These are crazy\u00a0markets.<\/p>\n
First, everything dumped after President Trump announced heavy\u00a0tariffs.<\/p>\n
Then, a few days later, we got one of the biggest pumps on record after Trump backed off on aggressive tariffs.<\/p>\n
Unsurprisingly, the VIX Index, which measures volatility, has soared to levels not seen since the COVID\u00a0crash:<\/p>\n
Source: Koyfin<\/em><\/p>\n Bitcoin (BTC) has surged 2,000% since the last VIX\u00a0spike.<\/strong><\/p>\n For long-term investors like us\u200a\u2014\u200awho are putting money to work for the next 5\u201310 years \u2014these are the kind of buying opportunity we dream\u00a0about.<\/p>\n But I wouldn\u2019t buy\u00a0bitcoin.<\/p>\n Bitcoin was revolutionary when it first came out. But it\u2019s a finished product. All it will ever be is digital cash\u200a\u2014\u200aor, as some folks call it, \u201cdigital\u00a0gold.\u201d<\/p>\n They call it this because bitcoin is a store of value the government can\u2019t dilute, like\u00a0gold.<\/p>\n Whatever you want to call it, the fact remains hardly anyone uses bitcoin to actually buy<\/em> things today. Few Americans use bitcoin to transfer money, either. It hasn\u2019t even dented Western Union\u2019s money-transfer business. Like gold, it \u201cjust sits\u00a0there.\u201d<\/p>\n In other words, there\u2019s one use case for bitcoin. Meanwhile, the rest of crypto is a fountain of innovation (excluding memecoins<\/a>).<\/p>\n Here are five cryptos to buy for the long-term.<\/p>\n Ethereum\u2018s blockchain is the \u201cbase layer\u201d on top of which programmers are building world-changing disruptive businesses.<\/p>\n Think of it like a platform where anyone can create and launch\u00a0\u201capps.\u201d<\/p>\n Kind of how the App Store works on your iPhone. You can download millions of apps for just about everything. The only limit to what \u201capps\u201d developers can build on Ethereum is their imaginations.<\/p>\n Today, there are over 3,000 apps running on Ethereum\u2019s blockchain\u200a\u2014\u200aand it\u2019s the home to many of the world\u2019s top DeFi projects.<\/p>\n There\u2019s one use case for bitcoin. But with Ethereum, the sky\u2019s the\u00a0limit.<\/p>\n Even better\u2026 it\u2019s making real money from all the activity happening on its blockchain. Roughly $32 billion worth of value settles on Ethereum every\u00a0day.<\/p>\n I don\u2019t know about you, but I\u2019d much rather own a fast-growing tech business than \u201cdigital\u00a0gold.\u201d<\/p>\n Tokenomics is one of the most\u200a\u2014\u200aif not the<\/em> most\u200a\u2014\u200aimportant drivers of crypto prices. Tokenomics sets the rules for how a crypto token operates.<\/p>\n Ethereum switched to \u201cstaking\u201d in September 2022 and now boasts some of the best tokenomics of any crypto. Since the big switch, the effects on its supply schedule have been astounding. There have been fewer sellers and more\u00a0buyers.<\/p>\n Today, you can earn around a 3%\u20134% yield staking your ETH through Lido (a decentralized staking network). That\u2019s a big incentive for crypto investors. What\u2019s not to like about getting paid to hold\u00a0ETH?<\/p>\n Ethereum\u2019s \u201cburn\u201d mechanism is comparable to companies buying back their own stock. It reduces the supply of ETH\u00a0\u2026 and should result in higher ETH\u00a0prices.<\/p>\n Crypto achieved a major milestone when bitcoin ETFs got the green light to start trading at the beginning of\u00a02024.<\/p>\n Just two months after their launch, $60 billion worth of investor money poured into these\u00a0funds:<\/p>\n Source: @CharlieBilello on\u00a0X<\/em><\/p>\n For context, the SPDR Gold Shares ETF (GLD) was formerly the fastest ETF to accumulate $10 billion in assets\u2026 but it took three years to do\u00a0it.<\/p>\n BlackRock\u2019s (BLK) iShares Bitcoin Trust ETF (IBIT) achieved this milestone in just seven\u00a0weeks.<\/p>\n The world\u2019s largest asset managers\u200a\u2014\u200aincluding BlackRock, Fidelity, VanEck, and others\u200a\u2014\u200aare now telling their clients to buy and hold BTC and ETH in their\u00a0401(k)s.