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Best Tokens To Buy and Hold for Long Term Profit – Avalanche (AVAX), Hedera (HBAR), and Watchvestor (WVTR)

Author

Jay Solano

Tags

Reading time

3 mins
Last update

Author

Jay Solano

Tags

Category

News - Archive

Reading time

3 mins
Last update

Author

Jay Solano

Tags

Reading time

3 mins
Last update

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With the bear market currently in full swing, investors are looking for tokens with immense potential for long-term profit. Buy and hold is an age-long strategy for profiting from crypto tokens and can be effective for both experienced investors and newbies. However, buying and holding do not outrightly guarantee profit. Avalanche (AVAX), Hedera (HBAR), and Watchvestor (WVTR)  as the three tokens investors can buy and hold for long-term profit. The article looks at the use cases of these tokens. 

Invest in Rolex, Patek Phillippe, Richard Mille, and AP for as little as $10 

Avalanche (AVAX) – The Ethereum Alternative in Building Decentralized Applications (DApps)

Avalanche (AVAX) is a blockchain network that allows developers to build decentralized applications on the platform. While Ethereum is the most popular network for building decentralized applications, Avalanche is not far behind and is aiming to unseat Ethereum as the number one developer-friendly platform. Unlike Ethereum, which has issues of scalability, Avalanche combines scalability with faster transactions. Here are reasons AVAX is a good coin to buy and hold;

  • Avalanche prioritizes scalability which makes it an alternative to Ethereum which lacks scalability.
  • It allows transactions on its platform with low gas fees as compared to other networks.
  • Avalanche has a robust ecosystem where developers collaborate on exciting projects.

Hedera (HBAR) – A Sustainable Platform for Creating Decentralized Applications (DApps)

Hedera (HBAR) is one of the tokens that analysts believe investors can buy and hold for the long term. The blockchain network that allows the building of powerful decentralized applications (dApps) is currently on a downward trajectory, with significant losses in the past few weeks. Despite this, experts are bullish on HBAR. Here’s the reason investors may want HBAR as a long-term investment.

  • Hedera is a powerful network that allows developers to build and scale their decentralized applications.
  • Hedera’s market cap is over $2 billion, which makes it a dominant force in the crypto market.
  • The versatility of Hedera in terms of speed, security, and scalability is a rare feature in the market.

Watchvestor (WVTR) – A Token Tailor Made for Long Term Profitability

Apart from Avalanche and Hedera, Watchvestor is also another crypto project that investors can buy and hold for long-term profit. Despite being a new project, Watchvestor has attracted numerous investors with its ability to decentralize the watch market, which is often exclusively reserved for the rich. Below are reasons investors should see Watchvestor as a long-term investment;

  • Watchvestor is eyeing the $42 billion watch market with massive potential for growth.
  • With Watchvestor, luxurious watches are minted into fractional NFTs, which can be purchased for as little as $10. Investors can also purchase a whole NFT and have THE watch delivered to them if they are in one of the 150 countries supported by the platform. 
  • Watchvestor has a robust liquidity protocol. It allows users to use their fractional NFT as collateral when borrowing on the platform. Investors still retain their ownership of the NFT watches even after using them as collateral.

Some of the top watch brands that will be displayed on the platform are; Rolex, Mille, Patek Phillippe, Richard Mille and Audemars Piguet. Also, the physical watches are authenticated, insured and stored in a secure vault. The platform utility token WVTR is currently selling for $0.03. With a potential to surge to $0.35 when launched, Watchvestor is a project that can give investors long-term profit.

Find out more about the Watchvestor (WVTR) Presale Today

Website: https://watchvestor.com/

Telegram Community: https://t.me/WatchvestorOfficial