Which Crypto To Buy Today For Long-Term Investment: 5 Top Cryptocurrencies to Invest In

Are you looking for which crypto to buy today for long-term investment? You are not alone.

Many other smart cryptocurrency investors like you are also looking for valuable cryptocurrencies they can buy today and hold for a long term to benefit from a potential price rally.

Cryptocurrencies have gained significant traction and global adoption lately, and more and more people are showing interest in investing in them.

However, the cryptocurrency market is still complex and in an uncertain position, with lots of digital assets floating in the market.

Hence, it is unsurprising that this one question, “Which digital asset to buy today for long-term gains?” will always come to mind when making investment decisions.

If you are looking for digital assets with strong potential for long-term gain, this is the guide for you. This guide will help you to solve your confusion and indecision by highlighting the best digital assets to buy today for long-term success.

N/B: Please keep in mind that this is not financial advice. Instead, it is a pointer to guide you in the right direction. Therefore, do your own research or consult your financial advisor before you make your final decision.

As a side note, ensure that you keep your digital assets safely and securely since you are buying and keeping them for a long term. Here are some non-custodial wallets you can consider.

Digital Assets to Buy Today For Long-Term Investments

Here is a detailed review of the best crypto to buy in October 2024 for long term gains.

This review gives an insight into the market analysis and current performance of the best cryptocurrencies to buy. Read on.

Bitcoin (BTC)

Market Capitalization: ‪$1.26T

Current Price: $63,561.26

Bitcoin remains the best and original cryptocurrency to buy for a long-term profit. It is the most expensive and largest crypto by market capitalization. Just within 15 years, the leading crypto has moved from $0 to over $64,000 in value.

Despite the volatility and constant fluctuations in its price, Bitcoin has remained a favorite investment tool among individuals, businesses, and institutions.

Since its inception in 2009, Bitcoin has seen its fair share of ups and downs. Nevertheless, the coin has consistently bounced back and reached new all-time highs (ATH). This strong resilience and stability have consistently attracted lots of cryptocurrency investors who believe in Bitcoin’s long-term potential.

More so, Bitcoin is often referred to as a “digital gold” because it shares some characteristics with gold. Just like gold, Bitcoin is scarce, durable, and fungible. Hence, some people see Bitcoin as a hedge against inflation, geopolitical uncertainties, and traditional financial systems.

El Salvador and the Central African Republic adopted Bitcoin as a legal tender in June 2021 and April 2022, respectively.

The US Securities and Exchange Commission (SEC) also approved spot Bitcoin exchange-traded funds (ETFs) in January 2024. All these marked a significant milestone in the landscape of Bitcoin investment and proved to be a game changer for the largest coin.

In September, Bitcoin’s price reached a high of $78,000 after China’s central bank, PBOC, announced stimulus packages to revive the economy and markets. However, Bitcoin has since dropped and is showing resilience around the $64,000 benchmark.

Before buying Bitcoin, remember that Bitcoin is very volatile, so carefully conduct your thorough research before making any investment decisions. If you want to buy Bitcoin with a debit card, check out this post.

List of Other Cryptos to Buy Today For Long-Term Investments

While Bitcoin is the best coin to buy now for long-term gain in 2025, here is also a list of the best cryptocurrencies with track records of long-term profitability.

Please note that stablecoins are excluded from the list because they have relatively stable prices that are pegged or tied to that of another fiat currency, commodity, or financial instrument. Also, non-fungible tokens are not listed.

Ethereum (ETH)

Market Capitalization: $‪316.96B

Current Price: $2632.99

Ether, the second-largest digital asset by market share could be the answer to your question, “Which digital asset to buy today for the long term.” Just like Bitcoin, Ether also stands tall as a top contender for long-term investments.

For context, Ether is different from Ethereum. Ethereum is the blockchain network, a protocol, while Ether is the platform’s native cryptocurrency that powers the Ethereum blockchain.

Ethereum is the most widely used blockchain in the world of decentralized finance (DeFi). Currently, Ethereum is hosting more than 80% of the DeFi platforms, DAOs, and decentralized applications (DApps).

More so, thousands of NFTs are built over Ethereum. All of these gave Ethereum the nickname “the backbone of the web3 internet.”

Now consider that Ether is the fuel that powers the Ethereum network. Over the years, Ether has also experienced tremendous growth. From April 2016 to the end of September 2024, the price of Ether went from around $11 to about $2,632.

That is price appreciation of over 23,800%. The spot Ethereum ETFs, which were approved in July 2024, also make Ether a good investment to consider.

Finally, if you are looking to invest for a long term in cryptocurrency, Ether has an excellent merit – it backs a project that has strong utility, boasts a wide range of utilities, and is consistently improving.

