Some factors to guide you when deciding which crypto to buy today for long-term investments:

•	Do you have non-critical funds to lock up in an investment for years that you can afford to lose?

•	Does the token to invest in represent the market's future in terms of its potential?

•	Does the token have sound fundamentals, with a token listed on exchanges, and which commands good volume?

If these are in place, you can consider a long-term crypto investment.
The recent crypto winter commenced in November 2021 with the discovery of the Omicron variant of the coronavirus. Before this time, the cryptocurrency market had enjoyed an unbelievable run which took it beyond the highs of December 2017.

Bitcoin exceeded its $19,800 high and surged to $60,000. The move took nearly the entire market with it. There was hardly any altcoin that did not enjoy the boom. Even coins that looked dead and buried between 2018 and 2020 rose from the ashes and exhibited the Lazarus effect.

I had a token bought in a 2017 ICO for $100. The coin had crashed and lost value, only worth $20 at one time. By July 2021, my holdings in this token were worth $1,200. It had taken four years, but the investment was recovered and added to.

This experience showed that there is potential in holding cryptos for the long term. However, when deciding which cryptos to hold long-term, you must consider certain factors.

## Why buy crypto and hold for the long term?

When investing in the crypto market, you have to know why you are doing it. What should motivate you to buy and hold for the long term in the first place?

## Reduces the risk of loss over time

Cryptocurrencies are highly volatile. Indeed, they are the most volatile asset class in the market today. This volatility makes it difficult to trade them profitably on a short-term basis. You would also need significant capital to profit from the relatively small range of moves in the short term. These all add to the risk profile of cryptos.

When you invest in crypto for the long term, you spread this risk and reduce it over time. Pick up a chart of Bitcoin, Ethereum, or any crypto. In the short term, you will see wild price moves, which can easily take out a trader's position. But when you open the long-term charts, you will find a better definition to the asset direction.

## Less stressful style of market participation

Given the high volatility of the crypto market, any short-term trades require maximum concentration and oversight. You should monitor your positions all the time. But a long-term investment is basically a "set and forget" style of investment that eliminates the need to monitor your screens constantly.

Those new to trading can tell you that the emotional rollercoaster of watching up-down movements that spike in the short term can be a bit too much.

## History favours the long-term outlook for crypto tokens

There is a historical basis for supporting the recovery of the crypto market. The current crypto winter is not the first. The market has seen extended downturns at several points. There was the collapse of Mt. Gox in 2014, followed by a recovery after the advent of Ethereum opened the door for new tokens based on networks that supported decentralized applications.

We also had a slump in September 2017 after China's widespread ban on the usage and trading of Bitcoin. This event led to Bitcoin shaving off nearly 50% of its value after almost hitting an $8,000 price. The market eventually recovered, and BTC went from less than $5,000 per coin to $19,800, nearly four times its value. A three-year downturn followed before the market took an unprecedented leap toward the $60,000 price mark.

Since then, many altcoins have plunged in value. However, Aptos was able to stage a remarkable run in late January/February 2023, outperforming most of the top 100 tokens in the market.

## Opportunities to scale in your investments

The long-term investment style also allows you to perform what is known as dollar-cost-averaging (DCA). This is a technique where the investor adds to the portfolio by purchasing more units of the asset whenever prices drop, which ultimately allows the investor to reduce the overall purchase price.

To illustrate this, imagine purchasing 100,000 units of a crypto token at $0.02. This is a $2,000 cost. Assuming the price of this token drops to $0.0002 and the investor decides to buy 1,000,000 units, it will cost $200 for the new round of purchase. The investor would now have 1,100,000 units of the token, purchased at a $2,200 cost. The price for each token becomes 2,200/1,100,000, or $0.002. The purchase cost would therefore have dropped ten times from the original purchase cost while also allowing the trader to increase the amount of the token in the portfolio.

Now imagine that the token recovers over three to five years to a price of $0.2. This would make the trader's portfolio worth 1,100,000 X 0.2 = $220,000.

This secret is what many traders have used to become overnight success stories in a crypto market bust-boom cycle.

