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I'm considering making long term hold positions on cryptocurrencies in the next week or so. Currently, BTC, ETH, XTZ, and LINK are the 4 I'm serious on. Also considering ADA, XMR, and DGB. Anyone got any strong recommendations with reasons?
1) BTC has the network effect, everyone knows it and it has the liquidity to attract institution investors.
2) ETH 2.0 seems promising and even if it does not pan out in long run, I still think its #2 spot will get it a healthy appreciation in this next bull run.
3) XTZ and LINK are among the best performing cryptos of the bear market, many analysts I've watched recommend and hold them. Their charts look bullish. Also, both seem to have solid industry connections and projects running. Tezos has good institutional backing and Chain Link seems to be solving a problem that actually matters in the space (not a tech wizard though but just my impressions). Totally up for friendly discussion!
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