Lots of other popular digital currencies are built on the Ethereum blockchain. This is a clear indication of ETH’s longevity. Considering the current situation, anyone holding Ether for over two years would be in profit.

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Binance Coin

Market Capitalization: $83.60B

Current Price: $572.59

Another digital coin to consider for a long-term investment is the BNB, previously called Binance Coin but now called “Build and Build.” It was launched by Binance in 2017.

BNB is similar to Ether in that it is also a network token. BNB is the native cryptocurrency of the BNB Chain blockchain, and it allows developers to easily deploy EVM-compatible DApps.

Also, BNB gives its users access to special benefits on the platform, such as lower trading fees, access to exclusive sales, cashback on purchases with Binance Visa cards, access to the Binance Launchpad and Launchpool programs, and so on.

But why is BNB a good long-term investment?

Aside from the fact that BNB has shown strong growth over the years, BNB holders can benefit from a newly launched special program called “HODLer Airdrops.”

According to Binance, “HODLer Airdrops,” launched in June 2024, provides airdrops to BNB holders who have their BNB tokens in Binance’s Simple Earn products, which include flexible and locked lending products.

Also, holding BNB helps you to get discounts on fees. That means if you trade frequently on Binance, you can save more on transaction costs by holding BNB.

The price of BNB when it was launched in 2017 was just about $0.10, but by late September 2024, the price was close to $600. That’s about a 605,756% gain.

BNB’s growing utility and Binance’s expanding ecosystem make BNB a promising coin to buy in 2024 and hold for the long term.

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Cardano (ADA)

Market Capitalization: $13.29B

Current price: $0.3802

According to crypto enthusiasts, Cardano (ADA) is one of the top digital currencies to consider when it comes to long-term crypto investments.

Cardano was co-launched in 2017 by Charles Hoskinson as a blockchain platform to provide a secure and sustainable environment for the development of smart contracts and DApps.

ADA, the native token of Cardano, is basically used for gas fees, staking, and as a means of exchange on the cardano network.

As the network continues to gain traction and grow, the demand for ADA is expected to grow, and this would potentially drive the price of ADA upward. This makes ADA a good choice for long-term investment.

Since its inception in 2017, the ADA token has experienced significant growth compared to other cryptocurrencies. In 2017, the price of ADA was $0.02. As of September 24, 2024, its price was at $0.37. This is an increase of about 1,764%.

In a nutshell, ADA has the potential for positive long-term growth, which is primarily driven by its strong community, growing ecosystem, and technological advancements.

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Solana (SOL)

Market cap: $73.14B‬

Current price: $156.18

SOL made its debut entry into the world of cryptocurrencies in 2020, but since then, its value has risen by over 15,000%.

Currently, SOL is the fifth-largest digital asset in the world of crypto. Although it flipped Solana BNB to emerge as the fourth-largest digital coins after a 35% rally in July 2024, it dropped back to its fifth position due to the recent BNB rally.

In 2021, a SOL token was worth about $1.52, but as of this writing, it is trading at about $156, with an all-time high (ATH) of $260.05.

SOL has become a very popular coin because its network, Solana, is currently competing convincingly with Ethereum. Almost all new meme coins are launched on the Solana network, and most cryptocurrency community members are referring to Solana as the “future of blockchain.”

SOL is also one of the fastest cryptocurrencies, with a transaction speed capable of carrying out thousands of transactions per second. Additionally, SOL offers a low transaction fee. The low fees, coupled with its fast transaction speed, make Solana a compelling platform for NFT activities.

In conclusion, Solana presents an intriguing long-term investment opportunity because its price has shown a bull run since the last couple of years, thanks to its impressive technological capabilities, diverse utility, and ongoing developments.

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Key Considerations When Deciding Which Crypto To Buy Today For Long-Term Investment

Before deciding on which digital asset to buy today for long-term investments, here are a few factors to consider:

Market Capitalization and Liquidity

Make sure that you research the market capitalization and liquidity of any digital asset you want to invest in.

Market capitalization refers to the total value of a cryptocurrency in the cryptocurrency market. This is an important metric, and it is essential to choose a digital asset with a high market capitalization. A high market cap signifies that the cryptocurrency is more established and has a large investor base.

Liquidity, on the other hand, ensures that the cryptocurrency can be easily bought or sold without any significant impact on its price.

Hence, always look for cryptocurrency with good liquidity, market capitalization, and sufficient trading volume to minimize potential risks.

Use Cases and Adoption

Ensure that the digital asset you want to invest in has real-world utility and future adoption potential. Try as much as possible to avoid cryptos without a growing user base and clear purpose.