## A closer look at which crypto to buy today for the long term

In answering this question, we must understand that the cryptocurrency market is undergoing a quiet revolution. Every downturn we have seen in the market has led to market evolution.

In 2018-2020, the era of the ICOs died off, and we started to see new, emergent areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), and the Metaverse. Tokens that came from projects built around these sectors showed some heavy price appreciation and made many people rich.

We also started seeing the so-called meme coins. Some did well, but even among the meme coins, we have seen Shiba Inu's team make bold development moves to transit away from the meme coin status and into the Metaverse with its Shibarium network.

The immediate future of the crypto universe is that of the tokens compliant with the Web 3.0 concept. Therefore, if you are wondering which crypto to buy today for the long term, you need to consider one which matches the profile just painted.

In choosing Web 3.0 projects that align with your search for which crypto to buy today for long-term investment, you must understand that you can pick tokens that are Web 3.0 projects themselves or coins that support Web3 architecture. You can also choose tokens of projects that support the creation of Web 3.0 projects.

Enter Aptos, whose token is APT. Aptos fits the profile of a Web 3.0 project on which other projects based on the next-generation internet experience will thrive. We featured the Aptos token in a recent article.
Aptos is a product of Aptos Labs. [Aptos is a blockchain project](/news/article/aptos-crypto-2023-investment) that encapsulates the essence of Web 3.0, providing a fulcrum on which developers can build new products and applications for Web 3.0.

Aptos has three product lines:

•	Aptos names.

•	Aptos explorer.

•	Petra wallet.

Aptos names is a Web 3.0 domain name service that allows users to grab an .apt domain. Developers can integrate the Aptos name service into any apps they build with a simple line of Rest API code. They can also convert an address to a name and vice versa.

Aptos explorer is the next-generation search engine for locating and validating transactions on the blockchain. The Aptos blockchain explorer features Apscan, allowing users to explore, search and monitor all crypto blocks, assets, and transactions.

With Apscan, you can also get a map that identifies the locations of all validators within its blockchain.

Petra wallet is a web application that acts as a pathway for communicating with the Aptos blockchain. It comes as a Google Chrome extension and transfers and stores digital and crypto assets. You can also integrate this wallet into your decentralized application.

## Why Aptos?

First, here is a review of the price action of Aptos since Moni Talks published an article covering its vast potential.

Aptos was listed on Binance on 19 October, 2022, for $1. It spiked to $100 on the same day before closing at $7.32. It achieved its second-highest level on 26 January, 2023, clocking $20.40. When this token was covered in one of our articles, it traded at less than $4. This indicates that if you had invested $4,000 as of 21 November, 2022, your money would have grown by five times in two months.

The price of the APT-USDT pair has retracted since then as traders who got in early have booked profits. This is normal, as any trend, be it an uptrend or downtrend, never moves in a straight line. Given the distance between the all-time high of $100 and the current price, there is a long way for the price to go to recapture these highs. It also means that a move to recapture this high needs the current price to multiply at least eight times. A 700% gain would be the outcome if this were to occur.

The crypto market's recent advance, led by Bitcoin's push from $15K to $25K, has stalled, with experts calling for a rediscovery of the 2022 lows before an advance beyond $25K. It may get slightly worse for Aptos as well, but there is every indication that this is a token that is suitable for a long-term investment.

## Aptos vs. traditional markets

[Aptos gained 387% in January](https://www.coindesk.com/markets/2023/01/31/crypto-market-january-roundup-aptos-metaverse-affiliated-tokens-lead-broad-based-rally/), making it the best-performing crypto for that month. This performance made it the top-performing asset in the Coindesk Market Index for January 2023, beating out Bitcoin and Ethereum to that spot.

In comparison, the tech-heavy Nasdaq 100 index rose 9% in January, and the S&P 500 index only rose 5%. What makes these figures phenomenal is that stock indices and cryptocurrencies are regarded as risky assets that traditionally suffer when there is a rise in interest rates, as has been the case in the past eight months.

The upbeat performance follows the decision of the US Federal Reserve to slow down the pace of its rate hikes, and yet Aptos was able to put in a good shift in the same month.

