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Best Cryptos to Invest in for the Next Crypto Bull Run

Invest in Crypto the Right Away

By John TasciPublished 2 years ago 9 min read
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Cryptocurrencies have experienced many market cycles. It seems like there is a trend between cryptos and bitcoin halving. Every 4 years bitcoin mining rewards are cut in half and after each time the cryptocurrency market enters a huge bull run creating new highs at an unbelievable time.

Bitcoin has a maximum supply of 21,000,000 and a current circulating supply of 19,116,887 (91.03% of the total supply has been mined). With limited supply, it allows for the currency's price to increase.

Just like how cryptos can go up fast, they can also crash in an instant. Crypto investors take advantage of market cycles and time their investments accordingly. The market today is experiencing a shift downward as cryptocurrencies have entered a bear market. Bitcoin has fallen from 68k to 23k in less than a year. There is still room for crypto to crash more and officially enter crypto winter.

Cryptocurrencies are highly volatile, but investing in these digital assets long-term can pay off. They also introduce a new asset class to your portfolio to further diversify your holdings.

When it comes to investing, there are so many cryptocurrencies to choose from, but luckily for you, I'll be going over the best crypto to invest in for the next bull run.

Polkadot

Current Price - $8.95

Market Cap - $10.91 Billion

Polkadot is a PoS crypto that aims to provide interoperable connectivity with other blockchain systems based on Ethereum. The Protocol aims at linking permission-based and permission-free blockchain and oraculum to make them able for collaboration. Polkadot's core is its relay chains, which allow interconnection between different systems in a network. In addition, they specialize in parachains — parallel blockchains that have their own native tokens. Polkadot is different from the ether because it allows developers to create and use the blockchain of Polkadot without the need for a blockchain to create. It uses e-commerce and other technologies like blockchains.

Main features of Polkadot

  • Economic & transactional scalability
  • True interoperability
  • Easy blockchain innovation
  • High energy efficiency
  • Security for everyone
  • User-driven governance

Polkadot is a Web 3.0 digital asset with 5 teams and over 100 developers to build Polkadot.

Polkadot reached an all time high of about $54 during November 2021, and in the next rally, you can expect it to far outreach these numbers. It's one of the most promising cryptocurrencies out there working on many advanced projects and finally removing third-party when performing transactions.

Bitcoin (BTC)

Current Price - $23,097.57

Market Cap - $441.42 Billion

Bitcoin was most widely used by Ethereum for many years. It's clear why this crypto is a major player in the market; it's priced very high and the market value of its shares is very high. Several companies accept Bitcoin for payment, and it makes it an excellent investment option. Visa transactions also involve bitcoin. The company has announced the release in advance of launching new bitcoin payments services in the United Kingdom and Australia. Several banks have also started offering bitcoin transactions. Although Tesla has only accepted Bitcoin for a limited amount, it could also continue mining it for environmental reasons.

You can't have a list of the best crypto to buy without including Bitcoin. If you were interested to buy crypto, then you should most definitely buy Bitcoin. The crypto market follows the price movement of Bitcoin. If Bitcoin falls, they fall, if it rises, they also rise.

Bitcoin is mainly used as a source of transactions. It can be used for small transactions to compete with credit card companies like Visa and Mastercard, but Bitcoin is used more for international transactions. Payments can be settled faster, more securely, and with substantially lower transaction fees compared to SWIFT or AHC networks.

Just like any other cryptocurrencies, for their to be validated transactions, they must be confirmed on the blockchain network.

$194 Million was moved using Bitcoin with only a $0.10 fee! On platforms like Transferwire it would cost you $7,500 for every $1 Million. Instead of paying $1,455,000, you can only pay $0.10 by using Bitcoin!

This is a quick overview of the huge potential of crypto! Digital currencies will soon take over fiat currencies.

Bitcoin provides the safest long-term investment in crypto, but that also means your gains won't be as high. The gains will be high, but compared to small cryptos it won't be as much because Bitcoin has grown to over $440 Billion in market capitalization.

Bitcoin could one day become the world's main use of currency. In the future, it can turn out to be more stable due to an increase in market capitalization and transactions.

Bitcoin is one of the best long term cryptocurrencies to buy at anytime and will profit from the power of HODLING.

Binance Coin (BNB)

Current Price - $316.52

Market Cap - $51.67 Billion

After years of relatively steady price cryptocurrencies, Bitcoin coins took off from around $48 on Jan. 1 to reach an all-time low of $683. Because of its performances over time, Binance coin has proved to be an excellent option in investing in relatively short terms. The token is the native currency on the Binance platform — the world's most popular cryptocurrency exchange — and the Binance website. The version the American population has to follow. But although Binance coins are widely functional and have been successful in Binance projects, the coin has become highly volatile investments.

Binance smart chain was launched in September 2020 as an alternative to the Ethereum blockchain. The only main difference is Binance smart chain offers lower transaction fees and time of processing, which are two very important factors.

Although it has some risk like any investment, Binance coin has made itself a legitimate Ethereum competitor and building outstanding blockchain technology. BNB was initially released on the Ethereum network, but now is a native cryptocurrency operating in its own blockchain.

Binance exchange was created in 2017 and is the leading crypto exchange for crypto investors.

