Dear Happy Investor, crypto and long-term investing is an uncertain relationship. In this article, our writer names 7 of the best small crypto for the long term. However, it's all about the potential. Potentially, they are among the best small cryptocurrencies. However, whether that potential is fulfilled is speculation. Speculating on increasing demand, which increases the price value. On the other hand, it is enticing, because small cryptocurrencies have shown the ability to produce phenomenal returns. A small deposit can be enough for an annual salary.
Time will tell. On to financially sustainable success!
Notes regarding the best small crypto coins for long-term investors
Understand that it is all speculation. The best small crypto coins are this in potential. You're investing in the software. The technology of the crypto project. But whether this will actually result in returns is questionable. Moreover, the smaller the cryptocurrency, the higher the risk. Therefore, the best small cryptocurrencies can also be the worst.
So why invest in small cryptocurrencies? Obviously because of the potential returns.
Just be aware that there are also alternatives for high returns. See, for example, the best small cap stocks. Also high risk. However, these are small shares of companies. And companies make profits or losses. This you can calculate. Thus you can determine the financial valuation. With the potentially best small crypto, this is not possible. It is guesswork. Speculation. Fun. Exciting. But also very risky. It is important to understand this and at all times build a crypto portfolio based on risk/return.
Therefore, the golden rule is: only invest with small amounts that you can lose 100%. If you then win, it is only a good thing. Moreover, the profits can be high because it is a form of asymmetric investing. How this works is explained in our review about the masters of asymmetric investing: Capitalist Exploits.
Best Small Crypto 1. Electroneum
Electroneum is a mobile-focused cryptocurrency that aims to make it easy for anyone to access and use digital currencies. The Electroneum team developed its own blockchain and launched an ICO (initial coin offering) in September 2017 to crowdfund the project. Since then, the currency’s value has increased by more than 200% and has a market cap of nearly $100 million.
Some of the features that confirm the potential of Electroneum:
- Electroneum is a cryptocurrency that is specifically designed for mass adoption. It has a very user-friendly mobile app that makes it easy for anyone to start using cryptocurrencies.
- The team behind Electroneum is very experienced and has a track record of successful projects.
- Electroneum is targeting a very large market with its mass-adoption strategy.
- Electroneum is currently very undervalued, which makes it a great long-term investment.
- The Electroneum blockchain is based on proven technology and has a number of innovative features.
- Electroneum has received a lot of positive media coverage and is gaining traction in the crypto community
Another reminder: small crypto coins can have a lot of potential. The software may be promising. But whether it actually becomes valuable and can be profitable is unclear. It's speculation. For the long term, invest in multiple potentially best small cryptocurrencies to spread risk. Moreover, we prefer to invest a maximum of 3 - 5% of your assets in cryptocurrencies.
Best Small Crypto 2. NEM
Like other cryptocurrencies, NEM is based on blockchain technology. But it also uses proof-of-importance (POI) to verify transactions rather than the proof-of-work used by Bitcoin or Ethereum. The POI system allows users to earn transaction fees by providing storage space on their computers. NEM also makes it easy to develop blockchain applications with its APIs and SDKs, allowing developers to quickly build applications that interact with the NEM blockchain.
One potential reason for the growing interest in NEM is its strong use case. NEM is a next-generation, decentralized blockchain platform that was designed specifically to address the challenges of existing blockchains like Bitcoin and Ethereum. This makes it potentially one of the best small crypto.
NEM's unique features include its powerful smart asset system, which allows users to create customized tokens with specific functions and features. This flexibility makes NEM a very appealing option for businesses and organizations looking to launch their own blockchain-based applications.
In addition, the NEM team has a strong track record of success, having developed and launched other popular projects in the past. The team's commitment to ongoing development and community engagement has helped establish NEM as one of the top blockchain projects in the world.
Check here the best day trading brokers for short-term trading in crypto coins.
Best Small Crypto 3. Storj
Like many cryptocurrencies, Storj is a decentralized peer-to-peer network with no trusted third party. But unlike other cryptocurrencies, with Storj data is encrypted and broken into pieces that are distributed to numerous computers around the world. This means that it’s not possible for hackers to steal Storj user information because there’s no one location where all of the data is stored. It has many powerful features, including robust encryption, high-availability infrastructure, and fault-tolerant design.
With millions of users around the world, it has the potential to become a go-to solution for secure, reliable storage. The team behind Storj is also highly experienced and knowledgeable, with a proven track record of delivering successful products in this space. Therefore, Storj is among the potentially best small crypto for the long term.