## Conclusion

While Aptos may fit the profile of which crypto to buy today for long-term investment, past performance does not mirror future results.

However, the assessment of this token, given its recent performance and the token's fundamentals, indicates a good upside potential on this token, and that its best days remain ahead.

As with all long-term investments, the waiting period usually runs into years, not weeks or months. The dormancy period for a token part of a long-term investment portfolio may be too long for many people. You should also consider if the funds put into a long-term investment would do more for you elsewhere than being left untouched in a long-term investment for years.


blue image of man researching and trading on a laptop

Which Crypto to Buy Today for the Long Term? 

Looking for information on the [Safemoon](https://safemoon.com/) crypto price? You've come to the right place.

Although regarded as a [meme coin](/news/tag/meme-coin), Safemoon is one of the popular tokens in the crypto market, with the famous brand mantra, "to the moon." 

Aside from being a popular crypto token, or meme coin, it's highly volatile and has an increasing market cap.

## Safemoon in its Entirety

The coin was launched on the Binance Smart Chain blockchain in March 2021 to create a decentralised financial system controlled by a community. It's a meme coin; it was expected to rise. Today, more than 2.8 million people hold the currency, and a report states that more than 500 trillion funds are in circulation.

Owners of Safemoon earn a passive reward in monetary form - Safemoon tokens - to discourage the selling of the coin.

## Safemoon Crypto Price

Coin Market Cap gives the current price of Safemoon crypto price as $0.0000005607 with a market cap of about $1.236 billion, and it's ranked 234 among other cryptos in the crypto market.
 
## Safemoon Price Prediction

Experts have predicted that Safemoon will be bullish based on long-term predictions. It's speculated that the price of Safemoon might hit $1 by 2023, even $5 by 2025. However, Safemoon price predictions are solely based on how well very popular cryptos increase in cost. If popular cryptos like Bitcoin and Ethereum rise in value, that can have a ripple effect on less popular coins like Safemoon.

As Safemoon is a community-driven token and a meme coin, the token increasing in value is inevitable, as the community will massively support it. For crypto investors or enthusiasts, it's a fact that meme coins tend to increase in value.

Moreover, the fact that, since launch and within a short time, millions of people currently own Safemoon tokens proves it'll grow.

## Is Safemoon a Good Investment?

Even though there might be short-term losses in owning Safemoon tokens, it might be a reasonably good long-term investment opportunity.
Buying a Safemoon token isn't an easy buy, making it hard to sell, which can discourage potential buyers. That means it is a somewhat risky investment, but hanging on to it long term might be a brilliant way of investing.

Nonetheless, it's not a fully wise investment to buy Safemoon because there are other cryptos one can buy which are generally considered better assets.

## How to Buy Safemoon

You can buy Safemoon with other cryptos on Binance Smart Chain using decentralized exchange platforms like Safemoon Swap or PancakeSwap.
Safemoon isn't listed on most crypto exchanges, and buying it with traditional or fiat currencies is impossible.

If you plan on buying Safemoon, here's how: 

•	Create a Binance Smart Chain wallet via Trust wallet
•	Buy Binance tokens and swap them for Safemoon tokens on the Safemoon Swap exchange

## Final Thought

If you plan on buying Safemoon, it's wise to invest money that won't affect your overall finances - invest money you can lose without anxiety.





	


Safemoon Crypto Price Prediction

Could you spend Elon Musk's money if you had it? And what would you spend it on?

For some, well, not all; it's no news that Elon is known for making bold investments in various industries, like automobiles, crypto, space exploration, etc.

Considering how wealthy he has been over the last decades, this is no surprise - earning a massive amount of money off his investments and being the world's richest man with well over $200 billion in net worth.

Elon holds a significant interest in three important companies; Tesla, SpaceX, and Twitter. The business magnate spent a whopping $2.89 billion purchasing a 9.2% stake in Twitter, which, in turn, made him the company's largest shareholder.

Elon is known for bold purchases and wise investments, and Twitter shares surged about 27% right after the purchase.
 
## Elon Musk's Best Investments To Date

Over time, Musk has invested in Tesla, PayPal, SpaceX, and DeepMind Technologies, which became successful companies.

