The Top Picks for Long-Term Investment: Bitcoin (BTC) and Polygon…

“A great investor once said, ‘If you’re not investing for the long-term, I don’t know what you are investing for.'”

While traders and speculators can decide to hop in and out of a market since they seek little profit in some minutes or hours, investors are not permitted to do this; short-term investment or getting out of trades at the sight of a correctional move downwards defeats the sole purpose of investment.

A real investor seeks to maximize capital gains and huge portfolio returns by holding specific assets with good value propositions for not less than five years.

The cryptocurrency assets tipped for long-term profitability when invested in are BTC, MATIC, and RENQ.

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Bitcoin (BTC)

Impossible to omit the mother of all cryptocurrencies when listing the assets that can yield huge profits when held for long.

Bitcoin is the foremost of all cryptos, it was created in 2009 and the identity of the creator remains pseudonymous; Satoshi Nakamoto. 

It is both a network and a digital payment currency, Bitcoin operates freely without any governmental control and functions on the proof-of-work model.

BTC has stood the test of over a decade making it a valid investment choice for the future;

The coin has a capped maximum supply to be burned and with a majority of the currency already in circulation, its price is expected to keep soaring with time as its demand grows (Demand is expected to grow since BTC exhibits the real quality of money of being Scarce).

Several corporations and countries have adopted the currency for payments. Bitcoin is expected to keep on making waves and yield high profits for the long-term HODLers.

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Polygon (MATIC)

Polygon, firstly named MATIC network is a layer 2, sidechain network offering scalable solutions on the Ethereum blockchain. This in turn allows for speedy transactions and low fees, two features lacking on the Ethereum network.

Polygon protocol and framework allow Ethereum-compatible blockchains to connect. Applications built using the EVM (Ethereum Virtual Machine) can easily move to the Polygon network. 

MATIC is the native currency operational on the Polygon network, it is used for paying transaction fees, staking, and a range of other functions.

MATIC has all the features to be a profitable asset for long-term investors.

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RenQ Finance (RENQ)

The last of three tokens tipped to be a top choice for long-term, profitable investment is RenQ.

Dubbed the Unified platform to a decentralized world, RenQ is the first platform that will unite all existing blockchains in the DeFi space to facilitate transactions across those distinct systems.

(In the past, it had been difficult and nearly impossible for users to perform cross-border transactions on one platform, the introduction of RenQ Finance changes the whole narrative.)

RenQ is an innovative, multi-chain, non-custodial decentralized exchange that elevates decentralized trading by providing users with a direct trading option through their wallet app.

RenQ wallet has all the capacities of foremost exchanges and it connects various DEXs in its app to make transactions faster and easier.

A host of DeFi services are supported on the Defi wallet; users can perform lending, staking, borrowing, farming, swapping, etc on the platform.

RenQ is non-custodial in that it doesn’t hold ownership over the funds of its users; obeying the saying, ‘not your key – not your coin’ meaning that Users have their private key to access and control their wallets.

RENQ token is the operational token of the platform and it will serve as the building block for all future innovations while remaining a relevant pick in the DeFi space for a profitable long term.

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Visit the links below for more information about RenQ Finance (RENQ):

Presale: https://renq.io
Whitepaper: https://renq.io/whitepaper.pdf
Telegram: https://t.me/RENQFINANCE

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source: https://cryptodaily.co.uk/2023/02/the-top-picks-for-long-term-investment-bitcoin-btc-and-polygon-matic-and-renq-finance-renq