Best Small Crypto 4. DASH
Named for its “digital cash” functionality, DASH is an open-source cryptocurrency that allows users to make transactions anonymously. What sets DASH apart from other cryptocurrencies is its governance system, which allows holders of the currency to vote on changes to the protocol. This decentralized governance structure has allowed DASH to become one of the most well-known and widely-used digital currencies.
Many cryptocurrencies will see huge spikes in price and then crash back down to earth, leaving investors with nothing but losses. But DASH is different – it has a lot of potential for long-term growth due to its unique features and strong community support.
The platform is designed to be fast and user-friendly, making it the ideal choice for payments and transactions. Additionally, DASH is one of the few privacy-focused cryptocurrencies that actually works. The team behind DASH has done an excellent job of ensuring that the platform is private and secure, making it a great choice for those who value their privacy.
DASH has a very strong team behind it. The team is led by CEO Ryan Taylor, who has a background in finance and has worked at prestigious companies like McKinsey & Company. Dash could be one of the best small crypto at this moment.
Best Small Crypto 5. IOTA
IOTA is a cryptocurrency designed for the “Internet of Things” (IoT), which refers to the growing network of physical devices that are connected to the internet. IOTA’s key innovation is its use of a “tangle” instead of a blockchain to store its transactions. Tangle technology allows IOTA to process transactions without fees while also providing a high level of security and decentralization.
The IOTA Foundation, the non-profit behind the development of the IOTA protocol, has partnerships with some of the largest companies in the world. These companies are working with IOTA to explore how the protocol can be used to improve their businesses. Some of these companies include Microsoft, Samsung, and Fujitsu.
Overall, there are many reasons why IOTA has huge potential for long-term investors: its unique technology, its growing partnerships with major companies, and the potential for continued growth as more people become aware of this exciting new cryptocurrency. So if you're looking for a long-term best small crypto coin, IOTA is definitely worth considering.
Also, IOTA may belong to the most sustainable crypto coins.
Best Small Crypto 6. Ripple
Like Bitcoin, Ripple is an open source payments network that uses cryptography to facilitate secure and anonymous transfers of funds between two parties. Unlike Bitcoin or Ethereum, however, Ripple is not a decentralized network. Instead, it relies on a network of “validators” to verify transactions. This centralized approach has led some to criticize Ripple, but its backers argue that it makes the currency more efficient and easier to use than other digital currencies.
Ripple is already being used by major financial institutions. Thus it is not really a small crypto any longer. Banks and other financial institutions are already using Ripple to speed up and simplify cross-border payments. This widespread adoption by the financial industry shows that Ripple is a credible and trusted blockchain solution.
Ripple has a lot of potential for future growth. As more and more financial institutions start using Ripple for their transactions, the demand for XRP will continue to increase. Furthermore, as Ripple expands into new markets and industries, it is likely that its value will also rise.
Ripple is backed by a strong and experienced team of developers. Led by CEO Brad Garlinghouse and CTO Stefan Thomas, Ripple has a team of over 100 experienced professionals working on its blockchain solutions. This team is dedicated to continuously improving the Ripple platform and making it even more efficient and user-friendly.
Best Small Crypto 7. Monero
One last example of best small crypto’s is Monero. This is a cryptocurrency that focuses on privacy and anonymity. Transactions on the Monero network are untraceable, meaning that they cannot be linked to a specific user or entity. This makes Monero a popular choice for those who want to maintain their privacy when using digital currencies. While Monero’s anonymous features have made it popular with some users, its lack of transparency has also led to its use by criminals.
In addition, Monero has some fundamentals. It is a well-established coin with a large and active community. The coin also enjoys high liquidity, making it easy to buy and sell at a moment's notice.
These unique qualities have led many analysts to believe that Monero could be a good long-term investment. With its strong fundamentals and focus on privacy, Monero is well-positioned to see sustained growth in the coming years. And given the current market volatility, now may be the perfect time to invest in the best small crypto. However, it is unsure if Monero and other of these best small cryptocurrencies will actually increase in value over time.
Small cryptocurrencies are rapidly gaining popularity among investors and enthusiasts in the blockchain community. These 7 best small crypto all have their own unique features and strengths, making them worthy candidates for long-term investment. Their potential for increased value make them a good option for investors interested in digital currencies but who don’t want to invest in Bitcoin.