### Tesla

Even though he wasn't a founding member of Tesla, he was among those who led an early round of financing the company back in 2004. And in 2008, he became the CEO of the company. Today Tesla is a significant EV manufacturer and the largest EV company by sales and market share.
PayPal
 
Musk founded X.com with others and that ended up being PayPal in 2001. When the owners sold PayPal to eBay in 2002, Musk, who with an 11.7% stake was the company's largest shareholder, received more than $150 million.
 
### SpaceX
 
In 2002, Elon founded SpaceX with a mission to innovate on space technology and a primary aim of taking humans to Mars. Pretty lofty goals, right? Since its inception, Elon has helped the company take on significant space projects; in 2021, NASA awarded SpaceX a contract to haul astronauts to the lunar orbit of the moon's surface in its Starship vehicles. 

## How Would You Spend Elon Musk Money
 
Considering how wealthy Elon is, being the richest man on Earth, you must have thought: 'How would I spend Elon Musk's money?'. Here are some ideas:

## Buy Bitcoin in Large Amounts
 
If you're keen on investing like Elon or just looking for ways to spend your money reasonably, you can purchase and hold Bitcoin in large amounts. Yes, it's a wise decision; in the past and present times, famous business magnates have evangelized the importance of owning Bitcoin. 

Why? Because it might just be the next big thing in finance, if it isn't already.
 
## Start or Invest in a Company You Love
 
Everyone is passionate about something. If that's you, then spending money on starting a company of your liking isn't such a bad idea. It's easier said than done, but what are the odds of losing if you try? You get to do what you love and start something you're passionate about that could lead to something big.

## Final Thoughts

Suppose you have well over a billion dollars. In that case, you can invest in companies, companies that you love their products oh so much, and, more so, companies that have the potential to innovate or change an industry constantly over time.

Do you love Apple products or Tesla cars? Investing in Tesla and Apple is a perfect way to spend your money wisely without worrying over significant losses.


 
 
 
 
 
 
 



Spend Elon Musk Money? How Would You Spend Billions?

If you're wondering what's the best crypto to buy and hold, we've put together some analysis to help your research.

Buying and holding cryptocurrency could be a great way to be financially independent and beat inflation. It could also give you total control over your financial portfolio.

Owning crypto that constantly increases in value is every investor's dream. But, the market for crypto is highly volatile and things change so fast that while some cryptos gain over time, the opposite happens to other cryptocurrencies.

But being a keen investor involves making big bets on the future, which consists of investing in cryptos that can stand the test of time.

If that's your goal, there are cryptocurrencies you can buy now which are tipped to increase in value in a decade. Here are some experts have predicted could go 'to the moon'.

## [Cardano](https://cardano.org/)

Cardano is the ninth most popular cryptocurrency, with a market cap of about $32 billion. Cardano is an environmentally friendly coin compared to others that require a high amount of energy, electricity, and hardware to mine. Miners update the blockchain using coins they own.

This matters because governments and even crypto enthusiasts and investors scrutinize the effects of Bitcoin mining on the environment. Looking for innovative ways to tackle the impact of crypto mining is becoming crucial and could make the 'cleaner' tokens, like Cardano, a better long-term bet.

## [Solana](https://solana.com/)

Solana's value could increase in the coming years for many reasons. One reason is a new feature released by Solana that investors and enthusiasts are keen on; Solana Pay. Solana Pay supports decentralized P2P payments and aims to support payments with traditional currencies like the US dollar.

That feature gives Solana an edge over other competitors. Solana is the seventh most popular crypto with a market cap of $35 billion. 

## [Ethereum](/coins/eth)

Ethereum is not a new name in the crypto industry; it's the second most popular crypto in the crypto market. The new Ethereum upgrade Eth2 has garnered much interest among investors and enthusiasts due to upgraded security and scalability. This upgrade and the blockchain's role in smart contracts and NFTs could secure rising values for Ethereum in the coming years.

## [Bitcoin](/coins/btc)

Bitcoin is the most popular cryptocurrency; it's a good asset for investors. Generally, Bitcoin is the first choice when investors plan to buy and hold.