Cryptocurrencies with a clear usefulness, wide adoption, and practical applications are more likely to be the best digital assets for long-term investments.

Also, note that a cryptocurrency with strong utility will likely maintain its value and potentially appreciate over time.

Regulatory Environment

Another thing to consider is the regulatory environment surrounding the digital asset you want to buy. Just like speculations, regulations can also have a significant impact on the value and adoption of digital assets.

Hence, choose a digital coin that strives for transparency and demonstrates compliance with regulatory requirements.

Cryptocurrencies that operate in a favorable regulatory environment are more likely to excel in the long run compared to those that do not operate.

Technology and Innovation

Finally, research the underlying technology and innovation behind the digital asset. Consider a cryptocurrency with a strong and active development team, a promising technology, and also a clear roadmap for future innovations. This will increase the likelihood of long-term success.

Always remember that the digital assets market is highly unpredictable, and investing in digital assets carries a level of risks. So, do yourself good to carry out thorough research on digital assets, stay informed with the crypto market updates, and, if possible, diversify your long-term cryptocurrency investments.

However, the considerations listed above, like market capitalization and liquidity, utility, and adoption, regulatory environment, and technology and innovation, can help you make more informed decisions when deciding on which digital asset to buy today for the long term at a low price.

How to Buy Digital Assets For A Long-term Gain?

Once you have carefully considered the digital asset you want to invest in, follow the simple steps below to buy the crypto:

Select a Reliable Cryptocurrency Trading Platform

The first step you need to take to buy digital assets is to look for a reliable trading platform. This may be an exchange, crypto wallet, or a just a trading site for digital currency. Whichever platform you choose, make sure that the platform supports the digital coins you have decided to buy.

You will have to register an account with the platform if you are new to the platform.

If you are concerned about your privacy, you can try any of these three no-KYC crypto exchanges for anonymous transactions. If you are cool with a digital wallet, here are some of the top cryptocurrency wallets for beginners to kickstart your journey safely!

Whatever your choice is, always pay attention to security features, fee structures, and account minimums on the platform.

If you opt-in for a cryptocurrency wallet, you would need to set it up after downloading and registering on the wallet app.

Place Your Cryptocurrency Order

Now, you have a cryptocurrency account/wallet that needs to be funded. You can fund your digital wallet by buying cryptocurrency with PayPal, a credit/debit card, a bank account, or via a P2P system on any compatible cryptocurrency platform.

Note that buying digital asset with a credit/debit card or bank account may require you to reveal some personal info. Otherwise, try some decentralized platforms for your the purchase. Also, buying digital coins using a credit/debit card may incur some off-platform, which may be expensive.

When you are ready to buy the digital asset, enter the correct name or ticker symbol for the coins and enter the amount you want to buy. Double-check the details before confirming the transaction. Your chosen coins should be delivered to your wallet address.

Note that some trading platforms allow you to buy crypto with gift cards. So, if you have some gift cards around, you can convert them into crypto.

Store Your Crypto

Except you have decided to keep your crypto right on the platform where you purchased it, whenever you buy crypto, you would need to handle its storage and safety on your own. Remember, you are keeping the crypto for a long term, you need to properly store it to ensure you keep your digital asset safe.

Here are a few crypto storage options to consider:

Cryptocurrency Exchanges

Some exchanges like Binance, Coinbase, and OKX have inbuilt crypto storage to keep digital assets on behalf of their customers.

However, storing your crypto on an exchange can be risky as you are not the one in charge of your private key. Therefore, consider other methods for long-term storage.

Hard (Cold) Wallet

A hard wallet, also called a “cold wallet” is a small hardware wallet that looks like a flash or USB drive. It is plugged into your computer to store your private keys. This device is called a “cold wallet” because it signs transactions offline and does not connect to the internet when not in use.

Paper Wallet

This form of crypto storage is less popular. A paper wallet is an offline method for storing digital assets. It involves printing your private keys on paper in a QR code form and keeping it somewhere safe.

Software Wallet

This storage method is very common among crypto holders. A software wallet is an app or program that can be downloaded and installed on mobile devices to manage digital assets electronically.

While it may be a non-custodial wallet, it must connect to the internet and networks to function. Compared to hard wallets, software wallets are less secure but make transactions easier.

Conclusion

We hope the five digital assets listed above have helped you decide which crypto to buy today for long-term profits. Navigating the world of digital currency can be both exciting and risky. However, being strategic by using our guide above can help you make a better investment decision.

Nevertheless, always remember that you should make it a point to do your own research to get the best out of your crypto investments.

Frequently Asked Questions (FAQs)