Many crypto enthusiasts and investors often favour making mouth-watering profits through short-term crypto investment strategies with the view of taking advantage of volatile price swings. However, the best way to make millions off the cryptocurrency market may be via long-term cryptocurrency investments.
Let's examine three of the best cryptocurrencies that you can buy for long-term investments: CashFi (CFI), PancakeSwap (CAKE), and Gala (GALA). What is it about these projects that offer excellent upside potential for long-term profitability?
PancakeSwap (CAKE)
Launched in 2020, PancakeSwap (CAKE) is a decentralised exchange (DEX) run on the Binance Smart Chain. PancakeSwap (CAKE) uses an AMM (Automated Market Maker) that allows users to trade against a liquidity pool. Users can also stake various tokens and perform transactions over other blockchains and trade BEP-20 tokens and also perform yield farming.
The use case of PancakeSwap (CAKE) is growing, and many crypto news predictions have singled it out it as an excellent long-term investment, with its price touted to touch $30 by 2025.
Gala (GALA)
Gala (GALA) token is the native coin token of Gala Games, a play-to-earn (P2E) platform that develops blockchain games. Users get to earn Gala (GALA) tokens by playing games, making transactions, and staking Gala (GALA) tokens, and this has improved the use case and popularity of the Gala network. With a market capitalization close to $400 million, it is among the top 80 cryptocurrencies at the time of this writing.
Unlike most gaming platforms, Gala (GALA) offers a range of games to widen the reach of the platform— the platform now has an active 1.3 million monthly users and close to 30,000 NFTs sold. With P2E gaming gaining massive popularity, Gala (GALA) is one for long-term cryptocurrency investment.
CashFi (CFI)
Now to CashFi (CFI). This is a new project that plans to develop a next-generation decentralised network. With the CashFi (CFI) token, you get access to a platform that will centralise varying crypto assets to diversify your crypto portfolio. You'll be able to access NFT investments, liquid staking, and other synthetic investment options.
CashFi (CFI) will launch on the Ethereum (ETH) network at first, but there are progressive plans to support other networks to improve interoperability features. The CashFi (CFI) network will be launching a presale for its native CFI token, and it looks like a highly smart move to buy in at the start.
Vast long-term returns are very feasible for investors as the potential for the CFI token to skyrocket is very high. The hype around the CashFi (CFI) project is huge due to the varying investment options; little wonder crypto news predictions are speculating presale price rises. The CFI token could turn your thousand to millions in the long run; keeping tabs on the project is advised.
Long-term cryptocurrency investments are advisable because they maximise your profits, and CashFi (CFI), PancakeSwap (CAKE), and Gala (GALA) tokens look like the right crypto coins to give you that. You might want to buy in now to put yourself in a good position to maximise profit and puff your bags up in the long term.
For more information on CashFi (CFI), visit:
Presale: https://enter.cashfi.app/register
Website: https://cashfi.app/
Telegram: https://t.me/CashFi_Token
Gala (GALA):
Website: https://app.gala.games/