Binance Exchange Features

  • Over 600 crypto to trade
  • One of the cheapest platforms to use
  • Crypto Options
  • Play to earn! - Traders go head to head in a battle arena to see who can make the most money in a certain time
  • Cross collateral - allows users to collateralize their crypto assets to borrow against another crypto asset.

These are the main features, but sadly not much is offered for USA users because of certain limits introduced by US regulators. So, in return Binance.us was introduced for USA users.

All transaction fees in the platform are accepted in BNB so the platform profits off their work with their own currency.

Binance coin is a great example of what makes a great crypto to buy. They constantly develop crypto projects and improve their system to be one of the best crypto to buy now!

Risks of Investing In Binance Coins

Although Binance coin is deemed the "official" cryptocurrency in the world largest exchange, its presence in a number of areas makes this currency particularly vulnerable to regulatory issues. BNB's shares fell by nearly 13% on news that Binance had failed to follow the correct procedure for its initial coin offer in July.

Ethereum (ETH)

Current Price - $1,691.30

Market Cap - $201.42 Billion

The most popular alternative to Bitcoins is Ethereum which enables smart contracts and decentralized applications (dApps) to be built and operated without any downtime. It is also available in the US and Canada for the use of Bitcoin. Ethereum aims to create an open centralized suite of financial services for everybody, regardless of ethnicity and religious affiliations, worldwide. This feature has a greater impact on those in some countries, as those with no state infrastructure or identification may gain access to banking accounts, loans, insurance or other financial products.

Ethereum has introduced a new proof of stake network, Ethereum 2.0. It's an upgrade to the current Ethereum network that aims to improve the network's security and scalability, shifting its network from proof of work to proof of stake.

Ethereum 2.0 allows you to stake and offers about 4% APY yearly. This introduces passive income to your portfolio as you're holding Ethereum.

Ethereum defines decentralized finance (DeFi), with just an internet connection you'll be able to send, receive, borrow, earn interest, and even stream funds anywhere in the world.

NFTs are also backed by Ethereum! You can pass digital ownership and earn a royalty for every resale.

Ethereum leads the monthly developers for any crytpocurriencies at 220. Even Bitcoin only has 103 developers. Shows the tremendous effort by Ethereum to continue growing making it a great ctypro with huge potential. The total value of Ethereum might pass Bitcoin if it continues to work on other projects to increase the usability of the network for everyone and take over the crypto world!

Solana (SOL)

Current Price - $40.15

Market Cap - $21.14 Billion

Founded in 2017, Solana offers an underlying blockchain platform for supporting decentralized application systems. The Solana is also called the Ethereum killer and has a higher transaction rate per second. Aside from this, there is a cheaper transaction fee than Ethereum. Solano and the Ethereum blockchain will utilize a smart contract essential to the operation and management of new technology, such as blockchains, and decentralized financing (Defi ) / non-fungible tokens. Obviously, they are very different.

Solona is the fastest blockchain in the world with thousands of projects spanning DeFi, NFTs, Web3, and more. Solana is all about speed, with 400 millisecond block times. And as hardware gets faster, so does the network.

Solana network is highly efficient, very stable and offers low transaction fees for crypto investors. All these combined make Solona a great long term investment.

Polygon (MATIC)

Current Price - $0.88

Market Cap - $8.82 Billion

Polygon was built by a developer who contributed to the Ethereum blockchain. Polygon aims to deliver Ethereum scaling infrastructure, CoinMarketCap said. In its second phase, Ethereum will transform into multi-chain systems to improve transaction speed and security. Polygon is backed in part by Binance and the crypto exchange Coinbase. The token, "MATIC", was used to provide payment services transaction fees, and settlement currencies.

Important Launches

  • Instagram launches NFTs on Polygon
  • Stripe launches global payouts with crypto using Polygon
  • Adidas Originals and Prada launch NFT Collection on Polygon

Scaling Solutions

  • Polygon PoS
  • Polygon zkEVM
  • Polygon Avail
  • Polygon Edge
  • Polygon Nightfall
  • Polygon Miden
  • Polygon Zero
  • Enterprise chain (Coming Soon)

Polygon Matic is very innovative and scalable crypto. Token holders can expect to earn a lot of money in the long term.

Risks of Investing In Polygons

In December, the company released a report that said its currency was vulnerable to hackers who could potentially cause unauthorized access to its assets and stolen data, CoinDesk said. Hackers found this exploit and notified Polygon. They fixed it within two hours of the incident. In a matter of days Polygon received more than $1 million in stolen data involving a black-hat phishing scheme.

Do your Own Research

These are my list of the best crypto to buy during crypto winter. I do not suggest you invest in 2022 on digital currencies, but wait for the bear market to come to an end. As you're interested in purchasing crypto, you should also take advantage of earning side income with your crypto. Check out the 5 Best Ways to Earn Passive Income With Crypto.

This shouldn't be taken as investment advice but as a general overview of my thoughts on the best cryptos to buy. You should research cryptocurrencies and see which one will be the best long term investment. Good luck on your crypto journey, and these are the best cryptos to invest in for the next crypto bull run.

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About the Creator

John Tasci

Blogging is what I do for fun! I enjoy providing free education for everyone. For more top quality content check out my website -> www.tascifinance.com

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