First of all, the investment ideas I will talk about here are not investment advice, I just want to share my ideas with you with my own pen.
Cryptocurrency assets, namely virtual currencies, have been in our lives for about 15 years and the crypto world continues to be built on the blockchain network with various coins/tokens. When I say crypto, the first thing that comes to my mind is of course Bitcoin, which pioneered all crypto assets.
Besides Bitcoin, there are many projects/coins with dazzling technology and a great algorithm.
Cryptocurrency investment consists of 3 stages.
Short Term Investment
Sell a currency you bought in a 10-day period at the targeted point
Medium Term Investment
Selling the currency you purchased at the targeted point in a period of 2 to 4 months
Long Term Investment
Selling the currency, which we expect a high increase in 1-2 years, at the targeted point
Now, if everything is ok so far, I will have a few suggestions for you for our main topic, Long Term Investment. In this article, I will try to explain in detail only 2 token / coin currencies that I trust very much.
Safemoon
Our first recommendation, Safemoon, is the first Bsc network token to reach a large holder/investor base worldwide. It even surpassed Bitcoin in the Coinmarketcap watchlist and took the first place. The reason for this is of course the technology behind it and the community that discovered it. Although Safemoon was initially called a trash coin, his hard-working team managed to refute these theses. Even the international Cryptocurrency Security monitoring community (Certik) has securely approved and shared it with people.
It is processed with an algorithm we call tokemomics in Safemoon. In other words, Safeemon tokens do not consume any energy for mining / production. Every time they buy and sell Safemoon tokens, their transactions take place with a 10% deduction. Well, I hear you say where this 10% cut is going.
Safemoon on every trade
It is given to 5% Holder/Investors based on their balance.
5% is wiped/burned from the total supply.
To wrap up the paragraph, your balance increases with every safemoon trade. Even if you do not take any action, the number of safemoons in your wallet increases.
If we expand the concept of token burn/burn a little more, the more the total supply decreases, the market cap value is divided by that number and this affects the price over time.
This is how we can understand that Tokenomics technology is a promising algorithm. For example, so much electricity is consumed every day for the production of Bitcoin and Ethereum that you can't even imagine. In this case, of course, it is not very encouraging. That's why safemoon comes to the fore and continues its technology without wasting electricity.
It will be a more corporate and unifying project by publishing its own wallet application soon. When we look at Roadmap, it is stated that it will be listed on the Binance exchange in August. If it is listed on the Binance exchange, it will be an excellent price increase.
It would be more accurate if I explain the current price of Safemoon with some math.
1 million units is currently equivalent to 8 dollars.
There is a huge earning potential with a small amount of investment.
Even if the price of Safemoon is $0.20, it's worth $200k.
You can buy Safemoon right now from exchanges such as gate io, hotbit and pancakeswap.
Shiba İnu
I can say that it is the beginning of a long road for Shiba. For long-term investment, I think it should be bought with a small amount. You ask why?
Maybe you know the adventure of Dogecoin. It's a joke coin and incredible rises in the last 2 years. Doge is a currency that has increased 800 times in the last 2 years. Here's another example of this, not just as a joke, but with its full-fledged project...
Even if the total supply was high, 50% of it was removed from the market. Therefore, it also affected the price. It was listed on Binance about 1.5 months ago and achieved a great rise. But this rise is just the beginning. Because Shiba also has a nice project.
I think it will be priced well with the Swap market it will launch soon. These aside...
A tweet about Shiba was also posted by Elon Musk. In this case, people flocked more. Things are not clear in the upcoming process. Because this is the crypto world..!
Shiba inu has the potential to rise 700-900 times in 1-2 years.
As for the price, I would say:
1 million Shiba currently costs $10.
You can also buy Shiba on the Binance exchange.
Good luck to everyone.