As more businesses accept crypto as a means of payment, it increases in popularity. Companies like Microsoft, Tesla, and PayPal have started accepting Bitcoin as a means of payment. It has been a performing asset for more than a decade and as general acceptance and use increase, it could be worth adding to your investment portfolio.

## Final Thought

Crypto is worth investing in; there are thousands of cryptocurrencies in the market, so choosing the right one is essential.



Best Crypto to Buy and Hold? Here Are Some Thoughts 

Aside from being a famous chef, the world has heard Gordon Ramsay Bitcoin views in recent years.
There have also been numerous ads claiming he has made vast sums of money from investing in Bitcoin.

Crypto enthusiasts and investors are curious about Gordon Ramsay and questions like; does he own a Bitcoin, has he invested in Bitcoin, and is he a crypto trader?

## Who is Gordon Ramsay?

Gordon Ramsay is a well-known celebrity chef. However, he might have a keen interest in Bitcoin or crypto.
Through his work as a chef, he has a popular restaurant group, founded in 1997. His fame as a chef began in 1999, and today he's known as one of the most influential chefs in the world.

Aside from being a chef, he's a well-known, established businessman who has made many intelligent investments over the years. In addition, he has acted as a brand ambassador for a variety of businesses.

## Does Gordon Ramsay Use Bitcoin?

For him, being one of the few celebrities who discuss crypto publicly, people have asked questions about his involvement in Bitcoin. One is; does Gordon Ramsay use Bitcoin?

Over time, as that particular question gets asked, there has been speculation that he does own Bitcoin. Although this might be entirely true, he hasn't said publicly that he does.

Some publications have even reported that claims that Ramsay is making millions of dollars through Bitcoin are fake. Gordon himself has said that he has never traded Bitcoin or made money from Bitcoin trade or investments.

## Did He Invest In Bitcoin?

Although the celebrated chef has been linked to numerous crypto trading systems, he has never endorsed them. Moreover, there isn't any proof that the businessman has made any crypto investments. 

There have been instances of crypto trading companies using his name and photo to promote their businesses. They even go as far as using his pictures and fake testimonials of him to promote their business. They claimed that the chef had recommended the trading system to investors, enthusiasts, and potential customers.

## Is He Part of the Bitcoin Revolution Platform

It was claimed that he had invested in the Bitcoin Revolution Platform, a platform for trading cryptocurrency. It performs data-driven trades for customers; it's an automated trading platform.

However, the chef and businessman has denied any involvement with the platform. Even after an investigation by various media outlets, there wasn't any proof that he was involved in the investment.

Although Gordon Ramsay has a variety of investments and is a well-known businessperson, there is no evidence he has ever invested in Bitcoin. Although he may be knowledgeable about cryptocurrency, he hasn't made an official statement about his involvement in cryptocurrency, even though he might talk about it from time to time.


The Gordon Ramsay Bitcoin Question

This is the story of the bitcoin trader and the TV series Dragons' Den and how crypto scammers falsely used Dragons' Den as a front for a Bitcoin scam. 

There are 21 million [Bitcoin](/coins/btc) in existence, and, right now, 16.3 million have been mined and are being traded. It is widely believed that the last Bitcoin will be mined by 2140. This has made investors, enthusiasts, and others interested in the cryptocurrency.

Bitcoin is the world's most popular cryptocurrency; it is digital money to replace traditional currencies. All Bitcoin transactions are processed by a technology called blockchain, which is considered revolutionary and has the potential of changing economics and finance.

And now, Bitcoin scammers are eager to get a hold of any Bitcoin they can, and they can go to any lengths. A recent story to hit the news is how scammers used images of stars of the popular TV show Dragons' Den to lure victims into giving them the digital currency Bitcoin.
It was the story of Bitcoin trader Dragons Den and a scam to take investors' money.

These scammers use social media to post these stars' images and fake quotes to lure their victims into the con. Peter Jones and Deborah Meaden, both stars on the show, were among those whose images were used to lure unsuspecting victims.

