This is the easiest way to make money with cryptocurrencies. Many people decide not to trade crypto and instead buy a certain amount of coins and then put them in their wallets until the price rises so they can make a profit.
The premise of long-term investing is that you have researched and believe that the cryptocurrency you are investing in will gain market share over time.
Although there are many different digital coins, we recommend that you choose safe and highly liquid currencies such as BTC, LTC and XRP. These coins are always popular in the market. If you are investing in a new cryptocurrency, it might be cheap, but the coin will most likely disappear after the market has been tested.
Currently, many people are making big profits from bitcoins because they bought them in 2011 or 2012 and hold these digital coins for several years, even if the price of bitcoins has risen to $16,000.