Best Crypto to Buy Now as This Financial Advisor Urges Investors to Hold More Digital Assets

The Bitcoin price is currently consolidating around the $107K mark, with no significant signs of an uptrend appearing on the charts. But that isn’t stopping major analysts from predicting that massive long-term gains may be on the way. Some major financial influencers are even backtracking from their apprehensions regarding crypto and are now saying to hold more.

Financial advisor Ric Edelman is one of them. In his book The Truth About Crypto, which was published four years ago, Edelman said that users should only hold 1% in crypto.

However, his tune has now changed. CNBC reports that Edelman has now advised that other financial advisors should be recommending anywhere from 10% to 40% in cryptocurrencies.

This backpedaling showcases that the world is now opening up to crypto, and even the biggest skeptics are now inclining toward what the cryptocurrency space has to offer.

But the question remains: which digital asset is worth holding? And more importantly, which is the best crypto to buy now that’s also suitable to be held long term?

The Evolution of Crypto in the Past 4 Years Has Made Me Change My Stance – Ric Edelman

When asked why he went from a 1% recommendation to nearly 40%, Ric Edelman simply said, “the evolution of crypto in the past four years.”

His apprehensions about crypto stemmed from whether the governments would ban Bitcoin or if the technology would become obsolete.

“Today, all those questions have been resolved,” said Edelman, who heads the Digital Assets Council of Financial Advisors. “It’s radically changed and is now a mainstream asset,” he added.

For the advisor, it is a “wonderful way to improve modern portfolio theory statistics.”

What Impact It Could Have on The Market?

While the statement itself hasn’t done much to pump the Bitcoin price, it has, for the first time, shown what happens when a crypto skeptic turns into a believer. Furthermore, institutional investors have already helped keep the BTC price afloat. And if retail investors take this advice to heart, the market may see an influx of new cryptocurrency investors, which could lead to another jump in the BTC price.

Best Crypto to Buy Now – Top Picks for Smart Investors

Given that there is some degree of certainty that new investors will come in to check out Bitcoin and other cryptocurrencies in the current ecosystem, here are some of the picks for smart investors.

BTC Bull

For those who do choose to allocate 10% or even 40% of their total investments into cryptocurrency, BTC Bull is a good bet as a small portion of it.

A simple project, BTC Bull is a nice beginner-level cryptocurrency designed to tap into the social momentum around Bitcoin to grow in value.

Designed with the philosophy that when Bitcoin’s price rises, other cryptos follow, BTC Bull aims to follow Bitcoin’s price growth to grow in value.

With its token burns and Bitcoin airdrop schedules aligning with Bitcoin’s growth, BTC Bull does not focus on long-term gains much. However, given the social power this token has, and the number of investors it has already attracted, chances are high for this meme coin to also be a viable long-term investment.

In fact, analysts like 99Bitcoins have assessed the crypto recently, stating that while it could have a 10x potential in the short term, there could be some long-term value in holding it as well.

SUBBD

Another token worth holding in the portfolio is SUBBD, which has generated buzz within the cryptocurrency community through its content creation systems.

Powered by artificial intelligence, SUBBD is a cryptocurrency project that lets creators develop their own AI-powered content and create a collaborative relationship with their fans.

The project lets creators manage content, share exclusive perks, and manage their workflow without having to do so manually.

It also features a GPT-esque module that lets creators alter their own content to create something more dynamic according to the requirements of their fans.

Fans, on the other hand, gain everything from exclusive spicy content and games to a chance to earn from the ecosystem by way of sharing. There is also a fixed staking perk, which helps the SUBBD system become more sustainable.

While utility is the reason the project has worth, on social media, it is the look of the models that has allowed SUBBD to gain an immense following. The project has gained upwards of 76K followers already, and it features the new models that are being onboarded.

So, for those looking for a project whose utility has mass appeal and a strong following, SUBBD is a good buy.

Bitcoin Hyper

Bitcoin’s core value lies in its role as a store of value. It’s the reason most institutional investors are bullish on what it could be in the future. However, the lack of utility continues to make people apprehensive about it. That’s why, when there is a project that could inject the traditional Bitcoin ecosystem with strong utility, people listen.

Bitcoin Hyper has been made into such a strong contender. Built on the Solana blockchain, the project aims to provide an L2 scaling solution to Bitcoin.

While Bitcoin Hyper may not be the first with its ambitious take, it is the first that takes a memetic approach to it.

The official website shows Pepe as its main mascot, dressed like Flash and racing across the ecosystem. This “hyper” visual showcases Bitcoin Hyper’s approach to increasing speed, scalability, and usability for the Bitcoin network, which has been one of the reasons it has gained so much value.

Conclusion

Ric Edelman’s remarks about holding more crypto shows the changing of tides within the cryptocurrency ecosystem. Investors who once frowned on crypto have gone curious and investors who once sat on the sidelines are now eager to get in. However, as new investors come in, it is important to ensure that their first drop into crypto space is relatively safe. Therefore, the focus of this “best crypto to buy now” list have been presales. These assets have shown strong community support. And most have strong use cases that make them a viable long-term investment.

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