- Reading time: 4 mins 10 secs
When we look back at the history of cryptos which ones have been the most successful?
Naturally, there’s Bitcoin. #1 for sure.
So most people are looking to find the next Bitcoin, to learn cryptocurrency trends – but with more than 10,000 cryptocurrencies out there right now, your search could be a long one!
Though, in fact, when we start looking at them all, you will notice that those at #10,000 or #8,000, well are not around anymore!
There are a few home runs you could have made, but just looking at the Top 200 coins you will be able to see that those that were in the Top 20 have changed dramatically over the past couple of years.
That’s because crypto development is still continuing to evolve… it’s still a baby at 12 years old, still maturing, growing wiser.
And being WISE is definitely something we have to be when looking at which cryptos to invest in.
To help, we have done our fundamental analysis (as we always do) to find what we believe are the Top 10 Cryptos to invest in for 2022.
To be quite frank, our Top 10 probably consists of all the ones you are already familiar with.
So nothing new?
Not really, one or two maybe. The point is there is a very good reason why they are on the list. Maybe you can work that out as you go through them?
Okay, let’s dive in and we can explore the reasons behind them later.
So, what we are looking at first are the Layer 1’s, the main infrastructures, the ecosystems that have thousands or hundreds of protocols and cryptos built on top of them.
These are basically the pioneers, the innovators, the ones who have had the most backing and support.
The Top 10 Cryptocurrencies For 2022
#1 Bitcoin (BTC) – that’s the obvious one, the biggest one, the grandfather of cryptocurrencies. We know everything there is to know already, so won’t go into details, except to say we are using our CCA and Small Cap strategies on this.
#2 Ethereum (ETH) – again, not much more needs to be said about Ethereum, except that they are building Ethereum 2.0, so already a very solid investment because they are well-backed and supported.
#3 Cardano (ADA) – created by one of the co-founders of Ethereum which is Charles Hoskinson, he bases this blockchain on science, so it is supposed to be very good, they’re building a lot of things on it, it has a very solid community and we believe it will absolutely be one to perform well in the next Bull market that will come.
#4 Solana (SOL) – is a blockchain competitor to Ethereum and Binance Coin and they have been in trouble before, but they just launched a phone built for the Solana ecosystem, which is very exciting combining tangible things that people can use with the code they are creating as well and they have hundreds of projects built on it so if one project failed or is built on Solana it will not affect them that much, that’s why we are investing into the infrastructure.
# 5 Polkadot (DOT) – another exciting blockchain it has a lot of innovation happening on it, similar to Solana, which again is a very exciting project.
#6 Ripple (XRP) – although embroiled in a court case brought against them by SEC, XRP are already working with 200 banks around the world or more, and is looking to become a global payment system and if they succeed it could become really big.
These are the Layer 1’s.
We then have Layer 2’s which are the supporting projects, supporting the whole ecosystem of the bigger Layer 1’s – for instance Ethereum needs support because it can’t do transactions very fast so we have Layer 2’s.
#7 Polygon (MATIC) – so they came along and said okay, Ethereum cannot really do transactions that fast, so what we are doing is we’re building a support system for Ethereum so if Ethereum is successful, which we believe, then Polygon/Matic will do really, really well.
#8 Stacks (STX) – the reason for this is Stacks is building an ecosystem and support system for Bitcoin. This one can also be huge and follow the success of Bitcoin.
#9 Chainlink (LINK) – they are building an oracle to allow all these different blockchains to interact and speak to each other so if Ethereum needs something from another blockchain they can use Chainlink to channel that information some say these oracles will be really the backbone of the whole crypto ecosystem.
#10 Cosmos (ATOM) – they are also building an ecosystem and trying to bridge the information between all of these blockchains
So to summarise – we are investing in the Layer 1’s and into Layer 2’s and then also into the oracles that are kind of binding all of this together.
And of course now, when the price is low, is the time to buy but only of course with the money you can afford to lose.
You have to ensure you measure your risk, and measure it well, you can only really do that when you learn crypto trading.
Of course, these are not recommendations from us – we are just offering our opinion and explaining what we do and how we do it.
We are using very firm strategies.
But the thinking behind our picks is this, we ask ourselves – which of the cryptos do we think are going to really survive, we believe that the Layer 1 protocols will survive.
It’s a little bit like investing in an index fund. If you invest in the US 100 you are getting a small piece of the Top 100 tech companies in the world and the probability of those going to zero is slim to none, well… zero!
That really is the simple logic we are utilising, that is our wisdom.