Bitcoin trader platform claims that they offer automatic trading that helps customers make over $10,000 daily. Even claiming their customers work 20 minutes a day. Stars of Dragons' Den were a front for these outrageous claims. It was claimed that Jones invested £2 million for a 25% share, and it was falsely stated that Meaden invested £250 to test the service and made £100 in profits in eight minutes.

This isn't the first time scammers have pulled off scams like this, using pictures of famous people to lure people into making investments that are scams. Images of other Dragons' Den stars have been misused for scams like this.

In March of 2018, scammers used the faces of the stars on the Irish version of the show to promote their scam activities. These people use the faces of famous people or business magnates to lure victims because they are influential and can easily convince victims and people into making investments. The faces of business leaders Elon Musk and Bill Gates were used to scam victims in 2020.

## Dragon Den Denied Any Involvement

Dragons' Den strenuously denied involvement in this scam. Meaden herself said it's essential to do a thorough check before making online transactions because online fraud is rampant and sophisticated.

Does it sound like it might be too good to be true? Then it probably is. Online crypto scams are everywhere now and it's advisable to take care before committing to any investment online, especially where outrageous profits are promised.


red image of bitcoin and dragons den uk logo

Bitcoin Trader, Dragons' Den Scam. A Warning

As altcoin season approaches, picking an altcoin to invest in can be a tricky thing. And for investors, knowing which coin will be on the rise next is imperative.

First, altcoins are cryptocurrencies that aren't [Bitcoin](/news/category/blockchain-news); after the release of Bitcoin in 2009, all other coins were released, and they were called altcoins. Over time as Bitcoin grew in value and popularity, so did altcoin. And in today's world, altcoins have lots of investment models, one of which is altcoin season.

As the usage of altcoin increases and becomes dominant in the market, investors are more than ever keenly interested in the altcoin season—a period where these coins could reach a record high. As of 2021, many coins reached record highs, and 2022 is no exception. That's all the more reason people are very interested in this season - altcoin season - and investors, enthusiastic alike, eye the season.

## Altcoin Season is Here

The price of Bitcoin is cyclical, and it only halves once every four years. As the price of Bitcoin went up and after its halving event, the altcoin season officially began. Now investors know altcoins with small market caps are about to go up, and they are keen on new investment opportunities.

So if you're thinking of the right altcoin to invest in this period, here are a few basic ones you could invest in:

### [Ethereum](/news/category/ethereum-news-today)

Ethereum is the essential altcoin. If you don't own Ethereum, you need to buy, and if you own, you could broaden your investment by buying more if you can. Some bullish news like a move to PoS, a possible upgrade to Ethereum 2.0, means the coin will see a significant rise in coming times. 

### Shiba Inu [SHIB](https://coinmarketcap.com/currencies/shiba-inu/)

SHIB is another good coin to buy in 2022, and the main reason is; that the meme coin buzz made coins like SHIB see massive growth. When it was introduced in October 2021, it saw a 1000% growth within a month. Considering this trend, SHIB is another coin to see massive growth as we move through 2022. More so, with the launch of ShibaSwap - a new decentralized exchange - the currency is still very much expected to grow.

### MANA - Decentraland

The buzz around metaverse has got people interested in crypto more than ever. Decentraland is at the forefront of metaverse development. Decentraland is a game consisting of a digital virtual world, where users can buy in-game items, like land, to develop with and characters.
Items in the game are in the form of NFTs. As the metaverse expands, with major tech companies like Meta and Microsoft leading development, coins used in the metaverse garner more interest. And MANA is no exception. Decentraland, a major metaverse game with coin MANA, will see much interest in 2022 even in the coming years.

### BLOCK

Lucky Block is changing the lottery industry one step at a time for the better. BLOCK is used to invent the way lotteries are being played by reducing draw times, improving transparency, and increasing the chance of winning. With these innovations, the coins have garnered interest not just in the lottery industry but also publicly. And the way the currency is built is that the supply reduces over time, and this makes the prices go up. So buying this altcoin now can be beneficial as its value is expected to rise.

## Final thought

Altcoins are expected to see a massive rise in the coming weeks; that's guaranteed. Buying one of these altcoins listed above will be an ample investment opportunity.


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