falling sharply at the beginning of the year before rising this summer. 

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Massive catalysts that will bring permanent changes to the second-largest cryptocurrency and the crypto world have arrived.

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1. Ethereum

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The Merge, Ethereum's long-awaited transition from the proof-of-work consensus to proof of stake, was completed last week. 

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Coinbase currently pays out an annual percentage yield of 3.25% on staked Ethereum.

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Co-founder of Ethereum Vitalik Buterin predicts that after The Merge, the blockchain will only be operating at 55% of its capacity. 

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Ethereum, the second-largest cryptocurrency by market value, is an asset to buy now and hold forever due to its level of development thus far and its ambitious future plans. 

2. Bitcoin 

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Bitcoin has been quietly rebounding, gaining about 15% since hitting its cycle low of $17,664 in mid-June. 

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After The Merge, Bitcoin, the most valuable cryptocurrency by market value, will be the only significant proof-of-work asset at the top of the crypto universe. 

3. Ravencoin 

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With a market cap of $530 million and a ranking of 71 in terms of market cap

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Bitcoin, Ethereum, and Ravencoin are all good choices to buy now and hold forever. 

THANKS FOR READING!

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3 Cryptocurrencies to Buy and Hold Forever