<\/p>\n More important, Ethereum is only about one-fourth the size of bitcoin. That means it takes less money to move its\u00a0price.<\/p>\n Even if Ethereum attracts 20% of the inflows bitcoin got, logic says that when billions of dollars start flowing into ETH, its price will\u00a0rise.<\/p>\n Investors who think Solana is just a platform to launch meme coins are missing the big opportunity.<\/p>\n Like with Ethereum, thousands of blockchain apps are being built on the Solana infrastructure.<\/p>\n Today, there are over 500 apps running on Solana\u2019s blockchain. It\u2019s the home to many of the world\u2019s top DeFi projects like Raydium (RAY), Ondo Finance (ONDO), Jito (JTO), and\u00a0others.<\/p>\n And each app pays millions of tiny fees to Solana for each transaction. Solana made over 29 million in fees in the last 30\u00a0days.<\/p>\n Solana currently processes 65,000 transactions per second\u200a\u2014\u200ajust as fast as Visa. That\u2019s 10,000X faster than bitcoin and 2,000X better than Ethereum.<\/p>\n Solana is also far cheaper to use than most other blockchains. It costs about three bucks to do a transaction on bitcoin. And between $8 and $40 on Ethereum. A transaction on Solana will set you back $0.00025\u200a\u2014\u200aa fraction of a\u00a0penny.<\/p>\n We already have Ethereum and bitcoin ETFs. Solana ETFs are the logical next\u00a0step.<\/p>\n So far, seven institutions applied for a Solana ETF including some of Wall Street\u2019s finest: Fidelity, Franklin Templeton, VanEck, 21Shares, Canary Capital, Bitwise, and Grayscale which is converting its existing Grayscale Solana Trust\u00a0(GSOL).<\/p>\n The SEC has acknowledged these applications, marking a significant step in the regulatory process. However, final deadlines for these applications are in August or later. Meaning, it could take a few more months before the SEC renders its decision.<\/p>\n More important, Solana is 30 times smaller than bitcoin and three times smaller than Ethereum. ETF flows could easily catapult its price to new all-time\u00a0highs.<\/p>\n In my RiskHedge Venture<\/em> crypto advisory<\/a>, I recommend investing 75% of your crypto allocation to \u201csafer\u201d and bigger cryptos, like Ethereum, and\u00a0Solana.<\/p>\n I recommend putting the remaining 25% into higher-upside tokens.<\/p>\n I just released a report writing about 3 such early-stage cryptos<\/strong><\/a>.<\/strong><\/p>\n They all have real business models making real\u00a0money.<\/p>\n One of them is disrupting Google. Second one built an Airbnb for AI chips. And the third does business with big brands like Disney, Netflix, HBO, Apple, Nike,\u00a0etc.<\/p>\n Best of all, thanks to the recent crypto crash, you can scoop them up at a discount.<\/p>\n Click here to access the full\u00a0report<\/strong><\/a>.<\/strong><\/p>\n \u2014 Stephen McBride, Chief Analyst at <\/em>RiskHedge<\/em><\/a><\/p>\n 5 cryptos to buy during this crash<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" These are crazy\u00a0markets. First, everything dumped after President Trump announced heavy\u00a0tariffs. Then, a few days later, we got one of the biggest pumps on record after Trump backed off on aggressive tariffs. Unsurprisingly, the VIX Index, which measures volatility, has soared to levels not seen since the COVID\u00a0crash: Source: Koyfin If you don\u2019t know about […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-58480","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58480"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58480"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58480\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}If you don\u2019t know about VIX, it\u2019s one of the best contrarian signals.<\/h3>\n
Crypto #1: Good ol\u2019 Ethereum\u00a0(ETH).<\/h3>\n
Fewer sellers, more\u00a0buyers<\/h4>\n
The ETFs have\u00a0arrived<\/h4>\n
Crypto #2: Solana (SOL)\u200a\u2014\u200aspeed and cost\u00a0king<\/h3>\n
Developers love Solana because it\u2019s the fastest of all the major blockchains.<\/h4>\n
Solana ETFs are coming in\u00a02025.<\/h4>\n
Cryptos #3, #4, and\u00a0#5\u2026<\/h3>\n